Brokers Offer Predictions for Hallador Energy Co’s Q1 2019 Earnings (HNRG)
Hallador Energy Co (NASDAQ:HNRG) – Research analysts at B. Riley lowered their Q1 2019 earnings per share estimates for Hallador Energy in a note issued to investors on Wednesday, November 7th. B. Riley analyst L. Pipes now forecasts that the energy company will post earnings per share of $0.09 for the quarter, down from their prior estimate of $0.11. B. Riley also issued estimates for Hallador Energy’s FY2019 earnings at $0.38 EPS and FY2020 earnings at $0.43 EPS.
Hallador Energy (NASDAQ:HNRG) last posted its quarterly earnings results on Tuesday, November 6th. The energy company reported $0.09 earnings per share for the quarter, missing the Zacks’ consensus estimate of $0.13 by ($0.04). The company had revenue of $79.72 million during the quarter, compared to the consensus estimate of $79.30 million. Hallador Energy had a net margin of 9.64% and a return on equity of 3.07%.
HNRG stock opened at $6.17 on Thursday. The company has a quick ratio of 0.98, a current ratio of 1.93 and a debt-to-equity ratio of 0.66. The company has a market capitalization of $188.00 million, a price-to-earnings ratio of 27.09 and a beta of -0.32. Hallador Energy has a twelve month low of $5.20 and a twelve month high of $7.98.
Several institutional investors and hedge funds have recently added to or reduced their stakes in the company. JPMorgan Chase & Co. lifted its position in shares of Hallador Energy by 1,887.2% in the third quarter. JPMorgan Chase & Co. now owns 67,027 shares of the energy company’s stock valued at $417,000 after buying an additional 63,654 shares during the last quarter. O Shaughnessy Asset Management LLC lifted its position in shares of Hallador Energy by 27.5% in the third quarter. O Shaughnessy Asset Management LLC now owns 38,698 shares of the energy company’s stock valued at $241,000 after buying an additional 8,347 shares during the last quarter. Strs Ohio lifted its position in shares of Hallador Energy by 124.6% in the third quarter. Strs Ohio now owns 74,800 shares of the energy company’s stock valued at $465,000 after buying an additional 41,500 shares during the last quarter. Oakcliff Capital Partners LP lifted its position in shares of Hallador Energy by 39.9% in the second quarter. Oakcliff Capital Partners LP now owns 557,189 shares of the energy company’s stock valued at $3,978,000 after buying an additional 158,827 shares during the last quarter. Finally, Alambic Investment Management L.P. acquired a new stake in shares of Hallador Energy in the second quarter valued at approximately $164,000. 53.38% of the stock is owned by institutional investors.
The firm also recently disclosed a quarterly dividend, which will be paid on Friday, November 16th. Stockholders of record on Wednesday, October 31st will be given a $0.04 dividend. The ex-dividend date is Tuesday, October 30th. This represents a $0.16 dividend on an annualized basis and a dividend yield of 2.59%. Hallador Energy’s payout ratio is 30.19%.
About Hallador Energy
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 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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