Streetbeat News

F&G Annuities & Life, Inc.

http://www.fglife.com

Industry

Insurance - Life

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.

Open

42.50

Mkt cap

5.4B

Volume

68K

High

42.69

P/E Ratio

8.74

52-wk high

50.75

Low

41.90

Div yield

0.02

52-wk low

34.90

F&G Annuities & Life (FG) experienced a significant 15% stock price decline over two days after announcing a secondary equity issuance. The timing and structure of the equity deal were considered unusual, potentially triggering market overreaction.

Portfolio Pulse from

March 22, 2025 | 2:45 pm

F&G Annuities & Life, Inc. has priced a public offering of 8,000,000 shares of common stock at $35.00 per share, with potential additional 1,200,000 shares through an underwriter option. Fidelity National Financial will purchase 4,500,000 shares. The offering is expected to close on March 24, 2025, with proceeds intended for general corporate purposes and supporting organic growth.

Portfolio Pulse from

March 20, 2025 | 11:45 pm

F&G Annuities & Life, Inc. has priced a public offering of 8,000,000 shares of common stock at $35.00 per share, with potential additional 1,200,000 shares through an underwriter option. Fidelity National Financial will purchase 4,500,000 shares. The company intends to use proceeds for general corporate purposes and supporting organic growth. The offering is expected to close on March 24, 2025.

Portfolio Pulse from

March 20, 2025 | 11:45 pm

Falcon Gold Corp. has released high-resolution images from its late 2024 exploration program at the Great Burnt Copper-Gold Project in Newfoundland, showcasing the first two drill holes.

Portfolio Pulse from

March 13, 2025 | 7:00 pm

F&G Annuities & Life, Inc. held its Q4 2024 earnings call, discussing financial results and company performance. Key participants included CEO Chris Blunt and CFO Wendy Young.

Portfolio Pulse from

February 21, 2025 | 6:30 pm

Falcon Gold Corp. has appointed Victor A. French, a renowned geologist, to lead its Great Burnt Copper-Gold Project in Newfoundland. This strategic move aims to enhance the project's development and exploration efforts.

Portfolio Pulse from

February 21, 2025 | 3:45 pm

F&G Annuities & Life, Inc. (FG) reported Q4 earnings of $1.12 per share, missing the Zacks Consensus Estimate of $1.26. This is an improvement from $0.60 per share a year ago.

Portfolio Pulse from

February 21, 2025 | 12:00 am

F&G Annuities & Life, Inc. (NYSE: FG) announced a leadership transition with Wendy Young moving from CFO to Chief Liability Officer and Conor Murphy being appointed as the new CFO, effective April 1, 2025.

Portfolio Pulse from

February 20, 2025 | 9:45 pm

F&G Annuities & Life, Inc. (NYSE: FG) reported strong financial results for Q4 and full year 2024, with net earnings of $323 million, or $2.50 per share, compared to a net loss in the same quarter of 2023.

Portfolio Pulse from

February 20, 2025 | 9:30 pm

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