Palomar (PLMR) Projected to Announce Quarterly Earnings on Wednesday

Key Points

• Palomar is expected to report Q3 2026 results after Wednesday’s market close. Analysts project earnings of $2.56 per share and revenue of $754.28 million; the earnings call is scheduled for November 5.
• Palomar’s shares recently traded at $136.44, up 1.8%, with a market capitalization of approximately $3.59 billion. The stock has risen above both its 50-day and 200-day moving averages.
• Analyst sentiment remains positive: Palomar has a consensus “Buy” rating and an average price target of $160, although JPMorgan recently cut its target to $156 while maintaining an “overweight” rating.

Palomar (NASDAQ:PLMR - Get Free Report) is anticipated to announce its Q3 2026 results after the market closes on Wednesday, November 4th. Analysts expect Palomar to announce earnings of $2.56 per share and revenue of $754.28 million for the quarter. Parties may visit the company's upcoming Q3 2026 earnings overview page for the latest details on the call scheduled for Thursday, November 5, 2026 at 12:00 PM ET.

Palomar (NASDAQ:PLMR - Get Free Report) last posted its earnings results on Tuesday, August 4th. The company reported $2.36 earnings per share for the quarter, topping analysts' consensus estimates of $2.19 by $0.17. The company had revenue of $314.42 million during the quarter, compared to the consensus estimate of $621.52 million. Palomar had a return on equity of 23.28% and a net margin of 18.61%. During the same quarter last year, the firm earned $1.76 earnings per share. On average, analysts expect Palomar to post $9.27 EPS for the current fiscal year and $10.53 EPS for the next fiscal year.

Palomar Trading Up 1.8%

Shares of Palomar stock opened at $136.44 on Thursday. The firm has a 50-day moving average of $132.83 and a 200-day moving average of $126.32. The stock has a market cap of $3.59 billion, a PE ratio of 18.34 and a beta of 0.35. Palomar has a 52-week low of $100.81 and a 52-week high of $147.62. The company has a debt-to-equity ratio of 0.30, a quick ratio of 0.50 and a current ratio of 0.50.

Insider Transactions at Palomar

In other news, CFO T. Christopher Uchida sold 791 shares of the stock in a transaction on Tuesday, August 18th. The stock was sold at an average price of $127.74, for a total transaction of $101,042.34. Following the sale, the chief financial officer directly owned 16,238 shares of the company's stock, valued at approximately $2,074,242.12. This represents a 4.65% decrease in their position. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Also, COO Rodolphe Herve sold 1,207 shares of the firm's stock in a transaction on Friday, July 31st. The stock was sold at an average price of $135.35, for a total value of $163,367.45. Following the completion of the transaction, the chief operating officer owned 3,548 shares in the company, valued at $480,221.80. The trade was a 25.38% decrease in their position. The disclosure for this sale is available in the SEC filing. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Over the last three months, insiders sold 13,322 shares of company stock worth $1,783,291. Corporate insiders own 3.70% of the company's stock.

Analysts Set New Price Targets

PLMR has been the topic of a number of recent research reports. JPMorgan Chase & Co. lowered their price target on shares of Palomar from $167.00 to $156.00 and set an "overweight" rating on the stock in a research report on Friday, October 9th. Weiss Ratings upgraded shares of Palomar from a "buy (b)" rating to a "buy (b+)" rating in a research note on Friday, October 16th. Evercore set a $152.00 price objective on shares of Palomar in a report on Friday, July 10th. Keefe, Bruyette & Woods increased their target price on shares of Palomar from $166.00 to $167.00 and gave the stock an "outperform" rating in a research report on Monday, August 10th. Finally, Zacks Research upgraded shares of Palomar from a "hold" rating to a "strong-buy" rating in a research report on Wednesday, September 30th. One research analyst has rated the stock with a Strong Buy rating and five have assigned a Buy rating to the company. Based on data from MarketBeat.com, the stock presently has an average rating of "Buy" and a consensus target price of $160.00.

Palomar Company Profile

Palomar Holdings, Inc is a specialty insurance company that provides property and casualty insurance products in markets that may be underserved by traditional insurers. The company focuses on risks that are complex, difficult to place or exposed to natural catastrophes, using specialized underwriting and risk-management capabilities.

Its offerings include residential and commercial earthquake insurance, inland marine coverage, specialty property insurance, casualty products, workers' compensation and other tailored insurance solutions.

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