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Donegal Group (DGICA)
NASDAQ:DGICA
Earnings Data
Report Date
Jul 24, 2025TBA Not Confirmed
Period Ending
2025 (Q2)Consensus EPS Forecast
0.39Last Year’s EPS
0.11Same Quarter Last Year
Based on 1 Analysts Ratings
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Earnings Call Summary
Earnings Call Date:Apr 24, 2025
|% Change Since: 4.31%
|Next Earnings Date:Jul 24, 2025
Earnings Call Sentiment|Positive
The earnings call demonstrated strong financial performance with record earnings, significant improvements in combined and personal lines ratios, and positive advancements in technology and investments. However, challenges such as a decrease in net premiums written and specific difficulties in workers' compensation were noted. Overall, the highlights significantly outweigh the lowlights, indicating a positive outlook.Company Guidance
During the first quarter of 2025, Donegal Group reported a substantial improvement in financial performance with net premiums earned increasing by 2.2% to $232.7 million, despite a 1.7% decrease in net premiums written. The combined ratio improved significantly to 91.6% from 102.4% in the prior year, driven by a 4.5 percentage point decrease in the core loss ratio. Weather-related losses were reduced to $8.6 million, contributing 3.7 percentage points to the loss ratio, down from $10.8 million in the previous year. Large fire losses also decreased, contributing 3.3 percentage points compared to 6.6 percentage points in 2024. Net favorable development of reserves resulted in a 4.5 percentage point reduction in the loss ratio. The expense ratio decreased modestly to 34.6%, reflecting ongoing expense reduction initiatives. Overall, the underwriting income combined with $12 million in net investment income resulted in an after-tax net income of $25.2 million, a significant increase from $6 million in the first quarter of 2024.Record Earnings
Donegal Group reported the highest quarterly earnings in its history for the first quarter of 2025, surpassing the previous record set in the fourth quarter.
Improved Combined Ratio
The combined ratio improved significantly to 91.6% in the first quarter of 2025 from 102.4% in the prior year quarter.
Significant Underwriting Profit
The underwriting income, combined with $12 million of net investment income, resulted in after-tax net income of $25.2 million, a significant increase from $6 million in the first quarter of 2024.
Personal Lines Improvement
The personal lines combined ratio improved by 16.7 percentage points to 83.6%, mainly due to a 50% reduction in large fire losses and a decrease in weather claims frequency.
Technology Advancements
Deployment of a new commercial package policy and modernization of other middle market commercial products is on track for July 2025.
Investment Performance
Net investment income increased by 9.2% to $12 million for the first quarter of 2025, with a 3.50% average tax equivalent yield.
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DGICA Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
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DGICA Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
| Apr 24, 2025 | $18.55 | $19.55 | +5.39% |
| Feb 20, 2025 | $15.17 | $15.58 | +2.70% |
| Oct 24, 2024 | $14.21 | $15.43 | +8.59% |
| Jul 25, 2024 | $13.55 | $14.31 | +5.61% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
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FAQ
When does Donegal Group (DGICA) report earnings?
Donegal Group (DGICA) is schdueled to report earning on Jul 24, 2025, TBA Not Confirmed.
What is Donegal Group (DGICA) earnings time?
Donegal Group (DGICA) earnings time is at Jul 24, 2025, TBA Not Confirmed.
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.
What companies are reporting earnings today?
You can see a list of the companies which are reporting today on TipRanks earnings calendar.
What is DGICA EPS forecast?
DGICA EPS forecast for the fiscal quarter 2025 (Q2) is 0.39.
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