Donegal Group (DGICA) Set to Announce Earnings on Thursday

Donegal Group (NASDAQ:DGICA) will be releasing its earnings data before the market opens on Thursday, April 25th. Analysts expect Donegal Group to post earnings of $0.20 per share for the quarter. Persons interested in registering for the company’s earnings conference call can do so using this link.

Donegal Group (NASDAQ:DGICA) last announced its earnings results on Thursday, February 22nd. The insurance provider reported ($0.11) earnings per share for the quarter, missing the consensus estimate of $0.23 by ($0.34). Donegal Group had a net margin of 0.48% and a return on equity of 0.40%. The company had revenue of $239.47 million during the quarter, compared to analysts’ expectations of $234.10 million. During the same quarter last year, the business posted $0.09 earnings per share. On average, analysts expect Donegal Group to post $1 EPS for the current fiscal year and $1 EPS for the next fiscal year.

Donegal Group Trading Down 0.2 %

Shares of DGICA stock opened at $13.80 on Wednesday. The business’s 50 day moving average is $13.90 and its two-hundred day moving average is $14.16. Donegal Group has a twelve month low of $13.10 and a twelve month high of $15.76. The company has a market capitalization of $460.78 million, a P/E ratio of 98.57 and a beta of -0.07. The company has a current ratio of 0.40, a quick ratio of 0.40 and a debt-to-equity ratio of 0.07.

Donegal Group Increases Dividend

The business also recently announced a quarterly dividend, which will be paid on Wednesday, May 22nd. Shareholders of record on Wednesday, May 8th will be paid a $0.172 dividend. This is an increase from Donegal Group’s previous quarterly dividend of $0.17. This represents a $0.69 annualized dividend and a dividend yield of 4.99%. The ex-dividend date is Tuesday, May 7th. Donegal Group’s dividend payout ratio (DPR) is 485.71%.

Wall Street Analysts Forecast Growth

Separately, StockNews.com downgraded Donegal Group from a “buy” rating to a “hold” rating in a research note on Friday, February 23rd.

Donegal Group Company Profile

Donegal Group Inc, an insurance holding company, provides property and casualty insurance to businesses and individuals. It operates through three 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; and homeowners policies, which provide coverage for damage to residences and their contents from a range of perils, including fire, lightning, windstorm, and theft, as well as liability of the insured arising from injury to other persons or their property.