Donegal Group (NASDAQ:DGICA) released its earnings results on Monday. The insurance provider reported $0.42 earnings per share (EPS) for the quarter, topping the Thomson Reuters’ consensus estimate of $0.22 by $0.20, Fidelity Earnings reports. Donegal Group had a net margin of 5.80% and a return on equity of 6.55%. The business had revenue of $198.25 million for the quarter, compared to analysts’ expectations of $197.50 million.
Shares of DGICA stock opened at $14.85 on Thursday. The stock has a market cap of $421.63 million, a price-to-earnings ratio of 8.84 and a beta of 0.29. The company has a quick ratio of 0.44, a current ratio of 0.44 and a debt-to-equity ratio of 0.09. Donegal Group has a fifty-two week low of $12.42 and a fifty-two week high of $15.43. The firm’s 50 day moving average price is $14.42 and its two-hundred day moving average price is $14.54.
The firm also recently declared a quarterly dividend, which was paid on Tuesday, February 18th. Shareholders of record on Monday, February 3rd were given a dividend of $0.145 per share. The ex-dividend date was Friday, January 31st. This represents a $0.58 dividend on an annualized basis and a yield of 3.91%. Donegal Group’s dividend payout ratio (DPR) is 57.43%.
About Donegal Group
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. It operates through four segments: Investment Function, Personal Lines of Insurance, Commercial Lines of Insurance, and Investment in DFSC.
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