Hallmark Financial Services (HALL) Stock Forecast, Price & News

Hallmark Financial Services' stock was trading at $58.41 at the beginning of the year. Since then, HALL shares have decreased by 96.7% and is now trading at $1.90.
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Hallmark Financial Services saw a increase in short interest in the month of August. As of August 31st, there was short interest totaling 20,600 shares, an increase of 123.9% from the August 15th total of 9,200 shares. Based on an average trading volume of 11,400 shares, the short-interest ratio is presently 1.8 days. Approximately 1.7% of the shares of the company are sold short.
View Hallmark Financial Services' Short Interest.

The company is scheduled to release its next quarterly earnings announcement on Monday, November 13th 2023.
View our HALL earnings forecast.

Hallmark Financial Services, Inc. (NASDAQ:HALL) announced its earnings results on Monday, August, 14th. The insurance provider reported ($6.83) EPS for the quarter. The insurance provider had revenue of $40.93 million for the quarter. Hallmark Financial Services had a negative net margin of 53.32% and a negative trailing twelve-month return on equity of 135.49%.

Shares of Hallmark Financial Services reverse split before market open on Tuesday, January 3rd 2023. The 1-10 reverse split was announced on Tuesday, January 3rd 2023. The number of shares owned by shareholders was adjusted after the closing bell on Tuesday, January 3rd 2023. An investor that had 100 shares of stock prior to the reverse split would have 10 shares after the split.

Based on aggregate information from My MarketBeat watchlists, some companies that other Hallmark Financial Services investors own include Advanced Micro Devices (AMD), Carnival Co. & (CCL), Alto Ingredients (PEIX), Delta Air Lines (DAL), Energy Transfer (ET), Gulfport Energy (GPOR), Rosehill Resources (ROSE), Whiting Petroleum (WLL), Permian Resources (CDEV) and CVS Health (CVS).

Hallmark Financial Services trades on the NASDAQ under the ticker symbol "HALL."

Hallmark Financial Services' stock is owned by a variety of retail and institutional investors. Top institutional investors include BlackRock Inc. (1.22%). Insiders that own company stock include Mark E Schwarz and Specialty Insurance C Hallmark.
View institutional ownership trends.

Shares of HALL stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
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One share of HALL stock can currently be purchased for approximately $1.90.

Hallmark Financial Services (NASDAQ:HALL) has a market capitalization of $3.46 million and generates $286.99 million in revenue each year. The insurance provider earns $-108,110,000.00 in net income (profit) each year or ($47.60) on an earnings per share basis.

The company employs 257 workers across the globe.

Hallmark Financial Services' mailing address is 5420 Lyndon B. Johnson Freeway Suite 1100, Dallas TX, 75240. The official website for the company is www.hallmarkgrp.com. The insurance provider can be reached via phone at (817) 348-1600, via email at investorinfo@hallmarkgrp.com, or via fax at 817-348-1815.