← Back to All US Stocks

Donegal Group Inc. (DGICB) Fundamental Analysis & AI Grade 2026

DGICB Nasdaq Fire, Marine & Casualty Insurance DE CIK: 0000800457
Update Pending • Analysis: May 8, 2026 • SEC Data: 2026-03-31
Combined AI Grade
B
70% Confidence
NEUTRAL
C
68% Conf
A
72% Conf

📊 DGICB Key Takeaways

Revenue: $236.0M
Net Margin: 4.9%
Free Cash Flow: $20.0M
Current Ratio: N/A
Debt/Equity: 0.00x
EPS: $0.00
AI Grade: C with 68% confidence
Donegal Group Inc. (DGICB) receives a B fundamental grade with 70% confidence from our AI analysis based on SEC 10-K filings. With revenue of $236.0M, net profit margin of 4.9%, and return on equity (ROE) of 1.8%, Donegal Group Inc. demonstrates mixed fundamentals in the Finance sector. Below is our complete DGICB stock analysis for 2026.

Is Donegal Group Inc. (DGICB) a Good Investment?

Claude

Despite a debt-free balance sheet and positive free cash flow, Donegal Group exhibits severe fundamental weaknesses: declining revenue (-1.2% YoY) coupled with catastrophically poor capital returns (ROE 1.8%, ROA 0.5%) indicate structural issues in capital deployment efficiency. The 56% net income growth appears driven by cost management rather than organic growth, masking an underlying business contraction in an already thin-margin industry.

ChatGPT

Donegal Group shows improving fundamental performance, with net income up 56.0% year over year, solid 10.0% operating margin, and healthy 12.4% ROE despite slightly lower revenue. The balance sheet appears conservative with no meaningful leverage and positive free cash flow, suggesting earnings quality and financial resilience are improving, though top-line growth remains modest.

Donegal Group Inc. Key Strengths (DGICB)

Claude
  • + Zero long-term debt with strong interest coverage (42.4x)
  • + Positive free cash flow of $20M with 8.5% FCF margin
  • + Substantial asset base of $2.4B provides financial stability
  • + 56% net income growth YoY shows improved bottom-line management
ChatGPT
  • + Net income growth materially outpaced revenue, indicating stronger underwriting and operating efficiency
  • + Debt-free capital structure and strong interest coverage support balance sheet stability
  • + Positive operating cash flow and free cash flow show profits are being converted into cash

DGICB Stock Risks: Donegal Group Inc. Investment Risks

Claude
  • ! Revenue declining at -1.2% YoY indicating loss of market share or business contraction
  • ! ROE of 1.8% and ROA of 0.5% are unacceptably low, well below cost of capital
  • ! Net margin of 4.9% and operating margin of 6% are thin for insurance sector
  • ! 9 insider Form 4 filings in 90 days warrants monitoring for insider activity signals
  • ! Capital efficiency deterioration suggests inability to deploy equity productively
ChatGPT
  • ! Revenue declined 1.2% year over year, which may signal limited premium growth or softer business volume
  • ! Insurance earnings can be volatile if claims severity, catastrophe losses, or reserve development worsen
  • ! Cash balances are relatively modest compared with total liabilities, increasing reliance on ongoing investment and underwriting discipline

Key Metrics to Watch

Claude
  • * Revenue trend reversal (current -1.2% decline must stabilize/turn positive)
  • * Return on Equity improvement (target minimum 8-10%+ for sector)
  • * Operating margin expansion and underwriting profitability metrics
  • * Free cash flow sustainability and capital allocation decisions
ChatGPT
  • * Combined ratio and underwriting margin trend
  • * Premium growth and reserve development quality

Donegal Group Inc. (DGICB) Financial Metrics & Key Ratios

Revenue
$236.0M
Net Income
$11.5M
EPS (Diluted)
$0.00
Free Cash Flow
$20.0M
Total Assets
$2.4B
Cash Position
$35.5M

💡 AI Analyst Insight

The current ratio below 1.0x warrants monitoring of short-term liquidity.

DGICB Profit Margin, ROE & Profitability Analysis

Gross Margin N/A
Operating Margin 6.0%
Net Margin 4.9%
ROE 1.8%
ROA 0.5%
FCF Margin 8.5%

DGICB vs Finance Sector: How Donegal Group Inc. Compares

How Donegal Group Inc. compares to Finance sector averages

Net Margin
DGICB 4.9%
vs
Sector Avg 25.0%
DGICB Sector
ROE
DGICB 1.8%
vs
Sector Avg 12.0%
DGICB Sector
Current Ratio
DGICB 0.0x
vs
Sector Avg 1.2x
DGICB Sector
Debt/Equity
DGICB 0.0x
vs
Sector Avg 2.0x
DGICB Sector

Sector benchmarks are approximate industry averages. Actual sector performance may vary.

Is Donegal Group Inc. Stock Overvalued? DGICB Valuation Analysis 2026

Based on fundamental analysis, Donegal Group Inc. has mixed fundamental signals relative to the Finance sector in 2026.

Return on Equity
1.8%
Sector avg: 12%
Net Profit Margin
4.9%
Sector avg: 25%
Revenue Growth
N/A
Year-over-year
Debt/Equity
0.00x
Sector avg: 2x

Note: This is a fundamental analysis based on SEC filings. For P/E ratio, price targets, and market-based valuation, consult financial data providers. This is not investment advice.

Donegal Group Inc. Balance Sheet: DGICB Debt, Cash & Liquidity

Current Ratio
N/A
Quick Ratio
N/A
Debt/Equity
0.00x
Debt/Assets
73.5%
Interest Coverage
42.41x
Long-term Debt
N/A

DGICB Revenue & Earnings Growth: 5-Year Financial Trend

DGICB 5-year financial data: Year 2021: Revenue $816.5M, Net Income $47.2M, EPS N/A. Year 2022: Revenue $848.2M, Net Income $52.8M, EPS N/A. Year 2023: Revenue $927.3M, Net Income $25.3M, EPS N/A. Year 2024: Revenue $989.6M, Net Income -$2.0M, EPS N/A. Year 2025: Revenue $989.6M, Net Income $4.4M, EPS N/A.
Revenue
Net Income
EPS (right axis)

5-Year Trend Summary: Donegal Group Inc.'s revenue has grown significantly by 21% over the 5-year period, indicating strong business expansion.

DGICB Revenue Growth, EPS Growth & YoY Performance

Revenue Growth
N/A
Year-over-year
Net Income Growth
N/A
Year-over-year
EPS Growth
N/A
Earnings per share
FCF Margin
8.5%
Free cash flow / Revenue

DGICB Quarterly Earnings & Performance

Quarterly financial performance data for Donegal Group Inc. including revenue, net income, and earnings per share.
Quarter Revenue Net Income EPS
Q1 2026 $236.0M $11.5M N/A
Q3 2025 $245.9M $4.2M N/A
Q2 2025 $246.8M $4.2M N/A
Q1 2025 $241.1M $6.0M N/A
Q3 2024 $233.9M -$805.3K N/A
Q2 2024 $229.2M $2.0M N/A
Q1 2024 $224.7M $5.2M N/A
Q3 2023 $212.8M -$805.3K N/A

Data sourced from SEC EDGAR 10-Q quarterly filings. Figures may represent quarterly or cumulative values.

Donegal Group Inc. Dividends, Buybacks & Capital Allocation

Operating Cash Flow
$20.2M
Cash generated from operations
Stock Buybacks
$28.1M
Shares repurchased (TTM)
Capital Expenditures
$133.5K
Investment in assets
Dividends Paid
$6.7M
Returned to shareholders

DGICB SEC Filings: Latest 10-K & 10-Q Analysis

Access official SEC EDGAR filings for Donegal Group Inc. (CIK: 0000800457)

📋 Recent SEC Filings

Date Form Document Action
Jun 4, 2026 4 xslF345X06/wk-form4_1780576291.xml View →
Jun 2, 2026 4 xslF345X06/wk-form4_1780415062.xml View →
May 29, 2026 4 xslF345X06/wk-form4_1780059189.xml View →
May 28, 2026 4 xslF345X06/wk-form4_1779971059.xml View →
May 26, 2026 4 xslF345X06/wk-form4_1779821075.xml View →

Frequently Asked Questions about DGICB

What is the AI rating for DGICB?

Donegal Group Inc. (DGICB) has a Combined AI Grade of B from Claude (C) and ChatGPT (A) with 70% combined confidence, based on fundamental analysis of SEC EDGAR filings.

What are DGICB's key strengths?

Claude: Zero long-term debt with strong interest coverage (42.4x). Positive free cash flow of $20M with 8.5% FCF margin. ChatGPT: Net income growth materially outpaced revenue, indicating stronger underwriting and operating efficiency. Debt-free capital structure and strong interest coverage support balance sheet stability.

What are the risks of investing in DGICB?

Claude: Revenue declining at -1.2% YoY indicating loss of market share or business contraction. ROE of 1.8% and ROA of 0.5% are unacceptably low, well below cost of capital. ChatGPT: Revenue declined 1.2% year over year, which may signal limited premium growth or softer business volume. Insurance earnings can be volatile if claims severity, catastrophe losses, or reserve development worsen.

What is DGICB's revenue and growth?

Donegal Group Inc. reported revenue of $236.0M.

Does DGICB pay dividends?

Donegal Group Inc. pays dividends, with $6.7M distributed to shareholders in the trailing twelve months.

Where can I find DGICB SEC filings?

Official SEC filings for Donegal Group Inc. (CIK: 0000800457) including 10-K, 10-Q, and 8-K reports are available on SEC EDGAR.

What is DGICB's EPS?

Donegal Group Inc. has a diluted EPS of $0.00.

How is the AI analysis conducted?

Two independent AI systems — Claude (Anthropic) and ChatGPT (OpenAI) — analyze SEC EDGAR filings including 10-K annual reports and 10-Q quarterly reports. Each AI evaluates financial health, profitability ratios, balance sheet strength, and growth metrics. The combined grade reflects both perspectives for balanced insights.

What is DGICB's fundamental grade?

Based on our AI fundamental analysis in June 2026, Donegal Group Inc. has a B grade with 70% confidence. Review the strengths and risks sections above for full context. This is not investment advice.

Is DGICB stock overvalued or undervalued?

Valuation metrics for DGICB: ROE of 1.8% (sector avg: 12%), net margin of 4.9% (sector avg: 25%). Compare these metrics with sector averages to assess valuation.

What is DGICB's AI grade for 2026?

Our dual AI analysis gives Donegal Group Inc. a combined B grade for 2026. Revenue is data pending, with profitability at or below sector average. Always conduct your own research.

What is DGICB's free cash flow?

Donegal Group Inc.'s operating cash flow is $20.2M, with capital expenditures of $133.5K. FCF margin is 8.5%.

How does DGICB compare to other Finance stocks?

Vs Finance sector averages: Net margin 4.9% (avg: 25%), ROE 1.8% (avg: 12%), current ratio N/A (avg: 1.2).

Top Rated Stocks
AAPL 92% MSFT 92% FAST 92% ANET 88% RDDT 88% KNSL 88% MGRE 88% FIZZ 88% AVGO 87% DECK 87%
Sector: All Finance Stocks →
Disclaimer: This analysis is generated by Claude AI (Anthropic) and ChatGPT (OpenAI) based on publicly available SEC EDGAR filings. It does not include stock price data and should not be considered financial advice. All fundamental data is sourced from SEC public domain filings. Always conduct your own research and consult with a qualified financial advisor before making investment decisions.
Data Source: SEC EDGAR | Analysis Date: May 8, 2026 | Data as of: 2026-03-31 | Powered by Claude AI