ABX FY2026 EPS Estimate Boosted by Northland Securities

Abacus Global Management, Inc. (NYSE:ABX) – Research analysts at Northland Securities increased their FY2026 earnings per share (EPS) estimates for Abacus Global Management in a report released on Thursday, August 6th. Northland Securities analyst M. Grondahl now forecasts that the company will post earnings per share of $1.04 for the year, up from their prior estimate of $1.03. The consensus estimate for Abacus Global Management’s current full-year earnings is $1.04 per share. Northland Securities also issued estimates for Abacus Global Management’s Q4 2026 earnings at $0.29 EPS.

Several other research analysts have also commented on ABX. Wall Street Zen lowered Abacus Global Management from a “buy” rating to a “hold” rating in a report on Saturday, May 2nd. Piper Sandler lowered their price objective on shares of Abacus Global Management from $13.00 to $12.00 and set a “neutral” rating on the stock in a research report on Friday, August 7th. Texas Capital raised shares of Abacus Global Management to a “strong-buy” rating in a report on Tuesday, June 9th. B. Riley Financial reaffirmed a “buy” rating on shares of Abacus Global Management in a report on Friday. Finally, Weiss Ratings reiterated a “hold (c)” rating on shares of Abacus Global Management in a research report on Thursday, June 11th. One equities research analyst has rated the stock with a Strong Buy rating, one has issued a Buy rating and three have issued a Hold rating to the stock. Based on data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and a consensus target price of $12.00.

Abacus Global Management Stock Performance

NYSE:ABX opened at $8.93 on Monday. Abacus Global Management has a 52-week low of $5.00 and a 52-week high of $12.44. The company’s fifty day simple moving average is $10.20. The company has a quick ratio of 1.91, a current ratio of 1.91 and a debt-to-equity ratio of 0.79. The company has a market capitalization of $856.37 million, a price-to-earnings ratio of 31.89 and a beta of 0.07.

Institutional Investors Weigh In On Abacus Global Management

A number of hedge funds and other institutional investors have recently modified their holdings of ABX. Russell Investments Group Ltd. bought a new stake in Abacus Global Management in the fourth quarter valued at approximately $30,000. New York State Common Retirement Fund bought a new position in shares of Abacus Global Management in the fourth quarter worth approximately $75,000. Police & Firemen s Retirement System of New Jersey purchased a new position in shares of Abacus Global Management in the fourth quarter worth $83,000. Summit Wealth & Retirement Planning Inc. purchased a new position in shares of Abacus Global Management in the fourth quarter worth $86,000. Finally, Intech Investment Management LLC purchased a new position in shares of Abacus Global Management in the fourth quarter worth $96,000.

Insiders Place Their Bets

In other Abacus Global Management news, major shareholder Sean Mcnealy sold 38,333 shares of the stock in a transaction that occurred on Monday, August 3rd. The shares were sold at an average price of $10.31, for a total transaction of $395,213.23. Following the transaction, the insider directly owned 12,610,606 shares in the company, valued at $130,015,347.86. This trade represents a 0.30% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, major shareholder Kevin Scott Kirby sold 38,334 shares of Abacus Global Management stock in a transaction that occurred on Monday, August 3rd. The stock was sold at an average price of $10.31, for a total transaction of $395,223.54. Following the transaction, the insider directly owned 12,610,305 shares in the company, valued at $130,012,244.55. This trade represents a 0.30% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders sold a total of 115,000 shares of company stock valued at $1,185,650 over the last quarter. 46.40% of the stock is owned by corporate insiders.

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.