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

Hallmark Financial Services' stock was trading at $58.41 on January 1st, 2023. Since then, HALL shares have decreased by 92.6% and is now trading at $4.31.
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Hallmark Financial Services saw a decline in short interest in the month of May. As of May 15th, there was short interest totaling 7,800 shares, a decline of 25.0% from the April 30th total of 10,400 shares. Based on an average trading volume of 14,900 shares, the days-to-cover ratio is presently 0.5 days. Approximately 0.6% of the shares of the stock are sold short.
View Hallmark Financial Services' Short Interest.

The company is scheduled to release its next quarterly earnings announcement on Monday, August 21st 2023.
View our HALL earnings forecast.

Hallmark Financial Services, Inc. (NASDAQ:HALL) released its quarterly earnings results on Tuesday, March, 28th. The insurance provider reported ($16.68) EPS for the quarter, missing analysts' consensus estimates of ($3.60) by $13.08. The insurance provider earned $39.96 million during the quarter, compared to the consensus estimate of $39.91 million. Hallmark Financial Services had a negative trailing twelve-month return on equity of 158.59% and a negative net margin of 71.70%.

Hallmark Financial Services shares 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 market closes 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 institutional and retail investors. Top institutional shareholders include Dimensional Fund Advisors LP (2.47%), BlackRock Inc. (1.40%), Geode Capital Management LLC (0.84%) and Simplex Trading LLC (0.00%). 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 $4.31.

Hallmark Financial Services (NASDAQ:HALL) has a market capitalization of $7.84 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 ($79.25) on an earnings per share basis.

The company employs 406 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.