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

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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? Let's take a closer look at the stock's year-to-date performance to find out.

Hallmark Financial Services is a member of the Finance sector. This group includes 843 individual stocks and currently holds a Zacks Sector Rank of #9. The Zacks Sector Rank considers 16 different sector groups. The average Zacks Rank of the individual stocks within the groups is measured, and the sectors are listed from best to worst.

The Zacks Rank is a successful stock-picking model that emphasizes earnings estimates and estimate revisions. The system highlights a number of different stocks that could be poised to outperform the broader 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 2.46% higher. This means that analyst sentiment is stronger and the stock's earnings outlook is improving.

Based on the most recent data, HALL has returned 76.61% so far this year. In comparison, Finance companies have returned an average of 16.66%. This means that Hallmark Financial Services is outperforming the sector as a whole this year.

To break things down more, HALL belongs to the Insurance - Property and Casualty industry, a group that includes 42 individual companies and currently sits at #163 in the Zacks Industry Rank. On average, this group has gained an average of 9.94% so far this year, meaning that HALL is performing better in terms of year-to-date returns.

HALL will likely be looking to continue its solid performance, so investors interested in Finance stocks should continue to pay close attention to the company.


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