FBL Financial Group (FFG) Receives Consensus Recommendation of “Hold” from Brokerages

Shares of FBL Financial Group (NYSE:FFG) have been assigned a consensus broker rating score of 3.00 (Hold) from the one brokers that provide coverage for the company, Zacks Investment Research reports. One analyst has rated the stock with a hold recommendation.

Zacks has also given FBL Financial Group an industry rank of 22 out of 256 based on the ratings given to related companies.

Several equities analysts recently commented on the company. ValuEngine lowered FBL Financial Group from a “hold” rating to a “sell” rating in a research report on Wednesday, May 1st. TheStreet lowered FBL Financial Group from a “b” rating to a “c+” rating in a research report on Friday, February 8th.

Institutional investors and hedge funds have recently made changes to their positions in the business. Quantamental Technologies LLC acquired a new position in shares of FBL Financial Group in the 4th quarter valued at approximately $26,000. Nisa Investment Advisors LLC acquired a new position in shares of FBL Financial Group in the 1st quarter valued at approximately $129,000. BNP Paribas Arbitrage SA raised its position in shares of FBL Financial Group by 172.9% in the 1st quarter. BNP Paribas Arbitrage SA now owns 2,290 shares of the financial services provider’s stock valued at $144,000 after purchasing an additional 1,451 shares in the last quarter. SG Americas Securities LLC acquired a new position in shares of FBL Financial Group in the 1st quarter valued at approximately $155,000. Finally, Metropolitan Life Insurance Co. NY raised its position in shares of FBL Financial Group by 363.0% in the 4th quarter. Metropolitan Life Insurance Co. NY now owns 3,158 shares of the financial services provider’s stock valued at $207,000 after purchasing an additional 2,476 shares in the last quarter. 29.86% of the stock is currently owned by institutional investors.

FBL Financial Group stock traded up $0.38 during midday trading on Wednesday, hitting $64.57. 11,800 shares of the company were exchanged, compared to its average volume of 24,203. The firm has a market capitalization of $1.61 billion, a PE ratio of 14.81 and a beta of 0.74. The company has a debt-to-equity ratio of 0.08, a quick ratio of 0.03 and a current ratio of 0.03. FBL Financial Group has a fifty-two week low of $59.61 and a fifty-two week high of $85.70.

FBL Financial Group (NYSE:FFG) last released its quarterly earnings results on Thursday, May 2nd. The financial services provider reported $1.04 EPS for the quarter, missing the consensus estimate of $1.15 by ($0.11). The company 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%.

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.

Further Reading: P/E Growth (PEG)

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