FBL Financial Group, Inc. (FFG) Set to Announce Earnings on Thursday
FBL Financial Group, Inc. (NYSE:FFG) will release its earnings data after the market closes on Thursday, November 2nd. Analysts expect FBL Financial Group to post earnings of $1.12 per share for the quarter.
FBL Financial Group (NYSE:FFG) last announced its quarterly earnings data on Thursday, August 3rd. The financial services provider reported $1.23 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.04 by $0.19. The firm had revenue of $189.00 million for the quarter, compared to the consensus estimate of $181.63 million. FBL Financial Group had a net margin of 15.70% and a return on equity of 9.12%. The business’s revenue for the quarter was up 4.2% on a year-over-year basis. During the same period in the prior year, the company posted $1.02 earnings per share. On average, analysts expect FBL Financial Group to post $4.45 EPS for the current fiscal year and $4.35 EPS for the next fiscal year.
Shares of FBL Financial Group, Inc. (NYSE:FFG) opened at 78.35 on Thursday. The firm’s 50-day moving average is $73.78 and its 200-day moving average is $67.78. The firm has a market capitalization of $1.95 billion, a P/E ratio of 17.00 and a beta of 0.89. FBL Financial Group, Inc. has a 52 week low of $59.75 and a 52 week high of $82.60.
The business also recently disclosed a quarterly dividend, which was paid on Friday, September 29th. Investors of record on Friday, September 15th were given a $0.44 dividend. This represents a $1.76 annualized dividend and a dividend yield of 2.25%. The ex-dividend date of this dividend was Thursday, September 14th. FBL Financial Group’s dividend payout ratio (DPR) is 38.18%.
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In other FBL Financial Group news, Director Scott Vanderwal sold 2,000 shares of the company’s stock in a transaction that occurred on Tuesday, August 8th. The stock was sold at an average price of $70.46, for a total value of $140,920.00. Following the completion of the sale, the director now owns 4,000 shares of the company’s stock, valued at $281,840. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link. 0.60% of the stock is currently owned by corporate insiders.
Several research analysts recently weighed in on the stock. Zacks Investment Research upgraded shares of FBL Financial Group from a “hold” rating to a “buy” rating and set a $84.00 price objective on the stock in a research report on Friday, September 29th. Raymond James Financial, Inc. upgraded shares of FBL Financial Group from an “underperform” rating to a “market perform” rating in a research report on Wednesday, August 9th. Finally, BidaskClub upgraded shares of FBL Financial Group from a “sell” rating to a “hold” rating in a research report on Tuesday, July 11th.
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.
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