FBL Financial Group, Inc. (NYSE:FFG) is reporting third quarter financial results on Thursday 5th November 2020, after market close.
According to analysts surveyed by Thomson Reuters, FFG is expected to report 3Q20 income of $ 1.15 per share from revenue of $ 183.37 million.
For the full year, analysts anticipate top line of $ 711.93 million, while looking forward to income of $ 4.15 per share bottom line.
Previous Quarter Performance
FBL Financial Group, Inc. disclosed income for the second quarter of $ 1.02 per share, from the revenue of $ 200.71 million. According to street consensus, FFG was expected to report 2Q20 income of $ 1.13 per share from revenue of $ 187.47 million. The bottom line results missed street analysts by $ 0.11 or 9.73 percent, at the same time, top line results outshined analysts by $ 13.24 million or 7.06 percent.
Stock Performance
Shares of FBL Financial Group, Inc. traded low $ -0.86 or -1.71 percent on Wednesday, reaching $ 49.45 with volume of 38.80 thousand shares. FBL Financial Group, Inc. has traded high as $ 50.32 and has cracked $ 49.04 on the downward trend
The closing price of $ 49.45, representing a 73.42 % increase from the 52 week low of $ 29.01 and a 17.9 % decrease over the 52 week high of $ 61.28.
The company has a market capital of $ 1.21 billion and is part of the Financial Services sector and Insurance – Life industry.
Recent Analyst recommendations
- On 8th September 2020, maintained by Raymond James at Outperform rating, with $ 65.00 target price.
Recent Stock Dividend Announcement
On August 27, 2020, the board of directors authorized quarterly dividend of $ 0.50 per share to holders of record as of the close of business on September 15, 2020, with payment date of September 30, 2020 and ex-dividend date on September 14, 2020.
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.
