F&G Annuities & Life, Inc. (NYSE:FG - Get Free Report) saw unusually-strong trading volume on Monday . Approximately 102,224 shares traded hands during trading, a decline of 17% from the previous session's volume of 122,448 shares.The stock last traded at $34.05 and had previously closed at $33.51.
Wall Street Analysts Forecast Growth
Several equities research analysts recently issued reports on the company. Stephens reissued an "equal weight" rating and issued a $47.00 price objective on shares of F&G Annuities & Life in a research note on Monday, February 24th. Barclays dropped their target price on F&G Annuities & Life from $47.00 to $41.00 and set an "equal weight" rating on the stock in a report on Friday, April 11th.
Check Out Our Latest Stock Analysis on FG
F&G Annuities & Life Price Performance
The firm has a market capitalization of $4.41 billion, a price-to-earnings ratio of 7.17 and a beta of 1.83. 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's 50 day moving average price is $39.02 and its two-hundred day moving average price is $42.20.
F&G Annuities & Life (NYSE:FG - Get Free Report) last announced its quarterly earnings results on Thursday, February 20th. The company reported $1.12 earnings per share (EPS) for the quarter, missing the consensus estimate of $1.25 by ($0.13). F&G Annuities & Life had a net margin of 11.12% and a return on equity of 14.14%. The firm had revenue of $1.56 billion for the quarter, compared to analyst estimates of $1.34 billion. Analysts anticipate that F&G Annuities & Life, Inc. will post 5.54 EPS for the current fiscal year.
F&G Annuities & Life Announces Dividend
The firm also recently disclosed a quarterly dividend, which was paid on Monday, March 31st. Investors of record on Monday, March 17th were paid a $0.22 dividend. This represents a $0.88 annualized dividend and a dividend yield of 2.53%. The ex-dividend date of this dividend was Monday, March 17th. F&G Annuities & Life's payout ratio is presently 18.14%.
Insider Buying and Selling at F&G Annuities & Life
In other F&G Annuities & Life news, CEO Christopher O. Blunt purchased 10,000 shares of the stock in a transaction dated Tuesday, March 25th. The shares were bought at an average cost of $35.65 per share, with a total value of $356,500.00. Following the completion of the transaction, the chief executive officer now owns 839,584 shares in the company, valued at $29,931,169.60. This trade represents a 1.21 % increase in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, EVP Michael L. Gravelle bought 7,000 shares of the firm's stock in a transaction that occurred on Thursday, March 27th. The shares were acquired at an average price of $36.00 per share, with a total value of $252,000.00. Following the purchase, the executive vice president now owns 33,540 shares in the company, valued at $1,207,440. This trade represents a 26.38 % increase in their ownership of the stock. The disclosure for this purchase can be found here. Insiders have purchased a total of 4,530,000 shares of company stock worth $152,273,820 over the last three months. Corporate insiders own 1.80% of the company's stock.
Institutional Investors Weigh In On F&G Annuities & Life
Several hedge funds have recently modified their holdings of FG. Castlekeep Investment Advisors LLC bought a new position in shares of F&G Annuities & Life during the 4th quarter worth about $72,007,000. Norges Bank acquired a new stake in F&G Annuities & Life during the fourth quarter worth about $14,321,000. Fisher Funds Management LTD bought a new position in F&G Annuities & Life during the fourth quarter valued at about $5,421,000. Kelly Financial Group LLC acquired a new position in F&G Annuities & Life in the 4th quarter valued at approximately $4,144,000. Finally, American Century Companies Inc. lifted its position in shares of F&G Annuities & Life by 31.5% in the 4th quarter. American Century Companies Inc. now owns 233,900 shares of the company's stock worth $9,693,000 after acquiring an additional 56,073 shares during the period. 95.86% of the stock is owned by institutional investors.
F&G Annuities & Life Company Profile
(
Get Free Report)
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.
Featured Articles
Before you consider F&G Annuities & Life, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and F&G Annuities & Life wasn't on the list.
While F&G Annuities & Life currently has a Hold rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
MarketBeat's analysts have just released their top five short plays for May 2025. Learn which stocks have the most short interest and how to trade them. Enter your email address to see which companies made the list.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
