Palomar Holdings, Inc. (PLMR)

NASDAQ: PLMR · Real-Time Price · USD
104.93
+1.12 (1.08%)
Dec 20, 2024, 4:00 PM EST - Market closed
1.08%
Market Cap 2.78B
Revenue (ttm) 503.50M
Net Income (ttm) 108.50M
Shares Out 26.47M
EPS (ttm) 4.22
PE Ratio 24.86
Forward PE 19.45
Dividend n/a
Ex-Dividend Date n/a
Volume 162,407
Open 102.05
Previous Close 103.81
Day's Range 100.31 - 105.65
52-Week Range 54.50 - 112.90
Beta 0.37
Analysts Buy
Price Target 111.67 (+6.42%)
Earnings Date Feb 12, 2025

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]

Sector Financials
IPO Date Apr 17, 2019
Employees 213
Stock Exchange NASDAQ
Ticker Symbol PLMR
Full Company Profile

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 Statements

Analyst Forecast

According to 7 analysts, the average rating for PLMR stock is "Buy." The 12-month stock price forecast is $111.67, which is an increase of 6.42% from the latest price.

Price Target
$111.67
(6.42% upside)
Analyst Consensus: Buy
Stock Forecasts

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, ...

6 weeks ago - GlobeNewsWire

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...

6 weeks ago - Seeking Alpha

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...

6 weeks ago - GlobeNewsWire

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 ...

7 weeks ago - GlobeNewsWire

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...

2 months ago - Business Wire

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...

2 months ago - PRNewsWire

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...

3 months ago - GlobeNewsWire

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 ...

4 months ago - GlobeNewsWire

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...

4 months ago - GlobeNewsWire

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...

4 months ago - GlobeNewsWire

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, ...

4 months ago - Business Wire

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...

4 months ago - Seeking Alpha

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...

4 months ago - GlobeNewsWire

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]...

5 months ago - Business Wire

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...

5 months ago - GlobeNewsWire

These small-cap stocks score highest when screened for quality

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...

5 months ago - Market Watch

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...

6 months ago - GlobeNewsWire

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...

7 months ago - GlobeNewsWire

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...

7 months ago - GlobeNewsWire

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.

8 months ago - Seeking Alpha

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 ...

8 months ago - Seeking Alpha

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...

8 months ago - GlobeNewsWire

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...

8 months ago - GlobeNewsWire

Financial Stock On The Move: Palomar Holdings (SA Quant)

The March 3.5% CPI reading came in hot, suggesting the Fed will avoid cutting interest rates until September. Equities typically perform poorly in rising-rate environments, yet the insurance industry ...

8 months ago - Seeking Alpha

Top 10 Small-Cap Stocks (SA Quant)

The prevailing market sentiment is currently fueled by the allure of "The Magnificent 7" and stocks with high upside potential. Over the last 52 weeks, the S&P 500 is up ~28% compared to the S&P Small...

10 months ago - Seeking Alpha