Keefe, Bruyette & Woods Cuts Donegal Group (NASDAQ:DGICA) Price Target to $19.50

Donegal Group (NASDAQ:DGICA) had its price target cut by Keefe, Bruyette & Woods from $21.00 to $19.50 in a research note released on Friday,Benzinga reports. They currently have a market perform rating on the insurance provider’s stock.

Other equities research analysts also recently issued reports about the company. Weiss Ratings restated a “buy (b)” rating on shares of Donegal Group in a research report on Wednesday, January 21st. Zacks Research cut Donegal Group from a “strong-buy” rating to a “hold” rating in a report on Friday, December 19th. Two equities research analysts have rated the stock with a Buy rating and two have given a Hold rating to the company. Based on data from MarketBeat, Donegal Group currently has a consensus rating of “Moderate Buy” and an average price target of $19.50.

Donegal Group Price Performance

DGICA stock opened at $17.39 on Friday. Donegal Group has a 52 week low of $15.26 and a 52 week high of $21.12. The firm has a market capitalization of $637.17 million, a P/E ratio of 7.94 and a beta of 0.04. The company has a fifty day simple moving average of $19.32 and a two-hundred day simple moving average of $19.13. The company has a quick ratio of 0.39, a current ratio of 0.39 and a debt-to-equity ratio of 0.06.

Donegal Group (NASDAQ:DGICA) last announced its earnings results on Thursday, February 19th. The insurance provider reported $0.50 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.52 by ($0.02). Donegal Group had a net margin of 8.11% and a return on equity of 12.99%. The business had revenue of $240.14 million for the quarter, compared to analysts’ expectations of $241.10 million. Analysts anticipate that Donegal Group will post 1.2 earnings per share for the current fiscal year.

Donegal Group Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Tuesday, February 17th. Stockholders of record on Tuesday, February 3rd were given a dividend of $0.1825 per share. This represents a $0.73 annualized dividend and a dividend yield of 4.2%. The ex-dividend date was Tuesday, February 3rd. Donegal Group’s dividend payout ratio (DPR) is 33.33%.

Insider Transactions at Donegal Group

In related news, Director Kevin Michael Sr Kraft, Sr. sold 4,500 shares of the firm’s stock in a transaction dated Tuesday, November 25th. The shares were sold at an average price of $20.02, for a total value of $90,090.00. Following the transaction, the director owned 13,436 shares of the company’s stock, valued at $268,988.72. This trade represents a 25.09% decrease in their position. The transaction was disclosed in a filing with the SEC, which is accessible through the SEC website. Also, VP Kristi Spencer Altshuler sold 12,000 shares of the business’s stock in a transaction dated Monday, December 1st. The shares were sold at an average price of $20.25, for a total transaction of $243,000.00. The SEC filing for this sale provides additional information. Over the last ninety days, insiders have purchased 106,343 shares of company stock worth $2,115,435 and have sold 17,174 shares worth $346,833. Company insiders own 3.48% of the company’s stock.

Institutional Inflows and Outflows

A number of institutional investors have recently added to or reduced their stakes in the business. ProShare Advisors LLC purchased a new stake in shares of Donegal Group in the 2nd quarter worth approximately $6,343,000. CSM Advisors LLC bought a new position in Donegal Group in the second quarter worth approximately $3,699,000. Royce & Associates LP lifted its holdings in Donegal Group by 579.4% during the fourth quarter. Royce & Associates LP now owns 169,853 shares of the insurance provider’s stock worth $3,394,000 after buying an additional 144,853 shares during the period. Goldman Sachs Group Inc. boosted its position in Donegal Group by 117.3% during the 4th quarter. Goldman Sachs Group Inc. now owns 236,124 shares of the insurance provider’s stock valued at $4,718,000 after acquiring an additional 127,470 shares in the last quarter. Finally, American Century Companies Inc. increased its holdings in shares of Donegal Group by 294.1% in the 2nd quarter. American Century Companies Inc. now owns 149,611 shares of the insurance provider’s stock valued at $2,996,000 after acquiring an additional 111,647 shares during the period. Hedge funds and other institutional investors own 27.96% of the company’s stock.

Trending Headlines about Donegal Group

Here are the key news stories impacting Donegal Group this week:

• Positive Sentiment: Company emphasized record net income for the quarter and outlined strategic initiatives that management says support longer-term profitability, which could be constructive for investor confidence. Donegal Group Inc (DGICA) Q4 2025 Earnings Call Highlights: Record Net Income and Strategic …
• Neutral Sentiment: Full earnings-call transcript is available for investors who want the detailed commentary and management Q&A to assess growth/guidance nuances. Donegal Group Inc. (NASDAQ:DGICA) Q4 2025 Earnings Call Transcript
• Neutral Sentiment: Earnings slide presentation is posted (useful for line‑by‑line review of underwriting, investment results and reserve development). Donegal Group Inc. 2025 Q4 – Results – Earnings Call Presentation
• Neutral Sentiment: Pre‑earnings preview coverage summarizing expectations and key metrics to watch. Donegal Group Inc (DGICA) Q4 2025 Earnings Report Preview: What To Expect
• Neutral Sentiment: Reported short‑interest data appears effectively zero and unchanged, so short covering/pressure is unlikely to explain the move. (Data note in filings/news items.)
• Negative Sentiment: The core driver of the decline: reported EPS of $0.50 missed the $0.52 consensus and revenue slightly trailed estimates — an outcome that prompted selling pressure despite positive commentary on net income. Donegal Group (NASDAQ:DGICA) Shares Gap Down on Disappointing Earnings
• Negative Sentiment: Keefe, Bruyette & Woods lowered its price target from $21.00 to $19.50 and assigned a “market perform” rating, which reduces analyst-driven upside and may have intensified the pullback. KBW cuts price target to $19.50, market perform

Donegal Group Company Profile

Donegal Group, Inc (NASDAQ: DGICA) is a property and casualty insurance holding company headquartered in Marietta, Pennsylvania. Through a network of independent agencies, the company offers a suite of personal and commercial insurance products. Its underwriting subsidiaries provide homeowners, automobile, farmowner, commercial multi-peril, surety and umbrella coverages designed to meet the needs of individuals, families and businesses.

The company’s origins date back to 1925 with the formation of Donegal Mutual Insurance Company to serve rural communities in Pennsylvania.