Donegal Group

Donegal Group, Inc. is an insurance holding company, which engages in the provision of property and casualty insurance to businesses and individuals. It operates through the following segments: Investment Function, Personal Lines of Insurance, and Commercial Lines of Insurance. The Investment Function segment covers investment activities. The Personal Lines of Insurance segment consists of homeowners and private passenger automobile policies. The Commercial Lines of Insurance segment includes commercial automobile, commercial multi-peril, and workers compensation policies. The company was founded on August 26, 1986 and is headquartered in Marietta, PA.

Earnings data Q1 2021

Earnings data Q2 2021

Earnings data Q3 2021

Earnings data Q4 2021

Earnings data Q1 2022

Earnings data Q2 2022

Earnings data Q3 2022

Earnings data Q4 2022

Earnings data Q1 2023

Earnings data Q2 2023

Earnings data Q3 2023

Earnings data Q4 2023

Earnings data Q1 2024

Earnings data Q2 2024

Earnings data Q3 2024

Earnings data Q4 2024

Donegal Group reports solid Q4 growth amidst sector challenges

Donegal Group's Q4 2022 performance showcased growth in net premiums earned and written, alongside operational efficiency indicated by a favorable combined ratio.
While facing challenges in the personal lines segment, the company's strengths in commercial lines and investments demonstrate resilience and prudent financial management.
Strategic initiatives and opportunities in sales, marketing, and capital management position Donegal Group for continued growth and profitability in the insurance market.

Donegal Group reports mixed Q1 results, optimistic about strategic growth

Donegal Group's Q1 2023 performance reflects a mixed bag of results, with notable strengths in net premiums earned and net investment income. While facing challenges in meeting profitability targets and operational efficiency, the company remains confident in its strategic direction. Opportunities for growth lie in product innovation, underwriting improvements, and investment income.

Donegal Group reports Q2 earnings growth amidst weather challenges

Donegal Group's Q2 2023 performance reflects efforts to address challenges and capitalize on opportunities in the insurance market.
The company's focus on enhancing financial performance through rate increases and profit improvement initiatives demonstrates a commitment to sustainable growth.
Despite facing weather-related challenges, Donegal Group's strategic initiatives and strong premium growth position it well for future success.

Donegal Group reports mixed Q3 results, focuses on growth initiatives

Donegal Group's Q3 performance reflects a mixed picture with improvements in commercial lines, challenges in personal lines, and strategic initiatives aimed at enhancing operational efficiency and driving growth. Despite weather-related and fire losses impacting loss ratios, the company achieved a breakeven quarter and declared a regular quarterly cash dividend for shareholders.

Donegal Group focuses on underwriting profitability amidst segment improvements

Donegal Group's Q4 2023 performance showcased improvements in Commercial Lines but challenges in Personal Lines, with a focus on underwriting profitability and strategic initiatives to drive growth. Despite expense ratio increases, the company aims to leverage opportunities in expense reduction and targeted market segment growth.

Donegal Group (DGICA) reports improved Q1 results and strategic growth focus

Donegal Group's Q1 2024 performance showed improvements in key financial metrics and strategic initiatives for growth. While facing challenges in underwriting discipline and operational efficiency, the company's strengths in underwriting improvements, operational initiatives, and investment income provide a solid foundation. Leveraging opportunities in growth initiatives and investment strategies will be crucial for sustained success.

Donegal Group reports solid Q2 performance amidst weather challenges

Donegal Group's Q2 2024 performance reflects resilience amid weather-related challenges, with a focus on strategic growth and operational efficiency.
While facing storm impacts and underwriting challenges, the company leverages investment income and expense reduction to achieve positive net income.
Opportunities lie in refining underwriting strategies, expanding market share in personal lines, and maintaining a prudent investment approach for long-term growth.
Challenges include managing weather-related losses, balancing risk in commercial business growth, and sustaining operational efficiency amidst market dynamics.

Revenue

Cost of revenue

Gross profit

Operating expenses

SG&A

Other

Operating income

EBITDA

Net income

Earnings per share

Total assets

Current assets

Cash & equivalents

Receivables

Inventory

Non-current assets

Net PPE

Intangibles

Total liabilities

Current liabilities

Short term debt

Income tax payable

Non-current liabilities

Long-term debt

Total equity

Stockholders equity

Minority interest

Total liabilities & equity

Total debt

Net debt

Book value per share

Cash from operations

Funds from operations

Change in working capital

Cash from investing

Capital expenditure

Purchase/sale of investments

Purchase/sale of business

Other sources

Cash from financing

Change in stock

Change in debt

Cash dividends paid

Cash from other sources

Net change in cash

Free cash flow

Donegal Group (NASDAQ:DGICA ) Q3 2024 Results Conference Call October 24, 2024 8:30 AM ET Company Participants Karin Daly - VP, The Equity Group Kevin Burke - CEO, President Jeff Miller - CFO Jeff Hay - Chief Underwriting Officer Dan Delamater - Chief Operating Officer Tony Viozzi - Chief Investment Officer Karin Daly Good morning and thank you for joining us today. This morning, Donegal Group issued its Third Quarter 2024 Earnings Release outlining its results.

Donegal Group (DGICA) Q3 2024 Earnings Call Transcript

Donegal Group (DGICA) came out with quarterly earnings of $0.46 per share, beating the Zacks Consensus Estimate of $0.02 per share. This compares to earnings of $0.01 per share a year ago.

Donegal Group (DGICA) Tops Q3 Earnings and Revenue Estimates

MARIETTA, Pa., Oct. 24, 2024 (GLOBE NEWSWIRE) -- Donegal Group Inc. (NASDAQ: DGICA) and (NASDAQ: DGICB) today reported its financial results for the third quarter and first nine months of 2024.

Donegal Group Inc. Announces Third Quarter and First Nine Months of 2024 Results

MARIETTA, Pa., Oct. 17, 2024 (GLOBE NEWSWIRE) -- Donegal Group Inc. (NASDAQ:DGICA) and (NASDAQ:DGICB) reported today that its board of directors declared a regular quarterly cash dividend of $0.1725 per share of the Company's Class A common stock and $0.155 per share of the Company's Class B common stock. The dividends are payable on November 15, 2024 to stockholders of record as of the close of business on November 1, 2024.

Donegal Group Inc. Announces Quarterly Dividend

MARIETTA, Pa., Oct. 01, 2024 (GLOBE NEWSWIRE) -- Donegal Group Inc. (NASDAQ:DGICA) and (NASDAQ:DGICB) announced today that it plans to release its results for third quarter ended September 30, 2024 on Thursday, October 24, 2024, before the opening of regular trading on the NASDAQ Stock Market. The Company will provide a supplemental investor presentation in the Investors section of its website at investors.donegalgroup.com, concurrently with its earnings press release.

Donegal Group Inc. Announces Release Date for Third Quarter 2024 Results

Genpact

Genpact implemented a targeted solution expected to boost straight-through processing rates significantly NEW YORK , Sept. 25, 2024 /PRNewswire/ -- Genpact (NYSE: G), a global professional services and solutions firm delivering outcomes that shape the future, has announced a strategic partnership with Donegal Insurance Group (NASDAQ: DGICA) that will further enhance the efficiency and effectiveness of its commercial lines underwriting operations.

Genpact and Donegal Insurance Group® to Elevate Commercial Lines Underwriting Efficiency with Guidewire Solutions

Donegal Group Inc. (DGICA) Q2 2024 Earnings Call Transcript

Donegal Group (DGICA) came out with quarterly earnings of $0.11 per share, beating the Zacks Consensus Estimate of $0.07 per share. This compares to break-even earnings per share a year ago.

Donegal Group (DGICA) Q2 Earnings and Revenues Beat Estimates

MARIETTA, Pa., July 25, 2024 (GLOBE NEWSWIRE) -- Donegal Group Inc. (NASDAQ: DGICA) and (NASDAQ: DGICB) today reported its financial results for the second quarter and first half of 2024.

Donegal Group Inc. Announces Second Quarter and First Half 2024 Results

MARIETTA, Pa., July 01, 2024 (GLOBE NEWSWIRE) -- Donegal Group Inc. (NASDAQ:DGICA) and (NASDAQ:DGICB) announced today that it plans to release its results for second quarter ended June 30, 2024 on Thursday, July 25, 2024, before the opening of regular trading on the NASDAQ Stock Market. The Company will provide a supplemental investor presentation in the Investors section of its website at investors.donegalgroup.com, concurrently with its earnings press release.

Donegal Group Inc. Announces Release Date for Second Quarter 2024 Results

Donegal Group Inc. (NASDAQ:DGICA ) Q1 2024 Earnings Conference Call April 25, 2024 8:30 AM ET Company Participants Karin Daly - IR, The Equity Group Kevin Burke - President and CEO Jeffrey Miller - CFO Jeffery Hay - Chief Underwriting Officer Anthony Viozzi - Chief Investment Officer Daniel DeLamater - COO Conference Call Participants Karin Daly Good morning, and thank you for joining us today. This morning, Donegal Group issued its first quarter 2024 earnings release outlining its results.

Donegal Group Inc. (DGICA) Q1 2024 Earnings Call Transcript

Donegal Group (DGICA) came out with quarterly earnings of $0.13 per share, missing the Zacks Consensus Estimate of $0.20 per share. This compares to earnings of $0.17 per share a year ago.

Donegal Group (DGICA) Lags Q1 Earnings Estimates

MARIETTA, Pa., April 25, 2024 (GLOBE NEWSWIRE) -- Donegal Group Inc. (NASDAQ: DGICA) and (NASDAQ: DGICB) today reported its financial results for the first quarter of 2024.

Donegal Group Inc. Announces First Quarter 2024 Results

MARIETTA, Pa., April 18, 2024 (GLOBE NEWSWIRE) -- Donegal Group Inc. (NASDAQ:DGICA) and (NASDAQ:DGICB) reported today that its board of directors declared a regular quarterly cash dividend of $0.1725 per share of the Company's Class A common stock and $0.155 per share of the Company's Class B common stock. The dividends are payable on May 22, 2024 to stockholders of record as of the close of business on May 8, 2024.

Donegal Group Inc. Announces Increase in Quarterly Dividend

MARIETTA, Pa., April 02, 2024 (GLOBE NEWSWIRE) -- Donegal Group Inc. (NASDAQ:DGICA) and (NASDAQ:DGICB) announced today that it plans to release its results for first quarter ended March 31, 2024 on Thursday, April 25, 2024, before the opening of regular trading on the NASDAQ Stock Market. The Company will provide a supplemental investor presentation in the Investors section of its website at investors.donegalgroup.com, concurrently with its earnings press release.

Donegal Group Inc. Announces Release Date for First Quarter 2024 Results

Donegal Group, Inc. (DGICA) Q4 2023 Earnings Call Transcript

MARIETTA, Pa., Feb. 22, 2024 (GLOBE NEWSWIRE) -- Donegal Group Inc. (NASDAQ:DGICA) and (NASDAQ:DGICB) today reported its financial results for the fourth quarter and full year ended December 31, 2023.

Donegal Group Inc. Announces Fourth Quarter and Full Year 2023 Results

MARIETTA, Pa., Feb. 01, 2024 (GLOBE NEWSWIRE) -- Donegal Group Inc. (NASDAQ:DGICA) and (NASDAQ:DGICB) announced today that it plans to release its results for fourth quarter and full-year ended December 31, 2023 on Thursday, February 22, 2024, before the opening of regular trading on the NASDAQ Stock Market. The Company will provide a supplemental investor presentation in the Investors section of its website at investors.donegalgroup.com, concurrently with its earnings press release.

Donegal Group Inc. Announces Release Date for Fourth Quarter and Full-Year 2023 Results

MARIETTA, Pa., Jan. 02, 2024 (GLOBE NEWSWIRE) -- Donegal Insurance Group, which consists of Donegal Mutual Insurance Company and the insurance subsidiaries of Donegal Group Inc. (NASDAQ:DGICA) and (NASDAQ:DGICB), announced today that Dan DeLamater has been named Executive Vice President and Chief Operating Officer, effective this month.

Donegal Insurance Group Names Two to Posts of Chief Operating Officer, SVP of Field Operations & National Accounts

Donegal Group, Inc. (NASDAQ:DGICA ) Q3 2023 Earnings Conference Call October 26, 2023 8:30 AM ET Company Participants Karin Daly - IR Kevin Burke - President, CEO & Chairman Jeffrey Miller - EVP & CFO Jeffery Hay - SVP Vincent Viozzi - SVP & CIO Conference Call Participants Karin Daly Good morning, and thank you for joining us today. This morning, Donegal Group issued its third quarter 2023 earnings release outlining its results.

Donegal Group, Inc. (DGICA) Q3 2023 Earnings Call Transcript

MARIETTA, Pa., Oct. 26, 2023 (GLOBE NEWSWIRE) -- Donegal Group Inc. (NASDAQ:DGICA) and (NASDAQ:DGICB) today reported its financial results for the third quarter and first nine months of 2023.

Donegal Group Inc. Announces Third Quarter and First Nine Months of 2023 Results

Global Indemnity

HCI Group

Manulife Financial

Prudential Financial

The insurance industry faces many headwinds post-COVID normalization among them. While the headwinds continue to blow, the takeaway for investors is that insurance stocks are lightly valued, they produce cash, they pay solid dividends, margins are improving, and there are speculations of mergers and acquisitions.

5 Undervalued Stocks To Secure Your High Yield Portfolio

Donegal Group Inc. (NASDAQ:DGICA ) Q2 2023 Earnings Conference Call July 27, 2023 8:30 AM ET Company Participants Karin Daly - Investor Relations Kevin Burke - President and Chief Executive Officer Jeff Miller - Chief Financial Officer Jeff Hay - Chief Underwriting Officer Tony Viozzi - Chief Investment Officer Karin Daly Good morning, and thank you for joining us today. This morning, Donegal Group issued its Second Quarter 2023 Earnings Release, outlining its results.

Donegal Group Inc. (DGICA) Q2 2023 Earnings Call Transcript

MARIETTA, Pa., July 27, 2023 (GLOBE NEWSWIRE) -- Donegal Group Inc. (NASDAQ: DGICA) and (NASDAQ: DGICB) today reported its financial results for the second quarter and first half of 2023.

Donegal Group Inc. Announces Second Quarter and First Half 2023 Results

MARIETTA, Pa., June 27, 2023 (GLOBE NEWSWIRE) -- Donegal Group Inc. (NASDAQ:DGICA) and (NASDAQ:DGICB) announced today that it plans to release its results for second quarter ended June 30, 2023 on Thursday, July 27, 2023, before the opening of regular trading on the NASDAQ Stock Market. The Company will provide a supplemental investor presentation in the Investors section of its website at investors.donegalgroup.com, concurrently with its earnings press release.

News for Donegal Group Stock (DGICA)