F&G Annuities & Life (NYSE:FG) Releases Quarterly Earnings Results

F&G Annuities & Life (NYSE:FG) posted its quarterly earnings data on Thursday. The company reported $1.12 earnings per share for the quarter, missing the consensus estimate of $1.25 by ($0.13), Zacks reports. The company had revenue of $1.56 billion during the quarter, compared to the consensus estimate of $1.34 billion. F&G Annuities & Life had a return on equity of 13.05% and a net margin of 0.22%.

F&G Annuities & Life Stock Performance

Shares of FG stock opened at $40.08 on Friday. The company has a market capitalization of $5.05 billion, a P/E ratio of -667.89 and a beta of 1.66. F&G Annuities & Life has a fifty-two week low of $34.90 and a fifty-two week high of $50.75. The company has a debt-to-equity ratio of 0.46, a quick ratio of 0.25 and a current ratio of 0.25. The stock has a 50 day moving average price of $43.37 and a two-hundred day moving average price of $43.27.

Analyst Upgrades and Downgrades

Separately, Barclays raised their price target on F&G Annuities & Life from $46.00 to $47.00 and gave the company an “equal weight” rating in a research report on Monday, January 6th.

F&G Annuities & Life Company Profile

F&G Annuities & Life, Inc engages in the provision of fixed annuity and life insurance products. It specializes in life insurance, annuities, retirement planning and wealth transfer. The company was founded in 1959 and is headquartered in Des Moines, IA.