F&G Annuities & Life (FG) Stock Price, News & Analysis

Company Overview

F&G Annuities & Life, Inc. provides fixed annuities and life insurance products in the United States. The company portfolio includes fixed indexed annuities, multi-year guarantee annuities, and pension risk transfer solution, as well as indexed universal life insurance, institutional funding agreements, and index-linked annuities. It serves retail annuity and life customers, as well as institutional clients. The company was founded in 1959 and is headquartered in Des Moines, Iowa. F&G Annuities & Life, Inc. operates as a subsidiary of Fidelity National Financial, Inc.

Key Stats

• Today's Range: $41.22 to $42.11
• 50-Day Range: $39.58 to $45.69
• 52-Week Range: $29.17 to $48.71
• Volume: 42,582 shs
• Average Volume: 89,459 shs
• Market Capitalization: $5.20 billion
• P/E Ratio: 16.70
• Dividend Yield: 2.04%
• Price Target: $45.67
• Consensus Rating: Hold

F&G Annuities & Life Stock Analysis - MarketRank™

F&G Annuities & Life scored higher than 63% of companies evaluated by MarketBeat, and ranked 543rd out of 920 stocks in the finance sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

Analyst's Opinion

• Score: 2.0 / 5
• Analyst Rating: Hold

Consensus Rating

F&G Annuities & Life has received a consensus rating of Hold. The company's average rating score is 2.00, and is based on no buy ratings, 3 hold ratings, and no sell ratings.

Amount of Analyst Coverage

F&G Annuities & Life has only been the subject of 2 research reports in the past 90 days.

Earnings and Valuation

• Score: 3.1 / 5
• Proj. Earnings Growth: 22.92%

Earnings Growth

Earnings for F&G Annuities & Life are expected to grow by 22.92% in the coming year, from $4.32 to $5.31 per share.

Price to Earnings Ratio vs. the Market

The P/E ratio of F&G Annuities & Life is 16.70, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 128.12.

Price to Earnings Ratio vs. Sector

The P/E ratio of F&G Annuities & Life is 16.70, which means that it is trading at a less expensive P/E ratio than the Finance sector average P/E ratio of about 46.19.

Price to Book Value per Share Ratio

F&G Annuities & Life has a P/B Ratio of 1.67. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

Short Interest

• Score: 2.0 / 5
• Short Interest Level: Bearish

Percentage of Shares Shorted

0.33% of the float of F&G Annuities & Life has been sold short.

Short Interest Ratio / Days to Cover

F&G Annuities & Life has a short interest ratio ("days to cover") of 5.7.

Change versus previous month

Short interest in F&G Annuities & Life has recently increased by 5.16%, indicating that investor sentiment is decreasing significantly.

Dividend

• Score: 2.5 / 5
• Dividend Strength: Moderate

Dividend Yield

F&G Annuities & Life pays a meaningful dividend of 1.97%, higher than the bottom 25% of all stocks that pay dividends.

Dividend Growth

F&G Annuities & Life does not have a long track record of dividend growth.

Dividend Coverage

The dividend payout ratio of F&G Annuities & Life is 42.86%. This payout ratio is at a healthy, sustainable level, below 75%.

Dividend Sustainability

Based on earnings estimates, F&G Annuities & Life will have a dividend payout ratio of 15.82% next year. This indicates that F&G Annuities & Life will be able to sustain or increase its dividend.

Sustainability and ESG

• Score: N/A
• Environmental Score: N/A

Percentage of Shares Shorted

0.33% of the float of F&G Annuities & Life has been sold short.

Short Interest Ratio / Days to Cover

F&G Annuities & Life has a short interest ratio ("days to cover") of 5.7.

Change versus previous month

Short interest in F&G Annuities & Life has recently increased by 5.16%, indicating that investor sentiment is decreasing significantly.

News and Social Media

• Score: 1.8 / 5
• News Sentiment: 0.27

News Sentiment

F&G Annuities & Life has a news sentiment score of 0.27. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a lower news sentiment than the 0.56 average news sentiment score of Finance companies.

News Coverage This Week

MarketBeat has tracked 3 news articles for F&G Annuities & Life this week, compared to 2 articles on an average week.

Search Interest

Only 4 people have searched for FG on MarketBeat in the last 30 days. This is a decrease of -88% compared to the previous 30 days.

Company Ownership

• Score: 1.7 / 5
• Insider Trading: N/A

Insider Buying vs. Insider Selling

In the past three months, F&G Annuities & Life insiders have not sold or bought any company stock.

Percentage Held by Insiders

Only 1.80% of the stock of F&G Annuities & Life is held by insiders.

Percentage Held by Institutions

95.86% of the stock of F&G Annuities & Life is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

FG Stock Analysis - Frequently Asked Questions

How have FG shares performed this year?

F&G Annuities & Life's stock was trading at $46.00 at the beginning of the year. Since then, FG stock has decreased by 10.3% and is now trading at $41.2550.
View the best growth stocks for 2024 here.

How were F&G Annuities & Life's earnings last quarter?

F&G Annuities & Life, Inc. (NYSE:FG) released its quarterly earnings data on Monday, August, 5th. The company reported $1.10 EPS for the quarter, topping the consensus estimate of $0.98 by $0.12. The company earned $1.17 billion during the quarter, compared to analysts' expectations of $1.36 billion. F&G Annuities & Life had a net margin of 6.25% and a trailing twelve-month return on equity of 13.94%.

Who are F&G Annuities & Life's major shareholders?

F&G Annuities & Life's top institutional shareholders include SG Americas Securities LLC, Iron Horse Wealth Management LLC and Blue Trust Inc.. Insiders that own company stock include Christopher O Blunt and Douglas K Ammerman.
View institutional ownership trends.

How do I buy shares of F&G Annuities & Life?

Shares of FG stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

What other stocks do shareholders of F&G Annuities & Life own?

Based on aggregate information from My MarketBeat watchlists, some other companies that F&G Annuities & Life investors own include McKesson (MCK), Bristol-Myers Squibb (BMY), NVIDIA (NVDA), Chevron (CVX), Charles Schwab (SCHW), Broadcom (AVGO) and Comcast (CMCSA).

Company Calendar

• Last Earnings: 8/05/2024
• Ex-Dividend for 9/30 Dividend: 9/16/2024
• Dividend Payable: 9/30/2024
• Today: 10/25/2024
• Next Earnings (Confirmed): 11/06/2024
• Fiscal Year End: 12/31/2024

Industry, Sector and Symbol

• Stock Exchange: NYSE
• Sector: Finance
• Industry: Life insurance
• Sub-Industry: Insurance
• Current Symbol: NYSE:FG
• CUSIP: N/A
• CIK: 1934850
• Web: www.fglife.bm
• Phone: 515-330-3340
• Fax: N/A
• Employees: 1,165
• Year Founded: N/A

Price Target and Rating

• Average Stock Price Target: $45.67
• High Stock Price Target: $47.00
• Low Stock Price Target: $44.00
• Potential Upside/Downside: +10.3%
• Consensus Rating: Hold
• Rating Score (0-4): 2.00
• Research Coverage: 3 Analysts

Profitability

• EPS (Most Recent Fiscal Year): $1.96
• Trailing P/E Ratio: 16.77
• Forward P/E Ratio: 9.59
• P/E Growth: N/A
• Net Income: $-58,000,000.00
• Net Margins: 6.25%
• Pretax Margin: 7.71%
• Return on Equity: 13.94%
• Return on Assets: 0.63%

Debt

• Debt-to-Equity Ratio: 0.54
• Current Ratio: 0.24
• Quick Ratio: 0.24

Sales & Book Value

• Annual Sales: $4.93 billion
• Price / Sales: 1.06
• Cash Flow: $5.74 per share
• Price / Cash Flow: 7.22
• Book Value: $24.73 per share
• Price / Book: 1.67

Miscellaneous

• Outstanding Shares: 126,139,000
• Free Float: 123,829,000
• Market Cap: $5.22 billion
• Optionable: Optionable
• Beta: 1.20