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F&G Annuities & Life, Inc.NYSE:FG Stock Report

Market Cap US$3.6b
Share Price
n/a
1Y-18.6%
7D-3.2%
1D-5.2%
Portfolio Value
View

F&G Annuities & Life, Inc.

NYSE:FG Stock Report

Market Cap: US$3.6b

F&G Annuities & Life (FG) Stock Overview

Provides annuity and life insurance products in the United States. More details

FG fundamental analysis
Snowflake Score
Valuation4/6
Future Growth2/6
Past Performance3/6
Financial Health3/6
Dividends3/6

FG Community Fair Values

Create Narrative

See what 11 others think this stock is worth. Follow their fair value or set your own to get alerts.

F&G Annuities & Life, Inc. Competitors

Price History & Performance

Summary of share price highs, lows and changes for F&G Annuities & Life
Historical stock prices
Current Share PriceUS$27.67
52 Week HighUS$35.86
52 Week LowUS$20.57
Beta1.27
1 Month Change-6.74%
3 Month Change-0.25%
1 Year Change-18.57%
3 Year Change-7.30%
5 Year Changen/a
Change since IPO65.19%

Recent News & Updates

Seeking Alpha Aug 08

F&G Annuities & Life: Weak Alternative Returns Limit Q2 Profits

Summary F&G Annuities & Life remains a 'strong buy' due to its significant discount to book value despite recent underperformance and credit concerns. FG is shifting toward fee-based revenue and increasing reinsurance to improve ROE, targeting 25% fee-based earnings by 2028. The investment portfolio is 97% investment grade, with manageable private credit risk and a conservative insurance book. Potential Peak Altitude unit sales and continued buybacks could catalyze a re-rating as credit performance remains solid. Read the full article on Seeking Alpha
Narrative Update Jun 24

FG: Leadership Changes And Index Inclusion Will Support Balanced Return Potential

Analysts have maintained their $27.00 price target for F&G Annuities & Life, citing relatively steady fair value assumptions, a slight adjustment to the discount rate, and consistent revenue growth, profit margin, and future P/E inputs in their models. What's in the News F&G Annuities & Life announced that Chief Executive Officer Chris Blunt will retire from his current role, while continuing as a Director of F&G and Chief Executive Officer of subsidiary Peak Altitude Equity, LLC.

Recent updates

Seeking Alpha Aug 08

F&G Annuities & Life: Weak Alternative Returns Limit Q2 Profits

Summary F&G Annuities & Life remains a 'strong buy' due to its significant discount to book value despite recent underperformance and credit concerns. FG is shifting toward fee-based revenue and increasing reinsurance to improve ROE, targeting 25% fee-based earnings by 2028. The investment portfolio is 97% investment grade, with manageable private credit risk and a conservative insurance book. Potential Peak Altitude unit sales and continued buybacks could catalyze a re-rating as credit performance remains solid. Read the full article on Seeking Alpha
Narrative Update Jun 24

FG: Leadership Changes And Index Inclusion Will Support Balanced Return Potential

Analysts have maintained their $27.00 price target for F&G Annuities & Life, citing relatively steady fair value assumptions, a slight adjustment to the discount rate, and consistent revenue growth, profit margin, and future P/E inputs in their models. What's in the News F&G Annuities & Life announced that Chief Executive Officer Chris Blunt will retire from his current role, while continuing as a Director of F&G and Chief Executive Officer of subsidiary Peak Altitude Equity, LLC.
Analysis Article Jun 21

F&G Annuities & Life (FG) Stock Looks Fully Priced After CEO Transition വാർത്ത

F&G Annuities & Life (FG) is undergoing a leadership transition, with CEO Chris Blunt set to retire, President and CFO Conor Murphy stepping up as CEO and President, and Michael Bailey appointed as incoming CFO. See our latest analysis for F&G Annuities & Life. The leadership reshuffle comes as F&G Annuities & Life’s share price has shown mixed momentum, with a 1 day share price return of 2.61% and a 90 day share price return of 16.58%. However, the year to date share price return is down...
Narrative Update Jun 03

FG: Index Additions And Buybacks Will Support Balanced Return Potential

Analysts maintained their $27.00 price target on F&G Annuities & Life, citing updated assumptions that include a slightly higher discount rate, modestly weaker revenue growth and profit margin expectations, and a higher future P/E multiple. What's in the News F&G Annuities & Life, Inc.
Narrative Update May 12

FG: Weaker Revenue Outlook And Buybacks Will Shape Balanced Return Potential

Analysts have lowered their price target for F&G Annuities & Life from $37.43 to $27.00, citing updated assumptions that now combine a higher discount rate and sharply weaker revenue outlook with a stronger profit margin and a lower future P/E multiple. What's in the News The Board of Directors authorized a new share buyback plan on March 16, 2026, indicating an updated capital return framework for shareholders (Key Developments).
Analysis Article May 10

F&G Annuities & Life, Inc.'s (NYSE:FG) Business And Shares Still Trailing The Market

With a price-to-earnings (or "P/E") ratio of 8.4x F&G Annuities & Life, Inc. ( NYSE:FG ) may be sending very bullish...
Seeking Alpha Mar 22

F&G Annuities & Life: Questionable Share Issuance Leads To An Overreaction (Rating Upgrade)

Summary Shares of F&G Annuities & Life dropped 15% after a surprising secondary equity issuance, raising concerns about the timing and structure of the deal. The issuance priced shares at $33.60, below book value, creating a high hurdle for return on equity and potential dilution of long-term value. Despite strong organic growth and capital needs, the decision to issue equity at a low price is a questionable capital allocation decision. With a revised fair value of $41-42, I upgrade FG to a "buy" for long-term investors, though management needs to regain trust. Read the full article on Seeking Alpha
Seeking Alpha Nov 08

F&G Annuities & Life: Another Solid Quarter, But Valuation Has Caught Up (Rating Downgrade)

Summary F&G Annuities & Life has seen a strong performance, gaining 47% over the past year, driven by favorable interest rates and high annuity demand. Q3 earnings beat estimates with $1.22 per share, up from $0.96 last year, supported by balance sheet growth and improving investment spreads. F&G maintains a conservative product mix while instead taking more risk on its investment portfolio, primarily in less-liquid asset classes. Given the recent stock performance and limited upside potential, I am moving F&G shares to a hold, with a fair value of $47/share. Read the full article on Seeking Alpha
User avatar
New Narrative Aug 29

Strategic Moves And Market Adaptations Set To Boost Margins And Diversify Earnings

Strategic investments and growth in own distribution channels are set to significantly boost sales and diversify earnings.
Seeking Alpha Aug 06

F&G Annuities & Life: Solid Q2 Should Calm Investment Portfolio Fears

Summary F&G Annuities & Life stock has risen 34% over the past year but is down nearly 20% since its recent high amid concerns about its investment portfolio. The company's earnings beat consensus by $0.02, with record gross sales and net sales up 30% from last year as consumers take advantage of the rate environment. FG stock maintains a more aggressive investment portfolio, but realized credit losses are likely to stay low, making shares attractive. Read the full article on Seeking Alpha
Analysis Article Jul 23

Market Participants Recognise F&G Annuities & Life, Inc.'s (NYSE:FG) Earnings

With a price-to-earnings (or "P/E") ratio of 22.4x F&G Annuities & Life, Inc. ( NYSE:FG ) may be sending bearish...
Analysis Article May 30

F&G Annuities & Life (NYSE:FG) Has Affirmed Its Dividend Of $0.21

F&G Annuities & Life, Inc.'s ( NYSE:FG ) investors are due to receive a payment of $0.21 per share on 28th of June...
Seeking Alpha May 11

F&G Annuities & Life: Solid Q1 Despite Mixed Alternative Returns

Summary F&G Annuities & Life has seen a significant rise in its stock price over the past year, driven by higher rates and strong investment returns. The company reported solid quarterly results, but alternative investment returns were weaker, leading to modest profit taking by investors. F&G has benefited from increased demand for annuities in the elevated interest rate environment, with gross sales rising by 6%. With its aggressive investment portfolio, F&G earns a strong investment spread, but credit losses could rise in a recession. Read the full article on Seeking Alpha

Shareholder Returns

FGUS InsuranceUS Market
7D-3.2%0.7%4.2%
1Y-18.6%8.4%20.6%

Return vs Industry: FG underperformed the US Insurance industry which returned 8.4% over the past year.

Return vs Market: FG underperformed the US Market which returned 20.6% over the past year.

Price Volatility

Is FG's price volatile compared to industry and market?
FG volatility
FG Average Weekly Movement5.3%
Insurance Industry Average Movement4.8%
Market Average Movement7.2%
10% most volatile stocks in US Market16.2%
10% least volatile stocks in US Market3.1%

Stable Share Price: FG has not had significant price volatility in the past 3 months compared to the US market.

Volatility Over Time: FG's weekly volatility (5%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
19591,173Conor Murphywww.fglife.com

F&G Annuities & Life, Inc., together with its subsidiaries, provides annuity and life insurance products in the United States. It offers fixed indexed annuities registered index-linked annuities, pension risk transfer and indexed universal life, and multi-year guarantee annuities; immediate annuities; indexed universal life insurance; pension risk transfer solutions; and institutional funding agreements. The company distributes its products through independent agents, banks, and broker-dealers to retail annuity and life customers, as well as institutional clients.

F&G Annuities & Life, Inc. Fundamentals Summary

How do F&G Annuities & Life's earnings and revenue compare to its market cap?
FG fundamental statistics
Market capUS$3.62b
Earnings (TTM)US$401.00m
Revenue (TTM)US$6.07b
9.0x
P/E Ratio
0.6x
P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
FG income statement (TTM)
RevenueUS$6.07b
Cost of RevenueUS$4.08b
Gross ProfitUS$1.99b
Other ExpensesUS$1.59b
EarningsUS$401.00m

Last Reported Earnings

Jun 30, 2026

Next Earnings Date

n/a

Earnings per share (EPS)3.06
Gross Margin32.77%
Net Profit Margin6.61%
Debt/Equity Ratio48.6%

How did FG perform over the long term?

See historical performance and comparison

Dividends

3.6%
Current Dividend Yield
33%
Payout Ratio

Does FG pay a reliable dividends?

See FG dividend history and benchmarks
When do you need to buy FG by to receive an upcoming dividend?
F&G Annuities & Life dividend dates
Ex Dividend DateSep 16 2026
Dividend Pay DateSep 30 2026
Days until Ex dividend38 days
Days until Dividend pay date52 days

Does FG pay a reliable dividends?

See FG dividend history and benchmarks

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2026/08/09 02:43
End of Day Share Price 2026/08/07 00:00
Earnings2026/06/30
Annual Earnings2025/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* Example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.

Analyst Sources

F&G Annuities & Life, Inc. is covered by 7 analysts. 1 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Mark DeVriesBarclays
Taylor ScottBarclays
Taylor ScottGoldman Sachs