×
S&P 500   3,785.38
DOW   30,775.43
QQQ   280.28
S&P 500   3,785.38
DOW   30,775.43
QQQ   280.28
S&P 500   3,785.38
DOW   30,775.43
QQQ   280.28
S&P 500   3,785.38
DOW   30,775.43
QQQ   280.28
NASDAQ:PLMR

Palomar Stock Forecast, Price & News

$64.40
+2.46 (+3.97%)
(As of 06/30/2022 04:00 PM ET)
Add
Compare
Today's Range
$60.71
$64.46
50-Day Range
$51.18
$66.53
52-Week Range
$44.01
$97.18
Volume
115,256 shs
Average Volume
155,807 shs
Market Capitalization
$1.62 billion
P/E Ratio
38.33
Dividend Yield
N/A
Price Target
$80.80
30 days | 90 days | 365 days | Advanced Chart

Receive PLMR Stock News and Ratings via Email

Sign-up to receive the latest news and ratings for Palomar and its competitors with MarketBeat's FREE daily newsletter.

PLMR Stock Forecast (MarketRank)

Overall MarketRank

2.61 out of 5 stars

Finance Sector

509th out of 1,394 stocks

Fire, Marine, & Casualty Insurance Industry

28th out of 74 stocks

Analyst Opinion: 3.5Community Rank: 4.5Dividend Strength: 0.0Insider Behavior: 2.5Valuation: 2.5 5 -4 -3 -2 -1 -
Palomar logo

About Palomar (NASDAQ:PLMR)

Palomar Holdings, Inc., an insurance holding company, provides specialty property insurance to residential and commercial customers. The company offers personal and commercial specialty property insurance products, including residential and commercial earthquake, commercial all risk, specialty homeowners, inland marine, Hawaii hurricane, and residential flood, as well as other products, such as assumed reinsurance, commercial flood, real estate error and omission, and real estate investor products. It markets and distributes its products through retail agents, wholesale brokers, program administrators, and carrier partnerships. The company was formerly known as GC Palomar Holdings. Palomar Holdings, Inc. was incorporated in 2013 and is headquartered in La Jolla, California.

PLMR Stock News Headlines

Piper Sandler Upgrades Palomar (NASDAQ:PLMR) to "Overweight"
See More Headlines

Industry, Sector and Symbol

Industry
Fire, marine, & casualty insurance
Sub-Industry
N/A
Sector
Finance
Current Symbol
NASDAQ:PLMR
Employees
151
Year Founded
N/A

Company Calendar

Last Earnings
5/04/2022
Today
7/01/2022
Next Earnings (Estimated)
8/03/2022
Fiscal Year End
12/31/2022

Price Target and Rating

Average Stock Price Forecast
$80.80
High Stock Price Forecast
$87.00
Low Stock Price Forecast
$70.00
Forecasted Upside/Downside
+25.5%
Consensus Rating
Buy
Rating Score (0-4)
3
Research Coverage
5 Analysts

Profitability

Net Income
$45.85 million
Pretax Margin
20.28%

Debt

Sales & Book Value

Annual Sales
$247.79 million
Cash Flow
$2.33 per share
Book Value
$15.51 per share

Miscellaneous

Free Float
24,072,000
Market Cap
$1.62 billion
Optionable
Not Optionable
Beta
0.19














Palomar Frequently Asked Questions

Should I buy or sell Palomar stock right now?

5 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Palomar in the last year. There are currently 5 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "buy" Palomar stock.
View analyst ratings for Palomar
or view top-rated stocks.

What is Palomar's stock price forecast for 2022?

5 Wall Street analysts have issued twelve-month price targets for Palomar's shares. Their PLMR stock forecasts range from $70.00 to $87.00. On average, they anticipate Palomar's share price to reach $80.80 in the next year. This suggests a possible upside of 25.5% from the stock's current price.
View analysts' price targets for Palomar
or view top-rated stocks among Wall Street analysts.

How has Palomar's stock performed in 2022?

Palomar's stock was trading at $64.77 on January 1st, 2022. Since then, PLMR shares have decreased by 0.6% and is now trading at $64.40.
View the best growth stocks for 2022 here
.

When is Palomar's next earnings date?

Palomar is scheduled to release its next quarterly earnings announcement on Wednesday, August 3rd 2022.
View our earnings forecast for Palomar
.

How were Palomar's earnings last quarter?

Palomar Holdings, Inc. (NASDAQ:PLMR) issued its earnings results on Wednesday, May, 4th. The company reported $0.68 EPS for the quarter, beating analysts' consensus estimates of $0.62 by $0.06. The firm had revenue of $79.39 million for the quarter, compared to analysts' expectations of $76.89 million. Palomar had a net margin of 15.82% and a trailing twelve-month return on equity of 13.53%. During the same quarter in the prior year, the business posted $0.73 earnings per share.
View Palomar's earnings history
.

Who are Palomar's key executives?

Palomar's management team includes the following people:
  • Mr. D. McDonald Armstrong, Founder, CEO & Chairman
  • Mr. Jon Marcus Christianson, Pres (Age 42, Pay $594.69k)
  • Mr. Toshio Christopher Uchida, Chief Financial Officer (Age 47, Pay $655.54k) (LinkedIn Profile)
  • Mr. Jonathan Blake Knutzen, Chief Risk Officer (Age 50, Pay $477.88k)
  • Ms. Elizabeth Whitaker Seitz, Chief Accounting Officer
  • Mr. Mark Brose, Chief Technology Officer
  • Ms. Angela Leann Grant, Chief Legal Officer & Corp. Sec. (Age 53)
  • Mr. Kyle Morgan, Sr. VP of Corp. Devel. & Strategy
  • Mr. John MacDonald, Sr. VP of Marketing
  • Ms. Michelle Antoinette Johnson, Chief Talent & Diversity Officer (Age 46)

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), Trade Desk (TTD), Beyond Meat (BYND), Dynatrace (DT) and Roku (ROKU).

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.

What is Palomar's stock symbol?

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

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.
Compare Top Brokerages Here.

What is Palomar's stock price today?

One share of PLMR stock can currently be purchased for approximately $64.40.

How much money does Palomar make?

Palomar (NASDAQ:PLMR) has a market capitalization of $1.62 billion and generates $247.79 million in revenue each year. The company earns $45.85 million in net income (profit) each year or $1.68 on an earnings per share basis.

How many employees does Palomar have?

Palomar employs 151 workers across the globe.

How can I contact Palomar?

Palomar's mailing address is 7979 IVANHOE AVENUE SUITE 500, LA JOLLA CA, 92037. The official website for Palomar is www.palomarspecialty.com. The company can be reached via phone at (619) 567-5290, via email at [email protected], or via fax at 619-567-6954.

This page (NASDAQ:PLMR) was last updated on 7/1/2022 by MarketBeat.com Staff

MarketBeat Resources

Premium Research Tools

MarketBeat All Access subscribers can access stock screeners, the Idea Engine, data export tools, research reports, and other premium tools.

Discover All Access

Market Data and Calendars

Looking for new stock ideas? Want to see which stocks are moving? View our full suite of financial calendars and market data tables, all for free.

View Market Data

Investing Education and Resources

Receive a free world-class investing education from MarketBeat. Learn about financial terms, types of investments, trading strategies and more.

Financial Terms
Details Here
MarketBeat - Stock Market News and Research Tools logo

MarketBeat empowers individual investors to make better trading decisions by providing real-time financial data and objective market analysis. Whether you’re looking for analyst ratings, corporate buybacks, dividends, earnings, economic reports, financials, insider trades, IPOs, SEC filings or stock splits, MarketBeat has the objective information you need to analyze any stock. Learn more about MarketBeat.

MarketBeat is accredited by the Better Business Bureau MarketBeat is rated as Great on TrustPilot

© American Consumer News, LLC dba MarketBeat® 2010-2022. All rights reserved.
326 E 8th St #105, Sioux Falls, SD 57103 | U.S. Based Support Team at [email protected] | (844) 978-6257
MarketBeat does not provide personalized financial advice and does not issue recommendations or offers to buy stock or sell any security.

Our Accessibility Statement | Terms of Service | Do Not Sell My Information | RSS Feeds

© 2022 Market data provided is at least 10-minutes delayed and hosted by Barchart Solutions. Information is provided 'as-is' and solely for informational purposes, not for trading purposes or advice, and is delayed. To see all exchange delays and terms of use please see disclaimer.