Abacus Global Management (NYSE:ABX) Issues Q3 2026 Earnings Guidance

Abacus Global Management (NYSE:ABX) updated its third quarter 2026 earnings guidance on Thursday morning. The company provided earnings per share guidance of 0.260-0.280 for the period, compared to the consensus estimate of 0.270. The company issued revenue guidance of -. Abacus Global Management also updated its FY 2026 guidance to 1.000-1.050 EPS.

Abacus Global Management Stock Down 1.4%

NYSE ABX opened at $10.41 on Friday. The company has a market cap of $998.53 million, a P/E ratio of 26.69 and a beta of 0.07. 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 firm has a 50-day simple moving average of $10.18. Abacus Global Management has a 12-month low of $5.00 and a 12-month high of $12.44.

Analyst Upgrades and Downgrades

A number of research analysts recently commented on the company. Wall Street Zen downgraded Abacus Global Management from a “buy” rating to a “hold” rating in a research note on Saturday, May 2nd. Texas Capital upgraded shares of Abacus Global Management to a “strong-buy” rating in a research report on Tuesday, June 9th. Piper Sandler lifted their price target on Abacus Global Management from $10.00 to $13.00 and gave the company a “neutral” rating in a research note on Monday, July 13th. Finally, Weiss Ratings restated 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 and three have assigned a Hold rating to the company. Based on data from MarketBeat, Abacus Global Management presently has an average rating of “Moderate Buy” and an average target price of $13.00.

Insiders Place Their Bets

In related news, major shareholder Sean Mcnealy sold 38,333 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 value of $395,213.23. Following the transaction, the insider directly owned 12,610,606 shares of the company’s stock, valued at $130,015,347.86. The trade was a 0.30% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, major shareholder Kevin Scott Kirby sold 38,334 shares of the company’s stock in a transaction that occurred on Monday, August 3rd. The shares were sold at an average price of $10.31, for a total value of $395,223.54. Following the completion of the sale, the insider owned 12,610,305 shares in the company, valued at $130,012,244.55. The trade was a 0.30% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders sold a total of 115,000 shares of company stock valued at $1,185,650 in the last 90 days. Corporate insiders own 46.40% of the company’s stock.

Institutional Investors Weigh In On Abacus Global Management

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

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.