<div id="readability-page-1"><p>Shares of Donegal Group, Inc. (NASDAQ:DGICB - Get Free Report) fell 8.7% during trading on Thursday following a dissappointing earnings announcement. The stock traded as low as $18.00 and last traded at $18.0310. 377 shares were traded  during mid-day trading, a decline of 91% from the average session volume of 4,316 shares. The stock had previously closed at $19.75.</p><div><p><span></span><span>Get <strong>Donegal Group</strong> alerts:</span></p></div><p>The insurance provider reported $0.30 earnings per share for the quarter, missing analysts' consensus estimates of $0.45 by ($0.15). Donegal Group had a return on equity of 12.81% and a net margin of 8.11%.</p><h2>Donegal Group Increases Dividend</h2><p>The firm also recently disclosed a quarterly dividend, which will be paid on Friday, May 15th. Stockholders of record on Friday, May 1st will be paid a $0.175 dividend. This represents a $0.70 dividend on an annualized basis and a dividend yield of 3.9%. This is a positive change from Donegal Group's previous quarterly dividend of $0.17. The ex-dividend date of this dividend is Friday, May 1st. Donegal Group's dividend payout ratio  is currently 34.15%. </p><h2>Analyst Upgrades and Downgrades</h2><p>Separately, Weiss Ratings  reissued a &#34;hold (c)&#34; rating on shares of Donegal Group in a report on Friday, March 27th. One analyst  has rated the stock with a Hold rating,  According to data from MarketBeat.com, the stock currently has an average rating of &#34;Hold&#34;.</p><p><b>Check Out Our Latest Research Report on Donegal Group</b></p><h2>Hedge Funds Weigh In On Donegal Group</h2><p>An institutional investor recently bought a new position in Donegal Group stock. Raymond James Financial Inc. acquired a new position in shares of  Donegal Group, Inc. (NASDAQ:DGICB - Free Report) during the 2nd quarter, according to its most recent disclosure with the SEC. The institutional investor  acquired 5,231 shares of the insurance provider's stock, valued at approximately $93,000. Institutional investors and hedge funds own  1.19% of the company's stock. </p><h2>Donegal Group Stock Down 8.3%</h2><p>The business has a 50-day moving average price of $17.10 and a 200 day moving average price of $16.59. The company has a current ratio of 0.39, a quick ratio of 0.39 and a debt-to-equity ratio of 0.05. The stock has a market capitalization of $669.90 million, a P/E ratio of 8.83 and a beta of 0.04. </p><h2>Donegal Group Company Profile</h2> (Get Free Report)<p>Donegal Group Inc, an insurance holding company, provides personal and commercial lines of 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, 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.</p><h2>Further Reading</h2><ul><li>Five stocks we like better than Donegal Group</li></ul><p><em>This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.</em></p><h2>Should You Invest $1,000 in Donegal Group Right Now?</h2><p>Before you consider Donegal Group, you'll want to hear this.</p><p>MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Donegal Group wasn't on the list.</p><p>While Donegal Group currently has a Hold rating among analysts, top-rated analysts believe these five stocks are better buys.</p><p>View The Five Stocks Here</p>                  </div>

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DGICB

<p>Donegal Group (NASDAQ:DGICB) shares fell 8.7% after disappointing earnings, reporting $0.30 EPS, missing estimates of $0.45. The stock traded as low as $18.00, with a significant drop in trading volume. Despite the earnings miss, the company announced an increased quarterly dividend of $0.175, yielding 3.9%. Analysts maintain a 'Hold' rating on the stock, with institutional investors holding 1.19% of shares. Donegal Group operates in property and casualty insurance across various U.S. regions.</p>

Donegal Group (NASDAQ:DGICB) Shares Down 8.7% on Disappointing Earnings