DOWLING & PARTN Comments on Donegal Group FY2026 Earnings

Donegal Group, Inc. (NASDAQ:DGICA) – Analysts at DOWLING & PARTN issued their FY2026 earnings per share (EPS) estimates for Donegal Group in a report issued on Wednesday, May 20th. DOWLING & PARTN analyst J. Collins anticipates that the insurance provider will post earnings of $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.

DGICA has been the subject of several other reports. Keefe, Bruyette & Woods lowered their target price on Donegal Group from $19.00 to $18.00 and set a “market perform” rating for the company in a report on Friday, May 1st. Weiss Ratings lowered Donegal Group from a “buy (b-)” rating to a “hold (c+)” rating in a report on Monday, May 11th. One research analyst has rated the stock with a Buy rating and three have assigned a Hold rating to the stock. According to MarketBeat, Donegal Group currently has an average rating of “Hold” and an average price target of $18.00.

Donegal Group Stock Down 1.7%

NASDAQ:DGICA opened at $17.06 on Thursday. The firm has a market capitalization of $632.07 million, a PE ratio of 9.53 and a beta of 0.01. The stock has a 50 day moving average of $17.25 and a 200-day moving average of $18.47. Donegal Group has a 52 week low of $16.11 and a 52 week high of $21.06. 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 (NASDAQ:DGICA) last announced its quarterly earnings data on Thursday, April 30th. The insurance provider reported $0.32 earnings per share for the quarter, missing the consensus estimate of $0.40 by ($0.08). The firm had revenue of $236.00 million during the quarter, compared to the consensus estimate of $247.83 million. Donegal Group had a net margin of 6.77% and a return on equity of 10.31%.

Donegal Group Increases Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Friday, May 15th. Stockholders of record on Friday, May 1st were given a dividend of $0.1925 per share. This is a boost from Donegal Group’s previous quarterly dividend of $0.18. This represents a $0.77 annualized dividend and a dividend yield of 4.5%. The ex-dividend date was Friday, May 1st. Donegal Group’s payout ratio is presently 43.02%.

Insider Activity at Donegal Group

In other news, EVP William Daniel Delamater sold 9,000 shares of the business’s stock in a transaction that occurred on Tuesday, March 3rd. The stock was sold at an average price of $17.63, for a total transaction of $158,670.00. Following the completion of the transaction, the executive vice president directly owned 2,012 shares in the company, valued at approximately $35,471.56. The trade was a 81.73% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is accessible through the SEC website. Also, major shareholder Mutual Insurance Co Donegal acquired 9,000 shares of Donegal Group stock in a transaction dated Tuesday, March 3rd. The shares were acquired at an average price of $17.63 per share, with a total value of $158,670.00. Following the completion of the transaction, the insider owned 13,937,704 shares of the company’s stock, valued at approximately $245,721,721.52. This trade represents a 0.06% increase in their position. The SEC filing for this purchase provides additional information. Over the last quarter, insiders have bought 93,405 shares of company stock valued at $1,606,422. Insiders own 2.75% of the company’s stock.

Hedge Funds Weigh In On Donegal Group

Several hedge funds and other institutional investors have recently made changes to their positions in DGICA. Smartleaf Asset Management LLC boosted its position in shares of Donegal Group by 576.6% during the fourth quarter. Smartleaf Asset Management LLC now owns 2,747 shares of the insurance provider’s stock worth $55,000 after buying an additional 2,341 shares during the period. EverSource Wealth Advisors LLC boosted its position in shares of Donegal Group by 422.6% during the second quarter. EverSource Wealth Advisors LLC now owns 3,679 shares of the insurance provider’s stock worth $74,000 after buying an additional 2,975 shares during the period. IFP Advisors Inc boosted its position in shares of Donegal Group by 1,377.6% during the fourth quarter. IFP Advisors Inc now owns 3,768 shares of the insurance provider’s stock worth $75,000 after buying an additional 3,513 shares during the period. CANADA LIFE ASSURANCE Co boosted its position in shares of Donegal Group by 31.6% during the fourth quarter. CANADA LIFE ASSURANCE Co now owns 3,733 shares of the insurance provider’s stock worth $75,000 after buying an additional 896 shares during the period. Finally, Tower Research Capital LLC TRC boosted its position in shares of Donegal Group by 443.9% during the second quarter. Tower Research Capital LLC TRC now owns 4,928 shares of the insurance provider’s stock worth $99,000 after buying an additional 4,022 shares during the period. 27.96% of the stock is currently owned by institutional investors and hedge funds.

Donegal Group Company Profile

Donegal Group, Inc (NASDAQ: DGICA) is a property and casualty insurance holding company headquartered in Marietta, Pennsylvania. Through a network of independent agencies, the company offers a suite of personal and commercial insurance products. Its underwriting subsidiaries provide homeowners, automobile, farmowner, commercial multi-peril, surety and umbrella coverages designed to meet the needs of individuals, families and businesses.

The company’s origins date back to 1925 with the formation of Donegal Mutual Insurance Company to serve rural communities in Pennsylvania.