Abacus Global Management, Inc.

ABXNYSEUSD
8.57 USD
0.00 (0.00%)🟢PRE MARKET (AS OF 08:01 PM EDT)
🟢Market: OPEN
Open?$8.39
High?$8.64
Low?$8.28
Prev. Close?$8.57
Volume?959.1K
Avg. Volume?758.6K
VWAP?$8.46
Rel. Volume?1.26x
Bid / Ask
Bid?$8.51 × 100
Ask?$8.47 × 100
Spread?-$0.04
Midpoint?$8.49
Valuation & Ratios
Market Cap?827.4M
Shares Out?97.8M
P/E Ratio?22.89
P/B Ratio?1.98
EPS?$0.37
Dividend?2.40%
Ex-Dividend?N/A
Technical Outlook
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Fundamental Outlook
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Short Interest
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Financial Health
Current Ratio?0.47Weak
Quick Ratio?0.47Weak
Cash Ratio?0.26Low
Debt/Equity?0.94Moderate
ValuationATTRACTIVELY VALUED
Score
80/100
P/E?
22.9FAIR
P/B?
1.98CHEAP
P/S?
3.52FAIR
P/FCF?
N/A
EV/EBITDA?
11.0CHEAP
EV/Sales?
5.02FAIR
Returns & Efficiency
ROE?
8.6%FAIR
ROA?
4.0%FAIR
Cash Flow & Enterprise
FCF?$-26611908
Enterprise Value?$1.2B
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News
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.
Employees
326
Market Cap
827.4M
Industry
INVESTMENT ADVICE
Listed
2023-07-03
Address
2101 PARK CENTER DRIVE, SUITE 200
ORLANDO, FL 32835
Phone: (800) 561-4148