Equities research analysts at StockNews.com initiated coverage on shares of Hallmark Financial Services (NASDAQ:HALL – Get Rating) in a research note issued on Wednesday. The brokerage set a “hold” rating on the insurance provider’s stock.
Hallmark Financial Services Stock Performance
Shares of NASDAQ HALL opened at $4.31 on Wednesday. The firm has a fifty day moving average price of $6.33 and a 200-day moving average price of $24.53. The company has a debt-to-equity ratio of 4.48, a current ratio of 0.62 and a quick ratio of 0.62. The stock has a market cap of $7.84 million, a PE ratio of -0.05 and a beta of 1.12. Hallmark Financial Services has a 1 year low of $2.56 and a 1 year high of $29.50.
Hallmark Financial Services (NASDAQ:HALL – Get Rating) last announced its quarterly earnings data on Tuesday, March 28th. The insurance provider reported ($16.68) earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of ($3.60) by ($13.08). The firm had revenue of $39.96 million during the quarter, compared to analysts’ expectations of $39.91 million. Hallmark Financial Services had a negative return on equity of 158.59% and a negative net margin of 71.70%. Equities analysts anticipate that Hallmark Financial Services will post -9 earnings per share for the current fiscal year.
Hedge Funds Weigh In On Hallmark Financial Services
Hallmark Financial Services Company Profile
Hallmark Financial Services, Inc is a holding company, which engages in the provision of insurance products. It operates through the following segments: Specialty Commercial, Standard Commercial, and Personal. The Specialty Commercial segment includes the commercial auto, excess and surplus (E&S) casualty, E&S property, professional liability, and aerospace and programs business units.
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