FBL Financial Group (NYSE:FFG) Issues Quarterly Earnings Results

FBL Financial Group (NYSE:FFG) posted its quarterly earnings data on Thursday. The financial services provider reported $1.28 earnings per share (EPS) for the quarter, beating the Thomson Reuters’ consensus estimate of $1.25 by $0.03, Morningstar.com reports. The business had revenue of $192.91 million for the quarter. FBL Financial Group had a net margin of 13.96% and a return on equity of 8.95%.

Shares of NYSE:FFG traded down $1.63 during midday trading on Friday, hitting $59.80. The company’s stock had a trading volume of 15,161 shares, compared to its average volume of 18,262. The business’s 50 day moving average is $61.03. 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 $1.51 billion, a P/E ratio of 13.72 and a beta of 0.68. FBL Financial Group has a 12-month low of $59.03 and a 12-month high of $85.70.

Several research firms have issued reports on FFG. ValuEngine raised shares of FBL Financial Group from a “sell” rating to a “hold” rating in a report on Thursday. TheStreet raised shares of FBL Financial Group from a “c+” rating to a “b” rating in a report on Friday, May 10th. Finally, Zacks Investment Research raised shares of FBL Financial Group from a “sell” rating to a “hold” rating in a report on Monday, June 17th.

Large investors have recently bought and sold shares of the company. Swiss National Bank grew its position in shares of FBL Financial Group by 1.5% during the second quarter. Swiss National Bank now owns 20,600 shares of the financial services provider’s stock worth $1,314,000 after buying an additional 300 shares in the last quarter. Steward Partners Investment Advisory LLC acquired a new stake in shares of FBL Financial Group during the second quarter worth approximately $127,000. Strs Ohio grew its position in shares of FBL Financial Group by 7.9% during the second quarter. Strs Ohio now owns 10,900 shares of the financial services provider’s stock worth $695,000 after buying an additional 800 shares in the last quarter. WINTON GROUP Ltd bought a new position in FBL Financial Group during the second quarter worth $322,000. Finally, O Shaughnessy Asset Management LLC lifted its stake in FBL Financial Group by 54.5% during the first quarter. O Shaughnessy Asset Management LLC now owns 5,306 shares of the financial services provider’s stock worth $333,000 after purchasing an additional 1,871 shares during the last quarter. 28.67% 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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Earnings History for FBL Financial Group (NYSE:FFG)

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