NYSE:FGFGL Stock Price, Forecast & News

$8.24

+0.48 (+6.18 %)

(As of 05/29/2020 04:00 PM ET)

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Today's Range

$7.74

Now: $8.25▼

$8.30

50-Day Range

$8.47

MA: $10.24▼

$10.65

52-Week Range

$6.31

Now: $8.25▼

$12.46

Volume3.58 million shs

Average Volume5.34 million shs

Market Capitalization$1.83 billion

P/E RatioN/A

Dividend Yield0.47%

Beta0.69

FGL Holdings sells individual life insurance products and annuities in the United States. The company offers deferred annuities, including fixed indexed annuity contracts and fixed rate annuity contracts; immediate annuities; and life insurance products. It also provides reinsurance on asset intensive, long duration life, and annuity liabilities, such as fixed, deferred and payout annuities, long-term care, group long-term disability, and cash value life insurance. The company sells its products through independent agents, managing general agents, and specialty brokerage firms, as well as various institutional markets. FGL Holdings is headquartered in Des Moines, Iowa.

Beat the Market (BTM) Rank^™

3.0 Analyst's Opinion

Consensus Rating
FGL has received a consensus rating of Hold. The company's average rating score is 2.00, and is based on no buy ratings, 5 hold ratings, and no sell ratings.
Price Target Upside/Downside
According to analysts' consensus price target of $10.50, FGL has a potential upside of 27.3% from its current price of $8.25.
Amount of Analyst Coverage
FGL has only been the subject of 1 research reports in the past 90 days.

2.1 Community Rank

Outperform Votes
FGL has received 141 “outperform” votes. (Add your “outperform” vote.)
Underperform Votes
FGL has received 187 “underperform” votes. (Add your “underperform” vote.)
Community Sentiment
FGL has received 57.01% “underperform” votes from our community.

MarketBeat's community ratings are surveys of what our community members think about FGL and other stocks. Vote “Outperform” if you believe FG will outperform the S&P 500 over the long term. Vote “Underperform” if you believe FG will underperform the S&P 500 over the long term. You may vote once every thirty days.

3.3 Dividend Strength

Dividend Leadership
FGL is a leading dividend payer. It pays a dividend yield of 0.47%, putting its dividend yield in the top 25% of dividend-paying stocks.
Dividend Growth
FGL does not have a long track record of dividend growth.
Dividend Coverage
The dividend payout ratio of FGL is 2.70 %. This payout ratio is at a healthy, sustainable level, below 75%.
Dividend Sustainability
Based on earnings estimates, FGL will have a dividend payout ratio of 2.38 % next year. This indicates that FGL will be able to sustain or increase its dividend.

1.0 Company Ownership

Insider Buying vs. Insider Selling
In the past three months, FGL insiders have sold 9,999,001.89% more of their company's stock than they have bought. Specifically, they have bought $53.00 in company stock and sold $5,299,524.00 in company stock.
Percentage Held by Insiders
Only 15.10% of the stock of FGL is held by insiders.
Percentage Held by Institutions
79.18% of the stock of FGL is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

1.9 Earnings and Valuation

Earnings Growth
Earnings for FGL are expected to grow by 41.18% in the coming year, from $1.19 to $1.68 per share.
Price to Earnings Ratio vs. the Market
The P/E ratio of FGL is -48.50, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.
Price to Earnings Ratio vs. Sector
The P/E ratio of FGL is -48.50, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.
Price to Book Value per Share Ratio
FGL has a P/B Ratio of 3.87. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities.

Overall Beat the Market Rank^™

2.26 out of 5 stars

Industry, Sector and Symbol

Stock Exchange NYSE

Industry Life insurance

Sub-IndustryN/A

SectorFinance

Current SymbolNYSE:FG

Previous Symbol

CUSIPN/A

CIKN/A

Webwww.fglife.bm

Phone34-59-475-61

Debt

Debt-to-Equity Ratio1.15

Current Ratio0.20

Quick Ratio0.20

Price-To-Earnings

Trailing P/E RatioN/A

Forward P/E Ratio6.93

P/E GrowthN/A

Sales & Book Value

Annual Sales$2.11 billion

Price / Sales0.87

Cash Flow$0.24 per share

Price / Cash Flow34.77

Book Value$2.13 per share

Price / Book3.87

Profitability

EPS (Most Recent Fiscal Year)$1.48

Net Income$507 million

Net Margins23.99%

Return on Equity14.61%

Return on Assets0.82%

Miscellaneous

Employees309

Outstanding Shares221,970,000

Market Cap$1.83 billion

Next Earnings Date8/5/2020 (Estimated)

OptionableNot Optionable

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FGL (NYSE:FG) Frequently Asked Questions

How has FGL's stock been impacted by COVID-19 (Coronavirus)?

FGL's stock was trading at $11.20 on March 11th, 2020 when COVID-19 (Coronavirus) reached pandemic status according to the World Health Organization (WHO). Since then, FG stock has decreased by 26.4% and is now trading at $8.2450. View which stocks have been most impacted by Coronavirus.

Do Wall Street analysts recommend investors buy shares of FGL?

5 Wall Street analysts have issued "buy," "hold," and "sell" ratings for FGL in the last year. There are currently 5 hold ratings for the stock, resulting in a consensus recommendation of "Hold." View analyst ratings for FGL.

When is FGL's next earnings date?

FGL is scheduled to release its next quarterly earnings announcement on Wednesday, August 5th 2020. View our earnings forecast for FGL.

How were FGL's earnings last quarter?

FGL Holdings (NYSE:FG) posted its quarterly earnings data on Wednesday, May, 6th. The company reported $0.15 earnings per share for the quarter, missing the Zacks' consensus estimate of $0.35 by $0.20. The business had revenue of $357 million for the quarter, compared to the consensus estimate of $398 million. FGL had a net margin of 23.99% and a return on equity of 14.61%. During the same quarter in the prior year, the business earned $0.37 earnings per share. View FGL's earnings history.

How often does FGL pay dividends? What is the dividend yield for FGL?

FGL announced a quarterly dividend on Wednesday, May 6th. Stockholders of record on Tuesday, May 26th will be given a dividend of $0.01 per share on Monday, June 8th. This represents a $0.04 annualized dividend and a yield of 0.49%. The ex-dividend date of this dividend is Friday, May 22nd. View FGL's dividend history.

What price target have analysts set for FG?

5 brokers have issued twelve-month price objectives for FGL's stock. Their forecasts range from $9.00 to $12.50. On average, they anticipate FGL's share price to reach $10.50 in the next twelve months. This suggests a possible upside of 27.3% from the stock's current price. View analysts' price targets for FGL.

Has FGL been receiving favorable news coverage?

News coverage about FG stock has been trending somewhat positive this week, according to InfoTrie Sentiment Analysis. InfoTrie identifies negative and positive media coverage by reviewing more than six thousand blog and news sources. The firm ranks coverage of companies on a scale of negative five to positive five, with scores closest to five being the most favorable. FGL earned a daily sentiment score of 0.7 on InfoTrie's scale. They also assigned news stories about the company a news buzz of 10.0 out of 10, indicating that recent media coverage is extremely likely to have an effect on the stock's share price in the near future. View the latest news aboutFGL.

Are investors shorting FGL?

FGL saw a decline in short interest in May. As of May 15th, there was short interest totaling 24,930,000 shares, a decline of 5.3% from the April 30th total of 26,330,000 shares. Based on an average trading volume of 4,260,000 shares, the short-interest ratio is presently 5.9 days. Approximately 12.2% of the company's shares are short sold. View FGL's Current Options Chain.

Who are some of FGL's key competitors?

Some companies that are related to FGL include Reinsurance Group of America (RGA), Voya Financial (VOYA), Scor (SCRYY), Athene (ATH), AMP (AMP), Primerica (PRI), Brighthouse Financial (BHF), American Equity Investment Life (AEL), American National Insurance (ANAT), Genworth Financial (GNW), FBL Financial Group (FFG), National Western Life Group (NWLI), Independence (IHC), Citizens (CIA) and Kansas City Life Insurance (KCLI). View all competitors.

What other stocks do shareholders of FGL own?

Based on aggregate information from My MarketBeat watchlists, some companies that other FGL investors own include AT&T (T), Honeywell International (HON), Johnson & Johnson (JNJ), Verizon Communications (VZ), Alibaba Group (BABA), Altria Group (MO), Procter & Gamble (PG), CVS Health (CVS), Home Depot (HD) and Thermo Fisher Scientific (TMO).

Who are FGL's key executives?

FGL's management team includes the following people:

Mr. Chinh E. Chu, Founder & Co-Exec. Chairman (Age 52)
Mr. William Patrick Foley II, Co-Founder & Co-Exec. Chairman (Age 74)
Mr. Dennis Robert Vigneau, Chief Financial Officer (Age 52)
Mr. Eric Lund Marhoun Esq., Gen. Counsel & Sec. (Age 56)
Mr. John Alden Phelps II, Sr. VP & Chief Distribution Officer of FGLIC & FGLICNY (Age 59)

What is FGL's stock symbol?

FGL trades on the New York Stock Exchange (NYSE) under the ticker symbol "FG."

Who are FGL's major shareholders?

FGL's stock is owned by many different institutional and retail investors. Top institutional investors include BlackRock Inc. (9.86%), Kingstown Capital Management L.P. (4.96%), State Street Corp (2.07%), CNH Partners LLC (1.75%), Citigroup Inc. (0.93%) and Pentwater Capital Management LP (0.76%). Company insiders that own FGL stock include Blackstone Group Inc, Bonnie Wasgatt, Christopher J Littlefield, Christopher O Blunt, Dennis Vigneau, Eric L Marhoun, John David Jr Currier, Jonathan Bayer, Patrick Baird, Richard N Massey and Timothy Martin Walsh. View institutional ownership trends for FGL.

Which major investors are selling FGL stock?

FG stock was sold by a variety of institutional investors in the last quarter, including BlackRock Inc., Nuveen Asset Management LLC, Chicago Equity Partners LLC, Invesco Ltd., Two Sigma Investments LP, ArrowMark Colorado Holdings LLC, Driehaus Capital Management LLC, and Victory Capital Management Inc.. Company insiders that have sold FGL company stock in the last year include Eric L Marhoun, John David Jr Currier, and Jonathan Bayer. View insider buying and selling activity for FGL.

Which major investors are buying FGL stock?

FG stock was bought by a variety of institutional investors in the last quarter, including Kingstown Capital Management L.P., CNH Partners LLC, Citigroup Inc., Pentwater Capital Management LP, Grantham Mayo Van Otterloo & Co. LLC, Alpine Associates Management Inc., SG Americas Securities LLC, and Water Island Capital LLC. Company insiders that have bought FGL stock in the last two years include Blackstone Group Inc, Bonnie Wasgatt, Christopher J Littlefield, Christopher O Blunt, Dennis Vigneau, Eric L Marhoun, Patrick Baird, Richard N Massey, and Timothy Martin Walsh. View insider buying and selling activity for FGL.

How do I buy shares of FGL?

Shares of FG can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.

What is FGL's stock price today?

One share of FG stock can currently be purchased for approximately $8.25.

How big of a company is FGL?

FGL has a market capitalization of $1.83 billion and generates $2.11 billion in revenue each year. The company earns $507 million in net income (profit) each year or $1.48 on an earnings per share basis. FGL employs 309 workers across the globe.

What is FGL's official website?

The official website for FGL is www.fglife.bm.

How can I contact FGL?

FGL's mailing address is 4th Floor Boundary Hall Cricket Square, Grand Cayman E9, KY1-1102. The company can be reached via phone at 34-59-475-61 or via email at [email protected]

This page was last updated on 5/29/2020 by MarketBeat.com Staff