Donegal Group (NASDAQ:DGICA – Get Free Report) was upgraded by analysts at StockNews.com from a “hold” rating to a “buy” rating in a research report issued to clients and investors on Friday.
Donegal Group Stock Performance
NASDAQ DGICA opened at $13.45 on Friday. The company has a market cap of $449.10 million, a P/E ratio of 84.06 and a beta of -0.07. 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 business’s 50 day moving average price is $13.84 and its 200-day moving average price is $14.15. Donegal Group has a fifty-two week low of $13.10 and a fifty-two week high of $15.76.
Donegal Group (NASDAQ:DGICA – Get Free Report) last released its earnings results on Thursday, February 22nd. The insurance provider reported ($0.11) earnings per share for the quarter, missing the consensus estimate of $0.23 by ($0.34). The company had revenue of $239.47 million for the quarter, compared to the consensus estimate of $234.10 million. Donegal Group had a net margin of 0.55% and a return on equity of 0.15%. During the same period in the prior year, the firm posted $0.09 EPS. Sell-side analysts predict that Donegal Group will post 0.55 earnings per share for the current year.
Institutional Investors Weigh In On Donegal Group
About Donegal Group
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.
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