How to Buy Donegal Group Stock
Donegal Group Inc
Donegal Group Inc. , an insurance holding company, provides personal and commercial lines of property and casualty insurance to businesses and individuals.
Donegal Group stock last closed at $13.35, down 0.74% from the previous day, and has decreased 6.71% in one year. It has underperformed other stocks in the Insurance - Property & Casualty industry by 0.25 percentage points. Donegal Group stock is currently +1.91% from its 52-week low of $13.10, and -15.26% from its 52-week high of $15.76.
There are currently 33.39M shares of DGICA outstanding. The market cap of DGICA is $445.80M. In the past 24 hours, 44,353 DGICA shares were traded.
How to Buy Donegal Group Stock
Not sure how to invest in Donegal Group stock? Here's how.
- Figure out where to buy Donegal Group stock: You need to decide on a stock brokerage, but don't worry - we've sifted through dozens of online stock brokerages and apps to help you determine where to buy Donegal Group stock.
- Sign up for a brokerage account: Sign up for 0% commission trading with the highest-rated brokerage we've selected.
- Deposit money your investment account: Choose your method of payment and add your information.
- Evaluate Donegal Group stock: The Donegal Group ticker symbol is DGICA. Is Donegal Group stock a good investment? Should you buy shares of DGICA? How do DGICA's underlying business fundamentals look? Do top analysts think Donegal Group is a good buy? Why has DGICA's stock price moved recently? (Hint: Our stock market research website can help you decide if DGICA is a good stock to buy).
- Execute your DGICA purchase: Decide if you will purchase DGICA shares at the current market price or use a limit order to purchase DGICA stock at a given price.
- Monitor your DGICA investment: Create a watchlist to track your new investment in Donegal Group stock.
Step 1: Figure out where to buy Donegal Group stock
You will need an online brokerage account to access the NASDAQ market and buy DGICA shares.
Our recommended brokerage: eToro
Based on our research, eToro is the best stock brokerage. Here's why:
- Invest in stocks with zero commissions: Invest without paying trading commissions.
- Buy fractional shares: Even if you don't have the money to buy a full share, you can still invest in the stock.
- Access to world financial markets: From Tech to Energy, New York to Shanghai — you can fill your portfolio with stocks from the world's top stock exchanges.
- Social investing: eToro offers a community with more than 20 million users worldwide. Talk to, learn from, and copy the unique crypto portfolios of top investors.
- Security: eToro is a regulated and licensed fintech leader.
- Buy other financial assets: Such as ETFs and cryptos.
Get $10 towards your purchase of stock by creating an account with eToro now.
Open eToro AccountStep 2: Sign up for a brokerage account
Now that you've chosen your brokerage, you'll need to fill out some personal info so you are able to invest in DGICA today.
How to Start a New Investment Account on eToro
- Click here to get started.eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.
- Enter your personal data to open your new trading account.
- Send your data by clicking the "Create Account" button. Get started with eToro today
Step 3: Deposit money your investment account
Now that you have opened your account on mobile trading apps, you can securely and quickly fund your account:
Check out the tutorial below if you need help depositing funds into your investment account.
Step 4: Evaluate Donegal Group stock
After you have identified the best place to buy Donegal Group stock, it's important to research their stock before you invest, so you truly understand the risk as well as the upside.
Donegal Group stock data
DGICA Overview
WallStreetZen was designed to help part-time investors do more in-depth fundamental analysis quickly.
You can view all of the due diligence checks on DGICA's stock page.
How is DGICA stock valued?
Analysts use a variety of different financial metrics, analyses, models, and charts to gauge DGICA's true value.
Using relative valuations measures:
- DGICA could be overvalued based on its P/E ratio of 95.36x, relative to Insurance - Property & Casualty industry P/E ratio of 4.28x
- DGICA could be undervalued based on its P/B ratio of 0.93x, relative to Insurance - Property & Casualty industry P/B ratio of 2.17x
You can access more valuation research on DGICA's stock here.
A quick look at DGICA Financials
Signs that DGICA is financially healthy:
- DGICA profit margin has gone up from -0.2% to 0.5% in the past year.
- DGICA's operating cash flow of $28.62M allows it to safely service it's debt of $35.00M.
- DGICA earnings of $5.68M is not sufficient to cover its interest payments.
Signs that DGICA is not financially healthy:
- Total DGICA debt is higher than 5 years ago, relative to shareholder equity.
- DGICA has a relatively high debt to equity ratio of 3.72.
You can dive deeper into what analysts are saying on the Donegal Group stock forecast page.
DGICA Momentum
DGICA Revenue
Last year, DGICA earnings were $4.43M. Over the last four year, DGICA's earnings have grown by -46.27% per year. This was slower than the Insurance - Property & Casualty industry average of 11.5%.
Last year, DGICA revenue was $927.34M. Over the last 5 year, DGICA's revenue has gone up by 3.74% per year. This was slower than the Insurance - Property & Casualty industry average of 11.75%.
You can analyze DGICA's earnings and revenue performance here.
Are DGICA executives and large shareholders buying or selling the stock?
Over the past 12 months, insiders at DGICA have bought more shares than they have sold.
Kevin Gerard Burke, President Chief Exec Officer of DGICA, was the latest DGICA insider to buy. They bought $505.92 worth of DGICA stock on Feb 15, 2024.
Get more info about who owns DGICA stock here.
Does DGICA provide a stable income stream?
Donegal Group pays a dividend of 3.82%, compared to the Insurance - Property & Casualty industry's average dividend yield of 2.54%. If you owned $1,000 worth of DGICA stock, you would have been paid $38.20 last year.
Donegal Group dividend payments have consistently grown over the past decade and have remained stable.
Get more analysis about Donegal Group dividend yield and history here.
DGICA Social Trading Data
One of the primary reasons eToro is our highest-rated brokerage is because of its social trading community.
Click below to find out what other traders have to say.
Step 5: Execute your DGICA purchase
You have two primary options:
- Market order: A market order is an order to buy or sell a stock at the best price on the market.
Market orders are generally sufficient. - Limit order: A limit order is an order to buy or sell a stock at a specific price (or better).
If you want to ensure you're buying or selling at a specific price, use a limit order.
Click the Open Trade button and your broker will place the order.
If you want additional help with investing in stocks on eToro, click the how to video below:
Step 6: Monitor your DGICA investment
Now that you own some DGICA shares, you'll want to stay up-to-date on your investment.
Start a watchlist to get the latest updates about your DGICA stock.
DGICA Feed
How to Buy Stock in Donegal Group
To reiterate, here are the 6 steps for buying Donegal Group stock:
- Figure out where to buy Donegal Group stock
- Sign up for a brokerage account
- Deposit money your investment account
- Evaluate Donegal Group stock
- Execute your DGICA purchase
- Monitor your DGICA investment
If you are looking for a brokerage, eToro is our recommended venue.
Get Started with eToro TodayIf you want to monitor your investment in Donegal Group, create your watchlist below.
Trending "How To" Guides
FAQ
Company
AboutNewsBlogStock Investing FAQPlansPrivacy PolicyTerms of ServiceCancellation & RefundsHelp GuidesContactTwitterYouTubeNewsletterInformation is provided 'as-is' and solely for informational purposes and is not advice. WallStreetZen does not bear any responsibility for any losses or damage that may occur as a result of reliance on this data.