Donegal Group B Stock Today
| DGICB Stock | USD 12.79 0.04 0.31% |
Performance0 of 100
| Odds Of DistressLess than 6
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Donegal Group is trading at 12.79 as of the 24th of April 2024, a -0.31 percent decrease since the beginning of the trading day. The stock's open price was 12.83. Donegal Group has only a 6 % chance of going through financial distress over the next few years, but has generated negative returns over the last 90 days. Equity ratings for Donegal Group B are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 25th of March 2024 and ending today, the 24th of April 2024. Click here to learn more.
Business Domain Insurance | IPO Date 26th of March 1990 | Category Financial Services | Classification Financials |
Donegal Group Inc., an insurance holding company, provides personal and commercial lines of property and casualty insurance to businesses and individuals. Donegal Group Inc. was incorporated in 1986 and is headquartered in Marietta, Pennsylvania. Donegal Group operates under InsuranceProperty Casualty classification in the United States and is traded on NASDAQ Exchange.. The company has 5.58 M outstanding shares of which 2.7 K shares are currently shorted by private and institutional investors with about 4.67 days to cover all short positions. More on Donegal Group B
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Donegal Stock Highlights
Most reasonable investors view market volatility as an opportunity to invest at a favorable price or to sell short against a bearish trend. Donegal Group's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding Donegal Group or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
| CEO President | Kevin Burke | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Business Concentration | Insurance, Insurance - Property & Casualty, Financial Services, NASDAQ Composite, NASDAQ Composite Total, Financials, Insurance, Insurance—Property & Casualty, Financial Services (View all Sectors) | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Average Analyst Recommendation Analysts covering Donegal Group report their recommendations after researching Donegal Group's financial statements, talking to executives and customers, or listening in on Donegal Group's conference calls. The current trade recommendation is based on an ongoing consensus estimate among financial analysts covering Donegal Group B. The Donegal consensus assessment is calculated by taking the average forecast from all of the analysts covering Donegal Group. | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Financial Strength Based on the analysis of Donegal Group's profitability, liquidity, and operating efficiency, Donegal Group B may be sliding down financialy. It has an above-average chance of going through some form of financial crunch next quarter. Financial strength of Donegal Group B is based on its profitability, leverage, liquidity, source of funds, and operating efficiency.
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Donegal Group's financial strength is of vital concern to both outside investors and internal stakeholders. Efficiency and cost control are keys to Donegal Group's success, along with its ability to generate sufficient cash flow to pay bills, repay debt, and make a consistent year-to-year profit. | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Financial leverage usually refers to the use of borrowed funds to amplify returns from an investment. In general, analyzing the relationship between debt to total assets helps investors to understand Donegal Group's financial leverage. It provides some insight into what part of Donegal Group's total assets is financed by creditors.
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Donegal Group B (DGICB) is traded on NASDAQ Exchange in USA. It is located in 1195 River Road, Marietta, PA, United States, 17547-0302 and employs 29 people. Donegal Group is listed under Insurance category by Fama And French industry classification. The company currently falls under 'Small-Cap' category with a current market capitalization of 458.02 M. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Donegal Group's market, we take the total number of its shares issued and multiply it by Donegal Group's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and those looking for more risk prefer small-cap and mid-cap equities. Donegal Group B classifies itself under Insurance sector and is part of Financials industry. The entity has 5.58 M outstanding shares of which 2.7 K shares are currently shorted by private and institutional investors with about 4.67 days to cover all short positions.
Donegal Group B has accumulated about 63.32 M in cash with 28.62 M of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 1.96.
Check Donegal Group Probability Of Bankruptcy
Ownership AllocationThe market capitalization of Donegal Group B is $458.02 Million. Roughly 93.0 percent of Donegal Group outstanding shares are held by general public with 0.03 (percent) owned by insiders and only 7.26 % by other corporate entities. Please take into account that even companies with profitable outlook can generate negative future returns on their equity. If the true value of the firm is less than the current market value, you may not be able generate positive returns on investment in the long run.
Check Donegal Ownership Details
Donegal Stock Price Odds Analysis
What are Donegal Group's target price odds to finish over the current price? Depending on a normal probability distribution, the odds of Donegal Group jumping above the current price in 90 days from now is about 90.82%. The Donegal Group B probability density function shows the probability of Donegal Group stock to fall within a particular range of prices over 90 days. Assuming the 90 days horizon Donegal Group B has a beta of -0.5651 suggesting as returns on the benchmark increase, returns on holding Donegal Group are expected to decrease at a much lower rate. During a bear market, however, Donegal Group B is likely to outperform the market. Additionally, donegal Group B has a negative alpha, implying that the risk taken by holding this instrument is not justified. The company is significantly underperforming the NYSE Composite.
Based on a normal probability distribution, the odds of Donegal Group to move above the current price in 90 days from now is about 90.82 (This Donegal Group B probability density function shows the probability of Donegal Stock to fall within a particular range of prices over 90 days) .
Donegal Stock Institutional Holders
Institutional Holdings refers to the ownership stake in Donegal Group that is held by large financial organizations, pension funds or endowments. Institutions may purchase large blocks of Donegal Group's outstanding shares and can exert considerable influence upon its management. Institutional holders may also work to push the share price higher once they own the stock. Extensive social media coverage, TV shows, articles in high-profile magazines, and presentations at investor conferences help move the stock higher, increasing Donegal Group's value.| Instituion | Recorded On | Shares | |
| Ubs Group Ag | 2023-12-31 | 2.0 | |
| Jpmorgan Chase & Co | 2023-12-31 | 1.0 | |
| Cannell Capital Llc | 2023-09-30 | 0.0 | |
| State Of Wyoming | 2023-12-31 | 0.0 | |
| Blackrock Inc | 2023-09-30 | 0.0 | |
| Dimensional Fund Advisors, Inc. | 2023-12-31 | 165.8 K | |
| Logan Capital Management Inc | 2023-12-31 | 135.2 K | |
| Janney Montgomery Scott Llc | 2023-12-31 | 33.2 K | |
| Vanguard Group Inc | 2023-12-31 | 20.5 K | |
| Wedbush Morgan Securities Inc | 2023-12-31 | 17.9 K | |
| Minerva Advisors Llc | 2023-12-31 | 17.9 K |
Donegal Group Historical Income Statement
Donegal Group B Income Statement is one of the three primary financial statements used for reporting Donegal's overall financial performance over a current year or for a given accounting period. An Income Statement sometimes referred to as the statement of Donegal Group B revenue and expense. Donegal Group Income Statement primarily focuses on the company's revenues and expenses during a particular period.
At present, Donegal Group's Interest Expense is projected to decrease significantly based on the last few years of reporting. The current year's Total Revenue is expected to grow to about 973.7 M, whereas EBITDA is forecasted to decline to about 4.1 M. View More FundamentalsDonegal Stock Against Markets
Picking the right benchmark for Donegal Group stock is fundamental to making educated investment choices. Many naive investors compare their positions with the S&P 500 or with the Nasdaq. But these benchmarks are not all-inclusive and generally should be used only for large-capitalization equities or stock offerings from large companies. When the price of a selected benchmark declines in a down market, there may be an uptick in Donegal Group stock price where buyers come in believing the asset is cheap. The opposite is true when the market is bullish; so, accurately picking the benchmark for Donegal Group is critical whether you are bullish or bearish towards Donegal Group B at a given time. Please also check how Donegal Group's historical prices are related to one of the top price index indicators.
Be your own money manager
Our tools can tell you how much better you can do entering a position in Donegal Group without increasing your portfolio risk or giving up the expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate risk-adjusted returns of your individual positions relative to your overall portfolio.Did you try this?
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Donegal Group Corporate Directors
Donegal Group corporate directors refer to members of a Donegal Group board of directors. The board of directors generally takes responsibility for the Donegal Group's affairs and long-term direction of the entity. A corporate director does not make decisions for the corporation on his own. As a member of the board of directors, she or he must function as a part of a group that makes decisions on behalf of the business only by the board of directors' meetings. To pass a resolution, a majority of Donegal Group's board members must vote for the resolution. The Donegal Group board of directors' duties also include the election, removal, and supervision of officers, including the adoption, amendment, and repeal of bylaws.| Scott Berlucchi | Director | Profile | |
| Robert Bolinger | Independent Director | Profile | |
| Philip Glatfelter | Director | Profile | |
| Patricia Gilmartin | Director | Profile |
How to buy Donegal Stock?
Before investing in Donegal Group, you must ensure you fully understand your financial goals and how diversified (or not) your overall investments are now. Then, after you clearly understand your investment objectives, consider investing in Donegal Group. To buy Donegal Group stock, you can follow these steps:- Choose a brokerage firm: You need to select a brokerage firm to buy shares of Donegal Group. Some popular options include Charles Schwab, Fidelity, TD Ameritrade, and Robinhood.
- Open an account: Once you have chosen a brokerage firm, you will need to open an account. You will be required to provide personal information, such as your name, address, and Social Security number.
- Fund your account: You will need to deposit funds into your brokerage account to purchase Donegal Group stock. You can do this by transferring funds from your bank account or other investment accounts.
- Place your order: Once you have located Donegal Group B stock in your brokerage account, you can place your order to buy it. You will need to specify the number of shares you want to buy and the price you are willing to pay.
- Monitor your investment: After you have purchased Donegal Group B stock, you should monitor your investment to track its performance and make informed decisions about buying, selling, or holding the stock
It's important to note that investing in stocks, such as Donegal Group B, carries risks, and you should carefully consider your investment goals and risk tolerance before making any investment decisions. Also, remember various factors, including economic indicators, change in net worth, political events, company-specific news, and investor sentiment, can influence the stock market. These factors can cause fluctuations in stock prices and lead to market volatility affecting your buy or sell decision. However, volatility can also present opportunities for investors to make gains by buying stocks when prices are low and selling when they are high. It's important for investors to have a long-term perspective and a well-diversified portfolio to manage the impact of stock market volatility on their investments. For more information on how to buy Donegal Stock please use our How to Invest in Donegal Group guide.
Already Invested in Donegal Group B?
The danger of trading Donegal Group B is mainly related to its market volatility and Company specific events. As an investor, you must understand the concept of risk-adjusted return before you start trading. The most common way to measure the risk of Donegal Group is by using the Sharpe ratio. The ratio expresses how much excess return you acquire for the extra volatility you endure for holding a more risker asset than Donegal Group. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile Donegal Group B is, you must compare it to a benchmark. Traditionally, the risk-free rate of return is the rate of return on the shortest-dated U.S. Treasury, such as a 3-year bond.
When determining whether Donegal Group B offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Donegal Group's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Donegal Group B Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Donegal Group B Stock: Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Donegal Group B. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in main economic indicators. Note that the Donegal Group B information on this page should be used as a complementary analysis to other Donegal Group's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Correlation Analysis module to reduce portfolio risk simply by holding instruments which are not perfectly correlated.
Complementary Tools for Donegal Stock analysis
When running Donegal Group's price analysis, check to measure Donegal Group's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Donegal Group is operating at the current time. Most of Donegal Group's value examination focuses on studying past and present price action to predict the probability of Donegal Group's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Donegal Group's price. Additionally, you may evaluate how the addition of Donegal Group to your portfolios can decrease your overall portfolio volatility.
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Is Donegal Group's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Donegal Group. If investors know Donegal will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Donegal Group listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth (0.62) | Dividend Share 0.675 | Earnings Share 0.14 | Revenue Per Share 28.062 | Quarterly Revenue Growth 0.072 |
The market value of Donegal Group B is measured differently than its book value, which is the value of Donegal that is recorded on the company's balance sheet. Investors also form their own opinion of Donegal Group's value that differs from its market value or its book value, called intrinsic value, which is Donegal Group's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Donegal Group's market value can be influenced by many factors that don't directly affect Donegal Group's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Donegal Group's value and its price as these two are different measures arrived at by different means. Investors typically determine if Donegal Group is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Donegal Group's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.