B. Riley Predicts Abacus Life's Q2 Earnings (NASDAQ:ABL)

Abacus Life, Inc. (NASDAQ:ABL - Free Report) - Equities researchers at B. Riley cut their Q2 2025 earnings per share (EPS) estimates for shares of Abacus Life in a report issued on Tuesday, July 15th. B. Riley analyst R. Binner now anticipates that the company will post earnings of $0.17 per share for the quarter, down from their previous forecast of $0.18. 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 Q3 2025 earnings at $0.20 EPS.

Abacus Life (NASDAQ:ABL - Get Free Report) last announced its quarterly earnings results on Thursday, May 8th. The company reported $0.18 EPS for the quarter, beating the consensus estimate of $0.16 by $0.02. The business had revenue of $44.14 million for the quarter, compared to analyst estimates of $39.51 million. Abacus Life had a positive return on equity of 16.76% and a negative net margin of 13.35%.

A number of other equities research analysts also recently commented on ABL. Maxim Group began coverage on Abacus Life in a report on Tuesday, April 29th. They issued a "buy" rating and a $14.00 price objective for the company. Piper Sandler dropped their price objective on Abacus Life from $12.00 to $10.00 and set an "overweight" rating for the company in a report on Wednesday, July 2nd. Six investment analysts have rated the stock with a buy rating and one has assigned a strong buy rating to the company. According to MarketBeat, the company has a consensus rating of "Buy" and an average price target of $13.75.

Abacus Life Trading Down 1.0%

Shares of ABL stock traded down $0.05 on Thursday, reaching $5.06. 606,356 shares of the stock were exchanged, compared to its average volume of 393,453. The stock has a market cap of $490.06 million and a PE ratio of -22.00. Abacus Life has a one year low of $4.60 and a one year high of $11.86. The company has a debt-to-equity ratio of 0.55, a current ratio of 0.47 and a quick ratio of 0.47. The stock has a 50 day moving average price of $6.44 and a 200 day moving average price of $7.25.

Institutional Trading of Abacus Life

Hedge funds have recently made changes to their positions in the business. State of Wyoming acquired a new stake in Abacus Life during the 1st quarter worth approximately $105,000. Squarepoint Ops LLC acquired a new stake in Abacus Life during the 4th quarter worth approximately $113,000. JPMorgan Chase & Co. lifted its holdings in Abacus Life by 640.9% during the 4th quarter. JPMorgan Chase & Co. now owns 16,670 shares of the company's stock worth $131,000 after purchasing an additional 14,420 shares during the last quarter. LPL Financial LLC lifted its holdings in Abacus Life by 31.0% during the 4th quarter. LPL Financial LLC now owns 23,288 shares of the company's stock worth $182,000 after purchasing an additional 5,507 shares during the last quarter. Finally, XTX Topco Ltd acquired a new stake in Abacus Life during the 4th quarter worth approximately $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.