Shares of FBL Financial Group (NYSE:FFG) have earned a consensus broker rating score of 3.00 (Hold) from the three brokers that cover the stock, Zacks Investment Research reports. Three investment analysts have rated the stock with a hold rating.
Zacks has also given FBL Financial Group an industry rank of 100 out of 255 based on the ratings given to its competitors.
FFG has been the topic of a number of recent analyst reports. ValuEngine downgraded FBL Financial Group from a “buy” rating to a “hold” rating in a research report on Wednesday, August 8th. Zacks Investment Research upgraded FBL Financial Group from a “sell” rating to a “hold” rating in a research report on Tuesday, July 24th.
A number of institutional investors have recently modified their holdings of the stock. Russell Investments Group Ltd. increased its position in FBL Financial Group by 16.3% in the 3rd quarter. Russell Investments Group Ltd. now owns 15,219 shares of the financial services provider’s stock valued at $1,145,000 after acquiring an additional 2,135 shares during the period. Dalton Greiner Hartman Maher & Co. increased its holdings in shares of FBL Financial Group by 30.8% during the 3rd quarter. Dalton Greiner Hartman Maher & Co. now owns 172,285 shares of the financial services provider’s stock worth $12,964,000 after buying an additional 40,542 shares during the last quarter. Northern Trust Corp boosted its position in FBL Financial Group by 8.0% during the 2nd quarter. Northern Trust Corp now owns 331,811 shares of the financial services provider’s stock worth $26,131,000 after purchasing an additional 24,640 shares during the period. Bank of New York Mellon Corp boosted its position in FBL Financial Group by 1.9% during the 2nd quarter. Bank of New York Mellon Corp now owns 101,236 shares of the financial services provider’s stock worth $7,972,000 after purchasing an additional 1,914 shares during the period. Finally, Zebra Capital Management LLC purchased a new stake in FBL Financial Group during the 2nd quarter worth $527,000. Institutional investors own 28.43% of the company’s stock.
Shares of FFG traded up $0.51 during mid-day trading on Wednesday, reaching $69.95. The company had a trading volume of 231 shares, compared to its average volume of 19,972. FBL Financial Group has a 52-week low of $64.00 and a 52-week high of $85.70. The company has a quick ratio of 0.03, a current ratio of 0.03 and a debt-to-equity ratio of 0.08. The company has a market capitalization of $1.72 billion, a price-to-earnings ratio of 16.19 and a beta of 0.91.
FBL Financial Group (NYSE:FFG) last issued its quarterly earnings results on Thursday, November 1st. The financial services provider reported $1.28 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.22 by $0.06. The company had revenue of $188.11 million for the quarter, compared to the consensus estimate of $185.05 million. FBL Financial Group had a return on equity of 9.24% and a net margin of 26.31%. As a group, equities analysts anticipate that FBL Financial Group will post 4.78 EPS for the current fiscal year.
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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