Media headlines about Donegal Group (NASDAQ:DGICB) have been trending somewhat positive on Thursday, Accern reports. Accern ranks the sentiment of press coverage by analyzing more than twenty million news and blog sources. Accern 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 0.13 on Accern’s scale. Accern also assigned news stories about the insurance provider an impact score of 47.2596177658095 out of 100, meaning that recent press coverage is somewhat unlikely to have an effect on the stock’s share price in the near term.
Separately, TheStreet raised shares of Donegal Group from a “c+” rating to a “b” rating in a report on Friday, February 2nd.
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Donegal Group traded up $1.25, hitting $14.25, on Thursday, according to Marketbeat. The company’s stock had a trading volume of 2,400 shares, compared to its average volume of 1,524. Donegal Group has a 12 month low of $13.00 and a 12 month high of $15.91. The company has a quick ratio of 0.43, a current ratio of 0.43 and a debt-to-equity ratio of 0.15.
Donegal Group (NASDAQ:DGICB) last released its quarterly earnings data on Monday, April 23rd. The insurance provider reported ($0.57) EPS for the quarter. The business had revenue of $188.14 million during the quarter. Donegal Group had a negative return on equity of 2.89% and a negative net margin of 2.16%.
The firm also recently disclosed a quarterly dividend, which was paid on Tuesday, May 15th. Investors of record on Tuesday, May 1st were issued a $0.125 dividend. The ex-dividend date of this dividend was Monday, April 30th. This is an increase from Donegal Group’s previous quarterly dividend of $0.12. This represents a $0.50 annualized dividend and a yield of 3.51%.
In other news, major shareholder Mutual Insurance Co Donegal bought 7,000 shares of the stock in a transaction on Monday, April 30th. The shares were acquired at an average cost of $21.00 per share, for a total transaction of $147,000.00. The transaction was disclosed in a filing with the SEC, which is available through this link. 7.20% of the stock is currently owned by company insiders.
About Donegal Group
Donegal Group Inc, an insurance holding company, provides 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.