
Donegal Group, Inc. (NASDAQ:DGICA – Free Report) – Equities researchers at DOWLING & PARTN issued their FY2026 earnings per share (EPS) estimates for shares of Donegal Group in a research report issued to clients and investors on Tuesday, September 29th. DOWLING & PARTN analyst J. Collins forecasts that the insurance provider will post earnings per share of $1.80 for the year. The consensus estimate for Donegal Group’s current full-year earnings is $1.75 per share. DOWLING & PARTN also issued estimates for Donegal Group’s FY2027 earnings at $1.95 EPS.
Several other research analysts have also commented on DGICA. Zacks Research lowered shares of Donegal Group from a “hold” rating to a “strong sell” rating in a research note on Thursday, September 17th. Weiss Ratings upgraded shares of Donegal Group from a “buy (b-)” rating to a “buy (b)” rating in a report on Friday, August 28th. Finally, Keefe, Bruyette & Woods increased their target price on shares of Donegal Group from $18.00 to $20.00 and gave the stock a “market perform” rating in a research report on Wednesday, July 8th. One analyst has rated the stock with a Buy rating, one has issued a Hold rating and one has given a Sell rating to the company’s stock. According to data from MarketBeat, the company presently has an average rating of “Hold” and an average target price of $20.00.
Donegal Group Price Performance
Shares of DGICA opened at $18.27 on Friday. The company has a debt-to-equity ratio of 0.05, a quick ratio of 0.39 and a current ratio of 0.39. The firm has a market cap of $1.21 billion, a PE ratio of 9.47 and a beta of -0.03. The firm’s 50 day moving average price is $18.92 and its 200 day moving average price is $18.08. Donegal Group has a twelve month low of $16.11 and a twelve month high of $21.06.
Donegal Group (NASDAQ:DGICA – Get Free Report) last announced its quarterly earnings results on Thursday, July 30th. The insurance provider reported $0.53 EPS for the quarter, beating the consensus estimate of $0.42 by $0.11. Donegal Group had a return on equity of 10.65% and a net margin of 7.38%.The business had revenue of $241.12 million during the quarter, compared to analysts’ expectations of $231.53 million.
Institutional Inflows and Outflows
Institutional investors and hedge funds have recently bought and sold shares of the company. IFP Advisors Inc boosted its holdings in Donegal Group by 27.8% during the second quarter. IFP Advisors Inc now owns 9,214 shares of the insurance provider’s stock valued at $174,000 after acquiring an additional 2,004 shares during the period. Amundi bought a new position in shares of Donegal Group in the first quarter worth about $206,000. Allianz Asset Management GmbH acquired a new position in shares of Donegal Group during the 2nd quarter worth about $220,000. QRG Capital Management Inc. acquired a new position in shares of Donegal Group during the 1st quarter worth about $223,000. Finally, Ancora Advisors LLC acquired a new position in shares of Donegal Group during the 2nd quarter worth about $273,000. Institutional investors and hedge funds own 27.96% of the company’s stock.
Insider Activity at Donegal Group
In other news, VP Christina Hoffman sold 18,000 shares of Donegal Group stock in a transaction that occurred on Thursday, August 6th. The shares were sold at an average price of $19.67, for a total value of $354,060.00. Following the transaction, the vice president owned 4,655 shares of the company’s stock, valued at $91,563.85. This trade represents a 79.45% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, major shareholder Mutual Insurance Co Donegal acquired 54,725 shares of Donegal Group stock in a transaction dated Friday, September 11th. The stock was purchased at an average price of $19.23 per share, with a total value of $1,052,361.75. Following the completion of the purchase, the insider directly owned 14,387,128 shares of the company’s stock, valued at $276,664,471.44. The trade was a 0.38% increase in their position. The SEC filing for this purchase provides additional information. Over the last 90 days, insiders have acquired 220,437 shares of company stock valued at $4,218,669 and have sold 111,108 shares valued at $2,153,119. 2.75% of the stock is currently owned by company insiders.
Donegal Group Announces Dividend
The business also recently announced a quarterly dividend, which was paid on Friday, August 14th. Shareholders of record on Friday, July 31st were given a dividend of $0.1925 per share. The ex-dividend date of this dividend was Friday, July 31st. This represents a $0.77 dividend on an annualized basis and a yield of 4.2%. Donegal Group’s dividend payout ratio is presently 39.90%.
Donegal Group Company Profile
Donegal Group Inc is an insurance holding company that provides property and casualty insurance products to individuals and businesses in the United States. The company operates primarily through its insurance subsidiaries and markets its policies through a network of independent insurance agents.
Its personal insurance offerings include automobile, homeowners, renters, and other residential coverage. Donegal Group also provides commercial products such as commercial automobile, workers’ compensation, businessowners, commercial package, and other property and liability insurance policies.
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