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DOW   30,814.26
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S&P 500   3,768.25
DOW   30,814.26
QQQ   311.86
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S&P 500   3,768.25
DOW   30,814.26
QQQ   311.86
pixel
S&P 500   3,768.25
DOW   30,814.26
QQQ   311.86
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NASDAQ:PLMR

Palomar Stock Forecast, Price & News

$98.06
-4.28 (-4.18 %)
(As of 01/15/2021 12:00 AM ET)
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Today's Range
$96.59
Now: $98.06
$102.70
50-Day Range
$65.90
MA: $83.68
$102.34
52-Week Range
$39.21
Now: $98.06
$121.87
Volume188,127 shs
Average Volume196,473 shs
Market Capitalization$2.50 billion
P/E Ratio57.01
Dividend YieldN/A
Beta0.14
Palomar Holdings, Inc. provides specialty property insurance. It offers personal and commercial specialty property insurance products, including residential and commercial earthquake, specialty homeowners, commercial all-risk, Hawaii hurricane, residential flood, inland marine, assumed reinsurance, and real estate investor. The company was formerly known as GC Palomar Holdings. Palomar Holdings, Inc. was incorporated in 2013 and is headquartered in La Jolla, California.

MarketRank

Overall MarketRank

1.51 out of 5 stars

Finance Sector

622nd out of 1,651 stocks

Fire, Marine, & Casualty Insurance Industry

38th out of 76 stocks

Analyst Opinion: 1.3Community Rank: 2.7Dividend Strength: 0.0Insider Behavior: 1.7Valuation: 1.9 5 -4 -3 -2 -1 -

Industry, Sector and Symbol

Industry Fire, marine, & casualty insurance
Sub-IndustryN/A
SectorFinance
Current SymbolNASDAQ:PLMR
CUSIPN/A
CIKN/A
Phone619-567-5290
Employees77

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$113.30 million
Cash Flow$1.78 per share
Book Value$9.02 per share

Profitability

Net Income$10.62 million

Miscellaneous

Market Cap$2.50 billion
Next Earnings Date2/16/2021 (Estimated)
OptionableNot Optionable
$98.06
-4.28 (-4.18 %)
(As of 01/15/2021 12:00 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 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. Since then, PLMR stock has increased by 106.4% and is now trading at $98.06.
View which stocks have been most impacted by COVID-19
.

Is Palomar a buy right now?

5 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Palomar in the last twelve months. There are currently 2 hold ratings and 3 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "buy" Palomar stock.
View analyst ratings for Palomar
or view MarketBeat's top 5 stock picks.

What stocks does MarketBeat like better than Palomar?

Wall Street analysts have given Palomar a "Buy" rating, but there may be better short-term opportunities in the market. Some of MarketBeat's past winning trading ideas have resulted in 5-15% weekly gains. MarketBeat just released five new trading ideas, but Palomar wasn't one of them. MarketBeat thinks these five stocks may be even better buys.
View MarketBeat's top stock picks here.

When is Palomar's next earnings date?

Palomar is scheduled to release its next quarterly earnings announcement on Tuesday, February 16th 2021.
View our earnings forecast for Palomar
.

How were Palomar's earnings last quarter?

Palomar Holdings, Inc. (NASDAQ:PLMR) announced its quarterly earnings results on Tuesday, November, 10th. The company reported ($0.60) earnings per share (EPS) for the quarter, missing the Zacks' consensus estimate of ($0.54) by $0.06. The company earned $42.84 million during the quarter, compared to analyst estimates of $45.55 million. Palomar had a net margin of 28.80% and a return on equity of 17.46%. Palomar's quarterly revenue was up 51.0% on a year-over-year basis. During the same quarter in the prior year, the company posted $0.40 earnings per share.
View Palomar's earnings history
.

What price target have analysts set for PLMR?

5 brokers have issued 1 year target prices for Palomar's shares. Their forecasts range from $60.00 to $125.00. On average, they expect Palomar's share price to reach $92.67 in the next year. This suggests that the stock has a possible downside of 5.5%.
View analysts' price targets for Palomar
or view Wall Street analyst' top-rated stocks.

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 Manufacturing (TSM), Teladoc Health (TDOC), The Trade Desk (TTD), Beyond Meat (BYND), Dynatrace (DT) and Roku (ROKU).

Who are Palomar's key executives?

Palomar's management team includes the following people:
  • Mr. D. McDonald Armstrong, Founder, CEO & Chairman
  • Mr. Heath Adam Fisher, Pres & Co-Founder (Age 45, Pay $1.3M)
  • Mr. Jon Marcus Christianson, Chief Underwriting Officer (Age 40, Pay $523.4k)
  • Mr. Toshio Christopher Uchida, CFO & Corp. Sec. (Age 47)
  • Mr. Britt Morries, Chief Operating Officer (Age 48)
  • Ms. Elizabeth Whitaker Seitz, Chief Accounting Officer
  • Ms. Angela L. Grant, Chief Legal Officer
  • Mr. Kyle Morgan, Sr. VP of Corp. Devel. & Strategy
  • Mr. John MacDonald, Sr. VP of Marketing
  • Ms. Michelle Antoinette Johnson, Sr. VP of People & Talent (Age 44)

When did Palomar IPO?

(PLMR) raised $63 million in an initial public offering (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.

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 a variety of institutional and retail investors. Top institutional shareholders include Bellecapital International Ltd. (0.17%), State of Alaska Department of Revenue (0.07%), Crossmark Global Holdings Inc. (0.03%), Diversified Trust Co (0.02%) and Contravisory Investment Management Inc. (0.01%). Company insiders that own Palomar stock include Andrew T Robinson, George L Estes III, Heath A Fisher, Jon Christianson, Mac Armstrong, Michelle Antoinette Johnson, Richard H Taketa, Robert E Dowdell, T Christopher Uchida and Vi Gp Aiv Ltd Genstar.
View institutional ownership trends for Palomar
.

Which major investors are selling Palomar stock?

PLMR stock was sold by a variety of institutional investors in the last quarter, including State of Alaska Department of Revenue. Company insiders that have sold Palomar company stock in the last year include Andrew T Robinson, Heath A Fisher, Jon Christianson, Mac Armstrong, Michelle Antoinette Johnson, Robert E Dowdell, T Christopher Uchida, and Vi Gp Aiv Ltd Genstar.
View insider buying and selling activity for Palomar
or view top insider-selling stocks.

Which major investors are buying Palomar stock?

PLMR stock was purchased by a variety of institutional investors in the last quarter, including Bellecapital International Ltd., Crossmark Global Holdings Inc., Diversified Trust Co, and Contravisory Investment Management Inc.. Company insiders that have bought Palomar stock in the last two years include Richard H Taketa, and Robert E Dowdell.
View insider buying and selling activity for Palomar
or or view top insider-buying stocks.

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 WeBull, 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 $98.06.

How big of a company is Palomar?

Palomar has a market capitalization of $2.50 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. Palomar employs 77 workers across the globe.

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 1/16/2021 by MarketBeat.com Staff

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