TheEdgeResearch
Home / Stocks / ABL

Abacus Global Management, Inc. (ABL)

NASDAQ Financial Services Insurance - Life
$8.09 ▲ +4.25%
Market Cap
$790.8M
Sector
Financial Services
Industry
Insurance - Life
Beta
-0.07
52-Wk Range
4.6-10.31
CEO
Jay J. Jackson
Country
US
Currency
USD

Abacus Global Management, Inc. operates in the Insurance - Life industry of the Financial Services sector, headquartered in Orlando, FL, US. The stock last traded at $8.09, up 4.25% on the session, giving a market capitalisation of $790.8M. On trailing twelve-month figures it carries a trailing P/E of 28.02, a net margin of 88.0%. Its beta of -0.07 implies it has historically moved less than the broad market.

Valuation & profitability (TTM)
P/E
28.02
Price / Sales
24.68
Price / Book
156.26
EV / EBITDA
19.45
Gross margin
93.1%
Operating margin
265.3%
Net margin
88.0%
Return on equity
Debt / equity
10.70
Current ratio
0.70
Dividend yield
2.5%
Payout ratio
2.0%
Company profile
Exchange
NASDAQ Capital Market
Employees
157
IPO date
2020-09-14
Headquarters
Orlando, FL, US
About Abacus Global Management, Inc.

Abacus Global Management, Inc., a U.S.-based alternative asset manager and market maker, structures its operations across five distinct segments. The Active Management division buys, sells, trades, and maintains policies until death benefits are received. Its Originations segment facilitates life insurance policy settlements between investors and sellers, often the original policy owners. The Asset Management segment provides services for investors in alternative investment and equity portfolio funds, guided by investment agreements. Contract-based policy services are offered through the Portfolio Servicing segment. Finally, the Technology Services segment delivers specialized, contract-based life insurance market services, including real-time mortality and missing participant verification. The company distributes its products through financial advisors, agents, direct-to-consumer sales, and traditional life settlements intermediaries. Established in 2004 and headquartered in Orlando, Florida, the firm was formerly known as Abacus Life, Inc. until its name change in February 2025.

Comparable companies

Abacus Global Management, Inc. is most often compared with the following Financial Services names:

ABLLLBHBCIONCRD-AEGBNHQLITICTCBXTCPC
More research on ABL
ABL technical analysis ABL TheEdge Score Compare against peers
Open full interactive analysis & DCF →