F&G Annuities & Life (NYSE:FG) Shares Gap Up – Here’s Why

Posted by Geri Gentry on May 16th, 2026

F&G Annuities & Life, Inc. (NYSE:FG – Get Free Report) gapped up prior to trading on Thursday . The stock had previously closed at $28.09, but opened at $29.67. F&G Annuities & Life shares last traded at $29.6770, with a volume of 223,912 shares.

Analysts Set New Price Targets

Several research firms have issued reports on FG. Weiss Ratings reaffirmed a “hold (c)” rating on shares of F&G Annuities & Life in a report on Friday, March 27th. Barclays cut their price target on shares of F&G Annuities & Life from $31.00 to $27.00 and set an “equal weight” rating on the stock in a report on Wednesday, April 8th. Wall Street Zen lowered shares of F&G Annuities & Life from a “buy” rating to a “hold” rating in a report on Sunday, May 10th. Zacks Research raised shares of F&G Annuities & Life to a “hold” rating in a report on Thursday, May 7th. Finally, Raymond James Financial began coverage on shares of F&G Annuities & Life in a report on Wednesday, May 6th. They issued a “market perform” rating on the stock. Four investment analysts have rated the stock with a Hold rating, According to MarketBeat.com, F&G Annuities & Life currently has a consensus rating of “Hold” and an average target price of $30.00.

View Our Latest Analysis on FG

F&G Annuities & Life Stock Down 1.8%

The stock has a market capitalization of $3.72 billion, a PE ratio of 7.37 and a beta of 1.28. The company has a debt-to-equity ratio of 0.47, a current ratio of 0.29 and a quick ratio of 0.29. The business’s fifty day moving average price is $25.63 and its two-hundred day moving average price is $28.28.

F&G Annuities & Life (NYSE:FG – Get Free Report) last posted its earnings results on Wednesday, May 6th. The company reported $0.82 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.90 by ($0.08). The business had revenue of $2.25 billion for the quarter, compared to analyst estimates of $1.46 billion. F&G Annuities & Life had a net margin of 8.89% and a return on equity of 10.73%. On average, equities research analysts forecast that F&G Annuities & Life, Inc. will post 3.8 EPS for the current fiscal year.

F&G Annuities & Life Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Tuesday, June 30th. Investors of record on Tuesday, June 16th will be given a dividend of $0.25 per share. The ex-dividend date is Tuesday, June 16th. This represents a $1.00 dividend on an annualized basis and a yield of 3.6%. F&G Annuities & Life’s payout ratio is currently 26.25%.

F&G Annuities & Life declared that its board has initiated a share repurchase plan on Monday, March 16th that allows the company to buyback $100.00 million in shares. This buyback authorization allows the company to repurchase up to 3.1% of its stock through open market purchases. Stock buyback plans are typically a sign that the company’s board of directors believes its stock is undervalued.

Insiders Place Their Bets

In other F&G Annuities & Life news, CEO Christopher O. Blunt bought 10,000 shares of the firm’s stock in a transaction that occurred on Friday, March 13th. The stock was bought at an average cost of $20.99 per share, for a total transaction of $209,900.00. Following the completion of the transaction, the chief executive officer directly owned 1,107,128 shares of the company’s stock, valued at approximately $23,238,616.72. This trade represents a 0.91% increase in their position. The transaction was disclosed in a filing with the SEC, which is accessible through the SEC website. Also, Director Celina J. Wang Doka bought 4,760 shares of the firm’s stock in a transaction that occurred on Friday, March 13th. The shares were acquired at an average price of $20.98 per share, with a total value of $99,864.80. Following the completion of the transaction, the director directly owned 32,071 shares of the company’s stock, valued at $672,849.58. This trade represents a 17.43% increase in their ownership of the stock. The SEC filing for this purchase provides additional information. Insiders own 2.10% of the company’s stock.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently added to or reduced their stakes in the business. Elevated Capital Advisors LLC acquired a new position in F&G Annuities & Life during the fourth quarter valued at $27,000. Hantz Financial Services Inc. raised its position in shares of F&G Annuities & Life by 29,066.7% in the fourth quarter. Hantz Financial Services Inc. now owns 875 shares of the company’s stock worth $27,000 after acquiring an additional 872 shares during the period. GAMMA Investing LLC raised its position in shares of F&G Annuities & Life by 432.6% in the fourth quarter. GAMMA Investing LLC now owns 932 shares of the company’s stock worth $29,000 after acquiring an additional 757 shares during the period. Quadrant Capital Group LLC raised its position in shares of F&G Annuities & Life by 36,166.7% in the fourth quarter. Quadrant Capital Group LLC now owns 1,088 shares of the company’s stock worth $34,000 after acquiring an additional 1,085 shares during the period. Finally, Allworth Financial LP raised its position in shares of F&G Annuities & Life by 276.0% in the fourth quarter. Allworth Financial LP now owns 1,173 shares of the company’s stock worth $36,000 after acquiring an additional 861 shares during the period. 95.86% of the stock is currently owned by institutional investors and hedge funds.

F&G Annuities & Life Company Profile

(Get Free Report)

F&G Annuities & Life is the principal life insurance and annuity subsidiary of F&G Financial Group, Inc (NYSE: FG), a publicly traded financial services holding company headquartered in Des Moines, Iowa. The company focuses on designing and issuing retirement income solutions that address longevity risk, capital preservation, and wealth transfer for individual and institutional clients.

Its product suite includes fixed indexed annuities, which offer the potential for market-linked growth with downside protection; fixed-rate annuities, delivering guaranteed interest over a defined term; and a range of life insurance policies such as term, universal, and variable universal life.