NASDAQ:DGICA - Donegal Group Stock Price, Forecast & News

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

Donegal Group announced a quarterly dividend on Thursday, December 19th. Stockholders of record on Monday, February 3rd will be given a dividend of $0.145 per share on Tuesday, February 18th. This represents a $0.58 dividend on an annualized basis and a dividend yield of 3.92%. The ex-dividend date is Friday, January 31st. View Donegal Group's Dividend History.

Donegal Group Inc. (NASDAQ:DGICA) issued its quarterly earnings results on Monday, February, 24th. The insurance provider reported $0.42 EPS for the quarter, beating analysts' consensus estimates of $0.22 by $0.20. The insurance provider had revenue of $198.25 million for the quarter, compared to the consensus estimate of $197.50 million. Donegal Group had a net margin of 5.80% and a return on equity of 6.55%. View Donegal Group's Earnings History.

Donegal Group is scheduled to release their next quarterly earnings announcement on Monday, May 4th 2020. View Earnings Estimates for Donegal Group.

1 Wall Street analysts have issued 12 month price objectives for Donegal Group's shares. Their forecasts range from $17.00 to $17.00. On average, they expect Donegal Group's share price to reach $17.00 in the next twelve months. This suggests a possible upside of 14.9% from the stock's current price. View Analyst Price Targets for Donegal Group.

1 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Donegal Group in the last year. There are currently 1 buy rating for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for Donegal Group.

News headlines about DGICA stock have trended very positive on Thursday, InfoTrie reports. The research group scores the sentiment of media coverage by monitoring more than six thousand news and blog sources in real-time. The firm ranks coverage of public companies on a scale of -5 to 5, with scores closest to five being the most favorable. Donegal Group earned a news sentiment score of 3.7 on InfoTrie's scale. They also assigned news stories about the insurance provider a news buzz of 9.0 out of 10, indicating that recent media coverage is extremely likely to have an impact on the company's share price in the next several days. View News Stories for Donegal Group.

Donegal Group saw a drop in short interest during the month of January. As of January 31st, there was short interest totalling 37,800 shares, a drop of 8.5% from the January 15th total of 41,300 shares. Based on an average daily volume of 18,200 shares, the short-interest ratio is currently 2.1 days. Approximately 0.3% of the company's shares are sold short. View Donegal Group's Current Options Chain.

Some companies that are related to Donegal Group include Berkshire Hathaway (BRK.B), Progressive (PGR), Allstate (ALL), Travelers Companies (TRV), Arch Capital Group (ACGL), Markel (MKL), Cincinnati Financial (CINF), W. R. Berkley (WRB), Cna Financial (CNA), Fidelity National Financial (FNF), Erie Indemnity (ERIE), First American Financial (FAF), Old Republic International (ORI), Axis Capital (AXS) and Hanover Insurance Group (THG).

Based on aggregate information from My MarketBeat watchlists, some companies that other Donegal Group investors own include Huntington Bancshares (HBAN), People's United Financial (PBCT), KeyCorp (KEY), Atlas Financial (AFH), Gilead Sciences (GILD), Pattern Energy Group (PEGI), AbbVie (ABBV), Occidental Petroleum (OXY), Fulton Financial (FULT) and Investors Bancorp (ISBC).

Donegal Group's stock is owned by many different of retail and institutional investors. Top institutional shareholders include Renaissance Technologies LLC (2.12%), Philadelphia Trust Co. (1.57%), State Street Corp (0.88%), Geode Capital Management LLC (0.66%), Janney Montgomery Scott LLC (0.41%) and Bank of New York Mellon Corp (0.39%). Company insiders that own Donegal Group stock include Dennis Joseph Bixenman, Jack Lee Hess, Kevin Michael Sr Kraft Sr, Mutual Insurance Co Donegal and Patricia A Gilmartin. View Institutional Ownership Trends for Donegal Group.

DGICA stock was sold by a variety of institutional investors in the last quarter, including Goldman Sachs Group Inc., Janney Montgomery Scott LLC, Minerva Advisors LLC, Philadelphia Trust Co., Charles Schwab Investment Management Inc., Bank of America Corp DE and Alliancebernstein L.P.. View Insider Buying and Selling for Donegal Group.

DGICA stock was acquired by a variety of institutional investors in the last quarter, including State Street Corp, Bank of New York Mellon Corp, Panagora Asset Management Inc., Jacobs Levy Equity Management Inc., Strs Ohio, Paradigm Asset Management Co. LLC, Renaissance Technologies LLC and Barclays PLC. Company insiders that have bought Donegal Group stock in the last two years include Jack Lee Hess, Kevin Michael Sr Kraft Sr and Mutual Insurance Co Donegal. View Insider Buying and Selling for Donegal Group.

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

One share of DGICA stock can currently be purchased for approximately $14.80.

Donegal Group has a market capitalization of $424.46 million and generates $812.45 million in revenue each year. The insurance provider earns $-32,760,000.00 in net income (profit) each year or $1.01 on an earnings per share basis. View Additional Information About Donegal Group.

The official website for Donegal Group is http://www.donegalgroup.com/.

Donegal Group's mailing address is 1195 RIVER ROAD PO BOX 302, MARIETTA PA, 17547. The insurance provider can be reached via phone at 717-426-1931 or via email at [email protected]