NASDAQ:HALL - Hallmark Financial Services Stock Price, Forecast & News

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

Hallmark Financial Services, Inc. (NASDAQ:HALL) posted its quarterly earnings results on Thursday, November, 7th. The insurance provider reported $0.35 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $0.33 by $0.02. The insurance provider had revenue of $117.85 million for the quarter, compared to the consensus estimate of $117.45 million. Hallmark Financial Services had a return on equity of 8.85% and a net margin of 6.39%. View Hallmark Financial Services' Earnings History.

Hallmark Financial Services is scheduled to release their next quarterly earnings announcement on Tuesday, March 3rd 2020. View Earnings Estimates for Hallmark Financial Services.

2 brokerages have issued 12 month price targets for Hallmark Financial Services' shares. Their forecasts range from $14.00 to $18.00. On average, they expect Hallmark Financial Services' share price to reach $16.00 in the next twelve months. This suggests that the stock has a possible downside of 4.5%. View Analyst Price Targets for Hallmark Financial Services.

2 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Hallmark Financial Services in the last year. There are currently 2 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for Hallmark Financial Services.

News stories about HALL stock have trended very negative on Monday, InfoTrie Sentiment reports. InfoTrie ranks the sentiment of news coverage by monitoring more than six thousand news and blog sources in real time. The firm ranks coverage of publicly-traded companies on a scale of -5 to 5, with scores closest to five being the most favorable. Hallmark Financial Services earned a coverage optimism score of -3.0 on InfoTrie's scale. They also gave media coverage about the insurance provider a news buzz of 0.0 out of 10, indicating that recent news coverage is extremely unlikely to have an effect on the stock's share price in the next few days. View News Stories for Hallmark Financial Services.

Hallmark Financial Services saw a decrease in short interest during the month of January. As of January 31st, there was short interest totalling 155,700 shares, a decrease of 15.1% from the January 15th total of 183,400 shares. Based on an average daily volume of 92,200 shares, the days-to-cover ratio is presently 1.7 days. Approximately 0.9% of the company's stock are short sold. View Hallmark Financial Services' Current Options Chain.

Some companies that are related to Hallmark Financial Services include Berkshire Hathaway (BRK.B), Progressive (PGR), Allstate (ALL), Travelers Companies (TRV), Arch Capital Group (ACGL), Markel (MKL), Cincinnati Financial (CINF), W. R. Berkley (WRB), Cna Financial (CNA), Fidelity National Financial (FNF), Erie Indemnity (ERIE), First American Financial (FAF), Old Republic International (ORI), Hanover Insurance Group (THG) and Axis Capital (AXS).

Based on aggregate information from My MarketBeat watchlists, some companies that other Hallmark Financial Services investors own include AT&T (T), Advanced Micro Devices (AMD), Pfizer (PFE), Visa (V), Verizon Communications (VZ), CVS Health (CVS), Ford Motor (F), Johnson & Johnson (JNJ), Altria Group (MO) and Marathon Petroleum (MPC).

Hallmark Financial Services' stock is owned by many different of retail and institutional investors. Top institutional shareholders include Cove Street Capital LLC (5.82%), Russell Investments Group Ltd. (4.74%), Fenimore Asset Management Inc. (3.25%), Bank of Montreal Can (2.87%), Renaissance Technologies LLC (2.85%) and AJO LP (1.60%). Company insiders that own Hallmark Financial Services stock include James H Graves, Jeffrey R Passmore, Naveen Anand and Scott T Berlin. View Institutional Ownership Trends for Hallmark Financial Services.

HALL stock was sold by a variety of institutional investors in the last quarter, including Bank of America Corp DE, EAM Investors LLC, EAM Global Investors LLC, Cove Street Capital LLC, Renaissance Technologies LLC, AXA, California Public Employees Retirement System and Bowling Portfolio Management LLC. View Insider Buying and Selling for Hallmark Financial Services.

HALL stock was bought by a variety of institutional investors in the last quarter, including AQR Capital Management LLC, Jacobs Levy Equity Management Inc., Russell Investments Group Ltd., Acadian Asset Management LLC, Mackay Shields LLC, Bank of New York Mellon Corp, Hodges Capital Management Inc. and UBS Group AG. View Insider Buying and Selling for Hallmark Financial Services.

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

One share of HALL stock can currently be purchased for approximately $16.75.

Hallmark Financial Services has a market capitalization of $303.56 million and generates $379.27 million in revenue each year. The insurance provider earns $10.35 million in net income (profit) each year or $1.01 on an earnings per share basis. Hallmark Financial Services employs 439 workers across the globe.View Additional Information About Hallmark Financial Services.

The official website for Hallmark Financial Services is http://www.hallmarkgrp.com/.

Hallmark Financial Services' mailing address is 777 MAIN STREET SUITE 1000, FORT WORTH TX, 76102. The insurance provider can be reached via phone at 817-348-1600 or via email at [email protected]