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Stock impact report

F&G Annuities And Life: Addressing Market Fears Over Its Private Credit Exposure [Seeking Alpha]

F&G Annuities & Life, Inc. (FG) 
Last f&g annuities & life, inc. earnings: 2/26 04:15 pm Check Earnings Report
US:NYSE Investor Relations: cfcorpandfidelity.com
Company Research Source: Seeking Alpha
FG's low-risk liabilities enable higher portfolio risk, but private credit and software sector exposure drive investor caution and valuation discounts. FG's book value ex-AOCI is $44.43/share, with shares trading at a ~$20 discount, pricing in mass private credit losses beyond management's recessionary estimates. I see fair value at ~$35/share, supported by manageable credit risk, a secure 4.2% dividend yield, and a new $100M buyback authorization. William_Potter/iStock via Getty Images Shares of F&G Annuities & Life ( FG ) have been a terrible performer over the past year, losing 43% of their value. The simple truth is that I have been decidedly wrong on this stock, moving to a “buy” last This article was written by Analyst's Disclosure: I/we have no stock, option or similar derivative position in any of the companies mentioned, and no plans to initiate any such positions within the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not re Show less Read more
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