Hallmark Financial Services (HALL) to Release Earnings on Wednesday

Hallmark Financial Services (NASDAQ:HALL) will be releasing its earnings data 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 posted its earnings results on Wednesday, May 8th. The insurance provider reported $0.31 EPS for the quarter, beating the Zacks’ consensus estimate of $0.20 by $0.11. Hallmark Financial Services had a return on equity of 7.42% and a net margin of 6.12%. The firm had revenue of $104.45 million for the quarter, compared to analysts’ expectations 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.

Shares of NASDAQ:HALL traded up $0.18 during trading on Tuesday, reaching $14.79. 120 shares of the company’s stock traded hands, compared to its average volume of 72,966. Hallmark Financial Services has a fifty-two week low of $9.48 and a fifty-two week high of $15.96. The company has a current ratio of 0.49, a quick ratio of 0.49 and a debt-to-equity ratio of 0.31. The stock has a market cap of $274.75 million, a price-to-earnings ratio of 14.47 and a beta of 0.63. The stock has a 50-day simple moving average of $14.58.

A number of research analysts recently weighed in on the stock. ValuEngine lowered shares of Hallmark Financial Services from a “buy” rating to a “hold” rating in a research note on Thursday, August 1st. TheStreet raised shares of Hallmark Financial Services from a “c” rating to a “b” rating in a research note on Wednesday, May 29th. BidaskClub raised shares of Hallmark Financial Services from a “buy” rating to a “strong-buy” rating in a research note on Tuesday, July 30th. Boenning Scattergood raised shares of Hallmark Financial Services from a “neutral” rating to an “outperform” rating and raised their price target for the company from $13.00 to $14.00 in a research note on Thursday, May 9th. Finally, Zacks Investment Research raised shares of Hallmark Financial Services from a “hold” rating to a “buy” rating and set a $17.00 price target on the stock in a research note on Saturday, July 27th. Two research analysts have rated the stock with a hold rating, two have assigned a buy rating and one has issued a strong buy rating to the stock. The company has an average rating of “Buy” and a consensus price target of $14.67.

Hallmark Financial Services Company Profile

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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Earnings History for Hallmark Financial Services (NASDAQ:HALL)

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