Palomar Stock Price, News & Analysis (NASDAQ:PLMR)

$37.94
+2.02 (+5.62 %)
(As of 09/23/2019 01:28 AM ET)
Today's Range
$35.46
Now: $37.94
$37.94
50-Day Range
$28.62
MA: $33.40
$37.31
52-Week Range
$18.06
Now: $37.94
$38.24
Volume216,570 shs
Average Volume79,459 shs
Market Capitalization$890.45 million
P/E RatioN/A
Dividend YieldN/A
BetaN/A
There is no company description available for Palomar Holdings Inc.

Industry, Sector and Symbol

Industry Fire, marine, & casualty insurance
Sub-IndustryN/A
SectorFinance
Current SymbolNASDAQ:PLMR
CUSIPN/A
CIKN/A
Phone619-567-5290

Debt

Price-To-Earnings

Sales & Book Value

Annual SalesN/A

Profitability

Miscellaneous

EmployeesN/A
Market Cap$890.45 million
Next Earnings Date11/11/2019 (Estimated)
OptionableNot Optionable

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Palomar (NASDAQ:PLMR) Frequently Asked Questions

What is Palomar's stock symbol?

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

How were Palomar's earnings last quarter?

Palomar Holdings Inc (NASDAQ:PLMR) posted its quarterly earnings data on Monday, August, 12th. The company reported $0.36 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.30 by $0.06. The company earned $25.41 million during the quarter, compared to the consensus estimate of $24.25 million. View Palomar's Earnings History.

When is Palomar's next earnings date?

Palomar is scheduled to release their next quarterly earnings announcement on Monday, November 11th 2019. View Earnings Estimates for Palomar.

What price target have analysts set for PLMR?

6 brokerages have issued 12-month price targets for Palomar's shares. Their forecasts range from $20.00 to $44.00. On average, they expect Palomar's stock price to reach $35.50 in the next year. This suggests that the stock has a possible downside of 6.4%. View Analyst Price Targets for Palomar.

What is the consensus analysts' recommendation for 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.

Has Palomar been receiving favorable news coverage?

Media coverage about PLMR stock has trended somewhat negative this week, according to InfoTrie. The research group ranks the sentiment of press coverage by analyzing more than six thousand blog and news sources in real time. The firm ranks coverage of companies on a scale of negative five to positive five, with scores nearest to five being the most favorable. Palomar earned a news impact score of -1.3 on InfoTrie's scale. They also assigned media coverage about the company a news buzz of 0.0 out of 10, meaning that recent press coverage is extremely unlikely to have an effect on the company's share price in the next several days. View News Stories for Palomar.

Are investors shorting Palomar?

Palomar saw a increase in short interest in the month of August. As of August 31st, there was short interest totalling 568,500 shares, an increase of 76.0% from the July 31st total of 323,000 shares. Based on an average daily trading volume, of 117,100 shares, the days-to-cover ratio is currently 4.9 days. Currently, 7.9% of the company's shares are sold short. View Palomar's Current Options Chain.

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 India Globalization Capital (IGC), SunPower (SPWR), Pinterest (PINS) and Ideal Power (IPWR).

When did Palomar IPO?

(PLMR) raised $63 million in an IPO on Wednesday, April 17th 2019. The company issued 5,600,000 shares at $5.00-$17.62 per share. Barclays, J.P. Morgan and Keefe, Woods & Bruyette (A Stifel Company) acted as the underwriters for the IPO and Evercore ISI, William Blair, Sandler O'Neill + Partners and SunTrust Robinson Humphrey were co-managers.

When does the company's lock-up period expire?

Palomar's lock-up period expires on Monday, October 14th. Palomar had issued 5,625,000 shares in its initial public offering on April 17th. The total size of the offering was $84,375,000 based on an initial share price of $15.00. After the expiration of the company's lock-up period, restrictions preventing company insiders and major shareholders from selling shares in the company will be lifted.

Who are Palomar's major shareholders?

Palomar's stock is owned by many different of institutional and retail investors. Top institutional investors include Price T Rowe Associates Inc. MD (3.68%), Schroder Investment Management Group (1.84%), Nuveen Asset Management LLC (1.54%), BlackRock Inc. (1.26%), Putnam Investments LLC (1.13%) and Zimmer Partners LP (1.10%).

Which institutional investors are buying Palomar stock?

PLMR stock was purchased by a variety of institutional investors in the last quarter, including Price T Rowe Associates Inc. MD, Schroder Investment Management Group, Nuveen Asset Management LLC, BlackRock Inc., Putnam Investments LLC, Zimmer Partners LP, Vanguard Group Inc. and Bank of New York Mellon Corp.

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 $37.94.

How big of a company is Palomar?

Palomar has a market capitalization of $890.45 million. View Additional Information About Palomar.

What is Palomar's official website?

The official website for Palomar is http://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]


MarketBeat Community Rating for Palomar (NASDAQ PLMR)

Community Ranking:  2.6 out of 5 (star star)
Outperform Votes:  18 (Thanks for Voting!)
Underperform Votes:  16 (Thanks for Voting!)
Total Votes:  34
MarketBeat's community ratings are surveys of what our community members think about Palomar and other stocks. Vote "Outperform" if you believe PLMR will outperform the S&P 500 over the long term. Vote "Underperform" if you believe PLMR will underperform the S&P 500 over the long term. You may vote once every thirty days.
This page was last updated on 9/23/2019 by MarketBeat.com Staff

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