Media coverage about Donegal Group (NASDAQ:DGICA) has trended positive recently, Accern Sentiment Analysis reports. Accern identifies negative and positive media coverage by monitoring more than 20 million news and blog sources in real-time. Accern ranks coverage of public companies on a scale of -1 to 1, with scores nearest to one being the most favorable. Donegal Group earned a media sentiment score of 0.30 on Accern’s scale. Accern also assigned news stories about the insurance provider an impact score of 47.5198930167099 out of 100, indicating that recent media coverage is somewhat unlikely to have an impact on the stock’s share price in the immediate future.
These are some of the media headlines that may have effected Accern’s rankings:
- Donegal Group, Inc. (DGICA) Director Jack Lee Hess Acquires 2,000 Shares (americanbankingnews.com)
- Research Analysts Set Expectations for Donegal Group, Inc.’s FY2017 Earnings (DGICA) (americanbankingnews.com)
- Donegal Group, Inc. : DGICA-US: Dividend Analysis : November 01st, 2017 (record date) : By the numbers : November 1, 2017 (finance.yahoo.com)
- Donegal Group, Inc. (DGICA) Upgraded to “Hold” at Zacks Investment Research (americanbankingnews.com)
- Boenning Scattergood Equities Analysts Increase Earnings Estimates for Donegal Group, Inc. (DGICA) (americanbankingnews.com)
Several analysts recently commented on DGICA shares. TheStreet raised Donegal Group from a “c+” rating to a “b-” rating in a report on Friday, October 20th. Keefe, Bruyette & Woods reaffirmed a “hold” rating and issued a $19.00 price objective on shares of Donegal Group in a report on Friday, July 14th. Boenning Scattergood reaffirmed a “hold” rating on shares of Donegal Group in a report on Friday, July 14th. Zacks Investment Research raised Donegal Group from a “strong sell” rating to a “hold” rating in a report on Tuesday, September 19th. Finally, BidaskClub raised Donegal Group from a “strong sell” rating to a “sell” rating in a report on Monday, July 31st. One analyst has rated the stock with a sell rating, one has given a hold rating and two have issued a buy rating to the company. Donegal Group currently has a consensus rating of “Hold” and a consensus price target of $19.67.
Donegal Group (NASDAQ:DGICA) remained flat at $$17.29 during midday trading on Friday. 108,226 shares of the company’s stock were exchanged, compared to its average volume of 23,706. The company has a market capitalization of $472.38, a PE ratio of 37.59 and a beta of 0.28. The company has a debt-to-equity ratio of 0.17, a current ratio of 0.44 and a quick ratio of 0.44. Donegal Group has a 12 month low of $14.49 and a 12 month high of $18.55.
Donegal Group (NASDAQ:DGICA) last released its earnings results on Monday, October 30th. The insurance provider reported $0.25 earnings per share for the quarter, beating the Thomson Reuters’ consensus estimate of $0.21 by $0.04. The company had revenue of $185.72 million for the quarter, compared to the consensus estimate of $187.60 million. Donegal Group had a return on equity of 2.82% and a net margin of 2.13%. research analysts anticipate that Donegal Group will post 0.65 EPS for the current year.
The firm also recently disclosed a quarterly dividend, which will be paid on Wednesday, November 15th. Stockholders of record on Wednesday, November 1st will be given a $0.14 dividend. The ex-dividend date is Tuesday, October 31st. This represents a $0.56 annualized dividend and a dividend yield of 3.24%. Donegal Group’s payout ratio is 98.25%.
In other Donegal Group news, Director Jack Lee Hess acquired 2,000 shares of the stock in a transaction dated Thursday, November 2nd. The shares were acquired at an average cost of $16.78 per share, for a total transaction of $33,560.00. Following the completion of the transaction, the director now directly owns 4,489 shares of the company’s stock, valued at $75,325.42. The purchase was disclosed in a legal filing with the SEC, which is available at this hyperlink. 11.90% of the stock is owned by insiders.
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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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