ABACUS GLOBAL MANAGEMENT INC (ABL) Stock Price, Forecast & Analysis
NASDAQ:ABL • US00258Y1047
ABL Key Statistics, Chart & Performance
The current stock price of ABL is 8.47 USD. In the past month the price increased by 27.75%. In the past year, price increased by 7.22%.
ABL Technical Analysis
ChartMill assigns a technical rating of 9 / 10 to ABL. When comparing the yearly performance of all stocks, ABL is one of the better performing stocks in the market, outperforming 81.88% of all stocks.
ABL Fundamental Analysis
ChartMill assigns a fundamental rating of 4 / 10 to ABL. ABL has a bad profitability rating. Also its financial health evaluation is rather negative.
ABL Financial Highlights
Over the last trailing twelve months ABL reported a non-GAAP Earnings per Share(EPS) of 0.76. The EPS increased by 94.87% compared to the year before.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PM (TTM) | 5.62% | ||
| ROA | 1.2% | ||
| ROE | 2.51% | ||
| Debt/Equity | 0.66 |
ABL Forecast & Estimates
9 analysts have analysed ABL and the average price target is 13.36 USD. This implies a price increase of 57.76% is expected in the next year compared to the current price of 8.47.
For the next year, analysts expect an EPS growth of 28.44% and a revenue growth 100.07% for ABL
ABL Ownership
ABL Competitors/Peers
| Symbol | Company Name | Technical Rating | Fundamental Rating | FPE | Market Cap |
|---|---|---|---|---|---|
| MRSH | MARSH & MCLENNAN COS | 16.84 | 85.84B | ||
| AJG | ARTHUR J GALLAGHER & CO | 16.09 | 55.078B | ||
| BRO | BROWN & BROWN INC | 15.31 | 23.238B | ||
| RYAN | RYAN SPECIALTY HOLDINGS INC | 15.93 | 10.294B | ||
| HGTY | HAGERTY INC-A | 24.76 | 3.961B | ||
| ABXL | ABACUS GLOBAL MGMT INC - ABX 9 7/8 11/15/28 | 26.12 | 2.554B | ||
| BWIN | BALDWIN INSURANCE GROUP INC/ | 8.05 | 2.363B | ||
| GSHD | GOOSEHEAD INSURANCE INC -A | 22.93 | 1.688B | ||
| ABX | ABACUS GLOBAL MANAGEMENT INC | 8.75 | 840.65M | ||
| HIPO | HIPPO HOLDINGS INC | 1,414.22 | 705.212M |
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About ABL
Company Profile
Abacus Global Management, Inc. is an integrated alternative asset manager, which engages in the business of investing in force life insurance products. The company is headquartered in Orlando, Florida and currently employs 157 full-time employees. The company went IPO on 2020-07-23. The Company’s segments include Asset Management, Life Solutions and Technology Services. The Asset Management segment provides asset management services to primarily institutional investors alongside private clients investing in uncorrelated and longevity-based assets, fixed-income replacement strategies and free cash flow based investment solutions. The company also provides policy servicing activities to customers on a contract basis. The Life Solutions segment is engaged in buying, selling, and trading policies, and maintaining policies until receipt of death benefits. The Technology Services segment provides real-time mortality verification, missing participant verification, and other services specific to the life insurance market services to customers on a contract basis.
Company Info
ABACUS GLOBAL MANAGEMENT INC
2101 Park Center Drive, Suite 200
Orlando FLORIDA US
Employees: 157
Phone: 18005614148
ABACUS GLOBAL MANAGEMENT INC / ABL FAQ
What does ABL do?
Abacus Global Management, Inc. is an integrated alternative asset manager, which engages in the business of investing in force life insurance products. The company is headquartered in Orlando, Florida and currently employs 157 full-time employees. The company went IPO on 2020-07-23. The Company’s segments include Asset Management, Life Solutions and Technology Services. The Asset Management segment provides asset management services to primarily institutional investors alongside private clients investing in uncorrelated and longevity-based assets, fixed-income replacement strategies and free cash flow based investment solutions. The company also provides policy servicing activities to customers on a contract basis. The Life Solutions segment is engaged in buying, selling, and trading policies, and maintaining policies until receipt of death benefits. The Technology Services segment provides real-time mortality verification, missing participant verification, and other services specific to the life insurance market services to customers on a contract basis.
Can you provide the latest stock price for ABACUS GLOBAL MANAGEMENT INC?
The current stock price of ABL is 8.47 USD. The price decreased by -0.35% in the last trading session.
Does ABL stock pay dividends?
ABACUS GLOBAL MANAGEMENT INC (ABL) has a dividend yield of 2.36%. The yearly dividend amount is currently 0.
What is the ChartMill rating of ABACUS GLOBAL MANAGEMENT INC stock?
ABL has a ChartMill Technical rating of 9 out of 10 and a ChartMill Fundamental rating of 4 out of 10.
How is the market expecting ABL stock to perform?
9 analysts have analysed ABL and the average price target is 13.36 USD. This implies a price increase of 57.76% is expected in the next year compared to the current price of 8.47.
What is the expected growth for ABL stock?
The Revenue of ABACUS GLOBAL MANAGEMENT INC (ABL) is expected to grow by 100.07% in the next year. Check the estimates tab for more information on the EPS, Sales, EBIT and EBITDA future analyst estimates.