Palomar Holdings, Inc. (PLMR)
NASDAQ: PLMR · IEX Real-Time Price · USD
84.25
+0.42 (0.50%)
Mar 27, 2024, 4:00 PM EDT - 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 77, with a low estimate of 63 and a high estimate of 88. The average target predicts a decrease of -8.61% from the current stock price of 84.25.

Analyst Consensus: Buy
Target Low Average Median High
Price $63 $77 $87 $88
Change -25.22% -8.61% +3.26% +4.45%

Analyst Ratings

The average analyst rating for PLMR stock from 6 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 Oct '23Nov '23Dec '23Jan '24Feb '24Mar '24
Strong Buy 111112
Buy 555533
Hold 333321
Sell 000000
Strong Sell 000000
Total 999966

Latest Forecasts

Analyst Firm Rating Rating Action Price Target Upside Date
Jefferies
Jefferies
Strong Buy
Upgrades
$78$88
Strong Buy Upgrades $78$88 +4.45% Mar 14, 2024
Keefe, Bruyette & Woods
Keefe, Bruyette & Woods
Buy
Maintains
$73$87
Buy Maintains $73$87 +3.26% Feb 21, 2024
Truist Securities
Truist Securities
Strong Buy
Maintains
$72$88
Strong Buy Maintains $72$88 +4.45% Feb 16, 2024
Evercore ISI Group
Evercore ISI Group
Hold
Maintains
$66$68
Hold Maintains $66$68 -19.29% Feb 15, 2024
Jefferies
Jefferies
Hold
Maintains
$59$56
Hold Maintains $59$56 -33.53% Sep 7, 2023
More Analyst Ratings

Financial Forecast

Revenue This Year
1.48B
from 375.93M
Increased by 292.36%
Revenue Next Year
1.82B
from 1.48B
Increased by 23.25%
EPS This Year
4.24
from 3.13
Increased by 35.52%
EPS Next Year
5.05
from 4.24
Increased by 19.11%
Year 20192020202120222023202420252026
Revenue
113.30M168.46M247.79M327.09M375.93M1.48B1.82B1.88B
Revenue Growth
55.26%48.69%47.09%32.00%14.93%292.36%23.25%3.30%
EPS
0.490.241.762.023.134.245.055.97
EPS Growth
-54.21%-51.02%633.33%14.77%54.95%35.52%19.11%18.10%
No. Analysts -----11113
Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.

Revenue Forecast

Revenue 202420252026
High 1.6B 2.0B 1.9B
Avg 1.5B 1.8B 1.9B
Low 1.4B 1.6B 1.8B

Revenue Growth

Revenue Growth 202420252026
High
314.4%
37.4%
6.3%
Avg
292.4%
23.3%
3.3%
Low
267.1%
8.7%
-0.8%

EPS Forecast

EPS 202420252026
High 4.58 5.72 6.14
Avg 4.24 5.05 5.97
Low 3.72 4.31 5.73

EPS Growth

EPS Growth 202420252026
High
46.3%
34.9%
21.6%
Avg
35.5%
19.1%
18.1%
Low
18.9%
1.7%
13.5%
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.