Headlines about Donegal Group (NASDAQ:DGICA) have trended somewhat positive this week, according to Accern. The research firm scores the sentiment of press coverage by reviewing more than 20 million blog and news sources in real time. Accern ranks coverage of public companies on a scale of negative one to positive one, with scores closest to one being the most favorable. Donegal Group earned a daily sentiment score of 0.13 on Accern’s scale. Accern also assigned media coverage about the insurance provider an impact score of 46.1265127109462 out of 100, meaning that recent press coverage is somewhat unlikely to have an impact on the stock’s share price in the next several days.
Donegal Group (DGICA) traded up $0.14 on Friday, hitting $15.04. The stock had a trading volume of 56,142 shares, compared to its average volume of 23,759. The company has a quick ratio of 0.42, a current ratio of 0.43 and a debt-to-equity ratio of 0.14. The firm has a market cap of $424.11, a PE ratio of 57.85 and a beta of 0.45. Donegal Group has a 1-year low of $14.51 and a 1-year high of $18.25.
Donegal Group (NASDAQ:DGICA) last posted its quarterly earnings results on Friday, February 23rd. The insurance provider reported $0.04 EPS for the quarter, missing the consensus estimate of $0.39 by ($0.35). The business had revenue of $188.55 million during the quarter, compared to analyst estimates of $190.40 million. Donegal Group had a net margin of 0.96% and a return on equity of 1.82%. sell-side analysts expect that Donegal Group will post 1 EPS for the current fiscal year.
Several research analysts have weighed in on DGICA shares. Zacks Investment Research downgraded Donegal Group from a “buy” rating to a “hold” rating in a research note on Tuesday, February 20th. BidaskClub downgraded Donegal Group from a “buy” rating to a “hold” rating in a research note on Tuesday, December 12th. Keefe, Bruyette & Woods set a $19.00 target price on Donegal Group and gave the company a “buy” rating in a research note on Friday, February 23rd. Boenning Scattergood reiterated a “buy” rating on shares of Donegal Group in a research note on Monday, February 26th. Finally, TheStreet downgraded Donegal Group from a “b” rating to a “c+” rating in a research note on Friday, February 23rd. Two investment analysts have rated the stock with a sell rating and two have given a buy rating to the company’s stock. The stock currently has an average rating of “Hold” and an average target price of $19.33.
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Donegal Group Company Profile
Donegal Group Inc (DGI) is an insurance holding company whose insurance subsidiaries offer personal and commercial lines of property and casualty insurance. The Company offered its insurance business to various businesses and individuals in 21 Mid-Atlantic, Midwestern, New England and Southern states, as of December 31, 2016.
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