This life insurer trades at a remarkably low 5.6x forward earnings with a PEG of 0.17 against 31% revenue growth and 216% free cash flow conversion, placing it among the most attractively valued growth franchises in the sector; however, the two most recent quarters both missed estimates, short interest is elevated at 13%, and the stock has already reached its analyst price target, making the bull case contingent on re-establishing earnings delivery.
Thesis pillars
- Deep Value Against Strong Growth→Stable
- Industry Leading Revenue Growth→Stable
- Exceptional Free Cash Conversion→Stable
- +2 more pillars — see the Why tab for full reasoning
F&G Annuities & Life, Inc. (FG) Stock Analysis
Recovery setup
Financial Services · Insurance - Life
Sell if holding. Analyst target reached at $28.38 — A.R:R is negative (-2.4) — price has exceeded the analyst target. Reward from here is too thin for a buy — the engine flags exit. Additional concerns: Consecutive earnings misses (2).
F&G Annuities & Life underwrites fixed indexed annuities, registered index-linked annuities, multi-year guaranteed annuities, indexed universal life, and pension risk transfer, serving 778,000 policyholders and 145,000 pension participants at December 31, 2025. Revenue comes... Read more
Sell if holding. Analyst target reached at $28.38 — A.R:R is negative (-2.4) — price has exceeded the analyst target. Reward from here is too thin for a buy — the engine flags exit. Additional concerns: Consecutive earnings misses (2). Chart setup: Death cross but MACD improving, RSI 48. Score 6.8/10, moderate confidence.
Passes 7/9 gates (positive momentum, clean insider activity, no SEC red flags, news events none recent, earnings proximity 31d clear, semi cycle peak clear, materials cycle peak clear). Fails on favorable risk/reward ratio. Suitability: aggressive.
Recent developments
updated 2026-07-07Recent Developments — F&G Annuities & Life, Inc.
Latest news
- NEWS PFA Pension Forsikringsaktieselskab Purchases New Position in F&G Annuities & Life, Inc. $FG - MarketBeat — MarketBeat neutral
- NEWS FG Imperii Acquisition (FGII) Stock Price, News & Analysis $FGII - MarketBeat — MarketBeat neutral
- NEWS Pictet Asset Management Holding SA Acquires New Position in F&G Annuities & Life, Inc. $FG - MarketBeat — MarketBeat positive
- NEWS F&G Annuities & Life (FG) Reports Q1: Everything You Need To Know Ahead Of Earnings - TradingView — TradingView neutral
- NEWS FG Nexus Dumps More Ethereum With Total Losses Crossing $80M - CoinMarketCap — CoinMarketCap negative
Generated 2026-07-07T10:21:36Z.
Upcoming dated catalysts
Thesis
Key Metrics
Quality Signals
Options Flow
Concentration Risks(10-K Item 1A)
- MEDIUMProductFIAs46%10-K Item 1: 'FIAs generated approximately 46% of our gross sales'
- MEDIUMGeographictop five states (CA, FL, PA, TX, NJ)40%10-K Item 1A: 'our top five states for the distribution of our products were California, Florida, Pennsylvania, Texas and New Jersey, which together accounted for 40% of our premiums'
- MEDIUMcounterpartyAspida Re10-K Item 1A: 'Aspida Re, Wilton Re, Somerset and Everlake represent our largest third-party reinsurance counterparty exposures'
Model-generated analysis — not investment advice. Not a registered investment advisor. Past performance does not guarantee future results.
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Rating Breakdown
2 ceiling hits
Price Targets
Position Sizing
Risk Alerts
Earnings
Verdict History
Frequently Asked Questions
Sell if holding. Analyst target reached at $28.38 — A.R:R is negative (-2.4) — price has exceeded the analyst target. Reward from here is too thin for a buy — the engine flags exit. Additional concerns: Consecutive earnings misses (2). Chart setup: Death cross but MACD improving, RSI 48. Prior stop was $26.44. Score 6.8/10, moderate confidence.
Take-profit target: $28.61 (+0.8% upside). Prior stop was $26.44. Stop-loss: $26.44.
Analyst target reached - limited upside remaining; Consecutive earnings misses (2).
F&G Annuities & Life, Inc. trades at a P/E of 7.2 (forward 5.4). TrendMatrix value score: 9.8/10. Verdict: Sell.
10 analysts cover FG with a consensus score of 2.1/5. Average price target: $27.
What does F&G Annuities & Life, Inc. do?F&G Annuities & Life underwrites fixed indexed annuities, registered index-linked annuities, multi-year guaranteed...
F&G Annuities & Life underwrites fixed indexed annuities, registered index-linked annuities, multi-year guaranteed annuities, indexed universal life, and pension risk transfer, serving 778,000 policyholders and 145,000 pension participants at December 31, 2025. Revenue comes from spread-based earnings on $57.6 billion in AUM and growing fee-based income from flow reinsurance and owned distribution. FGL Insurance's estimated RBC ratio was approximately 430% at year-end 2025.