William Blair Predicts Palomar's Q3 Earnings (NASDAQ:PLMR)

Palomar Holdings, Inc. (NASDAQ:PLMR - Free Report) - William Blair increased their Q3 2025 earnings estimates for shares of Palomar in a research report issued on Wednesday, June 4th. William Blair analyst A. Klauber now expects that the company will earn $1.32 per share for the quarter, up from their prior forecast of $1.28. The consensus estimate for Palomar's current full-year earnings is $5.99 per share. William Blair also issued estimates for Palomar's Q4 2025 earnings at $2.01 EPS.

Palomar (NASDAQ:PLMR - Get Free Report) last announced 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 firm had revenue of $174.63 million for the quarter, compared to the consensus estimate of $161.97 million. Palomar had a return on equity of 19.76% and a net margin of 21.23%. During the same quarter in the previous year, the business earned $1.09 EPS.

A number of other equities research analysts also recently issued reports on PLMR. Evercore ISI increased their price target on shares of Palomar from $163.00 to $168.00 and gave the stock an "in-line" rating in a report on Friday, May 30th. JMP Securities reiterated a "market perform" rating on shares of Palomar in a research report on Thursday, February 13th. Wall Street Zen raised Palomar from a "hold" rating to a "buy" rating in a report on Friday, May 30th. Keefe, Bruyette & Woods lowered their price target on Palomar from $155.00 to $145.00 and set an "outperform" rating on the stock in a research report on Wednesday, April 9th. Finally, Piper Sandler lifted their target price on shares of Palomar from $171.00 to $177.00 and gave the stock an "overweight" rating in a research report on Friday, May 30th. Two analysts have rated the stock with a hold rating and six have given a buy rating to the company's stock. According to data from MarketBeat, the stock has a consensus rating of "Moderate Buy" and an average target price of $164.33.

Palomar Price Performance

Shares of NASDAQ PLMR opened at $166.00 on Monday. The stock has a market capitalization of $4.44 billion, a PE ratio of 37.05 and a beta of 0.50. Palomar has a one year low of $77.28 and a one year high of $175.85. The business's fifty day moving average price is $153.67 and its 200-day moving average price is $128.59.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently modified their holdings of PLMR. Blue Trust Inc. bought a new stake in Palomar in the fourth quarter valued at about $26,000. Smartleaf Asset Management LLC grew its position in Palomar by 536.9% during the 4th quarter. Smartleaf Asset Management LLC now owns 414 shares of the company's stock worth $43,000 after acquiring an additional 349 shares during the last quarter. Nisa Investment Advisors LLC grew its holdings in Palomar by 185.3% during the 1st quarter. Nisa Investment Advisors LLC now owns 311 shares of the company's stock worth $43,000 after acquiring an additional 202 shares during the last quarter. Opal Wealth Advisors LLC bought a new stake in shares of Palomar during the first quarter valued at approximately $46,000. Finally, Jones Financial Companies Lllp boosted its position in Palomar by 63.2% in the 4th quarter. Jones Financial Companies Lllp now owns 493 shares of the company's stock valued at $52,000 after buying an additional 191 shares during the last quarter. Institutional investors own 90.25% of the company's stock.

Insider Activity

In other Palomar news, CFO T Christopher Uchida sold 500 shares of the firm's stock in a transaction on Wednesday, April 16th. The shares were sold at an average price of $153.04, for a total transaction of $76,520.00. Following the completion of the transaction, the chief financial officer now directly owns 7,672 shares of the company's stock, valued at $1,174,122.88. This trade represents a 6.12% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, CEO Mac Armstrong sold 5,000 shares of the business's stock in a transaction that occurred on Wednesday, May 21st. The stock was sold at an average price of $161.96, for a total value of $809,800.00. Following the transaction, the chief executive officer now owns 392,388 shares of the company's stock, valued at approximately $63,551,160.48. This represents a 1.26% decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last three months, insiders sold 22,202 shares of company stock valued at $3,265,129. Insiders own 3.70% of the company's stock.

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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