Abacus LifeABL
ABL
About: Abacus Global Management Inc, formerly Abacus Life Inc is a vertically integrated alternative asset manager specializing in investing in life insurance products throughout the lifecycle of a life insurance policy.
Employees: 102
0
Funds holding %
of 7,398 funds
–
Analysts bullish %
Fund manager confidence
Based on 2024 Q4 regulatory filings by fund managers ($100M+ AUM)
767% more first-time investments, than exits
New positions opened: 26 | Existing positions closed: 3
483% more repeat investments, than reductions
Existing positions increased: 35 | Existing positions reduced: 6
58% more capital invested
Capital invested by funds: $133M [Q3] → $210M (+$76.7M) [Q4]
43% more funds holding
Funds holding: 51 [Q3] → 73 (+22) [Q4]
10.92% more ownership
Funds ownership: 17.62% [Q3] → 28.54% (+10.92%) [Q4]
92% less call options, than puts
Call options by funds: $71K | Put options by funds: $851K
Research analyst outlook
1 Wall Street Analyst provided 1 year price targets over the past 3 months
Low target
$15
105%
upside
Avg. target
$15
105%
upside
High target
$15
105%
upside
1 analyst rating
1 positive
100%
0 neutral
0%
0 negative
0%
B. Riley Securities Matt Howlett 46% 1-year accuracy 6 / 13 met price target | 105%upside $15 | Buy Maintained | 7 Jan 2025 |
Financial journalist opinion
Based on 6 articles about ABL published over the past 30 days
Positive
Zacks Investment Research
3 hours ago
4 Stocks to Watch From a Prospering Life Insurance Industry
Redesigning and repricing of products and services amid a low rate environment are likely to help Zacks Life Insurance industry players like AVVIY, NNGRY, JXN and ABL. These companies are investing heavily in digitization.
Neutral
Seeking Alpha
4 days ago
Abacus Life, Inc. (ABL) Q4 2024 Earnings Conference Call Transcript
Abacus Life, Inc. (NASDAQ:ABL ) Q4 2024 Earnings Conference Call March 27, 2025 5:00 PM ET Company Participants Robert Phillips - SVP, IR and Corporate Affairs Jay Jackson - Chairman and CEO Bill McCauley - CFO Conference Call Participants Patrick Davitt - Autonomous Research Crispin Love - Piper Sandler Randy Binner - B. Riley Securities Mike Grondahl - Northland Securities Andrew Kligerman - TD Securities Operator Good day, ladies and gentlemen, and thank you for standing by.
Positive
Zacks Investment Research
4 days ago
Abacus Life, Inc. (ABL) Surpasses Q4 Earnings and Revenue Estimates
Abacus Life, Inc. (ABL) came out with quarterly earnings of $0.16 per share, beating the Zacks Consensus Estimate of $0.13 per share. This compares to loss of $0.10 per share a year ago.
Positive
Proactive Investors
5 days ago
Abacus Global Management forecasts over 50% growth in 2025 adjusted net income following strong Q4
Abacus Global Management (NASDAQ:ABL) reported a 40% increase in fourth-quarter revenue, reaching $33.2 million, as the alternative asset manager expanded its operations through strategic acquisitions and capital deployment. For the full year 2024, revenue surged 69% to $111.9 million, while adjusted net income climbed 58% to $46.5 million.
Neutral
GlobeNewsWire
5 days ago
Abacus Global Management Reports Fourth Quarter and Full Year 2024 Results
- Delivered Record Full Year Revenue and Growth While Executing on Strategic Acquisitions and Initiatives -
Positive
Proactive Investors
3 weeks ago
Abacus Life rebrands as Abacus Global Management
Abacus Life Inc (NASDAQ:ABL) announced on Tuesday that it has rebranded as Abacus Global Management, a move aimed at reflecting its broadened global presence and diversified financial services portfolio. The alternative asset manager said the rebrand underscores its strategic focus on technology-driven financial solutions, spanning life insurance assets, wealth management, and institutional investment services.
Positive
Proactive Investors
1 month ago
Abacus Life gains analyst support as it expands asset management business
Abacus Life Inc (NASDAQ:ABL) is gaining traction among analysts as it transitions from a life settlements firm into a broader asset management player. Analysts at Autonomous Research, Northland, and Piper Sandler see the alternative asset management company as significantly undervalued, with a strong market position, growing revenue streams, and potential for valuation upside.
Neutral
GlobeNewsWire
1 month ago
Abacus Life to Announce Fourth Quarter 2024 Financial Results on Thursday, March 27, 2025
ORLANDO, Fla., Feb. 25, 2025 (GLOBE NEWSWIRE) -- Abacus Life, Inc. (“Abacus” or the “Company”) (NASDAQ: ABL), a pioneering global alternative asset manager specializing in leveraging longevity data and actuarial technology to offer uncorrelated investment opportunities, today announced it will release its fourth quarter 2024 financial results after the market closes on Thursday, March 27, 2025.
Neutral
GlobeNewsWire
1 month ago
Abacus Life Announces Private Exchange of Outstanding Public Warrants
ORLANDO, Fla., Feb. 24, 2025 (GLOBE NEWSWIRE) -- Abacus Life, Inc. (“Abacus” or the “Company”) (NASDAQ: ABL), a pioneering alternative asset manager specializing in leveraging longevity and actuarial technology to offer uncorrelated investment opportunities, today announced that it has entered into warrant exchange agreements (each, an “Exchange Agreement”) with certain holders (the “Holders”) of its outstanding publicly traded warrants (the “Public Warrants”) to purchase shares of the Company's common stock, par value $0.0001 per share (“Common Stock”). Pursuant to their respective Exchange Agreements, the Holders agreed to surrender an aggregate of 4,930,745 Public Warrants in exchange for an aggregate of 1,134,071 shares of newly issued Common Stock, representing a ratio of 0.23 shares per warrant.1
Positive
Proactive Investors
1 month ago
Abacus Life rebrands FCF Advisors, launches new small-cap ETF
Abacus Life Inc (NASDAQ:ABL) said on Wednesday it has rebranded FCF Advisors as Abacus FCF Advisors, a subsidiary of ABL Wealth, as part of its expansion into free cash flow-focused investment strategies. As part of the transition, Abacus FCF Advisors launched the Abacus FCF Small Cap Leaders ETF (ABLS) and announced management fee reductions of five to 10 basis points across all its ETFs.
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