NASDAQ:HALLHallmark Financial Services Stock Price, Forecast & News

$2.33

-0.26 (-10.04 %)

(As of 05/29/2020 04:00 PM ET)

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Today's Range

$2.32

Now: $2.33▼

$2.67

50-Day Range

$2.59

MA: $3.26▼

$4.32

52-Week Range

$2.32

Now: $2.33▼

$20.30

Volume448,465 shs

Average Volume229,858 shs

Market Capitalization$42.22 million

P/E Ratio1.50

Dividend YieldN/A

Beta1.44

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. This segment also offers general aviation property/casualty insurance, such as aircraft insurance, airport liability insurance, and satellite launch and in-orbit coverage insurance products, as well as provides medical professional liability insurance products. The Standard Commercial segment offers standard commercial lines of insurance products primarily in the non-urban areas in the southwest and northwest regions of the United States. Its products include commercial automobile, general liability, umbrella, commercial property, commercial multi-peril, business owner's, and occupational accident insurance products. The Personal segment provides personal automobile and renters insurance products. The company markets its insurance products through independent general agents, retail agents, and specialty brokers. Hallmark Financial Services, Inc. was founded in 1987 and is headquartered in Fort Worth, Texas.

Beat the Market (BTM) Rank^™

3.0 Analyst's Opinion

Consensus Rating
Hallmark Financial Services has received a consensus rating of Hold. The company's average rating score is 2.00, and is based on no buy ratings, 1 hold rating, and no sell ratings.
Price Target Upside/Downside
According to analysts' consensus price target of $18.00, Hallmark Financial Services has a potential upside of 672.5% from its current price of $2.33.
Amount of Analyst Coverage
Hallmark Financial Services has only been the subject of 1 research reports in the past 90 days.

2.1 Community Rank

Outperform Votes
Hallmark Financial Services has received 202 “outperform” votes. (Add your “outperform” vote.)
Underperform Votes
Hallmark Financial Services has received 282 “underperform” votes. (Add your “underperform” vote.)
Community Sentiment
Hallmark Financial Services has received 58.26% “underperform” votes from our community.

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.

0.0 Dividend Strength

Dividend Yield
Hallmark Financial Services does not currently pay a dividend.
Dividend Growth
Hallmark Financial Services does not have a long track record of dividend growth.

1.0 Company Ownership

Insider Buying vs. Insider Selling
In the past three months, Hallmark Financial Services insiders have not sold or bought any company stock.
Percentage Held by Insiders
Only 28.60% of the stock of Hallmark Financial Services is held by insiders.
Percentage Held by Institutions
61.32% of the stock of Hallmark Financial Services is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

3.8 Earnings and Valuation

Earnings Growth
Earnings for Hallmark Financial Services are expected to grow by 50.00% in the coming year, from $0.40 to $0.60 per share.
Price to Earnings Ratio vs. the Market
The P/E ratio of Hallmark Financial Services is 1.50, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 14.98.
Price to Earnings Ratio vs. Sector
The P/E ratio of Hallmark Financial Services is 1.50, which means that it is trading at a less expensive P/E ratio than the Finance sector average P/E ratio of about 17.61.
Price to Book Value per Share Ratio
Hallmark Financial Services has a P/B Ratio of 0.16. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities.

Overall Beat the Market Rank^™

1.97 out of 5 stars

Industry, Sector and Symbol

Stock Exchange NASDAQ

Industry Insurance carriers, not elsewhere classified

Sub-IndustryProperty & Casualty Insurance

SectorFinance

Current SymbolNASDAQ:HALL

Previous Symbol

CUSIP40624Q20

CIK819913

Webwww.hallmarkgrp.com

Phone817-348-1600

Debt

Debt-to-Equity Ratio0.35

Current Ratio0.50

Quick Ratio0.50

Price-To-Earnings

Trailing P/E Ratio1.50

Forward P/E Ratio5.83

P/E GrowthN/A

Sales & Book Value

Annual Sales$379.27 million

Price / Sales0.11

Cash Flow$1.17 per share

Price / Cash Flow1.99

Book Value$14.15 per share

Price / Book0.16

Profitability

EPS (Most Recent Fiscal Year)N/A

Net Income$10.35 million

Net Margins6.39%

Return on Equity8.85%

Return on Assets1.81%

Miscellaneous

Employees439

Outstanding Shares18,120,000

Market Cap$42.22 million

Next Earnings Date6/3/2020 (Estimated)

OptionableOptionable

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Hallmark Financial Services (NASDAQ:HALL) Frequently Asked Questions

How has Hallmark Financial Services' stock been impacted by COVID-19 (Coronavirus)?

Hallmark Financial Services' stock was trading at $8.10 on March 11th, 2020 when Coronavirus reached pandemic status according to the World Health Organization (WHO). Since then, HALL shares have decreased by 71.2% and is now trading at $2.33. View which stocks have been most impacted by Coronavirus.

Do Wall Street analysts recommend investors buy shares of Hallmark Financial Services?

1 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Hallmark Financial Services in the last year. There are currently 1 hold rating for the stock, resulting in a consensus recommendation of "Hold." View analyst ratings for Hallmark Financial Services.

When is Hallmark Financial Services' next earnings date?

Hallmark Financial Services is scheduled to release its next quarterly earnings announcement on Wednesday, June 3rd 2020. View our earnings forecast for Hallmark Financial Services.

How were Hallmark Financial Services' earnings last quarter?

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

What price target have analysts set for HALL?

1 Wall Street analysts have issued 12 month target prices for Hallmark Financial Services' shares. Their forecasts range from $18.00 to $18.00. On average, they anticipate Hallmark Financial Services' share price to reach $18.00 in the next twelve months. This suggests a possible upside of 672.5% from the stock's current price. View analysts' price targets for Hallmark Financial Services.

Has Hallmark Financial Services been receiving favorable news coverage?

News headlines about HALL stock have trended extremely negative on Saturday, according to InfoTrie Sentiment. The research firm scores the sentiment of 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 coverage optimism score of -4.0 on InfoTrie's scale. They also gave media headlines about the insurance provider a news buzz of 10.0 out of 10, meaning that recent press coverage is extremely likely to have an effect on the stock's share price in the next several days. View the latest news aboutHallmark Financial Services.

Who are some of Hallmark Financial Services' key competitors?

Some companies that are related to Hallmark Financial Services include Berkshire Hathaway (BRK.B), Progressive (PGR), Allstate (ALL), Travelers Companies (TRV), Markel (MKL), Arch Capital Group (ACGL), W. R. Berkley (WRB), Cincinnati Financial (CINF), Cna Financial (CNA), Fidelity National Financial (FNF), Erie Indemnity (ERIE), First American Financial (FAF), Old Republic International (ORI), Hanover Insurance Group (THG) and RLI (RLI). View all 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 Amplify Energy (AMPY), Amplify Energy (AMPY), Gulfport Energy (GPOR), Rosehill Resources (ROSE), Advanced Micro Devices (AMD), Carnival (CCL), Centennial Resource Development (CDEV), HighPoint Resources (HPR), Marathon Oil (MRO) and Pacific Ethanol (PEIX).

Who are Hallmark Financial Services' key executives?

Hallmark Financial Services' management team includes the following 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

What is Hallmark Financial Services' stock symbol?

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

Who are Hallmark Financial Services' major shareholders?

Hallmark Financial Services' stock is owned by many different retail and institutional investors. Top institutional shareholders include BlackRock Inc. (5.07%), Russell Investments Group Ltd. (4.45%), AQR Capital Management LLC (2.32%), Jupiter Asset Management Ltd. (2.17%), AJO LP (1.43%) and Geode Capital Management LLC (1.13%). Company insiders that own Hallmark Financial Services stock include James H Graves, 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 Wells Fargo & Company MN, Russell Investments Group Ltd., Morgan Stanley, ClariVest Asset Management LLC, AJO LP, Martingale Asset Management L P, Bessemer Group Inc., and Squarepoint Ops LLC. View insider buying and selling activity for Hallmark Financial Services.

Which major investors are buying Hallmark Financial Services stock?

HALL stock was acquired by a variety of institutional investors in the last quarter, including AQR Capital Management LLC, Jupiter Asset Management Ltd., Invesco Ltd., Hodges Capital Management Inc., GSA Capital Partners LLP, Geode Capital Management LLC, WINTON GROUP Ltd, and Creative Planning. View insider buying and selling activity 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, Robinhood, Fidelity, and Charles Schwab.

What is Hallmark Financial Services' stock price today?

One share of HALL stock can currently be purchased for approximately $2.33.

How big of a company is Hallmark Financial Services?

Hallmark Financial Services has a market capitalization of $42.22 million and generates $379.27 million in revenue each year. Hallmark Financial Services employs 439 workers across the globe.

What is Hallmark Financial Services' official website?

The official website for Hallmark Financial Services is 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]

This page was last updated on 5/30/2020 by MarketBeat.com Staff