FBL Financial Group (NYSE:FFG) has earned a consensus broker rating score of 3.00 (Hold) from the three analysts that cover the stock, Zacks Investment Research reports. Three investment analysts have rated the stock with a hold rating.
Zacks has also assigned FBL Financial Group an industry rank of 66 out of 255 based on the ratings given to related companies.
FFG has been the topic of several research analyst reports. Zacks Investment Research cut shares of FBL Financial Group from a “hold” rating to a “sell” rating in a research report on Thursday, May 31st. ValuEngine cut shares of FBL Financial Group from a “buy” rating to a “hold” rating in a research report on Wednesday, August 8th.
Shares of FFG traded down $0.25 during mid-day trading on Friday, hitting $80.30. The company had a trading volume of 7,900 shares, compared to its average volume of 19,630. The company has a debt-to-equity ratio of 0.08, a quick ratio of 0.03 and a current ratio of 0.03. FBL Financial Group has a 1-year low of $64.00 and a 1-year high of $85.70. The stock has a market capitalization of $2.02 billion, a PE ratio of 18.47 and a beta of 0.83.
FBL Financial Group (NYSE:FFG) last released its earnings results on Thursday, August 2nd. The financial services provider reported $1.31 earnings per share (EPS) for the quarter, topping the Thomson Reuters’ consensus estimate of $1.23 by $0.08. FBL Financial Group had a net margin of 26.02% and a return on equity of 8.59%. The business had revenue of $189.95 million for the quarter, compared to analysts’ expectations of $192.62 million. sell-side analysts expect that FBL Financial Group will post 4.85 earnings per share for the current fiscal year.
The firm also recently declared a quarterly dividend, which will be paid on Friday, September 28th. Shareholders of record on Friday, September 14th will be given a dividend of $0.46 per share. The ex-dividend date is Thursday, September 13th. This represents a $1.84 dividend on an annualized basis and a yield of 2.29%. FBL Financial Group’s dividend payout ratio (DPR) is 42.59%.
A number of hedge funds have recently made changes to their positions in FFG. Dalton Greiner Hartman Maher & Co. acquired a new position in FBL Financial Group during the second quarter valued at approximately $10,375,000. Victory Capital Management Inc. lifted its position in FBL Financial Group by 7.4% during the first quarter. Victory Capital Management Inc. now owns 785,036 shares of the financial services provider’s stock valued at $54,442,000 after buying an additional 53,935 shares in the last quarter. Wells Fargo & Company MN lifted its position in FBL Financial Group by 46.0% during the second quarter. Wells Fargo & Company MN now owns 93,748 shares of the financial services provider’s stock valued at $7,382,000 after buying an additional 29,523 shares in the last quarter. LSV Asset Management acquired a new position in FBL Financial Group during the second quarter valued at approximately $1,346,000. Finally, BlackRock Inc. lifted its position in FBL Financial Group by 2.3% during the second quarter. BlackRock Inc. now owns 666,339 shares of the financial services provider’s stock valued at $52,475,000 after buying an additional 14,763 shares in the last quarter. 29.71% of the stock is currently owned by hedge funds and other 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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