Northland Securities Raises Hallador Energy (NASDAQ:HNRG) Price Target to $34.00

Hallador Energy (NASDAQ:HNRG) had its price target raised by Northland Securities from $29.00 to $34.00 in a report issued on Thursday,Benzinga reports. The brokerage currently has an “outperform” rating on the energy company’s stock. Northland Securities’ price objective would indicate a potential upside of 86.10% from the company’s current price.

HNRG has been the subject of several other research reports. Zacks Research cut Hallador Energy from a “strong-buy” rating to a “hold” rating in a research note on Monday, January 12th. Weiss Ratings reaffirmed a “sell (d-)” rating on shares of Hallador Energy in a research report on Thursday, January 22nd. Jefferies Financial Group assumed coverage on shares of Hallador Energy in a research report on Tuesday. They set a “hold” rating and a $17.50 price target for the company. B. Riley Financial upgraded shares of Hallador Energy from a “neutral” rating to a “buy” rating and upped their price objective for the stock from $23.00 to $27.00 in a report on Friday, March 13th. Finally, Wall Street Zen cut shares of Hallador Energy from a “hold” rating to a “sell” rating in a research report on Sunday. Three analysts have rated the stock with a Buy rating, three have given a Hold rating and one has assigned a Sell rating to the company. According to data from MarketBeat, the company presently has a consensus rating of “Hold” and an average price target of $26.63.

Hallador Energy Trading Up 3.6%

NASDAQ:HNRG traded up $0.64 on Thursday, hitting $18.27. The stock had a trading volume of 1,887,461 shares, compared to its average volume of 664,614. The company has a fifty day moving average price of $18.69 and a two-hundred day moving average price of $19.43. Hallador Energy has a 1-year low of $9.25 and a 1-year high of $24.70. The company has a quick ratio of 0.23, a current ratio of 0.81 and a debt-to-equity ratio of 0.19. The stock has a market cap of $859.06 million, a price-to-earnings ratio of 18.99 and a beta of 0.22.

Hallador Energy (NASDAQ:HNRG) last announced its quarterly earnings results on Thursday, March 12th. The energy company reported ($0.01) earnings per share (EPS) for the quarter, hitting analysts’ consensus estimates of ($0.01). The business had revenue of $101.94 million during the quarter, compared to the consensus estimate of $105.48 million. Hallador Energy had a net margin of 8.92% and a return on equity of 30.82%. Equities research analysts expect that Hallador Energy will post -0.31 earnings per share for the current fiscal year.

Hedge Funds Weigh In On Hallador Energy

Several large investors have recently bought and sold shares of HNRG. Royal Bank of Canada lifted its holdings in shares of Hallador Energy by 92.5% during the fourth quarter. Royal Bank of Canada now owns 1,413 shares of the energy company’s stock worth $27,000 after purchasing an additional 679 shares during the period. Raymond James Financial Inc. purchased a new position in shares of Hallador Energy during the 2nd quarter worth approximately $27,000. State of Alaska Department of Revenue purchased a new position in shares of Hallador Energy during the 3rd quarter worth approximately $32,000. EverSource Wealth Advisors LLC lifted its holdings in shares of Hallador Energy by 11,110.5% in the 2nd quarter. EverSource Wealth Advisors LLC now owns 2,130 shares of the energy company’s stock valued at $34,000 after buying an additional 2,111 shares during the period. Finally, USA Financial Formulas acquired a new stake in shares of Hallador Energy in the 4th quarter valued at approximately $42,000. Hedge funds and other institutional investors own 61.38% of the company’s stock.

Key Stories Impacting Hallador Energy

Here are the key news stories impacting Hallador Energy this week:

• Positive Sentiment: Signed a three‑year capacity sale at record pricing that management says is about 2x the pricing in its forward book and should produce roughly $86 million of cumulative revenue for planning years 2026 through summer 2028 — a clear near‑term revenue boost that explains the market’s favorable reaction. GlobeNewswire: Record Capacity Pricing
• Positive Sentiment: Market coverage and press reports show the stock reacted strongly to the deal (headlines noting a stock jump), reinforcing that the contract news is driving buying interest and higher volume today. Investing.com: Stock Jumps on Deal
• Positive Sentiment: Short interest has fallen compared with earlier February levels (shorts were ~2.03M shares as of Mar 13, about 5.6% of the float, down from ~2.49M), which reduces immediate short pressure and can magnify upside when positive catalysts hit. No external link for short interest summary provided
• Neutral Sentiment: Jefferies initiated coverage with a Hold rating; the initiation brings more analyst attention but not an upgrade, so it is unlikely to add sustained bullish momentum by itself. AmericanBankingNews: Jefferies Initiates Coverage
• Neutral Sentiment: Consensus analyst stance remains a “Hold” on HNRG, suggesting limited near‑term analyst-driven upside absent further upgrades or guidance changes. AmericanBankingNews: Consensus Rating
• Negative Sentiment: Unusual options activity: a large block of puts (16,827 contracts, roughly +1,504% vs average daily put volume) was bought, which can indicate either hedging by insiders/large holders or speculative bearish positioning — a potential headwind if downside bets accelerate. Source: market options flow report (entry)

About Hallador Energy

Hallador Energy Company is a coal producer and mine operator trading on NASDAQ under the symbol HNRG. The company’s primary business activities center on the production and sale of bituminous thermal coal. Hallador’s operations encompass two surface mines: the Shoal Creek Mine located in southwestern Indiana and the Bull Mountain Mine situated in eastern Montana. Both sites are designed to extract high-quality coal reserves for the power generation market.

Hallador Energy markets its coal primarily to electric utilities and industrial customers across the United States.