Research Analysts Offer Predictions for Palomar Q4 Earnings

Palomar Holdings, Inc. (NASDAQ:PLMR - Free Report) - Equities research analysts at Zacks Research lifted their Q4 2025 EPS estimates for Palomar in a research note issued to investors on Wednesday, June 11th. Zacks Research analyst S. Sarkar now forecasts that the company will post earnings of $1.68 per share for the quarter, up from their prior estimate of $1.66. The consensus estimate for Palomar's current full-year earnings is $5.99 per share. Zacks Research also issued estimates for Palomar's Q4 2026 earnings at $2.33 EPS.

Other analysts have also recently issued reports about the company. Truist Financial upped their target price on Palomar from $150.00 to $178.00 and gave the company a "buy" rating in a report on Tuesday, April 15th. Jefferies Financial Group upped their price objective on shares of Palomar from $145.00 to $168.00 and gave the company a "buy" rating in a report on Friday, April 11th. Wall Street Zen upgraded shares of Palomar from a "hold" rating to a "buy" rating in a research report on Friday, May 30th. Piper Sandler boosted their target price on shares of Palomar from $171.00 to $177.00 and gave the company an "overweight" rating in a report on Friday, May 30th. Finally, Evercore ISI increased their price target on shares of Palomar from $163.00 to $168.00 and gave the company an "in-line" rating in a research note on Friday, May 30th. Two equities research analysts have rated the stock with a hold rating and six have assigned a buy rating to the company. According to data from MarketBeat.com, Palomar currently has a consensus rating of "Moderate Buy" and a consensus target price of $164.33.

Palomar Stock Performance

NASDAQ:PLMR opened at $160.93 on Monday. Palomar has a one year low of $77.28 and a one year high of $175.85. The stock has a market cap of $4.30 billion, a PE ratio of 35.92 and a beta of 0.50. The stock has a 50 day moving average price of $156.07 and a 200 day moving average price of $130.38.

Palomar (NASDAQ:PLMR - Get Free Report) last released its earnings results on Monday, May 5th. The company reported $1.87 earnings per share for the quarter, topping analysts' consensus estimates of $1.61 by $0.26. The business had revenue of $174.63 million for the quarter, compared to analyst estimates of $161.97 million. Palomar had a net margin of 21.23% and a return on equity of 19.76%. During the same period last year, the company posted $1.09 EPS.

Insider Activity at Palomar

In other news, CEO Mac Armstrong sold 5,000 shares of Palomar stock in a transaction on Friday, March 21st. The stock was sold at an average price of $129.72, for a total value of $648,600.00. Following the completion of the sale, the chief executive officer now directly owns 402,388 shares of the company's stock, valued at approximately $52,197,771.36. The trade was a 1.23% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which can be accessed through this hyperlink. Also, CFO T Christopher Uchida sold 500 shares of the business's stock in a transaction on Wednesday, April 16th. The shares were sold at an average price of $153.04, for a total value of $76,520.00. Following the completion of the sale, the chief financial officer now owns 7,672 shares in the company, valued at $1,174,122.88. This represents a 6.12% decrease in their position. The disclosure for this sale can be found here. In the last ninety days, insiders have sold 22,202 shares of company stock worth $3,265,129. Company insiders own 3.70% of the company's stock.

Hedge Funds Weigh In On Palomar

A number of hedge funds and other institutional investors have recently bought and sold shares of PLMR. Vanguard Group Inc. increased its stake in Palomar by 2.1% during the fourth quarter. Vanguard Group Inc. now owns 2,574,923 shares of the company's stock worth $271,886,000 after purchasing an additional 53,123 shares during the period. American Century Companies Inc. grew its holdings in shares of Palomar by 5.6% in the first quarter. American Century Companies Inc. now owns 829,124 shares of the company's stock valued at $113,656,000 after purchasing an additional 43,705 shares in the last quarter. Geode Capital Management LLC increased its stake in Palomar by 3.1% during the 4th quarter. Geode Capital Management LLC now owns 618,840 shares of the company's stock worth $65,358,000 after buying an additional 18,748 shares during the period. Westfield Capital Management Co. LP increased its stake in Palomar by 4.2% during the 1st quarter. Westfield Capital Management Co. LP now owns 618,598 shares of the company's stock worth $84,797,000 after buying an additional 25,138 shares during the period. Finally, Dimensional Fund Advisors LP lifted its holdings in Palomar by 3.2% during the 4th quarter. Dimensional Fund Advisors LP now owns 561,740 shares of the company's stock worth $59,313,000 after buying an additional 17,320 shares in the last quarter. 90.25% of the stock is currently owned by hedge funds and other institutional investors.

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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