News articles about Donegal Group (NASDAQ:DGICA) have trended positive this week, Accern reports. The research group identifies positive and negative news coverage by analyzing more than twenty million blog and news sources in real time. Accern ranks coverage of companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. Donegal Group earned a daily sentiment score of 0.32 on Accern’s scale. Accern also gave press coverage about the insurance provider an impact score of 46.2733876102092 out of 100, meaning that recent news coverage is somewhat unlikely to have an effect on the company’s share price in the immediate future.
A number of brokerages have recently issued reports on DGICA. Zacks Investment Research upgraded shares of Donegal Group from a “strong sell” rating to a “hold” rating in a report on Tuesday, September 19th. BidaskClub downgraded shares of Donegal Group from a “sell” rating to a “strong sell” rating in a report on Wednesday, July 19th. Keefe, Bruyette & Woods restated a “hold” rating and set a $19.00 price target on shares of Donegal Group in a report on Friday, July 14th. TheStreet downgraded shares of Donegal Group from a “b-” rating to a “c+” rating in a report on Wednesday, August 9th. Finally, Boenning Scattergood restated a “hold” rating on shares of Donegal Group in a report on Friday, July 14th. One equities research analyst has rated the stock with a sell rating and three have given a hold rating to the company. The company presently has a consensus rating of “Hold” and an average price target of $18.00.
Shares of Donegal Group (NASDAQ:DGICA) traded down 0.12% during mid-day trading on Thursday, hitting $16.20. 16,945 shares of the stock were exchanged. Donegal Group has a one year low of $14.49 and a one year high of $18.55. The company has a 50-day moving average of $15.70 and a 200 day moving average of $15.91. The stock has a market cap of $442.62 million, a PE ratio of 34.32 and a beta of 0.31.
Donegal Group (NASDAQ:DGICA) last issued its quarterly earnings results on Wednesday, July 19th. The insurance provider reported ($0.11) EPS for the quarter, missing the consensus estimate of ($0.07) by ($0.04). Donegal Group had a return on equity of 2.24% and a net margin of 1.84%. The company had revenue of $182.48 million for the quarter, compared to analyst estimates of $185.20 million. On average, equities analysts predict that Donegal Group will post $0.55 earnings per share for the current year.
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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