Abacus Global Management (NYSE:ABX) Updates FY 2026 Earnings Guidance

Abacus Global Management (NYSE:ABX) updated its FY 2026 earnings guidance on Thursday. The company provided EPS guidance of 1.000-1.05 for the period, compared to the consensus EPS estimate of 0.980. The company issued revenue guidance of -. Abacus Global Management also updated its Q2 2026 guidance to 0.240-0.26 EPS.

Abacus Global Management Stock Performance

NYSE ABX opened at $9.38 on Friday. The company has a market capitalization of $905.18 million, a P/E ratio of 25.34 and a beta of 0.11. The company’s 50 day simple moving average is $9.09. The company has a current ratio of 0.47, a quick ratio of 0.47 and a debt-to-equity ratio of 0.69. Abacus Global Management has a 52-week low of $4.60 and a 52-week high of $10.53.

Abacus Global Management (NYSE:ABX) last announced its earnings results on Thursday, May 7th. The company reported $0.20 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.21 by ($0.01). Abacus Global Management had a net margin of 15.53% and a return on equity of 19.20%. The company had revenue of $59.39 million for the quarter. Abacus Global Management has set its Q2 2026 guidance at 0.240-0.26 EPS and its FY 2026 guidance at 1.000-1.05 EPS. On average, analysts forecast that Abacus Global Management will post 0.98 earnings per share for the current fiscal year.

Analyst Upgrades and Downgrades

A number of equities research analysts recently weighed in on the company. Weiss Ratings assumed coverage on Abacus Global Management in a research note on Thursday, January 29th. They issued a “hold (c-)” rating on the stock. Piper Sandler reduced their price objective on shares of Abacus Global Management from $11.00 to $9.50 and set a “neutral” rating for the company in a research note on Tuesday, April 7th. Wall Street Zen cut shares of Abacus Global Management from a “buy” rating to a “hold” rating in a research report on Saturday, May 2nd. Finally, Zacks Research downgraded shares of Abacus Global Management from a “strong-buy” rating to a “hold” rating in a research note on Wednesday, January 28th. Three analysts have rated the stock with a Hold rating, According to MarketBeat.com, the stock has an average rating of “Hold” and a consensus price target of $9.50.

Institutional Inflows and Outflows

Several institutional investors have recently modified their holdings of ABX. Russell Investments Group Ltd. purchased a new stake in Abacus Global Management in the fourth quarter valued at approximately $30,000. New York State Common Retirement Fund purchased a new stake in shares of Abacus Global Management in the 4th quarter valued at $75,000. Police & Firemen s Retirement System of New Jersey acquired a new stake in shares of Abacus Global Management in the fourth quarter worth $83,000. Intech Investment Management LLC purchased a new position in shares of Abacus Global Management during the fourth quarter worth $96,000. Finally, Axxcess Wealth Management LLC purchased a new stake in Abacus Global Management in the fourth quarter valued at $98,000.

About Abacus Global Management

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.