SAN FRANCISCO, July 02, 2025 (GLOBE NEWSWIRE) -- Abacus Global Management, Inc. (NASDAQ: ABL) is under mounting pressure as its stock continues to slide, driven by a series of damning reports from Morpheus Research—a newly formed investigative group led by analysts who previously worked at the renowned Hindenburg Research. Despite Abacus's public denials and the announcement of a $20 million share repurchase program, investor confidence remains shaken, with shares now down more than 36% over the past month.
SAN FRANCISCO, June 30, 2025 (GLOBE NEWSWIRE) -- Abacus Global Management, Inc. (NASDAQ: ABL) is under mounting pressure as its stock continues to slide, driven by a series of damning reports from Morpheus Research—a newly formed investigative group led by analysts who previously worked at the renowned Hindenburg Research. Despite Abacus's public denials and the announcement of a $20 million share repurchase program, investor confidence remains shaken, with shares now down more than 36% over the past month.
SAN FRANCISCO , June 25, 2025 /PRNewswire/ -- Abacus Global Management, Inc. (NASDAQ: ABL) is under mounting pressure as its stock continues to slide, driven by a series of damning reports from Morpheus Research—a newly formed investigative group led by analysts who previously worked at the renowned Hindenburg Research. Despite Abacus's public denials and the announcement of a $20 million share repurchase program, investor confidence remains shaken, with shares now down more than 36% over the past month.
12 May 2025 Date | | 0.16 Cons. EPS | 0.18 EPS |
19 Mar 2025 Date | | 0.14 Cons. EPS | 0.16 EPS |
11 Nov 2024 Date | | 0.13 Cons. EPS | - EPS |
7 Nov 2024 Date | | 0.13 Cons. EPS | 0.2 EPS |
14 Aug 2024 Date | | 0.11 Cons. EPS | - EPS |
12 May 2025 Date | | 0.16 Cons. EPS | 0.18 EPS |
19 Mar 2025 Date | | 0.14 Cons. EPS | 0.16 EPS |
11 Nov 2024 Date | | 0.13 Cons. EPS | - EPS |
7 Nov 2024 Date | | 0.13 Cons. EPS | 0.2 EPS |
14 Aug 2024 Date | | 0.11 Cons. EPS | - EPS |
Insurance - Life Industry | Financial Services Sector | Jay J. Jackson CEO | NASDAQ (CM) Exchange | 00258Y104 Cusip |
US Country | 157 Employees | - Last Dividend | - Last Split | - IPO Date |
Abacus Life, Inc. is an innovative alternative asset manager and market maker headquartered in Orlando, Florida. Founded in 2004, the company has established itself in the United States through a unique business model that operates across three distinct segments: Portfolio Servicing, Active Management, and Originations. Each segment plays a crucial role in the company's operations, providing a range of services from policy servicing to the origination of life insurance policy settlements. Abacus Life, Inc. caters to a diverse clientele, including investors, original policy owners, and financial professionals, by offering its products through multiple channels such as financial advisors, direct to consumer, and intermediaries in the traditional life settlements market.
This segment offers comprehensive policy services on a contract basis. Abacus Life, Inc. manages the administrative aspects of life insurance policies for customers, ensuring that policyholders receive the support and maintenance required to keep their policies in good standing. This service is essential for individuals and investors who hold life insurance policies as part of their financial portfolio.
In the Active Management segment, Abacus Life engages in the buying, selling, and trading of life insurance policies. The company utilizes its expertise in the life insurance market to manage these policies efficiently, aiming to maximize the value of the assets under its management. This includes maintaining policies until the receipt of death benefits, which involves strategic decisions regarding when to hold or sell a policy based on market conditions and the anticipated life expectancy of the insured.
The Originations segment focuses on the initial creation of life insurance policy settlements. These transactions typically involve the transfer of a life insurance policy from the original owner (seller) to an investor or buyer. Abacus Life, Inc. facilitates these settlements, offering both sellers and buyers a structured process that ensures transparency and fairness. This service is especially valuable for policy owners looking to liquidate their policies for immediate financial needs and investors seeking alternative assets that can provide competitive returns.