Media coverage about Donegal Group (NASDAQ:DGICA) has been trending very positive on Monday, according to Accern Sentiment Analysis. The research firm scores the sentiment of media coverage by monitoring more than 20 million blog and news sources in real-time. Accern ranks coverage of publicly-traded companies on a scale of -1 to 1, with scores closest to one being the most favorable. Donegal Group earned a daily sentiment score of 0.62 on Accern’s scale. Accern also gave headlines about the insurance provider an impact score of 100 out of 100, indicating that recent media coverage is extremely likely to have an effect on the company’s share price in the next few days.
Shares of Donegal Group (DGICA) opened at 15.93 on Monday. The stock has a 50 day moving average of $15.93 and a 200 day moving average of $16.71. Donegal Group has a 12-month low of $14.49 and a 12-month high of $18.55. The company has a market cap of $434.73 million, a price-to-earnings ratio of 18.25 and a beta of 0.24.
Donegal Group (NASDAQ:DGICA) last announced its earnings results on Wednesday, April 19th. The insurance provider reported $0.12 earnings per share for the quarter, missing the Thomson Reuters’ consensus estimate of $0.35 by $0.23. The company had revenue of $175.05 million for the quarter. Donegal Group had a return on equity of 4.76% and a net margin of 3.43%. Equities research analysts predict that Donegal Group will post $0.90 earnings per share for the current fiscal year.
Separately, Boenning Scattergood initiated coverage on shares of Donegal Group in a report on Thursday, May 25th. They issued a “neutral” rating for the company.
In other Donegal Group news, Director Robert S. Bolinger sold 12,000 shares of the stock in a transaction dated Wednesday, April 26th. The shares were sold at an average price of $16.67, for a total transaction of $200,040.00. Following the completion of the transaction, the director now owns 9,185 shares of the company’s stock, valued at $153,113.95. The sale was disclosed in a legal filing with the SEC, which is available at this link. Company insiders own 11.90% of the company’s stock.
About Donegal Group
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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