Donegal Group Inc - Class A chart

Last update: 2022-12-30
Key statistics and financials
Revenue per share 26.36
Dividend & Yield0.66$ (4.41%)
Beta -0.02
Market capitalization 483.97M
Operating cash flow 68.17M
ESG Scores unknown

Company description

Donegal Group Inc., an insurance holding company, provides personal and commercial lines of property and casualty insurance to businesses and individuals. It operates through three segments: Investment Function, Personal Lines of Insurance, and Commercial Lines of Insurance. The company offers private passenger automobile policies that provide protection against liability for bodily injury and property damage arising from automobile accidents, as well as protection against loss from damage to automobiles; and homeowners policies, which provide coverage for damage to residences and their contents from a range of perils, including fire, lightning, windstorm, and theft, as well as liability of the insured arising from injury to other persons or their property. It also offers commercial automobile policies that provide protection against liability for bodily injury and property damage arising from automobile accidents and protection against loss from damage to automobiles owned by the insured; commercial multi-peril policies that provide protection to businesses against combining liability and physical damage coverages; and workers' compensation policies, which provide benefits to employees for injuries sustained during employment. The company markets its insurance products primarily to Mid-Atlantic, Midwestern, New England, Southern, and Southwestern regions through approximately 2,300 independent insurance agencies. Donegal Group Inc. was incorporated in 1986 and is headquartered in Marietta, Pennsylvania.

Sector: Financial Services - Industry: Insurance—Property & Casualty

Financial Ratios
Quick Ratio0.54
Working Capital-0.03
Return On Equity0.05
Debt To Equity0.07
Fixed Asset Ratio0.12
Fixed Interest Cover34.87

Financial data

Financial Statements

Cashflow Statement 2018-12-31 2019-12-31 2020-12-31 2021-12-31
Change To Liabilities -1.11M 4.27M 27.05M 36.86M
Total Cashflows From Investing Activities -37.61M -43.38M -99.68M -62.2M
Net Borrowings 1M -25M 50M -55M
Total Cash From Financing Activities -11.41M -36.26M 52.32M -59.92M
Change To Operating Activities 93.32M 31.56M 24.36M 16.72M
Issuance Of Stock 3.25M 4.83M 19.29M 14.18M
Net Income -32.76M 47.15M 52.82M 25.25M
Change In Cash 14.76M -3.28M 53.78M -45.38M
Effect Of Exchange Rate
Total Cash From Operating Activities 63.78M 76.36M 101.13M 76.73M
Depreciation 6.61M 5.57M 6.72M 5.84M
Change To Account Receivables 3.7M -9.03M -3.86M 733.75k
Other Cashflows From Financing Activities
Change To Netincome 2.11M -22.28M -2.78M -6.48M
Capital Expenditures -105.53k -149.6k -89.7k

Income Statement 2018-12-31 2019-12-31 2020-12-31 2021-12-31
Research Development
Income Before Tax -48.24M 57.08M 63.27M 30.34M
Net Income -32.76M 47.15M 52.82M 25.25M
Selling General Administrative
Gross Profit -44.22M 60.08M 65.73M 32.46M
Ebit -44.83M 58.66M 64.47M 31.23M
Operating Income -44.83M 58.66M 64.47M 31.23M
Interest Expense -2.3M -1.58M -1.2M -895.61k
Income Tax Expense -15.48M 9.93M 10.46M 5.08M
Total Revenue 771.83M 812.45M 777.82M 816.47M
Cost Of Revenue 816.05M 752.37M 712.09M 784.01M
Total Other Income ExpenseNet -3.4M -1.58M -1.2M -895.61k
Net Income From Continuing Ops -32.76M 47.15M 52.82M 25.25M
Net Income Applicable To Common Shares -32.76M 47.15M 52.82M 25.25M

Balance Sheet Statement 2018-12-31 2019-12-31 2020-12-31 2021-12-31
Total Liabilities 1.43B 1.47B 1.64B 1.72B
Total Stockholder Equity 398.87M 451.02M 517.77M 531.04M
Other Current Liabilities 510.48M 514.31M 541.63M 595.99M
Total Assets 1.83B 1.92B 2.16B 2.26B
Common Stock 314.69k 318.53k 333.01k 344.05k
Other Current Assets 349.93M 374.09M 416.85M 463.63M
Retained Earnings 192.75M 223.27M 258.39M 263.75M
Treasury Stock -55.45M -40.72M -30.1M -37.94M
Cash 52.59M 49.32M 103.09M 57.71M
Total Current Liabilities 1.36B 1.41B 1.54B 1.68B
Other Stockholder Equity -14.23M 504.17k 11.13M 3.28M
Property, Plant, and Equipment 4.69M 4.56M 4.39M 2.96M
Total Current Assets 730.65M 745.65M 883.01M 905.15M
Net Tangible Assets 392.29M 444.43M 511.19M 524.45M
Net Receivables 176M 165.74M 172.75M 194.19M
Accounts Payable 819.55M 871.79M 965.24M 1.08B


Insider Transactions

Here are the insider transactions of stock shares related to Donegal Group Inc - Class A:

Filer Name Transaction Text Ownership Date Filer Relation Shares
DONEGAL MUTUAL INSURANCE COPurchase at price 15.30 - 15.32 per share.D2022-11-21Beneficial Owner of more than 10% of a Class of Security13.58k
DONEGAL MUTUAL INSURANCE COPurchase at price 15.29 per share.D2022-11-17Beneficial Owner of more than 10% of a Class of Security7.5k
DONEGAL MUTUAL INSURANCE COPurchase at price 15.31 - 15.37 per share.D2022-11-16Beneficial Owner of more than 10% of a Class of Security11.95k
DONEGAL MUTUAL INSURANCE COPurchase at price 15.22 - 15.40 per share.D2022-11-14Beneficial Owner of more than 10% of a Class of Security49.6k
MILLER JEFFREY DEANSale at price 15.40 per share.D2022-11-14Chief Financial Officer45k
MILLER JEFFREY DEANConversion of Exercise of derivative security at price 14.50 per share.D2022-11-14Chief Financial Officer45k
DONEGAL MUTUAL INSURANCE COPurchase at price 15.34 - 15.48 per share.D2022-11-11Beneficial Owner of more than 10% of a Class of Security19.31k
WAMPLER RICHARD D IISale at price 15.51 per share.D2022-11-10Director3.45k
WAMPLER RICHARD D IIConversion of Exercise of derivative security at price 14.50 per share.D2022-11-10Director3.45k
VIOZZI VINCENT ANTHONYSale at price 15.51 - 15.53 per share.D2022-11-10Chief Investment Officer4.72k
VIOZZI VINCENT ANTHONYConversion of Exercise of derivative security at price 14.50 per share.D2022-11-10Chief Investment Officer4.72k
DONEGAL MUTUAL INSURANCE COPurchase at price 15.45 - 15.50 per share.D2022-11-08Beneficial Owner of more than 10% of a Class of Security14.79k
VIOZZI VINCENT ANTHONYSale at price 15.52 per share.D2022-11-08Officer5.28k
VIOZZI VINCENT ANTHONYConversion of Exercise of derivative security at price 14.50 per share.D2022-11-08Officer5.28k
DONEGAL MUTUAL INSURANCE COPurchase at price 14.83 - 14.86 per share.D2022-11-04Beneficial Owner of more than 10% of a Class of Security10.87k
DONEGAL MUTUAL INSURANCE COPurchase at price 14.60 - 14.74 per share.D2022-11-02Beneficial Owner of more than 10% of a Class of Security13.76k
DONEGAL MUTUAL INSURANCE COPurchase at price 14.46 per share.D2022-09-14Beneficial Owner of more than 10% of a Class of Security10k
DONEGAL MUTUAL INSURANCE COPurchase at price 14.35 - 14.66 per share.D2022-09-13Beneficial Owner of more than 10% of a Class of Security19.57k
HESS JACK LEEPurchase at price 14.43 per share.D2022-09-13Director3k
DONEGAL MUTUAL INSURANCE COPurchase at price 14.53 - 14.63 per share.D2022-09-09Beneficial Owner of more than 10% of a Class of Security19.31k
DONEGAL MUTUAL INSURANCE COPurchase at price 14.28 - 14.53 per share.D2022-09-07Beneficial Owner of more than 10% of a Class of Security19.9k
DONEGAL MUTUAL INSURANCE COPurchase at price 14.56 per share.D2022-09-02Beneficial Owner of more than 10% of a Class of Security10k
DONEGAL MUTUAL INSURANCE COPurchase at price 14.42 - 14.53 per share.D2022-09-01Beneficial Owner of more than 10% of a Class of Security20k
DONEGAL MUTUAL INSURANCE COPurchase at price 14.64 - 14.85 per share.D2022-08-30Beneficial Owner of more than 10% of a Class of Security19.62k
DONEGAL MUTUAL INSURANCE COPurchase at price 15.00 - 15.02 per share.D2022-08-26Beneficial Owner of more than 10% of a Class of Security18.47k
DONEGAL MUTUAL INSURANCE COPurchase at price 14.91 per share.D2022-08-24Beneficial Owner of more than 10% of a Class of Security7.41k
WAGNER DANIEL JSale at price 15.41 per share.D2022-08-23Officer and Treasurer44.83k
WAGNER DANIEL JConversion of Exercise of derivative security at price 14.50 per share.D2022-08-23Officer and Treasurer44.83k
DONEGAL MUTUAL INSURANCE COPurchase at price 15.08 - 15.41 per share.D2022-08-23Beneficial Owner of more than 10% of a Class of Security80.87k
PANDEY SANJAYSale at price 15.41 per share.D2022-08-23Chief Technology Officer26.04k
PANDEY SANJAYConversion of Exercise of derivative security at price 14.50 per share.D2022-08-23Chief Technology Officer26.04k
DONEGAL MUTUAL INSURANCE COPurchase at price 15.31 - 15.49 per share.D2022-08-22Beneficial Owner of more than 10% of a Class of Security19.16k
DONEGAL MUTUAL INSURANCE COPurchase at price 15.47 - 15.48 per share.D2022-08-18Beneficial Owner of more than 10% of a Class of Security19.25k
DONEGAL MUTUAL INSURANCE COPurchase at price 15.38 per share.D2022-08-16Beneficial Owner of more than 10% of a Class of Security10k
DONEGAL MUTUAL INSURANCE COPurchase at price 15.35 per share.D2022-08-15Beneficial Owner of more than 10% of a Class of Security9.9k
DONEGAL MUTUAL INSURANCE COPurchase at price 15.07 per share.D2022-08-12Beneficial Owner of more than 10% of a Class of Security10k
DONEGAL MUTUAL INSURANCE COPurchase at price 14.76 - 14.83 per share.D2022-08-11Beneficial Owner of more than 10% of a Class of Security19.9k
DONEGAL MUTUAL INSURANCE COPurchase at price 14.65 - 14.83 per share.D2022-08-09Beneficial Owner of more than 10% of a Class of Security20k
DONEGAL MUTUAL INSURANCE COPurchase at price 14.37 per share.D2022-08-05Beneficial Owner of more than 10% of a Class of Security10k
DONEGAL MUTUAL INSURANCE COPurchase at price 14.37 per share.D2022-08-04Beneficial Owner of more than 10% of a Class of Security9.77k
DONEGAL MUTUAL INSURANCE COPurchase at price 14.44 per share.D2022-08-03Beneficial Owner of more than 10% of a Class of Security30.97k
DONEGAL MUTUAL INSURANCE COPurchase at price 14.54 per share.D2022-08-02Beneficial Owner of more than 10% of a Class of Security25.08k
DONEGAL MUTUAL INSURANCE COPurchase at price 16.11 per share.D2022-06-14Beneficial Owner of more than 10% of a Class of Security20.3k
KRAFT KEVIN MICHAEL SR.Sale at price 16.10 per share.D2022-06-14Director8.5k
KRAFT KEVIN MICHAEL SR.Conversion of Exercise of derivative security at price 14.50 per share.D2022-06-14Director8.5k
DELAMATER WILLIAM DANIELSale at price 16.06 per share.D2022-06-14Officer7.09k
DELAMATER WILLIAM DANIELConversion of Exercise of derivative security at price 14.50 per share.D2022-06-14Officer7.09k
DONEGAL MUTUAL INSURANCE COPurchase at price 16.03 - 16.27 per share.D2022-06-13Beneficial Owner of more than 10% of a Class of Security44.02k
FOLMAR WILLIAM ALBERTSale at price 16.35 per share.D2022-06-10Officer4.5k
FOLMAR WILLIAM ALBERTConversion of Exercise of derivative security at price 14.50 per share.D2022-06-10Officer4.5k
DONEGAL MUTUAL INSURANCE COPurchase at price 16.25 - 16.31 per share.D2022-06-09Beneficial Owner of more than 10% of a Class of Security24.47k

Insider transaction explanations

Insider buying is the legal purchase of shares by a senior executive or director of a company. "Filer Name" corresponds to the name of the stock buyer or seller. "Transaction Text" describes the transaction. "Ownership" gives information about the transaction type. "Date" is the reported transaction date. "Filer Relation" gives the role of the insider in the company. "Shares" is the value of the transaction. You will find the complete description of the General Transaction Codes on the SEC dedicated page


Investment strategy backtesting

These are the result of three automatic investment systems applied to Donegal Group Inc - Class A. You will find the performance of an systematic investment system, a momentum strategy, and a buy the dip trading strategy.


Systematic investment results on Donegal Group Inc - Class A

Here is the result of two systematic investment strategies applied to Donegal Group Inc - Class A. The first strategy automatically buys the first day of the month, and the second strategy buys the fifteenth day of the month.

Systematic investment equity curve on Donegal Group Inc - Class A

The following chart shows the equity curve of the two systematic investment strategies applied to Donegal Group Inc - Class A:

Donegal Group Inc - Class A automated entries

The systematic investment strategy that buys the first day of the month would give a performance of 1.19% on the backtest period.

Performance at glance

Performance

1.19 %

Latent gain

20.83 $

Invested capital

1753.05 $

Annualized return

0.29 %
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Momentum strategy results on Donegal Group Inc - Class A

This is the result of two momentum investment strategies applied to Donegal Group Inc - Class A. The first strategy uses a momentum signal calculated on one quarter, and the second uses a momentum signal calculated on two quarters.

Momentum entry openings on Donegal Group Inc - Class A

The following chart shows all the entries opened by the momentum investment system on Donegal Group Inc - Class A:

Donegal Group Inc - Class A momentum entries
  • The first momentum investment strategy would give 3.86% of return on Donegal Group Inc - Class A. That represents 222.31$ of latent gain with 5753.63$ of employed capital.
  • The second momentum investment strategy would give 3.99% of return on Donegal Group Inc - Class A. That represents 219.65$ of latent gain with 5509.11$ of employed capital.
Performance at glance (1Q Momentum)

Performance

3.86 %

Latent gain

222.31 $

Invested capital

5753.63 $

Annualized return

0.92 %
Performance at glance (2Q Momentum)

Performance

3.99 %

Latent gain

219.65 $

Invested capital

5509.11 $

Annualized return

1.1 %

Momentum equity curve on Donegal Group Inc - Class A

The following chart shows the equity curve of the two momentum strategies applied to Donegal Group Inc - Class A:

Donegal Group Inc - Class A momentum equity

Note: the dividends potentially given by Donegal Group Inc - Class A are not integrated into the calculation of the equity curve neither the performance of the strategy. The integration of the dividends will be available soon.


Employed capital on Donegal Group Inc - Class A

The following chart shows the employed capital evolution of the two momentum strategies on Donegal Group Inc - Class A since the beginning:

Donegal Group Inc - Class A

Note: the algorithm buys for a maximum of 250$ per entry. If the stock price is greater than 250$, the system buys only one stock per entry. The investment system stops automatically when the financial exposure reaches 10000$.


Buy the dip strategy result on Donegal Group Inc - Class A

Buy the dip entry openings on Donegal Group Inc - Class A

Donegal Group Inc - Class A

The performance achieved by the robo-advisor on Donegal Group Inc - Class A is 1.93%. That represents 28.97$ of latent gain with 1497.73$ of employed capital. The following chart shows Donegal Group Inc - Class A stock price with all the entries opened by the automated investment system.

Note: The blue line represents the weekly stock price of Donegal Group Inc - Class A, and the green triangles represent the entry openings. The artificall robo-advisor needs at least 100 weeks of trading history to work.

Performance at glance

Performance

1.93 %

Latent gain

28.97 $

Invested capital

1497.73 $

Annualized return

0.92 %

Equity curve of the strategy applied to Donegal Group Inc - Class A

The following chart shows the result of the investment strategy applied to Donegal Group Inc - Class A:

Donegal Group Inc - Class A

Note: the dividends potentially given by Donegal Group Inc - Class A are not integrated into the calculation of the equity curve neither the performance of the strategy. The integration of the dividends will be available soon.


Employed capital on Donegal Group Inc - Class A

The following chart shows the employed capital evolution since the beginning of the investment strategy on Donegal Group Inc - Class A:

Donegal Group Inc - Class A

Note: the algorithm buys for a maximum of 250$ per entry. If the stock price is greater than 250$, the system buys only one stock per entry. The investment system stops automatically when the financial exposure reaches 10000$.


Investment strategies comparison on Donegal Group Inc - Class A

In this section, I will compare the three previous investment strategies applied to Donegal Group Inc - Class A.

Equity curve comparison on Donegal Group Inc - Class A

The following chart shows the equity curve of the artificall advisor, the trend folowing and the automatic investment strategies:

Donegal Group Inc - Class A investment strategy comparison

Employed capital comparison on Donegal Group Inc - Class A

Donegal Group Inc - Class A investment comparison

Performance comparison on Donegal Group Inc - Class A

Strategy Latent Profit Growth Employed capital CAGR
Automatic investment 1.19% 20.83$ 1753.05$ 0.29%
Momentum 1 quarter 3.86% 222.31$ 5753.63$ 1.0%
Momentum 2 quarters 3.99% 219.65$ 5509.11$ 1.1%
Non-directional 1.93% 28.97$ 1497.73$ 0.92%
Annualized return comparison

Automatic investment

0.29 %

Momentum 1Q

1.1 %

Momentum 2Q

1.1 %

Non-directional

0.92 %

Correlated stocks

Here are the most positively and negatively correlated stocks with Donegal Group Inc - Class A:

Negative correlation

Most negatively correlated stocks this year


Most negatively correlated stocks last 3 months


Note: The algorithm computes the probability of correlation between Donegal Group Inc - Class A and the other stocks. There may be false positives or some missing correlated stocks. If the price of Donegal Group Inc - Class A does not vary for 36 weeks, the correlation calculation result will be wrong.


Company information

Company name Donegal Group Inc - Class A
Country United States
City Marietta
Address 1195 River Road
Phone 800 877 0600
Website www.donegalgroup.com
FullTime employees
Industry Insurance—Property & Casualty
Sector Financial Services
Exchange XNAS
Ticker DGICA
Market www.nasdaq.com

Donegal Group Inc - Class A ESG Scores

Environment scores

Environment ESG Factors Scores
Environment Score 0
Peer Environment Performance unknown
Environment Percentile unknown
Palm Oil unknown
Nuclear unknown
Fur Leather unknown
GMO unknown
Coal unknown
Pesticides unknown
Animal Testing unknown

Social scores

Social ESG Factors Scores
Social Score 0
Peer Social Performance unknown
Social Percentile unknown
Highest Controversy unknown
Peer Highest Controversy Performance unknown
Adult unknown
Gambling unknown
Alcoholic unknown
Tobacco unknown
Catholic unknown
Controversial Weapons unknown
Small Arms unknown
Military Contract unknown
Peer Count unknown

Related Controversy:


Governance scores

Governance ESG Factors Scores
Governance Score 0
Peer Governance Performance unknown
Governance Percentile unknown

ESG at glance
Total ESG Scores: unknown
Environment Score: 0
Social Score: 0
Governance Score: 0

ESG Performance: unknown

Peer Group: unknown

Peer Esg Score Performance: unknown

Rating Year: unknown

Rating Month: unknown

Max Age: unknown

Percentile: unknown