FBL Financial Group (NYSE:FFG) has been given an average broker rating score of 3.00 (Hold) from the three analysts that cover the company, Zacks Investment Research reports. Three equities research analysts have rated the stock with a hold recommendation.
Zacks has also given FBL Financial Group an industry rank of 74 out of 255 based on the ratings given to its competitors.
Several research firms have recently issued reports on FFG. Zacks Investment Research raised shares of FBL Financial Group from a “sell” rating to a “hold” rating in a research note on Thursday, June 7th. ValuEngine lowered shares of FBL Financial Group from a “buy” rating to a “hold” rating in a research note on Wednesday, August 8th.
FFG stock opened at $82.75 on Friday. 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 52-week low of $64.00 and a 52-week high of $85.70. The stock has a market cap of $2.01 billion, a PE ratio of 19.16 and a beta of 0.83.
FBL Financial Group (NYSE:FFG) last posted its earnings results on Thursday, August 2nd. The financial services provider reported $1.31 earnings per share (EPS) for the quarter, topping the 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 analyst estimates of $192.62 million. sell-side analysts forecast that FBL Financial Group will post 4.85 earnings per share for the current fiscal year.
The business also recently declared a quarterly dividend, which will be paid on Friday, September 28th. Investors of record on Friday, September 14th will be paid a $0.46 dividend. This represents a $1.84 dividend on an annualized basis and a yield of 2.22%. The ex-dividend date of this dividend is Thursday, September 13th. FBL Financial Group’s dividend payout ratio is presently 42.59%.
Institutional investors have recently modified their holdings of the stock. Barclays PLC lifted its stake in FBL Financial Group by 149.8% in the 1st quarter. Barclays PLC now owns 4,087 shares of the financial services provider’s stock valued at $284,000 after buying an additional 2,451 shares in the last quarter. HGK Asset Management Inc. lifted its stake in FBL Financial Group by 19.4% in the 2nd quarter. HGK Asset Management Inc. now owns 5,356 shares of the financial services provider’s stock valued at $422,000 after buying an additional 870 shares in the last quarter. Zebra Capital Management LLC purchased a new position in FBL Financial Group in the 2nd quarter valued at about $527,000. Russell Investments Group Ltd. lifted its stake in FBL Financial Group by 26.9% in the 1st quarter. Russell Investments Group Ltd. now owns 11,138 shares of the financial services provider’s stock valued at $772,000 after buying an additional 2,358 shares in the last quarter. Finally, LSV Asset Management purchased a new position in FBL Financial Group in the 2nd quarter valued at about $1,346,000. 29.71% of the stock is currently owned by hedge funds and other institutional investors.
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.
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