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Palomar Holdings, Inc. (PLMR)

NASDAQ: PLMR · IEX Real-Time Price · USD
84.87 -1.58 (-1.83%)
Sep 20, 2021 10:50 AM EDT - Market open
Market Cap2.20B
Revenue (ttm)194.25M
Net Income (ttm)11.44M
Shares Out25.48M
EPS (ttm)0.44
PE Ratio192.89
Forward PEn/a
Dividendn/a
Ex-Dividend Daten/a
Volume17,791
Open83.73
Previous Close86.45
Day's Range83.73 - 87.15
52-Week Range61.01 - 115.40
Beta-0.28
AnalystsBuy
Price Target93.00 (+9.6%)
Est. Earnings DateNov 9, 2021

About PLMR

Palomar Holdings, Inc., an insurance holding company, provides specialty property insurance to residential and commercial customers. The company offers personal and commercial specialty property insurance products, including residential and commercial earthquake, commercial all risk, specialty homeowners, inland marine, Hawaii hurricane, and residential flood, as well as other products, such as assumed reinsurance, commercial flood, real estate error and omission, and real estate investor products. It markets and distributes its products throug...

IndustryInsurance
IPO DateApr 17, 2019
Employees122
Stock ExchangeNASDAQ
Ticker SymbolPLMR
Full Company Profile

Financial Performance

In 2020, PLMR's revenue was $168.46 million, an increase of 48.69% compared to the previous year's $113.30 million. Earnings were $6.26 million, a decrease of -41.09%.

Financial Statements

Analyst Forecast

According to 8 analysts, the average rating for PLMR stock is "Buy." The 12-month stock price forecast is 93.00, which is an increase of 9.58% from the latest price.

Price Target
$93.00
(9.58% upside)
Analyst Consensus: Buy

News

Palomar Holdings, Inc. Announces Entry into the Fronting Sector of the U.S. Insurance Market

LA JOLLA, Calif., Sept. 08, 2021 (GLOBE NEWSWIRE) -- Palomar Holdings, Inc. (NASDAQ: PLMR) (“Palomar” or the “Company”) an A.M. Best rated “A-IX” specialty insurer, today announced that it has entered t...

1 week ago - GlobeNewsWire

Why Is Palomar (PLMR) Up 16.6% Since Last Earnings Report?

Palomar (PLMR) reported earnings 30 days ago. What's next for the stock?

2 weeks ago - Zacks Investment Research

Palomar Holdings, Inc. Announces Key Additions to its Underwriting and Reinsurance Teams

LA JOLLA, Calif., Sept. 02, 2021 (GLOBE NEWSWIRE) -- Palomar Holdings, Inc. (NASDAQ: PLMR) (“Palomar” or the “Company”) today announced that it has made three strategic hires to expand its existing unde...

2 weeks ago - GlobeNewsWire

Palomar (PLMR) Poised to Gain From Solid Top-Line Growth

Palomar (PLMR) is poised to grow, given its strong premium retention rates, higher average balance of investments and effective capital deployment.

2 weeks ago - Zacks Investment Research

Palomar Holdings, Inc. Announces Virtual Participation at Barclays Global Financial Services Conference

LA JOLLA, Calif., Aug. 31, 2021 (GLOBE NEWSWIRE) -- Palomar Holdings, Inc. (NASDAQ: PLMR) (the “Company”) today announced that Mac Armstrong, Chairman and Chief Executive Officer, and Chris Uchida, Chie...

2 weeks ago - GlobeNewsWire

Palomar (PLMR) Q2 Earnings Top Estimates, Revenues Rise Y/Y

Palomar (PLMR) Q2 results reflect higher premiums and net investment income, partially offset by higher expenses.

1 month ago - Zacks Investment Research

Palomar (PLMR) Q2 Earnings and Revenues Beat Estimates

Palomar (PLMR) delivered earnings and revenue surprises of 2.00% and 2.16%, respectively, for the quarter ended June 2021. Do the numbers hold clues to what lies ahead for the stock?

1 month ago - Zacks Investment Research

Palomar Holdings, Inc. Reports Second Quarter 2021 Results

LA JOLLA, Calif., Aug. 04, 2021 (GLOBE NEWSWIRE) -- Palomar Holdings, Inc. (NASDAQ:PLMR) (“Palomar” or “Company”) reported net income of $12.3 million, or $0.47 per diluted share, for the second quarter...

1 month ago - GlobeNewsWire

Palomar Holdings, Inc. Announces Second Quarter 2021 Financial Results Release Date and Conference Call

LA JOLLA, Calif, July 28, 2021 (GLOBE NEWSWIRE) -- Palomar Holdings, Inc. (NASDAQ: PLMR) (the “Company”) today announced that it will release its second quarter 2021 results after the market close on We...

1 month ago - GlobeNewsWire

Earnings Preview: Palomar (PLMR) Q2 Earnings Expected to Decline

Palomar (PLMR) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

1 month ago - Zacks Investment Research

Palomar Holdings, Inc. Elects Daina Middleton to its Board of Directors

LA JOLLA, Calif., July 26, 2021 (GLOBE NEWSWIRE) -- Palomar Holdings, Inc. (NASDAQ: PLMR) (“Palomar” or the “Company”) announced today that Daina Middleton has been elected to the Company's Board of Dir...

1 month ago - GlobeNewsWire

Here's Why You Should Retain Palomar (PLMR) in Your Portfolio

Palomar (PLMR) is poised to grow, given its strong premium retention rates, new business, effective capital deployment and solid capital position.

2 months ago - Zacks Investment Research

Why Is Palomar (PLMR) Up 8% Since Last Earnings Report?

Palomar (PLMR) reported earnings 30 days ago. What's next for the stock?

3 months ago - Zacks Investment Research

Palomar Holdings, Inc. Announces Upcoming Virtual Conference Participation

LA JOLLA, Calif., May 20, 2021 (GLOBE NEWSWIRE) -- Palomar Holdings, Inc. (NASDAQ: PLMR) (the “Company”) today announced participation in the following virtual investor conferences:

3 months ago - GlobeNewsWire

AM Best Affirms Credit Ratings of Palomar Holdings, Inc. and Its Member Companies

OLDWICK, N.J.--(BUSINESS WIRE)-- #insurance--AM Best has affirmed the Long-Term Issuer Credit Rating (Long-Term ICR) of “bbb-” (Good) of Palomar Holdings, Inc. (Palomar) [NASDAQ: PLMR] (Delaware), the u...

4 months ago - Business Wire

Palomar Holdings, Inc. Announces the Successful Completion of Reinsurance Programs

LA JOLLA, Calif., May 12, 2021 (GLOBE NEWSWIRE) -- Specialty insurer Palomar Holdings, Inc. (NASDAQ: PLMR) (‘Palomar' or the ‘Company') today announced the successful completion of certain reinsurance p...

4 months ago - GlobeNewsWire

Palomar (PLMR) Q1 Earnings Beat, Revenues Miss Estimates

Palomar (PLMR) Q1 results reflect improved premiums and net investment income, partially offset by higher expenses.

4 months ago - Zacks Investment Research

Palomar (PLMR) Q1 Earnings Surpass Estimates

Palomar (PLMR) delivered earnings and revenue surprises of 43.14% and -2.20%, respectively, for the quarter ended March 2021. Do the numbers hold clues to what lies ahead for the stock?

4 months ago - Zacks Investment Research

Palomar Holdings, Inc. Reports First Quarter 2021 Results

LA JOLLA, Calif., May 05, 2021 (GLOBE NEWSWIRE) -- Palomar Holdings, Inc. (NASDAQ:PLMR) (“Palomar” or “Company”) reported net income of $16.6 million, or $0.63 per diluted share, for the first quarter o...

4 months ago - GlobeNewsWire

Palomar (PLMR) Earnings Expected to Grow: What to Know Ahead of Next Week's Release

Palomar (PLMR) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

4 months ago - Zacks Investment Research

Palomar Holdings, Inc. Announces First Quarter 2021 Financial Results Release Date and Conference Call

LA JOLLA, Calif., April 26, 2021 (GLOBE NEWSWIRE) -- Palomar Holdings, Inc. (NASDAQ: PLMR) (the “Company”) today announced that it will release its first quarter 2021 results after the market close on W...

4 months ago - GlobeNewsWire

6 Insurance Stocks Poised to Surpass Q1 Earnings Estimates

Better pricing, higher underlying underwriting gain, improved combined ratio, exposure growth, redesigning of products and sturdy capital position are expected to help the insurance industry players.

Other symbols:ALLMFCNMIHSLFVOYA
4 months ago - Zacks Investment Research

Here's Why You Should Hold Palomar (PLMR) in Your Portfolio

Palomar (PLMR) is poised to grow, given its new business generation, higher yield on investment portfolio, lower catastrophe events and solid capital position.

5 months ago - Zacks Investment Research

Palomar (PLMR) Shares Up on New $40M Share Buyback Program

Palomar Holdings' (PLMR) new share repurchase program reflects effective capital deployment backed by a solid financial position, thanks to strong core operations.

5 months ago - Zacks Investment Research

Palomar Holdings, Inc. Sponsors Torrey Pines Re Catastrophe Bond

~ Palomar sponsors its second cat bond providing indemnity protection for the Company's growing portfolio ~ ~ Palomar sponsors its second cat bond providing indemnity protection for the Company's growin...

5 months ago - GlobeNewsWire