Abacus Life Stock Quote ABL - Stock Price, News, Charts, Message Board, Trades

Empower your portfolio: Real-time discussions and actionable trading ideas.

Premium

Current Price

9.93

Bid

9.10

Ask

10.87

Volume

18,394

9.70 Day's Range 10.515

5.75 52 Week Range 13.25

Market Cap

634.778M

Previous Close

10.07

Open

10.10

Last Trade

9.55

Last Trade Time

16:00:37

Financial Volume

$ 185,840

VWAP

10.1033

Average Volume (3m)

76,648

Shares Outstanding

63,925,316

Dividend Yield

PE Ratio

66.42

Earnings Per Share (EPS)

0.15

Revenue

66.4M

Net Profit

9.52M

Abacus Life, Inc. is a buyer of life insurance policies and a vertically integrated alternative asset manager specializing in specialty insurance products. The Company purchases life insurance policies from consumers seeking liquidity and manages those policies over time through trading, holding, an... Abacus Life, Inc. is a buyer of life insurance policies and a vertically integrated alternative asset manager specializing in specialty insurance products. The Company purchases life insurance policies from consumers seeking liquidity and manages those policies over time through trading, holding, and/or servicing. The Company offers a full turn-key solution to agents and brokers, including medical records retrieval, illustration requests, and licensing support. It provides online tools to qualify and an easy on-boarding process with single-page application, HIPAA, and insurance release. It conducts life settlement business in the green states. It helps clients to maximize the value of their life insurance. The Company has an institutionalized origination and portfolio management process. The Company manages assets for asset managers and third-party investment funds. It operates in about 49 states. Show more

Sector

Investment Advice

Industry

Investment Advice

Website

www.abacuslifesettlements.com

Headquarters

Dover, Delaware, USA

Founded

1970

Abacus Life Inc is listed in the Investment Advice sector of the NASDAQ with ticker ABL. The last closing price for Abacus Life was $10.07. Over the last year, Abacus Life shares have traded in a share price range of $ 5.75 to $ 13.25.

Abacus Life currently has 63,925,316 shares outstanding. The market capitalization of Abacus Life is $643.73 million. Abacus Life has a price to earnings ratio (PE ratio) of 66.42.

Abacus Life Provides Preliminary Second Quarter 2024 Results

- Expects Total Revenue Between $28.0 and $30.0 Million; Grows 146-163% Year-over-Year - - Expects Net Income Between $0.0 and $1.0 Million - - Expects Adjusted EBITDA Between $15.0 and $17.0...

Abacus Life Announces Agreement to Acquire Carlisle Management Company SCA

Acquisition accelerates Abacus' expansion as a global alternative asset manager and origination company Deal will add up to $2 billion in AUM to Abacus ORLANDO, Fla., July 18, 2024 (GLOBE...

Abacus Life Announces Closing of Public Offering of 11,500,000 Shares of Common Stock

ORLANDO, Fla., June 24, 2024 (GLOBE NEWSWIRE) -- Abacus Life, Inc. (“Abacus” or the “Company”) (NASDAQ: ABL), a pioneering alternative asset manager specializing in longevity and actuarial...

Abacus Life Announces Pricing of Public Offering of Common Stock

ORLANDO, Fla., June 20, 2024 (GLOBE NEWSWIRE) -- Abacus Life, Inc. (“Abacus” or the “Company”) (NASDAQ: ABL), a pioneering alternative asset manager specializing in longevity and actuarial...

Abacus Life Announces Proposed Public Offering of Common Stock

ORLANDO, Fla., June 13, 2024 (GLOBE NEWSWIRE) -- Abacus Life, Inc. (“Abacus” or the “Company”) (NASDAQ: ABL), a pioneering alternative asset manager specializing in longevity and actuarial...

The Deal’s 2023 Annual Ranking Shows Abacus Life (ABL) Leads Life Settlement Industry with 26% Market Share in Funds Paid to Clients

ORLANDO, Fla., June 06, 2024 (GLOBE NEWSWIRE) -- Abacus Life, Inc. (NASDAQ: ABL) (“Abacus” or the “Company”), a pioneering alternative asset manager specializing in longevity and actuarial...

Abacus Life and AIMCOR Announce New National Distribution Agreement

ORLANDO, Fla., June 03, 2024 (GLOBE NEWSWIRE) -- Abacus Life, Inc. (NASDAQ: ABL) (“Abacus” or the “Company”), a pioneering alternative asset manager specializing in longevity and actuarial...

Abacus Life Reports First Quarter 2024 Results

- First Quarter 2024 Total Revenue More Than Doubled Year-over-Year to $21.5 Million - - Driven by 59% Year-over-Year Growth in Direct-to-Consumer Division - ORLANDO, Fla., May 13, 2024 (GLOBE...