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: 1,338
0
Funds holding %
of 7,419 funds
–
Analysts bullish %
Fund manager confidence
Based on 2024 Q4 regulatory disclosures by fund managers ($100M+ AUM)
172% more call options, than puts
Call options by funds: $1.04M | Put options by funds: $381K
40% more first-time investments, than exits
New positions opened: 28 | Existing positions closed: 20
3% more funds holding
Funds holding: 198 [Q3] → 203 (+5) [Q4]
6% more repeat investments, than reductions
Existing positions increased: 53 | Existing positions reduced: 50
0.46% more ownership
Funds ownership: 95.37% [Q3] → 95.83% (+0.46%) [Q4]
0% more funds holding in top 10
Funds holding in top 10: 2 [Q3] → 2 (+0) [Q4]
7% less capital invested
Capital invested by funds: $5.38B [Q3] → $5B (-$373M) [Q4]
Research analyst outlook
2 Wall Street Analysts provided 1 year price targets over the past 3 months
Low target
$41
25%
upside
Avg. target
$44
34%
upside
High target
$47
43%
upside
2 analyst ratings
0 positive
0%
2 neutral
100%
0 negative
0%
Barclays Mark Devries 75% 1-year accuracy 15 / 20 met price target | 25%upside $41 | Equal-Weight Maintained | 11 Apr 2025 |
Stephens & Co. John Campbell 53% 1-year accuracy 19 / 36 met price target | 43%upside $47 | Equal-Weight Reiterated | 24 Feb 2025 |
Financial journalist opinion
Neutral
Seeking Alpha
4 weeks ago
F&G Annuities & Life: Questionable Share Issuance Leads To An Overreaction (Rating Upgrade)
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.
Neutral
PRNewsWire
1 month ago
F&G Annuities & Life Prices Common Stock Offering
DES MOINES, Iowa , March 20, 2025 /PRNewswire/ -- F&G Annuities & Life, Inc. (NYSE: FG) ("F&G") today announced that it priced a public offering of 8,000,000 shares of its common stock at a price to the public of $35.00 per share. In connection with the offering, F&G has granted the underwriters a 30-day option to purchase up to an additional 1,200,000 shares of F&G's common stock.
Neutral
Seeking Alpha
1 month ago
F&G Annuities & Life, Inc. (FG) Q4 2024 Earnings Call Transcript
F&G Annuities & Life, Inc. (NYSE:FG ) Q4 2024 Earnings Conference Call February 21, 2025 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 Alex Scott - Barclays Mark Hughes - Truist Securities Operator Good morning and welcome to F&G's Fourth Quarter and Full Year 2024 Earnings Call. During today's presentation, all callers will be placed in a listen-only mode and following management's prepared remarks, the conference will be open for questions with instructions to follow at that time.
Neutral
PRNewsWire
1 month ago
F&G Annuities & Life Declares Dividends on Common and Preferred Stock
DES MOINES, Iowa , Feb. 21, 2025 /PRNewswire/ -- F&G Annuities & Life, Inc. (NYSE: FG) ("F&G") today announced that its Board of Directors has declared a quarterly cash dividend in the amount of $0.22 per common share. The dividend will be payable on March 31, 2025, to stockholders of record as of March 17, 2025.
Neutral
PRNewsWire
1 month ago
Fidelity National Financial Announces Quarterly Cash Dividend of $0.50
JACKSONVILLE, Fla. , Feb. 21, 2025 /PRNewswire/ -- Fidelity National Financial, Inc. (NYSE: FNF) ("FNF") today announced that its Board of Directors has declared a quarterly cash dividend of $0.50 per share of common stock.
Negative
Zacks Investment Research
1 month ago
F&G Annuities & Life, Inc. (FG) Lags Q4 Earnings Estimates
F&G Annuities & Life, Inc. (FG) came out with quarterly earnings of $1.12 per share, missing the Zacks Consensus Estimate of $1.26 per share. This compares to earnings of $0.60 per share a year ago.
Neutral
PRNewsWire
1 month ago
F&G Annuities & Life Announces Chief Financial Officer Transition
~ Wendy Young to Assume Role as Chief Liability Officer ~ ~ Conor Murphy Appointed Chief Financial Officer ~ DES MOINES, Iowa , Feb. 20, 2025 /PRNewswire/ -- F&G Annuities & Life, Inc. (NYSE: FG) (F&G or the Company) a leading provider of insurance solutions serving retail annuity and life customers and institutional clients, today announced that Wendy Young will transition from her Chief Financial Officer role on April 1, 2025 to become F&G's Chief Liability Officer, a newly created position. In conjunction with this transition, the Company has appointed Conor Murphy as its new Chief Financial Officer, effective April 1, 2025.
Neutral
PRNewsWire
1 month ago
FNF Reports Fourth Quarter and Full Year 2024 Financial Results
JACKSONVILLE, Fla. , Feb. 20, 2025 /PRNewswire/ -- Fidelity National Financial, Inc. (NYSE: FNF) ("FNF" or the "Company"), a leading provider of title insurance and transaction services to the real estate and mortgage industries and a leading provider of insurance solutions serving retail annuity and life customers and institutional clients through its majority-owned, publicly traded subsidiary F&G Annuities & Life, Inc. (NYSE: FG) ("F&G"), today reported financial results for the fourth quarter and twelve months ended December 31, 2024.
Neutral
PRNewsWire
1 month ago
F&G Annuities & Life Reports Fourth Quarter and Full Year 2024 Results
DES MOINES, Iowa , Feb. 20, 2025 /PRNewswire/ -- F&G Annuities & Life, Inc. (NYSE: FG) (F&G or the Company) a leading provider of insurance solutions serving retail annuity and life customers and institutional clients, today reported financial results for the fourth quarter and twelve months (full year) ended December 31, 2024. Net earnings attributable to common shareholders for the fourth quarter were $323 million, or $2.50 per diluted share (per share), compared to a net loss of $299 million, or $2.41 per share, for the fourth quarter of 2023.
Neutral
PRNewsWire
2 months ago
Fidelity National Financial Announces Fourth Quarter and Full Year 2024 Earnings Release and Conference Call
JACKSONVILLE, Fla. , Feb. 6, 2025 /PRNewswire/ -- Fidelity National Financial, Inc. (NYSE: FNF) ("FNF"), a leading provider of title insurance and transaction services to the real estate and mortgage industries and a leading provider of insurance solutions serving retail annuity and life customers and institutional clients through its majority-owned, publicly traded subsidiary F&G Annuities & Life, Inc. (NYSE:FG) ("F&G"), will release fourth quarter and full year 2024 earnings after the close of regular market trading on Thursday, February 20, 2025.
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