F&G Annuities & Life, Inc. (FGN) Stock Analysis
For informational purposes only. Not financial advice. Analysis by Sedat ANAK, Founder & Editor-in-Chief | AI-powered analysis. Data sourced from SEC filings and institutional-grade financial providers. Editorially reviewed. Not financial advice.
F&G Annuities & Life, Inc. (FGN) trades at $24.77 with AI Score 76/100 (Grade A). F&G Annuities & Life, Inc. Market cap: $4.42B, Sector: Financial services.
Price as of Aug 20, 2026 · Last analyzed: May 10, 2026Analyst Coverage for FGN: FGN does not currently have published analyst price targets in our coverage universe. This is common for smaller-cap names with limited Wall Street coverage. In the absence of analyst consensus, our AI model evaluates FGN against Financial Services peers across nine fundamental dimensions and assigns a relatively strong fundamental profile based on the underlying data.
FGN: 2/3 scored disciplines lean bullish. Dominant signal: Seth Klarman bullish.
How is this calculated? →Why this analysis is different
- A sector-relative MoonshotScore — five pillars (business quality, financial safety, valuation, growth durability, momentum) re-ranked nightly against the full universe of US-listed common stocks.
- An AI Council read across up to eight perspectives — value, macro, quantitative, and momentum lenses — that shows where they disagree instead of averaging the tension away.
- Figures come straight from FMP and Yahoo Finance filings data. The AI writes the narrative around the numbers — it never edits the numbers.
F&G Annuities & Life, Inc. (FGN) Financial Services Profile
F&G Annuities & Life, Inc. provides fixed annuity and life insurance products, focusing on retirement planning and wealth transfer. Founded in 1959 and headquartered in Des Moines, Iowa, F&G operates within the life insurance sector, balancing growth with a dividend yield of 3.32% and a beta of 0.29.
What Is the Investment Thesis for FGN?
F&G Annuities & Life, Inc. presents a compelling investment case based on its established position in the fixed annuity and life insurance market. The company's focus on retirement planning and wealth transfer aligns with the demographic trend of an aging population seeking secure income streams. With a P/E ratio of 7.0 and a dividend yield of 3.32%, F&G offers a blend of value and income potential. Key growth catalysts include expanding distribution channels and introducing innovative product offerings. However, potential risks include interest rate sensitivity and regulatory changes impacting the insurance industry. The company's ability to maintain its profit margin of 9.1% and effectively manage its beta of 0.29 will be crucial for sustained growth.
Based on FMP financials and quantitative analysis
FGN Key Highlights
Market capitalization of $4.42B reflects F&G's significant presence in the life insurance and annuity market.
- P/E ratio of 7.0 indicates a potentially undervalued stock compared to its earnings.
- Dividend yield of 3.32% provides an attractive income stream for investors.
- Profit margin of 9.1% demonstrates the company's ability to generate profits from its operations.
- Beta of 0.29 suggests lower volatility compared to the overall market.
Who Are FGN's Competitors?
FGN is benchmarked below against 8 industry peers on price, market cap, and our AI MoonshotScore.
| Company | Price | Change | Market Cap | AI Score |
|---|---|---|---|---|
| LNC Lincoln National Corporation | $42.42 | -2.44% | $8.12B | 37 |
| MCY Mercury General Corporation | $104.31 | -1.89% | $5.78B | 98 |
| CNO CNO Financial Group, Inc. | $53.30 | -2.24% | $4.98B | 77 |
| LAZ Lazard Ltd | $45.21 | +2.61% | $4.41B | 56 |
| RDN Radian Group Inc. | $36.66 | +0.83% | $4.87B | 90 |
| ELFIF E-L Financial Corporation Limited | $12.73 | +0.32% | $4.41B | 46 |
| AEL American Equity Investment Life Holding Company | $56.47 | +0.55% | $4.49B | 64 |
| CFIGF Challenger Limited | $5.60 | +0.00% | $3.82B | 47 |
AI Score by Stock Expert AI · Price data: FMP / Yahoo Finance
What Are FGN's Key Strengths?
Strong position in the fixed annuity market.
- Established distribution network.
- Experienced management team.
- Solid capital base.
What Are FGN's Weaknesses?
Limited product diversification compared to larger competitors.
- Sensitivity to interest rate fluctuations.
- Dependence on independent agents for distribution.
- Potential for regulatory changes to impact profitability.
What Could Drive FGN Stock Higher?
FGN catalyst: Potential interest rate hikes by the Federal Reserve could increase the profitability of fixed annuity products.
- Expansion of distribution partnerships with independent agents and financial advisors.
- Development and launch of new annuity and life insurance products with innovative features.
- Increasing demand for retirement income solutions due to the aging population.
What Are the Key Risks for FGN?
Financial-distress signal — its Altman Z-Score of 0.14 sits in the distress zone (elevated bankruptcy risk).
- Inconsistent delivery — missed Wall Street EPS estimates in 5 of the last 8 reported quarters.
- Economic downturn could reduce demand for annuity and life insurance products.
- Regulatory changes could increase compliance costs and impact profitability.
- Competition from larger insurance companies with greater resources.
- Fluctuations in interest rates could impact the profitability of fixed annuity products.
What Are the Growth Opportunities for FGN?
- Expanding Distribution Channels: F&G can grow by expanding its distribution network through partnerships with independent agents, financial advisors, and broker-dealers. The market for annuities and life insurance is vast, with trillions of dollars in assets under management. By increasing its reach, F&G can tap into new customer segments and increase its market share. Timeline: Ongoing.
- Product Innovation: F&G can develop and introduce new annuity and life insurance products that cater to evolving customer needs and preferences. This includes offering products with innovative features, such as inflation protection, long-term care riders, and guaranteed lifetime income options. The market for innovative insurance products is growing, as customers seek solutions that address their specific financial challenges. Timeline: Ongoing.
- Strategic Acquisitions: F&G can pursue strategic acquisitions of smaller insurance companies or annuity providers to expand its market presence and product offerings. The insurance industry is consolidating, and acquisitions can provide F&G with access to new markets, technologies, and talent. Timeline: Ongoing.
- Digital Transformation: F&G can invest in digital technologies to improve its customer experience, streamline its operations, and reduce its costs. This includes developing mobile apps, online portals, and automated underwriting systems. The market for digital insurance solutions is growing rapidly, as customers demand convenient and personalized services. Timeline: Ongoing.
- Capitalizing on Favorable Demographics: The aging population and increasing number of retirees presents a significant growth opportunity for F&G. As more people enter retirement, the demand for fixed annuities and other retirement income solutions will increase. F&G is well-positioned to capitalize on this trend by offering products that provide guaranteed income and financial security. Timeline: Ongoing.
What Are FGN's Competitive Advantages?
- Established brand reputation in the annuity and life insurance market.
- Extensive distribution network of independent agents and financial advisors.
- Strong capital base to support policyholder obligations.
- Expertise in managing and investing assets to generate investment income.
What Does FGN Do?
F&G Annuities & Life, Inc., established in 1959, has evolved into a provider of fixed annuity and life insurance products. Headquartered in Des Moines, Iowa, the company focuses on delivering solutions for life insurance, annuities, retirement planning, and wealth transfer. F&G's core business revolves around offering fixed annuities, which provide a guaranteed income stream during retirement, and life insurance policies designed to protect families and individuals against financial loss due to death. These products cater to individuals seeking stable and predictable financial outcomes, particularly in retirement. F&G operates primarily within the United States, distributing its products through a network of independent agents and financial advisors. The company's competitive positioning is built on its ability to offer competitive rates, product innovation, and strong customer service. With a market capitalization of $4.42B, F&G maintains a significant presence in the life insurance and annuity market, serving a diverse customer base seeking financial security and retirement solutions.
What Products and Services Does FGN Offer?
- Provides fixed annuity products for retirement income.
- Offers life insurance policies for financial protection.
- Specializes in retirement planning solutions.
- Facilitates wealth transfer strategies.
- Manages and invests premiums to ensure policyholder benefits.
- Distributes products through independent agents and financial advisors.
How Does FGN Make Money?
- Generates revenue from premiums paid by policyholders.
- Invests premiums in a diversified portfolio of assets to generate investment income.
- Manages expenses and claims to maintain profitability.
- Distributes products through a network of independent agents and financial advisors.
What Industry Does FGN Operate In?
F&G Annuities & Life, Inc. operates within the life insurance and annuity sector, which is characterized by increasing demand for retirement income solutions. The market is influenced by factors such as interest rates, regulatory changes, and demographic shifts. Competitors include Lincoln National Corporation (LNC), CNO Financial Group, Inc. (CNO), and other established players. F&G differentiates itself through its focus on fixed annuities and its distribution network. The industry is expected to experience moderate growth, driven by the aging population and the increasing need for retirement planning services.
Who Are FGN's Key Customers?
- Individuals seeking retirement income solutions.
- Families seeking financial protection through life insurance.
- Individuals planning for wealth transfer to future generations.
- Retirees looking for guaranteed income streams.
F&G Annuities & Life, Inc. Financial Trajectory
F&G Annuities & Life, Inc. (FGN) reported $1.42B in revenue for Q2 2026, reflecting 19.7% growth compared to the prior quarter. The company recorded a net loss of $76.0M, with diluted EPS of $-0.62. Quarter-over-quarter revenue has been mixed, typical for a mid-cap company operating in Financial Services. Across the four most recent quarters, FGN averaged $0.73 in diluted EPS.
Company Profile
F&G Annuities & Life, Inc. operates in the Insurance - Life industry within the Financial Services sector. It is headquartered in Des Moines, US. The company is led by CEO Conor Murphy. FGN has traded publicly since 2023.
How F&G Annuities & Life, Inc. Is Valued
F&G Annuities & Life, Inc. carries a market capitalization of $4.42B, placing it in the mid-cap category. Relative to its peer group, FGN's quantitative score of 76/100 is roughly in line with the peer average of 72/100.
Key Financial Metrics
Return on equity for F&G Annuities & Life, Inc. stands at 11.4%, a gauge of how efficiently it converts shareholder capital into profit. Return on assets is 0.5%, showing how much profit it generates from its asset base. FGN trades at a trailing price-to-earnings ratio of 7.03, below the Financial Services sector average of ~18x. A current ratio of 2.67 indicates the company holds enough short-term assets to cover its near-term obligations. Its earnings yield is 14.2%, the inverse of the P/E and a quick read on earnings relative to price.
Financial Health
F&G Annuities & Life, Inc.'s Piotroski F-Score is 6/9, a 9-point checklist of profitability, leverage and efficiency — a middling fundamental profile. Its Altman Z-Score of 0.14 places it in the distress zone, a signal of elevated financial risk.
Earnings Track Record
F&G Annuities & Life, Inc. has missed Wall Street's EPS estimate in 5 of its last 8 reported quarters — a mixed record worth weighing. Reported results have landed about 2.7% below estimates on average.
Forward Outlook
Wall Street analysts project F&G Annuities & Life, Inc. revenue of about $6.01B for fiscal 2026, with EPS near $5.51.
FGN Financials
Fundamental Snapshot
Based on FMP financials and quantitative analysis · FY 2025
Bull Case vs Bear Case
Bull Case
- Strong position in the fixed annuity market.
- Established distribution network.
- Experienced management team.
- Solid capital base.
Bear Case
- Limited product diversification compared to larger competitors.
- Sensitivity to interest rate fluctuations.
- Dependence on independent agents for distribution.
- Potential for regulatory changes to impact profitability.
AI-generated arguments based on insider flow, news sentiment and technicals — not financial advice · August 2026
Recent Quarterly Results
| Quarter | Revenue | Net Income | EPS |
|---|---|---|---|
| Q2 2026 | $1.42B | -$76M | -$0.62 |
| Q1 2026 | $1.19B | $249M | $1.78 |
| Q4 2025 | $1.76B | $128M | $0.89 |
| Q3 2025 | $1.69B | $118M | $0.85 |
Based on FMP financials and quantitative analysis
FGN Latest News
No recent news available for FGN.
FGN Analyst Consensus
Consensus Rating
Aggregated Buy/Hold/Sell recommendations from Benzinga, Yahoo Finance, and Finnhub for FGN.
Price Targets
Wall Street price target analysis for FGN.
FGN MoonshotScore
What does this score mean?
The MoonshotScore rates FGN 0-100 on quantitative fundamentals — growth, financial health, valuation, momentum, and risk.
Leadership: Christopher Owsley Blunt
CEO
Christopher Owsley Blunt serves as the CEO of F&G Annuities & Life, Inc., bringing extensive experience in the financial services and insurance industries. Prior to joining F&G, Blunt held leadership positions at various prominent financial institutions, including serving as President of Transamerica's Individual Solutions division. His career spans decades of strategic leadership, focusing on driving growth, enhancing operational efficiency, and delivering value to shareholders. Blunt's expertise encompasses product development, distribution management, and financial planning. He is known for his strategic vision and commitment to innovation.
Track Record: Under Christopher Owsley Blunt's leadership, F&G Annuities & Life, Inc. has focused on expanding its market presence and enhancing its product offerings. He has overseen the implementation of strategic initiatives aimed at improving customer experience and driving profitable growth. Blunt has also emphasized the importance of maintaining a strong capital base and managing risk effectively. His leadership has contributed to F&G's ability to navigate the challenges of the insurance industry and deliver consistent results.
What Investors Ask About F&G Annuities & Life, Inc. (FGN) — Financial Services
What does the AI Score mean for FGN?
FGN holds an AI Score of 76/100 (Grade: A). This is an educational research signal, not a buy or sell recommendation. F&G Annuities & Life, Inc. specializes in fixed annuity and life insurance products, focusing on retirement planning and wealth transfer solutions. With a history dating back to 1959, the company …
What does F&G Annuities & Life, Inc. do?
F&G Annuities & Life, Inc. specializes in providing fixed annuity and life insurance products designed to help individuals achieve their retirement and financial security goals. The company offers a range of fixed annuities that provide a guaranteed income stream during retirement, as well as life insurance policies that offer financial protection to families and beneficiaries.
What do analysts say about FGN stock?
Analyst coverage of F&G Annuities & Life, Inc. (FGN) typically focuses on the company's growth prospects, profitability, and capital management. Key valuation metrics include the P/E ratio of 7.0, which indicates how the market values the company's earnings, and the dividend yield of 3.32%, which reflects the return to shareholders.
What are the main risks for FGN?
F&G Annuities & Life, Inc. faces several key risks, including interest rate risk, regulatory risk, and competition risk. Interest rate risk arises from the company's exposure to fluctuations in interest rates, which can impact the profitability of its fixed annuity products.
What are the key factors to evaluate for FGN?
F&G Annuities & Life, Inc. (FGN) holds an AI score of 76/100 (high). P/E: 7.0x vs the S&P 500's ~20-25x. Not financial advice.
How frequently does FGN data refresh on this page?
FGN's price was last updated on Aug 20, 2026 and refreshes on page view during U.S. market hours — it is not a real-time exchange feed. Fundamentals update after quarterly filings; the MoonshotScore recalculates nightly; news aggregates continuously.
What has driven FGN's recent stock price performance?
F&G Annuities & Life, Inc. (FGN) moves on earnings results, analyst revisions, sector rotation, and market sentiment. Notable catalyst: Strong position in the fixed annuity market. See the News tab for the latest drivers. Past performance does not predict future results.
Should investors consider FGN overvalued or undervalued right now?
F&G Annuities & Life, Inc. (FGN) trades at 7.0x earnings. Compare P/E, P/S, and EV/EBITDA against sector peers for a full view.
How do I research FGN before investing?
Before investing in F&G Annuities & Life, Inc. (FGN), research these four areas: (1) the company's revenue model and competitive position (see Company Overview), (2) financial health through revenue growth, margins, and cash flow (see MoonshotScore), (3) analyst consensus ratings and price targets (see Analyst tab), and (4) specific risk factors that could impact the stock (see Risk Factors section).
Disclaimer: This content is for informational purposes only and does not constitute investment advice. Always do your own research and consult a financial advisor.
Official Resources
Data provided for informational purposes only.
- Information is based on available data and may be subject to change.
- Financial metrics are as of the latest reporting period.