Abacus Global Management Inc ABX

$8.27 +0.38 (4.82%)

Valuation

Market cap
771,579,000
Revenue TTM
$235,240,000
Net income TTM
$36,530,000
PE ratio
8.86
Forward PE
7.73
Profit margin
15.53%
Debt to equity
0.75

Trading

Volume
563,700
Avg volume
580,364
Day's range
$8.05 – $8.35
Shares out
97,792,000
Stochastic %K
70%
Beta
0.08
Analysts
Strong Sell
Price target
$14.31

Price

Company profile

Abacus Global Management, Inc. operates as an alternative asset manager and market maker in the United States, Luxembourg, and internationally. The company operates in three segments: Asset Management, Life Solutions, and Technology Services segments. The Asset Management segment provides asset management services to investors investing in alternative investment and exchange-traded funds. The Life Solutions segment o...

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Abacus Global Management, Inc. operates as an alternative asset manager and market maker in the United States, Luxembourg, and internationally. The company operates in three segments: Asset Management, Life Solutions, and Technology Services segments. The Asset Management segment provides asset management services to investors investing in alternative investment and exchange-traded funds. The Life Solutions segment originates life insurance policy settlements between investors or buyers, and the sellers, who are often the original policy owners. The Technology Services segment provides real-time mortality verification, missing participant verification, and other services specific to the life insurance market services to customers on a contract basis. It sells its products through financial advisors or agents, direct-to-consumer, and traditional life settlements intermediaries. The company was formerly known as Abacus Life, Inc. and changed its name to Abacus Global Management, Inc. in February 2025. Abacus Global Management, Inc. was founded in 2004 and is headquartered in Orlando, Florida.

Industry
Insurance - Life
Sector
Financial Services
Phone
800 561 4148
Website
https://abacusgm.com
Address
333 South Garland Avenue, Suite 1500, Orlando, United States

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