Palomar Stock Forecast, Price & News

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.

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.

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

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.

Some companies that are related to Palomar include RLI (RLI), Kinsale Capital Group (KNSL), Selective Insurance Group (SIGI), The Hanover Insurance Group (THG), AXIS Capital (AXS), Enstar Group (ESGR), White Mountains Insurance Group (WTM), Kemper (KMPR), Mercury General (MCY), Horace Mann Educators (HMN), Safety Insurance Group (SAFT), ProAssurance (PRA), Employers (EIG), Lemonade (LMND) and AMERISAFE (AMSF).
View all of PLMR's competitors.

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).

(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.

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

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

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.

Palomar employs 151 workers across the globe.

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.