F&G Annuities & Life Inc. Common Stock (FG)

FairStock Score: 50/100 — MIXED

Key Financials

AI Analysis

AI-generated, general educational analysis — not personal investment advice.

I look at F&G as an insurer, so I judge book value, returns on capital, leverage, and underwriting/credit risk—not free cash flow. The company sells annuities and life products through independent agents, banks, and broker-dealers: understandable, but competitive, and I see no clear durable moat from the limited data. At the 2026-10-13 close of $19.09, FairStock calculates P/B 0.54, P/E 6.28, ROE 9.17%, ROCE 0.44%, D/E 0.49, a 4.33% dividend yield, and a FairStock score of 50/100. That is statistically cheap, but the earnings record is lumpy. In fiscal year 2023, the period ended 2023-12-31, net loss was $58.0M and diluted EPS -$0.47. In fiscal year 2024, ended 2024-12-31, net income was $639.0M and diluted EPS $4.88. In fiscal year 2025, ended 2025-12-31, net income was $265.0M and diluted EPS $1.88. In fiscal Q1 2026, the quarter ended 2026-03-31, net income was $248.0M and diluted EPS $1.78; in fiscal Q2 2026, the quarter ended 2026-06-30, net loss was $76.0M and diluted EPS -$0.62. One quarter can swing results, so a low multiple may be a warning as much as an opportunity. FairStock's computed Lynch category is TURNAROUND—returned to profit after a loss within three years—and its Piotroski F-Score is 5/9. I would need CET1, net interest margin, combined ratio, reserve and investment-credit detail, none of which are in the data. Without them, the discount to book is interesting but unverifiable.

In plain English: F&G sells annuities and life insurance in the United States. The business has been profitable over the past few years, but results swing around, and it lost money in the most recent quarter. The stock looks cheap compared with its book value and earnings, though the uneven results mean it may not be as much of a bargain as the low price suggests.

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Data as of 2026-10-13 close · note generated 2026-10-15 · model deepseek-flash

Sources (SEC EDGAR): fiscal Q2 2026 10-Q (period ended 2026-06-30) · fiscal Q1 2026 10-Q (period ended 2026-03-31) · fiscal Q3 2025 10-Q (period ended 2025-09-30) · fiscal Q2 2025 10-Q (period ended 2025-06-30) · FY2025 10-K (period ended 2025-12-31) · FY2024 10-K (period ended 2024-12-31) · FY2023 10-K (period ended 2023-12-31)

Fundamentals from company filings and market-data providers; prices are end-of-day, not real-time. AI-generated analysis is general and educational — not personal investment advice. Scoring methodology · Score test · Disclaimer