Brokerages Anticipate FBL Financial Group (FFG) to Post $1.15 EPS

FBL Financial Group (NYSE:FFG) has been given a consensus broker rating score of 3.00 (Hold) from the one analysts that cover the company, Zacks Investment Research reports. One research analyst has rated the stock with a hold rating.

Zacks has also given FBL Financial Group an industry rank of 202 out of 255 based on the ratings given to related companies.

A number of analysts recently weighed in on the stock. TheStreet lowered shares of FBL Financial Group from a “b” rating to a “c+” rating in a report on Friday, February 8th. Zacks Investment Research lowered shares of FBL Financial Group from a “buy” rating to a “hold” rating in a report on Monday, January 7th.

Institutional investors have recently bought and sold shares of the stock. Quantamental Technologies LLC bought a new stake in FBL Financial Group during the 4th quarter worth approximately $26,000. Metropolitan Life Insurance Co. NY grew its stake in FBL Financial Group by 363.0% in the 4th quarter. Metropolitan Life Insurance Co. NY now owns 3,158 shares of the financial services provider’s stock worth $207,000 after buying an additional 2,476 shares in the last quarter. First Quadrant L P CA purchased a new position in FBL Financial Group in the 4th quarter worth approximately $232,000. Citigroup Inc. grew its stake in FBL Financial Group by 14.6% in the 4th quarter. Citigroup Inc. now owns 3,570 shares of the financial services provider’s stock worth $234,000 after buying an additional 455 shares in the last quarter. Finally, Cigna Investments Inc. New purchased a new position in FBL Financial Group in the 4th quarter worth approximately $239,000. 30.11% of the stock is currently owned by institutional investors and hedge funds.

NYSE FFG opened at $63.98 on Monday. FBL Financial Group has a 12-month low of $59.61 and a 12-month high of $85.70. The company has a debt-to-equity ratio of 0.08, a quick ratio of 0.03 and a current ratio of 0.03. The company has a market capitalization of $1.56 billion, a PE ratio of 14.67 and a beta of 0.76.

FBL Financial Group (NYSE:FFG) last posted its quarterly earnings results on Thursday, February 7th. The financial services provider reported $0.75 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.92 by ($0.17). The business had revenue of $158.64 million during the quarter, compared to the consensus estimate of $190.76 million. FBL Financial Group had a net margin of 13.00% and a return on equity of 9.14%. Research analysts predict that FBL Financial Group will post 4.9 earnings per share for the current fiscal year.

The company also recently announced a quarterly dividend, which was paid on Friday, March 29th. Investors of record on Friday, March 15th were issued a dividend of $0.48 per share. This represents a $1.92 dividend on an annualized basis and a yield of 3.00%. The ex-dividend date of this dividend was Thursday, March 14th. This is a positive change from FBL Financial Group’s previous quarterly dividend of $0.46. FBL Financial Group’s dividend payout ratio 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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