Hallador Energy (HNRG) Lifted to “Hold” at ValuEngine

ValuEngine upgraded shares of Hallador Energy (NASDAQ:HNRG) from a sell rating to a hold rating in a report released on Sunday, ValuEngine reports.

Separately, Zacks Investment Research upgraded Hallador Energy from a sell rating to a hold rating in a research report on Wednesday, January 9th.

Shares of Hallador Energy stock opened at $5.08 on Friday. Hallador Energy has a one year low of $4.75 and a one year high of $7.98. The company has a market cap of $150.32 million, a P/E ratio of 20.32 and a beta of -0.05. The company has a current ratio of 1.64, a quick ratio of 1.06 and a debt-to-equity ratio of 0.61.

Hallador Energy (NASDAQ:HNRG) last announced its quarterly earnings data on Monday, March 11th. The energy company reported $0.09 EPS for the quarter, missing the Zacks’ consensus estimate of $0.10 by ($0.01). Hallador Energy had a return on equity of 2.99% and a net margin of 2.58%. The company had revenue of $89.73 million for the quarter, compared to analysts’ expectations of $89.40 million. On average, research analysts predict that Hallador Energy will post 0.42 earnings per share for the current year.

The firm also recently announced a quarterly dividend, which will be paid on Friday, May 17th. Shareholders of record on Tuesday, April 30th will be paid a dividend of $0.04 per share. The ex-dividend date of this dividend is Monday, April 29th. This represents a $0.16 annualized dividend and a yield of 3.15%. Hallador Energy’s dividend payout ratio (DPR) is 64.00%.

Hedge funds have recently bought and sold shares of the business. Tiff Advisory Services Inc. acquired a new stake in Hallador Energy during the fourth quarter worth $54,000. Stone Ridge Asset Management LLC acquired a new stake in Hallador Energy during the fourth quarter worth $56,000. Hamilton Lane Advisors LLC acquired a new stake in Hallador Energy during the first quarter worth $62,000. Millennium Management LLC acquired a new stake in Hallador Energy during the fourth quarter worth $65,000. Finally, SG Americas Securities LLC acquired a new stake in Hallador Energy during the fourth quarter worth $71,000. 48.36% of the stock is owned by institutional investors.

Hallador Energy Company Profile

Hallador Energy Company, through its subsidiaries, engages in the mining, production, and sale of steam coal for the electric power generation industry in the United States. The company holds interests in the Oaktown 1 mine underground mine located in Knox County, Indiana; the Oaktown 2 mine located in Knox County, Indiana and Lawrence County, Illinois; Carlisle underground coal mine located near the town of Carlisle, Indiana; and Ace in the Hole mine located near Clay City, Indiana.

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