CSIMarket
 
Donegal Group Inc  (DGICA)
Other Ticker:  
 
 
Price: $14.2000 $0.98 7.413%
Day's High: $14.22 Week Perf: 4.72 %
Day's Low: $ 13.10 30 Day Perf: -1.53 %
Volume (M): 528 52 Wk High: $ 15.76
Volume (M$): $ 7,495 52 Wk Avg: $14.51
Open: $13.10 52 Wk Low: $13.10



 Market Capitalization (Millions $) 449
 Shares Outstanding (Millions) 32
 Employees -
 Revenues (TTM) (Millions $) 927
 Net Income (TTM) (Millions $) 4
 Cash Flow (TTM) (Millions $) -1
 Capital Exp. (TTM) (Millions $) 0

Donegal Group Inc

Donegal Group Inc., or DGI, is an insurance holding company whose insurance subsidiaries offer personal and commercial lines of property and casualty insurance to businesses and individuals in 21 Mid-Atlantic, Midwestern, New England and Southern states.

Donegal Mutual Insurance Company, or Donegal Mutual, organized us as an insurance holding company on August 26, 1986. Donegal Mutual held approximately 48% of our outstanding Class A common stock and approximately 83% of our outstanding Class B common stock. Donegal Mutual’s ownership provides Donegal Mutual with approximately 74% of the aggregate voting power of our outstanding shares of Class A common stock and our outstanding shares of Class B common stock. . While maintaining the separate corporate existence of each company, our insurance subsidiaries and Donegal Mutual conduct business together as the Donegal Insurance Group. As such, Donegal Mutual and our insurance subsidiaries share the same business philosophy, the same management, the same employees and the same facilities and offer the same types of insurance products.
We have been an effective consolidator of smaller “main street” property and casualty insurance companies, and we expect to pursue opportunities to acquire other insurance companies to expand our business in a given region or to commence operations in a new region. Since 1995, we have completed six acquisitions of property and casualty insurance companies or began to participate in their business through Donegal Mutual’s entry into quota-share reinsurance agreements with them.

Our insurance subsidiaries and Donegal Mutual provide their policyholders with a selection of insurance products at competitive rates, while pursuing profitability by adhering to a strict underwriting discipline. Our insurance subsidiaries derive a substantial portion of their insurance business from smaller to mid-sized regional communities. We believe this focus provides our insurance subsidiaries with competitive advantages in terms of local market knowledge, marketing, underwriting, claims servicing and policyholder service. At the same time, we believe our insurance subsidiaries have cost advantages over many smaller regional insurers that result from economies of scale our insurance subsidiaries realize through centralized accounting, administrative, data processing, investment and other services.


We believe we have a substantial opportunity, as a well-capitalized regional insurance holding company with a solid business strategy, to grow profitably and compete effectively with national property and casualty insurers. Our downstream holding company structure, with Donegal Mutual holding approximately 74% of the aggregate voting power of our common stock, has proven its effectiveness and success over the 29 years of our existence. Over that time period, we have grown significantly in terms of revenue and financial strength, and the Donegal Insurance Group has developed an excellent reputation as a regional group of property and casualty insurers.
We own 48.2% of Donegal Financial Services Corporation, or DFSC. DFSC is a grandfathered unitary savings and loan holding company that owns all of the outstanding capital stock of Union Community Bank, a state savings bank, or UCB. UCB has 15 banking offices, substantially all of which are located in Lancaster County, Pennsylvania. Donegal Mutual owns the remaining 51.8% of DFSC.


We have four segments: our investment function, our personal lines of insurance, our commercial lines of insurance and our investment in DFSC.

ss Strategy
Our strategy is designed to allow our insurance subsidiaries to achieve their longstanding goal of outperforming the United States property and casualty insurance industry in terms of profitability and service, thereby providing value to the policyholders of our insurance subsidiaries and, ultimately, providing value to our stockholders.



   Company Address: 1195 River Road Marietta 17547 PA
   Company Phone Number: 877-0600   Stock Exchange / Ticker: 0 DGICA
   


Customers Net Income grew by DGICA's Customers Net Profit Margin grew to

33.74 %

9.69 %

• Customers Performance • Customers Expend. • Customers Efficiency • List of Customers


   

Stock Performances by Major Competitors

5 Days Decrease / Increase
     
AIG   -0.72%    
HIG        0.72% 
L        1% 
MKL        1.48% 
PGR        3.75% 
TRV        0.66% 
• View Complete Report
   



Donegal Group Inc

Donegal Group Inc Reports Stable Advance in Fourth Quarter of 20232.

As we analyze Donegal Group Inc's financial performance for the fourth quarter of 2023, it is essential to highlight the key factors that contributed to the shortfall in earnings per share compared to the previous year. Despite the decrease in earnings, it is crucial to note that the revenue has shown significant growth, which indicates the company's ability to generate income and sustain its operations.
The 7.171% increase in revenue to $239.47 million showcases Donegal Group Inc's resilience and capability to navigate through challenging market conditions. This growth in revenue not only reflects the company's strategic initiatives but also signifies its strong market position and potential for future expansion.

Dividend

Donegal Group Inc. Uplifts Stakeholder Morale with Regular Quarterly Dividend Despite Market Fluctuations

Published Thu, Dec 21 2023 8:00 PM UTC


Marietta, PA - Donegal Group Inc (NASDAQ:DGICA) and (NASDAQ:DGICB) has declared that its Board of Directors has approved the distribution of a regular quarterly cash dividend, reinforcing investors' trust amid unpredictable market trends.
Appending its stature in the insurance industry, Donegal announced today a regular quarterly cash dividend of $0.17 per share for...

Donegal Group Inc

Despite Impressive Topline Growth, Donegal Group Inc Faces Financial Setback, Further Highlighting Challenges Ahead



Donegal Group Inc, a leading insurance company, recently released its third-quarter financial report for 2023, which showcased a commendable 9.909% year-on-year increase in revenue to $233.93 million. Unfortunately, this growth was inadequate to reach break-even, resulting in a deficit per share of $-0.02. Additionally, the company reported a net deficit of $-0.805 million, a substantial improvement from the previous year's loss of $-10.376 million. Despite these positive developments, there are concerns about the company's ability to sustain growth in the face of multiple challenges. This article aims to delve into these challenges while dissecting important financial data.
Weak Earnings Per Share (EPS) Performance
The third-quarter financial report revealed a decline in EPS from $0.06 per share in the preceding financial year. This decrease represents a troubling sign as it indicates a drop in profitability and shareholders' earnings. Although revenue increased modestly by 2.065% to $229.20 million, it was not sufficient to offset the declining EPS. The lingering question is whether Donegal Group Inc can reverse this negative trend in the following quarters.

Dividend

Donegal Group Inc. Declares Quarterly Dividend, Impacted by Recent Market Trends

Published Thu, Oct 19 2023 7:30 PM UTC


MARIETTA, Pa., Oct. 19, 2023 - Donegal Group Inc. (NASDAQ: DGICA) and (NASDAQ: DGICB) announced today that its board of directors has approved a regular quarterly cash dividend of $0.17 per share for the Company's Class A common stock and $0.1525 per share for the Class B common stock. The dividends are scheduled to be paid on November 15, 2023, to stockholders of recor...

Donegal Group Inc

Donegal Group Inc Surpasses Expectations with Remarkable Profitability and Significant Earnings Growth in Q2 2023



Donegal Group Inc, a leading insurance company, recently released its financial results for the fiscal interval spanning April to June 2023. The company showcased several positive highlights, including a significant improvement in earnings per share (EPS), a surge in revenue, and impressive net profit margins.
Improved Earnings and Profitability:
Compared to the same quarter a year ago, Donegal Group Inc reported positive earnings of $0.06 per share, a notable increase from $-0.26. This positive change indicates the company's successful efforts to manage expenses and optimize operational efficiency. Furthermore, the company's profit margins portrayed a similar positive trend. Net margin rose to 0.87% during the fiscal interval, compared to a net loss of $-8.208 million in the same quarter last year. Operating margin also increased, reaching 17.74%, showcasing the company's ability to generate profits from its core operations.






 

Donegal Group Inc's Segments
 
 
• View Complete Report
  Company Estimates  
  Revenue Outlook
Donegal Group Inc does not provide revenue guidance.

Earnings Outlook
Donegal Group Inc does not provide earnings estimates.

 
Geographic Revenue Dispersion




Help

About us

Advertise

CSIMarket Company, Sector, Industry, Market Analysis, Stock Quotes, Earnings, Economy, News and Research. 
   Copyright © 2024 CSIMarket, Inc. All rights reserved. This site uses cookies to make your browsing experince better. By using this site, you agree to the Terms of Service and Privacy Policy - UPDATED (Read about our Privacy Policy)

Intraday data delayed per exchange requirements. All quotes are in local exchange time. Intraday data delayed 15 minutes for Nasdaq, and other exchanges. Fundamental and financial data for Stocks, Sector, Industry, and Economic Indicators provided by CSIMarket.com