Northland Securities Issues Positive Forecast for Hallador Energy (NASDAQ:HNRG) Stock Price

Hallador Energy (NASDAQ:HNRG) had its price objective upped by Northland Securities from $29.00 to $34.00 in a research report sent to investors on Thursday,Benzinga reports. Northland Securities currently has an outperform rating on the energy company’s stock.

A number of other research analysts have also commented on the company. Weiss Ratings restated a “sell (d-)” rating on shares of Hallador Energy in a research note on Thursday, January 22nd. Jefferies Financial Group started coverage on shares of Hallador Energy in a report on Tuesday. They issued a “hold” rating and a $17.50 price target on the stock. B. Riley Financial upgraded shares of Hallador Energy from a “neutral” rating to a “buy” rating and increased their price objective for the company from $23.00 to $27.00 in a research note on Friday, March 13th. Zacks Research downgraded shares of Hallador Energy from a “strong-buy” rating to a “hold” rating in a report on Monday, January 12th. Finally, Wall Street Zen lowered shares of Hallador Energy from a “hold” rating to a “sell” rating in a research report on Sunday, March 22nd. Three investment analysts have rated the stock with a Buy rating, three have issued a Hold rating and one has given a Sell rating to the stock. Based on data from MarketBeat, the stock has an average rating of “Hold” and a consensus price target of $26.63.

Hallador Energy Trading Up 4.3%

Shares of HNRG opened at $18.38 on Thursday. Hallador Energy has a 12-month low of $9.25 and a 12-month high of $24.70. The company has a quick ratio of 0.23, a current ratio of 0.81 and a debt-to-equity ratio of 0.19. The firm has a market capitalization of $864.23 million, a price-to-earnings ratio of 19.15 and a beta of 0.22. The stock’s 50-day moving average price is $18.67 and its 200 day moving average price is $19.42.

Hallador Energy (NASDAQ:HNRG) last announced its quarterly earnings data on Thursday, March 12th. The energy company reported ($0.01) EPS for the quarter, hitting analysts’ consensus estimates of ($0.01). Hallador Energy had a return on equity of 30.82% and a net margin of 8.92%.The company had revenue of $101.94 million during the quarter, compared to the consensus estimate of $105.48 million. As a group, research analysts predict that Hallador Energy will post -0.31 earnings per share for the current year.

Institutional Inflows and Outflows

Hedge funds have recently bought and sold shares of the stock. AQR Capital Management LLC lifted its holdings in shares of Hallador Energy by 1.9% during the first quarter. AQR Capital Management LLC now owns 103,534 shares of the energy company’s stock valued at $1,271,000 after acquiring an additional 1,950 shares during the period. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. grew its holdings in shares of Hallador Energy by 4.3% during the first quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 15,193 shares of the energy company’s stock worth $187,000 after purchasing an additional 624 shares during the last quarter. Millennium Management LLC grew its holdings in shares of Hallador Energy by 1,233.6% during the first quarter. Millennium Management LLC now owns 486,532 shares of the energy company’s stock worth $5,975,000 after purchasing an additional 450,049 shares during the last quarter. Empowered Funds LLC increased its stake in shares of Hallador Energy by 5.5% in the first quarter. Empowered Funds LLC now owns 246,106 shares of the energy company’s stock valued at $3,022,000 after buying an additional 12,921 shares in the last quarter. Finally, Acadian Asset Management LLC acquired a new stake in shares of Hallador Energy in the first quarter valued at $807,000. 61.38% of the stock is currently owned by institutional investors and hedge funds.

Key Hallador Energy News

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

• Positive Sentiment: Hallador announced a three‑year agreement to sell substantially all remaining accredited capacity for planning years 2026–summer 2028 at record pricing (~2x prior embedded levels), expected to generate about $86 million of cumulative revenue over the term. Hallador Energy Company Secures Record Capacity Pricing
• Positive Sentiment: Jefferies is reported to have upgraded Hallador to a “buy” on the back of positive capacity hedges and the recent high‑priced capacity deal, providing a near‑term catalyst from a large broker. Hallador Energy raised to buy at Jefferies
• Positive Sentiment: Northland Securities raised its price target to $34 (from $29) and set an “outperform” rating — implying substantial upside vs. the current share level and reinforcing the re‑rating narrative. Northland raises price target TickerReport coverage
• Neutral Sentiment: Analyst consensus still reads as “Hold” per aggregated reports; some coverage was recently initiated, and messaging has shifted quickly as new commercial details surfaced—investors should watch for formal published research notes for updated models. Consensus rating of Hold
• Negative Sentiment: Unusually heavy put‑option activity — about 16,827 puts traded (roughly a 1,504% jump vs. typical daily put volume) — signals significant hedging or bearish bets that could add downside pressure or volatility in the near term.

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.