Abacus Life, Inc. (ABL)
| Market Cap | 763.06M |
| Revenue (ttm) | 66.40M |
| Net Income (ttm) | 9.52M |
| Shares Out | 63.69M |
| EPS (ttm) | 0.16 |
| PE Ratio | 74.88 |
| Forward PE | n/a |
| Dividend | n/a |
| Ex-Dividend Date | n/a |
| Volume | 30,866 |
| Open | 11.94 |
| Previous Close | 11.98 |
| Day's Range | 11.62 - 12.45 |
| 52-Week Range | 5.47 - 13.25 |
| Beta | 0.19 |
| Analysts | n/a |
| Price Target | n/a |
| Earnings Date | May 13, 2024 |
About ABL
Abacus Life, Inc. operates as an alternative asset manager specializing in life insurance products. It purchases life insurance policies from consumers seeking liquidity and manages policies over time via trading, holding, and/or servicing. The company was founded in 2004 and is based in Orlando, Florida. [Read more]
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%.
Financial StatementsNews
Fei Xue Appointed as Vice President of ABL Wealth at Abacus Life
Launched in 2023, ABL Wealth has Aggressive Expansion Plans and Unique Lifespan-Driven Financial Planning and Investment Offerings Launched in 2023, ABL Wealth has Aggressive Expansion Plans and Uniqu...
Elena Plesco Joins Abacus Life (ABL) as Chief Capital Officer
ORLANDO, Fla., April 02, 2024 (GLOBE NEWSWIRE) -- Abacus Life, Inc. (NASDAQ: ABL) (“Abacus” or the “Company”), a leading buyer of life insurance policies and vertically integrated alternative asset ma...
Abacus Life Reports Fourth Quarter and Full Year 2023 Results
- Fourth Quarter 2023 Total Revenue Grew 25% Year-over-Year to $23.6 Million - - Increased Originations Capital Deployment by 92% Year-over-Year to $68.3 Million - - Increased Originations Capital Dep...
Abacus Life to Announce Fourth Quarter 2023 Financial Results on Thursday, March 21, 2024
ORLANDO, Fla., March 12, 2024 (GLOBE NEWSWIRE) -- Abacus Life, Inc. (“Abacus” or the “Company”) (NASDAQ: ABL), a leading buyer of life insurance policies and vertically integrated alternative asset ma...
Glancy Prongay & Murray LLP Announces Investigation of Abacus Life, Inc. (ABL)
NEW YORK--(BUSINESS WIRE)--Glancy Prongay & Murray LLP (“GPM”) announces its investigation of Abacus Life, Inc. (Nasdaq: ABL) concerning the Company and its directors' and officers' possible violation...
UPDATE – Abacus Life (ABL) Officially Launches Technology Sub-Division – ABL Tech
ORLANDO, Fla., Feb. 27, 2024 (GLOBE NEWSWIRE) -- Abacus Life, Inc. (NASDAQ: ABL) (“Abacus” or the “Company”), a leading buyer of life insurance policies and vertically integrated alternative asset man...
Abacus Life (ABL) Officially Launches Technology Sub-Division – ABL Tech
ORLANDO, Fla., Feb. 27, 2024 (GLOBE NEWSWIRE) -- Abacus Life, Inc. (NASDAQ: ABL) (“Abacus” or the “Company”) is a leading buyer of life insurance policies and vertically integrated alternative asset m...
Abacus Life Repurchases Total of $6 Million of Stock in First 60 Days of Program
ORLANDO, Fla., Feb. 13, 2024 (GLOBE NEWSWIRE) -- Abacus Life, Inc. (NASDAQ: ABL) (“Abacus” or the “Company”), a leading buyer of life insurance policies and vertically integrated alternative asset man...
Abacus Life, Inc. Prices Public Offering of $25 Million Additional 9.875% Notes Due 2028
ORLANDO, Fla., Feb. 12, 2024 (GLOBE NEWSWIRE) -- Abacus Life, Inc. (“Abacus” or the “Company”) (NASDAQ: ABL; ABLLL) today announced that it has priced an underwritten public offering of $25 million in...
Abacus Life CEO Jay Jackson Discusses Misconceptions About Life Insurance on the Wealthion Podcast
ORLANDO, Fla., Feb. 06, 2024 (GLOBE NEWSWIRE) -- Abacus Life, Inc. (NASDAQ: ABL) (“Abacus” or the “Company”), a leading buyer of life insurance policies and vertically integrated alternative asset man...
Abacus Life CEO Jay Jackson Discusses Lifespan Data and Financial Planning on SPAC Insider Podcast
ORLANDO, Fla., Feb. 02, 2024 (GLOBE NEWSWIRE) -- Abacus Life, Inc. (NASDAQ: ABL) (“Abacus” or the “Company”), a leading buyer of life insurance policies and vertically integrated alternative asset man...
Abacus Life Repurchases $1.9 Million of Stock in First 30 Days of Program
ORLANDO, Fla., Jan. 09, 2024 (GLOBE NEWSWIRE) -- Abacus Life, Inc. (NASDAQ: ABL) (“Abacus” or the “Company”), a leading buyer of life insurance policies and vertically integrated alternative asset man...
Abacus Life Announces $15 Million Stock Repurchase Program
ORLANDO, Fla., Dec. 12, 2023 (GLOBE NEWSWIRE) -- Abacus Life, Inc. (NASDAQ: ABL) (“Abacus” or the “Company”), a leading buyer of life insurance policies and vertically integrated alternative asset man...
Abacus Life Reports Third Quarter 2023 Results
- Total Revenue Grew 20% Year-over-Year to $21.1 Million - - Increased Originations Capital Deployment by 43% Year-over-Year to $51 Million - - GAAP Net Income of $0.9 Million; non-GAAP Adjusted Net I...
Abacus Life to Participate in the Stephens Investment Conference
ORLANDO, Fla., Nov. 07, 2023 (GLOBE NEWSWIRE) -- Abacus Life, Inc. (“Abacus” or the “Company”) (NASDAQ: ABL), a leading buyer of life insurance policies, policy originator and alternative asset manage...
Abacus Life, Inc. Prices Public Offering of $31.0 Million 9.875% Notes Due 2028
ORLANDO, Fla., Nov. 03, 2023 (GLOBE NEWSWIRE) -- Abacus Life, Inc. (“Abacus” or the “Company”) today announced that it has priced an underwritten public offering of $31.0 million in aggregate principa...
Abacus Life to Announce Third Quarter 2023 Financial Results on Monday, November 13, 2023
ORLANDO, Fla., Oct. 17, 2023 (GLOBE NEWSWIRE) -- Abacus Life, Inc. (“Abacus” or the “Company”) (NASDAQ: ABL), a leading buyer of life insurance policies, policy originator and alternative asset manage...
Abacus Life Reports Second Quarter 2023 Results
- Revenue Grew 30% Year-over-Year to $18.3 Million - - Increased Originations Capital Deployment by 88% Year-over-Year to $59.7 Million - - Net Income Increased 40% Year-over-Year to $6.4 Million - - ...
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Abacus Life to Announce Second Quarter 2023 Financial Results on Monday, August 14, 2023
ORLANDO, Fla., July 24, 2023 (GLOBE NEWSWIRE) -- Abacus Life, Inc. (“Abacus” or the “Company”) (NASDAQ: ABL), a leading buyer of life insurance policies and vertically integrated alternative asset man...
Abacus Life to Participate in ICR Webinar Series Tuesday, July 11, 2023 at 12 PM ET
ORLANDO, Fla., July 07, 2023 (GLOBE NEWSWIRE) -- Abacus Life, Inc. (“Abacus” or the “Company”) (NASDAQ: ABL), a leading buyer of life insurance policies and vertically integrated alternative asset man...
Abacus Life Begins Trading on Nasdaq Under New Ticker Symbol “ABL”
Listing Follows Completion of Business Combination with East Resources Acquisition Company Listing Follows Completion of Business Combination with East Resources Acquisition Company