FY2026 EPS Estimates for ABX Lifted by Northland Securities

Abacus Global Management, Inc. (NYSE:ABX) – Stock analysts at Northland Securities lifted their FY2026 earnings per share (EPS) estimates for shares of Abacus Global Management in a research note issued on Thursday, August 6th. Northland Securities analyst M. Grondahl now expects that the company will post earnings per share of $1.04 for the year, up from their previous forecast of $1.03. The consensus estimate for Abacus Global Management’s current full-year earnings is $1.04 per share. Northland Securities also issued estimates for Abacus Global Management’s Q4 2026 earnings at $0.29 EPS.

A number of other equities research analysts have also issued reports on the company. B. Riley Financial reissued a “buy” rating on shares of Abacus Global Management in a research report on Friday. Texas Capital raised Abacus Global Management to a “strong-buy” rating in a research report on Tuesday, June 9th. Piper Sandler decreased their price target on shares of Abacus Global Management from $13.00 to $12.00 and set a “neutral” rating for the company in a research note on Friday. Wall Street Zen downgraded shares of Abacus Global Management from a “buy” rating to a “hold” rating in a report on Saturday, May 2nd. Finally, Weiss Ratings reissued a “hold (c)” rating on shares of Abacus Global Management in a research report on Thursday, June 11th. One research analyst has rated the stock with a Strong Buy rating, one has given a Buy rating and three have assigned a Hold rating to the stock. According to MarketBeat.com, the stock has an average rating of “Moderate Buy” and a consensus target price of $12.00.

Abacus Global Management Price Performance

ABX stock opened at $9.50 on Monday. The company has a quick ratio of 1.91, a current ratio of 1.91 and a debt-to-equity ratio of 0.79. The firm has a market capitalization of $911.24 million, a PE ratio of 33.93 and a beta of 0.07. The stock’s 50-day moving average price is $10.20. Abacus Global Management has a fifty-two week low of $5.00 and a fifty-two week high of $12.44.

Institutional Inflows and Outflows

Several institutional investors have recently made changes to their positions in ABX. Russell Investments Group Ltd. acquired a new stake in shares of Abacus Global Management in the 4th quarter valued at approximately $30,000. Bank of New York Mellon Corp increased its holdings in Abacus Global Management by 5.1% during the first quarter. Bank of New York Mellon Corp now owns 152,101 shares of the company’s stock worth $1,199,000 after buying an additional 7,444 shares during the last quarter. New York State Common Retirement Fund acquired a new position in Abacus Global Management during the fourth quarter worth $75,000. Police & Firemen s Retirement System of New Jersey bought a new stake in Abacus Global Management during the fourth quarter worth $83,000. Finally, Summit Wealth & Retirement Planning Inc. bought a new stake in Abacus Global Management during the fourth quarter worth $86,000.

Insider Activity

In other news, major shareholder Sean Mcnealy sold 38,333 shares of the firm’s stock in a transaction dated Monday, August 3rd. The stock was sold at an average price of $10.31, for a total value of $395,213.23. Following the completion of the transaction, the insider owned 12,610,606 shares in the company, valued at $130,015,347.86. This trade represents a 0.30% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, major shareholder Matthew Ganovsky sold 38,333 shares of Abacus Global Management stock in a transaction dated Monday, August 3rd. The shares were sold at an average price of $10.31, for a total value of $395,213.23. Following the completion of the sale, the insider directly owned 8,755,260 shares in the company, valued at approximately $90,266,730.60. This represents a 0.44% decrease in their position. The SEC filing for this sale provides additional information. Insiders sold 115,000 shares of company stock worth $1,185,650 in the last quarter. Corporate insiders own 46.40% of the company’s stock.

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.