DOWLING & PARTN Comments on Donegal Group FY2026 Earnings

Donegal Group, Inc. (NASDAQ:DGICA) – Equities research analysts at DOWLING & PARTN issued their FY2026 earnings per share estimates for Donegal Group in a research note issued on Wednesday, May 20th. DOWLING & PARTN analyst J. Collins forecasts 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.

Donegal Group (NASDAQ:DGICA) last issued its quarterly earnings data on Thursday, April 30th. The insurance provider reported $0.32 EPS for the quarter, missing analysts’ consensus estimates of $0.40 by ($0.08). The company had revenue of $236.00 million for the quarter, compared to analyst estimates of $247.83 million. Donegal Group had a return on equity of 10.31% and a net margin of 6.77%.

A number of other brokerages have also recently commented on DGICA. Weiss Ratings cut Donegal Group from a “buy (b-)” rating to a “hold (c+)” rating in a research note on Monday, May 11th. Keefe, Bruyette & Woods dropped their target price on Donegal Group from $19.00 to $18.00 and set a “market perform” rating on the stock in a research report on Friday, May 1st. One equities research analyst has rated the stock with a Buy rating and three have given a Hold rating to the stock. According to data from MarketBeat, Donegal Group presently has a consensus rating of “Hold” and an average target price of $18.00.

Donegal Group Trading Down 1.7%

Shares of DGICA opened at $17.06 on Thursday. The stock’s 50-day moving average is $17.25 and its two-hundred day moving average is $18.47. The stock has a market cap of $632.07 million, a PE ratio of 9.53 and a beta of 0.01. Donegal Group has a 12 month low of $16.11 and a 12 month high of $21.06. The company has a debt-to-equity ratio of 0.05, a current ratio of 0.39 and a quick ratio of 0.39.

Donegal Group Increases Dividend

The firm also recently announced 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. The ex-dividend date of this dividend was Friday, May 1st. This is a positive change from Donegal Group’s previous quarterly dividend of $0.18. This represents a $0.77 dividend on an annualized basis and a dividend yield of 4.5%. Donegal Group’s dividend payout ratio is presently 43.02%.

Insider Activity

In other Donegal Group news, major shareholder Mutual Insurance Co Donegal bought 8,500 shares of the company’s stock in a transaction dated Friday, May 22nd. The shares were acquired at an average cost of $17.40 per share, with a total value of $147,900.00. Following the completion of the transaction, the insider owned 14,056,109 shares in the company, valued at $244,576,296.60. The trade was a 0.06% increase in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Insiders bought 93,405 shares of company stock worth $1,606,422 over the last 90 days. 2.75% of the stock is currently owned by insiders.

Institutional Trading of Donegal Group

Hedge funds and other institutional investors have recently modified their holdings of the business. Smartleaf Asset Management LLC increased 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 acquiring an additional 2,341 shares during the last quarter. EverSource Wealth Advisors LLC increased its holdings in Donegal Group by 422.6% in the second quarter. EverSource Wealth Advisors LLC now owns 3,679 shares of the insurance provider’s stock valued at $74,000 after buying an additional 2,975 shares during the last quarter. CANADA LIFE ASSURANCE Co increased its holdings in Donegal Group by 31.6% in the fourth quarter. CANADA LIFE ASSURANCE Co now owns 3,733 shares of the insurance provider’s stock valued at $75,000 after buying an additional 896 shares during the last quarter. IFP Advisors Inc increased its holdings in Donegal Group by 1,377.6% in the fourth quarter. IFP Advisors Inc now owns 3,768 shares of the insurance provider’s stock valued at $75,000 after buying an additional 3,513 shares during the last quarter. Finally, Tower Research Capital LLC TRC increased its holdings in Donegal Group by 443.9% in the second quarter. Tower Research Capital LLC TRC now owns 4,928 shares of the insurance provider’s stock valued at $99,000 after buying an additional 4,022 shares during the last quarter. 27.96% of the stock is owned by hedge funds and other institutional investors.

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.