Donegal Group - DGICA Stock Forecast, Price & News

Donegal Group's stock was trading at $14.29 on January 1st, 2022. Since then, DGICA stock has increased by 4.1% and is now trading at $14.88.
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Donegal Group saw a decrease in short interest in the month of November. As of November 15th, there was short interest totaling 202,400 shares, a decrease of 23.9% from the October 31st total of 265,800 shares. Based on an average daily trading volume, of 62,400 shares, the short-interest ratio is currently 3.2 days. Currently, 1.4% of the shares of the stock are sold short.
View Donegal Group's Short Interest.

The company is scheduled to release its next quarterly earnings announcement on Thursday, February 16th 2023.
View our DGICA earnings forecast.

Donegal Group Inc. (NASDAQ:DGICA) issued its quarterly earnings data on Wednesday, October, 27th. The insurance provider reported ($0.18) earnings per share for the quarter, missing the consensus estimate of $0.11 by $0.29. The insurance provider had revenue of $204.68 million for the quarter, compared to the consensus estimate of $205.60 million. Donegal Group had a negative net margin of 0.02% and a positive trailing twelve-month return on equity of 1.43%. During the same quarter last year, the business earned $0.32 earnings per share.

Donegal Group announced a quarterly dividend on Thursday, October 20th. Stockholders of record on Tuesday, November 1st will be paid a dividend of $0.165 per share on Tuesday, November 15th. This represents a $0.66 annualized dividend and a yield of 4.44%. The ex-dividend date of this dividend is Monday, October 31st.
Read our dividend analysis for DGICA.

Donegal Group (NASDAQ:DGICA) pays an annual dividend of $0.66 per share and currently has a dividend yield of 4.47%. DGICA has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. The company has been increasing its dividend for 9 consecutive years, indicating the company has a new, but growing committment to grow its dividend. The dividend payout ratio is 6,606.61%. Payout ratios above 75% are not desirable because they may not be sustainable.
Read our dividend analysis for DGICA.

4 employees have rated Donegal Group Chief Executive Officer Kevin G. Burke on Glassdoor.com. Kevin G. Burke has an approval rating of 78% among the company's employees.

Donegal Group trades on the NASDAQ under the ticker symbol "DGICA."

Donegal Group's stock is owned by many different retail and institutional investors. Top institutional shareholders include Dimensional Fund Advisors LP (5.34%), BlackRock Inc. (4.53%), Vanguard Group Inc. (2.46%), Renaissance Technologies LLC (1.20%), State Street Corp (0.82%) and Bank of New York Mellon Corp (0.63%). Insiders that own company stock include Barry C Huber, Barry C Huber, Christina Marie Hoffman, Daniel J Wagner, Dennis Joseph Bixenman, Francis Joseph Haefner Jr, Jack Lee Hess, Jeffrey Alan Jacobsen, Jeffrey Dean Miller, Jon Marshall Mahan, Kevin Gerard Burke, Kevin Michael Sr Kraft Sr, Kristi Spencer Altshuler, Mutual Insurance Co Donegal, Richard D Wampler II, Richard George Kelley, Robert Richard Long Jr, Scott Andrew Berlucchi, Sewell Trezevant Moore Jr, Vincent Anthony Viozzi, William Albert Folmar and William Daniel Delamater.
View institutional ownership trends.

Shares of DGICA stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
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One share of DGICA stock can currently be purchased for approximately $14.88.

Donegal Group (NASDAQ:DGICA) has a market capitalization of $483.15 million and generates $816.47 million in revenue each year. The insurance provider earns $25.25 million in net income (profit) each year or $0.01 on an earnings per share basis.

The company employs 873 workers across the globe.

Donegal Group's mailing address is 1195 RIVER ROAD PO BOX 302, MARIETTA PA, 17547. The official website for the company is www.donegalgroup.com. The insurance provider can be reached via phone at (800) 877-0600, via email at investors@donegalgroup.com, or via fax at 302-736-9883.