Is Hallmark Financial Services (HALL) Outperforming Other Finance Stocks This Year?

HALL

Investors focused on the Finance space have likely heard of Hallmark Financial Services (HALL - Free Report) , but is the stock performing well in comparison to the rest of its sector peers? One simple way to answer this question is to take a look at the year-to-date performance of HALL and the rest of the Finance group's stocks.

Hallmark Financial Services is one of 826 companies in the Finance group. The Finance group currently sits at #11 within the Zacks Sector Rank. The Zacks Sector Rank considers 16 different groups, measuring the average Zacks Rank of the individual stocks within the sector to gauge the strength of each group.

The Zacks Rank is a proven system that emphasizes earnings estimates and estimate revisions, highlighting a variety of stocks that are displaying the right characteristics to beat the market over the next one to three months. HALL is currently sporting a Zacks Rank of #2 (Buy).

Over the past 90 days, the Zacks Consensus Estimate for HALL's full-year earnings has moved 8.57% higher. This shows that analyst sentiment has improved and the company's earnings outlook is stronger.

According to our latest data, HALL has moved about 2.30% on a year-to-date basis. At the same time, Finance stocks have lost an average of 2.01%. This shows that Hallmark Financial Services is outperforming its peers so far this year.

Breaking things down more, HALL is a member of the Insurance - Property and Casualty industry, which includes 48 individual companies and currently sits at #183 in the Zacks Industry Rank. Stocks in this group have lost about 0.16% so far this year, so HALL is performing better this group in terms of year-to-date returns.

Going forward, investors interested in Finance stocks should continue to pay close attention to HALL as it looks to continue its solid performance.

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