Northland Securities Has Negative Outlook of ABX Q1 Earnings

Abacus Global Management, Inc. (NYSE:ABX) – Equities researchers at Northland Securities lowered their Q1 2026 EPS estimates for Abacus Global Management in a report issued on Friday, March 13th. Northland Securities analyst M. Grondahl now forecasts that the company will earn $0.21 per share for the quarter, down from their prior estimate of $0.23. Northland Securities also issued estimates for Abacus Global Management’s Q2 2026 earnings at $0.25 EPS, Q3 2026 earnings at $0.26 EPS, Q4 2026 earnings at $0.28 EPS and FY2026 earnings at $0.99 EPS.

ABX has been the topic of several other reports. Weiss Ratings assumed coverage on shares of Abacus Global Management in a research note on Thursday, January 29th. They set a “hold (c-)” rating on the stock. Wall Street Zen cut Abacus Global Management from a “buy” rating to a “hold” rating in a research report on Saturday. Zacks Research lowered Abacus Global Management from a “strong-buy” rating to a “hold” rating in a research report on Wednesday, January 28th. Finally, Piper Sandler downgraded Abacus Global Management from an “overweight” rating to a “neutral” rating and set a $11.00 price objective for the company. in a research note on Friday. Three equities research analysts have rated the stock with a Hold rating, According to MarketBeat, the company currently has an average rating of “Hold” and a consensus price target of $11.00.

Abacus Global Management Stock Performance

Shares of NYSE:ABX opened at $9.93 on Monday. Abacus Global Management has a 52 week low of $4.60 and a 52 week high of $10.54. The company has a debt-to-equity ratio of 0.67, a current ratio of 0.93 and a quick ratio of 0.93. The company has a market capitalization of $970.17 million, a P/E ratio of 26.82 and a beta of -0.14.

Abacus Global Management (NYSE:ABX) last released its earnings results on Thursday, March 12th. The company reported $0.23 earnings per share for the quarter, topping the consensus estimate of $0.20 by $0.03. Abacus Global Management had a net margin of 15.53% and a return on equity of 19.10%. The business had revenue of $71.90 million for the quarter.

Institutional Inflows and Outflows

Several large investors have recently added to or reduced their stakes in ABX. Kennedy Capital Management LLC acquired a new stake in shares of Abacus Global Management during the 4th quarter valued at $5,342,000. QTR Family Wealth LLC acquired a new position in shares of Abacus Global Management in the fourth quarter worth $5,110,000. JB Capital Partners LP acquired a new position in shares of Abacus Global Management in the fourth quarter worth $684,000. Oasis Management Co Ltd. purchased a new stake in shares of Abacus Global Management during the fourth quarter worth $197,000. Finally, Los Angeles Capital Management LLC purchased a new stake in shares of Abacus Global Management during the fourth quarter worth $1,510,000.

Abacus Global Management Company Profile

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.