Financial Services - Insurance - Life - NYSE - US
$ 45.44
-0.066 %
$ 5.73 B
Market Cap
-2272.0
P/E
F&G Annuities & Life, Inc. provides fixed annuities and life insurance products. 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. is a subsidiary of Fidelity National Financial, Inc.[ Read More ]
The intrinsic value of one FG stock under the base case scenario is HIDDEN Compared to the current market price of 45.4 USD, F&G Annuities & Life, Inc. is HIDDEN
2. FUNDAMENTAL
ANALYSIS
Price Chart FG
FINANCIALS
4.54 B
REVENUE
62 M
OPERATING INCOME
-58 M
NET INCOME
5.83 B
OPERATING CASH FLOW
-8.92 B
INVESTING CASH FLOW
3.69 B
FINANCING CASH FLOW
1.36 B
REVENUE
0
OPERATING INCOME
-5 M
NET INCOME
2.09 B
OPERATING CASH FLOW
-1.92 B
INVESTING CASH FLOW
-161 M
FINANCING CASH FLOW
Balance Sheet Decomposition
F&G Annuities & Life, Inc.
| Current Assets | 42 B |
| Cash & Short-Term Investments | 43.4 B |
| Receivables | 0 |
| Other Current Assets | -1.45 B |
| Non-Current Assets | 10.8 B |
| Long-Term Investments | 4.48 B |
| PP&E | 0 |
| Other Non-Current Assets | 6.34 B |
| Current Liabilities | 367 M |
| Accounts Payable | 378 M |
| Short-Term Debt | 0 |
| Other Current Liabilities | -11 M |
| Non-Current Liabilities | 66.7 B |
| Long-Term Debt | 1.76 B |
| Other Non-Current Liabilities | 65 B |
EFFICIENCY
Earnings Waterfall
F&G Annuities & Life, Inc.
| Revenue | 4.54 B |
| Cost Of Revenue | 146 M |
| Gross Profit | 4.39 B |
| Operating Expenses | 4.48 B |
| Operating Income | 62 M |
| Other Expenses | 120 M |
| Net Income | -58 M |
RATIOS
96.78%
GROSS MARGIN
1.37%
OPERATING MARGIN
-1.28%
NET MARGIN
-1.87%
ROE
-0.08%
ROA
2.12%
ROIC
FREE CASH FLOW ANALYSIS
Free Cash Flow Analysis
F&G Annuities & Life, Inc.
| Net Income | -58 M |
| Depreciation & Amortization | 412 M |
| Capital Expenditures | -27 M |
| Stock-Based Compensation | 23 M |
| Change in Working Capital | 5.29 B |
| Others | 5.36 B |
| Free Cash Flow | 5.81 B |
Wall Street Analysts Price Targets
F&G Annuities & Life, Inc.
Wall Street analysts predict an average 1-year price target for FG of $42.5 , with forecasts ranging from a low of $40 to a high of $45 .
FG Lowest Price Target
Wall Street Target
40 USD
-11.97%
FG Average Price Target
Wall Street Target
42.5 USD
-6.47%
FG Highest Price Target
Wall Street Target
45 USD
-0.97%
4. DIVIDEND ANALYSIS
0.56%
DIVIDEND YIELD
0 USD
DIVIDEND PER SHARE
5. COMPETITION
6. Ownership
Insider Ownership
F&G Annuities & Life, Inc.
Sold
0-3 MONTHS
58.8 K USD 1
3-6 MONTHS
0 USD 0
6-9 MONTHS
0 USD 0
9-12 MONTHS
0 USD 0
Bought
432 USD 1
0-3 MONTHS
0 USD 0
3-6 MONTHS
0 USD 0
6-9 MONTHS
0 USD 0
9-12 MONTHS
| Date | Value | Insider | Amount | Avg Price |
|---|---|---|---|---|
|
6 days ago
Nov 11, 2024
|
Sell 58.8 K USD
|
Punjabi Leena
Chief Investment Officer |
- 1250
|
47.01 USD |
|
1 month ago
Sep 27, 2024
|
Bought 432 USD
|
Doka Celina J. Wang
Director |
+ 9.79
|
44.166 USD |
|
1 year ago
Oct 03, 2023
|
Bought 132 K USD
|
Blunt Christopher O
President & CEO |
+ 5000
|
26.38 USD |
|
1 year ago
May 08, 2023
|
Bought 202 K USD
|
Ammerman Douglas K
Director |
+ 12004
|
16.8007 USD |
|
1 year ago
Mar 28, 2023
|
Bought 266 K USD
|
Blunt Christopher O
President & CEO |
+ 15000
|
17.746 USD |
|
1 year ago
Mar 27, 2023
|
Bought 214 K USD
|
Blunt Christopher O
President & CEO |
+ 12000
|
17.852 USD |
|
1 year ago
Mar 23, 2023
|
Bought 245 K USD
|
Blunt Christopher O
President & CEO |
+ 15000
|
16.315 USD |
|
1 year ago
Dec 16, 2022
|
Bought 195 K USD
|
Blunt Christopher O
President & CEO |
+ 10000
|
19.511 USD |
|
1 year ago
Dec 15, 2022
|
Bought 160 K USD
|
Blunt Christopher O
President & CEO |
+ 8182
|
19.516 USD |
|
1 year ago
Dec 12, 2022
|
Bought 183 K USD
|
Blunt Christopher O
President & CEO |
+ 10000
|
18.295 USD |
|
1 year ago
Dec 09, 2022
|
Bought 185 K USD
|
Blunt Christopher O
President & CEO |
+ 10000
|
18.503 USD |
|
1 year ago
Dec 08, 2022
|
Bought 249 K USD
|
Blunt Christopher O
President & CEO |
+ 13000
|
19.163 USD |
|
1 year ago
Dec 05, 2022
|
Bought 249 K USD
|
Blunt Christopher O
President & CEO |
+ 13000
|
19.163 USD |
|
1 year ago
Dec 01, 2022
|
Bought 95.4 K USD
|
Blunt Christopher O
President & CEO |
+ 5000
|
19.09 USD |
|
1 year ago
Dec 01, 2022
|
Bought 505 K USD
|
Blunt Christopher O
President & CEO |
+ 26000
|
19.41 USD |
|
4 years ago
Jun 01, 2020
|
Sell 300 K USD
|
Blackstone Holdings I L.P.
10 percent owner |
- 24016
|
12.5 USD |
|
4 years ago
Jun 01, 2020
|
Sell 300 K USD
|
Blackstone Group Inc
10 percent owner |
- 24016
|
12.5 USD |
|
4 years ago
Jun 01, 2020
|
Sell 300 K USD
|
GSO CAPITAL PARTNERS LP
10 percent owner |
- 24016
|
12.5 USD |
|
4 years ago
Jun 01, 2020
|
Sell 300 K USD
|
GSO Aiguille des Grands Montets Fund II LP
10 percent owner |
- 24016
|
12.5 USD |
|
4 years ago
May 22, 2020
|
Bought 53.1 USD
|
Marhoun Eric L.
General Counsel and Secretary |
+ 5
|
10.625 USD |
|
4 years ago
May 22, 2020
|
Sell 2.02 M USD
|
Currier John David Jr.
EVP, Chf Actuary of Subsidiary |
- 191429
|
10.57 USD |
|
4 years ago
May 20, 2020
|
Sell 636 K USD
|
Bayer Jonathan
Head of Corp Dev, Strategy |
- 59960
|
10.6 USD |
|
4 years ago
May 19, 2020
|
Sell 525 K USD
|
Marhoun Eric L.
General Counsel and Secretary |
- 50000
|
10.5 USD |
|
4 years ago
May 19, 2020
|
Sell 1.09 M USD
|
Marhoun Eric L.
General Counsel and Secretary |
- 103144
|
10.52 USD |
|
4 years ago
May 18, 2020
|
Sell 2.01 M USD
|
Phelps II John A.
EVP, Chief Distrib Off of Sub |
- 191429
|
10.5 USD |
|
4 years ago
May 18, 2020
|
Sell 630 K USD
|
Bayer Jonathan
Head of Corp Dev, Strategy |
- 60000
|
10.5 USD |
|
4 years ago
May 15, 2020
|
Sell 2.4 M USD
|
Krishnan Rajesh
Chief Investment Officer |
- 233604
|
10.27 USD |
|
4 years ago
May 11, 2020
|
Sell 1.03 M USD
|
Bayer Jonathan
Head of Corp Dev, Strategy |
- 100000
|
10.31 USD |
|
5 years ago
Sep 03, 2019
|
Bought 621 K USD
|
Blackstone Group Inc
10 percent owner |
+ 78266
|
7.93 USD |
|
5 years ago
Aug 30, 2019
|
Bought 304 K USD
|
Blackstone Group Inc
10 percent owner |
+ 37898
|
8.01 USD |
|
5 years ago
Aug 29, 2019
|
Bought 362 K USD
|
Blackstone Group Inc
10 percent owner |
+ 45043
|
8.03 USD |
|
5 years ago
Aug 28, 2019
|
Bought 667 K USD
|
Blackstone Group Inc
10 percent owner |
+ 84107
|
7.93 USD |
|
5 years ago
Aug 27, 2019
|
Bought 821 K USD
|
Blackstone Group Inc
10 percent owner |
+ 103585
|
7.93 USD |
|
5 years ago
Aug 26, 2019
|
Bought 588 K USD
|
Blackstone Group Inc
10 percent owner |
+ 73503
|
8 USD |
|
5 years ago
Aug 23, 2019
|
Bought 888 K USD
|
Blackstone Group Inc
10 percent owner |
+ 112065
|
7.92 USD |
|
5 years ago
Aug 23, 2019
|
Bought 78.8 K USD
|
Blunt Christopher O
President and CEO |
+ 10000
|
7.88 USD |
|
5 years ago
Aug 23, 2019
|
Bought 79.6 K USD
|
Blunt Christopher O
President and CEO |
+ 10000
|
7.96 USD |
|
5 years ago
Aug 22, 2019
|
Bought 954 K USD
|
Blackstone Group Inc
10 percent owner |
+ 119339
|
7.99 USD |
|
5 years ago
Aug 21, 2019
|
Bought 596 K USD
|
Blackstone Group Inc
10 percent owner |
+ 76432
|
7.8 USD |
|
5 years ago
Aug 20, 2019
|
Bought 1.01 M USD
|
Blackstone Group Inc
10 percent owner |
+ 134118
|
7.56 USD |
|
5 years ago
Aug 14, 2019
|
Bought 48.9 K USD
|
BAIRD PATRICK
Director |
+ 7000
|
6.99 USD |
|
5 years ago
Aug 20, 2019
|
Bought 18.6 K USD
|
Wasgatt Bonnie
Chief Op Off of Subsidiary |
+ 2400
|
7.75 USD |
|
5 years ago
Aug 19, 2019
|
Bought 606 K USD
|
Blackstone Group Inc
10 percent owner |
+ 77743
|
7.8 USD |
|
5 years ago
Aug 16, 2019
|
Bought 559 K USD
|
Blackstone Group Inc
10 percent owner |
+ 72894
|
7.67 USD |
|
5 years ago
Aug 15, 2019
|
Bought 675 K USD
|
Blackstone Group Inc
10 percent owner |
+ 91977
|
7.34 USD |
|
5 years ago
Aug 14, 2019
|
Bought 561 K USD
|
Blackstone Group Inc
10 percent owner |
+ 79368
|
7.07 USD |
|
5 years ago
Aug 13, 2019
|
Bought 424 K USD
|
Blackstone Group Inc
10 percent owner |
+ 57712
|
7.34 USD |
|
5 years ago
Aug 12, 2019
|
Bought 447 K USD
|
Blackstone Group Inc
10 percent owner |
+ 60394
|
7.4 USD |
|
5 years ago
Aug 14, 2019
|
Bought 36 K USD
|
Blunt Christopher O
President and CEO |
+ 5000
|
7.19 USD |
|
5 years ago
Aug 14, 2019
|
Bought 35.8 K USD
|
Blunt Christopher O
President and CEO |
+ 5000
|
7.17 USD |
|
5 years ago
Aug 12, 2019
|
Bought 736 K USD
|
Blunt Christopher O
President and CEO |
+ 100000
|
7.36 USD |
|
5 years ago
Mar 13, 2019
|
Bought 422 K USD
|
Massey Richard N
Director |
+ 50000
|
8.44 USD |
|
5 years ago
Mar 08, 2019
|
Bought 42 K USD
|
Walsh Timothy Martin
Director |
+ 5000
|
8.4 USD |
|
5 years ago
Mar 07, 2019
|
Bought 41.7 K USD
|
Walsh Timothy Martin
Director |
+ 5000
|
8.34 USD |
|
5 years ago
Mar 08, 2019
|
Bought 168 K USD
|
Blunt Christopher O
President and CEO |
+ 20000
|
8.4 USD |
|
5 years ago
Mar 04, 2019
|
Bought 854 K USD
|
Blunt Christopher O
President and CEO |
+ 100000
|
8.54 USD |
|
6 years ago
Oct 05, 2018
|
Bought 68.8 USD
|
Blackstone Group L.P.
10 percent owner |
+ 687500
|
0.0001 USD |
|
6 years ago
Oct 05, 2018
|
Sell 71.9 M USD
|
Blackstone Group L.P.
10 percent owner |
- 6250000
|
11.5 USD |
|
6 years ago
Sep 14, 2018
|
Bought 262 K USD
|
LITTLEFIELD CHRISTOPHER J
President and CEO |
+ 30000
|
8.74 USD |
|
6 years ago
Sep 12, 2018
|
Bought 218 K USD
|
Massey Richard N
Director |
+ 25000
|
8.74 USD |
|
6 years ago
Sep 11, 2018
|
Bought 219 K USD
|
Massey Richard N
Director |
+ 25000
|
8.77 USD |
|
6 years ago
Sep 13, 2018
|
Bought 219 K USD
|
Vigneau Dennis
Chief Financial Officer |
+ 25000
|
8.75 USD |
7. News
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.
prnewswire.com
- 4 days 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.
seekingalpha.com
- 1 week 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.
seekingalpha.com
- 1 week 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.
prnewswire.com
- 1 week ago
F&G Annuities & Life Announces 5% Increase in Quarterly Common Stock Dividend And Declares Dividend on Preferred Stock
DES MOINES, Iowa , Nov. 7, 2024 /PRNewswire/ -- F&G Annuities & Life, Inc. (NYSE: FG) ("F&G" or the "Company") today announced that its Board of Directors has declared an increase in the Company's quarterly cash dividend of 5%, to $0.22 per common share, from the previous quarterly cash dividend of $0.21 per common share. The dividend will be payable December 31, 2024, to stockholders of record as of December 17, 2024.
prnewswire.com
- 1 week ago
F&G Annuities & Life, Inc. (FG) Q3 Earnings and Revenues Surpass Estimates
F&G Annuities & Life, Inc. (FG) came out with quarterly earnings of $1.22 per share, beating the Zacks Consensus Estimate of $1.19 per share. This compares to earnings of $0.96 per share a year ago.
zacks.com
- 1 week ago
FNF Reports Third Quarter 2024 Financial Results
JACKSONVILLE, Fla. , Nov. 6, 2024 /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 third quarter ended September 30, 2024.
prnewswire.com
- 1 week ago
F&G Annuities & Life Reports Third Quarter 2024 Results
DES MOINES, Iowa , Nov. 6, 2024 /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 third quarter ended September 30, 2024. Net loss attributable to common shareholders (net loss) for the third quarter was $10 million, or $0.08 per diluted share (per share), compared to net earnings of $306 million, or $2.45 per share, for the third quarter of 2023.
prnewswire.com
- 1 week ago
Fidelity National Financial Announces Third Quarter 2024 Earnings Release and Conference Call
JACKSONVILLE, Fla. , Oct. 23, 2024 /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 third quarter 2024 earnings after the close of regular market trading on Wednesday, November 6, 2024.
prnewswire.com
- 3 weeks ago
F&G Annuities & Life Announces Third Quarter 2024 Earnings Release and Conference Call
DES MOINES, Iowa , Oct. 23, 2024 /PRNewswire/ -- F&G Annuities & Life, Inc. (NYSE: FG) ("F&G"), a leading provider of insurance solutions serving retail annuity and life customers and institutional clients, will release third quarter 2024 earnings after the close of regular market trading on Wednesday, November 6, 2024. A webcast and conference call to discuss the results will follow at 9:00 a.m.
prnewswire.com
- 3 weeks ago
F&G's Fifth Annual Risk Tolerance Tracker Finds Inflation, U.S. Presidential Election and Cyberfraud Top of Mind for American Investors
DES MOINES, Iowa , Oct. 16, 2024 /PRNewswire/ -- American investors1 are keeping a close eye on the economy and the nation's capital according to a new survey from F&G Annuities & Life, Inc. (NYSE: FG) (F&G), a leading provider of insurance solutions serving retail annuity and life customers and institutional clients. F&G's fifth annual Risk Tolerance Tracker asked American investors how the events of the past 12 months have impacted their views on retirement and risk, as well as the issues they are concerned about for the year ahead.
prnewswire.com
- 1 month ago
Fidelity National Financial Acquires First Nationwide Title Agency
Acquisition Expands National Commercial Services Portfolio of Companies JACKSONVILLE, Fla. , Oct. 2, 2024 /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., today announced the acquisition of the commercial operations of First Nationwide Title Agency ("FNTA"), a division of AMT Commercial Title Services and a subsidiary of AmTrust Financial Services, Inc. ("AmTrust").
prnewswire.com
- 1 month ago
8. Profile Summary
F&G Annuities & Life, Inc. FG
COUNTRY
US
INDUSTRY
Insurance - Life
MARKET CAP
$ 5.73 B
Dividend Yield
0.56%
Description
F&G Annuities & Life, Inc. provides fixed annuities and life insurance products. 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. is a subsidiary of Fidelity National Financial, Inc.
Contact
801 Grand Avenue, Des Moines, IA, 50309
http://www.fglife.com
IPO Date
Nov. 22, 2022
Employees
1300
Officers
Mr. John David Currier Jr.
President
Ms. Leena Punjabi C.F.A.
Executive Vice President & Chief Investment Officer
Mr. Mark Lynn Wiltse
Senior Vice President & Chief Accounting Officer
Ms. Jodi Lynn Ahlman
Senior Vice President, Chief of Government, Regulatory & Compliance Affairs
Mr. William Patrick Foley II
Executive Chairman of the Board
Mr. Christopher Owsley Blunt
Chief Executive Officer & Director
Mr. Matthew Eric Christensen
Executive Vice President of Pension Risk Transfer & Chief Operating Officer
Mr. Ted Hughes
Senior Vice President & Chief Information Officer
Ms. Lisa Foxworthy-Parker
Senior Vice President of Investor & External Relations
Ms. Wendy J.B. Young
Executive Vice President & Chief Financial Officer