Donegal Group (DGICA) Stock Forecast, Price & News

Donegal Group's stock was trading at $14.20 at the beginning of the year. Since then, DGICA stock has increased by 10.8% and is now trading at $15.74.
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Donegal Group saw a drop in short interest during the month of May. As of May 15th, there was short interest totaling 206,100 shares, a drop of 9.3% from the April 30th total of 227,200 shares. Based on an average trading volume of 43,400 shares, the short-interest ratio is presently 4.7 days. Currently, 1.4% of the company's stock are sold short.
View Donegal Group's Short Interest.

The company is scheduled to release its next quarterly earnings announcement on Thursday, July 27th 2023.
View our DGICA earnings forecast.

Donegal Group Inc. (NASDAQ:DGICA) posted its earnings results on Wednesday, October, 27th. The insurance provider reported ($0.18) earnings per share (EPS) for the quarter, missing the consensus estimate of $0.11 by $0.29. The insurance provider earned $204.68 million during the quarter, compared to the consensus estimate of $205.60 million. Donegal Group had a negative net margin of 1.14% and a negative trailing twelve-month return on equity of 0.34%. During the same quarter last year, the business posted $0.32 earnings per share.

Donegal Group announced a quarterly dividend on Thursday, April 20th. Investors of record on Monday, May 1st will be paid a dividend of $0.17 per share on Monday, May 15th. This represents a $0.68 annualized dividend and a yield of 4.32%. The ex-dividend date is Friday, April 28th. This is an increase from the stock's previous quarterly dividend of $0.17.
Read our dividend analysis for DGICA.

ETFs with the largest weight of Donegal Group (NASDAQ:DGICA) stock in their portfolio include AdvisorShares Dorsey Wright Micro-Cap ETF (DWMC) and Vanguard U.S. Minimum Volatility ETF (VFMV) and

Donegal Group (NASDAQ:DGICA) pays an annual dividend of $0.68 per share and currently has a dividend yield of 4.49%. DGICA has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer.
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 a number of retail and institutional investors. Top institutional investors include Dimensional Fund Advisors LP (5.47%), BlackRock Inc. (4.54%), Renaissance Technologies LLC (1.10%), Geode Capital Management LLC (0.93%), State Street Corp (0.87%) and Foundry Partners LLC (0.78%). 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 $15.74.

Donegal Group (NASDAQ:DGICA) has a market capitalization of $518.16 million and generates $848.22 million in revenue each year. The insurance provider earns $-1,960,000.00 in net income (profit) each year or ($0.32) 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.