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
Financial Services · Insurance - Life
Sell if holding. Analyst target reached at $24.87 — A.R:R is negative (-0.7) — price has exceeded the analyst target. Reward from here is too thin for a buy — the engine flags exit. Additional concerns: V7 low-quality RISK_OFF penalty: -0.5 (Q=4.1).
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 $24.87 — A.R:R is negative (-0.7) — price has exceeded the analyst target. Reward from here is too thin for a buy — the engine flags exit. Additional concerns: V7 low-quality RISK_OFF penalty: -0.5 (Q=4.1). Chart setup: No clear chart pattern; technical signals are mixed. Score 5.6/10, moderate confidence.
Passes 7/9 gates (positive momentum, clean insider activity, no SEC red flags, news events none recent, earnings proximity 62d clear, semi cycle peak clear, materials cycle peak clear). Fails on favorable risk/reward ratio. Suitability: aggressive.
Recent developments
updated 2026-09-04Recent Developments — F&G Annuities & Life, Inc.
Latest news
- NEWS FG Imperii Acquisition Corp. Revenue Breakdown – NASDAQ:FGIIU - TradingView — TradingView neutral
- NEWS F&G ANNUITIES & LIFE ($FG) Releases Q2 2026 Earnings - Quiver Quantitative — Quiver Quantitative neutral
- NEWS F&G ANNUITIES & LIFE ($FG) Releases Q2 2026 Earnings - quiverquant.com — quiverquant.com neutral
- NEWS F&G Annuities earnings on deck after first-quarter stumble - Investing.com — Investing.com neutral
- NEWS F&G Annuities & Life Inc (FG) Revenue Breakdown: Business Segments, Regional Revenue & Profit Contribution - TradingKey — TradingKey neutral
Generated 2026-09-04T13:22:02Z.
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.
Show full disclosure ▾Hide full disclosure ▴
About TrendMatrix. TrendMatrix is a publisher of general securities research and market commentary. We publish on a regular schedule. All content is the same for every subscriber in a tier — we do not provide personalized investment advice and we do not take into account any individual subscriber's financial situation, investment objectives, risk tolerance, tax situation, or holdings.
Not investment advice. TrendMatrix is not a registered investment adviser. Our content is for informational and educational purposes only. Consult your own licensed investment adviser, broker, or tax professional before making any investment decision.
Conflicts and positions. The TrendMatrix editorial team frequently holds personal long-term positions in securities discussed. We disclose positions held at the time of publication on each piece. We maintain a trading-window policy: we do not initiate or close positions in the same direction as a TrendMatrix publication within 24 hours before or 72 hours after publication.
No paid promotion. TrendMatrix does not accept payment from any issuer, broker, or third party in exchange for coverage of any security. Our sole compensation is subscription revenue.
No fiduciary duty. No fiduciary, advisory, or agency relationship is created between you and TrendMatrix by reading our content or subscribing to our service.
Performance. Past performance is not indicative of future results. Performance figures reflect the published model only and do not reflect any individual subscriber's actual results.
Rating Breakdown
1 floor-breaker·1 ceiling hit
No near-term catalyst priced in. Thesis progression will come from fundamentals grinding, not event reaction.static
Price Targets
Position Sizing
Risk Alerts
Earnings
Verdict History
Frequently Asked Questions
Sell if holding. Analyst target reached at $24.87 — A.R:R is negative (-0.7) — price has exceeded the analyst target. Reward from here is too thin for a buy — the engine flags exit. Additional concerns: V7 low-quality RISK_OFF penalty: -0.5 (Q=4.1). Chart setup: No clear chart pattern; technical signals are mixed. Prior stop was $23.13. Score 5.6/10, moderate confidence.
Take-profit target: $28.82 (-7.7% upside). Prior stop was $23.13. Stop-loss: $23.13.
Analyst target reached - limited upside remaining; V7 low-quality RISK_OFF penalty: -0.5 (Q=4.1); Consecutive earnings misses (3).
F&G Annuities & Life, Inc. trades at a P/E of 7.9 (forward 5.1). TrendMatrix value score: 9.9/10. 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.