STOCK TITAN
  1. Home
  2. News
  3. FGF

Fundamental Global Inc. - FGF STOCK NEWS

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.

Fundamental Global Inc., trading under the stock symbol FGF, is a diversified holding company with a significant focus on insurance, reinsurance, and investment management. Incorporated in Delaware, the company has expanded its reach and capabilities through its various subsidiaries. Fundamental Global Inc. primarily operates in two segments: Insurance and Asset Management, with the Insurance segment being the main revenue driver.

One of the company's key subsidiaries is Maison Insurance Company, a wholly-owned entity that began providing property and casualty insurance in Louisiana in December 2012 and later expanded its services to Texas. Maison Insurance offers a range of insurance products including homeowners' insurance, manufactured home insurance, wind and hail coverage, and dwelling fire insurance. The company has identified Louisiana and Texas as historically underserved markets due to the unique weather-related risks prevalent in these regions.

Fundamental Global Inc. has been recognized for its strategic growth and ability to navigate complex markets. Recent achievements include expanding its insurance offerings and strengthening its investment management portfolio. The company continues to pursue new opportunities and partnerships to enhance its service offerings and shareholder value.

Fundamental Global Inc. is committed to providing quality insurance solutions and generating sustainable returns through strategic asset management. Investors interested in the latest updates and relevant information about the company's performance, events, and developments can find detailed news and insights on the StockTitan platform.

News

Fundamental Global Inc. Announces Acquisition of Strong/MDI Screen Systems, Inc. by FG Acquisition Corp. at a $30 Million Valuation

Rhea-AI Summary

Fundamental Global Inc. announced the acquisition of Strong/MDI Screen Systems, Inc. by FG Acquisition Corp. at a $30 million valuation. The MDI Acquisition will benefit both companies by unlocking the value of the investment in MDI and providing access to the Canadian financial markets. FGAC will change its name to Saltire Holdings, upon closing of the deal.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-- %
Tags
acquisition
-
News

Fundamental Global Inc. Announces $6.5M Sale of Digital Ignition

Rhea-AI Summary
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.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-3.65%
Tags
none
-
News

Fundamental Global Inc. Reports Fourth Quarter and Full Year 2023 Financial Results

Rhea-AI Summary
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.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
5.76%
Tags
earnings
News

FG Financial Group, Inc. and FG Group Holdings Inc. Complete Merger

Rhea-AI Summary
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.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
2.31%
Tags
acquisition
-
News

FG Financial Group, Inc. Declares Cash Dividend on Its 8.00% Cumulative Preferred Stock, Series A

Rhea-AI Summary
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.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-4.73%
Tags
dividends
-
News

FG Financial Group, Inc. Declares Cash Dividend on Its 8.00% Cumulative Preferred Stock, Series A

Rhea-AI Summary
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.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
5.79%
Tags
dividends
News

FG Financial Group, Inc. Reports Third Quarter 2023 Financial Results

Rhea-AI Summary
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.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
5.79%
Tags
earnings
-
News

FG Financial Group, Inc. to Present at ThinkEquity Conference

Rhea-AI Summary
FG Financial Group to present at ThinkEquity Conference in New York City
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
1.48%
Tags
conferences
-
News

FG Financial Group, Inc. Reports Second Quarter 2023 Financial Results

Rhea-AI Summary
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.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
3.95%
Tags
earnings
News

FG Financial Group, Inc. Declares Cash Dividend on Its 8.00% Cumulative Preferred Stock, Series A

Rhea-AI Summary
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
3.95%
Tags
dividends

FAQ

What is the current stock price of Fundamental Global (FGF)?

The current stock price of Fundamental Global (FGF) is $23.1 as of December 20, 2024.

What is the market cap of Fundamental Global (FGF)?

The market cap of Fundamental Global (FGF) is approximately 28.1M.

What is the primary business of Fundamental Global Inc.?

Fundamental Global Inc. operates as a diversified insurance, reinsurance, and investment management holding company through its subsidiaries.

What kind of insurance products does Maison Insurance Company offer?

Maison Insurance Company offers homeowners', manufactured home, wind and hail, and dwelling fire insurance.

Which regions does Maison Insurance Company serve?

Maison Insurance Company serves individuals in Louisiana and Texas.

What are the main segments of Fundamental Global Inc.?

The main segments of Fundamental Global Inc. are Insurance and Asset Management.

What is the stock symbol for Fundamental Global Inc.?

The stock symbol for Fundamental Global Inc. is FGF.

Where is Fundamental Global Inc. incorporated?

Fundamental Global Inc. is incorporated in Delaware.

How can investors contact Fundamental Global Inc.?

Investors can contact Fundamental Global Inc. via email at investors@fundamentalglobal.com.

What is the historical significance of the Louisiana and Texas markets for Fundamental Global Inc.?

These regions have been historically underserved due to unique weather-related risks, which Fundamental Global Inc. aims to address through its insurance offerings.

What drives the majority of revenue for Fundamental Global Inc.?

The majority of revenue for Fundamental Global Inc. is generated from its Insurance segment.

Where can I find the latest news about Fundamental Global Inc.?

The latest news and updates about Fundamental Global Inc. can be found on the StockTitan platform.

Stock FGF logo
Fundamental Global Inc.

Nasdaq:FGF

FGF Rankings

#5154 Ranked by Market Cap
N/A Ranked by Dividends

FGF Stock Data

28.05M
1.12M
12.69%
38.44%
0.5%
Insurance - Diversified
Fire, Marine & Casualty Insurance
Link
United States of America
ITASCA