DOWLING & PARTN Weighs in on Donegal Group FY2026 Earnings

Key Points

• DOWLING & PARTN expects Donegal Group to earn $1.80 per share in FY2026, above the $1.70 consensus estimate, and forecasts FY2027 EPS of $1.95.
• Donegal Group beat quarterly expectations, reporting $0.53 EPS versus $0.42 expected and revenue of $241.12 million versus $231.53 million estimated.
• The stock has a consensus “Hold” rating and a $20 price target; it also offers a $0.77 annualized dividend, yielding approximately 4.2%.

Donegal Group, Inc. (NASDAQ:DGICA - Free Report) - Equities research analysts at DOWLING & PARTN issued their FY2026 EPS estimates for shares of Donegal Group in a research note issued on Tuesday, September 29th. DOWLING & PARTN analyst J. Collins expects that the insurance provider will earn $1.80 per share for the year. The consensus estimate for Donegal Group's current full-year earnings is $1.70 per share. DOWLING & PARTN also issued estimates for Donegal Group's FY2027 earnings at $1.95 EPS.

Donegal Group (NASDAQ:DGICA - Get Free Report) last issued its earnings results on Thursday, July 30th. The insurance provider reported $0.53 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.42 by $0.11. Donegal Group had a net margin of 7.38% and a return on equity of 10.65%. The company had revenue of $241.12 million for the quarter, compared to analyst estimates of $231.53 million.

Other research analysts also recently issued research reports about the company. Weiss Ratings raised Donegal Group from a "buy (b-)" rating to a "buy (b)" rating in a research note on Friday, August 28th. Zacks Research downgraded shares of Donegal Group from a "hold" rating to a "strong sell" rating in a research report on Thursday, September 17th. Finally, Keefe, Bruyette & Woods lifted their price objective on shares of Donegal Group from $18.00 to $20.00 and gave the stock a "market perform" rating in a report on Wednesday, July 8th. One analyst has rated the stock with a Buy rating, one has given a Hold rating and one has issued a Sell rating to the stock. Based on data from MarketBeat, Donegal Group currently has a consensus rating of "Hold" and a consensus target price of $20.00.

Donegal Group Price Performance

Shares of DGICA opened at $18.17 on Friday. The company has a current ratio of 0.39, a quick ratio of 0.39 and a debt-to-equity ratio of 0.05. Donegal Group has a 1-year low of $16.11 and a 1-year high of $21.06. The company's fifty day simple moving average is $18.93 and its 200 day simple moving average is $18.08. The company has a market cap of $674.47 million, a price-to-earnings ratio of 9.41 and a beta of -0.02.

Donegal Group Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Friday, August 14th. Investors of record on Friday, July 31st were issued a dividend of $0.1925 per share. This represents a $0.77 dividend on an annualized basis and a dividend yield of 4.2%. The ex-dividend date of this dividend was Friday, July 31st. Donegal Group's dividend payout ratio (DPR) is currently 39.90%.

Insider Buying and Selling at Donegal Group

In other Donegal Group news, major shareholder Mutual Insurance Co Donegal acquired 54,725 shares of the stock in a transaction dated Friday, September 11th. The stock was purchased at an average cost of $19.23 per share, for a total transaction of $1,052,361.75. Following the acquisition, the insider owned 14,387,128 shares in the company, valued at $276,664,471.44. The trade was a 0.38% increase in their position. The acquisition was disclosed in a legal filing with the SEC, which is available at this link. Also, SVP Noland Deas, Jr. sold 24,000 shares of the company's stock in a transaction dated Tuesday, August 4th. The shares were sold at an average price of $19.47, for a total transaction of $467,280.00. Following the sale, the senior vice president owned 3,523 shares of the company's stock, valued at approximately $68,592.81. The trade was a 87.20% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Over the last three months, insiders purchased 220,437 shares of company stock valued at $4,218,669 and sold 111,108 shares valued at $2,153,119. Insiders own 2.75% of the company's stock.

Institutional Investors Weigh In On Donegal Group

Several institutional investors and hedge funds have recently bought and sold shares of the business. IFP Advisors Inc grew its position in shares of Donegal Group by 27.8% in the 2nd quarter. IFP Advisors Inc now owns 9,214 shares of the insurance provider's stock worth $174,000 after buying an additional 2,004 shares during the period. Allianz Asset Management GmbH bought a new stake in shares of Donegal Group in the 2nd quarter worth approximately $220,000. Public Employees Retirement System of Ohio purchased a new stake in shares of Donegal Group in the 2nd quarter worth approximately $344,000. Ancora Advisors LLC purchased a new stake in shares of Donegal Group in the 2nd quarter worth approximately $273,000. Finally, Bank of America Corp DE increased its position in Donegal Group by 3.1% during the 1st quarter. Bank of America Corp DE now owns 73,820 shares of the insurance provider's stock valued at $1,268,000 after buying an additional 2,243 shares in the last quarter. Hedge funds and other institutional investors own 27.96% of the company's stock.

About Donegal Group

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.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.