Abacus Life, Inc. (ABL)

Last Closing Price: 9.93 (2024-07-26)

Company Description

Abacus Life Inc. is a buyer of life insurance policies and vertically integrated alternative asset manager specializing in specialty insurance products. Abacus Life Inc., formerly known as East Resources Acquisition Company, is based in ORLANDO, Fla.

Financials, Fundamental Metrics & Ratios
Revenue (Most Recent Fiscal Year) $79.59M
Net Income (Most Recent Fiscal Year) $9.52M
PE Ratio (Current Year Earnings Estimate) 19.94
PE Ratio (Trailing 12 Months) 67.13
PEG Ratio (Long Term Growth Estimate) --
Price to Sales Ratio (Trailing 12 Months) 8.29
Price to Book Ratio (Most Recent Quarterly Book Value per Share) 3.84
Price to Cash Ratio (Most Recent Annual Cash Flow per Share) 28.78
Pre-Tax Margin (Trailing 12 Months) 4.42%
Net Margin (Trailing 12 Months) 0.11%
Return on Equity (Trailing 12 Months) 4.96%
Return on Assets (Trailing 12 Months) 2.52%
Current Ratio (Most Recent Fiscal Quarter) 3.12
Quick Ratio (Most Recent Fiscal Quarter) 3.12
Debt to Common Equity (Most Recent Fiscal Quarter) 1.03
Inventory Turnover (Trailing 12 Months) --
Book Value per Share (Most Recent Fiscal Quarter) $2.59
Earnings per Share (Most Recent Fiscal Quarter) $0.11
Earnings per Share (Most Recent Fiscal Year) $0.33
Diluted Earnings per Share (Trailing 12 Months) $0.02
Stock
Exchange NASDAQ
Sector Financial Services
Industry Insurance - Life
Common Shares Outstanding 63.92M
Free Float 33.87M
Market Capitalization $643.73M
Average Volume (Last 20 Days) 0.09M
Beta (Past 60 Months) 0.12
Percentage Held By Insiders (Latest Annual Proxy Report) 47.02%
Percentage Held By Institutions (Latest 13F Reports) 0.00%
Annual Dividend (Based on Last Quarter) $0.00
Dividend Yield (Based on Last Quarter) 0.00%