Abacus Global Management (NYSE:ABX) Issues Q3 2026 Earnings Guidance

Abacus Global Management (NYSE:ABX) updated its third quarter 2026 earnings guidance on Thursday morning. The company provided earnings per share guidance of 0.260-0.280 for the period, compared to the consensus earnings per share estimate of 0.270. The company issued revenue guidance of -. Abacus Global Management also updated its FY 2026 guidance to 1.000-1.050 EPS.

Analyst Ratings Changes

ABX has been the subject of several recent research reports. Piper Sandler increased their price target on Abacus Global Management from $10.00 to $13.00 and gave the company a “neutral” rating in a research note on Monday, July 13th. Weiss Ratings reissued a “hold (c)” rating on shares of Abacus Global Management in a report on Thursday, June 11th. 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, Texas Capital upgraded shares of Abacus Global Management to a “strong-buy” rating in a research report on Tuesday, June 9th. One equities research analyst has rated the stock with a Strong Buy rating and three have given a Hold rating to the stock. According to data from MarketBeat, the company currently has an average rating of “Moderate Buy” and an average price target of $13.00.

Abacus Global Management Stock Down 1.4%

ABX traded down $0.15 during mid-day trading on Thursday, reaching $10.41. 559,232 shares of the company traded hands, compared to its average volume of 604,224. The stock’s fifty day moving average is $10.15. Abacus Global Management has a 52-week low of $5.00 and a 52-week high of $12.44. The company has a debt-to-equity ratio of 0.79, a current ratio of 1.91 and a quick ratio of 1.91. The firm has a market cap of $998.53 million, a PE ratio of 26.69 and a beta of 0.07.

Insider Activity at Abacus Global Management

In other news, major shareholder Kevin Scott Kirby sold 38,334 shares of Abacus Global Management stock in a transaction that occurred on Monday, August 3rd. The shares were sold at an average price of $10.31, for a total value of $395,223.54. Following the transaction, the insider owned 12,610,305 shares of the company’s stock, valued at $130,012,244.55. The trade was a 0.30% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. Also, major shareholder Sean Mcnealy sold 38,333 shares of the firm’s stock in a transaction on Monday, August 3rd. The stock was sold at an average price of $10.31, for a total transaction of $395,213.23. Following the completion of the transaction, the insider directly owned 12,610,606 shares of the company’s stock, valued at approximately $130,015,347.86. This represents a 0.30% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold a total of 115,000 shares of company stock valued at $1,185,650 over the last 90 days. 46.40% of the stock is owned by corporate insiders.

Key Stories Impacting Abacus Global Management

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

• Positive Sentiment: Abacus Global Management issued fiscal 2026 EPS guidance of $1.00-$1.05, with the midpoint of $1.025 modestly above the $1.01 consensus estimate. Third-quarter EPS guidance of $0.26-$0.28 also brackets the $0.27 consensus estimate, suggesting management is maintaining its earnings outlook.
• Positive Sentiment: Analyst sentiment remains generally favorable. Piper Sandler raised its price target to $13 and maintained a neutral rating, while Texas Capital upgraded the stock to “strong buy.” The overall consensus rating is “Moderate Buy,” with a $13 target price. Abacus Global Management analyst and stock information
• Neutral Sentiment: Several institutional investors recently established or increased positions in ABX, including Ashford Capital Management, SEI Investments, the State of Wyoming and Bank of New York Mellon. These transactions indicate continued institutional interest but do not necessarily signal an immediate change in fundamentals.
• Negative Sentiment: Abacus Global Management reported quarterly EPS of $0.23, missing the $0.25 consensus estimate by $0.02. Revenue totaled $73.02 million. The company’s 20.02% return on equity and 15.63% net margin provide some support, but the earnings miss is the clearest near-term pressure on the stock.
• Negative Sentiment: Major shareholders Matthew Ganovsky, Kevin Scott Kirby and Sean McNealy each sold approximately 38,333 shares at about $10.31 per share, for combined proceeds of roughly $1.19 million. The sales reduced their individual holdings by only 0.30%-0.44%, limiting the significance, but insider selling can weigh on investor sentiment. Abacus Global Management insider trading report

Institutional Inflows and Outflows

Institutional investors have recently bought and sold shares of the stock. Russell Investments Group Ltd. acquired a new position in shares of Abacus Global Management in the 4th quarter valued at $30,000. New York State Common Retirement Fund purchased a new position in Abacus Global Management during the fourth quarter worth approximately $75,000. Police & Firemen s Retirement System of New Jersey acquired a new stake in Abacus Global Management in the fourth quarter valued at approximately $83,000. Intech Investment Management LLC purchased a new stake in shares of Abacus Global Management in the fourth quarter valued at approximately $96,000. Finally, Axxcess Wealth Management LLC purchased a new stake in shares of Abacus Global Management in the fourth quarter valued at approximately $98,000.

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.