F&G Annuities & Life Inc (FG)

Over the past six months, F&G's stock price has experienced a significant decline. The stock has been pressured by concerns surrounding its private credit exposure, which has led to a lower valuation. F&G reported Q4 2025 earnings miss, which led to a stock drop. The board approved a new three-year share repurchase program. Insiders have purchased stock, signaling management confidence. Wall Street Zen downgraded F&G from "buy" to "hold" in April 2026, and other firms have also cut ratings or targets, resulting in an average "Reduce" rating from analysts. F&G has declared dividends on its common and preferred stock.

The demand for F&G Annuities & Life's products and services is influenced by market conditions. The company reported strong demand for retirement savings products in Q3 and Q4 2025, contributing to increased gross sales. Opportunistic sales volumes for multi-year guaranteed annuities and funding agreements can vary quarter to quarter based on economic and market opportunities. Favorable market conditions and a strong focus on retirement planning can drive demand for their offerings.

F&G Annuities & Life, Inc. (FG) is a financial services company that provides insurance solutions to retail annuity and life customers, as well as institutional clients in the United States. The company was founded in 1959 and is headquartered in Des Moines, Iowa. F&G operates within the financial services sector, specifically in the life insurance industry. F&G's major products include fixed indexed annuities, multi-year guaranteed annuities, registered indexed-linked annuities, deferred annuities, immediate annuities, indexed universal life insurance, pension risk transfer solutions, and institutional funding agreements.

F&G Annuities & Life, Inc. serves the entire United States and the District of Columbia. In New York, products are offered through its wholly-owned subsidiary, Fidelity & Guaranty Life Insurance Company of New York.

F&G Annuities & Life maintains strong financial strength ratings from major agencies, which generally contribute positively to its brand reputation. F&G was ranked #1 for highest customer satisfaction among annuity providers in the U.S. by J.D. Power in 2023. However, an older review from January 2025 on the Better Business Bureau website showed a 1.3-star review out of five.

F&G Annuities & Life, Inc. has a significant institutional ownership presence. Fidelity National Financial, Inc. is the largest institutional and individual shareholder. Institutional shareholders own a significant portion of F&G, while F&G Annuities & Life insiders also own a notable percentage.