ABL Stock Summary and Trading Ideas (Abacus Life - Class A | NASDAQ:ABL)

Abacus Life Inc is a vertically integrated alternative asset manager specializing in investing in life insurance products throughout the lifecycle of a life insurance policy.

Abacus Life - Class A trades on the NASDAQ stock market under the symbol ABL.

As of March 5, 2025, ABL stock price climbed to $7.67 with 126,033 million shares trading.

ABL has a beta of 0.46, meaning it tends to be less sensitive to market movements. ABL has a correlation of 0.02 to the broad based SPY ETF.

ABL has a market cap of $741.26 million. This is considered a Small Cap stock.

Last quarter Abacus Life - Class A reported $28 million in Revenue and $.20 earnings per share. This fell short of revenue expectation by $-312,000 and exceeded earnings estimates by $.07.

The top ETF exchange traded funds that ABL belongs to (by Net Assets): VTI, VXF, SCHA, ISCG, ISCB.

ABL has underperformed the market in the last year with a return of -34.9%, while SPY returned +15.2%. This shows that you would have done better investing in the overall market (through SPY) over the last year than in ABL shares. However, ABL has outperformed the market in the last 3 month and 2 week periods, returning -2.9% and +0.4%, while SPY returned -3.7% and -4.6%, respectively. This indicates ABL has been having a stronger performance recently.

ABL support price is $7.30 and resistance is $7.80 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that ABL shares will trade within this expected range on the day.