Hallmark Financial is a specialty property and casualty insurance holding company with a diversified portfolio of insurance products written on a national platform. With six insurance subsidiaries, Hallmark Financial markets, underwrites and services commercial and personal insurance in select markets. Hallmark Financial is headquartered in Dallas, Texas.

Company profile
Ticker
HALL
Exchange
Website
CEO
Naveen Anand
Employees
Incorporated
Location
Fiscal year end
Industry (SIC)
SEC CIK
Corporate docs
Subsidiaries
o Aerospace Claims Management Group, Inc. • o Aerospace Flight, Inc. • o Aerospace Holdings, LLC • o Aerospace Insurance Managers, Inc. • o Aerospace Special Risk, Inc. • o American Hallmark General Agency, Inc. • o American Hallmark Insurance Company • o American Hallmark Insurance Services, Inc. • o CYR Insurance Management Company • o Effective Claims Management, Inc. ...
IRS number
870447375
HALL stock data
News

Insurance Stocks Moving In Thursday's Intraday Session
28 Jul 22
Insurance Stocks Moving In Monday's Intraday Session
25 Jul 22
Insurance Stocks Moving In Wednesday's Intraday Session
20 Jul 22
Insurance Stocks Moving In Wednesday's Intraday Session
6 Jul 22
Stocks That Hit 52-Week Lows On Monday
13 Jun 22
Calendar
12 May 22
12 Aug 22
31 Dec 22
Financial summary
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Diluted EPS |
Annual (USD) | Dec 21 | Dec 20 | Dec 19 | Dec 18 | |
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Diluted EPS |
Cash burn rate (est.) | Burn method: Change in cash | Burn method: Operating income | Burn method: FCF (opex + capex) | Last Q | Avg 4Q | Last Q | Avg 4Q | Last Q | Avg 4Q |
---|---|---|---|---|---|---|
Cash on hand (at last report) | 187.62M | 187.62M | 187.62M | 187.62M | 187.62M | 187.62M |
Cash burn (monthly) | 56.35M | 8.31M | 1.37M | 281.08K | 20.66M | 3.97M |
Cash used (since last report) | 248.85M | 36.68M | 6.06M | 1.24M | 91.23M | 17.55M |
Cash remaining | -61.23M | 150.94M | 181.55M | 186.37M | 96.38M | 170.07M |
Runway (months of cash) | -1.1 | 18.2 | 132.2 | 663.1 | 4.7 | 42.8 |
Recent insider trades
Date | Owner | Security | Transaction | Code | Indirect | 10b5-1 | $Price | #Shares | $Value | #Remaining |
---|---|---|---|---|---|---|---|---|---|---|
31 May 22 | Mark E Schwarz | Common Stock | Buy | Acquire P | Yes | No | 0.89 | 1,179 | 1.05K | 3,079,873 |
31 May 22 | Mark E Schwarz | Common Stock | Buy | Acquire P | Yes | No | 0 | 0 | 0 | 3,730,432 |
3 Apr 22 | Christopher James Kenney | RSU Common Stock | Grant | Acquire A | No | No | 0 | 51,654 | 0 | 51,654 |
3 Apr 22 | Mark E Schwarz | RSU Common Stock | Grant | Acquire A | No | No | 0 | 123,968 | 0 | 123,968 |
21 Dec 21 | Christopher James Kenney | RSU Common Stock | Grant | Acquire A | No | No | 0 | 45,724 | 0 | 45,724 |
21 Dec 21 | Mark E Schwarz | RSU Common Stock | Grant | Acquire A | No | No | 0 | 127,374 | 0 | 127,374 |
Institutional ownership, Q1 2022
17.5% owned by funds/institutions
13F holders | Current |
---|---|
Total holders | 35 |
Opened positions | 7 |
Closed positions | 7 |
Increased positions | 7 |
Reduced positions | 11 |
13F shares | Current |
---|---|
Total value | 12.37M |
Total shares | 3.18M |
Total puts | 0 |
Total calls | 0 |
Total put/call ratio | – |
Largest owners | Shares | Value |
---|---|---|
Dimensional Fund Advisors | 832.31K | $3.02M |
Vanguard | 585.01K | $2.12M |
Kennedy Capital Management | 283.99K | $1.03M |
BLK Blackrock | 265.73K | $964K |
Bridgeway Capital Management | 265.6K | $964K |
Geode Capital Management | 151.46K | $549K |
Renaissance Technologies | 123.61K | $449K |
Royce & Associates | 114K | $414K |
Two Sigma Advisers | 111K | $403K |
Thompson Siegel & Walmsley | 97.39K | $354K |
Financial report summary
?Competition
Cincinnati Financial • CNA Financial • Travelers Companies • Navigators • Chubb Limited • Allstate Corp (The) • Markel • Proassurance • Aspen Insurance • Financial ServicesRisks
- An increased inflation rate or a period of sustained inflation may adversely impact our results of operations.
Management Discussion
- Item 2. Management’s Discussion and Analysis of Financial Condition and Results of Operations.
- Hallmark Financial Services, Inc. (“Hallmark” and, together with subsidiaries, “we,” “us,” “our,” or the Company) is an insurance holding company that, through its subsidiaries, engages in the sale of property/casualty insurance products to businesses and individuals. Our business involves marketing, distributing, underwriting and servicing our insurance products, as well as providing other insurance related services. Our business is geographically concentrated in the south central and northwest regions of the United States, except for our Specialty Commercial business which is written on a national basis. We pursue our business activities through subsidiaries whose operations are organized into product-specific business units, which are supported by our insurance company subsidiaries.
- The retained premium produced by these reportable segments is supported by our American Hallmark Insurance Company of Texas (“AHIC”), Hallmark Specialty Insurance Company (“HSIC”), Hallmark Insurance Company (“HIC”), Hallmark National Insurance Company (“HNIC”) and Texas Builders Insurance Company (“TBIC”) insurance subsidiaries. In addition, control and management of Hallmark County Mutual Insurance Company (“HCM”) is maintained through our wholly owned subsidiary, CYR Insurance Management Company (“CYR”). CYR has as its primary asset a management agreement with HCM which provides for CYR to have management and control of HCM. HCM is used to front certain lines of business in our Specialty Commercial and Personal Segments in Texas. HCM does not retain any business.
Content analysis
?Positive | ||
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Readability |
H.S. sophomore Avg
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New words:
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Removed:
absence, achieve, acquired, al, allegedly, amended, amending, appointed, behalf, book, brought, capitalization, charge, charged, Chief, complaint, compound, court, determination, disclose, District, Division, estimating, exit, exiting, failing, forced, goodwill, improperly, intangible, intrinsic, key, lacked, largely, lawsuit, Lead, making, marketed, misleading, Northern, occupancy, plaintiff, positive, putative, Rajeev, ranging, removing, resulted, retirement, Schulze, September, simplified, simplify, styled, sufficient, summary, treaty, updated, violated, volatility, Yalamanchili
Financial reports
Current reports
8-K
Submission of Matters to a Vote of Security Holders
21 Jun 22
8-K
Hallmark Announces First Quarter 2022 Results
12 May 22
8-K
Hallmark Announces Fourth Quarter and Fiscal 2021 Results
16 Mar 22
8-K
Departure of Directors or Certain Officers
12 Jan 22
8-K
Financial Statements and Exhibits
21 Dec 21
8-K
Hallmark Announces Third Quarter 2021 Results
15 Nov 21
8-K
Hallmark Announces Second Quarter 2021 Results
12 Aug 21
8-K
Entry into a Material Definitive Agreement
6 Jul 21
8-K
Departure of Directors or Certain Officers
28 May 21
8-K
Submission of Matters to a Vote of Security Holders
28 May 21
Registration and prospectus
424B2
Prospectus for primary offering
13 Aug 19
FWP
Free writing prospectus
12 Aug 19
424B5
Prospectus supplement for primary offering
12 Aug 19
S-8 POS
Registration of securities for employees (post-effective amendment)
29 Mar 16
S-8
Registration of securities for employees
9 Mar 16
424B5
Prospectus supplement for primary offering
10 Aug 14
S-3
Shelf registration
8 Jun 14
S-3/A
Shelf registration (amended)
13 Jul 11
Other
UPLOAD
Letter from SEC
14 Aug 19
CORRESP
Correspondence with SEC
23 Jul 19
CORRESP
Correspondence with SEC
7 Jul 19
UPLOAD
Letter from SEC
24 Jun 19
EFFECT
Notice of effectiveness
4 Jun 19
CORRESP
Correspondence with SEC
28 May 19
UPLOAD
Letter from SEC
22 May 19
EFFECT
Notice of effectiveness
10 Aug 14
UPLOAD
Letter from SEC
3 Jan 13
CORRESP
Correspondence with SEC
11 Dec 12
Ownership
3
HALLMARK FINANCIAL SERVICES / Doug Slape ownership change
13 Jun 22
4/A
HALLMARK FINANCIAL SERVICES / PARTNERS L P NEWCASTLE ownership change
2 Jun 22
4
HALLMARK FINANCIAL SERVICES / PARTNERS L P NEWCASTLE ownership change
2 Jun 22
4
HALLMARK FINANCIAL SERVICES / PARTNERS L P NEWCASTLE ownership change
5 Apr 22
4
HALLMARK FINANCIAL SERVICES / Christopher James Kenney ownership change
5 Apr 22
SC 13G/A
HALLMARK FINANCIAL SERVICES / DIMENSIONAL FUND ADVISORS ownership change
8 Feb 22
4
HALLMARK FINANCIAL SERVICES / SCOTT T BERLIN ownership change
10 Jan 22
4
HALLMARK FINANCIAL SERVICES / PARTNERS L P NEWCASTLE ownership change
21 Dec 21
4
HALLMARK FINANCIAL SERVICES / Christopher James Kenney ownership change
21 Dec 21
SC 13G/A
HALLMARK FINANCIAL SERVICES / DIMENSIONAL FUND ADVISORS ownership change
12 Feb 21
Reddit threads
Daily Discussion Thread - August 11th, 2022
11 Aug 22
Daily Discussion Thread - August 10th, 2022
10 Aug 22
Daily Discussion Thread - May 12th, 2022
12 May 22
Daily Discussion Thread - May 11th, 2022
11 May 22
What penny stocks do you own that you believe will go parabolic one day?
20 Apr 22
What's your buy list ?
21 Jan 22
Newer to stock valuation - Thoughts on these insurance stocks?
8 Dec 21
Daily Discussion Thread - November 16th, 2021
16 Nov 21
Daily Discussion Thread - November 15th, 2021
15 Nov 21
Daily Discussion Thread - November 11th, 2021
11 Nov 21