Abacus Global Management (NYSE:ABX) Announces Quarterly Earnings Results

Posted by Brian Himes on Nov 7th, 2026

Abacus Global Management (NYSE:ABX – Get Free Report) posted its earnings results on Thursday. The company reported $0.29 earnings per share for the quarter, topping analysts’ consensus estimates of $0.28 by $0.01, FiscalAI reports. The company had revenue of $76.88 million during the quarter. Abacus Global Management had a return on equity of 21.03% and a net margin of 10.55%. During the same period in the prior year, the business posted $0.07 EPS.

Abacus Global Management Trading Up 0.2%

Shares of ABX traded up $0.02 during trading hours on Friday, hitting $8.77. 894,760 shares of the stock were exchanged, compared to its average volume of 562,569. Abacus Global Management has a fifty-two week low of $5.57 and a fifty-two week high of $12.44. The company has a debt-to-equity ratio of 0.67, a current ratio of 0.70 and a quick ratio of 0.70. The business has a 50-day moving average of $8.63 and a 200-day moving average of $9.18. The firm has a market capitalization of $857.72 million, a P/E ratio of 25.06 and a beta of 0.08.

Abacus Global Management Announces Dividend

The company also recently disclosed an annual dividend, which will be paid on Wednesday, December 16th. Stockholders of record on Tuesday, December 1st will be paid a $0.22 dividend. This represents a dividend yield of 251.0%. The ex-dividend date of this dividend is Tuesday, December 1st.

Abacus Global Management announced that its board has approved a share buyback plan on Friday, August 14th that permits the company to buy back $100 million in shares. This repurchase authorization permits the company to reacquire up to 12.2% of its stock through open market purchases. Share repurchase plans are generally an indication that the company’s management believes its shares are undervalued.

Analysts Set New Price Targets

A number of brokerages have issued reports on ABX. Weiss Ratings downgraded shares of Abacus Global Management from a “hold (c)” rating to a “hold (c-)” rating in a research note on Wednesday, October 28th. Piper Sandler lowered their price target on shares of Abacus Global Management from $12.00 to $10.00 and set a “neutral” rating for the company in a report on Monday, October 19th. Finally, B. Riley Financial reiterated a “buy” rating on shares of Abacus Global Management in a research note on Friday, August 7th. One investment analyst has rated the stock with a Strong Buy rating, one has issued a Buy rating and three have assigned a Hold rating to the company. Based on data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and an average target price of $10.00.

Get Our Latest Research Report on ABX

Abacus Global Management News Summary

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

Positive Sentiment: Abacus reported third-quarter 2026 earnings of $0.29 per share, topping the $0.28 consensus estimate. The company also reported $76.88 million in revenue. Abacus Global Management Q3 2026 results
Positive Sentiment: The company raised its annual dividend 10% to $0.22 per share, signaling increased cash returns to shareholders. The dividend is payable December 16 to shareholders of record December 1. Abacus Global Management increases annual dividend
Positive Sentiment: Wall Street analysts’ average price target suggests 59.3% upside from the referenced share price, and improving earnings-estimate revisions may offer additional support. Price targets are estimates and may not be achieved. Analyst price targets and estimated upside
Neutral Sentiment: A transcript of the third-quarter earnings call was published, but the supplied article details do not identify additional specific developments. Q3 2026 earnings call transcript

Insider Transactions at Abacus Global Management

In other Abacus Global Management news, major shareholder Kevin Kirby sold 36,400 shares of Abacus Global Management stock in a transaction that occurred on Monday, September 21st. The stock was sold at an average price of $8.13, for a total value of $295,932.00. Following the completion of the sale, the insider directly owned 12,549,905 shares in the company, valued at approximately $102,030,727.65. The trade was a 0.29% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, major shareholder Matthew Ganovsky sold 36,000 shares of the business’s stock in a transaction that occurred on Monday, September 21st. The shares were sold at an average price of $8.13, for a total value of $292,680.00. Following the completion of the transaction, the insider directly owned 8,695,260 shares in the company, valued at approximately $70,692,463.80. This trade represents a 0.41% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. In the last 90 days, insiders sold 633,011 shares of company stock worth $5,406,352. Corporate insiders own 46.40% of the company’s stock.

Hedge Funds Weigh In On Abacus Global Management

A number of institutional investors and hedge funds have recently modified their holdings of ABX. Allspring Global Investments Holdings LLC boosted its position in shares of Abacus Global Management by 3.1% during the 3rd quarter. Allspring Global Investments Holdings LLC now owns 1,141,322 shares of the company’s stock worth $9,005,000 after purchasing an additional 34,616 shares in the last quarter. State of Alaska Department of Revenue acquired a new position in Abacus Global Management during the 3rd quarter worth approximately $31,000. Engineers Gate Manager LP raised its stake in Abacus Global Management by 86.0% during the 2nd quarter. Engineers Gate Manager LP now owns 56,557 shares of the company’s stock worth $606,000 after buying an additional 26,157 shares during the period. Squarepoint Ops LLC boosted its holdings in Abacus Global Management by 20.8% in the second quarter. Squarepoint Ops LLC now owns 55,551 shares of the company’s stock worth $595,000 after acquiring an additional 9,580 shares in the last quarter. Finally, Grandeur Peak Global Advisors LLC boosted its holdings in Abacus Global Management by 31.6% in the second quarter. Grandeur Peak Global Advisors LLC now owns 205,787 shares of the company’s stock worth $2,204,000 after acquiring an additional 49,447 shares in the last quarter.

About Abacus Global Management

(Get Free Report)

Abacus Global Management, Inc is an alternative asset management company focused on longevity-linked assets and insurance-related financial products. Through its operating businesses, the company originates, acquires and manages life insurance policies, including life settlements, in which policyholders receive an upfront payment in exchange for transferring policy ownership and future benefits.

The company provides services across the life-settlement and insurance-asset lifecycle, including policy sourcing, underwriting, portfolio management, servicing and institutional asset management.