Hallador Energy Company (NASDAQ:HNRG) Stock Rated "Moderate Buy" by Sell-Side Brokerages

Key Points

• Hallador Energy has a “Moderate Buy” consensus rating from six analysts, with two buys, two strong buys and two sells. The average 12-month price target is $24.88.
• Hallador secured six-year agreements for its Merom Generating Station expected to produce approximately $700 million in revenue, raising its contracted forward sales book to roughly $3 billion.
• Near-term profitability remains a concern: Northland Securities lowered its EPS forecasts and now projects losses through 2028, while Hallador’s latest quarterly EPS loss of $0.32 missed the $0.12 consensus estimate.

Hallador Energy Company (NASDAQ:HNRG - Get Free Report) has received a consensus rating of "Moderate Buy" from the six ratings firms that are presently covering the stock, MarketBeat reports. Two analysts have rated the stock with a sell rating, two have assigned a buy rating and two have issued a strong buy rating on the company. The average 12 month target price among brokers that have issued ratings on the stock in the last year is $24.88.

HNRG has been the topic of several research reports. Alliance Global Partners upgraded shares of Hallador Energy to a "strong-buy" rating in a report on Friday, August 14th. Wall Street Zen cut shares of Hallador Energy from a "sell" rating to a "strong sell" rating in a research note on Saturday, August 15th. Zacks Research downgraded shares of Hallador Energy from a "hold" rating to a "strong sell" rating in a report on Wednesday, August 12th. Northland Securities set a $27.00 price target on shares of Hallador Energy in a report on Tuesday. Finally, Weiss Ratings downgraded shares of Hallador Energy from a "hold (c-)" rating to a "sell (d-)" rating in a research report on Tuesday, August 18th.

Hedge Funds Weigh In On Hallador Energy

Hedge funds and other institutional investors have recently added to or reduced their stakes in the stock. Byrne Asset Management LLC grew its position in shares of Hallador Energy by 23.5% during the 3rd quarter. Byrne Asset Management LLC now owns 9,620 shares of the energy company's stock valued at $130,000 after acquiring an additional 1,830 shares during the period. Squarepoint Ops LLC raised its holdings in Hallador Energy by 155.3% during the 2nd quarter. Squarepoint Ops LLC now owns 215,999 shares of the energy company's stock valued at $3,756,000 after acquiring an additional 131,390 shares during the period. Value Aligned Research Advisors LLC purchased a new position in shares of Hallador Energy in the second quarter valued at $5,578,000. Bank of America Corp DE purchased a new position in shares of Hallador Energy in the second quarter valued at $1,056,000. Finally, Jupiter Topco LLC bought a new stake in shares of Hallador Energy during the 2nd quarter valued at $294,000. 61.38% of the stock is owned by institutional investors and hedge funds.

More Hallador Energy News

Here are the key news stories impacting Hallador Energy this week:

• Positive Sentiment: Hallador Power executed six-year capacity and energy agreements covering the Merom Generating Station from June 2029 through May 2035. The contracts are expected to generate approximately $700 million in revenue and require no regulatory approval. Hallador Executes $700M Sale, Record Price Lifts Forward Sales to $3 Billion
• Positive Sentiment: The agreements reportedly feature record capacity pricing and lift Hallador’s contracted forward sales book to approximately $3 billion, improving long-term revenue visibility and supporting the investment case. Hallador Energy Secures Record Capacity Pricing for Merom Station
• Neutral Sentiment: A reported October short-interest figure of zero shares implies no measurable short-selling pressure, but the data appears inconsistent with the description of a “large increase” in short interest and should be treated cautiously.
• Negative Sentiment: Northland Securities cut its FY2026 EPS forecast to -$0.79 from -$0.44 and its FY2027 forecast to -$1.05 from $0.27. The firm also reduced its Q3 2026 estimate to -$0.07 from -$0.02 and Q4 2026 to -$0.20 from a prior estimate of $0.10, signaling weaker near-term profitability. Hallador Energy analyst estimates
• Negative Sentiment: The revised forecasts point to sustained losses through 2028, with Northland projecting FY2028 EPS of -$0.29. This deterioration may be weighing more heavily on the stock than the contracts’ longer-dated revenue benefits.

Hallador Energy Stock Performance

HNRG opened at $13.92 on Friday. The company has a market capitalization of $656.19 million, a price-to-earnings ratio of 696.00 and a beta of 0.45. The business's 50-day moving average price is $15.30 and its two-hundred day moving average price is $16.34. Hallador Energy has a 1 year low of $13.19 and a 1 year high of $24.70. The company has a debt-to-equity ratio of 0.21, a current ratio of 0.72 and a quick ratio of 0.24.

Hallador Energy (NASDAQ:HNRG - Get Free Report) last announced its quarterly earnings data on Monday, August 10th. The energy company reported ($0.32) EPS for the quarter, missing analysts' consensus estimates of ($0.12) by ($0.20). The business had revenue of $101.51 million during the quarter, compared to the consensus estimate of $90.33 million. Hallador Energy had a negative return on equity of 0.52% and a negative net margin of 0.20%. Equities analysts expect that Hallador Energy will post -0.47 EPS for the current fiscal year.

Hallador Energy Company Profile

Hallador Energy, Inc is an energy company focused primarily on the production and marketing of thermal coal. Through its subsidiary Sunrise Coal, the company operates mining properties in the Illinois Basin, with activities concentrated in southwestern Indiana. Its coal is sold mainly to electric utilities and other industrial customers for use in power generation.

Hallador's operations include the Oaktown and Carlisle mining complexes in Indiana, which produce coal for domestic energy markets.

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