Palomar Holdings, Inc. (PLMR)
NASDAQ: PLMR · IEX Real-Time Price · USD
75.21
+0.80 (1.08%)
Apr 15, 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 87.5, with a low estimate of 85 and a high estimate of 89. The average target predicts an increase of 16.34% from the current stock price of 75.21.

Analyst Consensus: Buy
Target Low Average Median High
Price $85 $87.5 $88 $89
Change +13.02% +16.34% +17.01% +18.34%

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 Nov '23Dec '23Jan '24Feb '24Mar '24Apr '24
Strong Buy 111122
Buy 555332
Hold 333213
Sell 000000
Strong Sell 000000
Total 999667

Latest Forecasts

Analyst Firm Rating Rating Action Price Target Upside Date
JMP Securities
JMP Securities
Hold
Reiterates
n/a
Hold Reiterates n/a n/a Apr 15, 2024
Evercore ISI Group
Evercore ISI Group
Hold
Maintains
$68$86
Hold Maintains $68$86 +14.35% Apr 11, 2024
Keefe, Bruyette & Woods
Keefe, Bruyette & Woods
Buy
Maintains
$88$89
Buy Maintains $88$89 +18.34% Apr 10, 2024
JP Morgan
JP Morgan
Hold
Downgrades
$79$85
Hold Downgrades $79$85 +13.02% Apr 8, 2024
Piper Sandler
Piper Sandler
Buy
Maintains
$80$89
Buy Maintains $80$89 +18.34% Apr 1, 2024
More Analyst Ratings

Financial Forecast

Revenue This Year
1.47B
from 375.93M
Increased by 291.57%
Revenue Next Year
1.76B
from 1.47B
Increased by 19.43%
EPS This Year
4.26
from 3.13
Increased by 36.21%
EPS Next Year
5.11
from 4.26
Increased by 19.94%
Year 20192020202120222023202420252026
Revenue
113.30M168.46M247.79M327.09M375.93M1.47B1.76B1.88B
Revenue Growth
55.26%48.69%47.09%32.00%14.93%291.57%19.43%7.11%
EPS
0.490.241.762.023.134.265.116.17
EPS Growth
-54.21%-51.02%633.33%14.77%54.95%36.21%19.94%20.68%
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%
37.6%
10.2%
Avg
291.6%
19.4%
7.1%
Low
268.2%
6.5%
2.9%

EPS Forecast

EPS 202420252026
High 4.73 6.18 6.35
Avg 4.26 5.11 6.17
Low 3.72 4.31 5.93

EPS Growth

EPS Growth 202420252026
High
51.0%
45.1%
24.2%
Avg
36.2%
19.9%
20.7%
Low
18.9%
1.1%
15.9%
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.