F&G Annuities & Life
About: F&G Annuities & Life Inc is a provider of insurance solutions serving retail annuity and life customers as well as institutional clients. Through its insurance subsidiaries, including FGL Insurance and Fidelity & Guaranty Life Insurance Company of New York it markets a broad portfolio of deferred annuities (fixed indexed annuities (FIAs) and multi-year guarantee annuities (MYGAs) or other fixed rate annuities), immediate annuities, indexed universal life (IUL) insurance, funding agreements through funding agreement-backed notes (FABN) issuances and the Federal Home Loan Bank of Atlanta (FHLB)) and pension risk transfer (PRT) solutions.
Employees: 1,167
0
Funds holding %
of 6,823 funds
–
Analysts bullish %
Fund manager confidence
Based on 2024 Q3 regulatory filings by fund managers ($100M+ AUM)
164% more call options, than puts
Call options by funds: $1.22M | Put options by funds: $460K
44% more repeat investments, than reductions
Existing positions increased: 56 | Existing positions reduced: 39
14% more first-time investments, than exits
New positions opened: 32 | Existing positions closed: 28
1% more funds holding
Funds holding: 196 [Q2] → 197 (+1) [Q3]
0% more funds holding in top 10
Funds holding in top 10: 2 [Q2] → 2 (+0) [Q3]
0.38% less ownership
Funds ownership: 95.76% [Q2] → 95.39% (-0.38%) [Q3]
7% less capital invested
Capital invested by funds: $5.81B [Q2] → $5.38B (-$427M) [Q3]
Research analyst outlook
1 Wall Street Analyst provided 1 year price targets over the past 3 months
Low target
$47
7%
upside
Avg. target
$47
7%
upside
High target
$47
7%
upside
1 analyst rating
0 positive
0%
1 neutral
100%
0 negative
0%
Barclays Mark Devries 88% 1-year accuracy 23 / 26 met price target | 7%upside $47 | Equal-Weight Maintained | 6 Jan 2025 |
Financial journalist opinion
Neutral
PRNewsWire
4 days ago
F&G Annuities & Life Announces Redemption of Fidelity & Guaranty Life Holdings 5.50% Senior Notes Due May 1, 2025
DES MOINES, Iowa , Jan. 16, 2025 /PRNewswire/ -- F&G Annuities & Life, Inc. (NYSE: FG) (F&G or the Company) today announced that its subsidiary Fidelity & Guaranty Life Holdings, Inc. (FGLH) will redeem on February 1, 2025, all outstanding $300 million aggregate principal amount of FGLH's 5.50% Senior Notes due May 1, 2025. The notes will be redeemed for a redemption price equal to 100% of principal amount of the notes plus accrued and unpaid interest to, but excluding, the redemption date.
Neutral
PRNewsWire
2 weeks ago
F&G Annuities & Life Prices Junior Subordinated Notes Offering
DES MOINES, Iowa , Jan. 6, 2025 /PRNewswire/ -- F&G Annuities & Life, Inc. (NYSE: FG) ("F&G") today announced that it priced a public offering of $375 million aggregate principal amount of its 7.300% junior subordinated notes due 2065 (the "notes"). The offering is expected to close on January 13, 2025, subject to satisfaction of customary closing conditions.
Positive
Zacks Investment Research
1 month ago
Best Value Stocks to Buy for December 19th
FG, PLAB and TTMI made it to the Zacks Rank #1 (Strong Buy) value stocks list on December 19, 2024.
Positive
Zacks Investment Research
1 month ago
Best Income Stocks to Buy for December 19th
WTBA, PINC and FG made it to the Zacks Rank #1 (Strong Buy) income stocks list on December 19, 2024.
Positive
Zacks Investment Research
1 month ago
F&G Annuities & Life, Inc. (FG) Upgraded to Strong Buy: What Does It Mean for the Stock?
F&G Annuities & Life, Inc. (FG) has been upgraded to a Zacks Rank #1 (Strong Buy), reflecting growing optimism about the company's earnings prospects. This might drive the stock higher in the near term.
Positive
Zacks Investment Research
1 month ago
Best Income Stocks to Buy for December 5th
UOVEY, CIXXF and FG made it to the Zacks Rank #1 (Strong Buy) income stocks list on December 5, 2024.
Neutral
PRNewsWire
2 months ago
Fidelity National Financial CEO Mike Nolan and CFO Tony Park to Speak at the Stephens Annual Investment Conference
JACKSONVILLE, Fla. , Nov. 12, 2024 /PRNewswire/ -- Fidelity National Financial, Inc. (NYSE: FNF) today announced that Mike Nolan, Chief Executive Officer, and Tony Park, Chief Financial Officer, will participate in a fireside chat at the Stephens Annual Investment Conference on Tuesday, November 19, 2024 at approximately 9:00 am Eastern Time.
Neutral
Seeking Alpha
2 months ago
F&G Annuities & Life, Inc. (FG) Q3 2024 Earnings Call Transcript
F&G Annuities & Life, Inc. (NYSE:FG ) Q3 2024 Results Conference Call November 7, 2024 9:00 AM ET Company Participants Lisa Foxworthy-Parker - Senior Vice President, Investor & External Relations Chris Blunt - Chief Executive Officer Wendy Young - Chief Financial Officer Conference Call Participants John Barnidge - Piper Sandler Wesley Carmichael - Autonomous Research Maxwell Fritscher - Truist Operator Good morning, ladies and gentlemen, and welcome to the F&G's third quarter earnings call. During the presentation, all parties will be in listen-only mode.
Positive
Seeking Alpha
2 months ago
F&G Annuities & Life: Another Solid Quarter, But Valuation Has Caught Up (Rating Downgrade)
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.
Neutral
PRNewsWire
2 months ago
Fidelity National Financial Announces 4% Increase in Quarterly Cash Dividend
JACKSONVILLE, Fla. , Nov. 7, 2024 /PRNewswire/ -- Fidelity National Financial, Inc. (NYSE: FNF) ("FNF" or the "Company") today announced that its Board of Directors has declared an increase in the Company's quarterly cash dividend of 4%, to $0.50 per common share, from the previous quarterly cash dividend of $0.48 per common share.
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