Free Trial
NASDAQ:PLMR

Palomar (PLMR) Stock Price, News & Analysis

Palomar logo
$162.45 -1.45 (-0.88%)
Closing price 04:00 PM Eastern
Extended Trading
$162.43 -0.02 (-0.01%)
As of 05:53 PM Eastern
Extended trading is trading that happens on electronic markets outside of regular trading hours. This is a fair market value extended hours price provided by Polygon.io. Learn more.

About Palomar Stock (NASDAQ:PLMR)

Key Stats

Today's Range
$161.10
$163.54
50-Day Range
$129.32
$163.90
52-Week Range
$77.28
$165.00
Volume
151,793 shs
Average Volume
200,735 shs
Market Capitalization
$4.34 billion
P/E Ratio
36.26
Dividend Yield
N/A
Price Target
$148.33
Consensus Rating
Moderate Buy

Company Overview

Palomar Holdings, Inc., a specialty insurance company, provides property and casualty insurance to residential and businesses in the United States. The company offers personal and commercial specialty property insurance products, including residential and commercial earthquake, fronting, commercial all risk, specialty homeowners, inland marine, Hawaii hurricane, and residential flood, as well as other products, such as assumed reinsurance. It markets and distributes its products through retail agents, wholesale brokers, program administrators, and carrier partnerships. The company was formerly known as GC Palomar Holdings and changed its name to Palomar Holdings, Inc. The company was incorporated in 2013 and is headquartered in La Jolla, California.

Palomar Stock Analysis - MarketRank™

See Top-Rated MarketRank™ Stocks
41st Percentile Overall Score

PLMR MarketRank™: 

Palomar scored higher than 41% of companies evaluated by MarketBeat, and ranked 728th out of 931 stocks in the finance sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

  • Consensus Rating

    Palomar has received a consensus rating of Moderate Buy. The company's average rating score is 2.71, and is based on 5 buy ratings, 2 hold ratings, and no sell ratings.

  • Amount of Analyst Coverage

    Palomar has only been the subject of 4 research reports in the past 90 days.

  • Read more about Palomar's stock forecast and price target.
  • Earnings Growth

    Earnings for Palomar are expected to grow by 21.20% in the coming year, from $5.99 to $7.26 per share.

  • Price to Earnings Ratio vs. the Market

    The P/E ratio of Palomar is 36.26, which means that it is trading at a more expensive P/E ratio than the market average P/E ratio of about 24.80.

  • Price to Earnings Ratio vs. Sector

    The P/E ratio of Palomar is 36.26, which means that it is trading at a more expensive P/E ratio than the Finance sector average P/E ratio of about 22.57.

  • Price to Book Value per Share Ratio

    Palomar has a P/B Ratio of 5.90. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities.

  • Read more about Palomar's valuation and earnings.
  • Percentage of Shares Shorted

    2.09% 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 1.8, which is generally considered an acceptable ratio of short interest to trading volume.
  • Change versus previous month

    Short interest in Palomar has recently decreased by 8.61%, indicating that investor sentiment is improving significantly.
  • Dividend Yield

    Palomar does not currently pay a dividend.

  • Dividend Growth

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

  • Percentage of Shares Shorted

    2.09% 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 1.8, which is generally considered an acceptable ratio of short interest to trading volume.
  • Change versus previous month

    Short interest in Palomar has recently decreased by 8.61%, indicating that investor sentiment is improving significantly.
  • News Sentiment

    Palomar has a news sentiment score of 0.64. 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 is a lower news sentiment than the 1.01 average news sentiment score of Finance companies.
  • News Coverage This Week

    MarketBeat has tracked 20 news articles for Palomar this week, compared to 7 articles on an average week.
  • Search Interest

    Only 4 people have searched for PLMR on MarketBeat in the last 30 days. This is a decrease of -60% compared to the previous 30 days.
  • MarketBeat Follows

    Only 1 people have added Palomar to their MarketBeat watchlist in the last 30 days. This is a decrease of -80% compared to the previous 30 days.
  • Insider Buying vs. Insider Selling

    In the past three months, Palomar insiders have sold more of their company's stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $3,265,129.00 in company stock.

  • Percentage Held by Insiders

    Only 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.

  • Read more about Palomar's insider trading history.
Receive PLMR Stock News and Ratings via Email

Sign-up to receive the latest news and ratings for Palomar and its competitors with MarketBeat's FREE daily newsletter.

PLMR Stock News Headlines

“You all just got a lot richer”
Trump Knows What He’s Doing. When the president says he’s going to let RFK “go wild” … and Big Pharma crashes. Do you think that’s an accident? When he threatens to “End the Fed” do you think he doesn’t know banking stocks will benefit? What about when he tells his followers, “Now is a good time to buy,” hours before relaxing tariffs and sending the market soaring? Is that an accident? Larry Benedict doesn’t think so. He thinks Trump knows what he’s doing… and believes he’s found the perfect tickers for everyday Americans to take advantage next time he triggers a big move.
Zacks Research Has Negative Outlook of Palomar Q3 Earnings
Zacks Research Estimates Palomar's Q2 Earnings (NASDAQ:PLMR)
See More Headlines

PLMR Stock Analysis - Frequently Asked Questions

Palomar's stock was trading at $105.59 at the start of the year. Since then, PLMR stock has increased by 53.8% and is now trading at $162.45.
View the best growth stocks for 2025 here
.

Palomar Holdings, Inc. (NASDAQ:PLMR) announced its earnings results on Monday, May, 5th. The company reported $1.87 EPS for the quarter, topping the consensus estimate of $1.61 by $0.26. The firm earned $174.63 million during the quarter, compared to analysts' expectations of $161.97 million. Palomar had a trailing twelve-month return on equity of 19.76% and a net margin of 21.23%.
Read the conference call transcript
.

Palomar (PLMR) raised $63 million in an IPO on Wednesday, April 17th 2019. The company issued 5,600,000 shares at a price of $5.00-$17.62 per share. Barclays, J.P. Morgan and Keefe, Woods & Bruyette (A Stifel Company) acted as the underwriters for the IPO and Evercore ISI, William Blair, Sandler O'Neill + Partners and SunTrust Robinson Humphrey were co-managers.

Palomar's top institutional shareholders include Vanguard Group Inc. (9.51%), American Century Companies Inc. (3.10%), Stephens Investment Management Group LLC (2.52%) and Westfield Capital Management Co. LP (2.31%). Insiders that own company stock include Mac Armstrong, Jon Christianson, Jonathan Knutzen, T Christopher Uchida, Thomas A Bradley, Angela L Grant, Michelle Antoinette Johnson and William Bold.
View institutional ownership trends
.

Shares of PLMR stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.

Based on aggregate information from My MarketBeat watchlists, some other companies that Palomar investors own include NVIDIA (NVDA), Meta Platforms (META), Advanced Micro Devices (AMD), Broadcom (AVGO), ServiceNow (NOW), Adobe (ADBE) and Arista Networks (ANET).

Company Calendar

Last Earnings
5/05/2025
Today
5/28/2025
Next Earnings (Estimated)
8/04/2025
Fiscal Year End
12/31/2025

Industry, Sector and Symbol

Stock Exchange
NASDAQ
Sector
Finance
Industry
Fire, marine, & casualty insurance
Sub-Industry
Insurance
Current Symbol
NASDAQ:PLMR
Employees
150
Year Founded
N/A

Price Target and Rating

Average Stock Price Target
$148.33
High Stock Price Target
$178.00
Low Stock Price Target
$99.00
Potential Upside/Downside
-8.7%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.71
Research Coverage
7 Analysts

Profitability

Trailing P/E Ratio
36.26
Forward P/E Ratio
27.12
P/E Growth
N/A
Net Income
$117.57 million
Pretax Margin
27.30%

Debt

Sales & Book Value

Annual Sales
$609.96 million
Cash Flow
$4.60 per share
Price / Cash Flow
35.30
Book Value
$27.55 per share
Price / Book
5.90

Miscellaneous

Free Float
25,328,000
Market Cap
$4.34 billion
Optionable
Optionable
Beta
0.51
These 7 Stocks Will Be Magnificent in 2025 Cover

Discover the next wave of investment opportunities with our report, 7 Stocks That Will Be Magnificent in 2025. Explore companies poised to replicate the growth, innovation, and value creation of the tech giants dominating today's markets.

Get This Free Report

This page (NASDAQ:PLMR) was last updated on 5/28/2025 by MarketBeat.com Staff
From Our Partners