FG · F&G Annuities & Life, Inc.
$23.56
-1.99 (-7.79%)
At close · Aug 19
Market Cap
$3.13B
Shares
130.94M
Price & Indicators
20d MA
50d MA
200d MA
Earnings
Filing
Insider
Congress
Investor day
Close$23.56
Open$25.69
Day$23.55–25.70
52W close$20.69–35.33
Avg vol 30d664K
Short int3.2M · 2.5% float · 4.6d
Short vol67%
Last earningsJul 8, 2026
DataNov 2022–Aug 2026
Filing10-Q · Aug 6
Up next
Next earnings call
Sep 30, 2026
Est · unconfirmed
· in 6 wks
FQ3-26 quarter ends
~Sep 30, 2026
Est
filed Aug 6, 2026
AI Brief
TL;DR.
Bullish
Bearish
From the call
AI-generated from the earnings call and 8-K · may contain errors · not investment advice
Ask ALVIS about this →Equibles Rating
blended score · not investment adviceOverall
Sell
SellHoldBuy
Technical
Sell
Momentum
Very Weak
Sentiment
Neutral
Fundamentals
Fair
Quant / Vol
Very High
Market backdrop
VIX 14.9 · calm
Equity put/call 0.52
Technical
price trend
50 / 200-day cross
No cross
Price vs 200-day avg
−16%
below
Price vs 50-day avg
−17%
below
RSI (14)
26
oversold
MACD trend
Negative
52-week position
20%
mid-range
Volume (OBV)
Confirms
volume backs price
Momentum
relative strength
1-month return
−21%
trailing
6-month return
0%
trailing
YTD return
−24%
this year
Relative strength
−12%
vs S&P · 6-mo
Sentiment
smart money
Trend (MA cross)
No cross
50d $28 › 200d $28 — 50d above 200d
Institutional flow
Distributing
-3% holders QoQ · +57 funds added
Insider flow
Flat
No net insider activity over 90 days
Short interest
Falling
2.46% of float · ▼ -31.0% MoM · 4.6 days cover
Volume signal
Normal
Volume near normal
Institution breadth
Steady
325 holders — mid 3-yr range
Squeeze score
35
low risk · 0–100
Fundamentals
Revenue growth
−0%
Y/Y
EPS growth
−61%
Y/Y
Valuation
P/E 8
below peers
Buyback
$62.0M
authorized
Balance sheet
$751.0M
net debt
Quant / Vol
risk profile
Volatility
39%
annualized · 1-yr
Max drawdown
−41%
past year
ATR
4.9%
of price · 14-day
Blended from price, momentum, positioning, fundamentals & volatility · daily-close · not investment advice. Market backdrop is context, not part of the score.
Guidance & track record
Latest guidance
· from the 8-K filed Jul 8, 2026
Investment income from alternative investments
· three months ended June 30, 2026
$56M – $66M
Prior guidance
period ended
· from the Earnings Call filed Sep 30, 2024
EBITDA of owned distribution portfolio
· 2024
$65M – $70M
Guidance from company 8-Ks · delivered figures from as-reported statements · no analyst estimates involved.
Technicals
trend & momentum for long-term holders Sell
50 / 200-day cross
No cross
Neutral
Price vs 200-day avg
−16%
Bearish
Price vs 50-day avg
−17%
Bearish
RSI (14)
26
Neutral
MACD trend
Negative
Bearish
52-week position
20%
Neutral
Volume (OBV)
Confirms
Neutral
Market signals — smart money & positioning
Mixed
Trend (MA cross)
No cross
50d $28 › 200d $28 — 50d above 200d
Institutional flow
Distributing
-3% holders QoQ · +57 funds added
Insider flow
Flat
No net insider activity over 90 days
Short interest
Falling
2.46% of float · ▼ -31.0% MoM · 4.6 days cover
Volume signal
Normal
Volume near normal
Institution breadth
Steady
325 holders — mid 3-yr range
Price context
position in its 52-week range
Range low $21
Now $24 · 20%
Range high $35
vs 200-day avg -16%
vs 50-day avg -17%
Illustrative technical + ownership context — a signal mix, not investment advice.
Key metrics
the company's own KPIs, from written earnings releases and filings| Metric | Latest | Period | YoY |
|---|---|---|---|
| AAUM YTD non-GAAP | $56.94B | Six months ended June 30, 2026 | — |
| Adj. ROA non-GAAP | 0.68% | 2Q26 | — |
| Adj. ROE non-GAAP | 8% | 2Q26 | — |
| Adjusted net earnings non-GAAP | $195M | Six months ended June 30, 2026 | — |
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| Adjusted net earnings (ANE) non-GAAP | $85M | 2Q26 | -17.5% |
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| Adjusted net earnings attributable to common shareholders non-GAAP | $195M | Six months ended June 30, 2026 | — |
| Adjusted net earnings attributable to common shareholders - rolling four quarters non-GAAP | $483M | Twelve months ended June 30, 2026 | — |
| Adjusted net earnings per share non-GAAP | $1.49 | Six months ended June 30, 2026 | — |
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| Adjusted return on assets (ROA) non-GAAP | 0.68% | 2Q26 | — |
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| Adjusted return on assets attributable to common shareholders non-GAAP | 0.68% | Annualized year to date June 30, 2026 | — |
| Adjusted return on average equity (ex. AOCI) non-GAAP | 8% | second quarter | — |
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| Adjusted return on equity (ROE) non-GAAP | 8% | 2Q26 | — |
| Adjusted weighted average diluted shares non-GAAP | 130M | 2Q26 | — |
| AUM before reinsurance non-GAAP | $74.69B | June 30, 2026 | — |
GAAP → non-GAAP reconciliationGAAP AUM 55.87B
+18.82B Reinsurance
= AUM before reinsurance 74.69B
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| Average assets under management (AAUM) | 56.9B | 2Q26 | — |
| Average assets under management (AAUM) YTD non-GAAP | $56.94B | Six months ended June 30, 2026 | — |
| Book value per share ex AOCI non-GAAP | $45.93 | 2Q26 | — |
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GAAP → non-GAAP reconciliationGAAP Book value per common share excluding AOCI - As of December 31, 2025 $44.43
+$0.1 Effect of F&G Life Re (Bermuda) sale (one-time item)
+$1.05 Adjusted net earnings and other
+$0.27 Capital actions
+$0.08 Mark-to-market movement
= Book value per common share, excluding AOCI $45.93
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| Capital Return to Shareholders | $195M | 1H26 | — |
| Capital returned to shareholders | $128M | second quarter | — |
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| Common shares repurchased | 4.5M | first half of 2026 | — |
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| Core institutional sales | 0.2B | 2Q26 | — |
| Core retail sales | 1.8B | 2Q26 | — |
| Core sales | $3.96B | Six months ended June 30, 2026 | — |
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| Fixed rate annuities ("MYGA") non-GAAP | $284M | Six months ended June 30, 2026 | — |
| Funding agreements ("FABN/FHLB") non-GAAP | $1.65B | Six months ended June 30, 2026 | — |
| Gross sales | $5.89B | Six months ended June 30, 2026 | — |
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| Gross Sales: Core Retail | $1.8B | 2Q26 | — |
| Indexed annuities ("FIA/RILA") non-GAAP | $3.32B | Six months ended June 30, 2026 | — |
| Indexed universal life ("IUL") non-GAAP | $86M | Six months ended June 30, 2026 | — |
| Net flow reinsurance to third parties | -$1.49B | Six months ended June 30, 2026 | — |
| Net inforce reinsurance to third parties | -$1.81B | Six months ended June 30, 2026 | — |
| Net new business asset flows | $1.6B | Six months ended June 30, 2026 | — |
| Net sales | $3.71B | Six months ended June 30, 2026 | — |
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| Operating expense ratio (bps) non-GAAP | 47 | QE 2Q26 | — |
| Opportunistic sales | $1.93B | Six months ended June 30, 2026 | — |
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| Pension risk transfer ("PRT") non-GAAP | $549M | Six months ended June 30, 2026 | — |
| Retained AUM | 55.9B | QE 2Q26 | — |
| Sales attributable to flow reinsurance to third parties non-GAAP | -$2.18B | Six months ended June 30, 2026 | — |
| Total F&G equity attributable to common shareholders, excluding AOCI non-GAAP | $6.02B | June 30, 2026 | — |
GAAP → non-GAAP reconciliationGAAP Total F&G Annuities & Life, Inc. shareholders' equity 4.61B
-250M Less: Preferred stock
+1.66B Less: AOCI
= Total F&G equity attributable to common shareholders, excluding AOCI 6.02B
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| Total F&G Equity ex AOCI non-GAAP | $6B | 2Q26 | — |
| Total net deposits | $1.44B | Six months ended June 30, 2026 | — |
| Yield on AAUM non-GAAP | 5.07% | Six months ended June 30, 2026 | — |
| Assets under management before reinsurance | 74.5B | first quarter | — |
| Retained assets under management | 56.4B | first quarter | — |
| Assets under management (AUM) | $57.57B | Q4 2025 | — |
| AUM before flow reinsurance | $73.09B | Q4 2025 | — |
GAAP → non-GAAP reconciliationGAAP AUM 57.57B
+15.52B Flow reinsurance
= AUM before flow reinsurance 73.09B
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| Estimated risk-based capital (RBC) ratio | 430% | Q4 2025 | — |
Figures exactly as the company stated them in writing · click a metric with a to chart its history · period links open the stating document · "filing" marks figures stated in the 10-K/10-Q · YoY needs an exactly comparable prior-year period
Versus peers
Insurance - Life — same industry group| Company | Mkt cap | YTD | Rev growth Y/Y | P/E | Short % shares |
|---|---|---|---|---|---|
|
FG
this stock
F&G Annuities & Life, Inc.
|
$3.13B | -23.6% | -0.2% | 8.0 | 2.5% |
|
CILJF
China Life Insurance Co Ltd
|
$97.80B | +0.4% | — | — | 0.0% |
|
MFC
Manulife Financial Corp
|
$73.51B | +19.7% | — | — | 0.8% |
|
MET
Metlife Inc
|
$61.44B | +20.5% | +8.6% | 18.5 | 1.8% |
|
AFL
Aflac Inc
|
$61.03B | +5.7% | -9.3% | 13.1 | 2.5% |
Peers by industry group · P/E from as-reported trailing EPS · short % is of shares outstanding
At a glance
key data from every sectionOwnership
Short & Settlement
Financials
Filings
Performance
| 5D | 20D | 120D | MTD | YTD | |
|---|---|---|---|---|---|
| FG | -11.4% | -21.1% | -0.1% | -17.5% | -23.6% |
| SPY | -0.4% | +2.9% | +11.6% | +3.0% | +12.8% |
| vs SPY | -11.0% | -24.0% | -11.7% | -20.5% | -36.4% |
Capital returns
Latest dividend
$0.25
/ share · ex Jun 16, 2026
Declared · upcoming
$0.25
/ share · ex Sep 16, 2026
Paid (TTM)
$0.97
/ share · 4 payouts
Dividend yield (TTM, derived)
4.12%
Buyback programs
· 2 active
· as of Jun 30, 2026
Authorized (total)
$62.00M
Spent (derived)
—
Remaining
—
Dividends per share over the trailing 365 days by ex-date · buyback figures as last reported in SEC filings ("spent" derived as authorized − remaining; when several programs run concurrently, authorized is their combined total per the newest filing) · components shown separately — trailing-year buyback spend isn't tracked, so no combined shareholder yield is derived.
Key facts
CIK
1934850
CUSIP
30190A104
13F (30d)
303 filings
285 filers
Visit website
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