Q3 Earnings Forecast for ABX Issued By Northland Securities

Abacus Global Management, Inc. (NYSE:ABX) – Stock analysts at Northland Securities raised their Q3 2026 earnings per share estimates for shares of Abacus Global Management in a research note issued to investors on Thursday, May 7th. Northland Securities analyst M. Grondahl now forecasts that the company will post earnings of $0.27 per share for the quarter, up from their prior forecast of $0.26. The consensus estimate for Abacus Global Management’s current full-year earnings is $1.00 per share. Northland Securities also issued estimates for Abacus Global Management’s Q4 2026 earnings at $0.31 EPS and FY2026 earnings at $1.03 EPS.

A number of other brokerages also recently issued reports on ABX. Zacks Research downgraded shares of Abacus Global Management from a “strong-buy” rating to a “hold” rating in a research report on Wednesday, January 28th. Piper Sandler raised their target price on shares of Abacus Global Management from $9.50 to $10.00 and gave the stock a “neutral” rating in a research report on Friday. Weiss Ratings initiated coverage on shares of Abacus Global Management in a research report on Thursday, January 29th. They set a “hold (c-)” rating on the stock. Finally, 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. Three equities research analysts have rated the stock with a Hold rating, According to MarketBeat, the company currently has an average rating of “Hold” and an average target price of $10.00.

Abacus Global Management Stock Up 1.8%

Shares of Abacus Global Management stock opened at $9.24 on Tuesday. The company’s 50 day simple moving average is $9.10. Abacus Global Management has a 52 week low of $4.60 and a 52 week high of $10.53. The company has a market capitalization of $892.32 million, a P/E ratio of 23.70 and a beta of 0.11. The company has a debt-to-equity ratio of 0.69, a quick ratio of 0.47 and a current ratio of 0.47.

Abacus Global Management (NYSE:ABX) last released its quarterly earnings data on Thursday, March 12th. The company reported $0.23 earnings per share for the quarter, topping the consensus estimate of $0.20 by $0.03. The business had revenue of $71.90 million during the quarter. Abacus Global Management had a return on equity of 19.96% and a net margin of 15.63%.

Hedge Funds Weigh In On Abacus Global Management

A number of institutional investors have recently added to or reduced their stakes in ABX. Russell Investments Group Ltd. bought a new stake in shares of Abacus Global Management during the 4th quarter valued at $30,000. New York State Common Retirement Fund bought a new position in shares of Abacus Global Management in the 4th quarter worth about $75,000. Police & Firemen s Retirement System of New Jersey purchased a new position in Abacus Global Management during the 4th quarter valued at about $83,000. Summit Wealth & Retirement Planning Inc. bought a new stake in Abacus Global Management during the fourth quarter worth about $86,000. Finally, Intech Investment Management LLC bought a new stake in Abacus Global Management during the fourth quarter worth about $96,000.

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.