F&G Annuities & Life (FG) to Release Quarterly Earnings on Monday

F&G Annuities & Life (NYSE:FG) is set to release its earnings data after the market closes on Monday, August 5th. Analysts expect F&G Annuities & Life to post earnings of $0.98 per share for the quarter. Investors that wish to listen to the company’s conference call can do so using this link.

F&G Annuities & Life (NYSE:FG) last released its quarterly earnings data on Wednesday, May 8th. The company reported $0.86 EPS for the quarter, missing the consensus estimate of $0.89 by ($0.03). The company had revenue of $1.57 billion during the quarter, compared to analyst estimates of $1.21 billion. F&G Annuities & Life had a net margin of 4.85% and a return on equity of 13.22%. On average, analysts expect F&G Annuities & Life to post $4 EPS for the current fiscal year and $5 EPS for the next fiscal year.

F&G Annuities & Life Stock Performance

NYSE FG opened at $38.29 on Friday. F&G Annuities & Life has a 52-week low of $26.04 and a 52-week high of $48.71. The stock has a market cap of $4.83 billion, a PE ratio of 19.54 and a beta of 1.20. The firm has a 50-day moving average of $40.17 and a 200-day moving average of $40.52. The company has a debt-to-equity ratio of 0.47, a quick ratio of 0.21 and a current ratio of 0.21.

F&G Annuities & Life Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Monday, September 30th. Shareholders of record on Monday, September 16th will be given a dividend of $0.21 per share. The ex-dividend date of this dividend is Monday, September 16th. This represents a $0.84 annualized dividend and a yield of 2.19%. F&G Annuities & Life’s dividend payout ratio (DPR) is presently 42.86%.

Analyst Ratings Changes

Separately, Piper Sandler lowered their target price on F&G Annuities & Life from $43.00 to $42.00 and set a “neutral” rating on the stock in a research note on Friday, June 28th.

About F&G Annuities & Life

F&G Annuities & Life, Inc provides fixed annuities and life insurance products in the United States. The company portfolio includes fixed indexed annuities, multi-year guarantee annuities, and pension risk transfer solution, as well as indexed universal life insurance, institutional funding agreements, and index-linked annuities.