FBL Financial Group (NYSE:FFG) Hits New 1-Year Low at $54.84

FBL Financial Group (NYSE:FFG)’s share price hit a new 52-week low during mid-day trading on Thursday . The company traded as low as $54.84 and last traded at $54.92, with a volume of 240 shares changing hands. The stock had previously closed at $55.42.

A number of research analysts have issued reports on FFG shares. ValuEngine raised shares of FBL Financial Group from a “sell” rating to a “hold” rating in a report on Thursday, August 1st. Raymond James cut shares of FBL Financial Group from a “market perform” rating to an “underperform” rating in a report on Tuesday, August 6th. Zacks Investment Research cut shares of FBL Financial Group from a “hold” rating to a “sell” rating in a report on Thursday, August 8th. Finally, TheStreet cut shares of FBL Financial Group from a “b” rating to a “c+” rating in a report on Monday, August 5th.

The company has a debt-to-equity ratio of 0.07, a current ratio of 0.03 and a quick ratio of 0.03. The company has a market capitalization of $1.42 billion, a P/E ratio of 12.71 and a beta of 0.68. The business’s fifty day moving average price is $62.32.



FBL Financial Group (NYSE:FFG) last released its quarterly earnings results on Thursday, August 1st. The financial services provider reported $1.28 EPS for the quarter, beating the consensus estimate of $1.25 by $0.03. The business had revenue of $192.91 million for the quarter. FBL Financial Group had a net margin of 13.96% and a return on equity of 8.62%. Analysts expect that FBL Financial Group will post 4.8 earnings per share for the current fiscal year.

Hedge funds have recently added to or reduced their stakes in the company. Bank of Montreal Can grew its position in shares of FBL Financial Group by 140.1% in the second quarter. Bank of Montreal Can now owns 1,402 shares of the financial services provider’s stock valued at $89,000 after purchasing an additional 818 shares during the last quarter. Steward Partners Investment Advisory LLC acquired a new stake in shares of FBL Financial Group in the second quarter valued at approximately $127,000. Nisa Investment Advisors LLC acquired a new stake in shares of FBL Financial Group in the first quarter valued at approximately $129,000. BNP Paribas Arbitrage SA grew its position in shares of FBL Financial Group by 172.9% in the first quarter. BNP Paribas Arbitrage SA now owns 2,290 shares of the financial services provider’s stock valued at $144,000 after purchasing an additional 1,451 shares during the last quarter. Finally, SG Americas Securities LLC acquired a new stake in shares of FBL Financial Group in the first quarter valued at approximately $155,000. Institutional investors and hedge funds own 28.72% of the company’s stock.

FBL Financial Group Company Profile (NYSE:FFG)

FBL Financial Group, Inc, through its subsidiaries, sells individual life insurance and annuity products. The Annuity segment sells various traditional annuity products that primarily consist of fixed rate and indexed annuities, and supplementary contracts. The Life Insurance segment offers whole life, term life, and universal life policies.

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