Brokerages Anticipate FBL Financial Group (NYSE:FFG) to Announce $1.24 Earnings Per Share

FBL Financial Group (NYSE:FFG) has earned an average broker rating score of 5.00 (Strong Sell) from the one brokers that provide coverage for the company, Zacks Investment Research reports. One equities research analyst has rated the stock with a strong sell recommendation. FBL Financial Group’s rating score has declined by 66.7% in the last 90 days as a result of various analysts’ upgrades and downgrades.

Zacks has also given FBL Financial Group an industry rank of 164 out of 255 based on the ratings given to related companies.

A number of equities research analysts have commented on the company. Zacks Investment Research upgraded FBL Financial Group from a “sell” rating to a “hold” rating in a research report on Tuesday, October 1st. TheStreet lowered FBL Financial Group from a “b” rating to a “c+” rating in a research report on Monday, August 5th. Raymond James lowered FBL Financial Group from a “market perform” rating to an “underperform” rating in a research report on Tuesday, August 6th. Finally, ValuEngine upgraded FBL Financial Group from a “sell” rating to a “hold” rating in a research report on Wednesday, October 2nd.

FFG traded down $0.40 during trading hours on Monday, hitting $56.99. 12,377 shares of the stock were exchanged, compared to its average volume of 23,284. FBL Financial Group has a 12 month low of $52.91 and a 12 month high of $76.00. 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 stock has a 50-day simple moving average of $57.17 and a 200-day simple moving average of $61.06. The stock has a market cap of $1.39 billion, a price-to-earnings ratio of 13.07 and a beta of 0.70.

FBL Financial Group (NYSE:FFG) last announced its quarterly earnings data on Thursday, August 1st. The financial services provider reported $1.28 EPS for the quarter, topping the Zacks’ consensus estimate of $1.25 by $0.03. FBL Financial Group had a return on equity of 8.62% and a net margin of 13.96%. The firm had revenue of $192.91 million during the quarter. Sell-side analysts expect that FBL Financial Group will post 4.8 EPS for the current year.

The company also recently declared a quarterly dividend, which was paid on Monday, September 30th. Stockholders of record on Monday, September 16th were paid a dividend of $0.48 per share. This represents a $1.92 dividend on an annualized basis and a dividend yield of 3.37%. The ex-dividend date of this dividend was Friday, September 13th. FBL Financial Group’s dividend payout ratio (DPR) is presently 44.04%.

Several institutional investors and hedge funds have recently bought and sold shares of the company. Dalton Greiner Hartman Maher & Co. increased its holdings in FBL Financial Group by 8.6% in the second quarter. Dalton Greiner Hartman Maher & Co. now owns 200,924 shares of the financial services provider’s stock valued at $12,819,000 after purchasing an additional 15,872 shares during the last quarter. Summit Global Investments bought a new stake in FBL Financial Group in the second quarter valued at about $676,000. Nuveen Asset Management LLC bought a new stake in FBL Financial Group in the second quarter valued at about $2,499,000. Vanguard Group Inc. increased its holdings in FBL Financial Group by 1.2% in the second quarter. Vanguard Group Inc. now owns 913,814 shares of the financial services provider’s stock valued at $58,301,000 after purchasing an additional 10,887 shares during the last quarter. Finally, BlackRock Inc. increased its holdings in FBL Financial Group by 8.4% in the second quarter. BlackRock Inc. now owns 733,760 shares of the financial services provider’s stock valued at $46,811,000 after purchasing an additional 56,606 shares during the last quarter. 29.12% of the stock is owned by institutional investors.

About FBL Financial Group

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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