Palomar Holdings, Inc. (PLMR)
NASDAQ: PLMR · IEX Real-Time Price · USD
82.40
-0.80 (-0.96%)
At close: Jul 2, 2024, 4:00 PM
83.97
+1.57 (1.91%)
After-hours: Jul 2, 2024, 4:29 PM EDT
Palomar Holdings Stock Forecast
Stock Price Forecast
The 6 analysts with 12-month price forecasts for Palomar Holdings stock have an average target of 92.83, with a low estimate of 85 and a high estimate of 100. The average target predicts an increase of 12.66% from the current stock price of 82.40.
Analyst Consensus: Buy
* Price targets were last updated on May 29, 2024.
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 | Jan '24 | Feb '24 | Mar '24 | Apr '24 | May '24 | Jun '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 1 | 1 | 2 | 2 | 2 | 2 |
| Buy | 5 | 3 | 3 | 2 | 2 | 2 |
| Hold | 3 | 2 | 1 | 3 | 3 | 3 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 9 | 6 | 6 | 7 | 7 | 7 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Piper Sandler | Piper Sandler | Buy Reiterates $90 → $99 | Buy | Reiterates | $90 → $99 | +20.15% | May 29, 2024 |
| Truist Securities | Truist Securities | Strong Buy Maintains $97 → $100 | Strong Buy | Maintains | $97 → $100 | +21.36% | May 29, 2024 |
| Keefe, Bruyette & Woods | Keefe, Bruyette & Woods | Buy Maintains $93 → $96 | Buy | Maintains | $93 → $96 | +16.50% | May 29, 2024 |
| Evercore ISI Group | Evercore ISI Group | Hold Maintains $88 → $89 | Hold | Maintains | $88 → $89 | +8.01% | May 29, 2024 |
| Piper Sandler | Piper Sandler | Buy Maintains $89 → $90 | Buy | Maintains | $89 → $90 | +9.22% | May 6, 2024 |
Financial Forecast
Revenue This Year
1.53B
from 375.93M
Increased by 306.73%
Revenue Next Year
1.83B
from 1.53B
Increased by 19.36%
EPS This Year
4.63
from 3.13
Increased by 47.84%
EPS Next Year
5.49
from 4.63
Increased by 18.55%
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 1.6B | 2.1B | 2.0B |
| Avg | 1.5B | 1.8B | 1.9B |
| Low | 1.4B | 1.6B | 1.8B |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 327.5% | 36.3% | 8.0% |
| Avg | 306.7% | 19.4% | 4.9% |
| Low | 274.3% | 6.9% | 0.8% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 5.04 | 6.32 | 6.88 |
| Avg | 4.63 | 5.49 | 6.19 |
| Low | 3.92 | 4.70 | 5.48 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 61.0% | 36.6% | 25.4% |
| Avg | 47.8% | 18.6% | 12.9% |
| Low | 25.3% | 1.7% | -0.1% |
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.