FG - FGL Holdings Stock Price, Fair Value and News

42.76+2.02 (+4.96%)Market Closed

Market Summary

42.76+2.02

Market Closed

4.96%

FG Alerts

Big jump in Revenue (Y/Y)

Big jump in Earnings (Y/Y)

FG Stock Price

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FG RSI Chart

FG Valuation

Market Cap

5.4B

Price/Earnings (Trailing)

21.41

Price/Sales (Trailing)

1.04

EV/EBITDA

9.26

Price/Free Cashflow

0.91

FG Price/Sales (Trailing)

FG Profitability

EBT Margin

-0.67%

Return on Equity

7.11%

Return on Assets

0.34%

Free Cashflow Yield

109.94%

FG Fundamentals

FG Revenue

Revenue (TTM)

5.2B

Rev. Growth (Yr)

80.55%

Rev. Growth (Qtr)

-2.67%

FG Earnings

Earnings (TTM)

252.0M

Earnings Growth (Yr)

158.97%

Earnings Growth (Qtr)

138.46%

Breaking Down FG Revenue

Last 7 days

5.2%

Last 30 days

21.2%

Last 90 days

-4.0%

How does FG drawdown profile look like?

FG Financial Health

Debt/Equity

0.49

Debt/Cashflow

3.39

FG Investor Care

Buy Backs (1Y)

0.19%

Diluted EPS (TTM)

1.97

Historical Charts for Stock Metrics

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Net sales

Year	Q1	Q2	Q3	Q4
2024	5.2B	0	0	0
2023	2.5B	3.6B	3.5B	4.5B
2022	3.6B	3.2B	2.8B	2.3B
2021	0	0	0	4.0B
2020	0	0	0	0

Get all data in R, Python etc through our Historical Stock Data APIs

Tracking the Latest Insider Buys and Sells of FGL Holdings

Filter Transactions

Datesorted ascending	Name	Buy/Sell	$ Value	Avg. Price	# Shares	Title
Apr 01, 2024	nolan michael joseph	acquired	25,032	40.44	619	-
Apr 01, 2024	ammerman douglas k	acquired	38,256	40.44	946	-
Apr 01, 2024	quirk raymond r	acquired	25,032	40.44	619	-
Mar 04, 2024	foley william p ii	sold (taxes)	-1,904,530	37.78	-50,411	executive chairman
Mar 01, 2024	young wendy j.b.	sold (taxes)	-239,412	37.78	-6,337	cfo
Mar 01, 2024	martin david edward	sold (taxes)	-59,843	37.78	-1,584	cro
Mar 01, 2024	punjabi leena	sold (taxes)	-63,470	37.78	-1,680	chief investment officer
Mar 01, 2024	currier john david jr.	sold (taxes)	-222,713	37.78	-5,895	president, retail markets
Dec 31, 2023	punjabi leena	acquired	-	-	44.00	chief investment officer
Dec 31, 2023	martin david edward	acquired	58,551	25.21	2,322	cro

Which funds bought or sold FG recently?

View All Details

Datesorted ascending	Fund Name	Type	% Chg	$ Change	$ Held	% Portfolio
May 16, 2024	Ancora Advisors LLC	reduced	-38.54	-5,022,140	5,937,090	0.14%
May 16, 2024	JANE STREET GROUP, LLC	added	9.67	-45,254	1,314,870	-%
May 16, 2024	COMERICA BANK	reduced	-26.41	-12,429	22,805	-%
May 16, 2024	CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM	reduced	-5.57	-154,434	767,084	-%
May 15, 2024	JANUS HENDERSON GROUP PLC	reduced	-87.23	-3,582,130	453,620	-%
May 15, 2024	DIVIDEND ASSETS CAPITAL, LLC	sold off	-100	-	-	-%
May 15, 2024	Arbiter Partners Capital Management LLC	sold off	-100	-917,608	-	-%
May 15, 2024	KENNEDY CAPITAL MANAGEMENT LLC	reduced	-3.93	-2,571,010	14,215,500	0.29%
May 15, 2024	GOLDMAN SACHS GROUP INC	added	15.94	70,565	3,269,040	-%
May 15, 2024	Royal Bank of Canada	reduced	-68.48	-270,000	104,000	-%

Are Funds Buying or Selling FG?

Are funds buying FG calls or puts?

Calls

Puts

No. of funds holding Calls - Puts

Net Call Options

No. of funds that own FG

No. of Funds

Recent SEC filings of FGL Holdings

View All Filings

Date Filed	Form Type	Document
May 16, 2024	424B5	Prospectus Filed
May 13, 2024	8-K	Current Report
May 10, 2024	10-Q	Quarterly Report
May 08, 2024	8-K	Current Report
Apr 26, 2024	10-K/A	Annual Report
Apr 03, 2024	4	Insider Trading
Apr 03, 2024	4	Insider Trading
Apr 03, 2024	4	Insider Trading
Mar 06, 2024	4	Insider Trading
Mar 05, 2024	4	Insider Trading

FGL Holdings News

Latest updates

FGL Holdings Earnings Report: Key Takeaways & Analysis

Income Statement (Last 12 Months)

(In Millions)

(*) denotes actual numbers (not divided by Millions)
Income Statement (Quarterly)															(In Millions)
Description	(%) Q/Q	2024Q1	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q2
Revenue	-2.7%	1,569	1,612	851	1,168	869	627	902	70.00	750	-	-	-	-	-	-
EBITDA Margin	-6.0%	0.10*	0.11*	0.36*	0.34*	0.48*	0.49*	0.67*	0.59*	0.52*	0.47*	-	-	-	-	-
Interest Expenses	15.4%	30.00	26.00	24.00	25.00	22.00	6.00	6.00	9.00	8.00	-	-	-	-	-	-
Income Taxes	134.2%	26.00	-76.00	74.00	33.00	-8.00	-96.00	51.00	97.00	106	-	-	-	-	-	-
EBT Margin	13.5%	-0.01*	-0.01*	0.23*	0.22*	0.32*	0.34*	0.56*	0.49*	0.44*	0.39*	-	-	-	-	-
Net Income	138.5%	115	-299	306	130	-195	-176	187	385	239	-	-	-	-	-	-
Net Income Margin	476.0%	0.05*	-0.01*	0.02*	-0.02*	0.08*	0.27*	0.45*	0.39*	0.35*	0.31*	-	-	-	-	-
Free Cashflow	-31.0%	1,534	2,222	795	1,380	1,437	1,283	1,160	305	423	-	-	-	-	-	-

Balance Sheet

(In Millions)

(*) denotes actual numbers (not divided by Millions)
Balance Sheet							(In Millions)
Description	(%) Q/Q	2024Q1	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2021Q4
Assets	6.0%	74,434	70,202	63,623	62,587	59,414	54,628	48,730
Cash Equivalents	51.8%	2,372	1,563	1,742	1,688	1,584	960	1,533
Goodwill	15.3%	2,017	1,749	1,749	1,749	1,749	1,749	1,756
Liabilities	5.4%	70,751	67,099	61,251	60,069	56,929	52,223	44,245
Long Term Debt	-0.3%	1,748	1,754	1,569	1,571	1,572	1,114	977
Shareholder's Equity	14.3%	3,546	3,103	2,372	2,518	2,485	2,405	5,034
Retained Earnings	4.4%	2,011	1,926	2,252	1,971	1,866	2,061	1,001
Additional Paid-In Capital	8.1%	3,442	3,185	3,178	3,173	3,167	3,162	2,750
Shares Outstanding	-0.1%	126	126	125	126	126	126	105
Float	-	-	-	-	409	-	-	-

Cashflow (Last 12 Months)

(In Thousands)

(*) denotes actual numbers (not divided by Thousands)
Cashflow (Quarterly)															(In Thousands)
Description	(%) Q/Q	2024Q1	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q2
Cashflow From Operations	-31.0%	1,534,000	2,222,000	795,000	1,380,000	1,437,000	1,283,000	1,160,000	305,000	423,000	-	-	-	-	-	-
Share Based Compensation	-100.0%	-	7,000	5,000	6,000	5,000	3,000	3,000	3,000	3,000	-	-	-	-	-	-
Cashflow From Investing	57.6%	-1,384,000	-3,264,000	-1,408,000	-1,838,000	-2,408,000	-3,165,000	-2,168,000	-1,849,000	-2,188,000	-	-	-	-	-	-
Cashflow From Financing	-23.6%	659,000	863,000	667,000	562,000	1,595,000	1,458,000	1,400,000	1,368,000	1,400,000	-	-	-	-	-	-
Dividend Payments	-100.0%	-	26,000	25,000	25,000	25,000	-	-	-	-	-	-	-	-	-	-
Buy Backs	-	6,000	-	2,000	16,000	-	-	-	-	-	-	-	-	-	-	-

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FG Income Statement

2024-03-31

CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($)
shares in Thousands, $ in Millions

3 Months Ended

Mar. 31, 2024

Mar. 31, 2023

Revenues

Life insurance premiums and other fees

$ 718

$ 365

Interest and investment income

616

519

Owned distribution revenues

Recognized gains and (losses), net

212

(15)

Total revenues

1,569

869

Costs and Expenses [Abstract]

Benefits and other changes in policy reserves (remeasurement gains (losses)

^[1]

1,161

812

Market risk benefit (gains) losses

(11)

Depreciation and amortization

123

Personnel costs

Other operating expenses

Interest expense

Total benefits and expenses

1,427

1,072

Earnings (loss) before income taxes

142

(203)

Income tax expense (benefit)

(8)

Net earnings (loss)

116

(195)

Less: Noncontrolling interests

Net earnings (loss) attributable to F&G

115

(195)

Less: Preferred stock dividend

Net earnings (loss) attributable to F&G common shareholders

$ 111

$ (195)

Basic

Net earnings (loss) attributable to F&G common shareholders, basic (in usd per share)

$ 0.90

$ (1.56)

Diluted

Net earnings (loss) per share attributable to F&G common shareholders, diluted (in usd per share)

$ 0.88

$ (1.56)

Weighted average shares outstanding F&G common stock, basic basis (in shares)

124,000

125,000

Weighted average shares outstanding F&G common stock, diluted basis (in shares)

130,000

125,000

[1]	The remeasurement gains (losses) for the three months ended March 31, 2024 and March 31, 2023 were $7 million and $(4) million, respectively.

FG Balance Sheet

2024-03-31

CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($) $ in Millions	Mar. 31, 2024	Dec. 31, 2023
Investments:
Fixed maturity securities available for sale, at fair value, at March 31, 2024 and December 31, 2023, at an amortized cost of $45,792 and $43,601, respectively, net of allowance for credit losses of $33 and $35, respectively	$ 42,631	$ 40,419
Derivative investments	1,024	797
Mortgage loans, net of allowance for credit losses of $67 and $66 at March 31, 2024 and December 31, 2023, respectively	5,440	5,336
Investments in unconsolidated affiliates (certain investments at fair value of $343 and $285 at March 31, 2024 and December 31, 2023, respectively)	3,367	3,071
Other long-term investments	634	608
Short-term investments	263	1,452
Total investments	53,878	52,289
Cash and cash equivalents	2,372	1,563
Reinsurance recoverable, net of allowance for credit losses of $21 and $21 at March 31, 2024 and December 31, 2023, respectively	10,112	8,960
Goodwill	2,017	1,749
Prepaid expenses and other assets	980	931
Other intangible assets, net	4,612	4,207
Market risk benefits asset	95	88
Income taxes receivable	23	27
Deferred tax asset	345	388
Total assets	74,434	70,202
Liabilities:
Contractholder funds	50,875	48,798
Future policy benefits	7,441	7,050
Market risk benefits liability	425	403
Accounts payable and accrued liabilities	2,237	2,011
Notes payable	1,748	1,754
Funds withheld for reinsurance liabilities	8,025	7,083
Total liabilities	70,751	67,099
Equity:
Preferred stock $0.001 par value; authorized 25,000,000 shares as of March 31, 2024 and December 31, 2023; outstanding and issued 5,000,000 and 0 shares as of March 31, 2024 and December 31, 2023, respectively	0	0
Common stock, $0.001 par value; authorized 500,000,000 shares as of March 31, 2024 and December 31, 2023; outstanding 126,149,030 and 126,332,142 as of March 31, 2024 and December 31, 2023, respectively; and issued 127,177,857 and 127,234,902 as of March 31, 2024 and December 31, 2023, respectively	0	0
Additional paid-in capital	3,442	3,185
Retained earnings	2,011	1,926
Accumulated other comprehensive income (loss)	(1,883)	(1,990)
Treasury stock, at cost (1,028,827 shares and 902,760 shares as of March 31, 2024 and December 31, 2023)	(24)	(18)
Total F&G Annuities & Life, Inc. shareholders' equity	3,546	3,103
Noncontrolling interests	137	0
Total equity	3,683	3,103
Total liabilities and equity	74,434	70,202
Preferred Stock
Investments:
Preferred and equity securities, at fair value	381	469
Equity Securities
Investments:
Preferred and equity securities, at fair value	$ 138	$ 137

About FGL Holdings

F&G Annuities & Life, Inc. provides fixed annuities and life insurance products in the United States. It serves retail annuity and life customers, as well as institutional clients. The company portfolio includes fixed indexed annuities, multi-year guarantee annuities, and pension risk transfer solution, as well as indexed universal life insurance and institutional funding agreements. 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. operates as a subsidiary of Fidelity National Financial, Inc.

CEO	Mr. Christopher Owsley Blunt
WEBSITE	fglife.com
INDUSTRY	Insurance Property & Casualty
EMPLOYEES	880

FGL Holdings Frequently Asked Questions

What is the ticker symbol for FGL Holdings? What does FG stand for in stocks?

FG is the stock ticker symbol of FGL Holdings. Every public company that trades on a stock exchange gets a ticker symbol.

What is the market capital of FGL Holdings (FG)?

As of Fri May 17 2024, market cap of FGL Holdings is 5.39 Billion. The market capitalization is calculated by multiplying the stock price with the number of shares outstanding.

What is the fair value of FG stock?

You can check FG's fair value in chart for subscribers.

What is the fair value of FG stock?

You can check FG's fair value in chart for subscribers. The fair value of FGL Holdings is provided for various growth and macro-economic scenarios from very pessimiatic to very optimistic assumptions. These fair values are estimates from Grufity's Fair Value model based on company's past performance. However, past performance of FGL Holdings is no guarantee of future performance. These fairvalue estimates should only be used as one of the inputs in your stock analysis. We provide model's historical fair value estimates for FG so that you know how good or bad the model has been in the past so you can discard it if needed. There are others that provide fair values of stocks such as wallmine, finbox, gurufocus and finviz. Most provide point in time estimates. We provide a history of our models fair value estimates so that you can get a sense of it's usefulness. Otherwise this data point is of little use.

Is FGL Holdings a good stock to buy?

The fair value guage provides a quick view whether FG is over valued or under valued. Whether FGL Holdings is cheap or expensive depends on the assumptions which impact FGL Holdings's fair value. We provide several scenarios of inflation and growth to encompass these range of assumptions for FG.

What is FGL Holdings's Price to Earnings (PE) and Price to sales (PS) ratio?

As of Fri May 17 2024, FG's PE ratio (Price to Earnings) is 21.41 and Price to Sales (PS) ratio is 1.04. The price to earnings and price to sales ratio are two most important valuation metrics for any company. PE ratio tell us the number of years of earnings investors are ready to pay for owning the company. Historically, S&P500 price to earnings ratio has fallen below 12 during periods of gloom and gone past 30 during periods of euphoria. FG PE ratio will change depending on the future growth rate expectations of investors.