FBL Financial Group (NYSE:FFG) Announces Quarterly Earnings Results, Beats Expectations By $0.16 EPS


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FBL Financial Group (NYSE:FFG) released its quarterly earnings results on Sunday. The financial services provider reported $0.96 earnings per share for the quarter, beating the Thomson Reuters’ consensus estimate of $0.80 by $0.16, MarketWatch Earnings reports. FBL Financial Group had a return on equity of 6.64% and a net margin of 10.92%.

FFG stock traded up $0.02 during trading on Tuesday, reaching $60.78. 192,274 shares of the company traded hands, compared to its average volume of 73,581. FBL Financial Group has a 12 month low of $30.88 and a 12 month high of $60.85. The business has a 50 day simple moving average of $56.41 and a 200 day simple moving average of $54.58. The company has a market capitalization of $1.48 billion, a price-to-earnings ratio of 18.93 and a beta of 0.17. The company has a debt-to-equity ratio of 0.06, a quick ratio of 0.03 and a current ratio of 0.03.

The business also recently disclosed a quarterly dividend, which was paid on Wednesday, March 31st. Investors of record on Monday, March 15th were given a dividend of $0.52 per share. The ex-dividend date was Friday, March 12th. This represents a $2.08 dividend on an annualized basis and a yield of 3.42%. This is an increase from FBL Financial Group’s previous quarterly dividend of $0.50. FBL Financial Group’s dividend payout ratio (DPR) is presently 43.79%.

FFG has been the topic of several recent research reports. Zacks Investment Research upgraded FBL Financial Group from a “strong sell” rating to a “hold” rating in a report on Monday, April 26th. Raymond James lowered FBL Financial Group from an “outperform” rating to an “underperform” rating in a report on Tuesday.

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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Earnings History for FBL Financial Group (NYSE:FFG)

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