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
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 '23 | Nov '23 | Dec '23 | Jan '24 | Feb '24 | Mar '24 |
---|---|---|---|---|---|---|
Strong Buy | 1 | 1 | 1 | 1 | 1 | 2 |
Buy | 5 | 5 | 5 | 5 | 3 | 3 |
Hold | 3 | 3 | 3 | 3 | 2 | 1 |
Sell | 0 | 0 | 0 | 0 | 0 | 0 |
Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
Total | 9 | 9 | 9 | 9 | 6 | 6 |
Latest Forecasts
Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
---|---|---|---|---|---|---|---|
Jefferies | Jefferies | Hold → Strong Buy Upgrades $78 → $88 | Hold → 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 |
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%
Revenue Forecast
Revenue | 2024 | 2025 | 2026 |
---|---|---|---|
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 | 2024 | 2025 | 2026 |
---|---|---|---|
High | 314.4% | 37.4% | 6.3% |
Avg | 292.4% | 23.3% | 3.3% |
Low | 267.1% | 8.7% | -0.8% |
EPS Forecast
EPS | 2024 | 2025 | 2026 |
---|---|---|---|
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 | 2024 | 2025 | 2026 |
---|---|---|---|
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.