Palomar Holdings, Inc. (PLMR)
NASDAQ: PLMR · Real-Time Price · USD
100.69
-0.89 (-0.88%)
Nov 12, 2024, 4:00 PM EST - Market closed
Palomar Holdings Stock Forecast
Stock Price Forecast
The 6 analysts with 12-month price forecasts for Palomar Holdings stock have an average target of 109, with a low estimate of 99 and a high estimate of 120. The average target predicts an increase of 8.25% from the current stock price of 100.69.
Analyst Consensus: Buy
Analyst Ratings
The average analyst rating for PLMR stock from 7 stock analysts is "Buy". This means that analysts believe this stock is likely to outperform the market over the next twelve months.
Recommendation Trends
| Rating | Jun '24 | Jul '24 | Aug '24 | Sep '24 | Oct '24 | Nov '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 2 | 2 | 2 | 2 | 2 | 2 |
| Buy | 2 | 2 | 2 | 2 | 2 | 2 |
| Hold | 3 | 3 | 3 | 3 | 3 | 3 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 7 | 7 | 7 | 7 | 7 | 7 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Keefe, Bruyette & Woods | Keefe, Bruyette & Woods | Buy Maintains $117 → $120 | Buy | Maintains | $117 → $120 | +19.18% | Nov 8, 2024 |
| Piper Sandler | Piper Sandler | Buy Maintains $105 → $110 | Buy | Maintains | $105 → $110 | +9.25% | Nov 8, 2024 |
| JP Morgan | JP Morgan | Hold Maintains $93 → $100 | Hold | Maintains | $93 → $100 | -0.69% | Nov 7, 2024 |
| Jefferies | Jefferies | Strong Buy Maintains $110 → $113 | Strong Buy | Maintains | $110 → $113 | +12.23% | Oct 9, 2024 |
| Keefe, Bruyette & Woods | Keefe, Bruyette & Woods | Buy Maintains $96 → $113 | Buy | Maintains | $96 → $113 | +12.23% | Aug 13, 2024 |
Financial Forecast
Revenue This Year
1.58B
Revenue Next Year
1.89B
from 1.58B
Increased by 19.66%
EPS This Year
4.88
from 3.13
Increased by 56.01%
EPS Next Year
5.96
from 4.88
Increased by 22.09%
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 1.6B | 2.1B | 2.7B |
| Avg | 1.6B | 1.9B | 2.2B |
| Low | 1.5B | 1.7B | 1.9B |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | - | 35.3% | 41.3% |
| Avg | - | 19.7% | 17.6% |
| Low | - | 10.0% | 2.0% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 5.11 | 6.83 | 8.03 |
| Avg | 4.88 | 5.96 | 6.95 |
| Low | 4.61 | 5.39 | 6.27 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 63.4% | 39.8% | 34.7% |
| Avg | 56.0% | 22.1% | 16.6% |
| Low | 47.2% | 10.4% | 5.2% |
Sources: Price targets and analyst ratings provided by Benzinga. Revenue and EPS forecast data provided by Finnhub. The data is sourced from Wall Street analysts. Data disclaimer.