Hallador Energy Co (NASDAQ:HNRG) – Stock analysts at B. Riley lowered their FY2019 earnings per share estimates for shares of Hallador Energy in a research note issued to investors on Wednesday, November 6th. B. Riley analyst L. Pipes now forecasts that the energy company will post earnings of $0.05 per share for the year, down from their prior forecast of $0.32. B. Riley has a “Buy” rating and a $10.00 price target on the stock. B. Riley also issued estimates for Hallador Energy’s Q4 2019 earnings at ($0.01) EPS, Q1 2020 earnings at $0.06 EPS, Q2 2020 earnings at $0.07 EPS, Q3 2020 earnings at $0.05 EPS, Q4 2020 earnings at $0.04 EPS and FY2020 earnings at $0.22 EPS.

Several other analysts also recently weighed in on HNRG. Zacks Investment Research downgraded Hallador Energy from a “hold” rating to a “strong sell” rating in a research report on Tuesday, October 29th. ValuEngine downgraded Hallador Energy from a “hold” rating to a “sell” rating in a research report on Friday, November 1st.

Shares of NASDAQ HNRG traded down $0.16 during midday trading on Friday, reaching $2.88. 115,600 shares of the company traded hands, compared to its average volume of 75,856. The company has a debt-to-equity ratio of 0.53, a quick ratio of 0.63 and a current ratio of 1.22. Hallador Energy has a 12 month low of $2.79 and a 12 month high of $6.33. The firm has a market cap of $95.28 million, a PE ratio of 11.52 and a beta of 0.04. The stock’s 50-day simple moving average is $3.42 and its 200-day simple moving average is $4.74.

Hallador Energy (NASDAQ:HNRG) last issued its quarterly earnings data on Monday, November 4th. The energy company reported ($0.12) earnings per share (EPS) for the quarter, missing the Zacks’ consensus estimate of $0.08 by ($0.20). The company had revenue of $83.10 million for the quarter, compared to the consensus estimate of $82.40 million. Hallador Energy had a net margin of 0.76% and a return on equity of 1.69%.

Institutional investors have recently bought and sold shares of the business. BlackRock Inc. boosted its holdings in shares of Hallador Energy by 18.4% in the second quarter. BlackRock Inc. now owns 1,118,467 shares of the energy company’s stock valued at $6,297,000 after acquiring an additional 173,905 shares in the last quarter. Acadian Asset Management LLC grew its stake in shares of Hallador Energy by 14.6% in the second quarter. Acadian Asset Management LLC now owns 612,016 shares of the energy company’s stock worth $3,445,000 after acquiring an additional 77,810 shares during the last quarter. Vanguard Group Inc. grew its stake in shares of Hallador Energy by 11.4% in the second quarter. Vanguard Group Inc. now owns 756,552 shares of the energy company’s stock worth $4,260,000 after acquiring an additional 77,605 shares during the last quarter. First Trust Advisors LP acquired a new stake in shares of Hallador Energy in the third quarter worth $179,000. Finally, Renaissance Technologies LLC lifted its position in Hallador Energy by 12.3% in the second quarter. Renaissance Technologies LLC now owns 422,292 shares of the energy company’s stock worth $2,378,000 after purchasing an additional 46,392 shares during the period. Hedge funds and other institutional investors own 46.26% of the company’s stock.

In other news, Director David C. Hardie bought 30,380 shares of the company’s stock in a transaction on Monday, October 7th. The stock was purchased at an average cost of $3.29 per share, for a total transaction of $99,950.20. The purchase was disclosed in a document filed with the Securities & Exchange Commission, which is available at this hyperlink. 33.40% of the stock is currently owned by company insiders.

The company also recently announced a quarterly dividend, which will be paid on Friday, November 15th. Shareholders of record on Thursday, October 31st will be given a $0.04 dividend. The ex-dividend date is Wednesday, October 30th. This represents a $0.16 annualized dividend and a yield of 5.56%. Hallador Energy’s dividend payout ratio is presently 64.00%.

Hallador Energy Company Profile

Hallador Energy Company, through its subsidiaries, engages in the mining, production, and sale of steam coal for the electric power generation industry in the United States. The company holds interests in the Oaktown 1 mine underground mine located in Knox County, Indiana; the Oaktown 2 mine located in Knox County, Indiana and Lawrence County, Illinois; Carlisle underground coal mine located near the town of Carlisle, Indiana; and Ace in the Hole mine located near Clay City, Indiana.

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Earnings History and Estimates for Hallador Energy (NASDAQ:HNRG)

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