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

$17.17
-0.39 (-2.22 %)
(As of 08/23/2019 04:00 PM ET)
Today's Range
$17.07
Now: $17.17
$17.90
50-Day Range
$14.04
MA: $15.35
$17.75
52-Week Range
$9.48
Now: $17.17
$18.10
Volume77,021 shs
Average Volume109,958 shs
Market Capitalization$311.12 million
P/E Ratio13.69
Dividend YieldN/A
Beta0.63
Hallmark Financial Services, Inc, through its subsidiaries, underwrites, markets, distributes, and services property/casualty insurance products to businesses and individuals in the United States. The company operates in the Specialty Commercial, Standard Commercial, and Personal segments. The Specialty Commercial segment markets, underwrites, finances, and services commercial lines of insurance products, including commercial automobile, general liability, commercial property, commercial excess liability, and commercial umbrella insurance products. Read More…

Industry, Sector and Symbol

Industry Insurance carriers, not elsewhere classified
Sub-IndustryProperty & Casualty Insurance
SectorFinance
Current SymbolNASDAQ:HALL
CUSIP40624Q20
Phone817-348-1600

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$379.27 million
Cash Flow$1.3187 per share
Book Value$15.98 per share

Profitability

Net Income$10.35 million

Miscellaneous

Employees439
Market Cap$311.12 million
Next Earnings Date11/6/2019 (Estimated)
OptionableOptionable

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Hallmark Financial Services (NASDAQ:HALL) Frequently Asked Questions

What is Hallmark Financial Services' stock symbol?

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

How were Hallmark Financial Services' earnings last quarter?

Hallmark Financial Services, Inc. (NASDAQ:HALL) announced its earnings results on Friday, November, 9th. The insurance provider reported $0.23 EPS for the quarter, beating the consensus estimate of $0.20 by $0.03. The insurance provider had revenue of $94.62 million for the quarter, compared to analyst estimates of $96.34 million. Hallmark Financial Services had a return on equity of 8.29% and a net margin of 7.65%. View Hallmark Financial Services' Earnings History.

When is Hallmark Financial Services' next earnings date?

Hallmark Financial Services is scheduled to release their next quarterly earnings announcement on Wednesday, November 6th 2019. View Earnings Estimates for Hallmark Financial Services.

What price target have analysts set for HALL?

2 brokerages have issued 12-month price targets for Hallmark Financial Services' shares. Their predictions 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 6.8%. View Analyst Price Targets for Hallmark Financial Services.

What is the consensus analysts' recommendation 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.

What are Wall Street analysts saying about Hallmark Financial Services stock?

Here are some recent quotes from research analysts about Hallmark Financial Services stock:
  • 1. According to Zacks Investment Research, "HALLMARK FINANCIAL and its wholly owned subsidiaries engage in the sale of property and casualty insurance products. Their business primarily involves marketing, underwriting and premium financing of non-standard automobile insurance, as well as claims adjusting and other insurance related services. " (8/14/2019)
  • 2. Boenning Scattergood analysts commented, "We are upgrading Hallmark’s rating to Outperform from Neutral. Based on our ROE expectations relative to peers, we believe Hallmark’s shares are undervalued, trading at 0.7x book versus a peer group of nine specialty insurers with a median valuation of 1.6x book. After booking reserve charges in each of the last three calendar years, Hallmark’s reserve development was flat in 4Q18 and 1Q19. Following our review of Hallmark’s Schedule P reserves and discussions with the company’s Chief Actuary, we believe reserve adequacy has improved. We continue to model modest adverse reserve development through the forecast period to be conservative, but enhancements to Hallmark’s underwriting and claims processes in recent years have begun to bear fruit." (5/9/2019)

Has Hallmark Financial Services been receiving favorable news coverage?

News stories about HALL stock have been trending positive recently, according to InfoTrie. InfoTrie identifies negative and positive press coverage by reviewing more than six thousand news and blog sources in real time. The firm ranks coverage of publicly-traded companies on a scale of negative five to five, with scores closest to five being the most favorable. Hallmark Financial Services earned a news sentiment score of 2.5 on InfoTrie's scale. They also gave news coverage about the insurance provider a news buzz of 6.0 out of 10, indicating that recent press coverage is somewhat likely to have an impact on the stock's share price in the immediate future. View News Stories for Hallmark Financial Services.

Are investors shorting Hallmark Financial Services?

Hallmark Financial Services saw a increase in short interest in the month of July. As of July 31st, there was short interest totalling 85,900 shares, an increase of 6.8% from the June 30th total of 80,400 shares. Based on an average daily trading volume, of 78,100 shares, the days-to-cover ratio is presently 1.1 days. Approximately 0.5% of the company's stock are short sold. View Hallmark Financial Services' Current Options Chain.

Who are some of Hallmark Financial Services' key competitors?

What other stocks do shareholders of Hallmark Financial Services own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Hallmark Financial Services investors own include Crius Energy Unt (KWH.UN), AT&T (T), Kratos Defense & Security Solutions (KTOS), Ford Motor (F), 22nd Century Group (XXII), FireEye (FEYE), Golar LNG Partners (GMLP), Micron Technology (MU), Anadarko Petroleum (APC) and CVS Health (CVS).

Who are Hallmark Financial Services' key executives?

Hallmark Financial Services' management team includes the folowing people:
  • Mr. Mark Edward Schwarz, Exec. Chairman (Age 59)
  • Mr. Naveen Anand, Pres & CEO (Age 52)
  • Mr. Jeffrey Ray Passmore, Sr. VP, Chief Accounting Officer, Sec. & CFO (Age 51)
  • Mr. Tarek Nghi Timol, Chief Information Officer & Head of Operations
  • Ms. Elena Banfi, VP of Group Counsel & Compliance

Who are Hallmark Financial Services' major shareholders?

Hallmark Financial Services' stock is owned by a variety of of institutional and retail investors. Top institutional investors include Vanguard Group Inc. (5.22%), BlackRock Inc. (5.20%), Russell Investments Group Ltd. (4.38%), Staley Capital Advisers Inc. (3.71%), Fenimore Asset Management Inc. (3.66%) and Bank of Montreal Can (3.36%). 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.

Which major investors are selling Hallmark Financial Services stock?

HALL stock was sold by a variety of institutional investors in the last quarter, including Intrepid Capital Management Inc., Staley Capital Advisers Inc., Hodges Capital Management Inc., Ancora Advisors LLC, Fenimore Asset Management Inc., Pacific Ridge Capital Partners LLC, Wedge Capital Management L L P NC and Bank of New York Mellon Corp. Company insiders that have sold Hallmark Financial Services company stock in the last year include James H Graves and Scott T Berlin. View Insider Buying and Selling for Hallmark Financial Services.

Which major investors are buying Hallmark Financial Services stock?

HALL stock was bought by a variety of institutional investors in the last quarter, including Vanguard Group Inc., Intrinsic Edge Capital Management LLC, BlackRock Inc., Renaissance Technologies LLC, ClariVest Asset Management LLC, Russell Investments Group Ltd., Strs Ohio and Marshall Wace LLP. View Insider Buying and Selling for Hallmark Financial Services.

How do I buy shares of 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, Scottrade, Fidelity and Charles Schwab.

What is Hallmark Financial Services' stock price today?

One share of HALL stock can currently be purchased for approximately $17.17.

How big of a company is Hallmark Financial Services?

Hallmark Financial Services has a market capitalization of $311.12 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.

What is Hallmark Financial Services' official website?

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

How can I contact Hallmark Financial Services?

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]


MarketBeat Community Rating for Hallmark Financial Services (NASDAQ HALL)

Community Ranking:  2.1 out of 5 (star star)
Outperform Votes:  176 (Vote Outperform)
Underperform Votes:  234 (Vote Underperform)
Total Votes:  410
MarketBeat's community ratings are surveys of what our community members think about Hallmark Financial Services and other stocks. Vote "Outperform" if you believe HALL will outperform the S&P 500 over the long term. Vote "Underperform" if you believe HALL will underperform the S&P 500 over the long term. You may vote once every thirty days.
This page was last updated on 8/24/2019 by MarketBeat.com Staff

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