Abacus Global Management (NYSE:ABX) Issues Q3 2026 Earnings Guidance

Key Points

• Abacus Global Management issued Q3 2026 EPS guidance of $0.26-$0.28, in line with the $0.27 consensus estimate, and set full-year 2026 EPS guidance at $1.00-$1.05, slightly above consensus at the midpoint.
• Analyst sentiment is mixed but generally favorable: Texas Capital upgraded the stock to “strong buy,” Piper Sandler raised its price target to $13 while retaining a neutral rating, and the consensus view is “Moderate Buy” with a $13 target.
• ABX shares traded at $10.41, while major shareholders sold roughly $1.19 million of stock in the past three months; the transactions reduced their individual holdings only modestly.

Abacus Global Management (NYSE:ABX - Get Free Report) updated its third quarter 2026 earnings guidance on Thursday morning. The company provided EPS guidance of 0.260-0.280 for the period, compared to the consensus earnings per share estimate of 0.270. The company issued revenue guidance of -. Abacus Global Management also updated its FY 2026 guidance to 1.000-1.050 EPS.

Analysts Set New Price Targets

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

Abacus Global Management Stock Performance

Shares of NYSE:ABX traded down $0.15 on Thursday, hitting $10.41. The stock had a trading volume of 559,232 shares, compared to its average volume of 604,224. The company has a 50 day moving average of $10.15. The company has a quick ratio of 1.91, a current ratio of 1.91 and a debt-to-equity ratio of 0.79. Abacus Global Management has a twelve month low of $5.00 and a twelve month high of $12.44. The company has a market cap of $998.53 million, a P/E ratio of 26.69 and a beta of 0.07.

Insider Transactions at Abacus Global Management

In other news, major shareholder Kevin Scott Kirby sold 38,334 shares of the stock in a transaction on Monday, August 3rd. The stock was sold at an average price of $10.31, for a total transaction of $395,223.54. Following the sale, the insider owned 12,610,305 shares in the company, valued at approximately $130,012,244.55. This represents a 0.30% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, major shareholder Matthew Ganovsky sold 38,333 shares of Abacus Global Management stock in a transaction dated Monday, August 3rd. The shares were sold at an average price of $10.31, for a total value of $395,213.23. Following the completion of the transaction, the insider directly owned 8,755,260 shares of the company's stock, valued at $90,266,730.60. This represents a 0.44% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders have sold 115,000 shares of company stock valued at $1,185,650 in the last three months. 46.40% of the stock is owned by corporate insiders.

Abacus Global Management News Roundup

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

Several hedge funds have recently added to or reduced their stakes in ABX. Russell Investments Group Ltd. acquired a new stake in shares of Abacus Global Management during the 4th quarter worth approximately $30,000. New York State Common Retirement Fund bought a new stake in shares of Abacus Global Management in 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 4th quarter worth approximately $83,000. Intech Investment Management LLC acquired a new position in shares of Abacus Global Management during the 4th quarter worth about $96,000. Finally, Axxcess Wealth Management LLC bought a new position in shares of Abacus Global Management during the 4th quarter worth approximately $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.

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