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Abacus LifeNASDAQ: ABL

Profile

Country:

United States

IPO:

14 September 2020

Next earnings report:

14 August 2024

Last dividends:

N/A

Next dividends:

N/A
$563.06 M
-31%vs. 3y high
57%vs. sector
-vs. 3y high
-vs. sector
-31%vs. 3y high
86%vs. sector
-51%vs. 3y high
92%vs. sector

Price

regular market | Fri, 05 Jul 2024 13:30:00 GMT
$8.80-$0.14(-1.57%)

Dividend

No data over the past 3 years
$21.49 M$21.89 M
$21.49 M-$1.35 M

Analysts recommendations

Institutional Ownership

ABL Latest News

Abacus Life Announces Closing of Public Offering of 11,500,000 Shares of Common Stock
globenewswire.com24 June 2024 Sentiment: -

ORLANDO, Fla., June 24, 2024 (GLOBE NEWSWIRE) -- Abacus Life, Inc. (“Abacus” or the “Company”) (NASDAQ: ABL), a pioneering alternative asset manager specializing in longevity and actuarial technology, today announced the closing of its oversubscribed underwritten public offering of 11,500,000 shares of its common stock, including the exercise in full by the underwriters of their option to purchase an additional 1,500,000 shares of common stock, at the public offering price of $8.00 per share. The gross proceeds raised in the offering, before underwriting discounts and commissions and estimated expenses of the offering, were approximately $92 million.

Abacus Life Announces Pricing of Public Offering of Common Stock
globenewswire.com20 June 2024 Sentiment: -

ORLANDO, Fla., June 20, 2024 (GLOBE NEWSWIRE) -- Abacus Life, Inc. (“Abacus” or the “Company”) (NASDAQ: ABL), a pioneering alternative asset manager specializing in longevity and actuarial technology, today announced the pricing of its oversubscribed underwritten public offering of 10,000,000 shares of its common stock at a price to the public of $8.00 per share. In connection with the offering, the Company also granted the underwriters a 30-day option to purchase up to an additional 1,500,000 shares of common stock at the public offering price. The gross proceeds from the offering, before deducting underwriting discounts and commissions and offering expenses, are expected to be approximately $80 million, excluding any exercise of the underwriters' option to purchase additional shares. All of the shares in the public offering are to be sold by Abacus.

Abacus Life Announces Proposed Public Offering of Common Stock
globenewswire.com13 June 2024 Sentiment: -

ORLANDO, Fla., June 13, 2024 (GLOBE NEWSWIRE) -- Abacus Life, Inc. (“Abacus” or the “Company”) (NASDAQ: ABL), a pioneering alternative asset manager specializing in longevity and actuarial technology, today announced that it has commenced an underwritten public offering of 10,000,000 shares of its common stock. In connection with the offering, Abacus intends to grant the underwriters a 30-day option to purchase up to an additional 1,500,000 shares of common stock at the public offering price. All of the shares in the public offering are to be sold by Abacus.

The Deal's 2023 Annual Ranking Shows Abacus Life (ABL) Leads Life Settlement Industry with 26% Market Share in Funds Paid to Clients
globenewswire.com06 June 2024 Sentiment: POSITIVE

ORLANDO, Fla., June 06, 2024 (GLOBE NEWSWIRE) --  Abacus Life, Inc. (NASDAQ: ABL) (“Abacus” or the “Company”), a pioneering alternative asset manager specializing in longevity and actuarial technology, announced today that it led the life settlement industry in funds paid to clients in 2023 with a 26% market share according to The Deal, once again bringing premier value to its clients.

Wallbox Announces Six Month Milestones in The Acquisition of ABL, A German Leader in EV Charging
businesswire.com22 May 2024 Sentiment: POSITIVE

BARCELONA, Spain--(BUSINESS WIRE)--Wallbox, a global leader in electric vehicle (EV) charging and energy management solutions, announced a number of key strategic milestones since their acquisition of ABL, an industry pioneer and German leader in EV charging. The integration of ABL into the Wallbox Group has already yielded encouraging results that will strengthen both companies' ability to support the EV transition. "We are immensely proud of what we have achieved in the first six months follo.

Abacus Life, Inc. (ABL) Q1 2024 Earnings Call Transcript
Seeking Alpha13 May 2024 Sentiment: POSITIVE

Abacus Life, Inc. (NASDAQ:ABL) Q1 2024 Earnings Conference Call on May 13, 2024 at 9:00 AM ET with company representatives Garrett Edson, Jay Jackson, and Bill McCauley. Conference call participants include Wilma Burdis, Andrew Kligerman, and Matthew Howlett from Raymond James, TD Cowen, and B. Riley Securities, respectively. Welcome to the Abacus Life First Quarter 2024 Earnings Call.

Abacus Life, Inc. (ABL) Q4 2023 Earnings Call Transcript
Seeking Alpha21 March 2024 Sentiment: POSITIVE

Abacus Life, Inc. (ABL) Q4 2023 Earnings Call Transcript

New Exchange Preferred Stock And Traded Debt IPOs, November 2023
Seeking Alpha04 December 2023 Sentiment: NEUTRAL

New Exchange Preferred Stock And Traded Debt IPOs, November 2023

Top 5 Financial Stocks You'll Regret Missing This Quarter - Beneficient (NASDAQ:BENF), Abacus Life (NASDAQ:ABL)
Benzinga03 August 2023 Sentiment: POSITIVE

The most oversold stocks in the financial sector presents an opportunity to buy into undervalued companies.

What type of business is Abacus Life?

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.

What sector is Abacus Life in?

Abacus Life is in the Financial Services sector

What industry is Abacus Life in?

Abacus Life is in the Insurance - Life industry

What country is Abacus Life from?

Abacus Life is headquartered in United States

When did Abacus Life go public?

Abacus Life initial public offering (IPO) was on 14 September 2020

What is Abacus Life website?

https://abacuslife.com

Is Abacus Life in the S&P 500?

No, Abacus Life is not included in the S&P 500 index

Is Abacus Life in the NASDAQ 100?

No, Abacus Life is not included in the NASDAQ 100 index

Is Abacus Life in the Dow Jones?

No, Abacus Life is not included in the Dow Jones index

When does Abacus Life report earnings?

The next expected earnings date for Abacus Life is 14 August 2024