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HNRG Stock Forecast: Hallador Energy Co. Price Predictions for 2026-2027

Last close, 14 Oct 2026
$12
−10.97% on the day

The 3 Wall Street analysts covering Hallador Energy Co. hold a median 12-month price target of $28 — +125.4% from the last close. Ticker Nerd's systematic factor model, run across ~4,600 US stocks, ranks it 21 of 100 as at 14 Oct 2026 — in the weakest quartile. The Street sees upside; the factor read is a caution. That gap is the story on this page.

Market cap
$657.6M
Ticker Nerd rank
21 / 100
Median analyst target
$28
Analysts covering
3
Revenue$101.5M−1.3% y/y
Operating income−$12.6M
Net income−$15.2M
Free cash flow−$50.1M
Quarterly, 8 quarters to 30 June 2026 · latest quarter's figure shown
Total return, dividends reinvested
1W
−9.0%
1M
−14.2%
YTD
−34.8%
1Y
−42.0%
From 52W high
−47.8%
From 52W low
0.0%
$12
$24
52-week range, adjusted closes · the dot is the last close
Ticker Nerd rank

HNRG stock analysis: one number for the whole business

Consensus tells you what everyone already believes. The model scores Hallador Energy Co. on its factor families — the same systematic rank behind the Ticker Nerd portfolio.

Where the model ranks itAs at 14 Oct 2026
21 / 100

Percentile across ~4,600 US stocks on Ticker Nerd’s systematic factor model. Higher is better. How the model is built and tested

Quality
61
Issuance
58
Size
50
Accruals
47
Growth
41
Revisions
30
Momentum
28
Value
15
Volatility
4

Quality (61): The business earns solid, repeatable profits on what it owns.

Volatility (4): The share price moves around a lot.

Built and run by Aslam Ghouse, an ex-Goldman Sachs quant trader with fourteen years in markets.

Wall Street

HNRG stock forecast 2026-2027: analyst price targets & predictions

The bullish and bearish analyst opinions on HNRG, reported as data — targets and ratings, the market's view beside the model's.

Share price and the analyst range, 12 monthsAdjusted close, US dollars
$10$15$20$25$30Jan 26Apr 26Jul 26Oct 26HNRGHigh $29Median $28Low $27

Price targets and ratings are third-party analyst estimates, reported here as data. They are not Ticker Nerd forecasts, and they are frequently wrong.

Data provided by Twelve Data

What Wall Street says3 analysts
3 Buy0 Hold0 Sell
Low $27Median $28High $29

The green dot is the last close — the median target sits +125.4% from it.

Recent analyst actionsNewest first
DateFirmActionRatingTarget
26 Mar 2026Northland Capital MarketsMaintainsOutperform$29 → $34
24 Mar 2026JefferiesInitiatesHold$18
13 Mar 2026B. Riley SecuritiesUpgradeBuy—
25 Sept 2025Texas Capital SecuritiesInitiatesBuy—
13 Aug 2025B. Riley SecuritiesDowngradeNeutral—
19 May 2025Northland Capital MarketsInitiatesOutperform—
1 Apr 2025B. Riley SecuritiesMaintainsBuy—
9 Dec 2024Alliance Global PartnersInitiatesBuy—
13 Nov 2024B. Riley SecuritiesMaintainsBuy—
30 May 2024B. Riley SecuritiesUpgradeBuy—
30 Aug 2023B. Riley SecuritiesMaintainsNeutral—
17 Jan 2023B. Riley SecuritiesDowngradeNeutral—
25 Mar 2020B. Riley FBRMaintainsBuy—
24 Mar 2020B. Riley FBRMaintainsBuy—
24 Mar 2020B. Riley SecuritiesMaintainsBuy—
5 May 2018B. Riley FBRMaintainsBuy—
8 Nov 2017B. Riley FBRMaintainsBuy—
8 Nov 2017B. Riley SecuritiesMaintainsBuy—
18 Sept 2015FBR CapitalInitiatesOutperform—
29 July 2015BB&T CapitalDowngradeHold—

Price targets and ratings are third-party analyst estimates, reported here as data. They are not Ticker Nerd forecasts, and they are frequently wrong.

Market Radar

This page is one stock. Monday covers all of them.

Computed off the Friday close and sent before the US open.

Market Radar reports the week’s largest rank changes across roughly 4,600 US stocks, the factor behind each one, and where the market went. HNRG appears on the weeks it earns a place.

Free, every Monday. Unsubscribe any time.

Performance

HNRG vs the S&P 500

Both lines are total return — dividends reinvested — so the comparison is honest on both sides.

Over the twelve months to 14 Oct 2026, Hallador Energy Co. returned −42.0% against +17.5% for the S&P 500, dividends included.

HNRG vs S&P 500, last 12 monthsTotal return, rebased to 100
6080100120Jan 26Apr 26Jul 26Oct 26HNRGS&P 500

Download this chart as an image — free to reuse; link this page as the source.

Data provided by Twelve Data

Estimates

HNRG analyst estimate revisions

Not the forecast itself — the direction analysts are revising it. Revision direction is one of the model's factor families.

Which way the estimates are movingNext fiscal year
EPS revision, 90 days
−279.3%
Analysts raising
0
Analysts cutting
3
Fundamentals

Hallador Energy Co. (HNRG) financial data

A margin means little on its own. Each bar marks where the figure sits across the whole US universe we score.

Valuation
Trailing P/E
697.5×

Cheaper than 1% of US stocks

Price / sales
1.4×

Cheaper than 59% of US stocks

Price / book
3.5×

Cheaper than 27% of US stocks

EV / EBITDA
11.8×

Cheaper than 31% of US stocks

Growth & margins
Revenue growth (YoY)
−1.3%

Higher than 25% of US stocks

Earnings growth (YoY)
−1.3%

Higher than 35% of US stocks

Gross margin
37.7%

Higher than 46% of US stocks

Operating margin
−12.5%

Higher than 23% of US stocks

Net margin
−0.2%

Higher than 30% of US stocks

Returns & dividend
Return on equity
−0.6%

Higher than 43% of US stocks

Return on assets
2.1%

Higher than 59% of US stocks

Dividend yield
1.1%

Higher than 72% of US dividend payers

Bars mark the percentile across the ~4,600 US stocks Ticker Nerd covers, among those reporting the figure.

Key statistics

Hallador Energy Co. (HNRG) statistics: revenue, profit & scale

The headline figures, each with its date. Every row carries its own link — cite it straight from here.

  • Hallador Energy Co. has a market value of $657.6M and an enterprise value of $676.4M.

  • Revenue in the twelve months to 30 June 2026: $452.1M. The latest quarter shrank 1.3% year on year.

  • Net income over the same four quarters: −$912K, a −0.2% net margin.

  • Free cash flow in the twelve months to 30 June 2026: −$50.5M, after $78.4M of capital spending.

  • Shares outstanding: 47.1M.

  • Trailing P/E: 697.5×; forward P/E: 64.4× — the forward figure prices analyst consensus estimates, not reported earnings.

  • Forward dividend yield: 1.15%, paying out 0% of earnings.

  • Hallador Energy Co. employs 633 people — $714K of revenue per employee.

Statement figures: company filings via Twelve Data, four quarters to 30 June 2026 · market figures as at 15 Oct 2026

Data provided by Twelve Data

Peers

HNRG vs competitors

The nearest names by industry and size, scored by the same model — like for like.

Its peer group, ranked by the same modelUtilities - Independent Power Producers
CompanyMarket capTKN rank
HNRGHallador Energy Co.$657.6M
21
ONENONE Nuclear Energy, Inc.$177.5M
37
KENKenon Holdings Ltd.$3.2B
21
OKLOOklo, Inc.$5.4B
2
NRGVEnergy Vault Holdings, Inc.*$527.3M
38
YORWThe York Water Co.*$496.2M
66
CWCOConsolidated Water Co. Ltd.*$465.4M
77

* Nearest Utilities names by size — few utilities - independent power producers companies of this scale trade in the US universe.

Look up any of the roughly 4,600 stocks we score.

The rank is the raw material. Whether the rules would actually own Hallador Energy Co. — and when they’d sell — is the membership. See the Ticker Nerd 20 →

News

Latest HNRG news & analysis

Hallador Executes $700M Sale, Record Price Lifts Forward Sales to $3 Billion

Business Wire · 8 Oct 2026positive

Hallador Power executed six-year capacity and energy agreements with an investment-grade MISO Zone 6 utility for deliveries from the Merom Generating Station from June 1, 2029, through May 31, 2035. The agreements are effective upon signing and require no regulatory approval.

Why it matters — The agreements set out a multi-year commitment for capacity and energy deliveries from Hallador’s Merom Generating Station.

Hallador Secures Up to $675 Million Debt Financing for Turtle Creek Gas

GlobeNewsWire · 17 Sept 2026positive

Hallador Energy announced it closed a $600 million senior secured term loan facility on September 15, 2026, part of up to $675 million in debt financing to fund the Turtle Creek gas project. The facilities are expected to fund the majority of the project's estimated cost, which is below $800 million.

Why it matters — The financing provides a credible funding pathway for the Turtle Creek project, which is a significant capital undertaking for Hallador.

Hallador Energy Company (HNRG) Q2 2026 Earnings Call Transcript

Seeking Alpha · 11 Aug 2026neutral

Seeking Alpha published the transcript of Hallador Energy Company's (HNRG) Q2 2026 earnings call. The item presents the company's quarterly earnings call transcript for review.

Why it matters — A HNRG watcher would care because the transcript provides direct access to management's discussion of the company's second-quarter 2026 results.

Hallador Energy Q2 Earnings Call Highlights

MarketBeat · 10 Aug 2026neutral

Hallador Energy reported a second-quarter net loss, attributed to a planned maintenance outage and limited unplanned downtime at its Merom power plant that affected profitability. Management highlighted progress on the proposed Turtle Creek natural gas generation project and its expanding long-term contracted sales position.

Why it matters — HNRG watchers would care because the quarterly loss and plant downtime weigh on near-term results, while the Turtle Creek project and growing contracted sales could shape the company's future outlook.

Hallador Energy (HNRG) Reports Q2 Loss, Beats Revenue Estimates

Zacks Investment Research · 10 Aug 2026negative

Hallador Energy reported a second-quarter loss of $0.32 per share, wider than the Zacks Consensus Estimate of a $0.12 loss, and a decline from earnings of $0.19 per share in the same quarter last year.

Why it matters — The result significantly missed analyst expectations and reversed a year-ago profit, signaling weaker operational performance.

FAQ

Frequently asked questions about HNRG stock

What is the HNRG stock price forecast for 2026-2027?

The 3 Wall Street analysts covering Hallador Energy Co. have a median 12-month price target of $28, with estimates ranging from $27 to $29. These are third-party analyst estimates, not Ticker Nerd forecasts, and they are frequently wrong.

Is HNRG stock a buy right now?

Of the 3 analysts covering Hallador Energy Co., 3 rate it a Buy, 0 a Hold and 0 a Sell. Ticker Nerd's systematic factor model ranks Hallador Energy Co. 21 out of 100 across roughly 4,600 US stocks as at 14 Oct 2026. None of this is personal advice — it does not consider your circumstances.

How does Ticker Nerd's model rank HNRG?

As at 14 Oct 2026, Hallador Energy Co. ranks 21 out of 100 on Ticker Nerd's systematic factor model — a percentile across roughly 4,600 US stocks, built from its factor families. Its strongest factor family is Quality (61 of 100).

Will HNRG stock go up?

No one can know that. What the data says: the median 12-month target from 3 analysts implies +125.4% from the last close, and Ticker Nerd's factor model ranks Hallador Energy Co. 21 out of 100 as at 14 Oct 2026. Analyst targets are third-party estimates and frequently wrong; none of this is personal advice.

What is the HNRG stock forecast for 2030?

No analyst covering Hallador Energy Co. publishes a 2030 price target — Wall Street targets run 12 to 18 months out. Sites quoting a 2030 price for HNRG are extrapolating price history, which says nothing about the business. The furthest attributed numbers are the current analyst targets: $27 to $29 over the next 12 months.

How has HNRG stock performed over the past year?

Hallador Energy Co. returned -42.0% over the 12 months to 14 Oct 2026, with dividends reinvested. Past performance does not indicate future returns.

What does Hallador Energy Co. do?

Hallador Energy Co. is a vertically integrated independent power producer and fuel company based in Terre Haute, Indiana.

What is the latest news on HNRG?

The most recent item we track (Business Wire, 8 Oct 2026): "Hallador Executes $700M Sale, Record Price Lifts Forward Sales to $3 Billion". Hallador Power executed six-year capacity and energy agreements with an investment-grade MISO Zone 6 utility for deliveries from the Merom Generating Station from June 1, 2029, through May 31, 2035. The agreements are effective upon signing and require no regulatory approval.

Company

About Hallador Energy Co.

Hallador Energy Co. is a vertically integrated independent power producer and fuel company based in Terre Haute, Indiana. Its current business is centered on two core segments: coal operations and electric operations. Through Sunrise Coal, the company produces bituminous coal from underground and surface mines in Indiana to supply power generators and other industrial customers. Through Hallador Power, it operates the Merom Generating Station, providing electricity and capacity to utilities and other market participants within the Midcontinent Independent System Operator footprint. Hallador Energy Co. serves the wholesale energy market with products tied to both fuel supply and power generation, positioning it as a combined coal-and-power business in the U.S. energy sector.

CEO Mr. Brent K. Bilsland · 633 employees · United States · https://www.halladorenergy.com