Hallmark Financial Services (NASDAQ:HALL) will post its quarterly earnings results after the market closes on Wednesday, August 7th. Analysts expect Hallmark Financial Services to post earnings of $0.34 per share for the quarter.
Hallmark Financial Services (NASDAQ:HALL) last issued its quarterly earnings results on Wednesday, May 8th. The insurance provider reported $0.31 EPS for the quarter, topping the consensus estimate of $0.20 by $0.11. Hallmark Financial Services had a net margin of 6.12% and a return on equity of 7.42%. The firm had revenue of $104.45 million during the quarter, compared to analyst estimates of $94.18 million. On average, analysts expect Hallmark Financial Services to post $1 EPS for the current fiscal year and $1 EPS for the next fiscal year.
HALL stock traded down $0.31 on Friday, hitting $15.19. 81,392 shares of the company were exchanged, compared to its average volume of 66,254. Hallmark Financial Services has a twelve month low of $9.48 and a twelve month high of $15.96. The company has a debt-to-equity ratio of 0.31, a current ratio of 0.49 and a quick ratio of 0.49. The company has a fifty day simple moving average of $14.43. The firm has a market cap of $276.74 million, a PE ratio of 15.04 and a beta of 0.67.
Several equities analysts recently commented on the stock. BidaskClub raised shares of Hallmark Financial Services from a “buy” rating to a “strong-buy” rating in a research report on Tuesday. ValuEngine lowered shares of Hallmark Financial Services from a “buy” rating to a “hold” rating in a research report on Thursday. Zacks Investment Research raised shares of Hallmark Financial Services from a “hold” rating to a “buy” rating and set a $17.00 price target for the company in a research report on Saturday, July 27th. Boenning Scattergood raised shares of Hallmark Financial Services from a “neutral” rating to an “outperform” rating and upped their price target for the stock from $13.00 to $14.00 in a research report on Thursday, May 9th. Finally, TheStreet raised shares of Hallmark Financial Services from a “c” rating to a “b” rating in a research report on Wednesday, May 29th. Two analysts have rated the stock with a hold rating, two have given a buy rating and one has assigned a strong buy rating to the stock. Hallmark Financial Services presently has an average rating of “Buy” and an average price target of $14.67.
About Hallmark Financial Services
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.
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