F&G Annuities & Life Inc Stock Price, News & Analysis

Fidelity National Financial (NYSE:FNF), the nation's largest title insurance company and a major provider of insurance solutions through its subsidiary F&G Annuities & Life (NYSE:FG), has scheduled its second quarter 2025 earnings release for August 6, 2025 after market close.

The company will host a conference call and webcast to discuss the results on Thursday, August 7, 2025, at 11:00 a.m. Eastern Time. Investors can access the webcast through FNF's Investor Relations website or join via telephone at 1-877-407-0784 (USA) or 1-201-689-8560 (International).

F&G Annuities & Life (NYSE: FG) released its third annual Retirement Reconsidered survey, revealing significant shifts in retirement planning among Americans over 50. The study shows that 70% of pre-retirees are considering delaying retirement, with 23% definitely pushing back their planned retirement date - a 14% increase from 2024.

Key findings indicate that 50% cite financial uncertainties as the main reason for reconsidering retirement, up 10% from 2024. Additionally, 29% of current retirees are considering returning to work, with this number rising to 54% among Generation X retirees. The survey also revealed that 49% of American investors feel the need to invest in guaranteed income products, while 47% are not currently using a financial professional - an increase from 43% last year.

Fidelity National Financial (NYSE: FNF) has successfully completed consent solicitations for its senior notes series (2028, 2030, 2031, and 2051) to amend their governing indenture. The company received majority consent from noteholders by June 3, 2025. This amendment is related to FNF's planned redomestication from Delaware to Nevada. Holders who provided valid consents will receive a Consent Fee upon redomestication completion. The fee payment is contingent on the redomestication being completed, and FNF maintains discretion on whether to proceed with the redomestication. FNF, as the nation's largest title insurance company through its various underwriters, provides title insurance and transaction services to real estate and mortgage industries, while also offering insurance solutions through its majority-owned subsidiary F&G Annuities & Life, Inc.

Fidelity National Financial (NYSE: FNF) has initiated consent solicitations for holders of its senior notes due 2028, 2030, 2031, and 2051, seeking approval to amend the indenture to allow redomestication from Delaware to Nevada. The total outstanding notes amount to $2.15 billion. FNF is offering a consent fee of $1.00 per $1,000 principal amount to holders who approve by June 3, 2025. This follows a similar attempt in 2024 that received noteholder consent but failed to secure shareholder approval. The redomestication requires majority consent from each note series and shareholder approval. FNF states the redomestication would not impact its business operations, revenues, income, or cash flows, and maintains the option to pursue redomestication through alternative methods like merger if the consent solicitations fail.

F&G Annuities & Life (NYSE: FG) has announced quarterly dividend payments for both its common and preferred stockholders. The company will pay a $0.22 per share dividend on common stock on June 30, 2025, to shareholders of record as of June 16, 2025. Additionally, holders of the company's 6.875% Series A Mandatory Convertible Preferred Stock will receive a quarterly dividend of $0.859375 per share on July 15, 2025, with a record date of July 1, 2025.

Fidelity National Financial (NYSE: FNF) has declared a quarterly cash dividend of $0.50 per share of common stock. The dividend will be paid on June 30, 2025, to shareholders of record as of June 16, 2025.

FNF is a leading provider of title insurance and transaction services to the real estate and mortgage industries. Through its subsidiary F&G Annuities & Life (NYSE: FG), it also provides insurance solutions for retail annuity and life customers. The company operates through multiple title insurance underwriters, including Fidelity National Title, Chicago Title, Commonwealth Land Title, Alamo Title, and National Title of New York, collectively forming the largest title insurance company in the United States.

F&G Annuities & Life (NYSE: FG) has maintained its position among the top 10 pension risk transfer (PRT) market leaders for the fourth consecutive year, with cumulative sales exceeding $7 billion. The company achieved record PRT sales of $2.2 billion in 2024, representing a 15% increase from 2023, and added $300 million in Q1 2025.

Since entering the PRT market in 2021, F&G has completed over 30 transactions serving more than 125,000 participants and beneficiaries. The company ranks among the top 6 PRT writers for deals below $1 billion, operating within a $3 trillion private pension market. F&G's success is attributed to its competitive pricing, large diversified balance sheet, high-quality investment portfolio, and tech-enabled servicing capabilities.

FNF reported its Q1 2025 financial results with net earnings of $83 million ($0.30 per share), down from $248 million ($0.91 per share) in Q1 2024. However, adjusted net earnings increased to $213 million ($0.78 per share) from $206 million ($0.76 per share) year-over-year. The Title Segment showed strong performance with total revenue of $1.8 billion, a 12% increase, and an industry-leading adjusted pre-tax title margin of 11.7%. The F&G Segment reached assets under management of $67.4 billion, up 16% YoY, with gross sales of $2.9 billion. FNF maintained its majority ownership in F&G at 82% after participating in F&G's equity offering, purchasing 4.5 million shares. The company resumed share repurchases, buying back 390,000 shares for $25 million, and paid quarterly dividends of $0.50 per share.

F&G Annuities & Life (NYSE: FG) reported its Q1 2025 results with a net loss of $25 million ($0.20 per share), compared to net earnings of $111 million in Q1 2024. However, the company achieved record assets under management of $67.4 billion, a 16% increase year-over-year. Adjusted net earnings were $91 million ($0.72 per share), down from $108 million in Q1 2024. The company completed a public offering of 8 million shares, raising $269 million, with Fidelity National Financial maintaining an 82% ownership stake. Despite near-term headwinds, F&G maintained strong credit performance with 96% of fixed maturities being investment grade and low credit-related impairments of 2 basis points in Q1.