Brokerages Anticipate FBL Financial Group (FFG) to Post $1.25 Earnings Per Share

Wall Street analysts expect that FBL Financial Group (NYSE:FFG) will announce $1.25 earnings per share for the current fiscal quarter, Zacks reports. Zero analysts have issued estimates for FBL Financial Group’s earnings. FBL Financial Group reported earnings per share of $1.31 during the same quarter last year, which would indicate a negative year over year growth rate of 4.6%. The company is scheduled to issue its next quarterly earnings report on Thursday, August 1st.

On average, analysts expect that FBL Financial Group will report full-year earnings of $4.80 per share for the current fiscal year. For the next fiscal year, analysts forecast that the firm will report earnings of $5.00 per share. Zacks Investment Research’s EPS averages are an average based on a survey of research analysts that cover FBL Financial Group.

FBL Financial Group (NYSE:FFG) last posted its earnings results on Thursday, May 2nd. The financial services provider reported $1.04 earnings per share for the quarter, missing the Thomson Reuters’ consensus estimate of $1.15 by ($0.11). FBL Financial Group had a net margin of 14.03% and a return on equity of 9.00%. The company had revenue of $203.56 million for the quarter.

A number of equities analysts have recently commented on the company. TheStreet lowered FBL Financial Group from a “b” rating to a “c+” rating in a research note on Friday, February 8th. Zacks Investment Research upgraded FBL Financial Group from a “sell” rating to a “hold” rating in a research note on Friday. Finally, ValuEngine upgraded FBL Financial Group from a “sell” rating to a “hold” rating in a research note on Tuesday, May 14th.

NYSE FFG opened at $65.28 on Friday. FBL Financial Group has a fifty-two week low of $59.61 and a fifty-two week 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 stock has a market cap of $1.61 billion, a price-to-earnings ratio of 14.97 and a beta of 0.74.

The firm also recently disclosed a quarterly dividend, which will be paid on Friday, June 28th. Stockholders of record on Friday, June 14th will be paid a $0.48 dividend. The ex-dividend date of this dividend is Thursday, June 13th. This represents a $1.92 dividend on an annualized basis and a dividend yield of 2.94%. FBL Financial Group’s payout ratio is presently 44.04%.

Several institutional investors have recently bought and sold shares of the company. Legal & General Group Plc increased its stake in shares of FBL Financial Group by 5.7% in the fourth quarter. Legal & General Group Plc now owns 3,732 shares of the financial services provider’s stock worth $245,000 after purchasing an additional 201 shares during the period. Quantamental Technologies LLC bought a new position in shares of FBL Financial Group in the fourth quarter worth about $26,000. Citigroup Inc. increased its stake in shares of FBL Financial Group by 14.6% in the fourth quarter. Citigroup Inc. now owns 3,570 shares of the financial services provider’s stock worth $234,000 after purchasing an additional 455 shares during the period. Los Angeles Capital Management & Equity Research Inc. increased its stake in shares of FBL Financial Group by 3.3% in the first quarter. Los Angeles Capital Management & Equity Research Inc. now owns 22,116 shares of the financial services provider’s stock worth $1,387,000 after purchasing an additional 700 shares during the period. Finally, Great West Life Assurance Co. Can increased its stake in shares of FBL Financial Group by 68.2% in the first quarter. Great West Life Assurance Co. Can now owns 1,862 shares of the financial services provider’s stock worth $116,000 after purchasing an additional 755 shares during the period. Institutional investors and hedge funds own 30.03% of the company’s stock.

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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