Hallmark Financial Services - HALL Stock Forecast, Price & News

Hallmark Financial Services' stock was trading at $58.41 at the start of the year. Since then, HALL stock has decreased by 89.0% and is now trading at $6.45.
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Hallmark Financial Services saw a decrease in short interest in the month of March. As of March 15th, there was short interest totaling 17,300 shares, a decrease of 35.9% from the February 28th total of 27,000 shares. Based on an average trading volume of 13,600 shares, the days-to-cover ratio is currently 1.3 days. Approximately 1.3% 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 Thursday, May 11th 2023.
View our HALL earnings forecast.

Hallmark Financial Services, Inc. (NASDAQ:HALL) announced its earnings results on Monday, November, 15th. The insurance provider reported $2.10 earnings per share (EPS) for the quarter, beating the consensus estimate of ($1.00) by $3.10. The insurance provider earned $97.88 million during the quarter, compared to analyst estimates of $95.23 million. Hallmark Financial Services had a negative trailing twelve-month return on equity of 54.88% and a negative net margin of 34.97%.

Shares of Hallmark Financial Services reverse split on the morning of 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 Simplex Trading LLC (0.00%) and Concourse Financial Group Securities Inc. (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 $6.45.

Hallmark Financial Services (NASDAQ:HALL) has a market capitalization of $11.74 million and generates $404.70 million in revenue each year. The insurance provider earns $9 million in net income (profit) each year or ($56.90) 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.