Donegal Group (NASDAQ:DGICA) is scheduled to be releasing its earnings data after the market closes on Wednesday, October 30th. Analysts expect Donegal Group to post earnings of $0.12 per share for the quarter. Individual interested in listening to the company’s earnings conference call can do so using this link.

Donegal Group (NASDAQ:DGICA) last issued its quarterly earnings results on Monday, July 29th. The insurance provider reported $0.13 earnings per share (EPS) for the quarter, beating the Thomson Reuters’ consensus estimate of $0.05 by $0.08. Donegal Group had a return on equity of 0.39% and a net margin of 1.75%. The company had revenue of $197.22 million for the quarter, compared to analyst estimates of $196.30 million. On average, analysts expect Donegal Group to post $1 EPS for the current fiscal year and $1 EPS for the next fiscal year.

Shares of DGICA opened at $14.41 on Wednesday. Donegal Group has a 52-week low of $12.42 and a 52-week high of $15.43. The business’s fifty day moving average is $14.44 and its 200-day moving average is $14.33. The company has a debt-to-equity ratio of 0.09, a quick ratio of 0.44 and a current ratio of 0.44. The firm has a market cap of $412.01 million, a price-to-earnings ratio of -14.41 and a beta of 0.28.

The firm also recently declared a quarterly dividend, which will be paid on Friday, November 15th. Stockholders of record on Friday, November 1st will be paid a $0.145 dividend. The ex-dividend date of this dividend is Thursday, October 31st. This represents a $0.58 annualized dividend and a dividend yield of 4.02%. Donegal Group’s payout ratio is -58.00%.

Several equities analysts have recently issued reports on the company. Zacks Investment Research upgraded Donegal Group from a “hold” rating to a “buy” rating and set a $16.00 price target on the stock in a research note on Wednesday, October 2nd. BidaskClub upgraded Donegal Group from a “strong sell” rating to a “sell” rating in a research note on Tuesday, October 1st. TheStreet lowered Donegal Group from a “b-” rating to a “c” rating in a research note on Tuesday, August 27th. Boenning Scattergood reiterated a “hold” rating on shares of Donegal Group in a research note on Tuesday, July 30th. Finally, ValuEngine lowered Donegal Group from a “buy” rating to a “hold” rating in a research note on Saturday, August 31st. One research analyst has rated the stock with a sell rating, two have assigned a hold rating and one has given a buy rating to the stock. The stock presently has an average rating of “Hold” and an average target price of $16.00.

About Donegal Group

Donegal Group Inc, an insurance holding company, provides personal and commercial lines of property and casualty insurance to businesses and individuals in the Mid-Atlantic, Midwestern, New England, and southern states. It operates through four segments: Investment Function, Personal Lines of Insurance, Commercial Lines of Insurance, and Investment in DFSC.

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Earnings History for Donegal Group (NASDAQ:DGICA)

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