Donegal Group (DGICA) Stock Price, News & Analysis

Company Overview

Donegal Group Inc., an insurance holding company, provides property and casualty insurance to businesses and individuals. It operates through three segments: Investment Function, Personal Lines of Insurance, and Commercial Lines of Insurance. The company offers private passenger automobile policies that provide protection against liability for bodily injury and property damage arising from automobile accidents, as well as protection against loss from damage to automobiles; and homeowners policies, which provide coverage for damage to residences and their contents from a range of perils, including fire, lightning, windstorm, and theft, as well as liability of the insured arising from injury to other persons or their property. It also offers commercial automobile policies that provide protection against liability for bodily injury and property damage arising from automobile accidents and protection against loss from damage to automobiles owned by the insured; commercial multi-peril policies that provide protection to businesses against combining liability and physical damage coverages; and workers' compensation policies, which provide benefits to employees for injuries sustained during employment. The company markets its insurance products primarily to Mid-Atlantic, Midwestern, New England, Southern, and Southwestern regions through independent insurance agencies. Donegal Group Inc. was incorporated in 1986 and is based in Marietta, Pennsylvania. Donegal Group Inc. operates as a subsidiary of Donegal Mutual Insurance Company.

Key Stats

• Today's Range: $15.84 to $15.99
• 50-Day Range: $14.10 to $15.98
• 52-Week Range: $12.26 to $16.00
• Volume: 129,663 shs
• Average Volume: 90,802 shs
• Market Capitalization: $541.72 million
• P/E Ratio: 21.03
• Dividend Yield: 4.32%
• Price Target: $15.00
• Consensus Rating: Hold

Donegal Group Stock Analysis - MarketRank™

Donegal Group scored higher than 71% of companies evaluated by MarketBeat, and ranked 400th out of 922 stocks in the finance sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

Analyst's Opinion

• Score: 1.0 / 5
• Analyst Rating: Hold

Consensus Rating

Donegal Group has received a consensus rating of Hold. The company's average rating score is 2.00, and is based on no buy ratings, 1 hold rating, and no sell ratings.

Amount of Analyst Coverage

Donegal Group has received no research coverage in the past 90 days.

Earnings and Valuation

• Score: 3.1 / 5
• Proj. Earnings Growth: 111.11%

Earnings Growth

Earnings for Donegal Group are expected to grow by 111.11% in the coming year, from $0.45 to $0.95 per share.

Price to Earnings Ratio vs. the Market

The P/E ratio of Donegal Group is 21.03, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 117.37.

Price to Earnings Ratio vs. Sector

The P/E ratio of Donegal Group is 21.03, which means that it is trading at a less expensive P/E ratio than the Finance sector average P/E ratio of about 39.16.

Price to Book Value per Share Ratio

Donegal Group has a P/B Ratio of 1.05. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

Short Interest

• Score: 3.0 / 5
• Short Interest Level: Healthy

Percentage of Shares Shorted

1.46% of the float of Donegal Group has been sold short.

Short Interest Ratio / Days to Cover

Donegal Group has a short interest ratio ("days to cover") of 4.

Change versus previous month

Short interest in Donegal Group has recently decreased by 4.78%, indicating that investor sentiment is improving.

Dividend

• Score: 4.2 / 5
• Dividend Strength: Strong

Dividend Leadership

Donegal Group is a leading dividend payer. It pays a dividend yield of 4.33%, putting its dividend yield in the top 25% of dividend-paying stocks.

Dividend Growth

Donegal Group has been increasing its dividend for 20 years.

Dividend Coverage

The dividend payout ratio of Donegal Group is 90.79%. Payout ratios above 75% are not desirable because they may not be sustainable.

Dividend Sustainability

Based on earnings estimates, Donegal Group will have a dividend payout ratio of 72.63% next year. This indicates that Donegal Group will be able to sustain or increase its dividend.

Sustainability and ESG

• Score: N/A
• Environmental Score: N/A

Percentage of Shares Shorted

1.46% of the float of Donegal Group has been sold short.

Short Interest Ratio / Days to Cover

Donegal Group has a short interest ratio ("days to cover") of 4.

Change versus previous month

Short interest in Donegal Group has recently decreased by 4.78%, indicating that investor sentiment is improving.

News and Social Media

• Score: 3.5 / 5
• News Sentiment: 1.36

News Sentiment

Donegal Group has a news sentiment score of 1.36. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.82 average news sentiment score of Finance companies.

News Coverage This Week

MarketBeat has tracked 3 news articles for Donegal Group this week, compared to 2 articles on an average week.

Search Interest

2 people have searched for DGICA on MarketBeat in the last 30 days.

Company Ownership

• Score: 1.7 / 5
• Insider Trading: Acquiring Shares

Insider Buying vs. Insider Selling

In the past three months, Donegal Group insiders have bought 136.36% more of their company's stock than they have sold. Specifically, they have bought $4,420,915.00 in company stock and sold $1,870,450.00 in company stock.

Percentage Held by Insiders

Only 6.63% of the stock of Donegal Group is held by insiders.

Percentage Held by Institutions

Only 27.96% of the stock of Donegal Group is held by institutions.

DGICA Stock Analysis - Frequently Asked Questions

How have DGICA shares performed this year?

Donegal Group's stock was trading at $13.99 at the beginning of the year. Since then, DGICA stock has increased by 14.2% and is now trading at $15.98.
View the best growth stocks for 2024 here.

How were Donegal Group's earnings last quarter?

Donegal Group Inc. (NASDAQ:DGICA) released its quarterly earnings results on Thursday, July, 25th. The insurance provider reported $0.11 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.07 by $0.04. The insurance provider earned $246.77 million during the quarter, compared to analysts' expectations of $243 million. Donegal Group had a net margin of 2.54% and a trailing twelve-month return on equity of 3.95%.

Who are Donegal Group's major shareholders?

Donegal Group's top institutional shareholders include Geode Capital Management LLC (1.09%), State Street Corp (0.98%), Foundry Partners LLC (0.73%) and Connor Clark & Lunn Investment Management Ltd. (0.31%). Insiders that own company stock include Mutual Insurance Co Donegal, Jack Lee Hess, Sewell Trezevant Moore Jr, Daniel J Wagner, David Benjamin Bawel, Jeffrey Dean Miller, Barry C Huber, Kevin Michael Sr Kraft Sr, Vincent Anthony Viozzi, Richard D Wampler II, Kevin Gerard Burke, Jon Marshall Mahan, Sanjay Pandey, Christina Marie Hoffman, Kristi Spencer Altshuler, David Wayne Sponic, William Albert Folmar, William Daniel Delamater and Robert Richard Long Jr.
View institutional ownership trends.

How do I buy shares of Donegal Group?

Shares of DGICA stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

Company Calendar

• Last Earnings: 7/25/2024
• Ex-Dividend for 11/15 Dividend: 11/01/2024
• Dividend Payable: 11/15/2024
• Today: 11/23/2024
• Fiscal Year End: 12/31/2024
• Next Earnings (Estimated): 2/27/2025

Industry, Sector and Symbol

• Stock Exchange: NASDAQ
• Sector: Finance
• Industry: Fire, marine, & casualty insurance
• Sub-Industry: Property & Casualty Insurance
• Current Symbol: NASDAQ:DGICA
• CUSIP: 25770120
• CIK: 800457
• Web: www.donegalgroup.com
• Phone: (800) 877-0600
• Fax: 302-736-9883
• Employees: 880
• Year Founded: 1986

Price Target and Rating

• Average Stock Price Target: $15.00
• High Stock Price Target: $15.00
• Low Stock Price Target: $15.00
• Potential Upside/Downside: -6.1%
• Consensus Rating: Hold
• Rating Score (0-4): 2.00
• Research Coverage: 1 Analysts

Profitability

• EPS (Most Recent Fiscal Year): $0.76
• Trailing P/E Ratio: 21.03
• Forward P/E Ratio: 35.51
• P/E Growth: N/A
• Net Income: $4.43 million
• Net Margins: 2.54%
• Pretax Margin: 3.08%
• Return on Equity: 3.95%
• Return on Assets: 0.84%

Debt

• Debt-to-Equity Ratio: 0.07
• Current Ratio: 0.38
• Quick Ratio: 0.38

Sales & Book Value

• Annual Sales: $927.34 million
• Price / Sales: 0.58
• Cash Flow: $0.19 per share
• Price / Cash Flow: 85.10
• Book Value: $15.15 per share
• Price / Book: 1.05

Miscellaneous

• Outstanding Shares: 33,900,000
• Free Float: 31,649,000
• Market Cap: $541.72 million
• Optionable: Optionable
• Beta: -0.06