Streetbeat News

ABL

Abacus Life, Inc.

Industry

Insurance - 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.

Open

8.44

Mkt cap

623M

Volume

41K

High

8.51

P/E Ratio

-37.91

52-wk high

13.25

Low

8.12

Div yield

N/A

52-wk low

5.85

Insurance stocks showed mixed performance in Monday's intraday session. Gainers included Abacus Life (ABL), Kingstone Companies (KINS), Fanhua (FANH), Conifer Holdings (CNFR), Kingsway Financial Servs (KFS), and Fidelis Insurance Hldgs (FIHL). Losers included Oxbridge Re Holdings (OXBR), Oscar Health (OSCR), Marpai (MRAI), Vericity (VERY), Reliance Global Group (RELI), and SelectQuote (SLQT). Most of the companies recently released their Q2 earnings reports.

Portfolio Pulse from Benzinga Insights

August 14, 2023 | 5:41 pm

Abacus Life reported a year-over-year increase in Q2 total revenue results, leading to a rise in its share prices.

Portfolio Pulse from Benzinga Newsdesk

August 14, 2023 | 3:45 pm

Abacus Life (NASDAQ:ABL) reported Q2 earnings of $0.13 per share and $11.38 million in sales.

Portfolio Pulse from mahesh@benzinga.com

August 14, 2023 | 12:45 pm

Abacus Life reported its Q2 revenue of $18.3M, which is an increase from $14.1M year-over-year.

Portfolio Pulse from Benzinga Newsdesk

August 14, 2023 | 12:44 pm

During Friday's intraday session, insurance stocks showed significant movement. Gainers included Abacus Life (ABL), Root (ROOT), Hagerty (HGTY), Reliance Global Group (RELI), BRP Group (BRP), and MBIA (MBI). Losers included Hippo Holdings (HIPO), FG Finl Gr (FGF), HCI Group (HCI), RenaissanceRe Holdings (RNR), RLI (RLI), and Vericity (VERY). The companies' recent Q2 earnings reports may have influenced these movements.

Portfolio Pulse from Benzinga Insights

August 11, 2023 | 5:40 pm

Insurance stocks saw significant movement in Monday's intraday session. Gainers included Fidelis Insurance Hldgs (FIHL), Huize Holding (HUIZ), MBIA (MBI), Greenlight Capital Re (GLRE), Kingsway Financial Servs (KFS), and FG Finl Gr (FGF). Losers included Hippo Holdings (HIPO), Abacus Life (ABL), Reliance Global Group (RELI), FG Finl Gr (FGFPP), Kingstone Companies (KINS), and Fanhua (FANH).

Portfolio Pulse from Benzinga Insights

August 07, 2023 | 5:40 pm

During Thursday's intraday session, insurance stocks saw significant movement. United Insurance Holdings (UIHC), FG Finl Gr (FGF), Tiptree (TIPT), CNA Financial (CNA), SiriusPoint (SPNT), and eHealth (EHTH) all saw increases in their share prices. On the other hand, American Finl Gr (AFG), Hagerty (HGTY), Palomar Hldgs (PLMR), Selective Insurance Gr (SIGI), Abacus Life (ABL), and Donegal Gr (DGICB) experienced decreases.

Portfolio Pulse from Benzinga Insights

August 04, 2023 | 2:06 pm

The article lists the top 5 oversold financial stocks, which are considered undervalued and present a buying opportunity. The stocks are Beneficient (BENF), Reliance Global Group (RELI), PaySign (PAYS), Abacus Life (ABL), and Euronet Worldwide (EEFT). The companies' recent performance and RSI values are discussed.

Portfolio Pulse from Lisa Levin

August 04, 2023 | 1:02 pm

Insurance stocks showed mixed performance in Tuesday's intraday session. Gainers included eHealth (EHTH), GoHealth (GOCO), Abacus Life (ABL), Marpai (MRAI), BRP Group (BRP), and Greenlight Capital Re (GLRE). Losers included Trupanion (TRUP), Lemonade (LMND), Reliance Global Group (RELI), Kingsway Financial Servs (KFS), Huize Holding (HUIZ), and Conifer Holdings, Inc. - Senior Unsecured Notes (CNFRL).

Portfolio Pulse from Benzinga Insights

August 04, 2023 | 9:56 am

Insurance stocks showed mixed performance in Monday's intraday session. Gainers included Root (NASDAQ:ROOT), Crawford (NYSE:CRD), SelectQuote (NYSE:SLQT), Lemonade (NYSE:LMND), Kingstone Companies (NASDAQ:KINS), and Abacus Life (NASDAQ:ABL). Losers included FG Finl Gr (NASDAQ:FGF), Donegal Gr (NASDAQ:DGICB), United Insurance Holdings (NASDAQ:UIHC), Oxbridge Re Holdings (NASDAQ:OXBR), Heritage Insurance Hldgs (NYSE:HRTG), and Conifer Holdings (NASDAQ:CNFR).

Portfolio Pulse from Benzinga Insights

July 31, 2023 | 5:40 pm

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