Analysts Anticipate FBL Financial Group (FFG) to Announce $1.15 Earnings Per Share

Shares of FBL Financial Group (NYSE:FFG) have been given an average broker rating score of 3.00 (Hold) from the two analysts that cover the stock, Zacks Investment Research reports. Two investment analysts have rated the stock with a hold rating.

Zacks has also given FBL Financial Group an industry rank of 50 out of 265 based on the ratings given to its competitors.

Several analysts recently commented on FFG shares. ValuEngine upgraded shares of FBL Financial Group from a “hold” rating to a “buy” rating in a research report on Friday, December 1st. Zacks Investment Research upgraded shares of FBL Financial Group from a “hold” rating to a “strong-buy” rating and set a $83.00 price target for the company in a research report on Friday, January 19th.

Shares of FBL Financial Group (NYSE:FFG) opened at $64.75 on Friday. FBL Financial Group has a 12-month low of $59.75 and a 12-month high of $79.70. The company has a market cap of $1,651.81, a price-to-earnings ratio of 8.35 and a beta of 0.86. The company has a debt-to-equity ratio of 0.08, a current ratio of 0.03 and a quick ratio of 0.03.

FBL Financial Group (NYSE:FFG) last released its quarterly earnings results on Thursday, February 8th. The financial services provider reported $0.99 EPS for the quarter, missing the consensus estimate of $1.04 by ($0.05). FBL Financial Group had a net margin of 26.42% and a return on equity of 8.78%. The business had revenue of $183.01 million during the quarter, compared to analysts’ expectations of $184.56 million. equities analysts forecast that FBL Financial Group will post 4.9 earnings per share for the current year.

A number of institutional investors have recently made changes to their positions in FFG. Taiyo Life Insurance Co. purchased a new position in FBL Financial Group during the 4th quarter worth $24,296,000. Victory Capital Management Inc. raised its position in FBL Financial Group by 9.4% during the 3rd quarter. Victory Capital Management Inc. now owns 677,344 shares of the financial services provider’s stock worth $50,462,000 after buying an additional 58,034 shares during the last quarter. Shell Asset Management Co. purchased a new position in FBL Financial Group during the 3rd quarter worth $2,064,000. Goldman Sachs Group Inc. raised its position in FBL Financial Group by 55.1% during the 2nd quarter. Goldman Sachs Group Inc. now owns 74,402 shares of the financial services provider’s stock worth $4,576,000 after buying an additional 26,440 shares during the last quarter. Finally, Vanguard Group Inc. raised its position in FBL Financial Group by 1.9% during the 2nd quarter. Vanguard Group Inc. now owns 875,833 shares of the financial services provider’s stock worth $53,863,000 after buying an additional 16,134 shares during the last quarter. Institutional investors own 29.13% of the company’s stock.

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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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