Kevin Kasitz - Hallmark Financial President
| HALLDelisted Stock | USD 0.69 0.11 13.75% |
President
Mr. Kevin T. Kasitz is no longer as Executive Vice President President of Standard Commercial of Hallmark Financial Services Inc effective September 2 2016. He was named an Executive Vice President of the Company effective April 2006 and served as Chief Operating Officer from December 2006 until December 2014 when the position was eliminated. He has also served as the President of the Standard Commercial business unit a functional division of the Company handling standard lines commercial insurance since April 2003. Prior to joining the Company Mr. Kasitz had since 1991 been employed by Benfield Blanch Inc. a reinsurance intermediary where he served as a Senior Vice President in the Program Services division and Alternative Distribution division a Vice President in the Alternative Distribution division and a Manager in the Wholesale Insurance Services division . From 1989 to 1991 he was a personal lines underwriter for Continental Insurance Company and from 1986 to 1989 was an internal auditor for National County Mutual Insurance Company a regional nonstandard automobile insurer.
| Age | 51 |
| Phone | 817 348 1600 |
| Web | https://www.hallmarkgrp.com |
Hallmark Financial Management Efficiency
The company has return on total asset (ROA) of (0.0455) % which means that it has lost $0.0455 on every $100 spent on assets. This is way below average. Similarly, it shows a return on stockholder's equity (ROE) of (3.575) %, meaning that it created substantial loss on money invested by shareholders. Hallmark Financial's management efficiency ratios could be used to measure how well Hallmark Financial manages its routine affairs as well as how well it operates its assets and liabilities.The company currently holds 105.36 M in liabilities with Debt to Equity (D/E) ratio of 1.25, which is about average as compared to similar companies. Hallmark Financial has a current ratio of 0.63, indicating that it has a negative working capital and may not be able to pay financial obligations when due. Debt can assist Hallmark Financial until it has trouble settling it off, either with new capital or with free cash flow. So, Hallmark Financial's shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like Hallmark Financial sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Hallmark to invest in growth at high rates of return. When we think about Hallmark Financial's use of debt, we should always consider it together with cash and equity.
Similar Executives
| Showing other executives | PRESIDENT Age | ||
| Ryan Greenier | Horace Mann Educators | N/A | |
| Timothy Johns | Heritage Insurance Hldgs | 67 | |
| Bret Benham | Horace Mann Educators | 57 | |
| Matthew Sharpe | Horace Mann Educators | 62 | |
| Richard Kelley | Donegal Group A | 63 | |
| Andrew Petcoff | Conifer Holding | 40 | |
| Heather Wietzel | Horace Mann Educators | N/A | |
| CPCU CIC | Donegal Group A | 59 | |
| William Folmar | Donegal Group B | 65 | |
| Anthony Saravanos | HCI Group | 53 | |
| Daniel Wagner | Donegal Group B | 63 | |
| CPCU CIC | Donegal Group B | 59 | |
| Sharon Binnun | Heritage Insurance Hldgs | 62 | |
| Paul Neilson | Heritage Insurance Hldgs | 60 | |
| Kelly Stacy | Horace Mann Educators | 58 | |
| Nicholas Petcoff | Conifer Holding | 43 | |
| Joseph Peiso | Heritage Insurance Hldgs | 65 | |
| Andrew Graham | HCI Group | 66 | |
| Sandra Figurski | Horace Mann Educators | 53 | |
| Jeffery Hay | Donegal Group A | 48 | |
| Brian Roney | Conifer Holding | 49 | |
Management Performance
| Return On Equity | -3.57 | ||||
| Return On Asset | -0.0455 |
Hallmark Financial Leadership Team
Elected by the shareholders, the Hallmark Financial's board of directors comprises two types of representatives: Hallmark Financial inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Hallmark. The board's role is to monitor Hallmark Financial's management team and ensure that shareholders' interests are well served. Hallmark Financial's inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, Hallmark Financial's outside directors are responsible for providing unbiased perspectives on the board's policies.
| Mark Schwarz, Executive Chairman | ||
| Peter McKeegan, VP Liability | ||
| Christopher CPA, CFO Pres | ||
| William Dunn, VP Officer | ||
| Kevin Kasitz, Executive VP and President of Personal Segment and President of Standard Commercial and COO - Millers General Agency Inc | ||
| Jeffrey Passmore, Principal Financial Officer, Chief Accounting Officer and Sr. VP | ||
| Mark Pape, Independent Director | ||
| Tarek Timol, Chief Operations | ||
| Janet Gustafson, VP Compliance | ||
| Barbara Sinclair, VP Leader | ||
| Michael Gramm, VP Auto | ||
| Jim Henderson, Independent Director | ||
| AU AIS, VP Casualty | ||
| Scott Berlin, Independent Director | ||
| James Graves, Independent Director | ||
| Naveen Anand, CEO and Pres | ||
| Pavinee Hat, Chief Officer |
Hallmark Stock Performance Indicators
The ability to make a profit is the ultimate goal of any investor. But to identify the right pink sheet is not an easy task. Is Hallmark Financial a good investment? Although profit is still the single most important financial element of any organization, multiple performance indicators can help investors identify the equity that they will appreciate over time.
| Return On Equity | -3.57 | ||||
| Return On Asset | -0.0455 | ||||
| Profit Margin | (0.48) % | ||||
| Operating Margin | (0.34) % | ||||
| Current Valuation | 31.55 M | ||||
| Shares Outstanding | 1.82 M | ||||
| Shares Owned By Insiders | 14.12 % | ||||
| Shares Owned By Institutions | 27.88 % | ||||
| Number Of Shares Shorted | 11.88 K | ||||
| Price To Earning | 4.04 X |
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Hallmark Financial in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Hallmark Financial's short interest history, or implied volatility extrapolated from Hallmark Financial options trading.
Building efficient market-beating portfolios requires time, education, and a lot of computing power!
The Portfolio Architect is an AI-driven system that provides multiple benefits to our users by leveraging cutting-edge machine learning algorithms, statistical analysis, and predictive modeling to automate the process of asset selection and portfolio construction, saving time and reducing human error for individual and institutional investors.
Try AI Portfolio ArchitectCheck out Risk vs Return Analysis to better understand how to build diversified portfolios. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in bureau of economic analysis. You can also try the USA ETFs module to find actively traded Exchange Traded Funds (ETF) in USA.
Other Consideration for investing in Hallmark Pink Sheet
If you are still planning to invest in Hallmark Financial check if it may still be traded through OTC markets such as Pink Sheets or OTC Bulletin Board. You may also purchase it directly from the company, but this is not always possible and may require contacting the company directly. Please note that delisted stocks are often considered to be more risky investments, as they are no longer subject to the same regulatory and reporting requirements as listed stocks. Therefore, it is essential to carefully research the Hallmark Financial's history and understand the potential risks before investing.
| Portfolio Suggestion Get suggestions outside of your existing asset allocation including your own model portfolios | |
| Portfolio Optimization Compute new portfolio that will generate highest expected return given your specified tolerance for risk | |
| Funds Screener Find actively-traded funds from around the world traded on over 30 global exchanges | |
| Latest Portfolios Quick portfolio dashboard that showcases your latest portfolios | |
| Risk-Return Analysis View associations between returns expected from investment and the risk you assume | |
| Economic Indicators Top statistical indicators that provide insights into how an economy is performing | |
| Portfolio Anywhere Track or share privately all of your investments from the convenience of any device | |
| Portfolio Rebalancing Analyze risk-adjusted returns against different time horizons to find asset-allocation targets | |
| Pattern Recognition Use different Pattern Recognition models to time the market across multiple global exchanges | |
| Portfolio Analyzer Portfolio analysis module that provides access to portfolio diagnostics and optimization engine | |
| CEOs Directory Screen CEOs from public companies around the world |