DOWLING & PARTN Weighs in on Donegal Group FY2026 Earnings

Donegal Group, Inc. (NASDAQ:DGICA) – Stock analysts at DOWLING & PARTN issued their FY2026 earnings estimates for shares of Donegal Group in a research report issued to clients and investors on Tuesday, September 29th. 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 announced its earnings results on Thursday, July 30th. The insurance provider reported $0.53 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.42 by $0.11. Donegal Group had a return on equity of 10.65% and a net margin of 7.38%.The business had revenue of $241.12 million for the quarter, compared to analysts’ expectations of $231.53 million.

A number of other equities analysts have also weighed in on DGICA. Zacks Research lowered shares of Donegal Group from a “hold” rating to a “strong sell” rating in a research report on Thursday, September 17th. Weiss Ratings upgraded shares of Donegal Group from a “buy (b-)” rating to a “buy (b)” rating in a research report on Friday, August 28th. Finally, Keefe, Bruyette & Woods upped their price objective on Donegal Group from $18.00 to $20.00 and gave the company a “market perform” rating in a research report on Wednesday, July 8th. One investment analyst has rated the stock with a Buy rating, one has given a Hold rating and one has given a Sell rating to the company’s stock. According to data from MarketBeat, the stock currently has an average rating of “Hold” and a consensus target price of $20.00.

Donegal Group Price Performance

Shares of Donegal Group stock opened at $18.17 on Friday. The stock’s fifty day moving average is $18.93 and its 200 day moving average is $18.08. The company has a debt-to-equity ratio of 0.05, a quick ratio of 0.39 and a current ratio of 0.39. Donegal Group has a one year low of $16.11 and a one year high of $21.06. The stock has a market cap of $674.47 million, a P/E ratio of 9.41 and a beta of -0.02.

Donegal Group Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Friday, August 14th. Stockholders of record on Friday, July 31st were paid a dividend of $0.1925 per share. This represents a $0.77 annualized dividend and a dividend yield of 4.2%. The ex-dividend date of this dividend was Friday, July 31st. Donegal Group’s payout ratio is currently 39.90%.

Insider Transactions at Donegal Group

In related news, CAO David Bawel sold 8,326 shares of the stock in a transaction that occurred on Wednesday, September 9th. The stock was sold at an average price of $19.28, for a total value of $160,525.28. Following the transaction, the chief accounting officer owned 22,331 shares of the company’s stock, valued at $430,541.68. This represents a 27.16% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Also, CFO Jeffrey Miller sold 21,000 shares of the firm’s stock in a transaction on Friday, September 11th. The shares were sold at an average price of $19.23, for a total value of $403,830.00. Following the transaction, the chief financial officer owned 27,176 shares in the company, valued at approximately $522,594.48. This represents a 43.59% decrease in their position. The disclosure for this sale is available in the SEC filing. In the last ninety days, insiders have bought 220,437 shares of company stock valued at $4,218,669 and have sold 111,108 shares valued at $2,153,119. Company insiders own 2.75% of the company’s stock.

Institutional Investors Weigh In On Donegal Group

A number of hedge funds have recently made changes to their positions in DGICA. IFP Advisors Inc boosted its holdings in shares of Donegal Group by 27.8% in the 2nd quarter. IFP Advisors Inc now owns 9,214 shares of the insurance provider’s stock valued at $174,000 after buying an additional 2,004 shares in the last quarter. Allianz Asset Management GmbH purchased a new position in shares of Donegal Group in the second quarter worth $220,000. Public Employees Retirement System of Ohio acquired a new stake in shares of Donegal Group during the second quarter worth $344,000. Ancora Advisors LLC acquired a new stake in shares of Donegal Group during the second quarter worth $273,000. Finally, Bank of America Corp DE grew its holdings in shares of Donegal Group by 3.1% during the first quarter. Bank of America Corp DE now owns 73,820 shares of the insurance provider’s stock valued at $1,268,000 after buying an additional 2,243 shares during the last quarter. 27.96% of the stock is currently owned by hedge funds and other institutional investors.

Donegal Group Company Profile

Donegal Group Inc is an insurance holding company that provides property and casualty insurance products to individuals and businesses in the United States. The company operates primarily through its insurance subsidiaries and markets its policies through a network of independent insurance agents.

Its personal insurance offerings include automobile, homeowners, renters, and other residential coverage. Donegal Group also provides commercial products such as commercial automobile, workers’ compensation, businessowners, commercial package, and other property and liability insurance policies.