DGICA
Donegal Group Inc.20.63
+0.08+0.39%
Dec 16, 4:00:01 PM EST
Earnings Call Transcripts
This Quarter (Q1 '26)
No earnings call transcript available yet
Last Quarter (Q4 '25)
FY Q4 '25
No Q&A; reaffirms prepared script
Donegal's earnings call skipped live Q&A entirely, folding pre-submitted questions into prepared remarks that reaffirmed underwriting discipline and record $79.3M full-year net income. No contradictions surfaced to undercut the 96.3% Q4 combined ratio or plans for 2026 premium growth via agent engagement and mid-market commercial push. The call skipped live Q&A entirely. Management stayed bullish on tech migration to Guidewire Cloud by mid-2027 and lower reinsurance costs, with no hedges on loss trends or expense uptick. Investors hear echoes of the release, watching execution on growth targets.
Key Stats
Market Cap
755.92MP/E (TTM)
8.45Basic EPS (TTM)
2.44Dividend Yield
0.03%Recent Filings
10-K
FY2025 results
Donegal Group posted FY2025 net premiums earned of $921M, down 1.7% y/y amid personal lines attrition, yet commercial lines grew 2.9% y/y to $564M on retention and renewals. Q4 accelerated with GAAP combined ratio improving to 95.4% from 98.6%, driven by 61.3% loss ratio (down from 64.5%) via $10M favorable reserve development and milder weather losses; personal lines shone at 60.0% loss ratio. Margins expanded sequentially on rate hikes. Solid $53M investment income and $79M net income lifted book value to $17.33/share. Catastrophe losses remain a quarterly threat.
8-K
Q4 profits dip, full-year soar
Donegal Group reported Q4 2025 net income of $17.2M, down from $24.0M, as net premiums earned fell 4.1% to $226.9M amid higher large fire losses and expense ratio. Full-year net income surged 56% to $79.3M with combined ratio improving to 95.4% from 98.6%, lifting book value to $17.33 per share. Premiums dipped, yet profitability strengthened. Management eyes modest 2026 growth via agent incentives.
8-K
Earnings release set
Donegal Group scheduled its Q4 and full-year 2025 earnings release for February 19, 2026, before NASDAQ open, with a supplemental investor presentation on its website. Management, led by CEO Kevin Burke and CFO Jeffrey Miller, will deliver a pre-recorded webcast at 8:30 am ET, followed by Q&A—questions due by February 12. Investors await results. No figures disclosed yet.
8-K
New exec incentive plans approved
Donegal Group Inc.'s board approved Annual and Long-Term Executive Incentive Plans on December 18, 2025, tying named executive bonuses to 2026 commercial lines premium growth, statutory combined ratio targets (adjusted for catastrophes capped at $15.0 million), and operating ROE. The long-term plan spans 2026-2028 with a 25% bonus cut if annual plans miss. Joint committees hold full discretion on payouts. Retention hinges on performance hits.
8-K
Quarterly dividend declared
IPO
Website
Sector
Industry
AFG
American Financial Group, Inc.
136.35-1.10
CNA
CNA Financial Corporation
47.13-0.16
FIGP
FORGE GROUP INC
16.50+0.00
HIG
The Hartford Insurance Group, I
137.77-0.90
HRTG
Heritage Insurance Holdings, In
29.07-0.50
KNSL
Kinsale Capital Group, Inc.
385.16-7.01
SAFT
Safety Insurance Group, Inc.
78.75+0.58
SIGI
Selective Insurance Group, Inc.
83.20-0.54
THG
Hanover Insurance Group Inc
183.76-2.46
UFCS
United Fire Group, Inc
36.60-0.31