FBL Financial Group (NYSE:FFG) Expected to Post Earnings of $1.25 Per Share

Wall Street brokerages predict that FBL Financial Group (NYSE:FFG) will post earnings of $1.25 per share for the current fiscal quarter, according to Zacks. Zero analysts have provided estimates for FBL Financial Group’s earnings. FBL Financial Group reported earnings of $1.31 per share in the same quarter last year, which indicates a negative year-over-year growth rate of 4.6%. The firm is expected to issue its next earnings results on Thursday, August 1st.

According to Zacks, 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 expect that the firm will post earnings of $5.00 per share. Zacks’ EPS averages are a mean average based on a survey of research firms that cover FBL Financial Group.

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

A number of research firms have issued reports on FFG. ValuEngine cut FBL Financial Group from a “hold” rating to a “sell” rating in a report on Wednesday, May 1st. TheStreet upgraded FBL Financial Group from a “c+” rating to a “b” rating in a report on Friday, May 10th. Finally, Zacks Investment Research cut FBL Financial Group from a “hold” rating to a “sell” rating in a report on Monday, June 3rd.

FFG stock traded down $0.11 during trading hours on Monday, reaching $63.46. 3 shares of the stock were exchanged, compared to its average volume of 20,490. The stock has a market cap of $1.57 billion, a PE ratio of 14.61 and a beta of 0.72. The company has a current ratio of 0.03, a quick ratio of 0.03 and a debt-to-equity ratio of 0.08. FBL Financial Group has a 12 month low of $59.61 and a 12 month high of $85.70.

The company also recently announced a quarterly dividend, which will be paid on Friday, June 28th. Shareholders of record on Friday, June 14th will be issued a dividend of $0.48 per share. This represents a $1.92 dividend on an annualized basis and a yield of 3.03%. The ex-dividend date of this dividend is Thursday, June 13th. FBL Financial Group’s dividend payout ratio (DPR) is presently 44.04%.

A number of hedge funds have recently added to or reduced their stakes in FFG. Legal & General Group Plc grew its holdings in shares of FBL Financial Group by 5.7% in the 4th quarter. Legal & General Group Plc now owns 3,732 shares of the financial services provider’s stock valued at $245,000 after acquiring an additional 201 shares in the last quarter. Quantamental Technologies LLC bought a new position in shares of FBL Financial Group in the 4th quarter valued at about $26,000. Citigroup Inc. grew its holdings in shares of FBL Financial Group by 14.6% in the 4th quarter. Citigroup Inc. now owns 3,570 shares of the financial services provider’s stock valued at $234,000 after acquiring an additional 455 shares in the last quarter. Los Angeles Capital Management & Equity Research Inc. grew its holdings in shares of FBL Financial Group by 3.3% in the 1st quarter. Los Angeles Capital Management & Equity Research Inc. now owns 22,116 shares of the financial services provider’s stock valued at $1,387,000 after acquiring an additional 700 shares in the last quarter. Finally, Thrivent Financial for Lutherans grew its holdings in shares of FBL Financial Group by 3.7% in the 4th quarter. Thrivent Financial for Lutherans now owns 39,266 shares of the financial services provider’s stock valued at $2,578,000 after acquiring an additional 1,385 shares in the last quarter. Hedge funds and other institutional investors own 28.94% 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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