Palomar Holdings, Inc. (PLMR)
Market Cap | 2.87B |
Revenue (ttm) | 503.50M |
Net Income (ttm) | 108.50M |
Shares Out | 26.47M |
EPS (ttm) | 4.22 |
PE Ratio | 25.68 |
Forward PE | 20.09 |
Dividend | n/a |
Ex-Dividend Date | n/a |
Volume | 159,963 |
Open | 107.18 |
Previous Close | 107.16 |
Day's Range | 105.66 - 108.45 |
52-Week Range | 54.50 - 109.44 |
Beta | 0.33 |
Analysts | Buy |
Price Target | 109.00 (+0.56%) |
Earnings Date | Nov 4, 2024 |
About PLMR
Palomar Holdings, Inc., a specialty insurance company, provides property and casualty insurance to residential and businesses in the United States. The company offers personal and commercial specialty property insurance products, including residential and commercial earthquake, fronting, commercial all risk, specialty homeowners, inland marine, Hawaii hurricane, and residential flood, as well as other products, such as assumed reinsurance. It markets and distributes its products through retail agents, wholesale brokers, program administrators, ... [Read more]
Financial Performance
In 2023, Palomar Holdings's revenue was $375.93 million, an increase of 14.93% compared to the previous year's $327.09 million. Earnings were $79.20 million, an increase of 51.81%.
Financial StatementsAnalyst Forecast
According to 7 analysts, the average rating for PLMR stock is "Buy." The 12-month stock price forecast is $109.0, which is an increase of 0.56% from the latest price.
News
Palomar Holdings, Inc. Appoints Benson Latham EVP, Head of Crop
LA JOLLA, Calif., Nov. 07, 2024 (GLOBE NEWSWIRE) -- Palomar Holdings, Inc. (NASDAQ: PLMR) (the “Company”) today announced that Benson Latham has been appointed Executive Vice President, Head of Crop, ...
Palomar Holdings, Inc. (PLMR) Q3 2024 Earnings Call Transcript
Palomar Holdings, Inc. (NASDAQ:PLMR) Q3 2024 Earnings Conference Call November 5, 2024 12:00 PM ET Company Participants Chris Uchida - Chief Financial Officer Mac Armstrong - Chairman and Chief Execu...
Palomar Holdings, Inc. Reports Third Quarter 2024 Results
LA JOLLA, Calif., Nov. 04, 2024 (GLOBE NEWSWIRE) -- Palomar Holdings, Inc. (NASDAQ:PLMR) (“Palomar” or “Company”) reported net income of $30.5 million, or $1.15 per diluted share, for the third quarte...
Palomar Holdings, Inc. Announces Third Quarter 2024 Financial Results Release Date and Conference Call
LA JOLLA, Calif., Oct. 28, 2024 (GLOBE NEWSWIRE) -- Palomar Holdings, Inc. (NASDAQ: PLMR) (the “Company”) today announced that it will release its third quarter 2024 results after the market close on ...
Palomar Health and Palomar Health Medical Group Partner With IKS Health to Leverage Cutting-Edge Healthcare Technology and Services to Drive a Holistic Transformation
DALLAS--(BUSINESS WIRE)--Palomar Health, a leading healthcare system providing services in North San Diego County, CA, and IKS Health, a provider of technology-enabled healthcare solutions and related...
The Mechanic Group, a Division of Specialty Program Group LLC, Announces Partnership with Palomar for "Best In Class" Security Alarm & Investigator Program
NEW YORK , Oct. 10, 2024 /PRNewswire/ -- The Mechanic Group, a division of Specialty Program Group (SPG), is proud to announce the enhancement of its "Best In Class" Security Alarm & Investigator Prog...
Palomar Holdings, Inc. Announces Strategic Hire to Further Expand its Casualty Franchise
LA JOLLA, Calif., Sept. 09, 2024 (GLOBE NEWSWIRE) -- Palomar Holdings, Inc. (NASDAQ: PLMR) (the “Company”) today announced that David Sapia has been appointed Executive Vice President, Head of E&S Cas...
Palomar Holdings, Inc. Announces Participation in the 2024 KBW Insurance Conference
LA JOLLA, Calif., Aug. 27, 2024 (GLOBE NEWSWIRE) -- Palomar Holdings, Inc. (NASDAQ: PLMR) (“Palomar”) today announced that Mac Armstrong, Chairman and Chief Executive Officer, and Chris Uchida, Chief ...
Palomar Holdings, Inc. Announces Pricing of Public Offering of Common Stock
LA JOLLA, Calif., Aug. 08, 2024 (GLOBE NEWSWIRE) -- Palomar Holdings, Inc. (“Palomar” or the “Company”) today announced the pricing of its previously announced underwritten public offering (the “Offer...
Palomar Holdings, Inc. Announces Proposed Public Offering of Common Stock
LA JOLLA, Calif., Aug. 08, 2024 (GLOBE NEWSWIRE) -- Palomar Holdings, Inc. (NASDAQ:PLMR) (“Palomar” or “Company”), today announced the underwritten public offering of 1,200,000 shares of the Company's...
AM Best Comments on Credit Ratings of First Indemnity of America Insurance Company Following Sale Announcement
OLDWICK, N.J.--(BUSINESS WIRE)-- #insurance--AM Best has commented that the Credit Ratings (ratings) of First Indemnity of America Insurance Company (FIA) remain unchanged following the Aug. 6, 2024, ...
Palomar Holdings, Inc. (PLMR) Q2 2024 Earnings Call Transcript
Palomar Holdings, Inc. (NASDAQ:PLMR) Q2 2024 Results Conference Call August 6, 2024 12:00 PM ET Company Participants Chris Uchida - Chief Financial Officer Mac Armstrong - Chairman and Chief Executiv...
Palomar Holdings, Inc. Reports Second Quarter 2024 Results
LA JOLLA, Calif., Aug. 05, 2024 (GLOBE NEWSWIRE) -- Palomar Holdings, Inc. (NASDAQ:PLMR) (“Palomar” or “Company”) reported net income of $25.7 million, or $1.00 per diluted share, for the second quart...
AM Best Upgrades Credit Ratings for Palomar Holdings, Inc. and Its Member Companies
OLDWICK, N.J.--(BUSINESS WIRE)--AM Best has upgraded the Long-Term Issuer Credit Rating (Long-Term ICR) to “bbb” (Good) from “bbb-” (Good) of Palomar Holdings, Inc. (Palomar) (Delaware) [NASDAQ: PLMR]...
Palomar Holdings, Inc. Announces Second Quarter 2024 Financial Results Release Date and Conference Call
LA JOLLA, Calif., July 24, 2024 (GLOBE NEWSWIRE) -- Palomar Holdings, Inc. (NASDAQ: PLMR) (the “Company”) today announced that it will release its second quarter 2024 results after the market close on...
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After years of dominance by the largest tech companies in the U.S. stock market, interest is spreading to overlooked companies that might be a better value for investors looking to diversify, lower th...
Palomar Holdings, Inc. Announces Appointments to Executive Leadership Team
LA JOLLA, Calif., June 20, 2024 (GLOBE NEWSWIRE) -- Palomar Holdings, Inc. (NASDAQ: PLMR) (“Palomar” or the “Company”) today announced that Tim Carter has been appointed Chief People Officer, effectiv...
Palomar Holdings, Inc. Announces Participation in the William Blair 44th Annual Growth Stock Conference
LA JOLLA, Calif., May 29, 2024 (GLOBE NEWSWIRE) -- Palomar Holdings, Inc. (NASDAQ: PLMR) (“Palomar”) today announced that Mac Armstrong, Chairman and Chief Executive Officer, and Chris Uchida, Chief F...
Palomar Holdings, Inc. Announces Successful Completion of June 1 Reinsurance Renewal
~ Full Year 2024 Adjusted Net Income Guidance Increased to $122 Million to $128 Million ~ LA JOLLA, Calif., May 28, 2024 (GLOBE NEWSWIRE) -- Palomar Holdings, Inc. (NASDAQ: PLMR) (“Palomar” or the “Co...
Palomar: Above-Expectations Q1 Results Point To A Positive Outlook
Palomar's normalized earnings per share grew by +36% YoY in Q1 2024, and this represented a +16% bottom line beat.
Palomar Holdings, Inc. (PLMR) Q1 2024 Earnings Call Transcript
Palomar Holdings, Inc. (NASDAQ:PLMR) Q1 2024 Earnings Conference Call May 3, 2024 11:00 AM ET Company Participants Chris Uchida - Chief Financial Officer Mac Armstrong - Chairman and Chief Executive ...
Palomar Holdings, Inc. Reports First Quarter 2024 Results
LA JOLLA, Calif., May 02, 2024 (GLOBE NEWSWIRE) -- Palomar Holdings, Inc. (NASDAQ:PLMR) (“Palomar” or “Company”) reported net income of $26.4 million, or $1.04 per diluted share, for the first quarter...
Palomar Holdings, Inc. Announces First Quarter 2024 Financial Results Release Date and Conference Call
LA JOLLA, Calif., April 23, 2024 (GLOBE NEWSWIRE) -- Palomar Holdings, Inc. (NASDAQ: PLMR) (the “Company”) today announced that it will release its first quarter 2024 results after the market close on...
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