Palomar Holdings, Inc. (PLMR)
| Market Cap | 1.98B |
| Revenue (ttm) | 375.93M |
| Net Income (ttm) | 79.20M |
| Shares Out | 24.87M |
| EPS (ttm) | 3.13 |
| PE Ratio | 25.40 |
| Forward PE | 18.53 |
| Dividend | n/a |
| Ex-Dividend Date | n/a |
| Volume | 209,572 |
| Open | 81.44 |
| Previous Close | 81.15 |
| Day's Range | 77.88 - 81.99 |
| 52-Week Range | 46.09 - 86.26 |
| Beta | 0.21 |
| Analysts | Buy |
| Price Target | 87.50 (+10.06%) |
| Earnings Date | May 2, 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, PLMR'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 $87.5, which is an increase of 10.06% from the latest price.
News
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...
Palomar Holdings, Inc. Appoints Thomas Bradley to its Board of Directors
LA JOLLA, Calif., March 01, 2024 (GLOBE NEWSWIRE) -- Palomar Holdings, Inc. (NASDAQ: PLMR) (the “Company”) today announced that Thomas Bradley has been appointed to the Company's Board of Directors on...
Palomar Holdings, Inc. Reports Fourth Quarter & Full Year 2023 Results
LA JOLLA, Calif., Feb. 14, 2024 (GLOBE NEWSWIRE) -- Palomar Holdings, Inc. (NASDAQ:PLMR) (“Palomar” or “Company”) reported net income of $25.9 million, or $1.02 per diluted share, for the fourth quart...
Palomar Holdings, Inc. Announces Fourth Quarter and Full Year 2023 Financial Results Release Date and Conference Call
LA JOLLA, Calif., Feb. 07, 2024 (GLOBE NEWSWIRE) -- Palomar Holdings, Inc. (NASDAQ: PLMR) (the “Company”) today announced that it will release its fourth quarter and full year 2023 results after the m...
Palomar Holdings, Inc. Reports Third Quarter 2023 Results
LA JOLLA, Calif., Nov. 01, 2023 (GLOBE NEWSWIRE) -- Palomar Holdings, Inc. (NASDAQ:PLMR) (“Palomar” or “Company”) reported net income of $18.4 million, or $0.73 per diluted share, for the third quart...
Palomar Holdings, Inc. Announces Third Quarter 2023 Financial Results Release Date and Conference Call
LA JOLLA, Calif., Oct. 24, 2023 (GLOBE NEWSWIRE) -- Palomar Holdings, Inc. (NASDAQ: PLMR) (the “Company”) today announced that it will release its third quarter 2023 results after the market close on ...
Palomar Holdings, Inc. Announces Strategic Underwriting Hire to Expand Casualty Franchise
LA JOLLA, Calif., Sept. 06, 2023 (GLOBE NEWSWIRE) -- Palomar Holdings, Inc. (NASDAQ: PLMR) (“Palomar” or “Company”) today announced the addition of Brian Pushic as Vice President, Casualty Underwritin...
Palomar Holdings, Inc. Announces Participation in the Barclays Global Financial Services Conference
LA JOLLA, Calif., Sept. 05, 2023 (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 Participation in the 2023 KBW Insurance Conference
LA JOLLA, Calif., Aug. 31, 2023 (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. Reports Second Quarter 2023 Results
LA JOLLA, Calif., Aug. 02, 2023 (GLOBE NEWSWIRE) -- Palomar Holdings, Inc. (NASDAQ:PLMR) (“Palomar” or “Company”) reported net income of $17.6 million, or $0.69 per diluted share, for the second quart...
Palomar Holdings, Inc. Announces Second Quarter 2023 Financial Results Release Date and Conference Call
LA JOLLA, Calif., July 25, 2023 (GLOBE NEWSWIRE) -- Palomar Holdings, Inc. (NASDAQ: PLMR) (the “Company”) today announced that it will release its second quarter 2023 results after the market close on...
AM Best Revises Outlooks to Positive for Palomar Holdings, Inc. and Its Member Companies
OLDWICK, N.J.--(BUSINESS WIRE)--AM Best has revised the outlook to positive from stable and affirmed the Long-Term Issuer Credit Rating (Long-Term ICR) of “bbb-” (Good) of Palomar Holdings, Inc. (Palo...
Palomar Holdings, Inc. Announces Participation in the William Blair 43rd Annual Growth Stock Conference
LA JOLLA, Calif., June 01, 2023 (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 Successful Completion of June 1 Reinsurance Renewal
~ Raises Full Year 2023 Adjusted Net Income Guidance to $88 Million to $92 Million ~ LA JOLLA, Calif., May 30, 2023 (GLOBE NEWSWIRE) -- Palomar Holdings, Inc. (NASDAQ: PLMR) (“Palomar” or the “Company...
Palomar Holdings, Inc. Reports First Quarter 2023 Results
LA JOLLA, Calif., May 03, 2023 (GLOBE NEWSWIRE) -- Palomar Holdings, Inc. (NASDAQ:PLMR) (“Palomar” or “Company”) reported net income of $17.3 million, or $0.68 per diluted share, for the first quarter...
Palomar Holdings, Inc. Announces First Quarter 2023 Financial Results Release Date and Conference Call
LA JOLLA, Calif., April 26, 2023 (GLOBE NEWSWIRE) -- Palomar Holdings, Inc. (NASDAQ: PLMR) (the “Company”) today announced that it will release its first quarter 2023 results after the market close on...
Palomar Holdings, Inc. Announces Successful Placement of Additional Earthquake Reinsurance Limit
LA JOLLA, Calif., April 04, 2023 (GLOBE NEWSWIRE) -- Palomar Holdings, Inc. (NASDAQ: PLMR) (“Palomar” or the “Company”) today announced the successful placement of certain excess of loss (“XOL”) reins...
Palomar Releases Annual Sustainability & Citizenship Report and Provides Update on 2022 Progress
~Executes 2022 ESG Goals and is Poised for Further Progress in 2023~
Palomar Holdings, Inc. Reports Fourth Quarter & Full Year 2022 Results
LA JOLLA, Calif., Feb. 15, 2023 (GLOBE NEWSWIRE) -- Palomar Holdings, Inc. (NASDAQ:PLMR) (“Palomar” or “Company”) reported net income of $18.8 million, or $0.73 per diluted share, for the fourth quart...
Palomar Holdings, Inc. Announces Fourth Quarter and Full Year 2022 Financial Results Release Date and Conference Call
LA JOLLA, Calif., Feb. 08, 2023 (GLOBE NEWSWIRE) -- Palomar Holdings, Inc. (NASDAQ: PLMR) (the “Company”) today announced that it will release its fourth quarter and full year 2022 results after the m...
Palomar Holdings, Inc. Announces New Fronting Partnership with Advanced AgProtection
~ Palomar Specialty Insurance Company Authorized as the Fourteenth Approved Insurance Provider in the United States by the Federal Crop Insurance Corporation (“FCIC”) ~
Palomar Holdings, Inc. Announces Successful Completion of Select California Earthquake Reinsurance Programs
LA JOLLA, Calif., Jan. 03, 2023 (GLOBE NEWSWIRE) -- Palomar Holdings, Inc. (NASDAQ: PLMR) (“Palomar” or the “Company”) today announced the successful completion of certain reinsurance programs coverin...
Why M&T Bank, Palomar Holdings And Other Oversold Majors In The Financial Sector Look Promising - Broadmark Realty Capital (NYSE:BRMK), Heritage Financial (NASDAQ:HFWA)
The most oversold stocks in the financial sector presents an opportunity to buy into undervalued companies. Here's the latest list of major oversold players in this sector, having an RSI near or below...
Palomar Holdings, Inc. Reports Third Quarter 2022 Results
LA JOLLA, Calif., Nov. 02, 2022 (GLOBE NEWSWIRE) -- Palomar Holdings, Inc. (NASDAQ:PLMR) (“Palomar” or “Company”) reported net income of $4.3 million, or $0.17 per diluted share, for the third quarter...
Palomar Holdings, Inc. Announces Third Quarter 2022 Estimated Catastrophe Losses and Financial Results Date and Earnings Call
LA JOLLA, Calif., Oct. 20, 2022 (GLOBE NEWSWIRE) -- Palomar Holdings, Inc. (NASDAQ: PLMR) (“Palomar”) today announced estimated pretax catastrophe losses of $12.5 million, net of reinsurance, for the ...