Donegal Group (NASDAQ:DGICA) Given New $19.50 Price Target at Keefe, Bruyette & Woods

Donegal Group (NASDAQ:DGICA) had its price objective reduced by Keefe, Bruyette & Woods from $21.00 to $19.50 in a research report sent to investors on Friday,Benzinga reports. Keefe, Bruyette & Woods currently has a market perform rating on the insurance provider’s stock.

Other equities analysts also recently issued reports about the stock. Weiss Ratings restated a “buy (b)” rating on shares of Donegal Group in a research note on Wednesday, January 21st. Zacks Research lowered Donegal Group from a “strong-buy” rating to a “hold” rating in a report on Friday, December 19th. Two analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the stock. Based on data from MarketBeat, Donegal Group has an average rating of “Moderate Buy” and a consensus target price of $19.50.

Donegal Group Trading Down 1.0%

NASDAQ:DGICA opened at $17.39 on Friday. The company has a market cap of $637.17 million, a P/E ratio of 7.94 and a beta of 0.04. Donegal Group has a twelve month low of $15.26 and a twelve month high of $21.12. The business has a 50 day moving average price of $19.32 and a two-hundred day moving average price of $19.10. The company has a quick ratio of 0.39, a current ratio of 0.39 and a debt-to-equity ratio of 0.06.

Donegal Group (NASDAQ:DGICA) last announced its quarterly earnings data on Thursday, February 19th. The insurance provider reported $0.50 EPS for the quarter, missing analysts’ consensus estimates of $0.52 by ($0.02). Donegal Group had a return on equity of 12.99% and a net margin of 8.11%.The business had revenue of $240.14 million during the quarter, compared to the consensus estimate of $241.10 million. As a group, analysts expect that Donegal Group will post 1.2 EPS for the current fiscal year.

Donegal Group Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Tuesday, February 17th. Stockholders of record on Tuesday, February 3rd were issued a $0.1825 dividend. This represents a $0.73 dividend on an annualized basis and a dividend yield of 4.2%. The ex-dividend date of this dividend was Tuesday, February 3rd. Donegal Group’s dividend payout ratio is presently 30.17%.

Insider Buying and Selling

In other Donegal Group news, major shareholder Mutual Insurance Co Donegal purchased 28,000 shares of the stock in a transaction on Tuesday, December 9th. The shares were purchased at an average price of $19.81 per share, with a total value of $554,680.00. Following the completion of the transaction, the insider directly owned 13,890,885 shares in the company, valued at $275,178,431.85. This represents a 0.20% increase in their ownership of the stock. The acquisition was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, VP Kristi Spencer Altshuler sold 12,000 shares of the company’s stock in a transaction that occurred on Monday, December 1st. The shares were sold at an average price of $20.25, for a total value of $243,000.00. The SEC filing for this sale provides additional information. Over the last 90 days, insiders acquired 106,343 shares of company stock worth $2,115,435 and sold 17,174 shares worth $346,833. 6.63% of the stock is currently owned by corporate insiders.

Hedge Funds Weigh In On Donegal Group

Hedge funds and other institutional investors have recently added to or reduced their stakes in the stock. Mercer Global Advisors Inc. ADV increased its holdings in shares of Donegal Group by 20.7% in the fourth quarter. Mercer Global Advisors Inc. ADV now owns 12,150 shares of the insurance provider’s stock valued at $243,000 after purchasing an additional 2,081 shares during the last quarter. Price T Rowe Associates Inc. MD bought a new stake in shares of Donegal Group during the 4th quarter worth about $203,000. State of Wisconsin Investment Board grew its stake in Donegal Group by 104.5% in the 4th quarter. State of Wisconsin Investment Board now owns 23,021 shares of the insurance provider’s stock valued at $460,000 after buying an additional 11,765 shares during the last quarter. MML Investors Services LLC raised its holdings in Donegal Group by 28.4% in the 4th quarter. MML Investors Services LLC now owns 69,106 shares of the insurance provider’s stock valued at $1,381,000 after acquiring an additional 15,289 shares during the period. Finally, Mariner LLC lifted its position in Donegal Group by 9.9% during the fourth quarter. Mariner LLC now owns 14,874 shares of the insurance provider’s stock worth $297,000 after acquiring an additional 1,342 shares during the last quarter. 27.96% of the stock is owned by institutional investors.

Key Stories Impacting Donegal Group

Here are the key news stories impacting Donegal Group this week:

• Positive Sentiment: Company emphasized record net income for the quarter and outlined strategic initiatives that management says support longer-term profitability, which could be constructive for investor confidence. Donegal Group Inc (DGICA) Q4 2025 Earnings Call Highlights: Record Net Income and Strategic …
• Neutral Sentiment: Full earnings-call transcript is available for investors who want the detailed commentary and management Q&A to assess growth/guidance nuances. Donegal Group Inc. (NASDAQ:DGICA) Q4 2025 Earnings Call Transcript
• Neutral Sentiment: Earnings slide presentation is posted (useful for line‑by‑line review of underwriting, investment results and reserve development). Donegal Group Inc. 2025 Q4 – Results – Earnings Call Presentation
• Neutral Sentiment: Pre‑earnings preview coverage summarizing expectations and key metrics to watch. Donegal Group Inc (DGICA) Q4 2025 Earnings Report Preview: What To Expect
• Neutral Sentiment: Reported short‑interest data appears effectively zero and unchanged, so short covering/pressure is unlikely to explain the move. (Data note in filings/news items.)
• Negative Sentiment: The core driver of the decline: reported EPS of $0.50 missed the $0.52 consensus and revenue slightly trailed estimates — an outcome that prompted selling pressure despite positive commentary on net income. Donegal Group (NASDAQ:DGICA) Shares Gap Down on Disappointing Earnings
• Negative Sentiment: Keefe, Bruyette & Woods lowered its price target from $21.00 to $19.50 and assigned a “market perform” rating, which reduces analyst-driven upside and may have intensified the pullback. KBW cuts price target to $19.50, market perform

Donegal Group Company Profile

Donegal Group, Inc (NASDAQ: DGICA) is a property and casualty insurance holding company headquartered in Marietta, Pennsylvania. Through a network of independent agencies, the company offers a suite of personal and commercial insurance products. Its underwriting subsidiaries provide homeowners, automobile, farmowner, commercial multi-peril, surety and umbrella coverages designed to meet the needs of individuals, families and businesses.

The company’s origins date back to 1925 with the formation of Donegal Mutual Insurance Company to serve rural communities in Pennsylvania.