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Palomar Stock Forecast, Price & News

-2.72 (-2.63 %)
(As of 09/19/2020 12:07 AM ET)
Today's Range
Now: $100.53
50-Day Range
MA: $103.65
52-Week Range
Now: $100.53
Volume1.17 million shs
Average Volume351,949 shs
Market Capitalization$2.56 billion
P/E Ratio58.45
Dividend YieldN/A
There is no company description available for Palomar Holdings Inc.
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Beat the Market (BTM) Rank

Analyst Opinion: 1.4Community Rank: 2.8Dividend Strength: 0.0Insider Behavior: 1.0Valuation: 1.3 5 -4 -3 -2 -1 -

Overall Beat the Market Rank

1.29 out of 5 stars

Industry, Sector and Symbol

Industry Fire, marine, & casualty insurance
Current SymbolNASDAQ:PLMR



Sales & Book Value

Annual Sales$113.30 million
Cash Flow$1.56 per share
Book Value$9.02 per share


Net Income$10.62 million


Market Cap$2.56 billion
Next Earnings Date11/2/2020 (Estimated)
OptionableNot Optionable
-2.72 (-2.63 %)
(As of 09/19/2020 12:07 AM ET)
30 days | 90 days | 365 days | Advanced Chart

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Palomar (NASDAQ:PLMR) Frequently Asked Questions

How has Palomar's stock price been impacted by COVID-19?

Palomar's stock was trading at $47.51 on March 11th, 2020 when COVID-19 reached pandemic status according to the World Health Organization (WHO). Since then, PLMR stock has increased by 111.6% and is now trading at $100.53.
View which stocks have been most impacted by COVID-19

Do Wall Street analysts recommend investors buy shares of Palomar?

6 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Palomar in the last year. There are currently 1 hold rating and 5 buy ratings for the stock, resulting in a consensus recommendation of "Buy."
View analyst ratings for Palomar

When is Palomar's next earnings date?

Palomar is scheduled to release its next quarterly earnings announcement on Monday, November 2nd 2020.
View our earnings forecast for Palomar

How were Palomar's earnings last quarter?

Palomar Holdings Inc (NASDAQ:PLMR) released its quarterly earnings results on Tuesday, August, 4th. The company reported $0.52 EPS for the quarter, beating the consensus estimate of $0.49 by $0.03. The business had revenue of $42.37 million for the quarter, compared to the consensus estimate of $37.24 million. Palomar had a net margin of 28.80% and a return on equity of 17.46%. During the same period in the prior year, the company posted $0.36 earnings per share.
View Palomar's earnings history

What price target have analysts set for PLMR?

6 analysts have issued 12 month price objectives for Palomar's shares. Their forecasts range from $36.00 to $112.00. On average, they expect Palomar's share price to reach $70.50 in the next twelve months. This suggests that the stock has a possible downside of 29.9%.
View analysts' price targets for Palomar

Who are some of Palomar's key competitors?

What other stocks do shareholders of Palomar own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Palomar investors own include Advanced Micro Devices (AMD), NVIDIA (NVDA), Docusign (DOCU), Crowdstrike (CRWD), Taiwan Semiconductor Mfg. (TSM), Trade Desk (TTD), Dynatrace (DT), Etsy (ETSY), Livongo Health (LVGO) and Netflix (NFLX).

When did Palomar IPO?

(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) served as the underwriters for the IPO and Evercore ISI, William Blair, Sandler O'Neill + Partners and SunTrust Robinson Humphrey were co-managers.

What is Palomar's stock symbol?

Palomar trades on the NASDAQ under the ticker symbol "PLMR."

Who are Palomar's major shareholders?

Palomar's stock is owned by many different retail and institutional investors. Top institutional investors include Vanguard Group Inc. (5.16%), Stephens Investment Management Group LLC (2.77%), Bank of New York Mellon Corp (2.44%), Goldman Sachs Group Inc. (2.28%), Blackstone Group Inc (2.10%) and Blair William & Co. IL (2.05%). Company insiders that own Palomar stock include Andrew T Robinson, George L Estes III, Heath A Fisher, Jon Christianson, Mac Armstrong, Robert E Dowdell, T Christopher Uchida and Vi Gp Aiv Ltd Genstar.
View institutional ownership trends for Palomar

Which institutional investors are selling Palomar stock?

PLMR stock was sold by a variety of institutional investors in the last quarter, including Driehaus Capital Management LLC, Marshall Wace North America L.P., Peregrine Capital Management LLC, Stephens Investment Management Group LLC, Gilder Gagnon Howe & Co. LLC, Sumitomo Mitsui Trust Holdings Inc., Nuveen Asset Management LLC, and RMB Capital Management LLC. Company insiders that have sold Palomar company stock in the last year include Andrew T Robinson, George L Estes III, Heath A Fisher, Jon Christianson, Mac Armstrong, Robert E Dowdell, T Christopher Uchida, and Vi Gp Aiv Ltd Genstar.
View insider buying and selling activity for Palomar

Which institutional investors are buying Palomar stock?

PLMR stock was purchased by a variety of institutional investors in the last quarter, including Vanguard Group Inc., Blackstone Group Inc, KAMES CAPITAL plc, Principal Financial Group Inc., Principal Financial Group Inc., Goldman Sachs Group Inc., Point72 Asset Management L.P., and Bank of New York Mellon Corp.
View insider buying and selling activity for Palomar

How do I buy shares of Palomar?

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

What is Palomar's stock price today?

One share of PLMR stock can currently be purchased for approximately $100.53.

How big of a company is Palomar?

Palomar has a market capitalization of $2.56 billion and generates $113.30 million in revenue each year. The company earns $10.62 million in net income (profit) each year or $1.73 on an earnings per share basis.

What is Palomar's official website?

The official website for Palomar is www.palomarspecialty.com.

How can I contact Palomar?

Palomar's mailing address is 7979 IVANHOE AVENUE SUITE 500, LA JOLLA CA, 92037. The company can be reached via phone at 619-567-5290 or via email at [email protected]

This page was last updated on 9/21/2020 by MarketBeat.com Staff

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