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DGICA
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DGICADonegal Group Inc.
$18.73$690M
Overview & Tools
OverviewChart Terminal ↗Visualize
Valuation & Forecasts
Valuation ModelsEstimatesDCF Model
Price & Analyst Data
Analyst TargetsPrice History
Financial Statements
Income StatementBalance SheetCash FlowRatios & Margins
Performance
P/E HistoryRevenue HistoryEarnings HistoryDividend HistoryTotal Return
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DGICA logo

Donegal Group Inc.

DGICA
NASDAQ · Property & Casualty Insurers
$18.73
At close - Nov 6, 4:00 PM EST - USD
Market Cap$690M
P/E8.7x
52W High$21.06
Volume98.75K
OverviewTerminalAnalysisFinancialsValuationEarningsBreakoutsOwnership
VCP Research Verdict2026Q2

Disciplined Underwriting Drives Cyclical Earnings Inflection

Donegal Group's Q2 2026 results mark a clear earnings inflection, with EPS of $0.60 up 30.4% year-over-year and a combined ratio of 88.6%, the strongest in two years.

GrowthContracting
ProfitabilityStable
ValuationAttractive
TechnicalsHealthy
Explore valuation models
MARKET ACTION

DGICA price & volume

Price trend, volume and key moving averages

Launch Terminal
Loading chart...
Decision Checklist4 Core Signals

What matters now

The signals most likely to change the investment case.

01

Earnings momentum

8/12 Beats

EPS beat 8 of last 12 quarters

02

Valuation risk

-24% Peers

P/E is 24% below peer median

03

Market leadership

RS 68 · Avg

Average momentum (RS Rating: 68)

04

Healthy Uptrend

Uptrend

Price > 50DMA > 200DMA

Next CatalystEstimated earnings · Jan 29

Market performance

Price History →

Trailing total returns as of 11/8/2026, which may include dividends or other distributions. Benchmark is S&P 500 (^GSPC).

YTD Return
DGICA+0.31%
S&P 500 (^GSPC)+7.63%
1-Year Return
DGICA+2.42%
S&P 500 (^GSPC)+9.69%
3-Year Return
DGICA+44.12%
S&P 500 (^GSPC)+67.01%
5-Year Return
DGICA+53.82%
S&P 500 (^GSPC)+55.20%
02

Test the fundamentals

Check whether operating performance supports the current valuation.

VALUATION & INTRINSIC VALUE

Valuation Scenarios

Valuation Analysis
Trailing P/E5Y Low
8.7x
Forward P/E
10.4x
EV/EBITDA40th %ile
8.0x
FCF YieldCash Flow
5952.4%

Valuation vs 5-Year History

Multiple Range
Metric
Current
5Y Median
Historical Range
Percentile
P/E
8.7x
17.6x
0th· Low
EV/EBITDA
8.0x
11.7x
40th· Fair
Price/FCF
0.0x
7.6x
0th· Low
Current Multiple
5Y Median (50th %ile)

Intrinsic Value Scenarios

DCF Projection
No DCF Model AvailableIntrinsic value modeling is not supported for this equity.

Growth & profitability

Annual revenue & EPS trend
Revenue FY25
$978M-1.2% YoY
Net income FY25
$79M+56.0% YoY
Free cash flow FY25
$70M+4.1% YoY
Operating margin FY25
10%+3.7 pts YoY
ROIC (FY25)12.4%
Avg ROIC 5Y5.3%
ROE (TTM)10.6%
Piotroski Score6 / 9
Financial Statements →
03

Monitor what changed

Recent results and news deserve attention only when they alter the forward view.

OPERATING RESULTS

Recent Earnings

Earnings History
EPS Beat Rate8/12 (67%)
Revenue Beat Rate6/12 (50%)
QuarterEPS (Act vs Est)Revenue (Act vs Est)
Q4 2026Latest
Oct 29, 2026
$0.50+14.5%
vs $0.44
$210M-2.0%
vs $214M
Q3 2026
Jul 30, 2026
$0.53+26.2%
vs $0.42
$226M-2.2%
vs $232M
Q2 2026
Apr 30, 2026
$0.32-28.7%
vs $0.45
$239M-3.4%
vs $248M
Q1 2026
Feb 19, 2026
$0.50-7.2%
vs $0.54
$204M-5.5%
vs $216M
Historical baseline: 12 quarters analyzedGAAP / Adjusted
MARKET COVERAGE

Latest News

3 Stories
GlobeNewsWire·Oct 15, 2026
Donegal Group Inc. Announces Quarterly Dividend

MARIETTA, Pa., Oct. 15, 2026 (GLOBE NEWSWIRE) -- Donegal Group Inc. (NASDAQ:DGICA) and (NASDAQ:DGICB) reported today that its board of directors declared a regular quarterly cash dividend of $0.1925 per share of the Company's Class A common stock and $0.175 per share of the Company's Class B common stock. The dividends are payable on November 16, 2026 to stockholders of record as of the close of business on November 2, 2026.

GlobeNewsWire·Oct 6, 2026
Donegal Group Inc. Announces Release Date for Third Quarter 2026 Results

MARIETTA, Pa., Oct. 06, 2026 (GLOBE NEWSWIRE) -- Donegal Group Inc. (NASDAQ:DGICA) and (NASDAQ:DGICB) announced today that it plans to release its results for the third quarter ended September 30, 2026, on Thursday, October 29, 2026, before the opening of regular trading on the NASDAQ Stock Market. The Company will provide a supplemental investor presentation in the Investors section of its website at investors.donegalgroup.com, concurrently with its earnings press release.

Defense World·Sep 16, 2026
Mutual Insurance Co Donegal Acquires 54,725 Shares of Donegal Group (NASDAQ:DGICA) Stock

Donegal Group, Inc. (NASDAQ: DGICA - Get Free Report) major shareholder Mutual Insurance Co Donegal purchased 54,725 shares of the company's stock in a transaction dated Friday, September 11th. The shares were acquired at an average price of $19.23 per share, for a total transaction of $1,052,361.75. Following the purchase, the insider owned 14,387,128 shares in

Filtered for Donegal Group Inc.More Headlines
04

Compare before deciding

Benchmark DGICA against direct peers instead of judging its metrics in isolation.

Peers Comparison

Key metrics vs top competitors for Donegal Group Inc. (DGICA)

Full Screener →
CompanyPriceMarket CapP/E RatioRev Growth (1Y)Net MarginROEDiv Yield
DGICA logoDGICADonegal Group Inc.Current
$18.73$690.11M8.71-1.17%7.24%10.57%4.39%
ERIE logoERIEErie Indemnity Company
$273.07$12.61B24.797.17%13.97%23.86%1.77%
KMPR logoKMPRKemper Corporation
$33.39$1.97B-3.973.62%-10.83%-19.42%3.81%
HRTG logoHRTGHeritage Insurance Holdings, Inc.
$33.22$1.01B4.583.71%27.39%39.41%—
NODK logoNODKNI Holdings, Inc.
$15.33$313.98M21.24-12.35%5.79%6.11%—
ACNB logoACNBACNB Corporation
$65.54$669.29M12.0220.23%33.92%13.13%2.13%

Compare DGICA vs Peers

Donegal Group Inc. (DGICA) vs competitors — business, growth, and fundamentals comparison against the closest industry rivals.

Closest Rival

vs ERIE

Most directly comparable listed peer for DGICA.

Scale Benchmark

vs PGR

Larger-name benchmark to compare DGICA against a more recognizable public peer.

Peer Set

Compare Top 5

vs ERIE, KMPR, HRTG, NODK

05

Keep researching

Verify the primary filings, follow material updates, and answer the remaining questions.

DGICA SEC Filings & Documents

Donegal Group Inc. (DGICA) SEC filings — annual & quarterly reports (10-K, 10-Q)

8-K Announcements

6
Material company update

Jul 30, 2026·SEC

Material company update

Jul 16, 2026·SEC

Material company update

Jul 7, 2026·SEC

10-K Annual Reports

2
FY 2026

Mar 6, 2026·SEC

FY 2025

Mar 10, 2025·SEC

10-Q Quarterly Reports

5
FY 2026

Aug 4, 2026·SEC

FY 2026

May 7, 2026·SEC

FY 2025

Nov 4, 2025·SEC

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DGICA Frequently Asked Questions

Donegal Group Inc. (DGICA) stock FAQ — growth, dividends, profitability & financials explained

Growth & Financials
How fast is Donegal Group Inc. growing?

Donegal Group Inc. (DGICA) revenue fell by 3.4% over the trailing twelve months, compared with the twelve months before.

Is DGICA profitable?

Yes. Donegal Group Inc. (DGICA) earned $69.2M in net income over the trailing twelve months (a 7.2% net margin).

Dividend & Returns
Does DGICA pay dividends?

Yes. Donegal Group Inc. (DGICA) pays a dividend that yields 4.39% at the current price, a high yield.

What is DGICA's return on equity?

Donegal Group Inc. (DGICA) had a return on equity (ROE) of 10.6% over the trailing twelve months. That is in line with the market's typical 10-15%.

Industry Metrics
What is Donegal Group Inc.'s combined ratio?

Donegal Group Inc. (DGICA) has a combined ratio of 90.0%. A ratio below 100% indicates underwriting profitability.

What if you invested $1,000 in DGICA back in 1996?

Total return calculator · dividends reinvested · 30+ years of data

See returns →