Palomar Holdings, Inc. (PLMR)

NASDAQ: PLMR · IEX Real-Time Price · USD
75.05
+0.12 (0.16%)
Feb 27, 2024, 12:34 PM EST - Market open
0.16%
Market Cap 1.86B
Revenue (ttm) 375.93M
Net Income (ttm) 79.20M
Shares Out 24.77M
EPS (ttm) 3.13
PE Ratio 24.00
Forward PE 17.86
Dividend n/a
Ex-Dividend Date n/a
Volume 31,186
Open 75.51
Previous Close 74.93
Day's Range 74.89 - 76.24
52-Week Range 46.09 - 76.76
Beta 0.14
Analysts Buy
Price Target 71.67 (-4.57%)
Earnings Date Feb 14, 2024

About PLMR

Palomar Holdings, Inc., an insurance holding 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, a... [Read more]

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

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 Statements

Analyst Forecast

According to 6 analysts, the average rating for PLMR stock is "Buy." The 12-month stock price forecast is $71.67, which is a decrease of -4.57% from the latest price.

Price Target
$71.67
(-4.57% downside)
Analyst Consensus: Buy
Stock Forecasts

News

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...

12 days ago - GlobeNewsWire

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...

19 days ago - GlobeNewsWire

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...

4 months ago - GlobeNewsWire

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 ...

4 months ago - GlobeNewsWire

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...

6 months ago - GlobeNewsWire

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...

6 months ago - GlobeNewsWire

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 ...

6 months ago - GlobeNewsWire

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...

7 months ago - GlobeNewsWire

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...

7 months ago - GlobeNewsWire

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...

8 months ago - Business Wire

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 ...

9 months ago - GlobeNewsWire

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...

9 months ago - GlobeNewsWire

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...

10 months ago - GlobeNewsWire

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...

10 months ago - GlobeNewsWire

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...

11 months ago - GlobeNewsWire

Palomar Releases Annual Sustainability & Citizenship Report and Provides Update on 2022 Progress

~Executes 2022 ESG Goals and is Poised for Further Progress in 2023~

1 year ago - GlobeNewsWire

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...

1 year ago - GlobeNewsWire

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...

1 year ago - GlobeNewsWire

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”) ~

1 year ago - GlobeNewsWire

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...

1 year ago - GlobeNewsWire

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...

Other symbols: HFWAMTB
1 year ago - Benzinga

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...

1 year ago - GlobeNewsWire

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 ...

1 year ago - GlobeNewsWire

Palomar Holdings, Inc. Announces Participation in the 2022 KBW Insurance Conference

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

1 year ago - GlobeNewsWire

Palomar Holdings, Inc. Reports Second Quarter 2022 Results

LA JOLLA, Calif., Aug. 03, 2022 (GLOBE NEWSWIRE) -- Palomar Holdings, Inc. (NASDAQ:PLMR) (“Palomar” or “Company”) reported net income of $14.6 million, or $0.57 per diluted share, for the second quart...

1 year ago - GlobeNewsWire