Brokers Set Expectations for Hallador Energy Q3 Earnings

Hallador Energy Company (NASDAQ:HNRG) – Research analysts at Northland Securities dropped their Q3 2026 earnings per share estimates for shares of Hallador Energy in a research note issued on Tuesday, October 6th. Northland Securities analyst J. Grampp now forecasts that the energy company will post earnings of ($0.07) per share for the quarter, down from their previous estimate of ($0.02). The consensus estimate for Hallador Energy’s current full-year earnings is ($0.29) per share. Northland Securities also issued estimates for Hallador Energy’s Q4 2026 earnings at ($0.20) EPS, FY2026 earnings at ($0.79) EPS, Q1 2027 earnings at ($0.09) EPS, Q2 2027 earnings at ($0.56) EPS, Q3 2027 earnings at ($0.09) EPS, Q4 2027 earnings at ($0.31) EPS, FY2027 earnings at ($1.05) EPS and FY2028 earnings at ($0.29) EPS.

A number of other equities research analysts have also weighed in on the company. Weiss Ratings lowered Hallador Energy from a “hold (c-)” rating to a “sell (d-)” rating in a research note on Tuesday, August 18th. Zacks Research cut Hallador Energy from a “hold” rating to a “strong sell” rating in a research note on Wednesday, August 12th. Alliance Global Partners raised shares of Hallador Energy to a “strong-buy” rating in a research report on Friday, August 14th. Finally, Wall Street Zen lowered shares of Hallador Energy from a “sell” rating to a “strong sell” rating in a research note on Saturday, August 15th. Two analysts have rated the stock with a Strong Buy rating, two have given a Buy rating and two have issued a Sell rating to the stock. According to MarketBeat, Hallador Energy currently has a consensus rating of “Moderate Buy” and a consensus price target of $24.88.

Hallador Energy Stock Down 7.8%

Shares of NASDAQ HNRG opened at $13.65 on Thursday. The company has a debt-to-equity ratio of 0.21, a quick ratio of 0.24 and a current ratio of 0.72. Hallador Energy has a 1 year low of $13.19 and a 1 year high of $24.70. The stock’s 50-day simple moving average is $15.31 and its 200-day simple moving average is $16.37. The firm has a market cap of $643.46 million, a price-to-earnings ratio of 682.50 and a beta of 0.45.

Hallador Energy (NASDAQ:HNRG) last posted its earnings results on Monday, August 10th. The energy company reported ($0.32) EPS for the quarter, missing analysts’ consensus estimates of ($0.12) by ($0.20). Hallador Energy had a negative return on equity of 0.52% and a negative net margin of 0.20%.The firm had revenue of $101.51 million for the quarter, compared to analyst estimates of $90.33 million.

Institutional Investors Weigh In On Hallador Energy

A number of institutional investors have recently made changes to their positions in HNRG. BlackRock Inc. bought a new stake in shares of Hallador Energy during the 2nd quarter valued at about $49,594,000. Apis Capital Advisors LLC grew its holdings in shares of Hallador Energy by 7.0% during the fourth 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 last quarter. Dimensional Fund Advisors LP lifted its holdings in shares of Hallador Energy by 12.0% in the 1st quarter. Dimensional Fund Advisors LP now owns 1,022,983 shares of the energy company’s stock worth $16,658,000 after purchasing an additional 109,781 shares during the last quarter. Deutsche Bank AG acquired a new position in Hallador Energy during the 2nd quarter valued at approximately $13,534,000. Finally, Empyrean Capital Partners LP bought a new position in Hallador Energy during the 1st quarter worth $8,140,000. 61.38% of the stock is currently owned by institutional investors.

Hallador Energy News Summary

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

• Positive Sentiment: Hallador announced that subsidiary Hallador Power executed six-year capacity and energy agreements with an investment-grade MISO Zone 6 utility for deliveries from June 2029 through May 2035. The agreements, which require no regulatory approval, represent approximately $700 million in contracted sales and lift Hallador’s forward sales backlog to about $3 billion. The long-term commitments improve revenue visibility and could support the company’s power-generation business. Hallador Executes $700M Sale, Record Price Lifts Forward Sales to $3 Billion
• Negative Sentiment: Northland Securities significantly lowered its earnings outlook for Hallador. The firm cut its 2026 EPS forecast to a loss of $0.79 from a loss of $0.44, and reduced its 2027 forecast to a loss of $1.05 from a prior estimate of $0.27 profit. It also lowered projected third-quarter 2026 EPS to a loss of $0.07 from a loss of $0.02 and fourth-quarter EPS to a loss of $0.20 from a prior forecast of $0.10 profit.
• Negative Sentiment: The broader Northland forecast indicates continued losses through 2028, including estimated losses of $0.09 per share in first-quarter 2027, $0.56 in second-quarter 2027, $0.31 in fourth-quarter 2027, and $0.29 for full-year 2028. These revisions reinforce concerns about near-term profitability despite Hallador’s improved contracted-sales visibility.

Hallador Energy Company Profile

Hallador Energy, Inc is an energy company focused primarily on the production and marketing of thermal coal. Through its subsidiary Sunrise Coal, the company operates mining properties in the Illinois Basin, with activities concentrated in southwestern Indiana. Its coal is sold mainly to electric utilities and other industrial customers for use in power generation.

Hallador’s operations include the Oaktown and Carlisle mining complexes in Indiana, which produce coal for domestic energy markets.