Donegal Group Inc. will announce Q4 and full-year 2024 results on February 20, 2025, with a management webcast.
Quiver AI Summary
Donegal Group Inc. announced that it will release its fourth quarter and full-year financial results for 2024 on February 20, 2025, before the market opens. The company will also provide a supplemental investor presentation on its website at the same time. A pre-recorded audio webcast featuring management will be available at 8:30 a.m. ET, followed by a question and answer session for investors. Questions can be submitted via email until February 13, 2025. Donegal Group Inc. is an insurance holding company operating in various regions of the U.S., offering property and casualty insurance and focusing on financial performance and operational modernization.
Potential Positives
- Donegal Group Inc. is set to release its fourth quarter and full-year results on February 20, 2025, indicating transparency and timely communication with investors.
- The company will provide a supplemental investor presentation alongside its earnings release, enhancing accessibility to important financial information for stakeholders.
- A pre-recorded audio webcast featuring key management will offer insights into company performance and strategy, promoting engagement with investors.
- The Donegal Insurance Group maintains an A.M. Best rating of A (Excellent), reflecting strong financial stability and trustworthiness in the insurance market.
Potential Negatives
- The press release does not provide any financial performance highlights or projections for the upcoming earnings release, which may indicate a lack of confidence in their results.
- The announcement of a pre-recorded management commentary and Q&A session may suggest that the company is not prepared for live questions, potentially reflecting a lack of transparency or readiness in addressing investor concerns.
- The timing of the earnings release before market opening could create uncertainty among investors, as it may lead to quick reactions in stock price based on the results before they have time to fully analyze them.
FAQ
When will Donegal Group Inc. release its fourth quarter results?
Donegal Group Inc. will release its fourth quarter and full-year results on February 20, 2025, before the market opens.
Where can I find the supplemental investor presentation?
The supplemental investor presentation will be available in the Investors section of Donegal Group's website at investors.donegalgroup.com.
How can I submit questions for the earnings call?
Questions for the earnings call can be submitted via e-mail to [email protected] by 5:00 pm ET on February 13, 2025.
Who will be speaking during the audio webcast?
The audio webcast will feature commentary from Kevin Burke, Jeffrey Miller, and select senior management team members.
What is Donegal Group Inc.'s A.M. Best rating?
Donegal Group Inc. has an A.M. Best rating of A (Excellent).
Disclaimer: This is an AI-generated summary of a press release distributed by GlobeNewswire. The model used to summarize this release may make mistakes. See the full release here.
$DGICA Insider Trading Activity
$DGICA insiders have traded $DGICA stock on the open market 105 times in the past 6 months. Of those trades, 69 have been purchases and 36 have been sales.
Here’s a breakdown of recent trading of $DGICA stock by insiders over the last 6 months:
- MUTUAL INSURANCE CO DONEGAL has made 68 purchases buying 1,038,258 shares for an estimated $16,483,585 and 0 sales.
- KEVIN GERARD BURKE (President & Chief Exec Officer) sold 90,000 shares for an estimated $1,500,480
- JEFFREY DEAN MILLER (EVP & Chief Financial Officer) sold 85,000 shares for an estimated $1,417,120
- DANIEL J WAGNER (Sr. VP & Treasurer) has made 0 purchases and 2 sales selling 75,000 shares for an estimated $1,209,240.
- SANJAY PANDEY (Sr. VP & Chief Info Officer) has made 0 purchases and 5 sales selling 75,000 shares for an estimated $1,204,889.
- VINCENT ANTHONY VIOZZI (Sr. VP & Chief Inv Officer) has made 0 purchases and 4 sales selling 70,700 shares for an estimated $1,131,482.
- CHRISTINA MARIE HOFFMAN (Sr. VP & Chief Risk Officer) has made 0 purchases and 2 sales selling 55,000 shares for an estimated $890,650.
- WILLIAM ALBERT FOLMAR (Sr. Vice President) has made 0 purchases and 2 sales selling 45,000 shares for an estimated $714,960.
- KRISTI SPENCER ALTSHULER (Sr. Vice President) has made 0 purchases and 4 sales selling 25,761 shares for an estimated $405,080.
- DAVID WAYNE SPONIC (Senior Vice President) has made 0 purchases and 2 sales selling 22,000 shares for an estimated $344,592.
- WILLIAM DANIEL DELAMATER (EVP & Chief Oper Officer) has made 0 purchases and 3 sales selling 20,000 shares for an estimated $320,789.
- DENNIS JOSEPH BIXENMAN has made 0 purchases and 2 sales selling 12,500 shares for an estimated $204,670.
- SEWELL TREZEVANT JR MOORE sold 12,500 shares for an estimated $202,310
- JON MARSHALL MAHAN sold 12,500 shares for an estimated $201,866
- DAVID BENJAMIN BAWEL (SVP & CHIEF ACCOUNTING OFFICER) sold 9,000 shares for an estimated $139,464
- NOLAND RONE JR DEAS (Senior Vice President) has made 0 purchases and 3 sales selling 8,433 shares for an estimated $128,661.
- BARRY C HUBER has made 0 purchases and 2 sales selling 7,000 shares for an estimated $112,169.
- JACK LEE HESS purchased 5,000 shares for an estimated $77,975
To track insider transactions, check out Quiver Quantitative's insider trading dashboard.
$DGICA Hedge Fund Activity
We have seen 41 institutional investors add shares of $DGICA stock to their portfolio, and 41 decrease their positions in their most recent quarter.
Here are some of the largest recent moves:
- MORGAN STANLEY added 97,857 shares (+56.1%) to their portfolio in Q3 2024, for an estimated $1,442,412
- VANGUARD GROUP INC removed 73,048 shares (-7.1%) from their portfolio in Q3 2024, for an estimated $1,076,727
- BRIDGEWAY CAPITAL MANAGEMENT, LLC removed 54,820 shares (-22.6%) from their portfolio in Q3 2024, for an estimated $808,046
- ACADIAN ASSET MANAGEMENT LLC added 53,820 shares (+inf%) to their portfolio in Q3 2024, for an estimated $793,306
- CONNOR, CLARK & LUNN INVESTMENT MANAGEMENT LTD. added 47,447 shares (+82.1%) to their portfolio in Q3 2024, for an estimated $699,368
- BLACKROCK, INC. removed 42,255 shares (-2.6%) from their portfolio in Q3 2024, for an estimated $622,838
- GOLDMAN SACHS GROUP INC added 29,234 shares (+53.7%) to their portfolio in Q3 2024, for an estimated $430,909
To track hedge funds' stock portfolios, check out Quiver Quantitative's institutional holdings dashboard.
Full Release
MARIETTA, Pa., Feb. 03, 2025 (GLOBE NEWSWIRE) -- Donegal Group Inc. (NASDAQ:DGICA) and (NASDAQ:DGICB) announced today that it plans to release its results for fourth quarter and full-year ended December 31, 2024, on Thursday, February 20, 2025, before the opening of regular trading on the NASDAQ Stock Market. The Company will provide a supplemental investor presentation in the Investors section of its website at investors.donegalgroup.com , concurrently with its earnings press release.
At approximately 8:30 am ET on Thursday, February, 20, 2025, the Company will make available in the Investors section of its website a pre-recorded audio webcast featuring management commentary by Kevin Burke, President and Chief Executive Officer; Jeffrey Miller, Executive Vice President and Chief Financial Officer; and select members of the senior management team. A pre-recorded question and answer session will follow formal remarks by management. Questions for consideration should be submitted via e-mail to [email protected] by 5:00 pm ET on Thursday, February 13, 2025.
About Donegal Group Inc.
Donegal Group Inc. is an insurance holding company whose insurance subsidiaries and affiliates offer property and casualty lines of insurance in 21 Mid-Atlantic, Midwestern, Southern and Southwestern states. Donegal Mutual Insurance Company and its insurance subsidiaries conduct business together with the insurance subsidiaries of Donegal Group Inc. as the Donegal Insurance Group. The Donegal Insurance Group has an A.M. Best rating of A (Excellent).
The Class A common stock and Class B common stock of Donegal Group Inc. trade on the NASDAQ Global Select Market under the symbols DGICA and DGICB, respectively. The Company is focused on several primary strategies, including achieving sustained excellent financial performance, strategically modernizing its operations and processes to transform its business, capitalizing on opportunities to grow profitably and providing superior experiences to its agents, customers and employees.
Investor Relations Contact
Karin Daly
Vice President, The Equity Group Inc.
Phone: (212) 836-9623
E-mail:
[email protected]