CSIMarket


Donegal Group Inc   (DGICA)
Other Ticker:  
 


 

Donegal Group Inc

DGICA's Financial Statements and Analysis



Donegal Group Inc reported in the first quarter of 2024 net earnings per share of $0.18 an increase by 12.5 % year on year from $0.16 and an improvement compare to net loss per share of $-0.07 realized in previous quarter.


first quarter of 2024
Earnings Per Share Revenues
$ 0.18 $  241 Mill
$+0.02     +12.5 % $+16M     +7.29 %



Donegal Group Inc 's Revenue rose by 7.29 % in first quarter of 2024 (Mar 31 2024) year on year, to $241 million and advanced by 0.7 % sequentially.


Donegal Group Inc is

More on DGICA's Income Statement



Donegal Group Inc 's net income of $5.956 million in the first quarter of 2024 increased by 14.45 % from net earnings of $5.204 million achieved in I. Quarter a year ago.

Sequentially Company turn into Profitability from net loss of $-1.970 million recorded in previous quarter.

More on DGICA's Growth

Donegal Group Inc Inventories
In Mar 31 2024 company's net cash and cash equivalents decreased by $-4 million


Donegal Group Inc payed out dividend of $0.65 per share in last 52 weeks representing 433.33 % of net earning per share in trailing twelve-month period.

During the same period Donegal Group Inc earned $ 1.03 cash per share, on a free-cash flow basis 687.55 % of net earning per share.

Book value fell by -3.40 % sequentially to $14.66 per share.
Tangible Book value fell to $ 14.46 per share from $ 14.97.

Company issued 1.48 million shares or 4.67 % in Mar 31 2024.
Interest Coverage Ratio was 10.68. Debt Coverage Ratio was 0.19.

More on DGICA's Dividends

 Market Capitalization (Millions) 425
 Shares Outstanding (Millions) 33
 Total Debt (Millions $) 35
 Revenue (TTM) (Millions $) 944
 Net Income (TTM) (Millions $) 5
 Cash Flow (TTM) (Millions $) -3
 Capital Exp. (TTM) (Millions $) 0
 Dividend TTM ($) 0.65 $
 Dividend Yield TTM (%) 5.29 %
 Employees (TTM) $ 14




Donegal Group Inc payed out dividend of $0.65 per share in the last 52 weeks representing 433.33 % of net earning per share in trailing twelve-month period.

During the same period Donegal Group Inc had $ 1.03 cash flow per share, on a free-cash flow basis 687.55 % of net earning per share.

Book value fell by -3.40 % sequentially to $14.66 per share.
Tangible Book value fell to $ 14.46 per share from $ 14.97.

Company issued 1.48 million shares or 4.67 % in Mar 31 2024.
Interest Coverage Ratio was 10.68. Debt Coverage Ratio was 0.19.

More on DGICA's Balance Sheets

 Market Capitalization (Millions) 425
 Shares Outstanding (Millions) 33
 Total Debt (Millions $) 35
 Revenue (TTM) (Millions $) 944
 Net Income (TTM) (Millions $) 5
 Cash Flow (TTM) (Millions $) -3
 Capital Exp. (TTM) (Millions $) 0
 Dividend TTM ($) 0.65 $
 Dividend Yield TTM (%) 5.29 %
 Employees (TTM) $ 14
   


  News about Donegal Group Inc Earnings

Donegal Group Inc. Reports Impressive 7.295% Revenue Growth in First Quarter of 2024

Donegal Group Inc. (NASDAQ: DGICA) and (NASDAQ: DGICB) recently announced their impressive financial performance for the first quarter of 2024, highlighting their resilience in the face of recent market challenges. This positive momentum comes after a decline in the company's stock value due to market trends in the previous year.
In October 2023, Donegal Group Inc. faced the impact of recent market trends, resulting in a notable decrease in its stock performance. Over the course of the last month, the company's stock value plummeted by -1.33%, leading to a year-to-date performance decline of -6.07%. Additionally, the stock traded at just 1.6% above its 52-week low, indicating a period of significant stra...

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 ...

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 S...

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 ros...

Donegal Group Inc's Earnings Fade, But Revenue Inches Up in Q1 - A Mixed Bag for Insurance Holding Company

Donegal Group Inc is a publicly traded insurance holding company that operates through its subsidiaries in the property and casualty insurance industry. The company is headquartered in Marietta, Pennsylvania, and has been in operation for more than 30 years. Donegal Group Inc primarily services the Mid-Atlantic region of the United States, including Pennsylvania, Virginia, and Maryland.
The recent financial results of Donegal Group Inc show a mixed performance with a net loss of $0 million during 12 months ending in the first quarter of 2023. This negative ROI of -0.01% is not impressive, especially when compared to its peers ...


Date modified: 2024-05-04T06:33:51+00:00





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