FBL Financial Group, Inc. (NYSE:FFG) – Investment analysts at Langen Mcalenn cut their Q3 2017 earnings per share (EPS) estimates for shares of FBL Financial Group in a research note issued on Thursday. Langen Mcalenn analyst R. Glasspiegel now anticipates that the financial services provider will post earnings of $1.09 per share for the quarter, down from their previous estimate of $1.10. Langen Mcalenn also issued estimates for FBL Financial Group’s Q4 2017 earnings at $1.14 EPS.

FBL Financial Group (NYSE:FFG) last posted its quarterly earnings data on Thursday, August 3rd. The financial services provider reported $1.23 earnings per share for the quarter, beating the Zacks’ consensus estimate of $1.04 by $0.19. FBL Financial Group had a return on equity of 9.12% and a net margin of 15.70%. The company had revenue of $189 million during the quarter, compared to analyst estimates of $181.63 million. During the same quarter last year, the company earned $1.02 EPS. The firm’s revenue for the quarter was up 4.2% on a year-over-year basis.

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A number of other equities analysts also recently commented on FFG. Zacks Investment Research raised shares of FBL Financial Group from a “sell” rating to a “hold” rating in a research note on Monday, April 17th. BidaskClub raised shares of FBL Financial Group from a “strong sell” rating to a “sell” rating in a research note on Tuesday, June 13th.

FBL Financial Group (FFG) opened at 74.00 on Monday. The company’s 50-day moving average price is $64.73 and its 200-day moving average price is $66.04. FBL Financial Group has a 52-week low of $59.75 and a 52-week high of $82.60. The company has a market cap of $1.84 billion, a price-to-earnings ratio of 17.25 and a beta of 0.88.

Several institutional investors have recently modified their holdings of FFG. State Street Corp increased its position in shares of FBL Financial Group by 4.9% in the fourth quarter. State Street Corp now owns 184,850 shares of the financial services provider’s stock worth $14,445,000 after buying an additional 8,566 shares during the last quarter. Norges Bank acquired a new position in shares of FBL Financial Group during the fourth quarter worth about $16,812,000. Teachers Advisors LLC increased its position in shares of FBL Financial Group by 2.8% in the fourth quarter. Teachers Advisors LLC now owns 21,834 shares of the financial services provider’s stock worth $1,706,000 after buying an additional 586 shares during the last quarter. Highbridge Capital Management LLC increased its position in shares of FBL Financial Group by 44.5% in the fourth quarter. Highbridge Capital Management LLC now owns 8,791 shares of the financial services provider’s stock worth $687,000 after buying an additional 2,706 shares during the last quarter. Finally, Eqis Capital Management Inc. increased its position in shares of FBL Financial Group by 7.1% in the first quarter. Eqis Capital Management Inc. now owns 4,203 shares of the financial services provider’s stock worth $275,000 after buying an additional 277 shares during the last quarter. 29.37% of the stock is currently owned by institutional investors and hedge funds.

About FBL Financial Group

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.

Earnings History and Estimates for FBL Financial Group (NYSE:FFG)

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