FG Stock Recent News

DES MOINES, Iowa , June 4, 2024 /PRNewswire/ -- F&G Annuities & Life, Inc. (NYSE: FG) ("F&G" or the "Company") today announced the early tender results of the previously announced cash tender offer (the "Tender Offer") of its wholly-owned subsidiary Fidelity & Guaranty Life Holdings, Inc. ("FGLH") for up to $250,000,000 aggregate principal amount (the "Maximum Amount") of FGLH's 5.50% Senior Notes due 2025 (the "Notes").  The Tender Offer was made pursuant to an Offer to Purchase (the "Offer to Purchase"), dated May 20, 2024, which sets forth the terms and conditions of the Tender Offer.

DES MOINES, Iowa , May 20, 2024 /PRNewswire/ -- F&G Annuities & Life, Inc. (NYSE: FG) ("F&G" or the "Company") today announced the commencement of a cash tender offer (the "Tender Offer") by its wholly owned subsidiary Fidelity & Guaranty Life Holdings, Inc. ("FGLH"), for up to $250,000,000 aggregate principal amount (as may be increased by FGLH in its sole discretion, the "Maximum Amount") of FGLH's 5.50% Senior Notes due 2025 (the "Notes") at purchase prices per $1,000 principal amount of the Notes as calculated in accordance with the table below and in accordance with, and subject to the terms and conditions set forth in, an Offer to Purchase, dated today (the "Offer to Purchase"), pursuant to which the Tender Offer is being made.  Holders (the "Holders") whose Notes are purchased pursuant to the Tender Offer will be paid accrued and unpaid interest on the Notes from, and including, the most recent interest payment date for the Notes prior to the applicable Payment Date to, but no

F&G Annuities & Life, Inc (NYSE:FG ) Q1 2024 Results Conference Call May 9, 2024 9:00 AM ET Company Participants Lisa Foxworthy-Parker - SVP, Investor and External Relations Chris Blunt - Chief Executive Officer Wendy Young - Chief Financial Officer Conference Call Participants John Barnidge - Piper Sandler Wes Carmichael - Autonomous Mark Hughes - Truist Securities Operator Ladies and gentlemen, good morning, and welcome to F&G's First Quarter Earnings Call. [Operator Instructions] As a reminder, this conference call is being recorded.

F&G Annuities & Life, Inc. (FG) came out with quarterly earnings of $0.86 per share, missing the Zacks Consensus Estimate of $0.89 per share. This compares to earnings of $0.39 per share a year ago.

F&G Annuities & Life, Inc. (FG) Q4 2023 Earnings Call Transcript

December saw no new preferred stock offerings but two new ETD offerings with dividend yields ranging from 7.95% to 8%. CDx3 preferreds, ranked 10 out of 10, are selling at an average discount to par of about 4% and offer an average current yield of 6.23%. Midcap Financial Investment Corporation and F&G Annuities & Life priced new exchange-traded notes with fixed coupons of 8% and 7.95%, respectively.

Here is how F&G Annuities & Life, Inc. (FG) and Kinsale Capital Group, Inc. (KNSL) have performed compared to their sector so far this year.

F&G Annuities & Life, Inc. (NYSE:FG ) Q3 2023 Earnings Conference Call November 8, 2023 8:30 AM ET Company Participants Chris Blunt - President & Chief Executive Officer Wendy Young - Chief Financial Officer Lisa Foxworthy Parker - IR Conference Call Participants John Campbell - Stephens Operator Greetings, and welcome to the F&G Annuities & Life's Third quarter 2023 Earnings Conference Call. At this time, all participants are in a listen-only mode.

F&G Annuities & Life, Inc. (NYSE:FG ) Q1 2023 Results Conference Call May 4, 2023 9:00 AM ET Company participants Lisa Foxworthy-Parker - IR Chris Blunt - CEO Wendy Young - CFO Conference Call Participants A.J. Hayes - Stephens Mark Hughes - Truist Securities Operator Good morning, ladies and gentlemen, and thank you for standing by.

F&G Annuities & Life, Inc. (FG) has become technically an oversold stock now, which implies exhaustion of the heavy selling pressure on it. This, combined with strong agreement among Wall Street analysts in revising earnings estimates higher, indicates a potential trend reversal for the stock in the near term.