Donegal Group, Inc. (DGICA)
NASDAQFinancialsInsurance - Property & CasualtySnapshot 2026-11-04
$18.96-0.73%
Close 2026-11-05 · 1-day change
NASDAQFinancialsInsurance - Property & CasualtySnapshot 2026-11-04
QuarterlyIQ Insights · DGICA
What must go right, what could break, what the price assumes, and what evidence comes next.
The current health of the standing investment case.
Recent financial performance is holding in the top half of its industry — the reason to own it looks intact.
One-year growth currently built into the price, compared with our model's estimate.
| Measure | Marker shape | Value |
|---|---|---|
| Growth built into the price | circle | -32.8% |
| Our one-year growth estimate | diamond | -7.0% |
For each item: what to watch, what would become a concern, and what would make it less concerning.
A reporting-risk estimate, not a forecast of the stock-price response.
Historical relationships that met the evidence threshold. They do not prove cause or forecast a move.
No outside relationship met the current evidence threshold.
Based on historical daily prices through 2026-11-04.
Past price behavior in dollars on a $10,000 position. This does not measure permanent business risk.
How much price usually moves either way.
A larger daily loss that occurred about once in every 20 trading days.
Use the underlying financial and sector pages to investigate the cause.
Not investment advice. Scores describe historical and current data; they are not forecasts of future returns. Consult a licensed advisor before making investment decisions.
Growth built into the price is above our model estimate.
The price assumes 25.8 percentage points less one-year growth.
The one-year revenue growth assumption on Valuation.
Model as of 2026-11-04 · Compared with 25 industry peers · Company calendar date is not available
DGICA — legal / regulatory event — Changes in Registrant’s Certifying Accountant
Dated 2026-06-17
Changes in Registrant’s Certifying Accountant . (a) Dismissal of Independent Registered Public Accounting Firm On June 11, 2026, Donegal Group Inc. (the “Company”) informed KPMG LLP (“KPMG”) of its dismissal as the Company’s independent registered public accounting firm for the 2026 fiscal year, effective immediately. The change in the Company’s independent registered public accounting firm was approved by the Company’s Audit Committee. The reports of KPMG on the Company’s consolidated financ…
Why it matters: New auto customers chose 12-month policies for most Q3 policies. This doubled written premiums tied to those new policies, but the total personal auto line still shrank.
Watch forPersonal auto net premiums written grow year over year after the 12-month policy option launch.
Also watch forPersonal auto net premiums written fall at least 9.0% year over year again.
Why it matters: Q3's 96.5% ratio was better than the nine-month 97.3% rate. A rise would point to weaker underwriting results.
Worry ifQ4 2026 combined ratio is above 97.3%.
Less concerning ifQ4 2026 combined ratio is 96.5% or lower.
Why it matters: Commercial written premiums were nearly flat for the first nine months, then fell 3.7% in Q3. Growth would support management's goal of profitable premium growth.
Supportive ifCommercial lines net premiums written rise year over year in a reported quarter.
Worry ifCommercial lines net premiums written fall at least 3.7% year over year again.
Why it matters: Q3 weather losses were $19.1 million, below the $20.4 million five-year Q3 average. Higher losses can raise the combined ratio.
Worry ifQ4 losses from weather exceed $20.4 million.
Less concerning ifQ4 weather-related losses are at or below $20.4 million.
We watch for confirming and disproving signals on each item. Resolutions are found automatically where possible and checked by hand for unclear cases. Last 90 days shown.
Deepest peak-to-trough drop in the last year.
| Measure | Value | Meaning |
|---|---|---|
| Typical day | ±$79 on $10,000 · ±0.8% | How much price usually moves either way. |
| Bad day | $234 loss on $10,000 · 2.3% | A larger daily loss that occurred about once in every 20 trading days. |
| Largest peak-to-trough drop in the past year | $2,042 loss on $10,000 · 20.4% | Deepest peak-to-trough drop in the last year. |
Past year. 1.00 means similar movement; 1.20 means about 20% more.
Past year. 1.00 means similar movement to the sector. This is secondary context.
Latest 30 trading days, shown as an annual percentage.
Latest 252 trading days, shown as an annual percentage.
20-trading-day average in US dollars.
Trading days used by the source risk snapshot.
Past results, not a forecast. Not investment advice.
Why it matters: Q3 personal lines written premiums fell 5.6%. Management linked the drop to soft markets, renewal prices, and more customers leaving.
Supportive ifPersonal lines net premiums written grow year over year in a reported quarter.
Worry ifPersonal lines net premiums written fall at least 5.6% year over year again.