Stock of the Day

November 20, 2019

F&G Annuities & Life (FG)

$23.75
-$0.24 (-1.0%)
Market Cap: $3.14B

About F&G Annuities & Life

F&G Annuities & Life, Inc. engages in the provision of fixed annuity and life insurance products. It specializes in life insurance, annuities, retirement planning and wealth transfer. The company was founded in 1959 and is headquartered in Des Moines, IA.

Today's Trend

F&G Annuities & Life, Inc. (NYSE: FG) shares are facing pressure after the insurer’s second-quarter results fell short of expectations, although cost-reduction plans and the dividend announcement provide some support.

  • F&G announced a quarterly common-stock dividend of $0.25 per share, payable September 30 to shareholders of record September 16. The annualized payout implies a yield of approximately 3.4%, which may appeal to income-focused investors. F&G Annuities & Life Declares Dividends on Common and Preferred Stock
  • Management is targeting an operating-expense ratio of approximately 45 basis points by the end of 2027. If achieved, the initiative could improve efficiency and profitability over time. F&G is also evaluating strategic alternatives for Peak, potentially creating value through a sale, restructuring or other transaction. F&G targets operating expense ratio and explores Peak alternatives
  • The second-quarter earnings call transcript provides additional detail on management’s outlook and the company’s expense and strategic priorities, but investors will likely focus on whether these plans translate into improved earnings. F&G Q2 2026 Earnings Call Transcript
  • F&G reported quarterly EPS of $0.65, below the $0.78 analyst consensus, while revenue of $1.42 billion also missed the $1.49 billion estimate. The company additionally reported an $81 million net loss attributable to common shareholders, or $0.62 per diluted share, compared with earnings of $35 million a year earlier. The earnings miss and year-over-year deterioration are the clearest reasons for investor caution. F&G Annuities & Life Reports Second Quarter 2026 Results