NASDAQ:PLMR - Palomar Stock Price, Forecast & News

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

Palomar Holdings Inc (NASDAQ:PLMR) announced its quarterly earnings data on Monday, November, 4th. The company reported $0.40 EPS for the quarter, missing the Zacks' consensus estimate of $0.41 by $0.01. The business earned $30.10 million during the quarter, compared to the consensus estimate of $30.09 million. View Palomar's Earnings History.

Palomar is scheduled to release their next quarterly earnings announcement on Monday, February 3rd 2020. View Earnings Estimates for Palomar.

7 brokerages have issued 1-year target prices for Palomar's shares. Their forecasts range from $36.00 to $57.00. On average, they expect Palomar's share price to reach $47.60 in the next year. This suggests that the stock has a possible downside of 8.0%. View Analyst Price Targets for Palomar.

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.

News headlines about PLMR stock have been trending very positive on Friday, according to InfoTrie Sentiment Analysis. InfoTrie rates the sentiment of press coverage by monitoring more than six thousand news and blog sources in real-time. The firm ranks coverage of companies on a scale of -5 to 5, with scores nearest to five being the most favorable. Palomar earned a media sentiment score of 3.9 on InfoTrie's scale. They also gave media headlines about the company a news buzz of 10.0 out of 10, meaning that recent press coverage is extremely likely to have an effect on the stock's share price in the next several days. View News Stories for Palomar.

Palomar saw a increase in short interest in December. As of December 31st, there was short interest totalling 927,000 shares, an increase of 37.1% from the December 15th total of 676,100 shares. Based on an average trading volume of 260,200 shares, the short-interest ratio is currently 3.6 days. Approximately 7.0% of the company's shares are sold short. View Palomar's Current Options Chain.

Some companies that are related to Palomar include Enstar Group (ESGR), RLI (RLI), Selective Insurance Group (SIGI), White Mountains Insurance Group (WTM), Mercury General (MCY), National General (NGHC), Kinsale Capital Group (KNSL), ProAssurance (PRA), Horace Mann Educators (HMN), Safety Insurance Group (SAFT), Employers (EIG), State Auto Financial (STFC), James River Group (JRVR), Amerisafe (AMSF) and United Fire Group (UFCS).

Based on aggregate information from My MarketBeat watchlists, some companies that other Palomar investors own include InMode (INMD), Advanced Micro Devices (AMD), Visa (V), Axsome Therapeutics (AXSM), Copart (CPRT), Fortinet (FTNT), Gilead Sciences (GILD), Huntington Bancshares (HBAN), LPL Financial (LPLA) and Lululemon Athletica (LULU).

(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's stock is owned by a number of of institutional and retail investors. Top institutional shareholders include Peregrine Capital Management LLC (1.82%) and LGT Capital Partners LTD. (0.37%). Company insiders that own Palomar stock include Andrew T Robinson, George L Estes III, Heath A Fisher, Jon Christianson, Mac Armstrong, Robert E Dowdell 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 and LGT Capital Partners LTD.. 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 and Vi Gp Aiv Ltd Genstar. View Insider Buying and Selling 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 $51.76.

Palomar has a market capitalization of $1.25 billion. View Additional Information About Palomar.

The official website for Palomar is http://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]