Abacus Global Management (NYSE:ABX) Updates FY 2026 Earnings Guidance

Abacus Global Management (NYSE:ABX) updated its FY 2026 earnings guidance on Thursday. The company provided earnings per share guidance of 1.000-1.05 for the period, compared to the consensus earnings per share estimate of 0.980. The company issued revenue guidance of -. Abacus Global Management also updated its Q2 2026 guidance to 0.240-0.26 EPS.

Analysts Set New Price Targets

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

Abacus Global Management Stock Performance

NYSE:ABX traded down $0.06 during trading hours on Thursday, hitting $9.38. The stock had a trading volume of 619,487 shares, compared to its average volume of 499,620. Abacus Global Management has a one year low of $4.60 and a one 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 stock has a market cap of $905.16 million, a P/E ratio of 25.34 and a beta of 0.11. The firm has a 50 day moving average price of $9.09.

Abacus Global Management (NYSE:ABX) last issued its earnings results on Thursday, May 7th. The company reported $0.20 EPS for the quarter, missing the consensus estimate of $0.21 by ($0.01). Abacus Global Management had a net margin of 15.53% and a return on equity of 19.20%. The firm had revenue of $59.39 million during the quarter. 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. On average, sell-side analysts anticipate that Abacus Global Management will post 0.98 EPS for the current fiscal year.

Institutional Investors Weigh In On Abacus Global Management

Several large investors have recently made changes to their positions in ABX. Russell Investments Group Ltd. bought a new stake in shares of Abacus Global Management during the fourth quarter worth $30,000. New York State Common Retirement Fund bought a new stake in shares of Abacus Global Management during the fourth quarter worth $75,000. Police & Firemen s Retirement System of New Jersey bought a new stake in shares of Abacus Global Management during the fourth quarter worth $83,000. Intech Investment Management LLC bought a new stake in shares of Abacus Global Management during the fourth quarter worth $96,000. Finally, Axxcess Wealth Management LLC bought a new stake in shares of Abacus Global Management during the fourth quarter worth $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.