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

Key Points

• FY 2026 EPS guidance is $1.00–$1.05, with the $1.025 midpoint slightly above the $1.01 consensus estimate. Q3 2026 EPS guidance is $0.26–$0.28.
• Analyst sentiment is broadly favorable but mixed: Texas Capital upgraded ABX to “strong buy,” while Piper Sandler raised its price target to $13 and kept a neutral rating. The overall consensus is “Moderate Buy” with a $13 target.
• ABX shares fell 1.4% to $10.41, while major shareholders sold a combined roughly $1.19 million of stock over the past 90 days; insiders still own 46.4% of the company.

Abacus Global Management (NYSE:ABX - Get Free Report) updated its FY 2026 earnings guidance on Thursday morning. The company provided earnings per share (EPS) guidance of 1.000-1.050 for the period, compared to the consensus EPS estimate of 1.010. The company issued revenue guidance of -. Abacus Global Management also updated its Q3 2026 guidance to 0.260-0.280 EPS.

Analyst Ratings Changes

Several equities research analysts have recently issued reports on ABX shares. Weiss Ratings reissued a "hold (c)" rating on shares of Abacus Global Management in a research report on Thursday, June 11th. Texas Capital upgraded Abacus Global Management to a "strong-buy" rating in a research note on Tuesday, June 9th. Piper Sandler raised their price target on Abacus Global Management from $10.00 to $13.00 and gave the company a "neutral" rating in a report on Monday, July 13th. Finally, Wall Street Zen cut shares of Abacus Global Management from a "buy" rating to a "hold" rating in a research report on Saturday, May 2nd. One equities research analyst has rated the stock with a Strong Buy rating and three have issued a Hold rating to the stock. According to MarketBeat, the stock currently has a consensus rating of "Moderate Buy" and a consensus price target of $13.00.

Abacus Global Management Stock Down 1.4%

Abacus Global Management stock traded down $0.15 during mid-day trading on Thursday, hitting $10.41. 559,232 shares of the company were exchanged, compared to its average volume of 604,224. The company has a market capitalization of $998.53 million, a P/E ratio of 26.69 and a beta of 0.07. The business has a fifty day moving average of $10.15. The company has a debt-to-equity ratio of 0.79, a current ratio of 1.91 and a quick ratio of 1.91. Abacus Global Management has a 1-year low of $5.00 and a 1-year high of $12.44.

Insider Transactions at Abacus Global Management

In other news, major shareholder Matthew Ganovsky sold 38,333 shares of the business'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 sale, the insider owned 8,755,260 shares in the company, valued at $90,266,730.60. The trade was a 0.44% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available through this link. Also, major shareholder Kevin Scott Kirby sold 38,334 shares of the company's stock in a transaction on Monday, August 3rd. The shares were sold at an average price of $10.31, for a total transaction of $395,223.54. Following the sale, 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 disclosure for this sale is available in the SEC filing. Insiders sold a total of 115,000 shares of company stock worth $1,185,650 over the last 90 days. 46.40% of the stock is owned by insiders.

Key Abacus Global Management News

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

Hedge Funds Weigh In On Abacus Global Management

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

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.

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