F&G Annuities & Life (NYSE:FG) Stock Price Up 1.6%

F&G Annuities & Life, Inc. (NYSE:FG - Get Free Report) shot up 1.6% during trading on Friday . The company traded as high as $37.31 and last traded at $37.14. 50,653 shares were traded during trading, a decline of 55% from the average session volume of 112,594 shares. The stock had previously closed at $36.54.

Analyst Ratings Changes

A number of analysts have recently weighed in on FG shares. Stephens raised their price target on shares of F&G Annuities & Life from $36.00 to $47.00 and gave the company an "equal weight" rating in a report on Monday, December 18th. Piper Sandler started coverage on shares of F&G Annuities & Life in a report on Friday, December 22nd. They issued a "neutral" rating and a $48.00 price target on the stock.

F&G Annuities & Life Stock Up 0.5 %

The business's 50 day moving average is $40.33 and its 200 day moving average is $39.38. The company has a market capitalization of $4.64 billion, a price-to-earnings ratio of -76.48 and a beta of 1.21. The company has a debt-to-equity ratio of 0.57, a quick ratio of 0.21 and a current ratio of 0.21.

F&G Annuities & Life (NYSE:FG - Get Free Report) last released its earnings results on Wednesday, February 21st. The company reported $0.60 EPS for the quarter, missing analysts' consensus estimates of $1.02 by ($0.42). The company had revenue of $1.61 billion during the quarter, compared to analyst estimates of $1.18 billion. F&G Annuities & Life had a positive return on equity of 12.33% and a negative net margin of 1.29%. Sell-side analysts anticipate that F&G Annuities & Life, Inc. will post 4.38 earnings per share for the current year.

F&G Annuities & Life Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Friday, March 29th. Investors of record on Friday, March 15th were paid a $0.21 dividend. This represents a $0.84 dividend on an annualized basis and a yield of 2.29%. The ex-dividend date of this dividend was Thursday, March 14th. F&G Annuities & Life's dividend payout ratio (DPR) is presently -175.00%.

Institutional Trading of F&G Annuities & Life

A number of institutional investors have recently bought and sold shares of FG. CVA Family Office LLC purchased a new position in F&G Annuities & Life during the 4th quarter worth approximately $25,000. Chilton Capital Management LLC purchased a new position in F&G Annuities & Life during the 1st quarter worth approximately $29,000. Acadian Asset Management LLC purchased a new position in F&G Annuities & Life during the 1st quarter worth approximately $30,000. Vestcor Inc purchased a new position in F&G Annuities & Life during the 4th quarter worth approximately $32,000. Finally, Ameritas Investment Partners Inc. purchased a new position in F&G Annuities & Life during the 2nd quarter worth approximately $38,000. 95.86% of the stock is currently owned by institutional investors and hedge funds.

F&G Annuities & Life Company Profile

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.