Abacus Global Management Stock (NASDAQ:ABL)
Previous Close
$7.76
52W Range
$4.60 - $10.31
50D Avg
$6.83
200D Avg
$6.67
Market Cap
$790.82M
Avg Vol (3M)
$892.62K
Beta
-0.07
Div Yield
$0.20 (2.20%)
ABL Company Profile
Abacus Global Management, Inc., a U.S.-based alternative asset manager and market maker, structures its operations across five distinct segments. The Active Management division buys, sells, trades, and maintains policies until death benefits are received. Its Originations segment facilitates life insurance policy settlements between investors and sellers, often the original policy owners. The Asset Management segment provides services for investors in alternative investment and equity portfolio funds, guided by investment agreements. Contract-based policy services are offered through the Portfolio Servicing segment. Finally, the Technology Services segment delivers specialized, contract-based life insurance market services, including real-time mortality and missing participant verification. The company distributes its products through financial advisors, agents, direct-to-consumer sales, and traditional life settlements intermediaries. Established in 2004 and headquartered in Orlando, Florida, the firm was formerly known as Abacus Life, Inc. until its name change in February 2025.