ABL Stock Overview
Abacus Life, Inc. operates as an alternative asset manager specializing in life insurance products.
| Snowflake Score | |
|---|---|
| Valuation | 2/6 |
| Future Growth | 0/6 |
| Past Performance | 0/6 |
| Financial Health | 1/6 |
| Dividends | 0/6 |
Rewards
Risk Analysis
Abacus Life, Inc. Competitors
Price History & Performance
| Historical stock prices | |
|---|---|
| Current Share Price | US$11.98 |
| 52 Week High | US$13.25 |
| 52 Week Low | US$5.47 |
| Beta | 0.18 |
| 1 Month Change | -1.88% |
| 3 Month Change | -3.23% |
| 1 Year Change | 16.42% |
| 3 Year Change | 21.26% |
| 5 Year Change | n/a |
| Change since IPO | 23.38% |
Recent News & Updates
Recent updates
Shareholder Returns
| ABL | US Insurance | US Market | |
|---|---|---|---|
| 7D | 1.2% | 1.4% | 1.0% |
| 1Y | 16.4% | 25.1% | 21.9% |
Return vs Industry: ABL underperformed the US Insurance industry which returned 27.9% over the past year.
Return vs Market: ABL underperformed the US Market which returned 24.9% over the past year.
Price Volatility
| ABL volatility | |
|---|---|
| ABL Average Weekly Movement | 5.5% |
| Insurance Industry Average Movement | 4.0% |
| Market Average Movement | 6.0% |
| 10% most volatile stocks in US Market | 16.8% |
| 10% least volatile stocks in US Market | 3.0% |
Stable Share Price: ABL has not had significant price volatility in the past 3 months.
Volatility Over Time: ABL's weekly volatility (6%) has been stable over the past year.
About the Company
| Founded | Employees | CEO | Website |
|---|---|---|---|
| 2004 | 102 | Jay Jackson | abacuslife.com |
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.
Abacus Life, Inc. Fundamentals Summary
| ABL fundamental statistics | |
|---|---|
| Market cap | US$757.64m |
| Earnings (TTM) | US$9.52m |
| Revenue (TTM) | US$66.40m |
79.6x
P/E Ratio11.4x
P/S RatioIs ABL overvalued?
See Fair Value and valuation analysisEarnings & Revenue
| ABL income statement (TTM) | |
|---|---|
| Revenue | US$66.40m |
| Cost of Revenue | US$6.49m |
| Gross Profit | US$59.91m |
| Other Expenses | US$50.39m |
| Earnings | US$9.52m |
Last Reported Earnings
Dec 31, 2023
Next Earnings Date
May 13, 2024
| Earnings per share (EPS) | 0.15 |
| Gross Margin | 90.23% |
| Net Profit Margin | 14.33% |
| Debt/Equity Ratio | 85.2% |
How did ABL perform over the long term?
See historical performance and comparison