News stories about Donegal Group (NASDAQ:DGICA) have been trending positive this week, AlphaOne reports. AlphaOne, a service of Accern, scores the sentiment of news coverage by analyzing more than 20 million news and blog sources. AlphaOne ranks coverage of companies on a scale of negative one to one, with scores closest to one being the most favorable. Donegal Group earned a news impact score of 0.50 on AlphaOne’s scale. AlphaOne also gave headlines about the insurance provider an impact score of 75 out of 100, meaning that recent news coverage is likely to have an impact on the company’s share price in the near term.
Separately, Boenning Scattergood started coverage on shares of Donegal Group in a research note on Thursday, May 25th. They issued a “neutral” rating for the company.
Shares of Donegal Group (DGICA) traded down 0.31% on Tuesday, hitting $16.18. 1,875 shares of the stock traded hands. Donegal Group has a 12-month low of $14.49 and a 12-month high of $18.55. The stock has a market cap of $441.55 million, a price-to-earnings ratio of 18.53 and a beta of 0.24. The stock has a 50-day moving average price of $15.95 and a 200 day moving average price of $16.71.
Donegal Group (NASDAQ:DGICA) last announced its quarterly earnings data on Wednesday, April 19th. The insurance provider reported $0.12 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.35 by $0.23. The company had revenue of $175.05 million during the quarter. Donegal Group had a return on equity of 4.76% and a net margin of 3.43%. On average, analysts anticipate that Donegal Group will post $0.90 earnings per share for the current fiscal year.
In other news, Director Robert S. Bolinger sold 12,000 shares of the firm’s stock in a transaction on Wednesday, April 26th. The shares were sold at an average price of $16.67, for a total value of $200,040.00. Following the sale, the director now owns 9,185 shares in the company, valued at $153,113.95. The sale was disclosed in a filing with the SEC, which is available at this hyperlink. Company insiders own 11.90% of the company’s stock.
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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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