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NASDAQ:PLMRPalomar Stock Price, Forecast & News

+1.06 (+1.30 %)
(As of 06/5/2020 04:00 PM ET)
Today's Range
Now: $82.81
50-Day Range
MA: $61.10
52-Week Range
Now: $82.81
Volume360,300 shs
Average Volume370,611 shs
Market Capitalization$2.01 billion
P/E Ratio53.77
Dividend YieldN/A
There is no company description available for Palomar Holdings Inc.
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Beat the Market (BTM) Rank

Analyst Opinion: 1.4Community Rank: 2.7Dividend Strength: 0.0Insider Behavior: 1.0Valuation: 0.6 5 -4 -3 -2 -1 -

Overall Beat the Market Rank

1.15 out of 5 stars

Industry, Sector and Symbol

Industry Fire, marine, & casualty insurance
Current SymbolNASDAQ:PLMR



Sales & Book Value

Annual Sales$113.30 million
Cash Flow$1.65 per share
Book Value$9.02 per share


Net Income$10.62 million


Market Cap$2.01 billion
Next Earnings Date8/10/2020 (Estimated)
OptionableNot Optionable

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Palomar (NASDAQ:PLMR) Frequently Asked Questions

How has Palomar's stock been impacted by COVID-19 (Coronavirus)?

Palomar's stock was trading at $47.51 on March 11th, 2020 when Coronavirus reached pandemic status according to the World Health Organization. Since then, PLMR shares have increased by 74.3% and is now trading at $82.81. View which stocks have been most impacted by Coronavirus.

Do Wall Street analysts recommend investors buy shares of 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.

When is Palomar's next earnings date?

Palomar is scheduled to release its next quarterly earnings announcement on Monday, August 10th 2020. View our earnings forecast for Palomar.

How were Palomar's earnings last quarter?

Palomar Holdings Inc (NASDAQ:PLMR) posted its quarterly earnings results on Tuesday, May, 5th. The company reported $0.50 earnings per share (EPS) for the quarter, beating the Thomson Reuters' consensus estimate of $0.39 by $0.11. The firm earned $38.02 million during the quarter, compared to analysts' expectations of $35.72 million. Palomar had a net margin of 28.53% and a return on equity of 18.64%. During the same quarter last year, the business earned $0.52 earnings per share. View Palomar's earnings history.

What price target have analysts set for PLMR?

7 Wall Street analysts have issued 12 month target prices for Palomar's stock. Their forecasts range from $36.00 to $70.00. On average, they anticipate Palomar's share price to reach $55.33 in the next year. This suggests that the stock has a possible downside of 33.2%. View analysts' price targets for Palomar.

Has Palomar been receiving favorable news coverage?

News headlines about PLMR stock have trended extremely negative recently, according to InfoTrie Sentiment Analysis. InfoTrie rates the sentiment of press coverage by reviewing more than six thousand news and blog sources. The firm ranks coverage of public companies on a scale of -5 to 5, with scores nearest to five being the most favorable. Palomar earned a news sentiment score of -4.4 on InfoTrie's scale. They also assigned news stories about the company a news buzz of 5.0 out of 10, indicating that recent press coverage is somewhat likely to have an effect on the stock's share price in the near term. View the latest news aboutPalomar.

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), AbbVie (ABBV), Alibaba Group (BABA), Trade Desk (TTD), Verizon Communications (VZ), Bristol-Myers Squibb (BMY), Canopy Growth (CGC), Lululemon Athletica (LULU) and Metlife (MET).

When did Palomar IPO?

(PLMR) raised $63 million in an initial public offering on Wednesday, April 17th 2019. The company issued 5,600,000 shares at a price of $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 number of retail and institutional investors. Top institutional shareholders include BlackRock Inc. (5.32%), Alliancebernstein L.P. (3.52%), Driehaus Capital Management LLC (2.34%), Champlain Investment Partners LLC (2.30%), Loomis Sayles & Co. L P (2.28%) and Bank of New York Mellon Corp (2.16%). 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.

Which major investors are selling Palomar stock?

PLMR stock was sold by a variety of institutional investors in the last quarter, including Alliancebernstein L.P., LGT Capital Partners LTD., EAM Investors LLC, JPMorgan Chase & Co., Invesco Ltd., EAM Global Investors LLC, Peregrine Capital Management LLC, and Morgan Stanley. 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.

Which major investors are buying Palomar stock?

PLMR stock was acquired by a variety of institutional investors in the last quarter, including BlackRock Inc., Blair William & Co. IL, Sumitomo Mitsui Trust Holdings Inc., Bank of New York Mellon Corp, Driehaus Capital Management LLC, Champlain Investment Partners LLC, Emerald Advisers LLC, and State Street Corp. View insider buying and selling activity for Palomar.

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 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 $82.81.

How big of a company is Palomar?

Palomar has a market capitalization of $2.01 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.

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 6/6/2020 by MarketBeat.com Staff

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