Fidelity and Guaranty Life (FGL) Earns Media Impact Rating of 0.05

Media coverage about Fidelity and Guaranty Life (NYSE:FGL) has been trending somewhat positive this week, Accern Sentiment Analysis reports. The research firm scores the sentiment of press coverage by reviewing more than twenty million blog and news sources in real-time. Accern ranks coverage of publicly-traded companies on a scale of -1 to 1, with scores nearest to one being the most favorable. Fidelity and Guaranty Life earned a news sentiment score of 0.05 on Accern’s scale. Accern also assigned news coverage about the financial services provider an impact score of 45.6419263065427 out of 100, indicating that recent press coverage is somewhat unlikely to have an effect on the company’s share price in the next few days.

Here are some of the media stories that may have impacted Accern’s analysis:

Shares of Fidelity and Guaranty Life (FGL) traded up 0.16% on Monday, reaching $31.25. 38,096 shares of the company traded hands. The stock has a 50-day moving average price of $31.16 and a 200 day moving average price of $29.44. Fidelity and Guaranty Life has a 1-year low of $21.10 and a 1-year high of $31.38. The firm has a market capitalization of $1.83 billion, a P/E ratio of 9.50 and a beta of 0.90.

Fidelity and Guaranty Life (NYSE:FGL) last announced its quarterly earnings results on Wednesday, August 2nd. The financial services provider reported $0.63 earnings per share (EPS) for the quarter, meeting analysts’ consensus estimates of $0.63. The company had revenue of $380 million for the quarter, compared to the consensus estimate of $308 million. Fidelity and Guaranty Life had a net margin of 13.61% and a return on equity of 8.00%. Fidelity and Guaranty Life’s revenue for the quarter was up 45.6% compared to the same quarter last year. During the same period in the previous year, the firm posted $0.82 EPS. Analysts anticipate that Fidelity and Guaranty Life will post $2.65 EPS for the current fiscal year.

The business also recently declared a quarterly dividend, which was paid on Monday, August 28th. Shareholders of record on Monday, August 14th were issued a $0.065 dividend. The ex-dividend date was Thursday, August 10th. This represents a $0.26 dividend on an annualized basis and a yield of 0.83%. Fidelity and Guaranty Life’s dividend payout ratio is currently 7.90%.

Several research analysts recently issued reports on the stock. BidaskClub upgraded shares of Fidelity and Guaranty Life from a “buy” rating to a “strong-buy” rating in a research report on Wednesday, July 5th. ValuEngine lowered shares of Fidelity and Guaranty Life from a “strong-buy” rating to a “buy” rating in a research report on Friday, September 1st. Finally, Sandler O’Neill lowered shares of Fidelity and Guaranty Life from a “buy” rating to a “hold” rating in a research report on Wednesday, May 24th. Four equities research analysts have rated the stock with a hold rating and one has given a buy rating to the stock. Fidelity and Guaranty Life currently has a consensus rating of “Hold” and a consensus target price of $26.60.

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About Fidelity and Guaranty Life

Fidelity & Guaranty Life (FGL) is a holding company focused on obtaining controlling equity stakes in companies that operate across various industries. FGL’s primary business is the sale of individual life insurance products and annuities through independent agents, managing general agents, and specialty brokerage firms and in selected institutional markets.

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