FGF Stock Overview
FG Financial Group, Inc. operates as a reinsurance and investment management holding company in the United States.
FG Financial Group Competitors
Price History & Performance
|Historical stock prices|
|Current Share Price||US$1.56|
|52 Week High||US$7.24|
|52 Week Low||US$1.39|
|1 Month Change||5.41%|
|3 Month Change||-45.83%|
|1 Year Change||-72.04%|
|3 Year Change||-69.71%|
|5 Year Change||-80.98%|
|Change since IPO||-80.38%|
Recent News & Updates
FG Financial Group GAAP EPS of -$0.87, revenue of $3M
FG Financial Group press release (NASDAQ:FGF): Q2 GAAP EPS of -$0.87. Revenue of $3M (-6.3% Y/Y). Cash and cash equivalents of $12.8M.
|FGF||US Insurance||US Market|
Return vs Industry: FGF underperformed the US Insurance industry which returned 4.9% over the past year.
Return vs Market: FGF underperformed the US Market which returned -10.2% over the past year.
|FGF Average Weekly Movement||10.7%|
|Insurance Industry Average Movement||4.9%|
|Market Average Movement||7.7%|
|10% most volatile stocks in US Market||16.9%|
|10% least volatile stocks in US Market||3.2%|
Stable Share Price: FGF is not significantly more volatile than the rest of US stocks over the past 3 months, typically moving +/- 11% a week.
Volatility Over Time: FGF's weekly volatility (11%) has been stable over the past year.
About the Company
FG Financial Group, Inc. operates as a reinsurance and investment management holding company in the United States. The company offers specialty property and casualty reinsurance products and services. It also operates a special purpose acquisition company platform (SPAC) that provides various strategic, administrative, and regulatory support services to newly formed SPACs for a monthly fee.
FG Financial Group Fundamentals Summary
|FGF fundamental statistics|
Is FGF overvalued?See Fair Value and valuation analysis
Earnings & Revenue
|FGF income statement (TTM)|
|Cost of Revenue||US$9.19m|
Last Reported Earnings
Jun 30, 2022
Next Earnings Date
|Earnings per share (EPS)||-2.08|
|Net Profit Margin||-1,128.55%|
How did FGF perform over the long term?See historical performance and comparison
Is FGF undervalued compared to its fair value, analyst forecasts and its price relative to the market?
Valuation Score 0/6
Price-To-Book vs Peers
Price-To-Book vs Industry
Price-To-Book vs Fair Ratio
Below Fair Value
Significantly Below Fair Value
Key Valuation Metric
Which metric is best to use when looking at relative valuation for FGF?
Other financial metrics that can be useful for relative valuation.
|What is FGF's n/a Ratio?|
Price to Book Ratio vs Peers
How does FGF's PB Ratio compare to its peers?
|FGF PB Ratio vs Peers|
|Company||PB||Estimated Growth||Market Cap|
UNAM Unico American
CNFR Conifer Holdings
HRTG Heritage Insurance Holdings
PPHI Positive Physicians Holdings
FGF FG Financial Group
Price-To-Book vs Peers: FGF is expensive based on its Price-To-Book Ratio (2.7x) compared to the peer average (0.7x).
Price to Earnings Ratio vs Industry
How does FGF's PE Ratio compare vs other companies in the US Insurance Industry?
Price-To-Book vs Industry: FGF is expensive based on its Price-To-Book Ratio (2.7x) compared to the US Insurance industry average (1.1x)
Price to Book Ratio vs Fair Ratio
What is FGF's PB Ratio compared to its Fair PB Ratio? This is the expected PB Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.
|Current PB Ratio||2.7x|
|Fair PB Ratio||n/a|
Price-To-Book vs Fair Ratio: Insufficient data to calculate FGF's Price-To-Book Fair Ratio for valuation analysis.
Share Price vs Fair Value
What is the Fair Price of FGF when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.
Below Fair Value: Insufficient data to calculate FGF's fair value for valuation analysis.
Significantly Below Fair Value: Insufficient data to calculate FGF's fair value for valuation analysis.
Analyst Price Targets
What is the analyst 12-month forecast and do we have any statistical confidence in the consensus price target?
Analyst Forecast: Insufficient data to show price forecast.
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How is FG Financial Group forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?
Future Growth Score0/6
Future Growth Score 0/6
Earnings vs Savings Rate
Earnings vs Market
High Growth Earnings
Revenue vs Market
High Growth Revenue
Forecasted Insurance industry annual growth in earnings
In this section we usually present revenue and earnings growth projections based on the consensus estimates of professional analysts to help investors understand the company’s ability to generate profit. But as FG Financial Group has not provided enough past data and has no analyst forecast, its future earnings cannot be reliably calculated by extrapolating past data or using analyst predictions.
This is quite a rare situation as 97% of companies covered by SimplyWall St do have past financial data.
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- Examine FG Financial Group's financial health to determine how well-positioned it is against times of financial stress by looking at its level of debt over time and how much cash it has left.
How has FG Financial Group performed over the past 5 years?
Past Performance Score0/6
Past Performance Score 0/6
Growing Profit Margin
Earnings vs Industry
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: FGF is currently unprofitable.
Growing Profit Margin: FGF is currently unprofitable.
Past Earnings Growth Analysis
Earnings Trend: FGF is unprofitable, and losses have increased over the past 5 years at a rate of 54.1% per year.
Accelerating Growth: Unable to compare FGF's earnings growth over the past year to its 5-year average as it is currently unprofitable
Earnings vs Industry: FGF is unprofitable, making it difficult to compare its past year earnings growth to the Insurance industry (-22.2%).
Return on Equity
High ROE: FGF has a negative Return on Equity (-61.21%), as it is currently unprofitable.
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How is FG Financial Group's financial position?
Financial Health Score6/6
Financial Health Score 6/6
Short Term Liabilities
Long Term Liabilities
Stable Cash Runway
Forecast Cash Runway
Financial Position Analysis
Short Term Liabilities: FGF's short term assets ($20.2M) exceed its short term liabilities ($6.6M).
Long Term Liabilities: FGF's short term assets ($20.2M) exceed its long term liabilities ($3.0M).
Debt to Equity History and Analysis
Debt Level: FGF is debt free.
Reducing Debt: FGF has no debt compared to 5 years ago when its debt to equity ratio was 5.6%.
Cash Runway Analysis
For companies that have on average been loss making in the past we assess whether they have at least 1 year of cash runway.
Stable Cash Runway: FGF has sufficient cash runway for more than a year based on its current free cash flow.
Forecast Cash Runway: FGF has sufficient cash runway for 1 years if free cash flow continues to reduce at historical rates of 40.4% each year.
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What is FG Financial Group current dividend yield, its reliability and sustainability?
Dividend Score 0/6
Cash Flow Coverage
Dividend Yield vs Market
Notable Dividend: Unable to evaluate FGF's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.
High Dividend: Unable to evaluate FGF's dividend yield against the top 25% of dividend payers, as the company has not reported any recent payouts.
Stability and Growth of Payments
Stable Dividend: Insufficient data to determine if FGF's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if FGF's dividend payments have been increasing.
Earnings Payout to Shareholders
Earnings Coverage: Insufficient data to calculate payout ratio to determine if its dividend payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: Unable to calculate sustainability of dividends as FGF has not reported any payouts.
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How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Larry Swets (47 yo)
Mr. Larry Gene Swets, Jr., C.F.A., serves as Director of Ballantyne Strong, Inc. since October 04, 2021. He has experience in the financial services industry, specifically as a merchant banker focusing on...
CEO Compensation Analysis
Compensation vs Market: Larry's total compensation ($USD821.25K) is about average for companies of similar size in the US market ($USD759.99K).
Compensation vs Earnings: Larry's compensation has increased whilst the company is unprofitable.
Experienced Management: FGF's management team is considered experienced (2.2 years average tenure).
Experienced Board: FGF's board of directors are considered experienced (5 years average tenure).
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: FGF insiders have bought more shares than they have sold in the past 3 months.
Recent Insider Transactions
Dilution of Shares: Shareholders have been substantially diluted in the past year, with total shares outstanding growing by 86.6%.
FG Financial Group, Inc.'s employee growth, exchange listings and data sources
- Name: FG Financial Group, Inc.
- Ticker: FGF
- Exchange: NasdaqGM
- Founded: 2012
- Industry: Property and Casualty Insurance
- Sector: Insurance
- Implied Market Cap: US$14.586m
- Shares outstanding: 9.35m
- Website: https://www.fgfinancial.com
Number of Employees
- FG Financial Group, Inc.
- 360 Central Avenue
- Suite 800
- Saint Petersburg
- United States
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2022/08/14 00:00|
|End of Day Share Price||2022/08/12 00:00|
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.