FBL Financial Group (NYSE:FFG) Posts Quarterly Earnings Results, Beats Estimates By $0.16 EPS

FBL Financial Group (NYSE:FFG) announced its quarterly earnings results on Sunday. The financial services provider reported $0.96 earnings per share for the quarter, beating the Thomson Reuters’ consensus estimate of $0.80 by $0.16, MarketWatch Earnings reports. FBL Financial Group had a net margin of 10.92% and a return on equity of 6.64%.

NYSE FFG traded up $0.04 during trading hours on Tuesday, reaching $60.80. 6,015 shares of the company’s stock traded hands, compared to its average volume of 72,151. FBL Financial Group has a 52-week low of $30.88 and a 52-week high of $60.85. The firm has a market cap of $1.48 billion, a PE ratio of 18.94 and a beta of 0.17. The firm has a 50-day simple moving average of $56.35 and a 200 day simple moving average of $54.53. The company has a debt-to-equity ratio of 0.06, a current ratio of 0.03 and a quick ratio of 0.03.

The business also recently announced a quarterly dividend, which was paid on Wednesday, March 31st. Stockholders of record on Monday, March 15th were given a $0.52 dividend. This represents a $2.08 annualized dividend and a dividend yield of 3.42%. This is a boost from FBL Financial Group’s previous quarterly dividend of $0.50. The ex-dividend date of this dividend was Friday, March 12th. FBL Financial Group’s dividend payout ratio (DPR) is currently 43.79%.

Several equities research analysts have weighed in on FFG shares. Zacks Investment Research raised shares of FBL Financial Group from a “strong sell” rating to a “hold” rating in a research report on Monday, April 26th. Raymond James cut shares of FBL Financial Group from an “outperform” rating to an “underperform” rating in a research report on Tuesday.

FBL Financial Group Company Profile

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.

Read More: Hold Rating

Earnings History for FBL Financial Group (NYSE:FFG)

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