Abacus Global Management Inc Ordinary Shares - Class A ABX
About Quantitative Ratings
Morningstar Quantitative Ratings for Stocks are generated using an algorithm that compares companies that are not under analyst coverage to peer companies that do receive analyst-driven ratings. Companies with quantitative ratings are not formally covered by a Morningstar analyst, but are statistically matched to analyst-rated companies, allowing our models to calculate a quantitative moat, fair value, and uncertainty rating.
News
-
Abacus Global Management Completes Landmark $400 Million Securitization
-
Abacus Global Management to Participate in Virtual Fireside Chat Hosted by Autonomous Research
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Abacus Founders Elect to Retain Substantial Ownership, Terminate 10b5-1 Trading Plans
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Abacus Global Management Completes Landmark $400 Million Securitization
-
Abacus Global Management to Participate in the Barclays 24th Annual Global Financial Services Conference
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Abacus Global Management Publishes CIO Analysis on Discount Rate Trends and Updated Valuation Methodology
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Citing Continued Pattern of Misleading and Defamatory Statements, Abacus Moves to Amend Complaint and Seek Increased Damages Against Coventry and its Chairman, Alan Buerger
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Abacus Global Management, Inc. Announces $100 Million Share Repurchase Program
Trading Information
- Previous Close Price
- $8.39
- Day Range
- $8.24–8.43
- 52-Week Range
- $5.00–12.44
- Bid/Ask
- $7.90 / $8.36
- Shares Outstanding
- 97.79M
- Market Cap
- $810.70M
- Volume/Avg
- 464,700 / 606,195
Key Statistics
- Price/Earnings (Normalized)
- 14.40
- Price/Sales
- 3.15
- Dividend Yield (Trailing)
- 2.38%
- Dividend Yield (Forward)
- 2.38%
- Dividend Payment Schedule
- Dec
- Total Yield
- 6.42%
Company Profile
Abacus Global Management Inc is a financial services company specializing in alternative asset management, data-driven wealth solutions, technology innovations, and institutional services. The company operates through four distinct yet complementary divisions: Abacus Life Solutions, Abacus Asset Group, Abacus Intel, and Abacus Wealth Advisors. It operates through three reportable segments, Asset management, Life solutions, and Technology services. It derives the majority revenue from Life solutions segment that generates revenues by buying, selling, and trading policies, and maintaining policies until receipt of death benefits. It also generates revenue by originating life insurance policy settlements between investors or buyers, and the sellers, who is often the original policy owner.
- Sector
- Financial Services
- Industry
- Insurance - Life
- Stock Style Box
- Small Growth
- Total Number of Employees
- 326
- Website
- https://www.abacusgm.com
Valuation
|
Metric
|
ABX
|
|---|---|
Price/Earnings (Normalized) | 14.40 |
Price/Book Value | 1.87 |
Price/Sales | 3.15 |
Price/Cash Flow | 9.77 |
Price/Earnings
ABX
Financial Strength
|
Metric
|
ABX
|
|---|---|
Quick Ratio | 0.66 |
Current Ratio | 0.70 |
Interest Coverage | 2.08 |
Quick Ratio
ABX
Profitability
|
Metric
|
ABX
|
|---|---|
Return on Assets (Normalized) | 10.31% |
Return on Equity (Normalized) | 21.23% |
Return on Invested Capital (Normalized) | 14.09% |
Return on Assets
ABX
Insurance - Life Industry Comparables
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1-Day Chart
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United States