Equities research analysts at StockNews.com started coverage on shares of Hallmark Financial Services (NASDAQ:HALL – Get Rating) in a research report issued to clients and investors on Wednesday. The firm set a “hold” rating on the insurance provider’s stock.
NASDAQ HALL opened at $2.49 on Wednesday. The stock has a market capitalization of $45.29 million, a P/E ratio of -15.44 and a beta of 1.24. Hallmark Financial Services has a 1 year low of $2.31 and a 1 year high of $5.70. The business’s fifty day moving average is $2.98 and its two-hundred day moving average is $3.70. The company has a debt-to-equity ratio of 0.62, a quick ratio of 0.70 and a current ratio of 0.70.
Hallmark Financial Services (NASDAQ:HALL – Get Rating) last posted its quarterly earnings data on Thursday, May 12th. The insurance provider reported ($0.18) earnings per share for the quarter, missing the consensus estimate of $0.10 by ($0.28). Hallmark Financial Services had a negative return on equity of 3.62% and a negative net margin of 0.74%. The firm had revenue of $84.64 million for the quarter, compared to analysts’ expectations of $97.47 million. On average, research analysts forecast that Hallmark Financial Services will post -0.55 earnings per share for the current year.
About Hallmark Financial Services (Get Rating)
Hallmark Financial Services, Inc underwrites, markets, distributes, and services property/casualty insurance products to businesses and individuals in the United States. The company operates through Specialty Commercial, Standard Commercial, and Personal segments. The Specialty Commercial segment offers primary and excess commercial vehicle insurance products and services; primary and excess liability, excess public entity liability, and E&S package and garage liability insurance products and services; primary and excess commercial property insurance for catastrophe and non-catastrophe exposures; healthcare and financial lines professional liability insurance products and services primarily for businesses, medical professionals, medical facilities, and senior care facilities; and satellite launch property/casualty insurance products and services, as well as various specialty programs.
- Get a free copy of the StockNews.com research report on Hallmark Financial Services (HALL)
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