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 2024

Donegal Group reports 8% growth in net premiums earned

Donegal Group's Q1 2023 performance reflects strong top-line growth but challenges in underwriting performance. Strategic initiatives, including product launches and software releases, demonstrate a focus on innovation. Despite challenges, the company remains confident in its transformational improvements, presenting opportunities for future growth.

Donegal Group reports positive Q2 earnings amidst industry challenges

Donegal Group's Q2 2023 performance showcased growth in net premiums earned and a turnaround in net income. While facing challenges such as weather impacts and inflationary pressures, the company maintained a comparable combined ratio and declared regular quarterly dividends.

Donegal Group reports mixed Q3 performance, plans major modernization

Donegal Group's Q3 2023 earnings call highlighted a mixed performance, with improvements in commercial lines but ongoing challenges in personal lines due to inflationary pressures and severe weather events. The company reported a 23% increase in net investment income and plans for a major commercial systems modernization initiative. However, the non-renewal of commercial policies in certain states and ongoing inflationary pressures pose challenges. Despite this, the company is focused on promoting new commercial products and expects opportunities for strategic investment in its bond portfolio.

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Donegal (DGICA) has been upgraded to a Zacks Rank #1 (Strong Buy), reflecting growing optimism about the company's earnings prospects. This might drive the stock higher in the near term.

All You Need to Know About Donegal (DGICA) Rating Upgrade to Strong Buy

Donegal Group Inc. (DGICA) CEO Kevin Burke on Q4 2019 Results - Earnings Call Transcript

Donegal (DGICA) delivered earnings and revenue surprises of 90.91% and 0.38%, respectively, for the quarter ended December 2019. Do the numbers hold clues to what lies ahead for the stock?

Donegal Group (DGICA) Tops Q4 Earnings and Revenue Estimates

MARIETTA, Pa., Dec.  19, 2019  (GLOBE NEWSWIRE) -- Donegal Group Inc. (NASDAQ: DGICA) and (NASDAQ:DGICB) today reported that its board of directors declared a regular quarterly cash dividend of $.145 per share of the Company’s Class A common stock and $.1275 per share of the Company’s Class B common stock.  The dividends are payable on February 18, 2020 to stockholders of record as of the close of business on February 3, 2020.

Donegal Group Inc.  Announces  Quarterly Dividend

MARIETTA, Pa., Nov.  15, 2019  (GLOBE NEWSWIRE) -- Donegal Group Inc. (NASDAQ:DGICA) and (NASDAQ:DGICB) announced that it plans to consolidate several of its wholly-owned insurance subsidiaries to simplify its organizational structure and reduce administrative costs.  

Donegal Group Inc. Announces Consolidation of Subsidiaries

Donegal Group Inc. (DGICA) CEO Kevin Burke on Q3 2019 Results - Earnings Call Transcript

Donegal (DGICA) delivered earnings and revenue surprises of 66.67% and 1.01%, respectively, for the quarter ended September 2019. Do the numbers hold clues to what lies ahead for the stock?

Donegal Group (DGICA) Q3 Earnings and Revenues Top Estimates

MARIETTA, Pa., Oct.  17, 2019  (GLOBE NEWSWIRE) -- Donegal Group Inc. (NASDAQ: DGICA) and (NASDAQ:DGICB) today reported that its board of directors declared a regular quarterly cash dividend of $.145 per share of the Company’s Class A common stock and $.1275 per share of the Company’s Class B common stock. The dividends are payable on November 15, 2019 to stockholders of record as of the close of business on November 1, 2019.

Donegal Group Inc. Announces Quarterly Dividend.

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Several economists consider inversion between the 2-year and 10-year bond yields as a clear indication of an upcoming recession. Moreover, the inversion is continuing since March 2019.

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Donegal Group, Inc. (DGICA) CEO Kevin Burke on Q2 2019 Results - Earnings Call Transcript

Donegal (DGICA) delivered earnings and revenue surprises of 160.00% and 0.47%, respectively, for the quarter ended June 2019. Do the numbers hold clues to what lies ahead for the stock?

Donegal Group (DGICA) Surpasses Q2 Earnings and Revenue Estimates

Donegal (DGICA) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

Donegal Group (DGICA) Earnings Expected to Grow: Should You Buy?

Donegal Group Inc. (DGICA) CEO Kevin Burke on Q1 2019 Results - Earnings Call Transcript

Donegal (DGICA) delivered earnings and revenue surprises of 766.67% and 0.72%, respectively, for the quarter ended March 2019. Do the numbers hold clues to what lies ahead for the stock?

News for Donegal Group Stock (DGICA)