F&G Annuities & Life (NYSE:FG) Releases Earnings Results, Misses Expectations By $0.13 EPS

F&G Annuities & Life (NYSE:FG) announced its quarterly earnings results on Thursday. The company reported $1.12 earnings per share for the quarter, missing analysts’ consensus estimates of $1.25 by ($0.13), Zacks reports. 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

NYSE FG traded down $1.46 during trading on Thursday, reaching $43.97. 122,190 shares of the company’s stock were exchanged, compared to its average volume of 71,051. F&G Annuities & Life has a fifty-two week low of $34.90 and a fifty-two week high of $50.75. The business has a 50 day moving average price of $43.46 and a 200-day moving average price of $43.24. The company has a debt-to-equity ratio of 0.46, a current ratio of 0.25 and a quick ratio of 0.25. The stock has a market capitalization of $5.54 billion, a P/E ratio of -732.63 and a beta of 1.66.

Analyst Upgrades and Downgrades

Separately, Barclays boosted their price target on F&G Annuities & Life from $46.00 to $47.00 and gave the stock 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.