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FG

F&G Annuities & Life, Inc.

At today's price, F&G Annuities & Life, Inc. (FG) is priced for 10.2% return on equity. boothcheck doesn't publish a fair value or a price target; it shows what the price assumes, so you can judge whether that bar is too high. Built from SEC EDGAR filings.

Live priced in
10.2% return on equity
Priced In
within-range

Key Takeaways

The one number that frames this name is book value per share of about $33 against a stock price near $27. F&G trades below its own equity while earning roughly 11.5% on that equity, a return comfortably above its 9.3% cost of capital. Every valuation family lands above the price. Relative valuation and the excess-return methods cluster in the low-to-mid $40s, and the bank-style tangible-book model sits near the price at $26. This is a value-supported insurer, not a growth bet. Q1 2026 was stro

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Institutional ownership

318 institutional managers reported holding FG in 13F filings for the quarter ended 2026-03-31. Together they hold about 90% of the company; the top 10 hold 82%. 44 opened new positions that quarter. Held by Vanguard Group, BlackRock, Dimensional Fund Advisors, among others. On the short side, 4.8M shares were sold short as of the 2026-06-15 count, about 3% of shares outstanding (8.6 days of typical volume to cover).

Quarterly 13F filings arrive up to 45 days after quarter end, so the picture is never current (filed through 2026-05-29). Nothing here is investment advice.

Capital returns

FG's share count grew 26.7% over the past five years even with $69.00M spent on repurchases. It pays a dividend, and has for 3 years running, raised 2 years straight; the current rate is $0.91 a share annually. Cash returned over the past three years: $347.00M in dividends and $53.00M in repurchases.

Share counts are split-adjusted; repurchase totals are gross of share issuance. Nothing here is investment advice.

Insider activity

Open-market insider buys at FG over the trailing three years: 2023: 1 buy totaling $132k; 2024: 1 buy totaling $0k; 2025: 13 buys totaling $154.60M; 2026: 3 buys totaling $458k. 14 officers and directors are on file.

Code P open-market purchases from SEC Form 4 filings, non-derivative, excluding scheduled 10b5-1 plans. Nothing here is investment advice.

Earnings reactions

FG's recent reports: the day-one move, then what the following quarter actually did.

reportday onenext quarter
2023-08-10-1.9%+3.3%
2023-11-09+15.3%+9.5%
2024-03-01-10.7%+3.9%
2024-05-11-1.0%+3.0%

Day-one is the close-to-close move around the filing. Nothing here is investment advice.

Recent filings

FG's latest 8-K filings: 2026-07-08 (items 2.02, 7.01); 2026-06-25 (items 5.07); 2026-06-16 (items 1.01, 5.02, 9.01); 2026-05-06 (items 2.02, 7.01, 9.01); 2026-04-01 (items 8.01, 9.01).

Item codes are the SEC's own classification of what each report discloses. Nothing here is investment advice.

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Last analyzed: June 27, 2026

For informational and research purposes only. Not investment advice. Not a recommendation to buy, sell, or hold any security. boothcheck is not a registered investment adviser. Past performance does not guarantee future results.