DGICA
Donegal Group Inc.
NasdaqGSUSDEQUITY
Financial Services
DELAYED
Neutral
+4/100
Last price
18.27
▲ 0.08 (0.44%)
MARKET · —
Price
Chart style
Interval
Intraday intervals only cover recent history. The site picks the finest interval the range allows.
Overlays
Session levels
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Both series are rebased to 0% at the left edge, so the lines show relative performance rather than price.
Tool
1D
—
H —
L —
Range —
Vol —
vs
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Open
18.14
Prev close
18.19
Day high
18.38
Day low
18.14
Volume
44.46K
Market cap
$678.17M
P/E (TTM)
9.52
52W range
16.11 – 21.06
Day trading desk
Gap from prior close
-0.27%
Prior close 18.19
VWAP
18.30
-0.15% from price
Relative volume
0.36×
Quiet session
Session range
1.32%
18.14 – 18.38
Position in range
54%
Mid range
ATR (14D)
0.37
2.02% of price
Prior day high
18.45
PDH
Prior day low
18.17
PDL
Bid / ask spread
—
Quote not published
Session volume
43.87K
Avg 120.32K
VWAP and the session figures are computed from the delayed intraday series on this page, so they lag the live tape and will not match a broker's real-time VWAP exactly. Turn on Prior day H/L/C, Opening range and Volume profile in the chart's Studies menu to see these levels drawn on price.
Trailing performance
Returnvs SPY
1W
+2.70%
+0.8%
1M
-3.84%
-5.3%
3M
-3.23%
-6.7%
6M
+4.70%
-10.3%
YTD
-8.56%
-22.6%
1Y
-6.12%
-21.9%
3Y
+29.85%
-52.1%
5Y
—
—
Price return only. Dividends are not reinvested, so total return on a dividend payer will be higher than shown.
Unusual options activity
Nothing crossed the thresholds in the expiries we scanned.
That is the normal state — most contracts trade well inside their existing open interest.
That is the normal state — most contracts trade well inside their existing open interest.
Contracts trading at or above their open interest, ranked by notional and where the print landed.
Free account
5 more panels on DGICA open with an account.
Options chains and analytics, valuation ratios, insider filings, analyst targets and ownership. No card, no trial, nothing to cancel.
Insider net activity
Net shares
+447.14K
Net buying
Buy transactions
31
569.50K shares
Sell transactions
9
122.36K shares
Net transactions
+40
Buys less sells
Sell : buy shares
0.2 : 1
Mixed
Insider-held shares
533.03K
Total on file
Insider transactions
| Date | Insider | Action | Shares | Value | Held |
|---|---|---|---|---|---|
| Sep 11, 26 | MILLER JEFFREY DEAN Chief Financial Officer |
SELL | 21.00K | $403.75K | Direct |
| Sep 11, 26 | BURKE KEVIN GERARD Chief Executive Officer |
SELL | 24.00K | $461.42K | Direct |
| Sep 11, 26 | DONEGAL MUTUAL INSURANCE COMPANY Beneficial Owner of more than 10% of a Class of Security |
BUY | 54.73K | $1.05M | Direct |
| Sep 11, 26 | MILLER JEFFREY DEAN Chief Financial Officer |
CONVERSION | 21.00K | $302.19K | Direct |
| Sep 11, 26 | BURKE KEVIN GERARD Chief Executive Officer |
CONVERSION | 24.00K | $345.36K | Direct |
| Sep 10, 26 | DONEGAL MUTUAL INSURANCE COMPANY Beneficial Owner of more than 10% of a Class of Security |
BUY | 23.47K | $448.91K | Direct |
| Sep 9, 26 | BAWEL DAVID BENJAMIN Officer |
SELL | 8.33K | $160.51K | Direct |
| Sep 9, 26 | BAWEL DAVID BENJAMIN Officer |
CONVERSION | 8.33K | $119.81K | Direct |
| Sep 8, 26 | DONEGAL MUTUAL INSURANCE COMPANY Beneficial Owner of more than 10% of a Class of Security |
BUY | 16.37K | $314.84K | Direct |
| Sep 3, 26 | HUBER BARRY C Director |
SELL | 4.50K | $87.44K | Direct |
| Sep 3, 26 | VIOZZI VINCENT ANTHONY Officer |
SELL | 2.28K | $44.50K | Direct |
| Sep 3, 26 | DONEGAL MUTUAL INSURANCE COMPANY Beneficial Owner of more than 10% of a Class of Security |
BUY | 19.59K | $381.77K | Direct |
| Sep 3, 26 | HUBER BARRY C Director |
CONVERSION | 4.50K | $63.41K | Direct |
| Sep 1, 26 | DONEGAL MUTUAL INSURANCE COMPANY Beneficial Owner of more than 10% of a Class of Security |
BUY | 19.26K | $369.20K | Direct |
What this is, and what it is not
These are SEC Form 4 filings — officers, directors and 10% owners reporting their own trades in the company's stock. Filing is due within two business days of the transaction, so this lags reality by days, and the provider adds its own lag on top.
A sale is not automatically bearish. Executives sell on scheduled 10b5-1 plans, to cover tax on vesting equity, and to diversify. Purchases with cash are generally the more informative signal, and they are far rarer.
This does not include congressional or senate trading. That comes from STOCK Act disclosures filed with the Senate eFD system and the House Clerk, which this data source does not carry.
Officer and director trades in their own stock, straight from Form 4 filings.
Insider holders
| Name | Relation | Shares held | Latest |
|---|---|---|---|
BAWEL DAVID BENJAMIN |
Officer | 27.75K | Sale |
BURKE KEVIN GERARD |
Chief Executive Officer | 17.21K | Sale |
DONEGAL MUTUAL INSURANCE COMPANY |
Beneficial Owner of more than 10% of a Class of Security | 14.39M | Purchase |
HESS JACK LEE |
Director | 122.13K | Stock Award(Grant) |
HUBER BARRY C |
Director | 16.57K | Sale |
KRAFT KEVIN MICHAEL SR. |
Director | 14.64K | Stock Award(Grant) |
MILLER JEFFREY DEAN |
Chief Financial Officer | 69.34K | Sale |
MOORE SEWELL TREZEVANT JR. |
Director | 27.36K | Stock Award(Grant) |
PANDEY SANJAY |
Chief Technology Officer | 34.90K | Sale |
WAGNER DANIEL J |
Officer and Treasurer | 95.38K | Sale |
Fundamentals
Market cap$678.17M
Enterprise value$659.95M
Revenue (TTM)$963.18M
Gross profit$90.51M
EBITDA$91.54M
Net income$71.09M
EPS (TTM)$1.92
Free cash flow$41.86M
Total cash$50.25M
Total debt$35.00M
Book value / share$17.94
Shares outstanding31.54M
Float17.44M
Short % of float4.91%
Dividend yield4.23%
Beta (5Y)-0.05
Valuation & profitability ratios
Trailing P/E9.52
Forward P/E9.74
PEG ratio1.38
Price / sales—
Price / book1.02
EV / revenue0.69
EV / EBITDA7.21
Gross margin9.40%
Operating margin11.56%
Profit margin7.38%
Return on equity11.18%
Return on assets2.28%
Debt / equity5.25
Current ratio0.51
Fourteen ratios including P/E, PEG, EV/EBITDA, margins and return on equity.
Financial statements
| Line item | 2025 | 2024 | 2023 | 2022 | YoY |
|---|---|---|---|---|---|
| Total revenue | $978.01M | $989.61M | $927.34M | $848.22M | -1.2% |
| Operating revenue | $978.01M | $989.61M | $927.34M | $848.22M | -1.2% |
| Net interest income | -$1.35M | -$946.02K | -$619.81K | -$620.56K | -42.8% |
| Pre-tax income | $97.59M | $62.34M | $5.06M | -$3.64M | +56.6% |
| Tax provision | $18.25M | $11.48M | $637.97K | -$1.68M | +59.0% |
| Net income | $79.34M | $50.86M | $4.43M | -$1.96M | +56.0% |
| Net income to common | $79.34M | $50.86M | $4.43M | -$1.96M | +56.0% |
| Basic EPS | 2.22 | 1.53 | 0.14 | -0.06 | +45.1% |
| Diluted EPS | 2.18 | 1.53 | 0.11 | -0.06 | +42.5% |
| EBIT | $98.94M | $63.28M | $5.68M | -$3.02M | +56.3% |
| Basic shares | 36.32M | 33.73M | 33.05M | 31.99M | +7.7% |
| Diluted shares | 36.82M | 33.82M | 33.14M | 32.11M | +8.9% |
| Line item | 2025 | 2024 | 2023 | 2022 | YoY |
|---|---|---|---|---|---|
| Cash & equivalents | $26.79M | $52.93M | $23.79M | $25.12M | -49.4% |
| Cash & short-term investments | $521.17M | $695.38M | $645.45M | $606.24M | -25.1% |
| Accounts receivable | $579.39M | $601.87M | $622.52M | $630.37M | -3.7% |
| Property, plant & equipment | $2.33M | $2.48M | $2.63M | $2.76M | -6.0% |
| Goodwill & intangibles | $6.58M | $6.58M | $6.58M | $6.58M | 0.0% |
| Total assets | $2.39B | $2.34B | $2.27B | $2.24B | +2.2% |
| Current debt | $35.00M | $35.00M | $35.00M | $35.00M | 0.0% |
| Total debt | $35.00M | $35.00M | $35.00M | $35.00M | 0.0% |
| Total liabilities | $1.75B | $1.79B | $1.79B | $1.76B | -2.5% |
| Retained earnings | $297.73M | $245.14M | $217.79M | $240.56M | +21.5% |
| Shareholder equity | $640.42M | $545.78M | $479.75M | $483.59M | +17.3% |
| Net tangible assets | $633.83M | $539.19M | $473.16M | $477.01M | +17.6% |
| Shares issued | 40.03M | 38.60M | 36.41M | 35.77M | +3.7% |
| Line item | 2025 | 2024 | 2023 | 2022 | YoY |
|---|---|---|---|---|---|
| Net income | $79.34M | $50.86M | $4.43M | -$1.96M | +56.0% |
| Depreciation & amortisation | $3.08M | $3.87M | $4.33M | $4.84M | -20.6% |
| Change in working capital | -$11.60M | $17.69M | $23.04M | $54.04M | -165.6% |
| Operating cash flow | $70.20M | $67.44M | $28.62M | $67.11M | +4.1% |
| Capital expenditure | -$425 | — | -$44.70K | — | — |
| Investing cash flow | -$91.13M | -$48.04M | -$16.71M | -$98.50M | -89.7% |
| Dividends paid | -$25.67M | -$22.70M | -$21.89M | -$20.50M | -13.1% |
| Financing cash flow | -$5.21M | $9.73M | -$13.25M | -$1.20M | -153.5% |
| Free cash flow | $70.20M | $67.44M | $28.58M | $67.11M | +4.1% |
| End cash position | $26.79M | $52.93M | $23.79M | $25.12M | -49.4% |
| Line item | 2026-06-30 | 2026-03-31 | 2025-12-31 | 2025-09-30 | 2025-06-30 | YoY |
|---|---|---|---|---|---|---|
| Total revenue | $241.12M | $236.00M | $240.14M | $245.92M | $247.15M | +2.2% |
| Operating revenue | $241.12M | $236.00M | $240.14M | $245.92M | $247.15M | +2.2% |
| Net interest income | -$336.73K | -$333.02K | -$340.43K | -$340.43K | -$336.70K | -1.1% |
| Pre-tax income | $27.55M | $14.12M | $20.96M | $25.05M | $20.42M | +95.1% |
| Tax provision | $5.24M | $2.61M | $3.77M | $4.97M | $3.56M | +100.7% |
| Net income | $22.31M | $11.51M | $17.19M | $20.08M | $16.87M | +93.8% |
| Net income to common | $22.31M | $11.51M | $17.19M | $20.08M | $16.87M | +93.8% |
| Basic EPS | 0.61 | 0.32 | 0.47 | 0.56 | 0.47 | +90.6% |
| Diluted EPS | 0.60 | 0.31 | 0.47 | 0.55 | 0.46 | +93.5% |
| EBIT | $27.88M | $14.46M | $21.30M | $25.39M | $20.76M | +92.9% |
| Basic shares | 37.05M | 37.01M | 36.79M | 36.53M | 36.25M | +0.1% |
| Diluted shares | 37.47M | 37.50M | 37.34M | 37.02M | 36.91M | -0.1% |
| Line item | 2026-06-30 | 2026-03-31 | 2025-12-31 | 2025-09-30 | 2025-06-30 | YoY |
|---|---|---|---|---|---|---|
| Cash & equivalents | $23.72M | $35.50M | $26.79M | $38.57M | $57.44M | -33.2% |
| Cash & short-term investments | $492.61M | $510.89M | $521.17M | $512.38M | $468.20M | -3.6% |
| Accounts receivable | $630.94M | $615.42M | $579.39M | $596.66M | $613.00M | +2.5% |
| Property, plant & equipment | $1.14M | $2.29M | $2.33M | $2.37M | $2.40M | -50.2% |
| Goodwill & intangibles | $6.58M | $6.58M | $6.58M | $6.58M | $6.58M | 0.0% |
| Total assets | $2.48B | $2.45B | $2.39B | $2.42B | $2.41B | +1.4% |
| Current debt | $35.00M | $35.00M | $35.00M | $35.00M | $35.00M | 0.0% |
| Total debt | $35.00M | $35.00M | $35.00M | $35.00M | $35.00M | 0.0% |
| Total liabilities | $1.82B | $1.80B | $1.75B | $1.79B | $1.80B | +0.9% |
| Retained earnings | $324.27M | $309.08M | $297.73M | $293.80M | $280.47M | +4.9% |
| Shareholder equity | $666.11M | $649.09M | $640.42M | $627.44M | $605.67M | +2.6% |
| Net tangible assets | $659.53M | $642.51M | $633.83M | $620.86M | $599.09M | +2.6% |
| Shares issued | 37.05M | 40.09M | 40.03M | 39.69M | 39.51M | -7.6% |
| Line item | 2026-06-30 | 2026-03-31 | 2025-12-31 | 2025-09-30 | 2025-06-30 | 2025-03-31 | YoY |
|---|---|---|---|---|---|---|---|
| Net income | $22.31M | $11.51M | $17.19M | $20.08M | $16.87M | — | +93.8% |
| Depreciation & amortisation | $513.75K | $857.40K | $425.30K | $717.30K | $912.48K | — | -40.1% |
| Change in working capital | -$13.65M | $7.33M | -$9.37M | $2.83M | -$4.10M | — | -286.3% |
| Operating cash flow | $5.90M | $20.17M | $9.97M | $22.35M | $12.13M | — | -70.8% |
| Capital expenditure | — | — | -$323 | -$2 | — | -$100 | — |
| Investing cash flow | -$11.22M | -$5.41M | -$20.25M | -$37.18M | -$18.78M | — | -107.3% |
| Dividends paid | -$7.03M | -$6.66M | -$6.59M | -$6.56M | -$6.49M | — | -5.7% |
| Financing cash flow | -$6.46M | -$6.04M | -$1.50M | -$4.04M | -$225.72K | — | -6.9% |
| Free cash flow | $5.90M | $20.17M | $9.97M | $22.35M | $12.13M | — | -70.8% |
| End cash position | $23.72M | $35.50M | $26.79M | $38.57M | $57.44M | — | -33.2% |
Options analytics
Put / call volume
0.00
Call-heavy session
Put / call open interest
0.33
Positioning, not flow
Max pain
17.50
-4.2% from spot
ATM implied vol
107.6%
Nearest strike to spot
Skew (10% OTM)
-9.3%
Calls bid over puts
Call volume
8
Contracts, this expiry
Put volume
0
Contracts, this expiry
Heaviest call OI
20.00
2 contracts
Heaviest put OI
17.50
1 contracts
Max pain is the strike at which the largest dollar value of open contracts expires worthless. It describes current positioning; it is not a forecast and it moves as open interest changes.
Put/call ratios, max pain, implied volatility skew and where open interest is concentrated.
Earnings
Reported vs expected · EPS
| Quarter | Est. | Actual | Surprise |
|---|---|---|---|
| Jun 2026 | 0.43 | 0.53 | +23.3% |
| Mar 2026 | 0.40 | 0.32 | -20.0% |
| Dec 2025 | 0.53 | 0.50 | -5.7% |
| Sep 2025 | 0.51 | 0.52 | +2.0% |
Forward consensus
| Period | EPS | Analysts | Revenue | Growth |
|---|---|---|---|---|
| Current quarter | 0.43 | 2 | $236.81M | -3.7% |
| Next quarter | 0.53 | 2 | $236.11M | — |
| Current year | 1.80 | 2 | $950.08M | — |
| Next year | 1.88 | 2 | $947.24M | -0.3% |
Analyst targets & ownership
Mean target$21.00
High target$22.00
Low target$20.00
Implied upside14.94%
Analyst count2
ConsensusNONE
Strong buy / Buy0 / 1
Hold1
Sell / Strong sell0 / 0
Held by insiders1.44%
Held by institutions89.57%
Institutions holding217
Price targets, consensus spread, insider and institutional ownership.
Moving averages & technicals
SMA 10
18.10
+0.92% from price
SMA 20
18.52
-1.37% from price
SMA 50
18.87
-3.16% from price
SMA 100
18.43
-0.85% from price
SMA 200
18.23
+0.20% from price
EMA 12
18.28
-0.05% from price
EMA 26
18.50
-1.25% from price
EMA 50
18.60
-1.79% from price
RSI (14)
43.9
Neutral
MACD (12,26,9)
-0.22
Hist -0.00
ATR (14)
0.37
2.02% of price
Realised vol 30D
16.9%
Annualised
Bollinger upper
19.57
20, 2σ
Bollinger lower
17.47
20, 2σ
50 / 200 cross
Golden
18.87 vs 18.23
Trend bias
Above 200
+0.20%
Options chain
Calls
| Strike | Last | Bid | Ask | Vol | OI | IV |
|---|---|---|---|---|---|---|
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
Puts
| Strike | Last | Bid | Ask | Vol | OI | IV |
|---|---|---|---|---|---|---|
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
Every listed expiry, both sides of the book, with volume, open interest and implied volatility.
Risk profile
Beta vs SPY
-0.07
Less volatile than market
Correlation to SPY
-0.04
Largely independent
Realised vol 30D
16.9%
Annualised
Market vol 1Y
13.0%
SPY, annualised
Max drawdown 1Y
-22.1%
Peak to trough
Max drawdown 5Y
-27.5%
Peak to trough
ATR 14
0.37
2.02% of price
Beta (reported)
-0.05
5Y monthly, from filing
Short interest
Shares short
845.02K
Prior 871.72K
Change vs prior
-3.1%
Shorts covering
% of float
4.91%
Normal
% of shares out
2.28%
Against total outstanding
Days to cover
7.4
Crowded exit
Float
17.44M
Freely tradeable shares
Exchanges publish short interest twice a month with a settlement lag, so this is roughly two weeks behind. Days to cover divides shares short by average daily volume — it estimates how long covering would take, not whether it will happen.
Rating changes
| Date | Firm | Action | From | To |
|---|---|---|---|---|
| Jul 8, 26 | Keefe, Bruyette & Woods | MAINTAINED | Market Perform | Market Perform |
| May 1, 26 | Keefe, Bruyette & Woods | MAINTAINED | Market Perform | Market Perform |
| Apr 7, 26 | Keefe, Bruyette & Woods | MAINTAINED | Market Perform | Market Perform |
| Feb 20, 26 | Keefe, Bruyette & Woods | MAINTAINED | Market Perform | Market Perform |
| Jan 6, 26 | Keefe, Bruyette & Woods | MAINTAINED | Market Perform | Market Perform |
| Apr 25, 25 | Keefe, Bruyette & Woods | MAINTAINED | Market Perform | Market Perform |
| Apr 9, 25 | Keefe, Bruyette & Woods | MAINTAINED | Outperform | Outperform |
| Nov 1, 17 | Keefe, Bruyette & Woods | UPGRADE | Market Perform | Outperform |
| Dec 20, 16 | Keefe, Bruyette & Woods | DOWNGRADE | Outperform | Market Perform |
| Oct 26, 15 | Keefe, Bruyette & Woods | MAINTAINED | — | Market Perform |
| Sep 23, 13 | Keefe, Bruyette & Woods | UPGRADE | Market Perform | Outperform |
Dividends & splits
Forward rate$0.77 / yr
Forward yield4.23%
5-year avg yield4.30%
Payout ratio38.54%
Ex-dividend dateJul 31, 2026
Next pay dateAug 14, 2026
Last split4:3
Split dateApr 27, 2006
SEC filings
Corporate Changes & Voting Matters
8-K · 2026-10-06
Periodic Financial Reports
10-Q · 2026-08-04
Corporate Changes & Voting Matters
8-K · 2026-07-30
Corporate Changes & Voting Matters
8-K · 2026-07-16
Corporate Changes & Voting Matters
8-K · 2026-07-07
Annual report of employee stock purchase
11-K · 2026-06-18
Corporate Changes & Voting Matters
8-K · 2026-06-17
Periodic Financial Reports
10-Q · 2026-05-07
Headlines
Donegal Group Inc. Announces Release Date for Third Quarter 2026 Results
GlobeNewswire · 24h ago
Donegal Group Inc (DGICA) (Q2 2026) Earnings Call Highlights: Strong Underwriting and ...
GuruFocus.com · 62d ago
Donegal Group Insider Sold Shares Worth $467,280, According to a Recent SEC Filing
MT Newswires · 63d ago
Donegal Group (DGICA) Surpasses Q2 Earnings Estimates
Zacks · 69d ago
Donegal: Q2 Earnings Snapshot
Associated Press · 69d ago
Donegal: Q2 Earnings Snapshot
Associated Press · 69d ago
Donegal Group Inc. Announces Second Quarter and First Half 2026 Results
GlobeNewswire · 69d ago
Earnings To Watch: Donegal Group Inc (DGICA) Q2 2026 -- GF Value Sees 27% Downside
GuruFocus.com · 70d ago
PRIVATE STRATEGY · BY QUALIFICATION
The same data. A different seat.
The research you are reading is the input layer for a discretionary options program we run for a small number of qualified investors. Minimum $1,000,000.