Donegal Group, Inc. DGICA

18.09 0.17 0.95% as of 25 Sep
Market cap
$662.3M
P/E
9.2×
Growth Flags show if company had growth for consecutive years,
Insider Buys alert about insiders buying in the last 12 month

Insider Decisions

Total buys 13.85
Total sells 3.51
in millions of $
Nov 25 Feb 26 May 26 Aug 26
Buy — 9 3 — — 1 — 10 2 — 6 4
Sell — 6 2 — — 1 — — — — 4 5
Insider Ownership 55.06%

Capital & Financial Ratios

Market Cap 662.34
Revenue 962.81
Net Income 71.09
Free Cash Flow 58.39
Net Debt 11.28
Current Ratio 0.37
Debt/Equity 0.05
P/E ratio 9.23
P/S ratio 0.70
P/B ratio 1.01
Past 5Y EPS Growth (1.76%)
This Y EPS Growth (17.05%)
Next Y EPS Growth 5.56%
Next 5Y EPS Growth (1.09%)
in millions of $

Dividends

Payout Ratio 6.45
Annual Dividend Rate 0.68
Annual Dividend Yield 4.70%
total individual payouts
2028 Powerpack
2027 Powerpack
2026 0.76
0.18
0.19
0.19
2025 0.72
0.17
0.18
0.18
0.18
2024 0.69
0.17
0.17
0.17
0.17
2023 0.68
0.17
0.17
0.17
0.17
2022 0.66
0.16
0.17
0.17
0.17
2021 0.63
0.15
0.16
0.16
0.16
2020 0.60
0.15
0.15
0.15
0.15
2019 0.58
0.14
0.15
0.15
0.15
2018 0.57
0.14
0.14
0.14
0.14
2017 0.56
0.14
0.14
0.14
0.14
2016 0.55
0.14
0.14
0.14
0.14
predictions in italic, special payouts not included in total or ratios

Assets vs Liabilities

2023 2024 2025 Q'26
Cash 24 53 27 24
Receivables 631 602 583 634
Inventory — — — —
Other — — — —
654 655 610 657
2023 2024 2025 Q'26
Payables 1,734 1,738 1,695 1,771
ST’ Debt — — — —
Other — — — —
1,738 1,741 1,697 1,773
in millions of $

Compound Annual Growth

10y 5y 3y
Sales 4.39% 4.69% 4.86%
Cash Flow 0.29% (7.04%) 1.51%
Earnings 14.22% 8.48% 0.00%
Book Value 4.60% 4.34% 9.81%

Revenue

Mar Jun Sep Dec Year
’26 236 241 — — —
’25 245 247 246 240 978
’24 241 247 252 250 990
’23 225 229 234 239 927
’22 208 204 213 223 848
’21 198 205 203 210 816
’20 185 199 197 197 778
in millions of $ · fiscal quarters ending in the months shown

Operating Cash Flow

Mar Jun Sep Dec Year
’26 20 6 — — —
’25 26 12 22 10 70
’24 5 22 13 28 67
’23 (1) 14 13 3 29
’22 21 14 15 17 67
’21 30 29 (1) 18 77
’20 11 37 20 33 101
in millions of $ · fiscal quarters ending in the months shown

Free Cash Flow

Mar Jun Sep Dec Year
’26 20 6 — — —
’25 26 12 22 10 70
’24 5 22 13 28 67
’23 (1) 14 13 3 29
’22 21 14 15 17 67
’21 31 30 (1) 19 78
’20 11 37 20 33 101
in millions of $ · fiscal quarters ending in the months shown

EPS

Mar Jun Sep Dec Year
’26 0.31 0.60 — — —
’25 0.71 0.46 0.55 0.47 2.18
’24 0.18 0.13 0.51 0.70 1.53
’23 0.16 0.06 (0.02) (0.06) 0.14
’22 0.43 (0.26) (0.33) 0.11 (0.06)
’21 0.35 0.53 (0.22) 0.17 0.83
’20 0.13 0.79 0.41 0.49 1.83
fiscal quarters ending in the months shown

Target Price Range

Analyst price targets

Recommendation Rating

2.3
1Buy 2 3Hold 4 5Sell
2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 2028
12.69 14.51 12.74 12.42 11.22 13.35 13.05 13.82 12.26 14.17

Analyst estimates 2026–2028

Powerpack
Low Price
18.55 18.25 18.00 15.43 16.19 16.48 17.13 15.76 17.00 21.12
High Price
— — — — 879 838 876 883 851 851
Employees
0 0 0 0 1 1 1 1 1 1
Revenue/Emp
688 739 772 812 778 816 848 927 990 978
Revenue
22.12% 33.19% 9.94% 22.47% 23.76% 19.74% 16.58% 17.37% 22.85% 25.80%
Gross Margin
41 12 (48) 57 63 30 (4) 5 62 98
EBT
6.00% 1.64% (6.25%) 7.03% 8.13% 3.72% (0.43%) 0.55% 6.30% 9.98%
EBT Margin
31 7 (33) 47 53 25 (2) 4 51 79
Net Income
7 6 7 6 7 6 5 4 4 3
Depreciation
25.98 27.00 27.29 28.44 26.56 26.37 26.52 28.06 29.34 26.93
Revenue/Sh
1.19 0.27 (1.18) 1.68 1.84 0.83 (0.06) 0.14 1.53 2.22
Earnings/Sh
2.27 2.96 2.26 2.67 3.45 2.48 2.10 0.87 2.00 1.93
Cash Flow/Sh
(0.01) (0.04) 0.00 (0.01) 0.00 0.04 0.00 0.00 0.00 0.00
Capex/Sh
2.25 2.92 2.25 2.67 3.45 2.52 2.10 0.86 2.00 1.93
Free CF/Sh
16.56 16.39 14.10 15.79 17.68 17.15 15.12 14.52 16.18 17.63
Book Value/Sh
26 27 28 29 29 31 32 33 34 36
Shares
14.95 64.04 0.00 8.77 7.65 17.22 0.00 101.21 10.11 9.00
PE Ratio
0.68 0.64 0.50 0.52 0.53 0.54 0.54 0.51 0.53 0.74
PS Ratio
1.07 1.05 0.97 0.94 0.80 0.83 0.95 0.98 0.96 1.13
PB Ratio
0.76 0.68 0.52 0.51 0.51 0.51 0.55 0.52 0.51 0.75
EV/Sales
8.73 6.25 6.26 5.43 3.95 5.38 7.00 16.78 7.47 10.45
EV/FCF
60 81 64 76 101 77 67 29 67 70
Op' Cash Flow
0 (1) 0 0 0 1 0 0 0 0
Capex
60 80 64 76 101 78 67 29 67 70
FCF
(657) (712) (790) (838) (857) (971) (1,048) (1,084) (1,086) (1,087)
Working Cap'
74 64 65 40 90 35 35 35 35 35
Total Debt
49 26 12 (9) (13) (23) 10 11 (18) 8
Net Debt
439 449 399 451 518 531 484 480 546 640
Sh' Equity
1.95% 0.42% (1.84%) 2.51% 2.59% 1.14% (0.09%) 0.20% 2.21% 3.36%
ROA
5.51% 1.80% (6.98%) 8.30% 7.98% 3.84% (0.38%) 0.72% 7.49% 9.53%
ROIC
7.27% 1.60% (7.73%) 11.10% 10.90% 4.82% (0.39%) 0.92% 9.92% 13.38%
ROE
predictions in italic, sparklines do not include predictions

All 10 years →

Fiscal years to Dec 2025 · latest quarter Jun 2026

Donegal Group, Inc. (DGICA) key facts

  • Donegal Group, Inc. (DGICA) is an Insurance Property & Casualty company in the Financial sector, listed on Nasdaq.
  • Donegal Group, Inc.’s revenue for fiscal 2025 (year ended December 2025) was $978.0 million, down 1.17% from fiscal 2024.
  • Net income was $79.3 million, or $2.22 per share (basic), a net margin of 8.11%.
  • As of September 25, 2026, DGICA traded at $18.09, a market capitalization of $662.3 million.
  • At that price the stock trades at 9.2× trailing-twelve-month earnings and 0.7× sales.
  • Donegal Group, Inc. pays an annual dividend of $0.68 per share, a yield of 4.70%.
  • Return on equity was 13.4% and debt-to-equity 0.05.

Source: company filings (standardised) and stockrow calculations.

Donegal Group, Inc. (DGICA) Latest News

News by impact score

Fine-tune

6 Aug

3 transcript

Donegal Group Inc (DGICA) reported strong underwriting results in its Q2 2026 earnings call. Strong underwriting performance signals improved operational results with moderate effects on near-term financials and sentiment.

30 Jul

4

Donegal Group Inc. reported financial results for the second quarter and first half of 2026. Quarterly earnings releases can substantially move stock prices and shift investor expectations.

8 May

3

Donegal Group (DGICA) investment narrative evolves as analysts recalibrate price targets and underlying assumptions. Recalibrated analyst price targets and assumptions suggest moderately noticeable shifts in expectations for DGICA's financial performance and market sentiment.

30 Apr

3

Donegal Group Inc. announces first quarter 2026 results. Quarterly earnings disclosure affects financial performance but represents routine reporting.

16 Apr

3

Donegal Group Inc. announces an increase in its quarterly dividend. Dividend increase signals stronger financial health and may boost investor sentiment and short-term stock performance.

11 Mar

4

Donegal Group, Inc. (DGICA) announces migration to Guidewire Cloud and GenAI initiatives to modernize core insurance systems. Guidewire Cloud migration and GenAI adoption represent major strategic tech upgrades enhancing operational efficiency and competitive positioning in insurance.

19 Feb

4

Donegal Group Inc. (DGICA) reported record net income and strategic initiatives in Q4 2025 earnings call highlights. Record net income and strategic initiatives represent major positive shifts in financial performance and company trajectory.

4

Donegal Group Inc. announced fourth quarter and full year 2025 financial results. Quarterly and annual earnings announcements directly shape investor sentiment and stock trajectory through revealed financial health.

3

Donegal Group Inc. (DGICA) released Q4 earnings snapshot reporting financial results for the quarter. Q4 earnings directly influence Donegal Group's financial performance and short-term market sentiment.

5 Feb

4

Donegal Group, Inc. (DGICA) is highlighted as a top dividend stock to consider in February 2026, reflecting its strong financial performance and commitment to returning value to shareholders. The company has consistently increased its dividend payouts, making it an attractive option for income-focused investors. Analysts suggest that DGICA's stable earnings and solid balance sheet position it well for continued growth in the competitive insurance market. The company's consistent dividend growth and strong financial position indicate significant potential for future performance.

22 Jan

3

Donegal Group, Inc. (DGICA) is highlighted as one of three top dividend stocks for maximizing retirement income. The company is recognized for its consistent dividend payments and solid financial performance, making it an attractive option for income-focused investors. The article emphasizes the importance of dividend stocks in retirement planning, particularly in the current economic climate, where stable income sources are crucial for financial security. The focus on dividend stocks indicates a moderately noticeable influence on investor sentiment and financial performance.

18 Dec

3

Donegal Group, Inc. (DGICA) is highlighted as one of three reliable dividend stocks, offering a yield of up to 9.3%. The article emphasizes the company's consistent dividend payments and financial stability, making it an attractive option for income-focused investors. Alongside DGICA, other stocks are also mentioned, but the focus remains on Donegal's strong performance in the dividend space. The emphasis on Donegal's reliable dividend yield indicates a moderately noticeable influence on investor sentiment and financial performance.

17 Dec

4

Donegal Group, Inc. (DGICA) is highlighted as an undervalued investment opportunity in the U.S. market, with analysts pointing to its strong fundamentals and growth potential. The company has shown resilience in a challenging economic environment, and its strategic initiatives are expected to enhance its market position. Investors are encouraged to consider DGICA as a long-term holding due to its promising outlook and the potential for significant returns. Strong fundamentals and strategic initiatives are likely to significantly impact the company's future performance.

8 Dec

4

Investors may be undervaluing Donegal Group, Inc. (DGICA) as recent analyses suggest the company's stock is trading below its intrinsic value. Factors contributing to this undervaluation include strong financial performance, a solid balance sheet, and growth potential in the insurance sector. Analysts highlight the company's consistent dividend payments and strategic initiatives aimed at enhancing market presence. Despite challenges in the broader market, DGICA's fundamentals indicate a promising outlook, leading to speculation about potential price appreciation. Strong financial performance and growth potential suggest significant impact on future market performance.

1 Dec

3

Institutions hold 37% of Donegal Group Inc. (NASDAQ:DGIC.A) shares, while private companies control 51% of the company. This ownership structure indicates significant influence from private entities over the company's direction and decision-making processes. The ownership distribution suggests potential influence on corporate governance and strategic decisions, which may moderately affect the company's performance.

21 Nov

3

Donegal Group, Inc. (DGICA) is being evaluated by value investors for potential stock purchases. Analysts are considering the company's financial health, market position, and growth prospects in light of current economic conditions. The discussion includes insights on valuation metrics and comparisons with industry peers, aiming to determine whether DGICA represents a worthwhile investment opportunity for value-focused investors. Current evaluations suggest a moderate influence on financial performance and market sentiment.

10 Nov

3

Donegal Group, Inc. (DGICA) is highlighted as one of the top dividend stocks to enhance investment portfolios. The company is recognized for its consistent dividend payments and solid financial performance, making it an attractive option for income-focused investors. Analysts emphasize the importance of dividend stocks in providing stability and potential growth in uncertain market conditions. DGICA's strong fundamentals and commitment to returning value to shareholders position it favorably in the current economic landscape. DGICA's recognition as a top dividend stock indicates a moderately noticeable influence on its market performance and investor sentiment.

6 Nov

4

Donegal Group, Inc. (DGICA) is highlighted as a potential investment opportunity due to its strong fundamentals and market positioning. The company has shown resilience in a challenging insurance market, with a focus on expanding its product offerings and improving operational efficiency. Analysts suggest that DGICA's strategic initiatives could lead to enhanced profitability and growth, making it an attractive option for investors seeking hidden gems in the U.S. market. Strategic initiatives and market positioning are likely to significantly impact future performance and investor sentiment.

5 Nov

3

Donegal Group, Inc. (DGICA) has shown strong performance in the finance sector this year, outperforming many of its peers. The company's stock has gained traction due to strategic initiatives and favorable market conditions. Analysts are optimistic about its growth potential, highlighting its solid fundamentals and competitive positioning. Investors are encouraged by the company's ability to navigate challenges and capitalize on opportunities in the finance landscape. The company's strong performance and strategic initiatives are expected to moderately influence its financial outlook and market positioning.

3

Investors may be undervaluing Donegal Group, Inc. (DGICA) as the company's stock price has not reflected its strong fundamentals and growth potential. Analysts suggest that the current market conditions and investor sentiment may not accurately represent the company's financial health and future prospects. The article highlights key metrics and comparisons with industry peers, indicating that DGICA could be a promising investment opportunity. Current market sentiment does not align with Donegal Group's strong fundamentals and growth potential.

4 Nov

4 transcript

Donegal Group, Inc. (DGICA) reported strong underwriting performance in its Q3 2025 earnings call, highlighting improved financial metrics and strategic initiatives that contributed to its growth. The company emphasized its commitment to maintaining a robust underwriting discipline and enhancing operational efficiencies. Key financial results showcased a positive trajectory, reflecting the effectiveness of its risk management strategies and market positioning. Strong underwriting performance and strategic initiatives are likely to significantly impact future financial results and investor sentiment.

31 Oct

4

Donegal Group, Inc. (DGICA) reported a profit margin increase to 8.7%, challenging previous bearish earnings narratives. The company's financial performance has shown resilience, indicating potential for improved investor sentiment and market positioning. The significant profit margin increase suggests a positive shift in financial performance that could alter investor sentiment and market dynamics.

30 Oct

4

Donegal Group, Inc. reported its financial results for the third quarter and the first nine months of 2025, highlighting key metrics such as revenue growth and net income. The company experienced an increase in premiums written and improved underwriting results, contributing to a positive outlook for the remainder of the year. Management emphasized strategic initiatives aimed at enhancing operational efficiency and customer service. The results reflect the company's resilience in a competitive market and its commitment to delivering value to shareholders. The financial results indicate significant improvements in revenue and underwriting performance, suggesting a positive shift in the company's trajectory.

3

Donegal Group, Inc. (DGICA) reported its Q3 earnings, revealing a net income of $5.2 million, or $0.25 per share, compared to $6.1 million, or $0.29 per share, in the same quarter last year. The company's total revenue for the quarter was $118.3 million, a slight decrease from $120.5 million year-over-year. The decline in revenue was attributed to lower premium growth and increased claims costs. Despite these challenges, the company remains focused on improving operational efficiency and enhancing its underwriting performance. Donegal's combined ratio for the quarter was reported at 98.5%, indicating a slight deterioration from the previous year's 97.8%. Management expressed optimism about future growth opportunities and strategic initiatives aimed at stabilizing performance. The earnings report indicates moderate challenges in revenue and claims costs that could influence financial performance.

28 Oct

3

Donegal Group, Inc. (NASDAQ:DGIC.A) faces challenges in linking its financial performance to current share price movements, raising questions about the stock's future trajectory. Analysts express concerns over the obscurity of the company's financials, which complicates assessments of its market position and potential growth. Investors are urged to consider the implications of these uncertainties on the stock's performance moving forward. Obscure financials may moderately influence investor sentiment and the company's competitive positioning.

20 Oct

3

Donegal Group, Inc. (DGICA) is currently being evaluated for potential undervaluation in the stock market. Analysts are examining the company's financial metrics, market position, and recent performance trends to determine if the stock presents a buying opportunity. Factors such as earnings reports, market conditions, and competitive landscape are influencing investor sentiment and stock valuation. The analysis aims to provide insights into whether DGICA's current stock price reflects its true value and future growth potential. Current evaluations suggest a moderate influence on the company's financial performance and market sentiment.

2 Oct

3

Donegal Group, Inc. (DGICA) is being evaluated by value investors for potential stock purchases. Analysts are considering the company's financial health, market position, and recent performance metrics to determine if it represents a good investment opportunity. Factors such as valuation ratios and market trends are being analyzed to assess the attractiveness of DGICA shares in the current economic climate. Current evaluations suggest a moderate influence on financial performance and market sentiment.

1 Oct

4

Donegal Group, Inc. (DGICA) is highlighted as an undervalued investment opportunity in the U.S. market, with analysts noting its strong fundamentals and potential for growth. The company has shown resilience in a competitive landscape, and its strategic initiatives are expected to enhance its market position. Investors are encouraged to consider DGICA as a long-term holding due to its promising outlook and the potential for significant returns. Strategic initiatives and strong fundamentals indicate a significant potential for growth and improved market performance.

24 Sep

3

Donegal Group, Inc. (NASDAQ:DGIC.A) is highlighted for its potential in earnings per share (EPS) growth, which may present an investment opportunity. The company has shown resilience and strategic initiatives that could enhance its financial performance. Investors focusing on EPS growth might find Donegal Group appealing as it navigates market challenges and seeks to improve its competitive positioning. EPS growth potential may moderately influence Donegal Group's financial performance and market sentiment.

16 Sep

4

Investors may be undervaluing Donegal Group, Inc. (DGICA) as the company shows potential for growth despite recent market fluctuations. Analysts suggest that the stock's current price does not reflect its underlying value, driven by strong fundamentals and a solid business model. The company is positioned well within the insurance sector, and its financial metrics indicate a promising outlook. Market sentiment may not fully recognize these strengths, presenting a potential buying opportunity for investors. Strong fundamentals and market positioning suggest significant potential for future growth and investor interest.

stockrow.com/DGICA · Data as of Jun 30, 2026 · For information only; not investment advice. · © 2026 stockrow.com