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.
Established dividend payer with adequate balance sheet.
Share Price & News
How has Donegal Group's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: DGIC.B's share price has been volatile over the past 3 months.
7 Day Return
1 Year Return
Return vs Industry: DGIC.B underperformed the US Insurance industry which returned -12.1% over the past year.
Return vs Market: DGIC.B underperformed the US Market which returned 14.9% over the past year.
Price Volatility Vs. Market
How volatile is Donegal Group's share price compared to the market and industry in the last 5 years?
Simply Wall St News
1 week ago | Simply Wall StDonegal Group Inc. (NASDAQ:DGIC.B) Passed Our Checks, And It's About To Pay A US$0.13 Dividend
2 weeks ago | Simply Wall StDonegal Group Inc.'s (NASDAQ:DGIC.B) 4.3% Dividend Yield Looks Pretty Interesting
1 month ago | Simply Wall StRead This Before You Buy Donegal Group Inc. (NASDAQ:DGIC.B) Because Of Its P/E Ratio
Is Donegal Group undervalued compared to its fair value and its price relative to the market?
Price to Earnings (PE) ratio
Share Price vs. Fair Value
Below Fair Value: DGIC.B ($11) is trading above our estimate of fair value ($2.25)
Significantly Below Fair Value: DGIC.B is trading above our estimate of fair value.
Price To Earnings Ratio
PE vs Industry: DGIC.B is good value based on its PE Ratio (6.9x) compared to the US Insurance industry average (14.1x).
PE vs Market: DGIC.B is good value based on its PE Ratio (6.9x) compared to the US market (17.8x).
Price to Earnings Growth Ratio
PEG Ratio: DGIC.B's earnings are forecast to decline next year, so we can't calculate its PEG ratio.
Price to Book Ratio
PB vs Industry: DGIC.B is good value based on its PB Ratio (0.7x) compared to the US Insurance industry average (1x).
How is Donegal Group forecast to perform in the next 1 to 3 years based on estimates from 2 analysts?
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: DGIC.B's earnings are forecast to decline over the next 3 years (-0.9% per year).
Earnings vs Market: DGIC.B's earnings are forecast to decline over the next 3 years (-0.9% per year).
High Growth Earnings: DGIC.B's earnings are forecast to decline over the next 3 years.
Revenue vs Market: DGIC.B's revenue (3.8% per year) is forecast to grow slower than the US market (9.3% per year).
High Growth Revenue: DGIC.B's revenue (3.8% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: DGIC.B's Return on Equity is forecast to be low in 3 years time (7.2%).
How has Donegal Group performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: DGIC.B has high quality earnings.
Growing Profit Margin: DGIC.B's current net profit margins (5.8%) are higher than last year (1.8%).
Past Earnings Growth Analysis
Earnings Trend: DGIC.B's earnings have declined by 6% per year over the past 5 years.
Accelerating Growth: DGIC.B's earnings growth over the past year (225.3%) exceeds its 5-year average (-6% per year).
Earnings vs Industry: DGIC.B earnings growth over the past year (225.3%) exceeded the Insurance industry -5.5%.
Return on Equity
High ROE: DGIC.B's Return on Equity (9.4%) is considered low.
How is Donegal Group's financial position?
Financial Position Analysis
Short Term Liabilities: DGIC.B's short term assets ($864.9M) do not cover its short term liabilities ($1.5B).
Long Term Liabilities: DGIC.B's short term assets ($864.9M) exceed its long term liabilities ($120.1M).
Debt to Equity History and Analysis
Debt Level: DGIC.B's debt to equity ratio (18.4%) is considered satisfactory.
Reducing Debt: DGIC.B's debt to equity ratio has increased from 12% to 18.4% over the past 5 years.
Debt Coverage: DGIC.B's debt is well covered by operating cash flow (84.1%).
Interest Coverage: DGIC.B's interest payments on its debt are well covered by EBIT (41.5x coverage).
What is Donegal Group current dividend yield, its reliability and sustainability?
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: DGIC.B's dividend (4.82%) is higher than the bottom 25% of dividend payers in the US market (1.66%).
High Dividend: DGIC.B's dividend (4.82%) is in the top 25% of dividend payers in the US market (4.51%)
Stability and Growth of Payments
Stable Dividend: DGIC.B's dividends per share have been stable in the past 10 years.
Growing Dividend: DGIC.B's dividend payments have increased over the past 10 years.
Current Payout to Shareholders
Dividend Coverage: With its reasonably low payout ratio (32.4%), DGIC.B's dividend payments are well covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: Insufficient data to determine if a dividend will be paid in 3 years and that it will be covered by earnings.
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Kevin Burke (54 yo)
Mr. Kevin Gerard Burke has been the Chief Executive Officer and President of Donegal Group Inc. since July 16, 2015. He is President of Peninsula Insurance Company and serves its Director since 2019. He is ...
CEO Compensation Analysis
Compensation vs Market: Kevin's total compensation ($USD1.03M) is below average for companies of similar size in the US market ($USD2.04M).
Compensation vs Earnings: Kevin's compensation has increased by more than 20% in the past year.
|Executive VP & CFO||15.33yrs||US$812.70k||0.16% |
|Senior VP & Chief Information Officer||11.58yrs||US$661.95k||0.023% |
|Senior VP & Head of Field Operations||2.33yrs||US$651.95k||0.11% |
|Senior VP & Treasurer||20.58yrs||US$626.95k||0.27% |
|Senior VP & Chief Investment Officer||8.58yrs||no data||0.025% |
|Senior VP & General Counsel||2.58yrs||no data||0.00020% |
|Senior VP & Chief Risk Officer||7.58yrs||no data||0.013% |
|Senior Vice President||no data||no data||0.0026% |
|Senior Vice President||no data||no data||0.016% |
|Senior Vice President||no data||no data||0.050% |
|Senior Vice President||no data||no data||0.14% |
Experienced Management: DGIC.B's management team is seasoned and experienced (8.1 years average tenure).
|Independent Director||13.58yrs||US$106.55k||0.024% |
|Independent Director||15.58yrs||US$102.25k||0.028% |
|Independent Director||12.58yrs||US$88.70k||0.057% |
|Independent Director||5.58yrs||US$94.25k||0.024% |
|Director||0.33yr||no data||no data|
|Independent Director||9.33yrs||US$99.65k||0.16% |
|Director||0.33yr||no data||no data|
Experienced Board: DGIC.B's board of directors are considered experienced (7.3 years average tenure).
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Donegal Group Inc.'s company bio, employee growth, exchange listings and data sources
- Name: Donegal Group Inc.
- Ticker: DGIC.B
- Exchange: NasdaqGS
- Founded: 1986
- Industry: Property and Casualty Insurance
- Sector: Insurance
- Market Cap: US$395.790m
- Shares outstanding: 29.03m
- Website: https://www.donegalgroup.com
- Donegal Group Inc.
- 1195 River Road
- P.O. Box 302
- United States
|Ticker||Exchange||Primary Security||Security Type||Country||Currency||Listed on|
|DGIC.B||NasdaqGS (Nasdaq Global Select)||Yes||Class B Common Stock||US||USD||Oct 1986|
|DGIC.A||NasdaqGS (Nasdaq Global Select)||Class A Common Stock||US||USD||Apr 2001|
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 s ...
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2020/08/05 01:15|
|End of Day Share Price||2020/08/04 00:00|
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.