Abacus Global Management (NYSE:ABX) Issues Q2 2026 Earnings Guidance

Abacus Global Management (NYSE:ABX) issued an update on its second quarter 2026 earnings guidance on Thursday morning. The company provided earnings per share guidance of 0.240-0.26 for the period, compared to the consensus earnings per share estimate of 0.240. The company issued revenue guidance of -. Abacus Global Management also updated its FY 2026 guidance to 1.000-1.05 EPS.

Abacus Global Management Price Performance

Shares of ABX stock traded down $0.06 during trading hours on Thursday, reaching $9.38. The company had a trading volume of 618,187 shares, compared to its average volume of 603,570. Abacus Global Management has a 1-year low of $4.60 and a 1-year high of $10.53. The company has a debt-to-equity ratio of 0.69, a quick ratio of 0.47 and a current ratio of 0.47. The firm has a market capitalization of $905.16 million, a price-to-earnings ratio of 25.34 and a beta of 0.11. The firm’s 50 day simple moving average is $9.07.

Abacus Global Management (NYSE:ABX) last released its earnings results on Thursday, May 7th. The company reported $0.20 earnings per share for the quarter. The firm had revenue of $59.39 million for the quarter. Abacus Global Management had a return on equity of 19.20% and a net margin of 15.53%.Abacus Global Management has set its Q2 2026 guidance at 0.240-0.26 EPS and its FY 2026 guidance at 1.000-1.05 EPS. As a group, sell-side analysts forecast that Abacus Global Management will post 0.98 EPS for the current fiscal year.

Analysts Set New Price Targets

Several equities research analysts have weighed in on ABX shares. Weiss Ratings initiated coverage on shares of Abacus Global Management in a report on Thursday, January 29th. They issued a “hold (c-)” rating on the stock. Wall Street Zen lowered Abacus Global Management from a “buy” rating to a “hold” rating in a report on Saturday, May 2nd. Zacks Research lowered Abacus Global Management from a “strong-buy” rating to a “hold” rating in a research report on Wednesday, January 28th. Finally, Piper Sandler decreased their price objective on Abacus Global Management from $11.00 to $9.50 and set a “neutral” rating for the company in a research report on Tuesday, April 7th. Three analysts have rated the stock with a Hold rating, According to MarketBeat.com, the company presently has an average rating of “Hold” and a consensus price target of $9.50.

Institutional Inflows and Outflows

A number of hedge funds have recently added to or reduced their stakes in the business. Russell Investments Group Ltd. acquired a new stake in Abacus Global Management in the fourth quarter valued at $30,000. New York State Common Retirement Fund bought a new stake in shares of Abacus Global Management in the 4th quarter valued at about $75,000. Police & Firemen s Retirement System of New Jersey acquired a new stake in Abacus Global Management in the 4th quarter valued at about $83,000. Intech Investment Management LLC bought a new position in Abacus Global Management during the fourth quarter worth about $96,000. Finally, Axxcess Wealth Management LLC acquired a new position in Abacus Global Management during the fourth quarter worth approximately $98,000.

About Abacus Global Management

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.