Northland Securities Analyst Remains Bullish On Abacus Life, Inc. (ABL)

Core Insights - Abacus Global Management, Inc. (NASDAQ: ABL) is recognized as one of the best life insurance stocks to invest in currently [1] - Northland Securities analyst Michael Grondahl maintains a bullish outlook on Abacus Life, Inc., reaffirming a buy rating with a price target of $13.50 [2] - The company announced its first-ever annual cash dividend of $0.20 per share, set to be paid on December 17, 2025, to shareholders of record as of December 2, 2025 [3] Financial Performance - For Q3, Abacus Global Management reported non-GAAP earnings per share of $0.24, exceeding projections by $0.06, with revenue of $63 million surpassing expectations by $15.58 million, reflecting a year-on-year revenue increase of 124.2% [5] - The company's dividend policy allows for payouts of up to 25% of adjusted net income or 55% of recurring revenue, supported by record cash creation, higher fee-based revenue, and growing margins [4] Business Focus - Abacus Global Management specializes in institutional services, life solutions, data-driven wealth solutions, and alternative asset management [6]