MARKET COMPOSITE
DGICA - Donegal Group Inc.8:00:00 PM 5/3/2024
Price
$13.55
+ 0.03 (0.22%)
Donegal Group Inc., an insurance holding company, provides personal and commercial lines of property and casualty insurance to businesses and individuals in the Mid-Atlantic, Midwestern, New England, and southern states. It operates through four segments: Investment Function, Personal Lines of Insurance, and Commercial Lines of Insurance. The company offers private passenger automobile policies that provide protection against liability for bodily injury and property damage arising from automobile accidents, as well as protection against loss from damage to automobiles. It also offers homeowners policies, which provide coverage for damage to residences and their contents from a range of perils, including fire, lightning, windstorm, and theft; and liability of the insured arising from injury to other persons or their property. In addition, the company offers commercial automobile policies that provide protection against liability for bodily injury and property damage arising from automobile accidents and protection against loss from damage to automobiles owned by the insured; commercial multi-peril policies that provide protection to businesses against various perils, primarily combining liability and physical damage coverages; and workers' compensation policies, which provide benefits to employees for injuries sustained during employment. The company markets its insurance products through a network of approximately 2,400 independent insurance agencies. Donegal Group Inc. was founded in 1986 and is headquartered in Marietta, Pennsylvania. Donegal Group Inc. is a subsidiary of Donegal Mutual Insurance Company.
Financials
Quarterly financials
(USD)Mar 2024Q/Q
Revenue241.1MM+1%
Operating Income7.2MM-392%
Operating Expenses233.9MM-
Net Income6MM-402%
Interest Expense154.6K-1%
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Stock news

    OLDWICK, N.J., May 02, 2024--AM Best has affirmed the Financial Strength Rating (FSR) of A (Excellent) and the Long-Term Issuer Credit Ratings (Long-Term ICR) of "a" (Excellent) of the members of Donegal Insurance Group (Donegal Group). Concurrently, AM Best has affirmed the Long-Term ICR of "bbb" (Good) of the publicly traded holding company, Donegal Group Inc. (Delaware) [NASDAQ: DGICA and DGICB]. The outlook of these Credit Ratings (ratings) is stable. (See below for a detailed listing of the

    Donegal Group Inc. (NASDAQ:DGICA) Q1 2024 Earnings Call Transcript April 26, 2024 Donegal Group Inc. isn’t one of the 30 most popular stocks among hedge funds at the end of the third quarter (see the details here). Karin Daly: Good morning, and thank you for joining us today. This morning, Donegal Group issued its first […]

    Donegal Group ( NASDAQ:DGIC.A ) First Quarter 2024 Results Key Financial Results Revenue: US$241.1m (up 7.3% from 1Q...

    Insights into Donegal's Financial Performance and Strategic Initiatives

    Donegal (DGICA) delivered earnings and revenue surprises of -35% and 0.99%, respectively, for the quarter ended March 2024. Do the numbers hold clues to what lies ahead for the stock?

    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. Significant Items for First Quarter of 2024 (all comparisons to first quarter of 2023): Net premiums earned increased 5.8% to $227.7 millionNet premiums written1 increased 6.0% to $251.4 millionCombined ratio of 102.4%, compared to 101.2%Net income of $6.0 million, or $0.18 per diluted Class A share, compared to $5.2 million,

    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. These dividends represent percentage increases of 1.5% for the Company’s Class A

    Key Insights Significant control over Donegal Group by private companies implies that the general public has more power...

    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. At approximately 8:30 am ET on

    Donegal Group ( NASDAQ:DGIC.A ) Full Year 2023 Results Key Financial Results Revenue: US$927.3m (up 9.3% from FY 2022...