FBL Financial Group, Inc. (NYSE:FFG) was downgraded by analysts at ValuEngine from a “buy” rating to a “hold” rating in a research report issued to clients and investors on Tuesday.

Several other analysts have also recently commented on FFG. Zacks Investment Research cut FBL Financial Group from a “buy” rating to a “hold” rating in a report on Monday, July 17th. Raymond James Financial, Inc. upgraded FBL Financial Group from an “underperform” rating to a “market perform” rating in a report on Wednesday, August 9th.

Shares of FBL Financial Group (FFG) opened at $71.20 on Tuesday. The company has a debt-to-equity ratio of 0.08, a quick ratio of 0.03 and a current ratio of 0.03. The company has a market capitalization of $1,791.44, a PE ratio of 16.48 and a beta of 0.92. FBL Financial Group has a 52-week low of $59.75 and a 52-week high of $82.60.

FBL Financial Group (NYSE:FFG) last posted its quarterly earnings results on Thursday, November 2nd. The financial services provider reported $1.03 EPS for the quarter, missing the consensus estimate of $1.12 by ($0.09). The business had revenue of $181.56 million during the quarter, compared to analysts’ expectations of $184.51 million. FBL Financial Group had a net margin of 15.30% and a return on equity of 8.93%. The firm’s quarterly revenue was up .2% compared to the same quarter last year. During the same quarter last year, the firm earned $1.20 EPS. analysts expect that FBL Financial Group will post 4.38 earnings per share for the current year.

TRADEMARK VIOLATION WARNING: “FBL Financial Group, Inc. (FFG) Stock Rating Lowered by ValuEngine” was originally posted by TheOlympiaReport and is owned by of TheOlympiaReport. If you are accessing this report on another site, it was illegally stolen and republished in violation of United States & international trademark & copyright law. The legal version of this report can be read at https://theolympiareport.com/2017/11/14/fbl-financial-group-inc-ffg-stock-rating-lowered-by-valuengine.html.

Institutional investors and hedge funds have recently bought and sold shares of the business. Goldman Sachs Group Inc. grew its holdings in FBL Financial Group by 37.0% in the 1st quarter. Goldman Sachs Group Inc. now owns 47,962 shares of the financial services provider’s stock valued at $3,139,000 after buying an additional 12,959 shares during the period. Victory Capital Management Inc. lifted its stake in shares of FBL Financial Group by 2.9% in the 2nd quarter. Victory Capital Management Inc. now owns 619,310 shares of the financial services provider’s stock valued at $38,087,000 after purchasing an additional 17,295 shares in the last quarter. Northern Trust Corp lifted its stake in shares of FBL Financial Group by 3.1% in the 2nd quarter. Northern Trust Corp now owns 309,442 shares of the financial services provider’s stock valued at $19,030,000 after purchasing an additional 9,175 shares in the last quarter. Shell Asset Management Co. acquired a new position in shares of FBL Financial Group in the 3rd quarter valued at about $2,064,000. Finally, Russell Investments Group Ltd. acquired a new position in shares of FBL Financial Group in the 2nd quarter valued at about $422,000. Institutional investors own 29.07% of the company’s stock.

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.

Receive News & Ratings for FBL Financial Group Inc. Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for FBL Financial Group Inc. and related companies with Analyst Ratings Network's FREE daily email newsletter.