Palomar (PLMR) Projected to Post Quarterly Earnings on Monday

Key Points

• Palomar Holdings, Inc. is set to announce its Q2 2025 earnings on August 4th, with expected earnings of $1.68 per share and revenue of $173.86 million.
• The company recently reported Q1 2025 earnings of $1.87 per share, exceeding analysts' expectations, with a return on equity of 20.56% and a net margin of 21.99%.
• Analysts have given Palomar a consensus rating of "Moderate Buy" with an average target price of $174.17, reflecting positive sentiment towards the stock.

Palomar (NASDAQ:PLMR - Get Free Report) is anticipated to announce its Q2 2025 earnings results before the market opens on Monday, August 4th. Analysts expect the company to announce earnings of $1.68 per share and revenue of $173.86 million for the quarter.

Palomar (NASDAQ:PLMR - Get Free Report) last released its quarterly earnings data on Monday, May 5th. The company reported $1.87 EPS for the quarter, beating analysts' consensus estimates of $1.61 by $0.26. Palomar had a return on equity of 20.56% and a net margin of 21.99%. The firm had revenue of $174.63 million for the quarter, compared to analysts' expectations of $161.97 million. During the same period in the prior year, the firm posted $1.09 earnings per share. On average, analysts expect Palomar to post $6 EPS for the current fiscal year and $7 EPS for the next fiscal year.

Palomar Stock Performance

PLMR opened at $132.52 on Monday. Palomar has a one year low of $82.54 and a one year high of $175.85. The stock has a market capitalization of $3.54 billion, a PE ratio of 26.45 and a beta of 0.46. The business's 50 day moving average price is $153.65 and its 200 day moving average price is $138.72.

Analyst Ratings Changes

A number of research analysts recently commented on PLMR shares. Jefferies Financial Group upped their price objective on Palomar from $145.00 to $168.00 and gave the company a "buy" rating in a report on Friday, April 11th. Piper Sandler upped their price target on Palomar from $171.00 to $177.00 and gave the stock an "overweight" rating in a research note on Friday, May 30th. JPMorgan Chase & Co. upgraded Palomar from a "neutral" rating to an "overweight" rating and upped their price target for the stock from $115.00 to $150.00 in a research note on Tuesday, April 8th. Wall Street Zen cut Palomar from a "buy" rating to a "hold" rating in a research note on Saturday, July 5th. Finally, Evercore ISI upped their price target on Palomar from $163.00 to $168.00 and gave the stock an "in-line" rating in a research note on Friday, May 30th. Three equities research analysts have rated the stock with a hold rating and five have assigned a buy rating to the stock. According to data from MarketBeat, the stock has a consensus rating of "Moderate Buy" and an average target price of $174.17.

Insider Activity

In other news, CFO T Christopher Uchida sold 500 shares of the stock in a transaction on Wednesday, July 16th. The stock was sold at an average price of $143.10, for a total value of $71,550.00. Following the sale, the chief financial officer directly owned 6,920 shares in the company, valued at approximately $990,252. This trade represents a 6.74% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, CEO Mac Armstrong sold 5,000 shares of the stock in a transaction on Monday, July 21st. The shares were sold at an average price of $140.10, for a total value of $700,500.00. Following the completion of the sale, the chief executive officer owned 382,388 shares in the company, valued at approximately $53,572,558.80. The trade was a 1.29% decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last three months, insiders have sold 20,164 shares of company stock worth $3,061,089. Corporate insiders own 3.70% of the company's stock.

Institutional Trading of Palomar

Several hedge funds have recently modified their holdings of PLMR. Jane Street Group LLC acquired a new stake in shares of Palomar in the first quarter valued at $4,723,000. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC increased its holdings in Palomar by 11.9% in the first quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 72,661 shares of the company's stock valued at $9,960,000 after buying an additional 7,754 shares during the last quarter. United Services Automobile Association purchased a new position in Palomar in the first quarter valued at $223,000. Royal Bank of Canada increased its holdings in Palomar by 49.1% in the first quarter. Royal Bank of Canada now owns 2,956 shares of the company's stock valued at $406,000 after buying an additional 974 shares during the last quarter. Finally, MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. increased its holdings in Palomar by 5.4% in the first quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 15,427 shares of the company's stock valued at $2,115,000 after buying an additional 791 shares during the last quarter. 90.25% of the stock is currently owned by institutional investors and hedge funds.

Palomar Company Profile

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.

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