Palomar Holdings Stock Forecast

Stock Price Forecast

The 6 analysts with 12-month price forecasts for Palomar Holdings stock have an average target of 111.67, with a low estimate of 99 and a high estimate of 136. The average target predicts an increase of 6.42% from the current stock price of 104.93.

Analyst Consensus: Buy

Target	Low	Average	Median	High
Price	$99	$111.67	$112	$136
Change	-5.65%	+6.42%	+6.74%	+29.61%

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	Jul '24	Aug '24	Sep '24	Oct '24	Nov '24	Dec '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
Meyer Shields Keefe, Bruyette & Woods	Keefe, Bruyette & Woods	Buy Maintains $120 → $136	Buy	Maintains	$120 → $136	+29.61%	Dec 6, 2024
Meyer Shields Keefe, Bruyette & Woods	Keefe, Bruyette & Woods	Buy Maintains $117 → $120	Buy	Maintains	$117 → $120	+14.36%	Nov 8, 2024
Paul Newsome Piper Sandler	Piper Sandler	Buy Maintains $105 → $110	Buy	Maintains	$105 → $110	+4.83%	Nov 8, 2024
Pablo Singzon JP Morgan	JP Morgan	Hold Maintains $93 → $100	Hold	Maintains	$93 → $100	-4.70%	Nov 7, 2024
Andrew Andersen Jefferies	Jefferies	Strong Buy Maintains $110 → $113	Strong Buy	Maintains	$110 → $113	+7.69%	Oct 9, 2024

More Analyst Ratings

Financial Forecast

Revenue This Year

1.57B

Revenue Next Year

1.90B

from 1.57B

20.80%

from 1.57B

EPS This Year

4.88

from 3.13

56.01%

from 3.13

EPS Next Year

5.97

from 4.88

22.20%

from 4.88

Fiscal Year	FY 2019	FY 2020	FY 2021	FY 2022	FY 2023	FY 2024	FY 2025	FY 2026
Period Ending	Dec 31, 2019	Dec 31, 2020	Dec 31, 2021	Dec 31, 2022	Dec 31, 2023	Dec 31, 2024	Dec 31, 2025	Dec 31, 2026
Revenue	-	-	-	-	-	1.57B	1.90B	2.30B
Revenue Growth	55.26%	48.69%	47.09%	32.00%	14.93%	-	20.80%	21.27%
EPS	0.49	0.24	1.76	2.02	3.13	4.88	5.97	6.99
EPS Growth	-54.21%	-51.02%	633.34%	14.77%	54.95%	56.01%	22.20%	17.09%
Forward PE	-	-	-	-	-	21.49	17.58	15.02
No. Analysts	-	-	-	-	-	11	11	8

Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.

Revenue Forecast

Revenue	2024	2025	2026
High	1.6B	2.1B	2.7B
Avg	1.6B	1.9B	2.3B
Low	1.5B	1.8B	2.0B

Revenue Growth

Revenue Growth	2024	2025	2026
High	-	35.7%	40.4%
Avg	-	20.8%	21.3%
Low	-	11.8%	4.6%

EPS Forecast

EPS	2024	2025	2026
High	5.11	6.83	8.03
Avg	4.88	5.97	6.99
Low	4.61	5.39	6.27

EPS Growth

EPS Growth	2024	2025	2026
High	63.4%	39.8%	34.6%
Avg	56.0%	22.2%	17.1%
Low	47.2%	10.4%	5.1%

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.