Donegal Group - DGICA Stock Forecast, Price & News

1 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Donegal Group in the last year. There are currently 1 hold rating for the stock. The consensus among Wall Street analysts is that investors should "hold" DGICA shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in DGICA, but not buy additional shares or sell existing shares.
View DGICA analyst ratings or view top-rated stocks.

Donegal Group's stock was trading at $14.29 at the start of the year. Since then, DGICA shares have decreased by 3.2% and is now trading at $13.83.
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The company is scheduled to release its next quarterly earnings announcement on Thursday, October 27th 2022.
View our DGICA earnings forecast.

Donegal Group will be holding an earnings conference call on Thursday, October 27th at 8:30 AM Eastern. Interested parties can register for or listen to the call using this link.

Donegal Group Inc. (NASDAQ:DGICA) announced 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 analyst estimates of $205.60 million. Donegal Group had a trailing twelve-month return on equity of 1.97% and a net margin of 0.42%. During the same quarter in the prior year, the company posted $0.32 earnings per share.

Donegal Group announced a quarterly dividend on Saturday, July 23rd. Shareholders of record on Monday, August 1st will be given a dividend of $0.165 per share on Monday, August 15th. This represents a $0.66 dividend on an annualized basis and a dividend yield of 4.77%. The ex-dividend date of this dividend is Friday, July 29th.
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 4.80%. 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 550.00%. 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."

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 $13.83.

Donegal Group (NASDAQ:DGICA) has a market capitalization of $447.04 million and generates $816.47 million in revenue each year. The insurance provider earns $25.25 million in net income (profit) each year or $0.12 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.