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

Abacus Global Management (NYSE:ABX) issued an update on its third quarter 2026 earnings guidance on Thursday. The company provided EPS guidance of 0.260-0.280 for the period, compared to the consensus 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.

Abacus Global Management Stock Down 8.1%

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

Wall Street Analysts Forecast Growth

A number of research firms have weighed in on ABX. Wall Street Zen downgraded Abacus Global Management from a “buy” rating to a “hold” rating in a report on Saturday, May 2nd. Texas Capital upgraded Abacus Global Management to a “strong-buy” rating in a research report on Tuesday, June 9th. Weiss Ratings reaffirmed a “hold (c)” rating on shares of Abacus Global Management in a research note on Thursday, June 11th. Piper Sandler lowered their price target on Abacus Global Management from $13.00 to $12.00 and set a “neutral” rating on the stock in a research report on Friday. Finally, B. Riley Financial reiterated a “buy” rating on shares of Abacus Global Management in a research report on Friday. One equities research analyst has rated the stock with a Strong Buy rating, one has given a Buy rating and three have given a Hold rating to the stock. According to data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and an average price target of $12.00.

Insider Buying and Selling

In related news, major shareholder Matthew Ganovsky sold 38,333 shares of the 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 sale, the insider directly owned 8,755,260 shares in the company, valued at $90,266,730.60. This represents a 0.44% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, major shareholder Sean Mcnealy sold 38,333 shares of the firm’s stock in a transaction on Monday, August 3rd. The shares were sold at an average price of $10.31, for a total value of $395,213.23. Following the sale, the insider directly owned 12,610,606 shares of the company’s stock, valued at $130,015,347.86. This represents a 0.30% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders have sold a total of 115,000 shares of company stock worth $1,185,650 in the last three months. Insiders own 46.40% of the company’s stock.

Key Abacus Global Management News

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

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently added to or reduced their stakes in ABX. Alyeska Investment Group L.P. acquired a new stake in Abacus Global Management in the 4th quarter valued at about $17,554,000. Mendon Capital Advisors Corp acquired a new position in shares of Abacus Global Management during the fourth quarter worth approximately $17,207,000. Goldman Sachs Group Inc. bought a new stake in shares of Abacus Global Management during the fourth quarter valued at approximately $10,409,000. State of Wisconsin Investment Board bought a new stake in shares of Abacus Global Management during the fourth quarter valued at approximately $9,071,000. Finally, CSM Advisors LLC acquired a new stake in shares of Abacus Global Management in the fourth quarter valued at approximately $8,959,000.

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.