Abacus Life, Inc. (ABL)

Market Cap	724.85M
Revenue (ttm)	102.41M
Net Income (ttm)	-11.93M
Shares Out	93.89M
EPS (ttm)	-0.19
PE Ratio	n/a
Forward PE	10.29
Dividend	n/a
Ex-Dividend Date	n/a

Volume	350,582
Open	7.45
Previous Close	7.51
Day's Range	7.42 - 7.90
52-Week Range	7.07 - 13.25
Beta	0.12
Analysts	Strong Buy
Price Target	14.38 (+86.27%)
Earnings Date	Nov 7, 2024

About ABL

Abacus Life, Inc. operates as an alternative asset manager and market maker in the United States. It operates through three segments: Portfolio Servicing, Active Management, and Originations. The Portfolio Servicing segment provides policy services to customers on a contract basis. The Active Management segment is involved in buying, selling, and trading policies, as well as maintaining policies until receipt of death benefits. The Originations segment originates life insurance policy settlements between investors or buyers, and the sellers, wh...

• Industry: Insurance - Life
• Sector: Financials
• Founded: 2004
• Employees: 102
• Stock Exchange: NASDAQ
• Ticker Symbol: ABL
• Website: https://abacuslife.com

Financial Performance

In 2023, Abacus Life's revenue was $66.40 million, an increase of 48.50% compared to the previous year's $44.71 million. Earnings were $9.52 million, a decrease of -69.96%.

Analyst Forecast

According to 4 analysts, the average rating for ABL stock is "Strong Buy." The 12-month stock price forecast is $14.38, which is an increase of 86.27% from the latest price.

Price Target

$14.38

(86.27% upside)

Analyst Consensus: Strong Buy