F&G Annuities & Life, Inc. (FG) AI Stock Analysis

F&G Annuities & Life, Inc. is a provider of fixed annuities and life insurance products across the United States. Established in 1959 and based in Des Moines, Iowa, the company serves retail annuity and life insurance customers as well as institutional clients. F&G Annuities & Life, Inc. operates as a subsidiary of Fidelity National Financial, Inc. Its core offerings include fixed annuities designed to provide individuals with guaranteed periodic payments for retirement income, along with life insurance solutions providing protection and financial benefits to policyholders and beneficiaries.

Over a five-year period from FY2020 to FY2025, revenue expanded at a compound annual growth rate of 32.0%. Annual revenue reached $5.73B in FY2025 with 5.7% growth, down from 26.9% growth and $5.42B in FY2024. Operating margin stood at 5.6% in FY2025 compared to 14.4% in FY2024, while net income declined to $265.0M from $639.0M. For the trailing twelve months ending June 30, 2026, revenue totaled $6.07B with a profit margin of 6.9% and an operating margin of -3.7%. In the latest quarter ending June 30, 2026, quarterly revenue grew 4.2% year-over-year, while quarterly earnings declined 64.2%.

As of June 30, 2026, F&G Annuities & Life, Inc. held $2.65B in cash and short-term investments against total debt of $2.24B, resulting in net cash of $409.0M. Shareholders' equity was $4.61B against total assets of $103.59B, reflecting a debt-to-equity ratio of 0.49 and a current ratio of 0.93. In FY2025, operating cash flow was $4.68B and free cash flow was $4.67B. Capital allocation in FY2025 included $15.0M for capital expenditures, $10.0M for share buybacks, and $137.0M in dividends paid.

At a last close of $19.57 on October 16, 2026, the company holds a market cap of $2.56B and an enterprise value of $2.99B. F&G Annuities & Life trades at a trailing P/E of 6.5x and a forward P/E of 4.9x, both below the median of its US-listed Financial Services peers of 12.1x and 10.8x. Its price-to-sales multiple of 0.4x is also lower than the peer median of 3.2x. Over the past year, the stock fell 30.0%, lagging the S&P 500 return of 16.8%.

F&G Annuities & Life pays a quarterly dividend with an annual forward dividend of $1.00, yielding 5.11%. The dividend payout ratio stands at 27.8%, and the company has paid dividends for 4 consecutive years. Its last ex-dividend date occurred on September 16, 2026.

Wall Street coverage comprises 0 Strong Buy, 0 Buy, 2 Hold, 0 Sell, and 0 Strong Sell ratings. The mean price target is $24.00, representing a 22.6% increase over the last close of $19.57. For the fiscal year ending December 31, 2026, analysts estimate revenue of $2.99B and an EPS of $2.91, representing an EPS decline of 20.1%. The company has beaten EPS estimates in 1 of the last 4 quarters, with the next earnings date scheduled for November 5, 2026.

This page is an AI-written research summary of F&G Annuities & Life, Inc. (FG). The text was generated on October 30, 2026 from Quotelinks data as of October 16, 2026 (company profile, annual results, latest balance sheet, valuation, price performance and analyst estimates). An automatic check rejects any draft that contains a figure not found in that data. It is not investment advice; verify figures on the linked tabs before making decisions.

Related: FG income statement, FG balance sheet, FG key metrics, FG analyst forecast, FG chart. See the FG stock overview for the latest quote and news.