DONEGAL GROUP INC CLASS A (DGICA)
Financials · Regional property and casualty insurance · NASDAQ
A regional property and casualty insurance holding company focused on smaller to mid-sized communities across the Mid-Atlantic, Midwest, South, and Southwest.
What DONEGAL GROUP INC CLASS A does
Donegal Group Inc. is a property and casualty insurance holding company whose subsidiaries offer commercial and personal lines insurance across 21 states. The company operates through its investment function and two insurance segments: commercial lines (automobile, multi-peril, workers' compensation) and personal lines (homeowners, private passenger automobile). Donegal Mutual Insurance Company controls approximately 70% of the combined voting power, and the group pursues profitability through strict underwriting discipline and regional market expertise.
Themes: ["Property and casualty insurance","Commercial lines insurance","Personal lines insurance","Regional insurance markets","Underwriting discipline"]
Fundamentals
- Price$18.88 as of 2026-07-09 close
- Market cap$722M as of 2026-07-10
- 1-year return+0.8% as of 2026-07-09 close
- P/E11.01 as of 2026-07-10
- Net margin+6.8% as of 2026-07-10
- ROE+10.4% as of 2026-07-10
- Debt / equity0.05 as of 2026-07-10
- Revenue growth (YoY)-2.5% as of 2026-07-10
- Revenue CAGR (3y)+4.9% SEC XBRL
- Beta-0.02 as of 2026-07-10
Dividend: yield +4.1%; pays a dividend.
Key risks (from latest filing)
["Net premiums earned declined 4.9% in Q1 2026 versus Q1 2025 (from $232.7M to $221.4M), indicating revenue pressure and potential loss of market share or underwriting restrictions","Loss ratios remain elevated; net losses and loss expenses for Q1 2026 were $142.0M on earned premiums of $221.4M, reflecting elevated claims experience or unfavorable underwriting decisions","Significant reliance on Donegal Mutual Insurance Company (44% of Class A shares, 85% of Class B shares, 70% combined voting control) creates concentration risk and potential governance constraints for minority shareholders"]
Competitors & peers
- State Auto Financial Corporation (STAF)
- Heritage Insurance Holdings (HRTG)
- Federated National Holding Company (FNHC)
- Universal Insurance Holdings (UVE)
- AMERISAFE Inc (AMSF)
Fundamentals: Finnhub, as of 2026-07-10. Filings: SEC EDGAR. Prices are delayed daily-close data.
Last updated 2026-07-09.
Informational only — NOT financial advice. All figures are delayed daily-close data from SEC EDGAR & Finnhub, shown with their as-of date.