FBL Financial Group (NYSE:FFG) has earned an average broker rating score of 3.00 (Hold) from the one brokers that provide coverage for the company, Zacks Investment Research reports. One investment analyst has rated the stock with a hold recommendation. FBL Financial Group’s rating score has improved by 40% from 90 days ago as a result of various analysts’ ratings changes.
Zacks has also assigned FBL Financial Group an industry rank of 153 out of 255 based on the ratings given to its competitors.
FFG has been the topic of a number of recent analyst reports. ValuEngine raised shares of FBL Financial Group from a “sell” rating to a “hold” rating in a research report on Wednesday, October 2nd. Raymond James upgraded shares of FBL Financial Group from an “underperform” rating to a “market perform” rating in a research note on Monday, November 4th. Finally, Zacks Investment Research downgraded shares of FBL Financial Group from a “hold” rating to a “sell” rating in a research note on Wednesday, November 6th.
Several hedge funds have recently added to or reduced their stakes in FFG. Wells Fargo & Company MN lifted its holdings in shares of FBL Financial Group by 31.7% in the 2nd quarter. Wells Fargo & Company MN now owns 129,192 shares of the financial services provider’s stock valued at $8,243,000 after buying an additional 31,068 shares during the period. BlackRock Inc. boosted its position in shares of FBL Financial Group by 8.4% during the 2nd quarter. BlackRock Inc. now owns 733,760 shares of the financial services provider’s stock worth $46,811,000 after purchasing an additional 56,606 shares in the last quarter. Renaissance Technologies LLC grew its stake in shares of FBL Financial Group by 86.7% during the 2nd quarter. Renaissance Technologies LLC now owns 70,400 shares of the financial services provider’s stock worth $4,492,000 after purchasing an additional 32,700 shares during the period. WINTON GROUP Ltd acquired a new position in shares of FBL Financial Group during the 2nd quarter worth $322,000. Finally, Northern Trust Corp increased its holdings in shares of FBL Financial Group by 1.2% in the 2nd quarter. Northern Trust Corp now owns 325,336 shares of the financial services provider’s stock valued at $20,757,000 after purchasing an additional 3,911 shares in the last quarter. Institutional investors own 29.16% of the company’s stock.
Shares of NYSE:FFG remained flat at $$55.76 during mid-day trading on Friday. 10,030 shares of the company were exchanged, compared to its average volume of 16,856. The company has a market cap of $1.42 billion, a price-to-earnings ratio of 12.79 and a beta of 0.66. The company has a debt-to-equity ratio of 0.06, a quick ratio of 0.03 and a current ratio of 0.03. FBL Financial Group has a 1 year low of $52.91 and a 1 year high of $72.21. The company has a 50-day moving average price of $57.46 and a 200-day moving average price of $59.25.
FBL Financial Group (NYSE:FFG) last posted its quarterly earnings data on Thursday, October 31st. The financial services provider reported $1.02 EPS for the quarter, missing the Thomson Reuters’ consensus estimate of $1.24 by ($0.22). FBL Financial Group had a net margin of 13.23% and a return on equity of 7.61%. The business had revenue of $184.66 million during the quarter, compared to analysts’ expectations of $188.96 million. On average, research analysts predict that FBL Financial Group will post 4.58 earnings per share for the current year.
The firm also recently announced a quarterly dividend, which will be paid on Tuesday, December 31st. Stockholders of record on Monday, December 16th will be paid a dividend of $0.48 per share. The ex-dividend date is Friday, December 13th. This represents a $1.92 annualized dividend and a dividend yield of 3.44%. FBL Financial Group’s dividend payout ratio (DPR) is 44.04%.
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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