B. Riley Issues Pessimistic Outlook for Abacus Life Earnings

Abacus Life, Inc. (NASDAQ:ABL) – Research analysts at B. Riley decreased their Q1 2025 earnings per share (EPS) estimates for Abacus Life in a research report issued on Friday, March 21st. B. Riley analyst R. Binner now forecasts that the company will post earnings per share of $0.15 for the quarter, down from their previous forecast of $0.16. B. Riley currently has a “Buy” rating and a $15.00 price target on the stock. The consensus estimate for Abacus Life’s current full-year earnings is $0.62 per share. B. Riley also issued estimates for Abacus Life’s Q2 2025 earnings at $0.17 EPS and Q4 2025 earnings at $0.23 EPS.

Abacus Life Trading Down 1.6 %

NASDAQ ABL opened at $7.52 on Monday. The stock has a market cap of $726.77 million, a P/E ratio of -41.78 and a beta of 0.14. Abacus Life has a fifty-two week low of $6.75 and a fifty-two week high of $12.50. The stock has a 50 day simple moving average of $7.62 and a two-hundred day simple moving average of $8.35. The company has a debt-to-equity ratio of 0.65, a quick ratio of 1.29 and a current ratio of 1.29.

Institutional Trading of Abacus Life

A number of institutional investors and hedge funds have recently added to or reduced their stakes in the business. Geneos Wealth Management Inc. purchased a new position in Abacus Life during the 4th quarter valued at $110,000. Squarepoint Ops LLC bought a new stake in shares of Abacus Life during the 4th quarter valued at about $113,000. JPMorgan Chase & Co. increased its position in shares of Abacus Life by 640.9% during the fourth quarter. JPMorgan Chase & Co. now owns 16,670 shares of the company’s stock valued at $131,000 after buying an additional 14,420 shares during the period. LPL Financial LLC raised its stake in Abacus Life by 31.0% in the fourth quarter. LPL Financial LLC now owns 23,288 shares of the company’s stock worth $182,000 after buying an additional 5,507 shares in the last quarter. Finally, XTX Topco Ltd purchased a new stake in Abacus Life in the fourth quarter worth about $193,000.

Abacus Life 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.