Donegal Group (DGICA) to Release Quarterly Earnings on Thursday

Donegal Group (NASDAQ:DGICA) is scheduled to post its quarterly earnings results before the market opens on Thursday, April 25th. Analysts expect Donegal Group to post earnings of $0.20 per share for the quarter. Individual interested in participating in the company’s earnings conference call can do so using this link.

Donegal Group (NASDAQ:DGICA) last posted its quarterly earnings data on Thursday, February 22nd. The insurance provider reported ($0.11) EPS for the quarter, missing the consensus estimate of $0.23 by ($0.34). The firm had revenue of $239.47 million during the quarter, compared to analysts’ expectations of $234.10 million. Donegal Group had a net margin of 0.48% and a return on equity of 0.40%. During the same quarter last year, the business posted $0.09 EPS. 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 1.4 %

NASDAQ:DGICA opened at $13.83 on Tuesday. The company has a debt-to-equity ratio of 0.07, a quick ratio of 0.40 and a current ratio of 0.40. The firm has a market cap of $461.78 million, a price-to-earnings ratio of 98.79 and a beta of -0.07. Donegal Group has a 52 week low of $13.10 and a 52 week high of $15.76. The firm has a 50-day moving average price of $13.91 and a two-hundred day moving average price of $14.16.

Donegal Group Increases Dividend

The company also recently disclosed 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 a positive change from Donegal Group’s previous quarterly dividend of $0.17. The ex-dividend date is Tuesday, May 7th. This represents a $0.69 annualized dividend and a yield of 4.97%. Donegal Group’s dividend payout ratio (DPR) is 485.71%.

Analysts Set New Price Targets

Separately, StockNews.com lowered shares of 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.