F&G Annuities & Life, Inc. (FG)
NYSEFinancialsInsurance - LifeSnapshot 2026-09-04
$25.04+0.68%
Close 2026-09-04 · 1-day change
NYSEFinancialsInsurance - LifeSnapshot 2026-09-04
QuarterlyIQ Insights · FG
What must go right, what could break, what the price assumes, and what evidence comes next.
The current health of the standing investment case.
No current thesis-health read is available for this company.
One-year growth currently built into the price, compared with our model's estimate.
| Measure | Marker shape | Value |
|---|---|---|
| Growth built into the price | circle | -31.8% |
| Our one-year growth estimate | diamond | 3.4% |
Growth built into the price is above our model estimate.
The price assumes 35.1 percentage points less one-year growth.
The one-year revenue growth assumption on Valuation.
For each item: what to watch, what would become a concern, and what would make it less concerning.
A reporting-risk estimate, not a forecast of the stock-price response.
Worth watching into the next print: this name is on a run of consecutive earnings misses and has been missing across recent quarters. A fundamental tilt, not a price call.
Model as of 2026-09-04 · Compared with 13 industry peers · Company calendar date is not available
FG — earnings miss
Dated 2026-08-05
Results of Operations and Financial Condition On August 5, 2026, F&G Annuities & Life, Inc. (the “Company” or “F&G”) issued a press release announcing its financial results for the second quarter ended June 30, 2026. A copy of such press release is furnished as Exhibit 99.1 to this Current Report on Form 8-K. In addition, the Company is furnishing the quarterly financial supplement as Exhibit 99.2 to this Current Report on Form 8-K. The following information, including the exhibits referenced…
Why it matters: Management is looking at options for Peak Altitude. This could help shareholders and future growth.
Supportive ifThere may be a new partnership or sale of Peak Altitude that boosts F&G's value.
Worry ifNo news or progress has been reported on Peak Altitude's strategic options.
Why it matters: Revenue growth is a key driver for the financial sector. A drop signals weakening momentum.
Worry ifRevenue growth falls below the median of 15% year over year.
Less concerning ifRevenue growth stays at or above the median of 15% year over year.
Why it matters: If it drops below this level, it may hurt profits. This could lower investor trust.
Worry ifAdjusted net earnings per share reported below $0.65 in the next quarterly results.
Less concerning ifAdjusted net earnings per share remains at or above $0.65 in the next quarterly results.
Why it matters: Higher returns show good capital management. This could make investors feel better.
Supportive ifMore than $150 million is returned to shareholders in the second half of 2026.
Worry ifLess than $150 million is returned to shareholders in the second half of 2026.
Why it matters: Conor Murphy's leadership is key to transitioning F&G into a fee-based, higher margin business. His actions will impact long-term growth.
Supportive ifThere is clear progress in moving to a fee-based model. This shows better margins and steady revenue.
Worry ifThere is no progress in the transition. The company still relies on lower-margin products.
Why it matters: Slower growth in AUM may show trouble in getting new business. It can hurt market position.
Worry ifGrowth in assets under management is below 8% year over year.
Less concerning ifAssets under management growth is at or above 8% year over year.
Why it matters: A drop in revenue growth signals a potential slowdown in the financial sector. This could impact F&G's performance.
Worry ifF&G reports Q2 revenue growth below 13%.
Less concerning ifF&G reports Q2 revenue growth at or above 13%.
Why it matters: Stable cash flow is key for good financial health. Recent changes may show bigger problems.
Supportive ifCash from operating activities improves from $743M in 2026-Q1 to above $800M.
Worry ifCash from operations drops more from $743M in 2026-Q1.
Why it matters: This transition is crucial for improving profit margins. It indicates how well the company adapts to market changes.
Supportive ifManagement says fee-based revenue has grown a lot. This shows a change in the business model.
Worry ifFee-based revenue stays the same or goes down. This shows a problem with the transition.
Why it matters: If it drops below this level, profits could fall. This may hurt investor confidence.
Worry ifAdjusted net earnings for Q3 2026 reported below $85 million.
Less concerning ifAdjusted net earnings for Q3 2026 reported at or above $85 million.
Why it matters: Slowing growth in AUM may show problems in sales or market conditions.
Worry ifAUM growth reported below 5% YoY in Q3 2026.
Less concerning ifAUM growth reported at or above 5% YoY in Q3 2026.
Why it matters: More share repurchases show good use of money. It also shows confidence in the company.
Supportive ifShare repurchases were over $91 million in Q3 2026.
Worry ifShare repurchases were below $91 million in Q3 2026.
Why it matters: Updates on this plan could show growth chances. They may change the company strategy.
Watch forManagement gives a good update on plans for Peak Altitude.
Also watch forNo updates or bad news about Peak Altitude's plans.
We watch for confirming and disproving signals on each item. Resolutions are found automatically where possible and checked by hand for unclear cases. Last 90 days shown.
Historical relationships that met the evidence threshold. They do not prove cause or forecast a move.
Usually moved in the same direction.
Price observations: 365 days
Most sensitive to the broad stock market.
Based on historical daily prices through 2026-09-04.
Past price behavior in dollars on a $10,000 position. This does not measure permanent business risk.
How much price usually moves either way.
A larger daily loss that occurred about once in every 20 trading days.
Deepest peak-to-trough drop in the last year.
| Measure | Value | Meaning |
|---|---|---|
| Typical day | ±$168 on $10,000 · ±1.7% | How much price usually moves either way. |
| Bad day | $426 loss on $10,000 · 4.3% | A larger daily loss that occurred about once in every 20 trading days. |
| Largest peak-to-trough drop in the past year | $4,032 loss on $10,000 · 40.3% | Deepest peak-to-trough drop in the last year. |
Past year. 1.00 means similar movement; 1.20 means about 20% more.
Past year. 1.00 means similar movement to the sector. This is secondary context.
Latest 30 trading days, shown as an annual percentage.
Latest 252 trading days, shown as an annual percentage.
20-trading-day average in US dollars.
Trading days used by the source risk snapshot.
Past results, not a forecast. Not investment advice.
Use the underlying financial and sector pages to investigate the cause.
Not investment advice. Scores describe historical and current data; they are not forecasts of future returns. Consult a licensed advisor before making investment decisions.