Brokers Offer Predictions for Hallador Energy Q3 Earnings

Hallador Energy Company (NASDAQ:HNRG) – Equities researchers at Northland Securities lifted their Q3 2026 EPS estimates for shares of Hallador Energy in a research note issued on Friday, March 13th. Northland Securities analyst J. Grampp now forecasts that the energy company will earn $0.34 per share for the quarter, up from their prior forecast of $0.30. The consensus estimate for Hallador Energy’s current full-year earnings is ($0.31) per share. Northland Securities also issued estimates for Hallador Energy’s Q4 2026 earnings at $0.18 EPS.

HNRG has been the subject of a number of other reports. B. Riley Financial upgraded Hallador Energy from a “neutral” rating to a “buy” rating and upped their target price for the stock from $23.00 to $27.00 in a research report on Friday. Weiss Ratings restated a “sell (d-)” rating on shares of Hallador Energy in a report on Thursday, January 22nd. Zacks Research cut Hallador Energy from a “strong-buy” rating to a “hold” rating in a research note on Monday, January 12th. Finally, Wall Street Zen lowered Hallador Energy from a “buy” rating to a “hold” rating in a report on Saturday. One investment analyst has rated the stock with a Strong Buy rating, two have given a Buy rating, two have given a Hold rating and one has issued a Sell rating to the stock. Based on data from MarketBeat, the company has an average rating of “Moderate Buy” and a consensus price target of $26.00.

Hallador Energy Trading Down 11.5%

Hallador Energy stock opened at $17.10 on Monday. Hallador Energy has a 12-month low of $9.25 and a 12-month high of $24.70. The company has a debt-to-equity ratio of 0.19, a current ratio of 0.81 and a quick ratio of 0.23. The stock has a market capitalization of $804.04 million, a PE ratio of 17.81 and a beta of 0.22. The firm has a 50 day simple moving average of $19.14 and a 200-day simple moving average of $19.45.

Hallador Energy (NASDAQ:HNRG) last released its quarterly earnings results on Thursday, March 12th. The energy company reported ($0.01) EPS for the quarter, hitting analysts’ consensus estimates of ($0.01). The company had revenue of $101.94 million for the quarter, compared to the consensus estimate of $105.48 million. Hallador Energy had a net margin of 8.92% and a return on equity of 30.82%.

Institutional Investors Weigh In On Hallador Energy

Several large investors have recently modified their holdings of the stock. Caitong International Asset Management Co. Ltd grew its holdings in shares of Hallador Energy by 18,664.7% in the 4th quarter. Caitong International Asset Management Co. Ltd now owns 6,380 shares of the energy company’s stock worth $121,000 after acquiring an additional 6,346 shares during the last quarter. Oxford Asset Management LLP purchased a new stake in shares of Hallador Energy during the fourth quarter valued at $217,000. Millennium Management LLC lifted its holdings in shares of Hallador Energy by 16.0% during the fourth quarter. Millennium Management LLC now owns 609,318 shares of the energy company’s stock valued at $11,601,000 after purchasing an additional 84,238 shares during the last quarter. Janus Henderson Group PLC acquired a new position in shares of Hallador Energy in the 4th quarter valued at $322,000. Finally, Apis Capital Advisors LLC boosted its position in shares of Hallador Energy by 7.0% in the 4th quarter. Apis Capital Advisors LLC now owns 914,000 shares of the energy company’s stock valued at $17,403,000 after purchasing an additional 60,000 shares during the period. 61.38% of the stock is owned by institutional investors.

Insider Transactions at Hallador Energy

In other Hallador Energy news, Director Charles Ray Iv Wesley purchased 20,000 shares of the firm’s stock in a transaction on Wednesday, December 17th. The shares were purchased at an average price of $17.83 per share, for a total transaction of $356,600.00. Following the completion of the transaction, the director owned 267,914 shares in the company, valued at $4,776,906.62. This represents a 8.07% increase in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Company insiders own 23.73% of the company’s stock.

Key Hallador Energy News

Here are the key news stories impacting Hallador Energy this week:

• Positive Sentiment: MISO accepted Hallador’s ERAS application for a 515 MW gas generation expansion — this supports growth visibility, underpins management’s plan for higher 2026 capex and could add future power sales. Hallador signals 515 MW gas expansion through ERAS
• Positive Sentiment: B. Riley upgraded HNRG from Neutral to Buy and raised its price target to $27, signaling materially higher upside expectations from some analysts. B. Riley upgrade coverage (Benzinga)
• Neutral Sentiment: Fiscal 2025 showed company-level improvement: total revenue +16% YoY to $469.5M, operating cash flow +23% to $81.1M, net income rose and adjusted EBITDA roughly tripled — evidence of underlying business strength. Company FY’25 results (GlobeNewswire)
• Neutral Sentiment: Q4 EPS of ($0.01) matched consensus, reducing surprise on the bottom line even as some top-line and margin metrics disappointed. Q4 loss report (Zacks)
• Negative Sentiment: Q4 margin compression and cash‑flow weakness: cost of sales jumped ~49% YoY, gross profit fell sharply, and operating cash from the quarter dropped materially — investors reacted negatively to squeezed near‑term profitability. Stock falls on Q4 earnings (Quiver)
• Negative Sentiment: Higher capex in Q4 and planned 2026 spending raise short‑term financing and execution risk (cash was modest ~ $10.1M in the quarter), while recent insider sales and mixed institutional flows add to near‑term pressure. Capex and insider activity summary (Quiver)

Hallador Energy Company Profile

Hallador Energy Company is a coal producer and mine operator trading on NASDAQ under the symbol HNRG. The company’s primary business activities center on the production and sale of bituminous thermal coal. Hallador’s operations encompass two surface mines: the Shoal Creek Mine located in southwestern Indiana and the Bull Mountain Mine situated in eastern Montana. Both sites are designed to extract high-quality coal reserves for the power generation market.

Hallador Energy markets its coal primarily to electric utilities and industrial customers across the United States.