Research Analysts Offer Predictions for ABX FY2026 Earnings

Key Points

• Northland Securities raised its FY2026 EPS forecast for Abacus Global Management to $1.04 from $1.03, matching the consensus estimate; its Q4 2026 estimate is $0.29 per share.
• Analyst sentiment remains generally positive, with the stock carrying a “Moderate Buy” consensus rating and an average price target of $12.00, though Piper Sandler lowered its target to $12 and kept a “Neutral” rating.
• Several major shareholders sold roughly 115,000 shares worth $1.19 million over the past three months, while institutional investors initiated relatively small new positions.

Abacus Global Management, Inc. (NYSE:ABX - Free Report) - Equities research analysts at Northland Securities raised their FY2026 earnings per share estimates for shares of Abacus Global Management in a research note issued on Thursday, August 6th. Northland Securities analyst M. Grondahl now forecasts that the company will post earnings per share of $1.04 for the year, up from their prior forecast of $1.03. The consensus estimate for Abacus Global Management's current full-year earnings is $1.04 per share. Northland Securities also issued estimates for Abacus Global Management's Q4 2026 earnings at $0.29 EPS.

Several other analysts have also commented on the company. Wall Street Zen lowered Abacus Global Management from a "buy" rating to a "hold" rating in a report on Saturday, May 2nd. Weiss Ratings reaffirmed a "hold (c)" rating on shares of Abacus Global Management in a research note on Thursday, June 11th. Texas Capital upgraded Abacus Global Management to a "strong-buy" rating in a research report on Tuesday, June 9th. Piper Sandler dropped their price target on shares of Abacus Global Management from $13.00 to $12.00 and set a "neutral" rating on the stock in a research note on Friday. Finally, B. Riley Financial reissued a "buy" rating on shares of Abacus Global Management in a research note on Friday. One equities research analyst has rated the stock with a Strong Buy rating, one has assigned a Buy rating and three have issued a Hold rating to the company. According to MarketBeat.com, Abacus Global Management presently has a consensus rating of "Moderate Buy" and an average target price of $12.00.

Abacus Global Management Trading Up 0.4%

NYSE ABX opened at $9.56 on Monday. The firm has a market cap of $916.90 million, a PE ratio of 34.14 and a beta of 0.07. Abacus Global Management has a twelve month low of $5.00 and a twelve month high of $12.44. The company has a quick ratio of 1.91, a current ratio of 1.91 and a debt-to-equity ratio of 0.79. The business has a 50-day simple moving average of $10.19.

Insider Activity at Abacus Global Management

In other Abacus Global Management news, major shareholder Sean Mcnealy sold 38,333 shares of the business's stock in a transaction that occurred 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 directly owned 12,610,606 shares in the company, valued at approximately $130,015,347.86. The trade was a 0.30% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, major shareholder Kevin Scott Kirby sold 38,334 shares of the stock in a transaction that occurred on Monday, August 3rd. The shares were sold at an average price of $10.31, for a total value of $395,223.54. Following the transaction, the insider directly 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 SEC filing for this sale provides additional information. In the last three months, insiders have sold 115,000 shares of company stock valued at $1,185,650. 46.40% of the stock is owned by corporate insiders.

Institutional Trading of Abacus Global Management

A number of institutional investors have recently made changes to their positions in the company. Russell Investments Group Ltd. acquired a new position in Abacus Global Management in the 4th quarter valued at $30,000. New York State Common Retirement Fund purchased a new position in Abacus Global Management in the 4th quarter valued at $75,000. Police & Firemen s Retirement System of New Jersey acquired a new stake in Abacus Global Management during the 4th quarter worth $83,000. Summit Wealth & Retirement Planning Inc. acquired a new stake in Abacus Global Management during the 4th quarter worth $86,000. Finally, Intech Investment Management LLC purchased a new stake in shares of Abacus Global Management during the fourth quarter worth $96,000.

Trending Headlines about Abacus Global Management

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

• Positive Sentiment: Abacus reported quarterly earnings of $0.28 per share, exceeding the Zacks consensus estimate of $0.25 and improving from $0.22 a year earlier. Abacus Global Management Tops Q2 Earnings and Revenue Estimates
• Positive Sentiment: Fiscal 2026 EPS guidance of $1.00-$1.05 has a midpoint of $1.025, slightly above the $1.01 analyst consensus, suggesting management remains positioned to meet or modestly exceed full-year expectations.
• Neutral Sentiment: Reports on the quarter are inconsistent: Zacks cited a $0.28 EPS beat, while another earnings report listed EPS of $0.23, $0.02 below consensus. The discrepancy may be contributing to investor uncertainty.
• Neutral Sentiment: Third-quarter EPS guidance of $0.26-$0.28 has a midpoint of $0.27, matching consensus and indicating expectations are largely unchanged.
• Negative Sentiment: Piper Sandler lowered its price target from $13 to $12 and maintained a “Neutral” rating. Although the revised target still implies substantial potential upside from the recent trading level, the reduction signals a more cautious view of Abacus’s near-term valuation. Piper Sandler Lowers Abacus Global Management Price Target
• Negative Sentiment: Major shareholders Matthew Ganovsky, Kevin Scott Kirby and Sean McNealy each sold approximately 38,333-38,334 shares at about $10.31 per share. The sales reduced their individual holdings only modestly, but multiple large-holder transactions can weigh on sentiment. Abacus Global Management Major Shareholder Sale

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.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.

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