Abacus Global Management (NYSE:ABX) Announces Quarterly Earnings Results

Abacus Global Management (NYSE:ABX) released its earnings results on Thursday. The company reported $0.20 EPS for the quarter, missing the consensus estimate of $0.21 by ($0.01), FiscalAI reports. The firm had revenue of $59.39 million during the quarter. Abacus Global Management had a return on equity of 19.96% and a net margin of 15.63%. Abacus Global Management updated its Q2 2026 guidance to 0.240-0.26 EPS and its FY 2026 guidance to 1.000-1.05 EPS.

Abacus Global Management Stock Down 3.7%

Shares of NYSE ABX traded down $0.35 during trading on Friday, hitting $9.04. 990,340 shares of the company traded hands, compared to its average volume of 501,576. Abacus Global Management has a 1 year low of $4.60 and a 1 year high of $10.53. The stock has a 50-day moving average of $9.09. The company has a market cap of $872.24 million, a price-to-earnings ratio of 23.17 and a beta of 0.11. The company has a debt-to-equity ratio of 0.69, a current ratio of 0.47 and a quick ratio of 0.47.

Abacus Global Management News Roundup

Here are the key news stories impacting Abacus Global Management this week:

• Positive Sentiment: ABX raised its full-year 2026 adjusted net income guidance to $100 million–$106 million and boosted full-year adjusted EPS guidance to $1.00–$1.05, both above Wall Street expectations. Abacus Global Management, Inc. Reports First Quarter 2026 Results
• Positive Sentiment: First-quarter revenue rose 35% year over year to $59.4 million, supported by strong growth in the company’s Life Solutions and longevity-focused investment businesses. Abacus Global Management raises 2026 profit outlook after reporting Q1 revenue jump
• Positive Sentiment: Operating cash flow improved sharply to $91.7 million, while adjusted net income increased 17% and adjusted EBITDA climbed 33.3% year over year, signaling stronger underlying profitability. Abacus Global Management, Inc. Reports First Quarter 2026 Results
• Neutral Sentiment: The company guided second-quarter 2026 adjusted EPS to $0.24–$0.26, roughly in line with consensus, suggesting near-term expectations are steady. Abacus Global Management, Inc. Reports First Quarter 2026 Results
• Negative Sentiment: Q1 earnings of $0.20 per share missed the $0.21 consensus estimate, and the earnings report also fell slightly short on revenue versus expectations, which likely weighed on the stock. Abacus Global Management, Inc. (ABX) Q1 Earnings and Revenues Miss Estimates

Institutional Trading of Abacus Global Management

Institutional investors have recently made changes to their positions in the stock. Russell Investments Group Ltd. purchased a new stake in Abacus Global Management during the 4th quarter worth $30,000. New York State Common Retirement Fund purchased a new stake in Abacus Global Management during the 4th quarter worth $75,000. Police & Firemen s Retirement System of New Jersey purchased a new stake in Abacus Global Management during the 4th quarter worth $83,000. Summit Wealth & Retirement Planning Inc. purchased a new stake in Abacus Global Management during the 4th quarter worth $86,000. Finally, Intech Investment Management LLC purchased a new stake in Abacus Global Management during the 4th quarter worth $96,000.

Analysts Set New Price Targets

ABX has been the subject of several recent analyst reports. Wall Street Zen cut shares of Abacus Global Management from a “buy” rating to a “hold” rating in a research note on Saturday, May 2nd. Zacks Research cut shares of Abacus Global Management from a “strong-buy” rating to a “hold” rating in a research note on Wednesday, January 28th. Weiss Ratings initiated coverage on shares of Abacus Global Management in a research note on Thursday, January 29th. They issued a “hold (c-)” rating for the company. Finally, Piper Sandler reaffirmed a “neutral” rating and issued a $10.00 target price on shares of Abacus Global Management in a research note on Friday. Three research analysts have rated the stock with a Hold rating, According to MarketBeat.com, the company presently has a consensus rating of “Hold” and a consensus target price of $10.00.

Abacus Global Management Company Profile

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.