Financial Services -
Insurance - Life - NYSE - US
$ 46.56
0.41 %
$ 5.87 B
Market Cap
-2328.0
P/E
1. INTRINSIC VALUE
Balance Sheet
F&G Annuities & Life, Inc.
| Current Assets | 42 B |
| Cash & Short-Term Investments | 42 B |
| Receivables | 0 |
| Other Current Assets | 0 |
| Non-Current Assets | 68.6 B |
| Long-Term Investments | 4.48 B |
| PP&E | 0 |
| Other Non-Current Assets | 64.2 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 | 4.27 B |
| Operating Income | 62 M |
| Other Expenses | 120 M |
| Net Income | -58 M |
RATIOS
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 | 5.46 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
-14.09%
FG Average Price Target
Wall Street Target
42.5 USD
-8.72%
FG Highest Price Target
Wall Street Target
45 USD
-3.35%
4. DIVIDEND
ANALYSIS
0.56%
DIVIDEND YIELD
0.22 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
0 USD 0
0-3 MONTHS
432 USD 1
3-6 MONTHS
0 USD 0
6-9 MONTHS
0 USD 0
9-12 MONTHS
| Date | Value | Insider | Amount | Avg Price |
|---|---|---|---|---|
|
2 months ago
Nov 11, 2024
|
Sell 58.8 K
USD
|
Punjabi Leena
Chief Investment Officer
|
- 1250
|
47.01 USD |
|
4 months 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 |
|
2 years ago
Dec 16, 2022
|
Bought
195 K USD
|
Blunt Christopher O
President & CEO
|
+ 10000
|
19.511 USD |
|
2 years ago
Dec 15, 2022
|
Bought
160 K USD
|
Blunt Christopher O
President & CEO
|
+ 8182
|
19.516 USD |
|
2 years ago
Dec 12, 2022
|
Bought
183 K USD
|
Blunt Christopher O
President & CEO
|
+ 10000
|
18.295 USD |
|
2 years ago
Dec 09, 2022
|
Bought
185 K USD
|
Blunt Christopher O
President & CEO
|
+ 10000
|
18.503 USD |
|
2 years ago
Dec 08, 2022
|
Bought
249 K USD
|
Blunt Christopher O
President & CEO
|
+ 13000
|
19.163 USD |
|
2 years ago
Dec 05, 2022
|
Bought
249 K USD
|
Blunt Christopher O
President & CEO
|
+ 13000
|
19.163 USD |
|
2 years ago
Dec 01, 2022
|
Bought
95.4 K USD
|
Blunt Christopher O
President & CEO
|
+ 5000
|
19.09 USD |
|
2 years 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
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.
prnewswire.com
- 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.
prnewswire.com
- 3 weeks 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.
zacks.com
- 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.
zacks.com
- 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.
zacks.com
- 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.
zacks.com
- 1 month 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.
prnewswire.com
- 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.
seekingalpha.com
- 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.
seekingalpha.com
- 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.
prnewswire.com
- 2 months 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
- 2 months 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
- 2 months ago
8. Profile
Summary
F&G Annuities & Life, Inc. FG
COUNTRY
US
INDUSTRY
Insurance - Life
MARKET CAP
$ 5.87 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
Ms. Leena Punjabi C.F.A.
Executive Vice President & Chief Investment Officer
Mr. Christopher Owsley Blunt
Chief Executive Officer & Director
Mr. Mark Lynn Wiltse
Senior Vice President & Chief Accounting Officer
Mr. John David Currier Jr.
President
Ms. Wendy J.B. Young
Executive Vice President & Chief Financial Officer
Ms. Lisa Foxworthy-Parker
Senior Vice President of Investor & External Relations
Mr. Ted Hughes
Senior Vice President & Chief Information Officer
Mr. William Patrick Foley II
Executive Chairman of the Board
Mr. Matthew Eric Christensen
Executive Vice President of Pension Risk Transfer & Chief Operating Officer
Ms. Jodi Lynn Ahlman
Senior Vice President, Chief of Government, Regulatory & Compliance Affairs