NASDAQ$HALL
Hallmark Financial Services Inc · Q2 2021 earnings
Q2 2021 earnings · · Investor relations
Briefing
Hallmark Financial reported a net loss and decreased premiums written compared to the same period last year.
Hallmark Financial Services, Inc. reported a net loss of $0.5 million for the second quarter of 2021, compared to a net income of $6.7 million for the same period in 2020. The net combined ratio was 105.7%, compared to 98.4% in the prior year. Gross premiums written decreased by 8%, and net premiums written decreased by 18%.
- Net loss of $0.5 million, or $0.03 per share, compared to net income of $6.7 million, or $0.37 per share, for the same period of 2020.
- Net combined ratio of 105.7% compared to 98.4% for the same period the prior year.
- Specialty Commercial Segment net combined ratio of 97.2% compared to 96.9% for the same period the prior year.
- Substantial rate increases achieved, particularly in the Specialty Commercial Segment, with increases averaging 12% for the quarter.
Headline financials
Revenue & EPS history
Hallmark Financial · Revenue · Quarterly
$106M
Revenue by segment
Hallmark Financial · $22.1M total across 2 segments · Q2 2021
- Personal Segment$19.1M—86.7%
- Corporate$2.94M—13.3%
Forward guidance
Forward-looking statements involve risks and uncertainties including, but not limited to, continued acceptance of the Company’s products and services in the marketplace, competitive factors, interest rate trends, general economic conditions, the availability of financing, underwriting loss experience and other risks detailed from time to time in the Company’s filings with the Securities and Exchange Commission.
Historical earnings impact
How earnings announcements have historically affected this stock's price.
Avg. return before/after earnings
Based on 20 quarterly earnings reports · overlaid with Q2 2021
-2.1%
Avg return
Earnings day
-7.2%
Avg return
5 days after
-8.6%
Avg return
30 days after
45%
25 / 56 earnings
Positive
+11.8%
Q3 2021
Best reaction
-36.0%
Q2 2022
Worst reaction
| Quarter | Report date | Reaction (Day 0) | +5 days | +30 days |
|---|---|---|---|---|
| Q3 2023 | +6.0% | +3.3% | -26.6% | |
| Q2 2023 | -13.0% | -33.8% | -57.8% | |
| Q1 2023 | +1.6% | +0.9% | -9.8% | |
| Q4 2022 | -26.2% | -26.2% | -33.8% | |
| Q3 2022 | -23.5% | -25.9% | -51.1% | |
| Q2 2022 | -36.0% | -46.6% | -50.2% | |
| Q1 2022 | -0.5% | +2.2% | -8.0% | |
| Q4 2021 | -5.7% | -4.7% | -3.4% | |
| Q3 2021 | +11.8% | +19.4% | +21.6% | |
| Q2 2021 | -21.1% | -19.5% | -20.7% | |
| Q1 2021 | -0.8% | -5.5% | +0.0% | |
| Q4 2020 | -5.5% | -88.7% | -90.5% | |
| Q3 2020 | -3.2% | +6.7% | +23.0% | |
| Q1 2020 | -4.8% | -9.9% | -0.3% | |
| Q2 2020 | -2.4% | -9.5% | -14.3% | |
| Q4 2019 | -2.4% | -9.5% | -14.3% | |
| Q3 2019 | +4.8% | +9.8% | +7.5% | |
| Q2 2019 | +2.1% | +5.2% | +14.1% | |
| Q1 2019 | +0.9% | +4.5% | +10.4% | |
| Q4 2018 | -1.7% | -1.4% | +5.4% | |
| Q3 2018 | +0.6% | -0.2% | +0.2% | |
| Q2 2018 | +1.1% | +1.1% | +4.9% | |
| Q1 2018 | -0.6% | +2.1% | +15.1% | |
| Q4 2017 | -2.2% | -7.4% | +3.6% | |
| Q3 2017 | +3.9% | +7.2% | +3.4% | |
| Q2 2017 | -2.5% | -4.1% | -8.1% | |
| Q1 2017 | +0.2% | -3.4% | -4.0% | |
| Q4 2016 | -0.3% | +0.0% | -0.5% | |
| Q3 2016 | +4.3% | +16.0% | +16.0% | |
| Q2 2016 | +0.4% | +2.6% | +10.2% | |
| Q1 2016 | -0.8% | — | — | |
| Q4 2015 | -0.9% | — | — | |
| Q3 2015 | +3.1% | — | — | |
| Q2 2015 | +3.3% | — | — | |
| Q1 2015 | +1.5% | — | — | |
| Q4 2014 | +2.2% | — | — | |
| Q3 2014 | -3.2% | — | — | |
| Q2 2014 | +0.8% | — | — | |
| Q1 2014 | +1.7% | — | — | |
| Q4 2013 | +1.0% | — | — | |
| Q3 2013 | +4.0% | — | — | |
| Q2 2013 | -2.4% | — | — | |
| Q1 2013 | -2.7% | — | — | |
| Q4 2012 | -5.1% | — | — | |
| Q3 2012 | -2.1% | — | — | |
| Q2 2012 | -1.4% | — | — | |
| Q1 2011 | +1.2% | — | — | |
| Q1 2012 | -2.3% | — | — | |
| Q4 2011 | +2.9% | — | — | |
| Q4 2009 | +2.9% | — | — | |
| Q3 2011 | +0.3% | — | — | |
| Q3 2010 | +0.3% | — | — | |
| Q2 2011 | -0.8% | — | — | |
| Q4 2010 | -0.8% | — | — | |
| Q2 2010 | -0.8% | — | — | |
| Q1 2010 | -2.7% | — | — |
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