Hallmark Financial Services Inc chart

Last update: 2022-12-30
Key statistics and financials
Revenue per share 19.30
Dividend & YieldN/A$ (N/A)
Beta 1.32
Market capitalization 12.18M
Operating cash flow -77.74M
ESG Scores unknown

Company description

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. The Standard Commercial segment provides package and monoline property/casualty insurance products and services. The Personal segment offers non-standard personal automobile and renters 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.

Sector: Financial Services - Industry: Insurance—Property & Casualty

Financial Ratios
Quick Ratio0.82
Working Capital-0.04
Return On Equity0.05
Debt To Equity0.6
Fixed Asset Ratio0.03
Fixed Interest Cover3.3

Financial data

Financial Statements

Cashflow Statement 2018-12-31 2019-12-31 2020-12-31 2021-12-31
Change To Liabilities 21.42M 90.86M -68.12M -36.38M
Total Cashflows From Investing Activities 7.34M -32.35M 122.69M 204.6M
Net Borrowings 20M 20M
Total Cash From Financing Activities -1.56M 19.16M
Change To Operating Activities -70.37M -8.85M 14.7M 42.27M
Issuance Of Stock 242k 1.52M
Net Income 10.35M -625k -94.35M 9M
Change In Cash -27.16M 14.48M 53.36M 248.37M
Effect Of Exchange Rate
Total Cash From Operating Activities -32.94M 27.67M -69.33M 43.77M
Depreciation 5.14M 5.37M 5.75M 3.43M
Change To Account Receivables -15.51M -31.18M 26.27M 28.76M
Other Cashflows From Financing Activities -979k -979k
Change To Netincome 8.5M -18.91M 61.98M -9.8M
Capital Expenditures -2.1M -4.19M -1.67M -1.91M

Income Statement 2018-12-31 2019-12-31 2020-12-31 2021-12-31
Research Development
Income Before Tax 12.8M -1.03M -115.77M 11.49M
Net Income 10.35M -625k -94.35M 9M
Selling General Administrative 103.42M 117.36M 123.92M 112.47M
Gross Profit 123.24M 124.21M 61.94M 129.46M
Ebit 17.35M 4.38M -64.45M 16.49M
Operating Income 17.35M 4.38M -64.45M 16.49M
Interest Expense -4.54M -5.41M -5.33M -4.99M
Income Tax Expense 2.46M -407k -21.42M 2.49M
Total Revenue 379.27M 486.37M 468.85M 404.7M
Cost Of Revenue 256.03M 362.17M 406.91M 275.24M
Total Other Income ExpenseNet -4.54M -5.41M -51.32M -4.99M
Net Income From Continuing Ops 10.35M -625k -94.35M 9M
Net Income Applicable To Common Shares 10.35M -625k -94.35M 9M

Balance Sheet Statement 2018-12-31 2019-12-31 2020-12-31 2021-12-31
Total Liabilities 1.01B 1.23B 1.33B 1.38B
Total Stockholder Equity 255.53M 263.28M 167.71M 175.52M
Other Current Liabilities 298.06M 388.93M 320.81M 284.43M
Total Assets 1.26B 1.5B 1.5B 1.55B
Common Stock 3.76M 3.76M 3.76M 3.76M
Other Current Assets 261.08M 321.56M 506.5M 555.56M
Retained Earnings 161.19M 160.57M 65.7M 74.7M
Treasury Stock -32.59M -24.51M -24.64M -25.78M
Cash 35.59M 53.34M 102.58M 352.87M
Total Current Liabilities 920.84M 1.11B 1.21B 1.25B
Other Stockholder Equity -6.66M 688k 383k -1.03M
Property, Plant, and Equipment 6.15M 26.89M 23.21M 21.51M
Total Current Assets 424.27M 551.68M 763.66M 1.03B
Net Tangible Assets 203.28M 213.5M 166.38M 174.7M
Net Receivables 125.01M 174.18M 151.93M 117.55M
Accounts Payable 622.78M 717.77M 885.42M 967.75M


Insider Transactions

Here are the insider transactions of stock shares related to Hallmark Financial Services Inc:

Filer Name Transaction Text Ownership Date Filer Relation Shares
SCHWARTZ MARK EDWARDPurchase at price 2.86 per share.I2022-05-31Chief Executive Officer1.18k
BERLIN SCOTT TPurchase at price 4.64 per share.D2022-01-06Director30k

Insider transaction explanations

Insider buying is the legal purchase of shares by a senior executive or director of a company. "Filer Name" corresponds to the name of the stock buyer or seller. "Transaction Text" describes the transaction. "Ownership" gives information about the transaction type. "Date" is the reported transaction date. "Filer Relation" gives the role of the insider in the company. "Shares" is the value of the transaction. You will find the complete description of the General Transaction Codes on the SEC dedicated page


Investment strategy backtesting

These are the result of three automatic investment systems applied to Hallmark Financial Services Inc. You will find the performance of an systematic investment system, a momentum strategy, and a buy the dip trading strategy.


Systematic investment results on Hallmark Financial Services Inc

Here is the result of two systematic investment strategies applied to Hallmark Financial Services Inc. The first strategy automatically buys the first day of the month, and the second strategy buys the fifteenth day of the month.

Systematic investment equity curve on Hallmark Financial Services Inc

The following chart shows the equity curve of the two systematic investment strategies applied to Hallmark Financial Services Inc:

Hallmark Financial Services Inc automated entries

The systematic investment strategy that buys the first day of the month would give a performance of -34.0% on the backtest period.

Performance at glance

Performance

-34.0 %

Latent gain

-595.72 $

Invested capital

1752.02 $

Annualized return

-8.29 %
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Momentum strategy results on Hallmark Financial Services Inc

This is the result of two momentum investment strategies applied to Hallmark Financial Services Inc. The first strategy uses a momentum signal calculated on one quarter, and the second uses a momentum signal calculated on two quarters.

Momentum entry openings on Hallmark Financial Services Inc

The following chart shows all the entries opened by the momentum investment system on Hallmark Financial Services Inc:

Hallmark Financial Services Inc momentum entries
  • The first momentum investment strategy would give -22.25% of return on Hallmark Financial Services Inc. That represents -1163.19$ of latent gain with 5228.89$ of employed capital.
  • The second momentum investment strategy would give -28.72% of return on Hallmark Financial Services Inc. That represents -999.66$ of latent gain with 3480.11$ of employed capital.
Performance at glance (1Q Momentum)

Performance

-22.25 %

Latent gain

-1163.19 $

Invested capital

5228.89 $

Annualized return

0.0 %
Performance at glance (2Q Momentum)

Performance

-28.72 %

Latent gain

-999.66 $

Invested capital

3480.11 $

Annualized return

-7.93 %

Momentum equity curve on Hallmark Financial Services Inc

The following chart shows the equity curve of the two momentum strategies applied to Hallmark Financial Services Inc:

Hallmark Financial Services Inc momentum equity

Note: the dividends potentially given by Hallmark Financial Services Inc are not integrated into the calculation of the equity curve neither the performance of the strategy. The integration of the dividends will be available soon.


Employed capital on Hallmark Financial Services Inc

The following chart shows the employed capital evolution of the two momentum strategies on Hallmark Financial Services Inc since the beginning:

Hallmark Financial Services Inc

Note: the algorithm buys for a maximum of 250$ per entry. If the stock price is greater than 250$, the system buys only one stock per entry. The investment system stops automatically when the financial exposure reaches 10000$.


Buy the dip strategy result on Hallmark Financial Services Inc

Buy the dip entry openings on Hallmark Financial Services Inc

Hallmark Financial Services Inc

The performance achieved by the robo-advisor on Hallmark Financial Services Inc is 0%. That represents 0.0$ of latent gain with 0.0$ of employed capital. The following chart shows Hallmark Financial Services Inc stock price with all the entries opened by the automated investment system.

Note: The blue line represents the weekly stock price of Hallmark Financial Services Inc, and the green triangles represent the entry openings. The artificall robo-advisor needs at least 100 weeks of trading history to work.

Performance at glance

Performance

0 %

Latent gain

0.0 $

Invested capital

0.0 $

Annualized return

0.0 %

Equity curve of the strategy applied to Hallmark Financial Services Inc

The following chart shows the result of the investment strategy applied to Hallmark Financial Services Inc:

Hallmark Financial Services Inc

Note: the dividends potentially given by Hallmark Financial Services Inc are not integrated into the calculation of the equity curve neither the performance of the strategy. The integration of the dividends will be available soon.


Employed capital on Hallmark Financial Services Inc

The following chart shows the employed capital evolution since the beginning of the investment strategy on Hallmark Financial Services Inc:

Hallmark Financial Services Inc

Note: the algorithm buys for a maximum of 250$ per entry. If the stock price is greater than 250$, the system buys only one stock per entry. The investment system stops automatically when the financial exposure reaches 10000$.


Investment strategies comparison on Hallmark Financial Services Inc

In this section, I will compare the three previous investment strategies applied to Hallmark Financial Services Inc.

Equity curve comparison on Hallmark Financial Services Inc

The following chart shows the equity curve of the artificall advisor, the trend folowing and the automatic investment strategies:

Hallmark Financial Services Inc investment strategy comparison

Employed capital comparison on Hallmark Financial Services Inc

Hallmark Financial Services Inc investment comparison

Performance comparison on Hallmark Financial Services Inc

Strategy Latent Profit Growth Employed capital CAGR
Automatic investment -34.0% -595.72$ 1752.02$ -8.29%
Momentum 1 quarter -22.25% -1163.19$ 5228.89$ -5.76%
Momentum 2 quarters -28.72% -999.66$ 3480.11$ -7.93%
Non-directional 0% 0.0$ 0.0$ 0.0%
Annualized return comparison

Automatic investment

-8.29 %

Momentum 1Q

-7.93 %

Momentum 2Q

-7.93 %

Non-directional

0.0 %

Correlated stocks

Here are the most positively and negatively correlated stocks with Hallmark Financial Services Inc:

Positive correlations

Most correlated stocks this year

  • Hallmark Financial Services Inc

  • Most correlated stocks last 3 months

  • CENTURY ENT INT
  • Hallmark Financial Services Inc
  • BJ ENT M&H
  • Marker Therapeutics Inc
  • UNION TECH.INFOR.

  • Negative correlation

    Most negatively correlated stocks this year


    Most negatively correlated stocks last 3 months


    Note: The algorithm computes the probability of correlation between Hallmark Financial Services Inc and the other stocks. There may be false positives or some missing correlated stocks. If the price of Hallmark Financial Services Inc does not vary for 36 weeks, the correlation calculation result will be wrong.


    Company information

    Company name Hallmark Financial Services Inc
    Country United States
    City Dallas
    Address Two Lincoln Centre
    Phone 817 348 1600
    Website www.hallmarkgrp.com
    FullTime employees 406
    Industry Insurance—Property & Casualty
    Sector Financial Services
    Exchange XNAS
    Ticker HALL
    Market www.nasdaq.com

    Hallmark Financial Services Inc ESG Scores

    Environment scores

    Environment ESG Factors Scores
    Environment Score 0
    Peer Environment Performance unknown
    Environment Percentile unknown
    Palm Oil unknown
    Nuclear unknown
    Fur Leather unknown
    GMO unknown
    Coal unknown
    Pesticides unknown
    Animal Testing unknown

    Social scores

    Social ESG Factors Scores
    Social Score 0
    Peer Social Performance unknown
    Social Percentile unknown
    Highest Controversy unknown
    Peer Highest Controversy Performance unknown
    Adult unknown
    Gambling unknown
    Alcoholic unknown
    Tobacco unknown
    Catholic unknown
    Controversial Weapons unknown
    Small Arms unknown
    Military Contract unknown
    Peer Count unknown

    Related Controversy:


    Governance scores

    Governance ESG Factors Scores
    Governance Score 0
    Peer Governance Performance unknown
    Governance Percentile unknown

    ESG at glance
    Total ESG Scores: unknown
    Environment Score: 0
    Social Score: 0
    Governance Score: 0

    ESG Performance: unknown

    Peer Group: unknown

    Peer Esg Score Performance: unknown

    Rating Year: unknown

    Rating Month: unknown

    Max Age: unknown

    Percentile: unknown