Palomar (PLMR) Stock Price, News & Analysis

Company Overview

Palomar Holdings, Inc. is a specialty insurance company that provides property and casualty insurance products for risks that may be underserved by standard insurance carriers. The company focuses on markets where specialized underwriting expertise is important, including catastrophe-exposed property and other complex commercial and personal insurance risks.

Its offerings include commercial and residential property coverage, casualty insurance, specialty programs, and other products designed for areas such as earthquake, wind, flood, and other natural catastrophe exposures. Palomar distributes its products through insurance agents, brokers, program administrators, and other specialty insurance partners.

Palomar primarily serves customers in the United States and operates through specialty insurance and reinsurance platforms. The company was founded in 2013 and became a publicly traded company in 2019. Its leadership includes Chief Executive Officer Mac Armstrong.

Key Stats

• Today's Range: $124.78 to $127.33
• 50-Day Range: $123.04 to $143.16
• 52-Week Range: $100.81 to $147.62
• Volume: 226,880 shs
• Average Volume: 230,264 shs
• Market Capitalization: $3.33 billion
• P/E Ratio: 17.00
• Dividend Yield: 1.42%
• Price Target: $162.75
• Consensus Rating: Buy

Palomar Stock Analysis - MarketRank™

Palomar scored higher than 96% of companies evaluated by MarketBeat, and ranked 63rd out of 839 stocks in the finance sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

Analyst's Opinion

• Score: 4.6 / 5
• Analyst Rating: Buy

Consensus Rating

Palomar has received a consensus rating of Buy. The company's average rating score is 3.17, and is based on 1 strong buy rating, 5 buy ratings, no hold ratings, and no sell ratings.

Upside Potential

Palomar has a consensus price target of $162.75, representing about 28.7% upside from its current price of $126.49.

Amount of Analyst Coverage

Palomar has been the subject of 5 research reports in the past 90 days, demonstrating strong analyst interest in this stock.

Earnings and Valuation

• Score: 2.5 / 5
• Proj. Earnings Growth: 13.23%

Earnings Growth

Earnings for Palomar are expected to grow by 13.23% in the coming year, from $9.30 to $10.53 per share.

Price to Earnings Ratio vs. the Market

The P/E ratio of Palomar is 17.00, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 44.66.

Price to Earnings Ratio vs. Sector

The P/E ratio of Palomar is 17.00, which means that it is trading at a less expensive P/E ratio than the Finance sector average P/E ratio of about 24.42.

Price to Book Value per Share Ratio

Palomar has a P/B Ratio of 3.56. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities.

Short Interest

• Score: 2.0 / 5
• Short Interest Level: Bearish

Percentage of Shares Shorted

3.68% of the float of Palomar has been sold short.

Short Interest Ratio / Days to Cover

Palomar has a short interest ratio ("days to cover") of 5.08.

Change versus previous month

Short interest in Palomar has recently increased by 6.76%, indicating that investor sentiment is decreasing significantly.

Dividend

• Score: 2.5 / 5
• Dividend Strength: Moderate

Dividend Yield

Palomar pays a meaningful dividend of 1.42%, higher than the bottom 25% of all stocks that pay dividends.

Dividend Growth

Palomar does not have a long track record of dividend growth.

Dividend Coverage

The dividend payout ratio of Palomar is 24.19%. This payout ratio is at a healthy, sustainable level, below 75%.

Dividend Sustainability

Based on earnings estimates, Palomar will have a dividend payout ratio of 17.09% next year. This indicates that Palomar will be able to sustain or increase its dividend.

News and Social Media

• Score: 2.3 / 5
• News Sentiment: 0.70

News Sentiment

Palomar has a news sentiment score of 0.70. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This news sentiment score is similar to the average news sentiment of Finance companies.

News Coverage This Week

MarketBeat has tracked 13 news articles for Palomar this week, compared to 7 articles on an average week.

Search Interest

Only 2 people have searched for PLMR on MarketBeat in the last 30 days. This is a decrease of 0% compared to the previous 30 days.

Company Ownership

• Score: 2.3 / 5
• Insider Trading: Selling Shares

Insider Buying vs. Insider Selling

In the past three months, Palomar insiders have sold 1,665,139.39% more of their company's stock than they have bought. Specifically, they have bought $132.00 in company stock and sold $2,198,116.00 in company stock.

Percentage Held by Insiders

3.70% of the stock of Palomar is held by insiders.

Percentage Held by Institutions

90.25% of the stock of Palomar is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

Company Calendar

• Last Earnings: 8/04/2026
• Record date for 9/2 Dividend: 8/19/2026
• Ex-Dividend for 9/2 Dividend: 8/19/2026
• Dividend Payable: 9/02/2026
• Today: 10/04/2026
• Next Earnings (Estimated): 11/05/2026
• Fiscal Year End: 12/31/2026

Industry, Sector and Symbol

• Stock Exchange: NASDAQ
• Sector: Finance
• Industry: Insurance
• Sub-Industry: Property & Casualty Insurance
• Current Symbol: NASDAQ:PLMR
• CIK: 1761312
• Web: plmr.com
• Phone: (619) 567-5290
• Fax: 619-567-6954
• Employees: 439
• Year Founded: 2014

Price Target and Rating

• Average Price Target for Palomar: $162.75
• High Price Target: $167.00
• Low Price Target: $152.00
• Potential Upside/Downside: +28.7%
• Consensus Rating: Buy
• Rating Score (0-4): 3.17
• Research Coverage: 6 Analysts

Profitability

• EPS (Trailing Twelve Months): $7.44
• Trailing P/E Ratio: 17.00
• Forward P/E Ratio: 13.60
• P/E Growth: N/A
• Net Income: $197.07 million
• Net Margins: 18.61%
• Pretax Margin: 24.10%
• Return on Equity: 23.28%
• Return on Assets: 6.45%

Debt

• Debt-to-Equity Ratio: 0.30
• Current Ratio: 0.50
• Quick Ratio: 0.50

Sales & Book Value

• Annual Sales: $875.97 million
• Price / Sales: 3.80
• Cash Flow: $7.77 per share
• Price / Cash Flow: 16.27
• Book Value: $35.57 per share
• Price / Book: 3.56

Miscellaneous

• Outstanding Shares: 26,320,000
• Free Float: 25,344,000
• Market Cap: $3.33 billion
• Optionable: Optionable
• Beta: 0.35