HALL - Hallmark Financial Services Inc Stock Price, Fair Value and News

0.67USD-0.03 (-4.29%)Delayed as of 22 Apr 2024, 01:57 pm ET

Market Summary

USD0.67-0.03

Delayedas of 22 Apr 2024, 01:57 pm

-4.29%

HALL Stock Price

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HALL RSI Chart

HALL Valuation

Market Cap

1.3M

Price/Earnings (Trailing)

-0.02

Price/Sales (Trailing)

0.01

EV/EBITDA

0.81

Price/Free Cashflow

-0.01

HALL Price/Sales (Trailing)

HALL Profitability

EBT Margin

-61.03%

Return on Equity

-63.95%

Return on Assets

-7.31%

Free Cashflow Yield

-17.9K%

HALL Fundamentals

HALL Revenue

Revenue (TTM)

165.9M

Rev. Growth (Yr)

9.59%

Rev. Growth (Qtr)

-0.03%

HALL Earnings

Earnings (TTM)

-79.9M

Earnings Growth (Yr)

23.6%

Earnings Growth (Qtr)

-80.6%

Breaking Down HALL Revenue

52 Week Range

0.656.92

(Low)(High)

Last 30 days

-9.1%

Last 90 days

-18.6%

Trailing 12 Months

-88.5%

How does HALL drawdown profile look like?

HALL Financial Health

HALL Investor Care

Buy Backs (1Y)

0.00%

Diluted EPS (TTM)

-43.96

Historical Charts for Stock Metrics

Get all data in R, Python etc through our Historical Stock Data APIs

Net sales

Year	Q1	Q2	Q3	Q4
2023	157.5M	162.3M	165.9M	0
2022	247.0M	179.9M	172.7M	159.9M
2021	474.1M	445.6M	374.3M	316.8M
2020	469.3M	481.0M	479.5M	463.0M
2019	404.0M	426.8M	442.2M	486.4M
2018	381.9M	386.6M	391.8M	379.3M
2017	382.9M	385.3M	385.4M	385.5M
2016	371.0M	364.8M	368.8M	376.0M
2015	341.7M	358.1M	370.3M	372.4M
2014	383.4M	364.9M	337.7M	337.4M
2013	352.0M	366.7M	389.7M	389.4M
2012	328.3M	334.4M	336.3M	341.8M
2011	308.6M	311.5M	319.0M	322.8M
2010	0	293.7M	300.4M	307.1M
2009	0	0	0	287.0M

Get all data in R, Python etc through our Historical Stock Data APIs

Tracking the Latest Insider Buys and Sells of Hallmark Financial Services Inc

Filter Transactions

Datesorted ascending	Name	Buy/Sell	$ Value	Avg. Price	# Shares	Title
May 31, 2022	schwarz mark e	bought	-	-	-	chairman & ceo
May 31, 2022	schwarz mark e	bought	1,049	0.89	1,179	chairman & ceo
Jan 06, 2022	berlin scott t	bought	139,200	4.64	30,000	-
Aug 14, 2019	anand naveen	bought	106,490	16.383	6,500	president & ceo
Mar 13, 2019	berlin scott t	sold	-23,999	10.43	-2,301	-
Mar 13, 2019	berlin scott t	acquired	99,150	6.61	15,000	-
Mar 12, 2019	berlin scott t	sold	-26,841	10.53	-2,549	-
Mar 11, 2019	berlin scott t	sold	-51,548	10.52	-4,900	-
Mar 07, 2019	schwarz mark e	acquired	1,322,000	6.61	200,000	executive chairman
Mar 07, 2019	schwarz mark e	sold (taxes)	-1,322,000	10.31	-128,225	executive chairman

Which funds bought or sold HALL recently?

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Datesorted ascending	Fund Name	Type	% Chg	$ Change	$ Held	% Portfolio
Mar 11, 2024	VANGUARD GROUP INC	reduced	-3.18	-46,540	47,880	-%
Feb 14, 2024	GROUP ONE TRADING, L.P.	unchanged	-	-28.00	29.00	-%
Feb 14, 2024	BANK OF AMERICA CORP /DE/	unchanged	-	-458	502	-%
Feb 14, 2024	Empowered Funds, LLC	new	-	10,583	10,583	-%
Feb 14, 2024	BRIDGEWAY CAPITAL MANAGEMENT, LLC	reduced	-5.47	-21,304	20,036	-%
Feb 14, 2024	Royal Bank of Canada	sold off	-100	-	-	-%
Feb 13, 2024	BlackRock Inc.	reduced	-25.54	-26,060	16,659	-%
Feb 13, 2024	ACADIAN ASSET MANAGEMENT LLC	unchanged	-	-1,000	-	-%
Feb 13, 2024	MORGAN STANLEY	reduced	-11.09	-2,795	2,435	-%

Are Funds Buying or Selling HALL?

Are funds buying HALL calls or puts?

Calls

Puts

No. of funds holding Calls - Puts

Net Call Options

No. of funds that own HALL

No. of Funds

Unveiling Hallmark Financial Services Inc's Major ShareHolders

Date Filed	Name of Filer	Percent of Class	No. of Shares	Form Type
May 25, 2023	baird brent d	6.6%	119,324	SC 13D
Feb 08, 2022	dimensional fund advisors lp	4.8%	864,373	SC 13G/A
Feb 12, 2021	dimensional fund advisors lp	6.7%	1,207,510	SC 13G/A
Mar 30, 2020	cove street capital, llc	3.21%	580,851	SC 13G/A
Feb 13, 2020	cove street capital, llc	5.82%	1,054,181	SC 13G/A
Feb 12, 2020	dimensional fund advisors lp	8.40%	1,522,758	SC 13G/A
Feb 10, 2020	blackrock inc.	4.8%	875,476	SC 13G/A
Feb 07, 2020	blackrock inc.	5.0%	912,366	SC 13G
Feb 03, 2020	intrepid capital management inc	0%	0	SC 13G/A

Recent SEC filings of Hallmark Financial Services Inc

View All Filings

Date Filed	Form Type	Document
Jan 16, 2024	S-8 POS	Employee Benefits Plan
Jan 16, 2024	S-8 POS	Employee Benefits Plan
Jan 16, 2024	S-8 POS	Employee Benefits Plan
Jan 16, 2024	S-8 POS	Employee Benefits Plan
Jan 16, 2024	15-12G	15-12G

Peers (Alternatives to Hallmark Financial Services Inc)

Name	Mkt Capsorted ascending	Revenue	Price %, 1M	Returns, 1Y	P/E	P/S	Rev 1-Yr	Inc 1-Yr
LARGE-CAP
ARGO	1.0T	1.3B	-3.05%	3151.62%	-4.8K	761.86	-10.27%	-34.69%
AJG	51.3B	10.1B	-7.49%	13.87%	52.89	5.1	17.79%	-12.97%
AIG	50.5B	46.8B	-3.27%	41.82%	13.88	1.08	-14.05%	-64.38%
TRV	49.0B	42.9B	-4.90%	19.36%	15.61	1.14	13.52%	12.15%
AFL	48.0B	18.7B	-2.07%	25.18%	10.31	2.57	-2.30%	5.45%
ACGL	34.8B	13.6B	0.75%	28.72%	7.82	2.55	41.83%	201.02%
AFG	10.7B	7.8B	-3.82%	3.93%	12.56	1.37	11.18%	-5.12%
MID-CAP
UNM	9.8B	12.4B	-3.13%	24.50%	7.66	0.79	3.35%	-8.77%
AIZ	9.0B	11.1B	-3.74%	48.68%	14.06	0.81	9.21%	132.28%
LNC	4.7B	11.6B	-1.85%	31.29%	-6.24	0.4	-38.09%	-155.38%
AEL	4.4B	2.8B	-1.37%	46.21%	20.89	1.55	100.59%	-89.04%
SMALL-CAP
BRP	1.7B	1.2B	-8.74%	8.08%	-18.38	1.36	24.25%	-115.79%
AMSF	973.6M	306.9M	0.75%	-4.63%	15.68	3.17	4.11%	11.70%
AMBC	650.8M	269.0M	-4.95%	-5.02%	144.63	2.42	-46.68%	-99.14%
AAME	40.0M	186.8M	-29.75%	-16.24%	-233.85	0.21	-0.56%	-111.21%

Hallmark Financial Services Inc News

Latest updates

Hallmark Financial Services Inc Earnings Report: Key Takeaways & Analysis

Income Statement (Last 12 Months)

Income Statement (Quarterly)
Description	(%) Q/Q	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2019Q3	2019Q2	2019Q1	2018Q4	2018Q3
Revenue	0.0%	41,899,000	41,910,000	39,831,000	42,305,500	38,232,000	37,157,000	42,223,000	55,090,000	45,476,000	104,188,000	112,053,000	112,629,500	116,720,000	132,652,000	101,048,000	129,062,000	118,285,000	120,903,000	118,121,000	84,856,000	102,946,000
EBITDA Margin	15.6%	-0.55	-0.65	-0.91	-0.75	-0.63	-0.44	-0.11	0.00	0.01	-0.07	-0.05	-	-	-	-	-	-	-	-	-	-
Interest Expenses	5.1%	2,036,000	1,938,000	1,898,000	1,744,000	1,528,000	1,366,000	1,264,000	1,250,000	1,245,000	1,249,000	1,249,000	1,265,000	1,273,000	1,320,000	1,468,000	1,531,000	1,386,000	1,240,000	1,253,000	1,210,000	1,180,000
Income Taxes	442.9%	456,000	-133,000	-534,000	1,103,500	-1,007,000	12,450,000	-3,180,000	-4,228,000	161,000	-165,000	2,256,000	-5,546,500	-9,404,000	-1,118,000	-5,276,000	-9,128,000	1,373,000	3,455,000	3,893,000	-1,378,000	2,390,000
Earnings Before Taxes	9.6%	-16,205,000	-17,918,000	-39,780,000	-27,369,500	-30,260,000	-54,585,000	-14,857,000	-15,111,500	-1,883,000	-1,011,000	11,227,000	-13,628,500	-37,792,000	5,583,000	-69,586,000	-43,094,000	6,660,000	16,484,000	18,918,000	-6,453,000	12,075,000
EBT Margin	14.1%	-0.61	-0.71	-0.96	-0.79	-0.66	-0.48	-0.13	-0.02	-0.01	-0.09	-0.07	-	-	-	-	-	-	-	-	-	-
Net Income	-80.6%	-21,508,000	-11,909,000	-39,142,000	-7,321,000	-28,153,000	-69,417,000	-3,219,000	-2,566,500	3,445,000	-846,000	8,971,000	-8,082,000	-28,388,000	6,701,000	-64,310,000	-33,966,000	5,287,000	13,029,000	15,025,000	-5,075,000	9,685,000
Net Income Margin	9.7%	-0.48	-0.53	-0.91	-0.68	-0.60	-0.40	-0.01	0.03	0.01	-0.06	-0.04	-	-	-	-	-	-	-	-	-	-
Free Cashflow	-2334.4%	-109,134,000	-4,483,000	-59,134,000	-91,011,000	3,847,000	-17,539,000	-62,612,000	-3,858,000	18,145,000	-1,841,000	29,412,000	-	-	-	-	-	-	-	-	-	-

Balance Sheet

(In Millions)

(*) denotes actual numbers (not divided by Millions)
Balance Sheet																					(In Millions)
Description	(%) Q/Q	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2019Q3	2019Q2	2019Q1	2018Q4	2018Q3
Assets	-12.5%	1,093	1,249	1,470	1,537	1,482	1,466	1,490	1,554	1,520	1,507	1,518	1,497	1,498	1,434	1,433	1,495	1,464	1,406	1,329	1,265	1,271
Cash Equivalents	-49.7%	76.00	151	105	59.00	129	113	183	357	326	327	282	108	187	127	67.00	55.00	64.00	68.00	65.00	40.00	60.00
Goodwill	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	45.00	45.00	45.00	45.00	45.00	45.00
Liabilities	-11.0%	1,101	1,237	1,447	1,476	1,416	1,370	1,320	1,378	1,342	1,328	1,338	1,329	1,321	1,232	1,245	1,232	1,167	1,116	1,055	1,009	1,004
Shareholder's Equity	-100.0%	-	12.00	24.00	60.00	66.00	2.00	170	75.00	178	123	123	168	175	202	188	263	296	4.00	123	256	267
Retained Earnings	-24.9%	-105	-84.46	-72.55	-33.41	-26.09	2.00	71.00	75.00	77.00	78.00	78.00	66.00	75.00	103	96.00	161	195	189	176	161	166
Additional Paid-In Capital	0.0%	125	125	125	125	123	123	123	125	123	123	123	123	123	123	123	123	123	123	123	123	123
Shares Outstanding	-	-	-	2.00	-	-	-	2.00	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Float	-	-	-	-	-	-	32.00	-	-	-	58.00	-	-	-	45.00	-	-	-	184	-	-	-

Cashflow (Last 12 Months)

(In Thousands)

(*) denotes actual numbers (not divided by Thousands)
Cashflow (Quarterly)																					(In Thousands)
Description	(%) Q/Q	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2019Q3	2019Q2	2019Q1	2018Q4	2018Q3
Cashflow From Operations	-2579.5%	-109,111	-4,072	-58,896	-90,801	4,150	-16,325	-61,981	-3,580	18,449	-577	29,476	-6,432	-55,935	2,882	-9,842	4,770	16,215	8,645	-1,960	-13,952	-9,088
Share Based Compensation	-19.0%	34.00	42.00	97.00	107	-203	374	62.00	102	-	-	97.00	99.00	-	-	-581	602	-	-	57.00	115	36.00
Cashflow From Investing	-44.4%	30,498	54,815	84,843	41,107	16,937	-54,065	-107,080	30,631	-20,855	45,326	149,499	-89,614	131,812	56,698	23,791	-15,564	-40,650	-6,301	30,161	-8,678	-10,129
Cashflow From Financing	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	19,021	-	140	-343	-
Buy Backs	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	1,380	343	-

HALL Income Statement

2023-09-30

Consolidated Statements of Operations - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Sep. 30, 2023	Sep. 30, 2022	Sep. 30, 2023	Sep. 30, 2022
Consolidated Statements of Operations [Abstract]
Gross premiums written	$ 54,293	$ 52,520	$ 165,976	$ 167,857
Ceded premiums written	(10,555)	(15,902)	(35,982)	(52,532)
Net premiums written	43,738	36,618	129,994	115,325
Change in unearned premiums	(6,959)	(238)	(21,088)	(2,593)
Net premiums earned	36,779	36,380	108,906	112,732
Investment income, net of expenses	4,212	3,721	12,573	8,700
Investment gains (losses), net	144	(2,821)	(248)	(6,764)
Finance charges	836	937	2,347	2,900
Other income	(72)	15	62	45
Total revenues	41,899	38,232	123,640	117,613
Losses and loss adjustment expenses	39,473	49,141	105,989	161,168
Operating expenses	16,595	17,816	85,682	51,967
Interest expense	2,036	1,528	5,872	4,158
Amortization of intangible assets		7		21
Total expenses	58,104	68,492	197,543	217,314
Loss from continuing operations before tax	(16,205)	(30,260)	(73,903)	(99,701)
Income tax expense (benefit) from continuing operations	456	(1,007)	(211)	5,242
Net loss from continuing operations	(16,661)	(29,253)	(73,692)	(104,943)
Discontinued Operations:
(Loss) income from discontinued operations before tax	(4,847)	2,801	1,133	10,573
Income tax expense from discontinued operations		1,701		6,419
Net (loss) income from discontinued operations	(4,847)	1,100	1,133	4,154
Net loss	$ (21,508)	$ (28,153)	$ (72,559)	$ (100,789)
Net (loss) income per share basic:
Net loss from continuing operations	$ (9.16)	$ (16.08)	$ (40.53)	$ (57.72)
Net (loss) income from discontinued operations	(2.67)	0.60	0.62	2.28
Basic net loss per share	(11.83)	(15.48)	(39.91)	(55.44)
Net (loss) income per share diluted:
Net loss from continuing operations	(9.16)	(16.08)	(40.53)	(57.72)
Net (loss) income from discontinued operations	(2.67)	0.60	0.62	2.28
Diluted net loss per share	$ (11.83)	$ (15.48)	$ (39.91)	$ (55.44)

HALL Balance Sheet

2023-09-30

Consolidated Balance Sheets - USD ($) $ in Thousands	Sep. 30, 2023	Dec. 31, 2022
Investments:
Debt securities, available-for-sale, at fair value (amortized cost; $270,975 in 2023 and $434,119 in 2022; allowance for expected credit losses of $0 in 2023)	$ 267,684	$ 426,597
Equity securities (cost; $21,142 in 2023 and $30,058 in 2022)	19,759	28,199
Total investments	287,443	454,796
Cash and cash equivalents	75,667	59,133
Restricted cash	11,029	29,486
Ceded unearned premiums	30,881	237,086
Premiums receivable	54,393	78,355
Accounts receivable	2,384	10,859
Receivable from reinsurer		58,882
Receivable for securities	1,981	945
Reinsurance recoverable (net of allowance for expected credit losses of $200 in 2023)	591,936	578,424
Deferred policy acquisition costs	14,676	8
Federal income tax recoverable	86	2,668
Prepaid pension assets	277	163
Prepaid expenses	1,294	1,508
Other assets	20,875	24,389
Total assets	1,092,922	1,536,702
Liabilities:
Senior unsecured notes due 2029 (less unamortized debt issuance cost of $574 in 2023 and $648 in 2022)	49,426	49,352
Subordinated debt securities (less unamortized debt issuance cost of $653 in 2023 and $691 in 2022)	56,049	56,011
Reserves for unpaid losses and loss adjustment expenses	719,987	880,869
Unearned premiums	107,574	292,691
Reinsurance payable	76,362	128,950
Accounts payable and other accrued expenses	91,292	68,535
Total liabilities	1,100,690	1,476,408
Commitments and contingencies (Note 19)
Stockholders' equity:
Common stock, $1.00 par value, authorized 3,333,333 shares; issued 2,087,283 shares in 2023 and 2022	2,087	2,087
Additional paid-in capital	124,913	124,740
Retained (deficit) earnings	(105,454)	(33,407)
Accumulated other comprehensive loss	(4,680)	(8,492)
Treasury stock (268,801 shares in 2023 and 2022), at cost	(24,634)	(24,634)
Total stockholders' equity	(7,768)	60,294
Total liabilities and stockholders' equity	$ 1,092,922	$ 1,536,702

About Hallmark Financial Services Inc

Hallmark Financial Services, Inc. underwrites, markets, distributes, and services property/casualty insurance products to businesses and individuals in the United States. The company operates in three segments: Commercial Lines, Personal Lines, and Runoff. The Commercial Lines segment offers commercial property/casualty insurance products, including general liability, commercial automobile, commercial property, umbrella, commercial multi-peril, and business owners' insurance products, as well as aircraft and aircraft liability products. The Personal Lines segment provides personal automobile and renters insurance products and services. The Runoff segment offers senior care facilities liability insurance products and services. It markets its insurance products through independent general agents, retail agents, and specialty brokers. The company was incorporated in 1987 and is headquartered in Dallas, Texas.

CEO	Mr. Christopher James Kenney CPA
WEBSITE	hallmarkgrp.com
INDUSTRY	Insurance Property & Casualty
EMPLOYEES	257

Hallmark Financial Services Inc Frequently Asked Questions

What is the ticker symbol for Hallmark Financial Services Inc? What does HALL stand for in stocks?

HALL is the stock ticker symbol of Hallmark Financial Services Inc. Every public company that trades on a stock exchange gets a ticker symbol.

What is the market capital of Hallmark Financial Services Inc (HALL)?

As of Fri Apr 19 2024, market cap of Hallmark Financial Services Inc is 1.27 Million. The market capitalization is calculated by multiplying the stock price with the number of shares outstanding.

What is the fair value of HALL stock?

You can check HALL's fair value in chart for subscribers.

What is the fair value of HALL stock?

You can check HALL's fair value in chart for subscribers. The fair value of Hallmark Financial Services Inc is provided for various growth and macro-economic scenarios from very pessimiatic to very optimistic assumptions. These fair values are estimates from Grufity's Fair Value model based on company's past performance. However, past performance of Hallmark Financial Services Inc is no guarantee of future performance. These fairvalue estimates should only be used as one of the inputs in your stock analysis. We provide model's historical fair value estimates for HALL so that you know how good or bad the model has been in the past so you can discard it if needed. There are others that provide fair values of stocks such as wallmine, finbox, gurufocus and finviz. Most provide point in time estimates. We provide a history of our models fair value estimates so that you can get a sense of it's usefulness. Otherwise this data point is of little use.

Is Hallmark Financial Services Inc a good stock to buy?

The fair value guage provides a quick view whether HALL is over valued or under valued. Whether Hallmark Financial Services Inc is cheap or expensive depends on the assumptions which impact Hallmark Financial Services Inc's fair value. We provide several scenarios of inflation and growth to encompass these range of assumptions for HALL.

What is Hallmark Financial Services Inc's Price to Earnings (PE) and Price to sales (PS) ratio?

As of Fri Apr 19 2024, HALL's PE ratio (Price to Earnings) is -0.02 and Price to Sales (PS) ratio is 0.01. The price to earnings and price to sales ratio are two most important valuation metrics for any company. PE ratio tell us the number of years of earnings investors are ready to pay for owning the company. Historically, S&P500 price to earnings ratio has fallen below 12 during periods of gloom and gone past 30 during periods of euphoria. HALL PE ratio will change depending on the future growth rate expectations of investors.

What is 5 year return on Hallmark Financial Services Inc's stock?

In the past 10 years, Hallmark Financial Services Inc has provided -0.381 (multiply by 100 for percentage) rate of return.