Streetbeat News

ABL

Abacus Life, Inc.

https://abacuslife.com

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

In Friday's intraday session, insurance stocks saw significant movement. Marpai, SiriusPoint, Crawford, Reinsurance Gr, Greenlight Capital Re, and James River Gr Hldgs were gainers, with Marpai leading at a 56.98% increase. Losers included eHealth, Abacus Life, Lemonade, Waterdrop, Tian Ruixiang Holdings, and GoHealth, with eHealth dropping by 4.94%. Most companies recently released their Q3 earnings, which could be influencing stock performance.

Portfolio Pulse from Benzinga Insights

November 10, 2023 | 5:40 pm

Insurance stocks showed mixed performance in Tuesday's intraday session. Gainers included Cheche Group (CCG), Skyward Specialty (SKWD), Heritage Insurance Hldgs (HRTG), Abacus Life (ABL), Marpai (MRAI), and Donegal Gr (DGICB). Losers included Tian Ruixiang Holdings (TIRX), Reliance Global Group (RELI), Hippo Holdings (HIPO), eHealth (EHTH), Hallmark Financial Servs (HALL), and Lincoln National (LNC). Q3 earnings reports were recently released for SKWD, HRTG, HIPO, and LNC.

Portfolio Pulse from Benzinga Insights

November 07, 2023 | 5:40 pm

Insurance stocks showed mixed performance in Monday's intraday session. Gainers included Waterdrop (WDH), Abacus Life (ABL), Palomar Hldgs (PLMR), Fanhua (FANH), Mercury General (MCY), and Progressive (PGR). Losers included Conifer Holdings (CNFR), Reliance Global Group (RELI), Hallmark Financial Servs (HALL), Lemonade (LMND), SelectQuote (SLQT), and Investors Title (ITIC).

Portfolio Pulse from Benzinga Insights

November 06, 2023 | 5:40 pm

Abacus Life has announced the launch of its new wealth division, ABL Wealth, which is powered by Dynasty Financial Partner. The new division aims to provide comprehensive wealth management services.

Portfolio Pulse from Benzinga Newsdesk

November 06, 2023 | 1:10 pm

Insurance stocks showed mixed performance in Monday's intraday session. Gainers included Hallmark Financial Servs (HALL), eHealth (EHTH), Universal Insurance Hldgs (UVE), Marpai (MRAI), Kingsway Financial Servs (KFS), and GoHealth (GOCO). Losers included Kingstone Companies (KINS), Abacus Life (ABL), Kinsale Cap Gr (KNSL), Waterdrop (WDH), Brighthouse Financial, Inc. - Junior Subordinated Debentures due 2058 (BHFAL), and Atlantic American (AAME).

Portfolio Pulse from Benzinga Insights

October 30, 2023 | 5:40 pm

During Friday's intraday session, insurance stocks saw significant movement. Gainers included Reliance Global Group (RELI), Kingstone Companies (KINS), Global Indemnity Group (GBLI), GoHealth (GOCO), SelectQuote (SLQT), and Abacus Life (ABL). Losers included Hallmark Financial Servs (HALL), Root (ROOT), Erie Indemnity (ERIE), Kingsway Financial Servs (KFS), Aon (AON), and United Fire Gr (UFCS).

Portfolio Pulse from Benzinga Insights

October 27, 2023 | 5:40 pm

During Wednesday's intraday session, several insurance stocks experienced significant movements. Gainers included Cheche Group (CCG), Abacus Life (ABL), American Financial Group (AFGC), Reliance Global Group (RELI), Marpai (MRAI), and Hagerty (HGTY). Losers included Trupanion (TRUP), Root (ROOT), Waterdrop (WDH), Tian Ruixiang Holdings (TIRX), First American Financial (FAF), and Kingstone Companies (KINS).

Portfolio Pulse from Benzinga Insights

October 18, 2023 | 5:40 pm

During Tuesday's intraday session, insurance stocks saw significant movement. Gainers included Hallmark Financial Servs (HALL), SelectQuote (SLQT), Abacus Life (ABL), Goosehead Insurance (GSHD), Heritage Insurance Hldgs (HRTG), and Hippo Holdings (HIPO). Losers included Maiden Holdings, Ltd. 6.625% Notes due 2046 (MHLA), Brighthouse Finl (BHFAN, BHFAO), Brighthouse Financial, Inc. - Junior Subordinated Debentures due 2058 (BHFAL), Reliance Global Group (RELI), and Brown & Brown (BRO).

Portfolio Pulse from Benzinga Insights

October 17, 2023 | 5:40 pm

During Friday's intraday session, several insurance stocks experienced significant movements. Gainers included Cheche Group (CCG), Hippo Holdings (HIPO), Tian Ruixiang Holdings (TIRX), Allstate (ALL), SelectQuote (SLQT), and Kemper (KMPR). Losers included GoHealth (GOCO), Abacus Life (ABL), Heritage Insurance Hldgs (HRTG), Marpai (MRAI), Root (ROOT), and MBIA (MBI).

Portfolio Pulse from Benzinga Insights

October 13, 2023 | 5:40 pm

During Thursday's intraday session, several insurance stocks experienced significant movement. Tian Ruixiang Holdings (TIRX), Marpai (MRAI), Conifer Holdings (CNFR), Abacus Life (ABL), American Financial Group (AFGB), and Midwest Holding (MDWT) saw gains, while Goosehead Insurance (GSHD), BRP Group (BRP), Fanhua (FANH), MBIA (MBI), Waterdrop (WDH), and Fidelis Insurance Hldgs (FIHL) experienced losses.

Portfolio Pulse from Benzinga Insights

October 12, 2023 | 5:40 pm

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