Equities

Abacus Life Inc

ABL:NAQ

Abacus Life Inc

Actions
FinancialsLife Insurance
  • Price (USD)7.57
  • Today's Change-1.14 / -13.09%
  • Shares traded2.33m
  • 1 Year change+6.32%
  • Beta0.1475
Data delayed at least 15 minutes, as of Nov 22 2024 20:37 GMT.
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About the company

Abacus Life, Inc. is a vertically integrated alternative asset manager and market maker, specializing in longevity and actuarial technology. The Company’s Portfolio Servicing segment provides policy services to customers on a contract basis. Its Active Management segment buys, sells and trades policies and maintains policies until receipt of death benefits. Its Originations segment originates life insurance policy settlements between investors or buyers, and the sellers, who is often the original policy owner. The policies are purchased from owners or other providers through advisors, brokers or directly through the owner. It originates policies through three primary origination channels (Agents/Financial Advisors, Direct-to-Consumers, Life Settlement Brokers) and Third-Party Intermediaries, screens them for eligibility by verifying that the policy is in force, obtaining consents and disclosures, and submitting cases for life expectancy estimates.

  • Revenue in USD (TTM)102.41m
  • Net income in USD-11.93m
  • Incorporated2020
  • Employees102.00
  • Location
    Abacus Life Inc2101 Park Center Drive, Suite 200ORLANDO 32835United StatesUSA
  • Phone+1 (561) 826-3620
  • Websitehttps://eastresources.com/
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Mergers & acquisitions

Acquired companyDeal statusDateDate /
Deal status
ABL:NAQ since
announced
Transaction
value
Fcf Advisors LLCAnnounced07 Aug 202407 Aug 2024Announced-18.43%--
Carlisle Management Company SCAAnnounced18 Jul 202418 Jul 2024Announced-10.94%218.74m
Data delayed at least 15 minutes, as of Nov 22 2024 20:37 GMT.

Peer analysis

Key Information
CompanyRevenue (TTM)Net income (TTM)Market capEmployeesPrice/earnings (TTM)Price/book value (MRQ)Price/cash flow (TTM)Price/sales (TTM)EPS (excl. extraordinary items, TTM)EPS (incl. extraordinary items, TTM)Revenue per share (TTM)Book value per share (MRQ)Asset turnover (TTM)Inventory turnover (TTM)Receivables turnover (TTM)Revenues per employee (TTM)Return on avg assets (TTM)Return on avg assets (5 yr avg)Return on investment (TTM)Return on investment (5 yr avg)Gross margin (TTM)Gross margin
(5 yr avg)
Net profit margin (TTM)Net Profit margin
(5 yr avg)
Quick ratio (MRQ)Interest coverage (TTM)Total debt to capital (MRQ)Payout ratio
(5 yr avg)
Revenue
(YOY change %)
Revenue
(5 yr growth rate)
Net income
(YOY change %)
Net income
(5 yr growth rate)
Capital expenditure
(5 yr growth rate)
Dividend
(5 yr growth rate)
Partnerre Ltd9.12bn2.31bn133.44m1.25k0.72260.19820.05720.014623.0823.0891.2384.240.3153----7,309,965.008.062.37--------25.578.46--39.370.182718.1059.3010.29343.11------
eHealth Inc464.89m-78.96m146.69m1.90k--0.2928--0.3155-2.66-2.6616.0227.980.4584--2.23244,293.80-3.47-2.26-3.67-2.4753.0399.51-7.58-4.38---1.040.0772--11.7212.4944.30---0.0907--
Maiden Holdings Ltd79.38m-63.76m166.62m45.00--0.7976--2.10-0.6368-0.63680.7922.090.0534----1,764,000.00-4.54-1.10---------85.02-15.41---1.300.55030.0037.85-47.89-169.98------
GoHealth Inc700.20m-62.15m263.41m2.47k--1.30--0.3762-6.39-6.3972.2511.110.5112--28.32283,598.20-10.16-14.53-14.21-22.1980.6175.17-19.87-31.21---0.75640.5447--16.3126.5757.46--17.35--
Aspen Insurance Holdings Ltd3.05bn412.00m279.73m946.003.730.6767--0.09186.826.8250.4750.060.1948------2.980.4632--------15.322.34--8.600.090380.877.294.277,358.46---20.08--
SelectQuote Inc1.38bn-47.62m447.63m1.34k--1.66--0.3241-0.2804-0.28048.121.571.19--12.831,034,689.00-4.11-3.20-4.73-3.5444.8052.59-3.45-4.09--0.92060.7164--31.8031.4041.71--6.20--
TWFG Inc-100.00bn-100.00bn494.86m264.00--6.96----------4.80----------------------------0.0233--12.35--8.20------
Greenlight Capital Re, Ltd.667.40m87.84m522.49m64.005.940.7876--0.78292.522.5219.1719.050.3568----10,428,110.004.701.77--------13.164.73----0.08620.0018.6630.33242.63------
Crawford & Company1.30bn20.06m559.21m10.20k26.763.2910.160.4290.40360.403626.343.281.60--4.75127,801.702.422.023.723.0627.8926.621.511.37--2.860.599671.646.963.24267.220.68764.045.39
Abacus Life Inc102.41m-11.93m648.34m102.00--2.52--6.33-0.1759-0.17591.523.450.262--37.221,003,993.00-3.14---3.26--90.90---11.98----1.590.4113--48.50---69.96------
Hamilton Insurance Group Ltd2.14bn493.37m1.19bn550.004.150.81291.730.55684.474.4719.4522.820.2985----3,888,564.009.38----------31.43------0.0594--4.84--364.01------
American Overseas Group Ltd64.18m7.82m1.67bn15.002.130.4064--25.98166.42166.421,366.20873.610.0679------0.827-0.2705--------12.18-5.73--10.570.336--49.2027.58461.40------
Data as of Nov 22 2024. Currency figures normalised to Abacus Life Inc's reporting currency: US Dollar USD

Institutional shareholders

11.16%Per cent of shares held by top holders
HolderShares% Held
Alyeska Investment Group LPas of 30 Sep 20241.17m1.57%
Allspring Global Investments LLCas of 30 Sep 20241.14m1.52%
Goldman Sachs Asset Management LPas of 30 Sep 20241.11m1.48%
Principal Global Investors LLCas of 30 Sep 20241.01m1.35%
Balyasny Asset Management LPas of 30 Sep 2024817.66k1.10%
The Vanguard Group, Inc.as of 30 Sep 2024717.39k0.96%
AWM Investment Co., Inc.as of 30 Sep 2024624.85k0.84%
Zimmer Partners LPas of 30 Sep 2024601.45k0.81%
State of Wisconsin Investment Boardas of 30 Sep 2024600.00k0.80%
Curi RMB Capital LLCas of 30 Sep 2024550.00k0.74%
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Data from 30 Sep 2024 - 30 Sep 2024Source: FactSet Research Systems Inc.
Data Provided by LSEG
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