Hallador Energy Company (NASDAQ:HNRG) declared a quarterly dividend on Tuesday, July 18th, Wall Street Journal reports. Shareholders of record on Monday, July 31st will be paid a dividend of 0.04 per share by the energy company on Friday, August 11th. This represents a $0.16 dividend on an annualized basis and a yield of 2.66%. The ex-dividend date of this dividend is Thursday, July 27th.
Shares of Hallador Energy (NASDAQ HNRG) traded down 0.99% during trading on Wednesday, reaching $6.01. The company’s stock had a trading volume of 128,502 shares. The stock’s 50 day moving average price is $7.30 and its 200-day moving average price is $7.80. Hallador Energy has a 12 month low of $5.65 and a 12 month high of $10.40. The firm has a market cap of $178.88 million, a PE ratio of 22.01 and a beta of -0.61.
Hallador Energy (NASDAQ:HNRG) last released its earnings results on Tuesday, August 8th. The energy company reported $0.01 earnings per share (EPS) for the quarter, missing the Thomson Reuters’ consensus estimate of $0.14 by $0.13. The firm had revenue of $64.31 million during the quarter, compared to the consensus estimate of $64.20 million. Hallador Energy had a return on equity of 11.19% and a net margin of 3.13%. Equities analysts predict that Hallador Energy will post $0.65 EPS for the current year.
An institutional investor recently bought a new position in Hallador Energy stock. State Street Corp acquired a new position in shares of Hallador Energy Company (NASDAQ:HNRG) during the second quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor acquired 184,020 shares of the energy company’s stock, valued at approximately $1,430,000. State Street Corp owned 0.62% of Hallador Energy at the end of the most recent quarter. 55.72% of the stock is currently owned by institutional investors and hedge funds.
ILLEGAL ACTIVITY NOTICE: “Hallador Energy Company (NASDAQ:HNRG) Declares $0.04 Quarterly Dividend” was first published by BBNS and is the sole property of of BBNS. If you are reading this news story on another website, it was stolen and reposted in violation of US and international copyright & trademark laws. The correct version of this news story can be accessed at https://baseballnewssource.com/markets/hallador-energy-company-nasdaqhnrg-announces-0-04-quarterly-dividend-updated-updated-updated/1253930.html.
Several equities research analysts have recently issued reports on HNRG shares. Zacks Investment Research upgraded shares of Hallador Energy from a “sell” rating to a “hold” rating and set a $8.25 target price for the company in a report on Thursday, May 11th. ValuEngine lowered shares of Hallador Energy from a “strong-buy” rating to a “buy” rating in a report on Monday.
Hallador Energy Company Profile
Hallador Energy Company is an oil and gas exploration company focused on developing coal reserves in the Illinois Basin. The Company, through its subsidiary, Sunrise Coal, LLC, is engaged in coal mining in the state of Indiana serving the electric power generation industry. Its projects include Carlisle Mine, Ace in the Hole Mine, Oaktown 1 Mine, Oaktown 2 Mine and Bulldog Mine.
Receive News & Ratings for Hallador Energy Company Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Hallador Energy Company and related companies with our FREE daily email newsletter.