Abacus Life Inc. (ABL)

NASDAQ: ABL · IEX Real-Time Price · USD
9.66
-0.41 (-4.07%)
At close: Dec 29, 2023, 4:00 PM
9.85
+0.19 (1.97%)
After-hours: Dec 29, 2023, 7:59 PM EST
-4.07%
Market Cap 401.07M
Revenue (ttm) 66.37M
Net Income (ttm) 45.52M
Shares Out 63.35M
EPS (ttm) 8,002.44
PE Ratio 0.00
Forward PE n/a
Dividend n/a
Ex-Dividend Date n/a
Volume 91,164
Open 10.15
Previous Close 10.07
Day's Range 9.65 - 10.43
52-Week Range 5.47 - 11.43
Beta -0.09
Analysts n/a
Price Target n/a
Earnings Date Feb 6, 2024

About ABL

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. [Read more]

Sector Financials
Founded 2004
Country FL
Stock Exchange NASDAQ
Ticker Symbol ABL
Full Company Profile

Financial Performance

In 2022, Abacus Life's revenue was $44.71 million, an increase of 3626.17% compared to the previous year's $1.20 million. Earnings were $31.68 million, an increase of 217707.47%.

Financial Statements

News

Abacus Life Announces $15 Million Stock Repurchase Program

ORLANDO, Fla., Dec. 12, 2023 (GLOBE NEWSWIRE) -- Abacus Life, Inc. (NASDAQ: ABL) (“Abacus” or the “Company”), a leading buyer of life insurance policies and vertically integrated alternative asset man...

19 days ago - GlobeNewsWire

Abacus Life Reports Third Quarter 2023 Results

- Total Revenue Grew 20% Year-over-Year to $21.1 Million - - Increased Originations Capital Deployment by 43% Year-over-Year to $51 Million - - GAAP Net Income of $0.9 Million; non-GAAP Adjusted Net I...

6 weeks ago - GlobeNewsWire

Abacus Life to Participate in the Stephens Investment Conference

ORLANDO, Fla., Nov. 07, 2023 (GLOBE NEWSWIRE) -- Abacus Life, Inc. (“Abacus” or the “Company”) (NASDAQ: ABL), a leading buyer of life insurance policies, policy originator and alternative asset manage...

7 weeks ago - GlobeNewsWire

Abacus Life, Inc. Prices Public Offering of $31.0 Million 9.875% Notes Due 2028

ORLANDO, Fla., Nov. 03, 2023 (GLOBE NEWSWIRE) -- Abacus Life, Inc. (“Abacus” or the “Company”) today announced that it has priced an underwritten public offering of $31.0 million in aggregate principa...

2 months ago - GlobeNewsWire

Abacus Life to Announce Third Quarter 2023 Financial Results on Monday, November 13, 2023

ORLANDO, Fla., Oct. 17, 2023 (GLOBE NEWSWIRE) -- Abacus Life, Inc. (“Abacus” or the “Company”) (NASDAQ: ABL), a leading buyer of life insurance policies, policy originator and alternative asset manage...

2 months ago - GlobeNewsWire

Abacus Life Reports Second Quarter 2023 Results

- Revenue Grew 30% Year-over-Year to $18.3 Million - - Increased Originations Capital Deployment by 88% Year-over-Year to $59.7 Million - - Net Income Increased 40% Year-over-Year to $6.4 Million - - ...

4 months ago - GlobeNewsWire

Top 5 Financial Stocks You'll Regret Missing This Quarter - Beneficient (NASDAQ:BENF), Abacus Life (NASDAQ:ABL)

The most oversold stocks in the financial sector presents an opportunity to buy into undervalued companies.

Other symbols: BENFEEFTPAYSRELI
5 months ago - Benzinga

Abacus Life to Announce Second Quarter 2023 Financial Results on Monday, August 14, 2023

ORLANDO, Fla., July 24, 2023 (GLOBE NEWSWIRE) -- Abacus Life, Inc. (“Abacus” or the “Company”) (NASDAQ: ABL), a leading buyer of life insurance policies and vertically integrated alternative asset man...

5 months ago - GlobeNewsWire

Abacus Life to Participate in ICR Webinar Series Tuesday, July 11, 2023 at 12 PM ET

ORLANDO, Fla., July 07, 2023 (GLOBE NEWSWIRE) -- Abacus Life, Inc. (“Abacus” or the “Company”) (NASDAQ: ABL), a leading buyer of life insurance policies and vertically integrated alternative asset man...

6 months ago - GlobeNewsWire

Abacus Life Begins Trading on Nasdaq Under New Ticker Symbol “ABL”

Listing Follows Completion of Business Combination with East Resources Acquisition Company Listing Follows Completion of Business Combination with East Resources Acquisition Company

6 months ago - GlobeNewsWire