F&G Annuities & Life, Inc. (NYSE:FG - Get Free Report) announced a quarterly dividend on Friday, February 21st, NASDAQ Dividends reports. Stockholders of record on Monday, March 17th will be given a dividend of 0.22 per share on Monday, March 31st. This represents a $0.88 annualized dividend and a dividend yield of 2.11%. The ex-dividend date is Monday, March 17th.
F&G Annuities & Life has a payout ratio of 14.1% indicating that its dividend is sufficiently covered by earnings. Equities analysts expect F&G Annuities & Life to earn $6.10 per share next year, which means the company should continue to be able to cover its $0.88 annual dividend with an expected future payout ratio of 14.4%.
F&G Annuities & Life Stock Up 1.0 %
Shares of F&G Annuities & Life stock opened at $41.63 on Thursday. The stock has a market capitalization of $5.25 billion, a P/E ratio of 8.58 and a beta of 1.65. The company has a quick ratio of 0.25, a current ratio of 0.25 and a debt-to-equity ratio of 0.46. The stock has a 50 day moving average price of $43.27 and a two-hundred day moving average price of $43.37. F&G Annuities & Life has a 12-month low of $34.90 and a 12-month high of $50.75.
F&G Annuities & Life (NYSE:FG - Get Free Report) last posted its quarterly earnings data on Thursday, February 20th. The company reported $1.12 EPS for the quarter, missing analysts' consensus estimates of $1.25 by ($0.13). The business had revenue of $1.56 billion during the quarter, compared to the consensus estimate of $1.34 billion. F&G Annuities & Life had a return on equity of 14.14% and a net margin of 11.12%. Equities analysts expect that F&G Annuities & Life will post 5.54 earnings per share for the current year.
Wall Street Analyst Weigh In
Several research analysts have recently issued reports on FG shares. Stephens restated an "equal weight" rating and set a $47.00 price objective on shares of F&G Annuities & Life in a report on Monday. Barclays upped their price objective on shares of F&G Annuities & Life from $46.00 to $47.00 and gave the company an "equal weight" rating in a research report on Monday, January 6th.
Check Out Our Latest Stock Analysis on FG
F&G Annuities & Life Company Profile
(
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F&G Annuities & Life, Inc engages in the provision of fixed annuity and life insurance products. It specializes in life insurance, annuities, retirement planning and wealth transfer. The company was founded in 1959 and is headquartered in Des Moines, IA.
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