Northland Securities Predicts ABX FY2026 Earnings

Key Points

• Northland Securities raised its FY2026 EPS forecast for Abacus Global Management to $1.06 from $1.04, matching the current analyst consensus. It also forecasts Q2 2027 EPS of $0.29.
• Abacus reported quarterly EPS of $0.29, beating the $0.28 consensus, on revenue of $76.88 million; EPS was $0.07 in the year-ago quarter.
• Analyst sentiment is broadly positive: MarketBeat reports a “Moderate Buy” consensus rating and an average price target of $10, though Piper Sandler recently cut its target from $12 and rated the stock Neutral.

Abacus Global Management, Inc. (NYSE:ABX - Free Report) - Research analysts at Northland Securities increased their FY2026 earnings per share (EPS) estimates for Abacus Global Management in a report released on Thursday, November 5th. Northland Securities analyst M. Grondahl now forecasts that the company will post earnings per share of $1.06 for the year, up from their prior estimate of $1.04. The consensus estimate for Abacus Global Management's current full-year earnings is $1.06 per share. Northland Securities also issued estimates for Abacus Global Management's Q2 2027 earnings at $0.29 EPS.

Abacus Global Management (NYSE:ABX - Get Free Report) last posted its earnings results on Thursday, November 5th. The company reported $0.29 EPS for the quarter, topping the consensus estimate of $0.28 by $0.01. Abacus Global Management had a return on equity of 23.50% and a net margin of 12.67%. The business had revenue of $76.88 million during the quarter. During the same quarter in the previous year, the firm earned $0.07 earnings per share.

Several other brokerages have also commented on ABX. B. Riley Financial reissued a "buy" rating on shares of Abacus Global Management in a report on Friday, August 7th. Weiss Ratings downgraded shares of Abacus Global Management from a "hold (c)" rating to a "hold (c-)" rating in a research note on Wednesday, October 28th. Finally, Piper Sandler lowered their target price on shares of Abacus Global Management from $12.00 to $10.00 and set a "neutral" rating on the stock in a research note on Monday, October 19th. One research analyst has rated the stock with a Strong Buy rating, one has issued a Buy rating and three have given a Hold rating to the stock. Based on data from MarketBeat, the company presently has an average rating of "Moderate Buy" and an average target price of $10.00.

Abacus Global Management Stock Performance

NYSE:ABX opened at $8.77 on Monday. The business's 50-day moving average price is $8.63 and its two-hundred day moving average price is $9.18. Abacus Global Management has a twelve month low of $5.57 and a twelve month high of $12.44. The stock has a market cap of $857.72 million, a P/E ratio of 25.06 and a beta of 0.08. The company has a quick ratio of 0.70, a current ratio of 0.70 and a debt-to-equity ratio of 0.67.

Institutional Inflows and Outflows

Large investors have recently made changes to their positions in the business. Ashford Capital Management Inc. purchased a new stake in shares of Abacus Global Management in the 1st quarter valued at $6,815,000. Capital Investment Advisory Services LLC bought a new position in shares of Abacus Global Management during the 2nd quarter valued at $697,000. Sei Investments Co. raised its position in Abacus Global Management by 39.6% in the 1st quarter. Sei Investments Co. now owns 204,620 shares of the company's stock worth $1,612,000 after purchasing an additional 57,993 shares during the period. Allspring Global Investments Holdings LLC raised its position in Abacus Global Management by 3.1% in the 3rd quarter. Allspring Global Investments Holdings LLC now owns 1,141,322 shares of the company's stock worth $9,005,000 after purchasing an additional 34,616 shares during the period. Finally, State of Alaska Department of Revenue bought a new stake in Abacus Global Management in the third quarter worth $31,000.

Insider Buying and Selling at Abacus Global Management

In other Abacus Global Management news, major shareholder Sean Mcnealy sold 22,700 shares of Abacus Global Management stock in a transaction dated Wednesday, September 23rd. The stock was sold at an average price of $7.74, for a total transaction of $175,698.00. Following the completion of the sale, the insider owned 12,506,952 shares of the company's stock, valued at $96,803,808.48. The trade was a 0.18% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, major shareholder Matthew Ganovsky sold 22,800 shares of the company's stock in a transaction dated Wednesday, September 23rd. The stock was sold at an average price of $7.74, for a total value of $176,472.00. Following the completion of the transaction, the insider owned 8,651,148 shares of the company's stock, valued at $66,959,885.52. The trade was a 0.26% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders have sold 633,011 shares of company stock worth $5,406,352 over the last 90 days. Corporate insiders own 46.40% of the company's stock.

Abacus Global Management announced that its board has authorized a stock repurchase program on Friday, August 14th that allows the company to repurchase $100 million in shares. This repurchase authorization allows the company to repurchase up to 12.2% of its shares through open market purchases. Share repurchase programs are typically an indication that the company's leadership believes its stock is undervalued.

Abacus Global Management Dividend Announcement

The company also recently declared an annual dividend, which will be paid on Wednesday, December 16th. Shareholders of record on Tuesday, December 1st will be given a dividend of $0.22 per share. The ex-dividend date is Tuesday, December 1st. This represents a yield of 251.0%.

Key Headlines Impacting Abacus Global Management

Here are the key news stories impacting Abacus Global Management this week:

• Positive Sentiment: Abacus reported third-quarter 2026 earnings of $0.29 per share, topping the $0.28 consensus estimate. The company also reported $76.88 million in revenue. Abacus Global Management Q3 2026 results
• Positive Sentiment: The company raised its annual dividend 10% to $0.22 per share, signaling increased cash returns to shareholders. The dividend is payable December 16 to shareholders of record December 1. Abacus Global Management increases annual dividend
• Positive Sentiment: Wall Street analysts’ average price target suggests 59.3% upside from the referenced share price, and improving earnings-estimate revisions may offer additional support. Price targets are estimates and may not be achieved. Analyst price targets and estimated upside
• Neutral Sentiment: A transcript of the third-quarter earnings call was published, but the supplied article details do not identify additional specific developments. Q3 2026 earnings call transcript

Abacus Global Management Company Profile

Abacus Global Management, Inc is an alternative asset management company focused on longevity-linked assets and insurance-related financial products. Through its operating businesses, the company originates, acquires and manages life insurance policies, including life settlements, in which policyholders receive an upfront payment in exchange for transferring policy ownership and future benefits.

The company provides services across the life-settlement and insurance-asset lifecycle, including policy sourcing, underwriting, portfolio management, servicing and institutional asset management.

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