Last $10.29 USD
Change Today +0.07 / 0.68%
Volume 29.3K
HALL On Other Exchanges
As of 8:10 PM 09/23/14 All times are local (Market data is delayed by at least 15 minutes).

hallmark finl services inc (HALL) Snapshot

Previous Close
Day High
Day Low
52 Week High
06/24/14 - $11.06
52 Week Low
11/4/13 - $8.05
Market Cap
Average Volume 10 Days
Shares Outstanding
Dividend Yield

Related News

No related news articles were found.

hallmark finl services inc (HALL) Related Businessweek News

No Related Businessweek News Found

hallmark finl services inc (HALL) Details

Hallmark Financial Services, Inc., an insurance holding company, markets, distributes, underwrites, and services property/casualty insurance products to businesses and individuals in the United States. The company operates in Standard Commercial, Specialty Commercial, and Personal segments. The Standard Commercial segment markets, underwrites, and services standard commercial lines insurance primarily in the non-urban areas of Texas, New Mexico, Idaho, Oregon, Montana, Washington, Utah, Wyoming, Arkansas, Hawaii, and Missouri. Its products include commercial automobile, general liability, umbrella, commercial property, commercial multi-peril, business owners, and occupational accident insurance products. This segment also markets, underwrites, and services workers compensation insurance in Texas and Montana. The Specialty Commercial segment markets, underwrites, finances, and services commercial lines insurance for commercial automobile, general liability, and commercial property risks. Its commercial insurance products include commercial automobile, general liability, commercial property, commercial excess liability, and commercial umbrella insurance products. This segment also offers general aviation property/casualty insurance, such as aircraft insurance, airport liability insurance, and satellite launch insurance products, as well as provides medical professional liability insurance products. The Personal segment offers personal automobile, low value dwelling/homeowners insurance, and renters and manufactured home insurance products. The company markets its insurance products through independent general agents, retail agents, and specialty brokers. Hallmark Financial Services, Inc. was founded in 1987 and is headquartered in Fort Worth, Texas.

376 Employees
Last Reported Date: 03/12/14
Founded in 1987

hallmark finl services inc (HALL) Top Compensated Officers

Executive Chairman
Total Annual Compensation: $195.0K
Principal Financial Officer, Chief Accounting...
Total Annual Compensation: $188.0K
Chief Operating Officer, Executive Vice Presi...
Total Annual Compensation: $270.0K
Senior Executive Vice President
Total Annual Compensation: $400.0K
Compensation as of Fiscal Year 2013.

hallmark finl services inc (HALL) Key Developments

Hallmark Financial Services, Inc. Reports Earnings Results for the Second Quarter and Six Months Ended June 30, 2014

Hallmark Financial Services Inc. reported earnings results for the second quarter and six months ended June 30, 2014. The company reported that net income for the second quarter ended June 30, 2014 was $1.65 million, or $0.09 per share, compared to a net loss of $3.15 million, or $0.16 loss per share, for the same quarter ended June 30, 2013. Net premiums earned for the second quarter ended June 30, 2014 were $78.05 million, compared to $92.84 million for the same quarter ended June 30, 2013. Net income for the six months ended June 30, 2014 was $6.20 million, or $0.32 per share, compared to a net loss of $1.46 million, or $0.08 loss per share, for the same period ended June 30, 2013. Net premiums earned for the six months ended June 30, 2014 were $160.62 million, compared to $179.33 million for the same period ended June 30, 2013.

Hallmark Financial Services, Inc. Announces Management Changes

Hallmark Financial Services Inc. announced the appointment of Naveen Anand as President and Chief Executive Officer. Mr. Anand will be based in Fort Worth, Texas, will assume responsibility for all of Hallmark's business operations and will report directly to the Executive Chairman and the Board of Directors of Hallmark. Anand joins Hallmark most recently from Torus Insurance Holdings Ltd. Mr. Anand joined Torus in 2009 as U.S. Chief Executive and Global Chief Operating Officer. In these roles, he oversaw the development of Torus' global operating platform and functional capabilities, as well as the formation and development of Torus' U.S. underwriting platforms, and was responsible for all Torus business lines and operations in North and South America. Under his leadership, Torus U.S. developed from a start-up stage in late 2009 to over $250 million in gross written premiums across six key specialty business lines. Prior to joining Torus, Mr. Anand worked for CNA Financial Corporation where he was responsible for its $3 billion commercial insurance business across all geographies for 11 business units. Prior to CNA, Mr. Anand worked at both Chubb Corporation and at St. Paul Insurance Company. Hallmark also announced that Mark J. Morrison will remain with the company in the role of Senior Executive Vice President, reporting to Mr. Anand.

Hallmark Financial Services, Inc. Enters into Twelfth Amendment to First Restated Credit Agreement with Frost Bank

On August 8, 2014, Hallmark Financial Services Inc. and each of its subsidiaries entered into an Twelfth Amendment to First Restated Credit Agreement with Frost Bank. The Twelfth Amendment amends the Company's secured revolving credit facility with Frost to accommodate Hallmark's issuance of up to $30 million of senior unsecured debt securities and to conform certain definitions to Frost's current standard.


Stock Quotes

Market data is delayed at least 15 minutes.

Company Lookup
Recently Viewed
HALL:US $10.29 USD +0.07

HALL Competitors

Market data is delayed at least 15 minutes.

Company Last Change
EMC Insurance Group Inc $28.46 USD -0.40
Horace Mann Educators Corp $28.76 USD -0.37
Meadowbrook Insurance Group Inc $5.90 USD -0.04
State Auto Financial Corp $21.51 USD -0.11
United Fire Group Inc $28.10 USD -1.00
View Industry Companies

Industry Analysis


Industry Average

Valuation HALL Industry Range
Price/Earnings 12.5x
Price/Sales 0.5x
Price/Book 0.8x
Price/Cash Flow 10.6x
TEV/Sales NM Not Meaningful

Sponsored Financial Commentaries

Sponsored Links

Report Data Issue

To contact HALLMARK FINL SERVICES INC, please visit Company data is provided by Capital IQ. Please use this form to report any data issues.

Please enter your information in the following field(s):
Update Needed*

All data changes require verification from public sources. Please include the correct value or values and a source where we can verify.

Your requested update has been submitted

Our data partners will research the update request and update the information on this page if necessary. Research and follow-up could take several weeks. If you have questions, you can contact them at