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HALL - Hallmark Financial Services Hits Soft Q2 But Remains Extremely Cheap
August, 13 2021 07:46 PM
Hallmark Financial Services Inc.
After a rocky 2020 creating a deeply discounted valuation, Hallmark Financial Services posts uninspiring Q2 numbers. The thesis for value investors remains largely intact with a potential 2021 PE below 4x and price to book below 0.4x. As such, Hallmark remains a very inexpensive insurer. A partial spin of its premium business remains a catalyst, though absence of recent disclosure on this is a concern. For further details see:
Hallmark Financial Services Hits Soft Q2, But Remains Extremely Cheap
Stock Information
Company Name:
Hallmark Financial Services Inc.
Stock Symbol:
HALL
Market:
NASDAQ
Website:
hallmarkgrp.com
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