FG trades 9.2% below Wall Street's consensus target of $31.00.
Last 12 months price action with 12-month analyst target path
The base valuation assumes FG achieves its forward estimates and maintains a stable P/E multiple of 7.2x. This scenario reflects the blended consensus of 9 Wall Street analysts, balancing both positive catalysts and macroeconomic headwinds over the next 12 months.
As of July 7, 2026, F&G Annuities & Life, Inc. (FG) has a Wall Street consensus price target of $31.00, based on estimates from 9 covering analysts. With the stock currently trading at $28.38, this represents a potential upside of +9.2%. The company has a market capitalization of $3.85B.
Analyst price targets range from a low of $31.00 to a high of $31.00, representing a 0% spread in expectations. The median target of $31.00 aligns closely with the consensus average. The tight target dispersion indicates high conviction among analysts.
The current analyst consensus rating is Hold, with 1 analysts rating the stock as a Buy or Strong Buy,8 rating it Hold, and 0 rating it Sell or Strong Sell. The bearish sentiment suggests caution about the stock at current levels.
From a valuation perspective, FG trades at a trailing P/E of 15.1x and forward P/E of 7.2x. Analysts expect EPS to grow +2.6% over the next year.
Our proprietary valuation model, which blends historical multiples with forward estimates, suggests a base-case price target of $58.20, with bear and bull scenarios of $36.67 and $76.68 respectively. Model confidence stands at 50/100, reflecting moderate uncertainty in projections.
| Company | Market Cap | Price | Target | Upside Potential | Rating | Fwd P/E | Analysts |
|---|---|---|---|---|---|---|---|
GLGlobe Life Inc. | $13.7B | $176.98 | $174.50 | -1.4% | Hold | 11.3x | 28 |
CNOCNO Financial Group, Inc. | $4.9B | $52.64 | $48.00 | -8.8% | Hold | 11.8x | 17 |
PFGPrincipal Financial Group, Inc. | $24.3B | $112.55 | $102.43 | -9.0% | Hold | 12.1x | 25 |
LNCLincoln National Corporation | $7.3B | $38.39 | $41.00 | +6.8% | Hold | 5.0x | 28 |
RLIRLI Corp. | $5.7B | $61.78 | $56.33 | -8.8% | Hold | 22.4x | 12 |
METMetLife, Inc. | $59.0B | $90.46 | $94.86 | +4.9% | Buy | 9.1x | 33 |
PRUPrudential Financial, Inc. | $39.7B | $114.28 | $98.71 | -13.6% | Hold | 8.3x | 37 |
AFLAflac Incorporated | $61.3B | $120.47 | $114.40 | -5.0% | Hold | 17.0x | 32 |
EQHEquitable Holdings, Inc. | $13.4B | $47.48 | $58.57 | +23.4% | Buy | 6.7x | 21 |
CRBGCorebridge Financial, Inc. | $14.1B | $30.81 | $32.00 | +3.9% | Buy | 6.6x | 18 |
Quick answers to the most common questions about buying FG stock.
The consensus price target for FG is $31, close to the current price of $28.38 (9.2% implied move). Based on 9 analyst estimates, the stock appears fairly valued near current levels.
FG has a consensus rating of "Hold" based on 9 Wall Street analysts. The rating breakdown is mixed, with 8 Hold ratings making up the largest segment. The consensus 12-month price target of $31 implies 9.2% upside from current levels.
With a forward P/E of 7.2003x, FG trades at a relatively low valuation. The consensus target of $31 implies 9.2% appreciation, suggesting the market may be pricing in risks.
The most bullish Wall Street analyst has a price target of $31 for FG, while the most conservative target is $31. The consensus of $31 represents the median expectation. Our quantitative valuation model projects a bull case target of $77 based on optimistic growth and margin assumptions. These targets typically reflect 12-month expectations.
FG is moderately covered, with 9 analysts providing price targets and ratings. Of these, 0 have Strong Buy ratings, 1 have Buy ratings, 8 recommend Hold, and 0 have Sell or Strong Sell ratings. Higher analyst coverage generally indicates greater institutional interest and more reliable consensus estimates.
The 12-month FG stock forecast based on 9 Wall Street analysts shows a consensus price target of $31, with estimates ranging from $31 (bear case) to $31 (bull case). The median consensus rating is "Hold". Our proprietary valuation model produces a base case fair value of $58, with bear/bull scenarios of $37/$77.
Our quantitative valuation model calculates FG's fair value at $58 (base case), with a bear case of $37 and bull case of $77. The model uses discounted cash flow analysis, historical growth rates, and margin mean-reversion to project FY+2 earnings, then applies an appropriate P/E multiple. The model confidence score is 50/100.
FG trades at a forward P/E ratio of 7.2x based on next-twelve-months earnings estimates compared to a trailing P/E of 15.1x. The lower forward P/E indicates analysts expect earnings growth. A forward P/E is useful for comparing valuations when earnings are expected to change significantly.
FG appears fairly valued according to analysts, with a "Hold" rating and minimal upside to the $31 target. Consider your investment thesis and risk tolerance. This information is for educational purposes only. Always conduct your own research, consider your financial situation, and consult a financial advisor before making investment decisions.
FG analyst price targets range from $31 to $31, a 0% tight range reflecting strong analyst consensus. Differences stem from varying assumptions about revenue growth, profit margins, competitive dynamics, and valuation multiples. The $31 consensus represents the middle ground. Our model's $37-$77 range provides an independent fundamental perspective.
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