Welcome to our dedicated page for Fundamental Global news (Ticker: $FGF), a resource for investors and traders seeking the latest updates and insights on Fundamental Global stock.
Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect Fundamental Global's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.
Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of Fundamental Global's position in the market.
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Fundamental Global Inc. announced the sale of its Digital Ignition building and subsidiary for $6.5 million, with $1.3 million in cash. The sale will reduce annual operating costs by approximately $1 million and debt by $4.9 million. The move aligns with the company's strategic focus on highly scalable businesses, cost reduction, and profitability.
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End-of-Day
-3.65%
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Fundamental Global Inc. (Nasdaq: FGF) reports continued growth in reinsurance and investment results leading to a net income in 2023. The company completed a merger with FG Group Holdings Inc., rebranding as Fundamental Global Inc. Key highlights include increased net reinsurance premiums earned and net investment income. The company paid dividends on its 8% Series A Preferred Stock and saw a rise in general and administrative expenses. Net income attributable to common shareholders improved significantly, with balance sheet highlights showing increased investment holdings and total shareholders' equity.
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End-of-Day
5.76%
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FG Financial Group, Inc. has been renamed to Fundamental Global Inc. after completing a merger with FG Group Holdings Inc. The new leadership and governance structure are in place, with the company operating in various business segments like FG Reinsurance, Ltd., Strong Global Entertainment, Inc., Merchant Banking and SPACs, and Asset Management. The merger was well-received by shareholders, and the company aims to focus on shareholder returns and streamline operations.
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2.32%
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FG Financial Group, Inc. (Nasdaq: FGF) has declared a quarterly cash dividend on its 8.00% Cumulative Preferred Stock, Series A, for the period from December 15, 2023, to March 14, 2024. The dividend of $0.50 per share is payable on March 15, 2024, to holders of record on March 1, 2024. FG Financial is a reinsurance and asset management holding company focused on collateralized and loss capped reinsurance and merchant banking, operating through its subsidiaries and affiliates.
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End-of-Day
-4.73%
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FG Financial Group, Inc. (Nasdaq: FGF) has declared a $0.50 per share quarterly cash dividend on its 8.00% Cumulative Preferred Stock, Series A, payable on December 15, 2023, to holders of record on December 1, 2023. The company is focused on reinsurance, asset management, and merchant banking, with its Preferred Stock trading under the ticker symbol 'FGFPP' on the Nasdaq Stock Market.
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Rhea-AI Sentiment
End-of-Day
5.79%
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FG Financial Group, Inc. (Nasdaq: FGF) reported a profitable quarter with $5.6 million net income, highlighting strong performance in reinsurance and merchant banking. The company's reinsurance business saw growth in net premiums and successful execution of its strategy, while the merchant banking segment completed a business combination with iCoreConnect Inc. and continues to seek asymmetric risk/reward opportunities.
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5.79%
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FG Financial Group to present at ThinkEquity Conference in New York City
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1.48%
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FG Financial Group, Inc. announced positive second-quarter results, including an increase in net reinsurance premiums earned and net investment income. The company's reinsurance division saw growth in net premiums earned through highly structured loss-capped contracts. Additionally, the merchant banking division made progress with business combinations and established a portfolio of diverse brands. The company remains optimistic about future opportunities and aims to drive long-term returns for shareholders.
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3.95%
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3.95%
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Fundamental Global Inc.
Nasdaq:FGF
FGF Rankings
FGF Stock Data
37.73M
12.40M
11.81%
29.55%
0.03%
Direct Property and Casualty Insurance Carriers
Finance and Insurance
United States of America
ITASCA
About FGF
1347 property insurance holdings, inc. is a property and casualty insurance holding company incorporated in delaware. in december 2012, the company began providing property and casualty insurance to individuals in louisiana (and now in texas as well) through its wholly-owned subsidiary, maison insurance company, or maison insurance. the company's insurance offerings currently include homeowners' insurance, manufactured home insurance, wind and hail, and dwelling fire insurance. the company believes the louisiana and texas property and casualty insurance market has historically been underserved due to the unique weather-related risks in the region.