Abacus Life, Inc. 9.875% Fixed Rate Senior Notes due 2028 (ABLLL)
Abacus Life, Inc. 9.875% Fixed Rate Senior Notes due 2028 operates in the Insurance - Life industry of the Financial Services sector, headquartered in Orlando, US. The stock last traded at $25.61, up 0.02% on the session, giving a market capitalisation of $2.50B. On trailing twelve-month figures it carries a trailing P/E of 88.69, a net margin of 10.5%. Its beta of -0.47 implies it has historically moved less than the broad market.
Abacus Life, Inc. operates as an alternative asset management firm, primarily concentrating its investments in active life insurance policies. The company's business model involves acquiring existing life insurance policies and then, via a specific origination procedure, linking these policies to potential purchasers. The enterprise was co-founded by Matthew Ganovsky, Kevin Scott Kirby, and Todd Sean McNealy, and its principal location is in Orlando, Florida.
Abacus Life, Inc. 9.875% Fixed Rate Senior Notes due 2028 is most often compared with the following Financial Services names: