Brokerages Expect FGL Holdings (FG) Will Announce Earnings of $0.28 Per Share
Analysts predict that FGL Holdings (NYSE:FG) will announce earnings of $0.28 per share for the current quarter, according to Zacks. Zero analysts have made estimates for FGL’s earnings. The business is scheduled to announce its next earnings results after the market closes on Wednesday, February 27th.
According to Zacks, analysts expect that FGL will report full year earnings of $1.12 per share for the current year. For the next financial year, analysts expect that the business will report earnings of $1.38 per share. Zacks’ EPS calculations are an average based on a survey of research analysts that follow FGL.
A number of research firms recently commented on FG. Zacks Investment Research raised shares of FGL from a “sell” rating to a “hold” rating in a research report on Friday, November 9th. TheStreet raised shares of FGL from an “e+” rating to a “c” rating in a report on Thursday, November 8th. ValuEngine cut shares of FGL from a “sell” rating to a “strong sell” rating in a report on Wednesday, January 2nd. Finally, Citigroup assumed coverage on shares of FGL in a report on Friday, December 7th. They set a “neutral” rating and a $8.50 target price for the company. One investment analyst has rated the stock with a sell rating, three have issued a hold rating and three have issued a buy rating to the company’s stock. FGL presently has an average rating of “Hold” and an average target price of $9.79.
Shares of NYSE FG traded up $0.13 during mid-day trading on Monday, hitting $7.70. 11,882 shares of the company’s stock traded hands, compared to its average volume of 576,471. The company has a debt-to-equity ratio of 0.37, a quick ratio of 0.17 and a current ratio of 0.17. FGL has a 1 year low of $5.93 and a 1 year high of $10.74.
FGL Holdings, through its subsidiaries, sells individual life insurance products and annuities in the United States. The company offers deferred annuities, including fixed indexed annuity contracts and fixed rate annuity contracts; immediate annuities; and life insurance products. It also provides life and annuity reinsurance services, such as reinsurance on asset intensive, long duration life, and annuity liabilities.
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