Shares of FBL Financial Group, Inc. (NYSE:FFG) have been given a consensus broker rating score of 3.00 (Hold) from the two brokers that cover the stock, Zacks Investment Research reports. Two analysts have rated the stock with a hold rating.
Zacks has also given FBL Financial Group an industry rank of 194 out of 265 based on the ratings given to related companies.
FFG has been the subject of a number of research reports. Zacks Investment Research cut shares of FBL Financial Group from a “buy” rating to a “hold” rating in a report on Friday, September 1st. ValuEngine raised shares of FBL Financial Group from a “hold” rating to a “buy” rating in a report on Wednesday, September 13th.
Several hedge funds have recently added to or reduced their stakes in the company. Los Angeles Capital Management & Equity Research Inc. grew its position in shares of FBL Financial Group by 0.4% in the second quarter. Los Angeles Capital Management & Equity Research Inc. now owns 24,851 shares of the financial services provider’s stock valued at $1,528,000 after purchasing an additional 100 shares during the last quarter. Aperio Group LLC boosted its position in FBL Financial Group by 1.7% during the second quarter. Aperio Group LLC now owns 11,827 shares of the financial services provider’s stock worth $727,000 after acquiring an additional 199 shares during the last quarter. Alliancebernstein L.P. boosted its position in FBL Financial Group by 1.4% during the second quarter. Alliancebernstein L.P. now owns 14,360 shares of the financial services provider’s stock worth $883,000 after acquiring an additional 200 shares during the last quarter. Schwab Charles Investment Management Inc. boosted its position in FBL Financial Group by 1.1% during the second quarter. Schwab Charles Investment Management Inc. now owns 47,390 shares of the financial services provider’s stock worth $2,915,000 after acquiring an additional 503 shares during the last quarter. Finally, PNC Financial Services Group Inc. boosted its position in FBL Financial Group by 1.5% during the second quarter. PNC Financial Services Group Inc. now owns 38,563 shares of the financial services provider’s stock worth $2,372,000 after acquiring an additional 581 shares during the last quarter. Institutional investors and hedge funds own 27.75% of the company’s stock.
Shares of FBL Financial Group (FFG) traded down $1.25 during midday trading on Thursday, reaching $71.65. The company’s stock had a trading volume of 16,292 shares, compared to its average volume of 18,134. The stock has a market capitalization of $1,786.45, a price-to-earnings ratio of 16.43 and a beta of 0.89. The company has a current ratio of 0.03, a quick ratio of 0.03 and a debt-to-equity ratio of 0.08. FBL Financial Group has a 52 week low of $59.75 and a 52 week high of $82.60.
FBL Financial Group (NYSE:FFG) last issued its earnings results on Thursday, November 2nd. The financial services provider reported $1.03 EPS for the quarter, missing analysts’ consensus estimates of $1.12 by ($0.09). The firm had revenue of $181.56 million for the quarter, compared to analyst estimates of $184.51 million. FBL Financial Group had a return on equity of 8.93% and a net margin of 15.30%. The business’s revenue for the quarter was up .2% on a year-over-year basis. During the same quarter in the previous year, the firm posted $1.20 EPS. analysts predict that FBL Financial Group will post 4.35 EPS for the current fiscal year.
The business also recently announced a quarterly dividend, which will be paid on Friday, December 29th. Shareholders of record on Friday, December 15th will be issued a $0.44 dividend. The ex-dividend date is Thursday, December 14th. This represents a $1.76 dividend on an annualized basis and a yield of 2.46%. FBL Financial Group’s dividend payout ratio (DPR) is presently 39.20%.
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FBL Financial Group Company Profile
FBL Financial Group, Inc sells individual life insurance and annuity products under the brand name of Farm Bureau Financial Services. The Company’s segments are Annuity Segment, which sells a variety of traditional annuity products; Life Insurance Segment, which sells a range of traditional and universal life insurance products, and Corporate and Other segment, which provides various support operations, corporate capital and other product lines.
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