FBL Financial Group (FFG) Stock Price

FBL Financial Group Price

Delisted·May 25, 2021
60.99USD
Last traded price

Revenue has compounded at 2.3% per year over the past 19 years to 736.46 M USD. Earnings per share have grown at 2.0% per year over the last 11 years. FBL Financial Group's net margin stands at 9.8%, down from 14.8% several years earlier. FBL Financial Group currently offers a dividend yield of about 4.92%. The payout ratio is around 103% of earnings. The dividend has grown at 11.2% per year over the past 19 years.

FBL Financial Group stock price

Volume
Ex-Dividend
Details

Stock Price

How to Read This Chart

This chart tracks the historical stock price of FBL Financial Group over time. You can switch between daily, weekly, and monthly views and select custom time ranges — from a single day to the full available history. Use the toggle to view price changes in absolute currency terms or as a percentage change relative to the starting date.

Total Return vs. Price Return

The "Total Return" toggle includes reinvested dividends on top of the pure price movement. This is critical because dividends can account for a significant portion of long-term returns. Historically, roughly 40 % of the S&P 500's total return has come from dividends. Always compare total return when evaluating a stock's real performance against a benchmark.

Intraday Price Data

When viewing a one-day time frame, the chart displays real-time intraday price movements. This is useful for observing how FBL Financial Group stock reacts to market openings, earnings releases, or breaking news throughout the trading session.

What to Look For

Look for long-term trends (sustained upward or downward movements over months and years), support and resistance levels (price zones where the stock repeatedly bounces or reverses), and volatility (how much the price fluctuates day to day). Comparing FBL Financial Group's price chart to a market index like the S&P 500 can reveal whether the stock is outperforming or underperforming the broader market.

FBL Financial Group Stock Price History
DateFBL Financial Group Price
Access this data via the Eulerpool API

FBL Financial Group Revenue, EBIT, Net Income

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Revenue
EBIT
Net Income
Details
Date
Revenue
EBIT
Net Income
Jan 1, 2017
735.48 M USD
146.31 M USD
194.33 M USD
Jan 1, 2018
719.63 M USD
106.11 M USD
93.79 M USD
Jan 1, 2019
774.68 M USD
143.70 M USD
126.21 M USD
Jan 1, 2020
736.46 M USD
74.47 M USD
72.51 M USD
Jan 1, 2021 (e)
800.29 M USD
0.00 USD
97.59 M USD
Jan 1, 2022 (e)
793.50 M USD
0.00 USD
101.25 M USD
Jan 1, 2023 (e)
780.84 M USD
0.00 USD
121.98 M USD
Jan 1, 2024 (e)
807.72 M USD
0.00 USD
121.98 M USD

FBL Financial Group Income Statement, Balance Sheet, Cash Flow Statement

Last updated Aug 10, 2026, 7:32 AM
 
REVENUEB USD
REVENUE GROWTH%
GROSS MARGIN%
GROSS INCOMEM USD
EBITM USD
EBIT MARGIN%
NET INCOMEM USD
NET INCOME GROWTH%
DIV.USD
SHARESM
2009201020112012201320142015201620172018201920202021e2022e2023e2024e
1.111.110.620.660.690.690.720.730.740.720.770.740.800.790.780.81
72.98-0.54-44.225.995.500.144.340.551.24-2.187.65-4.918.70-0.88-1.643.46
14.0918.4191.10102.29100.29100.14100.14100.96100.54100.70100.1399.4699.4699.4699.4699.46
157.00204.00563.00670.00693.00693.00723.00733.00739.00724.00775.00732.00795.65788.69775.76802.61
148.00198.0019.00132.00152.00147.00152.00149.00146.00106.00143.0074.00
13.2917.873.0720.1522.0021.2421.0520.5219.8614.7418.4810.05
69.00120.0031.0079.00108.00109.00113.00107.00194.0093.00126.0072.0097.00101.00121.00121.00
-483.3373.91-74.17154.8436.710.933.67-5.3181.31-52.0635.48-42.8634.724.1219.80
3.00
30.0031.0031.0028.0026.0025.0025.0025.0025.0025.0025.0025.0025.0025.0025.0025.00
Details

Income Statement Key Figures

Revenue and Revenue Growth

Revenue is the starting point of every income statement — it measures the total sales FBL Financial Group generates from its core business. Revenue growth (expressed as year-over-year percentage change) is one of the most important indicators of business momentum. Sustained growth above 10 % annually is generally considered strong, while declining revenue is a serious warning sign that demands investigation.

Gross Margin

Gross margin = (Revenue − Cost of Goods Sold) ÷ Revenue. It reveals what percentage of each dollar of revenue FBL Financial Group retains after direct production costs. High gross margins (above 50 %) are typical of asset-light businesses like software and brands, while capital-intensive industries like manufacturing often operate below 30 %. Compare FBL Financial Group's gross margin to industry peers and track it over time to spot improving or deteriorating pricing power.

EBIT and EBIT Margin

EBIT measures operating profit — what remains after subtracting all operating expenses (including R&D, sales, and administrative costs) from gross profit. The EBIT margin shows this as a percentage of revenue. Because it excludes interest and taxes, EBIT allows fair comparisons between companies with different debt levels and tax jurisdictions. A rising EBIT margin indicates improving operational efficiency.

Net Income and Earnings Per Share (EPS)

Net income is the company's final profit after all expenses, interest, and taxes. Dividing net income by the number of shares outstanding gives you EPS — the single most influential metric in stock valuation. Consistent EPS growth is the primary driver of long-term stock price appreciation. Always check whether EPS growth comes from genuine profit improvement or from share buybacks reducing the share count.

Shares Outstanding

The total number of shares FBL Financial Group has issued. A declining share count (through buybacks) boosts EPS and signals management confidence. A rising share count (through stock issuance) dilutes existing shareholders. Always monitor this number alongside EPS to get the full picture of per-share value creation.

Analyst Estimates

The projected figures represent consensus estimates from professional analysts. Compare these forecasts against FBL Financial Group's historical growth rates to assess whether expectations are realistic. A company that consistently beats consensus estimates tends to see its stock price rewarded over time, while repeated misses erode investor confidence.

FBL Financial Group stock margins

The FBL Financial Group margin analysis displays the gross margin, EBIT margin, as well as the profit margin of FBL Financial Group. The EBIT margin (EBIT/sales) indicates the percentage of sales that remains as operating profit. The profit margin shows the percentage of sales that remains for FBL Financial Group.
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Gross margin
EBIT margin
Profit margin
Details
Date
Gross margin
EBIT margin
Profit margin
Jan 1, 2016
101.01 %
20.53 %
14.76 %
Jan 1, 2017
100.54 %
19.89 %
26.42 %
Jan 1, 2018
100.70 %
14.74 %
13.03 %
Jan 1, 2019
100.12 %
18.55 %
16.29 %
Jan 1, 2020
99.43 %
10.11 %
9.85 %
Jan 1, 2021 (e)
99.43 %
0.00 %
12.19 %
Jan 1, 2022 (e)
99.43 %
0.00 %
12.76 %
Jan 1, 2023 (e)
99.43 %
0.00 %
15.62 %

FBL Financial Group Stock Revenue, EBIT, Earnings per Share

The FBL Financial Group earnings per share therefore indicates how much revenue FBL Financial Group has generated per share in a given period. The earnings before interest and taxes per share shows how much of the operating profit corresponds to each share. The earnings per share indicates how much of the profit belongs to each share.
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Revenue per Share
EBIT per share
Earnings per Share
Details
Date
Revenue per Share
EBIT per share
Earnings per Share
Jan 1, 2016
29.06 USD
5.96 USD
4.29 USD
Jan 1, 2017
29.42 USD
5.85 USD
7.77 USD
Jan 1, 2018
28.79 USD
4.24 USD
3.75 USD
Jan 1, 2019
30.99 USD
5.75 USD
5.05 USD
Jan 1, 2020
29.46 USD
2.98 USD
2.90 USD
Jan 1, 2021 (e)
32.80 USD
0.00 USD
4.00 USD
Jan 1, 2022 (e)
32.53 USD
0.00 USD
4.15 USD
Jan 1, 2023 (e)
32.01 USD
0.00 USD
5.00 USD

FBL Financial Group business model & stock analysis

FBL Financial Group Inc is an insurance company based in West Des Moines, Iowa, USA. The company was founded in 1944 as Iowa Farm Mutual Insurance Company and has since become one of the leading insurance companies in the USA. In 1996, the company was renamed FBL Financial Group Inc and has been listed on the New York Stock Exchange under the ticker symbol FFG. FBL Financial Group Inc is a versatile company that offers various types of insurance, including life insurance, annuities, accident insurance, disability insurance, and more. The company provides insurance products for both private and business customers, with a focus on the agricultural business as its core area, but also in other areas such as family and business protection. The business model of FBL Financial Group Inc is based on the concept of a cooperative. Most policyholders of the company are also members of the cooperative, which offers them certain advantages, such as the opportunity to participate in the company's decision-making process. The company's goal is to ensure better provision of insurance products to all members through cooperation and the exchange of knowledge and experiences within the cooperative. FBL Financial Group Inc is divided into three main business segments, each specializing in different types of insurance. The first segment is the life insurance division, where the company offers risk coverage, endowment insurance, variable life insurance, and pension plans. The second segment is investment and investment management, where FBL Financial Group Inc offers asset management services and investment products such as mutual funds and stocks. The third segment is agricultural and rural insurance, where the company offers specialized insurance for farmers and other agricultural businesses. FBL Financial Group Inc is known for its high-quality insurance products and is constantly striving to provide its customers with the best possible insurance coverage. The company invests in modern technologies to offer customers an optimal customer experience. The employees of FBL Financial Group Inc continue to be an important part of the company, building a trusting relationship with customers and standing by their side even in difficult situations. In summary, FBL Financial Group Inc is a renowned insurance company that offers high-quality insurance products and investment services. The company follows a cooperative business model to ensure optimal provision for its customers. While being active in the agricultural business, the company also operates in other areas such as family and business protection. FBL Financial Group Inc will continue to adapt to the changing needs of its customers and maintain their satisfaction at the highest level.

FBL Financial Group SWOT Analysis

Strengths

FBL Financial Group Inc has a strong brand reputation and a long-standing presence in the insurance and financial services industry. This allows them to gain trust and attract a loyal customer base.

The company has a diverse portfolio of insurance products, including life insurance, annuities, and property-casualty insurance. This broad range of offerings provides stability and revenue opportunities.

FBL Financial Group Inc has a strong distribution network, with the support of a dedicated team of agents and financial advisors. This allows them to reach a wide range of customers and provide personalized services.

Weaknesses

One weakness for FBL Financial Group Inc is their limited geographical presence. Their operations are primarily focused in the Midwest region of the United States, which limits their potential market reach.

The company relies heavily on traditional distribution channels, such as agent networks, which may limit their ability to quickly adapt to changing market trends and customer preferences.

FBL Financial Group Inc may face challenges in attracting and retaining top talent in the industry, as they operate in a competitive market where recruitment and retention of skilled professionals is crucial.

Opportunities

The growing demand for insurance and financial services presents significant opportunities for FBL Financial Group Inc to expand its customer base and increase revenues.

The company can leverage technology advancements to enhance their digital capabilities and offer innovative online platforms for customers to access and manage their policies.

FBL Financial Group Inc has the opportunity to explore strategic partnerships or acquisitions to expand their geographical presence and enter new markets.

Threats

Intense competition in the insurance and financial services industry poses a threat to FBL Financial Group Inc. Other established companies and new entrants can potentially attract customers and erode market share.

Changing regulatory environment and industry regulations can impact the operations and profitability of FBL Financial Group Inc. Compliance costs and requirements may increase, affecting their financial performance.

Market volatility, economic downturns, and external factors such as natural disasters can negatively impact the company's financial stability and investment portfolio.

FBL Financial Group Eulerpool Fair Value

Details

Fair Value Estimate

What Is Fair Value?

Fair value is an estimate of what a stock is truly "worth" based on its financial fundamentals, independent of the current market price. If the calculated fair value is above the current share price, the stock may be undervalued — and vice versa. This chart shows three different fair value approaches so you can cross-check them against each other.

Earnings-Based Fair Value

Calculated by multiplying the current earnings per share (EPS) by the average historical P/E ratio over a selected multi-year period. The smoothing over several years filters out temporary spikes or dips. If this fair value exceeds the market price, it suggests the stock is cheap relative to its earning power.

Example: Fair Value (Earnings) 2022 = EPS 2022 × Average P/E 2019–2021

Revenue-Based Fair Value

Derived by multiplying revenue per share by the average historical price-to-sales ratio. This method is particularly useful for companies with volatile or temporarily depressed earnings, as revenue tends to be more stable than profits. It answers: "At what price has the market historically valued each dollar of this company's sales?"

Example: Fair Value (Revenue) 2022 = Revenue per Share 2022 × Average P/S 2019–2021

Dividend-Based Fair Value

Calculated by dividing the dividend per share by the average historical dividend yield. This approach is most relevant for mature, consistently dividend-paying companies. If the resulting fair value is higher than the current price, it implies the stock offers a better yield than its historical average.

Example: Fair Value (Dividend) 2022 = Dividend per Share 2022 ÷ Average Yield 2019–2021

How to Use This Chart

When all three fair value lines converge above the current price, it strengthens the case that the stock is undervalued. When they diverge, investigate why — it may indicate a structural shift in margins, payout policy, or growth rate. The forward estimates on the right extend the analysis using projected fundamentals, helping you assess whether the current price already reflects future growth expectations.

FBL Financial Group historical P/E ratio, EBIT multiple, and P/S ratio

FBL Financial Group annual returns

Details

Annual Return

What This Chart Shows

This chart breaks down 's total annual return into two components: price return (gains or losses from stock price movement) and dividend return (income received from dividend payments). Together, they represent the total return an investor would have earned in each calendar year.

Price Return

Price return measures the percentage change in 's stock price from January 1st to December 31st of each year. Positive bars indicate the stock appreciated; negative bars show a decline. This is the component most investors focus on, but it tells only part of the story — especially for dividend-paying stocks.

Dividend Return

Dividend return represents the income generated from dividends paid during the year, expressed as a percentage of the starting stock price. While it may seem small in any single year (typically 1–4 % for established companies), dividends compound significantly over decades and have historically contributed roughly 40 % of total stock market returns.

What to Look For

Examine how many years showed positive vs. negative returns to gauge consistency. A stock with mostly positive years and small drawdowns suggests lower risk. Also compare 's annual returns to a benchmark index — consistently outperforming the market is a hallmark of a strong investment. Pay attention to the worst years: understanding downside risk is just as important as chasing upside potential.

FBL Financial Group shares outstanding

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Number of stocks
Details
Date
Number of stocks
Jan 1, 2016
25.00 M Stocks
Jan 1, 2017
25.00 M Stocks
Jan 1, 2018
25.00 M Stocks
Jan 1, 2019
25.00 M Stocks
Jan 1, 2020
25.00 M Stocks
Jan 1, 2021 (e)
25.00 M Stocks
Jan 1, 2022 (e)
25.00 M Stocks
Jan 1, 2023 (e)
25.00 M Stocks

FBL Financial Group stock splits

In FBL Financial Group's history, there have been no stock splits.

FBL Financial Group Dividend History

22 years of dividend payments

YearAnnual DividendYoY ChangePayments
20210.52USD 82.7%
20203.00USD 56.3%
20191.92USD 33.3%
20182.88USD 2.1%
20172.82USD 13.5%
20163.26USD 103.7%
20151.60USD 14.3%
20141.40USD 44.4%
20132.52USD 530.0%
20120.40USD 39.1%

FBL Financial Group dividend payout ratio

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Payout ratio
Details
Date
Payout ratio
Jan 1, 2016
76.01 %
Jan 1, 2017
36.28 %
Jan 1, 2018
76.76 %
Jan 1, 2019
38.03 %
Jan 1, 2020
103.43 %
Jan 1, 2021 (e)
75.00 %
Jan 1, 2022 (e)
72.15 %
Jan 1, 2023 (e)
83.53 %
Price targets and forecasts for FBL Financial Group are not yet available.

FBL Financial Group Analyst Rating Actions

DateFirmActionRatingReliability
5/4/2021
Raymond James
Raymond James
DowngradeOutperformUnderperform74
9/8/2020
Raymond James
Raymond James
MaintainedOutperform74
8/19/2020
Raymond James
Raymond James
UpgradeMarket PerformOutperform74
11/5/2019
Raymond James
Raymond James
UpgradeUnderperformPerform74
8/6/2019
Raymond James
Raymond James
DowngradeMarket PerformUnderperform74
8/9/2017
Raymond James
Raymond James
UpgradeUnderperformPerform74
7/11/2012
FBR Capital
FBR Capital
MaintainedMarket PerformPerform

Eulerpool Reliability Score (0–100): measures how often a firm’s bullish or bearish calls were directionally correct three months later, blended with the average return following its calls. Every rating we record is stored permanently and scores update continuously; firms with fewer than 3 measured calls are not scored yet.

Frequently asked questions about FBL Financial Group

The business model of FBL Financial Group Inc. is focused on providing life insurance and annuity products to individuals and businesses. They offer a range of insurance options, including whole life, term life, and universal life insurance, as well as annuities such as fixed and indexed annuities. FBL Financial Group Inc. aims to help their customers achieve financial security and protect their future by offering reliable insurance solutions. With a strong emphasis on customer service and financial wellness, FBL Financial Group Inc. is committed to helping individuals and businesses effectively manage their risks and secure their financial well-being.

FBL Financial Group Inc is primarily active in the insurance industry.

The main competitors of FBL Financial Group Inc in the market include companies such as American Equity Investment Life Holding Company, ING Group, and Prudential Financial Inc.

FBL Financial Group Inc, headquartered in Iowa, is a leading insurance company providing life insurance, annuity, and mutual fund products. Established in 1944 as Farm Bureau Life Insurance Company, it has grown to become a prominent player in the financial services sector. FBL Financial Group Inc has a rich history of serving agricultural communities with insurance and financial solutions tailored to meet their needs. With a strong focus on customer satisfaction, the company has consistently delivered reliable and innovative products. Over the years, FBL Financial Group Inc has built a solid reputation for its commitment to financial security and exceptional customer service.

FBL Financial Group Inc, a leading stock, has achieved several significant milestones throughout its history. The company has successfully gained a strong foothold in the financial market, establishing itself as a trusted provider of life insurance and annuity products. FBL Financial Group Inc has consistently reported impressive financial results, showcasing its robust growth and profitability over time. With its commitment to delivering exceptional customer service and innovative solutions, FBL Financial Group Inc has earned a reputation as a reliable and customer-centric company in the industry. These achievements have solidified FBL Financial Group Inc's position as a prominent player in the financial services sector.

FBL Financial Group Inc primarily operates in the United States. With its headquarters located in West Des Moines, Iowa, the company serves customers across all regions of the country. As a leading provider of life insurance and annuity products, FBL Financial Group Inc has a strong presence throughout the United States. Its dedicated team of professionals ensures that customers nationwide have access to the company's expertise and financial solutions.

FBL Financial Group Inc represents values of integrity, commitment, and financial stability. The company's corporate philosophy emphasizes strong relationships with its customers and agents based on trust and transparency. FBL Financial Group Inc strives to provide innovative and reliable insurance and investment solutions to individuals and businesses, helping them navigate their financial goals and future security. With a focus on delivering value, FBL Financial Group Inc aims to create long-term shareholder value while fulfilling their mission to protect livelihoods and secure futures for their policyholders.

Converted at the current exchange rate, the FBL Financial Group share trades at 52.79 EUR (60.99 USD).

The FBL Financial Group Inc is a US financial services company specializing in agricultural insurance and life insurance. It was founded in 1944 and is headquartered in West Des Moines, Iowa. The company is listed on the New York Stock Exchange and employs around 1,700 employees. The activities of FBL Financial Group Inc include several segments within the insurance business. The main areas are: 1. Agricultural insurance: The company offers a wide range of insurance options for agricultural businesses. This includes rental and property insurance for agricultural buildings and facilities, as well as crop insurance against natural disasters and animal diseases. 2. Life insurance: FBL Financial Group Inc primarily operates in this area and offers various products. These include individual and group life insurance, life insurance with savings components, annuities, and special policies for children and young adults. 3. Investment products: In addition to insurance, the company also offers various investment products, including investment funds and bonds. 4. Asset management: Within asset management, FBL Financial Group Inc provides services to its clients related to asset management, portfolio management, and advice on various investment forms. In the field of agricultural insurance, FBL Financial Group Inc is a leading provider in the United States. Crop insurance is particularly important to protect farmers against the risks of natural disasters and unfavorable weather conditions. Due to the significance of agriculture to the US economy, this sector is an important part of the company's business model. In the area of life insurance, FBL Financial Group Inc offers its customers various products tailored to different needs. Individual life insurance, for example, provides financial security in case of death, while group life insurance is particularly relevant for companies wishing to offer additional protection to their employees. Annuities can provide financial security in old age, and life insurance with savings components can serve as an investment. The investment products of FBL Financial Group Inc are another important area of its business model. However, like in many other financial services companies, these products often depend on the performance of financial markets. A recession or financial crisis could therefore have a negative impact on the business. Asset management is another important part of the business model. The company offers its clients comprehensive advice and support in managing their assets. Various asset classes such as stocks, bonds, and funds are used to diversify clients' portfolios and minimize risk. In summary, FBL Financial Group Inc offers a wide range of insurance and financial services with a focus on agricultural insurance and life insurance. It remains to be seen how the company will respond to market changes.

The revenue cannot currently be calculated for FBL Financial Group.

The profit cannot currently be calculated for FBL Financial Group.

The P/E ratio cannot be calculated for FBL Financial Group at the moment.

The P/S cannot be calculated for FBL Financial Group currently.

The Eulerpool Quality Score for FBL Financial Group is 2/10.

The ISIN of FBL Financial Group is US30239F1066. The ISIN (International Securities Identification Number) is a globally unique identifier for securities.

The WKN of FBL Financial Group is 907886. The WKN (Wertpapierkennnummer) is a six-digit German security identification number.

The ticker of FBL Financial Group is FFG. The ticker symbol is used to trade FBL Financial Group shares on the stock exchange.

The current dividend yield of FBL Financial Group is 4.92 %.

FBL Financial Group pays a dividend, distributed in the months of , , , .

FBL Financial Group paid dividends every year for the past 0 years.

FBL Financial Group is assigned to the 'Finance' sector.

To receive the latest dividend of FBL Financial Group from amounting to 0.52 USD, you needed to have the stock in your portfolio before the ex-date on .

The last dividend was paid out on .

The dividends of FBL Financial Group are distributed in USD.

All fundamentals and in-depth analysis of FBL Financial Group

Our stock analysis for FBL Financial Group stock includes important financial indicators such as revenue, profit, P/E ratio, P/S ratio, EBIT, as well as information on dividends. We also assess aspects such as stocks, market capitalization, debt, equity, and liabilities of FBL Financial Group. If you are looking for more detailed information on these topics, we offer comprehensive analyses on our subpages.