NASDAQ:PLMRPalomar Stock Price, Forecast & News

Palomar's stock was trading at $47.51 on March 11th, 2020 when COVID-19 (Coronavirus) reached pandemic status according to the World Health Organization. Since then, PLMR stock has increased by 115.4% and is now trading at $102.33.
View which stocks have been most impacted by Coronavirus.

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

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

Palomar Holdings Inc (NASDAQ:PLMR) posted its quarterly earnings data on Tuesday, August, 4th. The company reported $0.52 EPS for the quarter, beating the Thomson Reuters' consensus estimate of $0.49 by $0.03. Palomar had a return on equity of 17.46% and a net margin of 28.80%. During the same period in the prior year, the firm posted $0.36 EPS.
View Palomar's earnings history.

7 analysts have issued 12-month target prices for Palomar's shares. Their forecasts range from $36.00 to $95.00. On average, they expect Palomar's share price to reach $67.67 in the next twelve months. This suggests that the stock has a possible downside of 33.9%.
View analysts' price targets for Palomar.

Media coverage about PLMR stock has trended very positive this week, InfoTrie reports. The research firm identifies negative and positive media coverage by monitoring more than six thousand blog and news sources in real-time. The firm ranks coverage of publicly-traded companies on a scale of -5 to 5, with scores nearest to five being the most favorable. Palomar earned a news impact score of 4.0 on InfoTrie's scale. They also gave news headlines about the company a news buzz of 0.0 out of 10, meaning that recent media coverage is extremely unlikely to have an effect on the stock's share price in the immediate future.
View the latest news about Palomar.

Some companies that are related to Palomar include RenaissanceRe (RNR), Cna Financial (CNA), Fairfax Financial Holdings Ltd Subordinate Voting Shares (FRFHF), Alleghany (Y), American Financial Group (AFG), Kemper (KMPR), Kinsale Capital Group (KNSL), RLI (RLI), National General (NGHC), Hanover Insurance Group (THG), Enstar Group (ESGR), Lemonade (LMND), Axis Capital (AXS), Selective Insurance Group (SIGI) and White Mountains Insurance Group (WTM).
View all competitors.

Based on aggregate information from My MarketBeat watchlists, some companies that other Palomar investors own include Advanced Micro Devices (AMD), NVIDIA (NVDA), AbbVie (ABBV), Alibaba Group (BABA), Trade Desk (TTD), Verizon Communications (VZ), Bristol-Myers Squibb (BMY), Canopy Growth (CGC), Lululemon Athletica (LULU) and Metlife (MET).

(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.

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

Palomar's stock is owned by a variety of retail and institutional investors. Top institutional investors include Emerald Advisers LLC (1.96%), Emerald Mutual Fund Advisers Trust (1.83%), Peregrine Capital Management LLC (1.43%), Sumitomo Mitsui Trust Holdings Inc. (1.34%), KAMES CAPITAL plc (0.94%) and Redwood Investments LLC (0.76%). 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.

PLMR stock was sold by a variety of institutional investors in the last quarter, including Peregrine Capital Management LLC, Sumitomo Mitsui Trust Holdings Inc., RMB Capital Management LLC, CWM LLC, UBS Group AG, Chartwell Investment Partners LLC, Strs Ohio, and PNC Financial Services Group Inc.. 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.

PLMR stock was bought by a variety of institutional investors in the last quarter, including KAMES CAPITAL plc, Principal Financial Group Inc., Oak Ridge Investments LLC, Emerald Mutual Fund Advisers Trust, Summit Creek Advisors LLC, First Trust Advisors LP, WINTON GROUP Ltd, and Emerald Advisers LLC.
View insider buying and selling activity for 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.

One share of PLMR stock can currently be purchased for approximately $102.33.

Palomar has a market capitalization of $2.48 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.

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

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]