Palomar Holdings, Inc. (PLMR)

NASDAQ: PLMR · IEX Real-Time Price · USD
64.52
+3.03 (4.93%)
At close: Jun 24, 2022 4:00 PM
64.20
-0.32 (-0.50%)
After-hours: Jun 24, 2022 5:04 PM EDT
4.93%
Market Cap 1.62B
Revenue (ttm) 276.66M
Net Income (ttm) 43.76M
Shares Out 25.18M
EPS (ttm) 1.69
PE Ratio 38.22
Forward PE n/a
Dividend n/a
Ex-Dividend Date n/a
Volume 259,373
Open 62.17
Previous Close 61.49
Day's Range 61.28 - 64.66
52-Week Range 44.01 - 97.18
Beta 0.19
Analysts Buy
Price Target 82.62 (+28.1%)
Earnings Date Aug 3, 2022

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... [Read more...]

Industry Insurance
IPO Date Apr 17, 2019
Employees 151
Stock Exchange NASDAQ
Ticker Symbol PLMR
Full Company Profile

Financial Performance

In 2021, PLMR's revenue was $247.79 million, an increase of 47.09% compared to the previous year's $168.46 million. Earnings were $45.85 million, an increase of 632.73%.

Financial Statements

Analyst Forecast

According to 15 analysts, the average rating for PLMR stock is "Buy." The 12-month stock price forecast is 82.62, which is an increase of 28.05% from the latest price.

Price Target
$82.62
(28.05% upside)
Analyst Consensus: Buy
Stock Forecasts

News

ARGO or PLMR: Which P&C Stock is Better-Placed at the Moment?

Let's see how Argo Group (ARGO) and Palomar (PLMR) fare in terms of some of the key metrics.

Other symbols: ARGO

Palomar (PLMR) Up 18.1% Since Last Earnings Report: Can It Continue?

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

Does Palomar (PLMR) Have the Potential to Rally 30% as Wall Street Analysts Expect?

The mean of analysts' price targets for Palomar (PLMR) points to a 29.5% upside in the stock. While this highly sought-after metric has not proven reasonably effective, strong agreement among analysts i...

Palomar Holdings, Inc. Announces Participation in the William Blair 42nd Annual Growth Stock Conference

LA JOLLA, Calif., June 01, 2022 (GLOBE NEWSWIRE) -- Palomar Holdings, Inc. (NASDAQ: PLMR) (“Palomar” or the “Company”) today announced that Mac Armstrong, Chief Executive Officer and Chairman, and Chris...

Palomar Holdings, Inc. Announces the Successful Completion of June 1 Reinsurance Renewal

LA JOLLA, Calif., May 31, 2022 (GLOBE NEWSWIRE) -- Palomar Holdings, Inc. (NASDAQ: PLMR) (“Palomar” or “Company”) today announced the successful completion of certain reinsurance programs incepting June...

Reasons Why Palomar Holdings (PLMR) Stock is a Solid Pick Now

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

Wall Street Analysts Believe Palomar (PLMR) Could Rally 51%: Here's is How to Trade

The average of price targets set by Wall Street analysts indicates a potential upside of 51.3% in Palomar (PLMR). While the effectiveness of this highly sought-after metric is questionable, the positive...

Palomar Holdings, Inc. to Host Investor Day

LA JOLLA, Calif., May 12, 2022 (GLOBE NEWSWIRE) -- Palomar Holdings, Inc. (NASDAQ:PLMR) (“Palomar” or “Company”) today announced that it will host an Investor Day at The Westin New York at Times Square ...

Palomar (PLMR) Q1 Earnings Top Estimates, Revenues Up Y/Y

Palomar (PLMR) Q1 results reflect higher premiums and net investment income, offset by an increase in expenses.

Palomar (PLMR) Q1 Earnings Top Estimates

Palomar (PLMR) delivered earnings and revenue surprises of 9.68% and 0.09%, respectively, for the quarter ended March 2022. Do the numbers hold clues to what lies ahead for the stock?

Palomar Holdings, Inc. Reports First Quarter 2022 Results

LA JOLLA, Calif., May 04, 2022 (GLOBE NEWSWIRE) -- Palomar Holdings, Inc. (NASDAQ:PLMR) (“Palomar” or “Company”) reported net income of $14.5 million, or $0.56 per diluted share, for the first quarter o...

Palomar Holdings, Inc. Announces First Quarter 2022 Financial Results Release Date and Conference Call

LA JOLLA, Calif., April 26, 2022 (GLOBE NEWSWIRE) -- Palomar Holdings, Inc. (NASDAQ: PLMR) (the “Company”) today announced that it will release its first quarter 2022 results after the market close on W...

Why It's Worth Betting on Palomar Holdings (PLMR) Stock Now

Palomar (PLMR) is poised to grow, given its higher average balance of investments, rate increases, robust capital position and effective capital deployment.

Palomar (PLMR) Up 16.3% Since Last Earnings Report: Can It Continue?

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

Palomar Holdings, Inc. Secures $25 Million of Aggregate Reinsurance Protection

LA JOLLA, Calif., March 17, 2022 (GLOBE NEWSWIRE) -- Palomar Holdings, Inc. (NASDAQ:PLMR) (“Palomar” or “Company”) today announced that it has renewed $25.0 million of aggregate excess of loss reinsuran...

Here's Why Investing in Palomar Holdings (PLMR) is Prudent Now

Palomar (PLMR) is poised to grow, given its higher commission and other income, rate increases and sufficient liquidity.

Wall Street Analysts See a 66% Upside in Palomar (PLMR): Can the Stock Really Move This High?

The mean of analysts' price targets for Palomar (PLMR) points to a 65.7% upside in the stock. While this highly sought-after metric has not proven reasonably effective, strong agreement among analysts i...

Palomar (PLMR) Q4 Earnings Top, Revenues Miss Estimates

Palomar (PLMR) Q4 results reflect higher premiums and net investment income, partially offset by an increase in expenses.

Palomar (PLMR) Q4 Earnings Top Estimates

Palomar (PLMR) delivered earnings and revenue surprises of 12.12% and 4.20%, respectively, for the quarter ended December 2021. Do the numbers hold clues to what lies ahead for the stock?

Palomar Holdings, Inc. Reports Fourth Quarter & Full Year 2021 Results

LA JOLLA, Calif., Feb. 16, 2022 (GLOBE NEWSWIRE) -- Palomar Holdings, Inc. (NASDAQ:PLMR) (“Palomar” or “Company”) reported net income of $16.6 million, or $0.64 per diluted share, for the fourth quarter...

Palomar (PLMR) Reports Next Week: Wall Street Expects Earnings Growth

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.

Palomar Releases Annual Sustainability & Citizenship Report and Provides Update on 2021 Progress

~Partnership with Team Rubicon Forms New Program, ‘Palomar Protects'~ ~Allocates a Percentage of Premiums to Natural Disaster Recovery Efforts~   ~Unites Business and Purpose~

Palomar Holdings, Inc. Announces Fourth Quarter and Full Year 2021 Financial Results Release Date and Conference Call

LA JOLLA, Calif., Jan. 31, 2022 (GLOBE NEWSWIRE) -- Palomar Holdings, Inc. (NASDAQ: PLMR) (the “Company”) today announced that it will release its fourth quarter and full year 2021 results after the mar...

Palomar Holdings, Inc. Announces New Two Year, $100 Million Share Repurchase Program

~ $100 Million Share Repurchase Program Replaces Previous $40 Million Program ~

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

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