Donegal traded at $16.53 this Tuesday May 5th, increasing $0.21 or 1.29 percent since the previous trading session. Looking back, over the last four weeks, Donegal gained 4.12 percent. Over the last 12 months, its price fell by 16.64 percent. Looking ahead, we forecast Donegal to be priced at 16.07 by the end of this quarter and at 15.09 in one year, according to Trading Economics global macro models projections and analysts expectations.
Donegal Group Inc. (DGI) is an insurance holding company. The Company’s subsidiaries include Atlantic States Insurance Company (Atlantic States), Southern Insurance Company of Virginia (Southern), the Peninsula Insurance Group (Peninsula). The Company, through its subsidiaries offers personal and commercial lines of property and casualty insurance to businesses and individuals in 24 Mid-Atlantic, Midwestern, New England, Southern and Southwestern states. The Company operates through three segments: investment function, commercial lines of insurance and personal lines of insurance. The commercial lines products of its insurance subsidiaries consist primarily of commercial automobile, commercial multi-peril and workers’ compensation policies. The personal lines products of our insurance subsidiaries consist primarily of homeowners and private passenger automobile policies.