FBL Financial Group, Inc. (NYSE:FFG) – Analysts at Langen Mcalenn increased their FY2017 earnings per share estimates for FBL Financial Group in a research report issued on Monday. Langen Mcalenn analyst R. Glasspiegel now forecasts that the financial services provider will post earnings per share of $4.55 for the year, up from their prior forecast of $4.35. Langen Mcalenn also issued estimates for FBL Financial Group’s Q4 2017 earnings at $1.15 EPS, Q1 2018 earnings at $1.10 EPS, Q2 2018 earnings at $1.14 EPS, Q3 2018 earnings at $1.15 EPS, Q4 2018 earnings at $1.17 EPS and FY2018 earnings at $4.55 EPS.

FBL Financial Group (NYSE:FFG) last issued its earnings results on Thursday, August 3rd. The financial services provider reported $1.23 EPS for the quarter, topping the consensus estimate of $1.04 by $0.19. The firm had revenue of $189 million during the quarter, compared to analysts’ expectations of $181.63 million. FBL Financial Group had a return on equity of 9.12% and a net margin of 15.70%. FBL Financial Group’s quarterly revenue was up 4.2% compared to the same quarter last year. During the same period last year, the business earned $1.02 earnings per share. COPYRIGHT VIOLATION WARNING: “Equities Analysts Issue Forecasts for FBL Financial Group, Inc.’s FY2017 Earnings (FFG)” was posted by American Banking News and is the property of of American Banking News. If you are accessing this piece on another site, it was illegally stolen and republished in violation of U.S. & international copyright and trademark law. The correct version of this piece can be viewed at https://www.americanbankingnews.com/2017/08/08/equities-analysts-issue-forecasts-for-fbl-financial-group-inc-s-fy2017-earnings-ffg.html.

FFG has been the topic of a number of other reports. Zacks Investment Research raised FBL Financial Group from a “hold” rating to a “buy” rating and set a $69.00 target price on the stock in a report on Wednesday, June 7th. BidaskClub raised FBL Financial Group from a “sell” rating to a “hold” rating in a report on Tuesday, July 11th.

FBL Financial Group (FFG) opened at 69.50 on Tuesday. The company has a 50-day moving average price of $64.29 and a 200 day moving average price of $65.99. FBL Financial Group has a 12 month low of $59.75 and a 12 month high of $82.60. The company has a market capitalization of $1.73 billion, a PE ratio of 16.20 and a beta of 0.88.

Hedge funds and other institutional investors have recently modified their holdings of the stock. BNP Paribas Arbitrage SA raised its position in shares of FBL Financial Group by 134.7% in the second quarter. BNP Paribas Arbitrage SA now owns 2,068 shares of the financial services provider’s stock worth $127,000 after buying an additional 1,187 shares in the last quarter. Legal & General Group Plc raised its position in shares of FBL Financial Group by 34.5% in the second quarter. Legal & General Group Plc now owns 4,417 shares of the financial services provider’s stock worth $272,000 after buying an additional 1,134 shares in the last quarter. Eqis Capital Management Inc. raised its position in shares of FBL Financial Group by 7.1% in the first quarter. Eqis Capital Management Inc. now owns 4,203 shares of the financial services provider’s stock worth $275,000 after buying an additional 277 shares in the last quarter. American International Group Inc. raised its position in shares of FBL Financial Group by 7.2% in the first quarter. American International Group Inc. now owns 6,063 shares of the financial services provider’s stock worth $397,000 after buying an additional 408 shares in the last quarter. Finally, Russell Investments Group Ltd. purchased a new position in shares of FBL Financial Group during the second quarter worth approximately $422,000. 29.37% of the stock is currently owned by hedge funds and other institutional investors.

FBL Financial Group Company Profile

FBL Financial Group, Inc sells individual life insurance and annuity products under the brand name of Farm Bureau Financial Services. The Company’s segments are Annuity Segment, which sells a variety of traditional annuity products; Life Insurance Segment, which sells a range of traditional and universal life insurance products, and Corporate and Other segment, which provides various support operations, corporate capital and other product lines.

Earnings History and Estimates for FBL Financial Group (NYSE:FFG)

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