Palomar Stock Forecast, Price & News

4 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Palomar in the last twelve months. There are currently 2 hold ratings and 2 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.

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Palomar is scheduled to release its next quarterly earnings announcement on Tuesday, May 4th 2021.
View our earnings forecast for Palomar.

Palomar Holdings, Inc. (NASDAQ:PLMR) released its quarterly earnings data on Wednesday, February, 24th. The company reported ($0.05) EPS for the quarter, hitting the Thomson Reuters' consensus estimate of ($0.05). Palomar had a trailing twelve-month return on equity of 6.95% and a net margin of 11.97%.
View Palomar's earnings history.

Palomar's stock was trading at $47.51 on March 11th, 2020 when COVID-19 reached pandemic status according to the World Health Organization (WHO). Since then, PLMR shares have increased by 79.2% and is now trading at $85.13.
View which stocks have been most impacted by COVID-19.

4 Wall Street analysts have issued 1-year target prices for Palomar's shares. Their forecasts range from $60.00 to $125.00. On average, they expect Palomar's share price to reach $97.20 in the next twelve months. This suggests a possible upside of 14.2% from the stock's current price.
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Some companies that are related to Palomar include RenaissanceRe (RNR), Lemonade (LMND), Kemper (KMPR), RLI (RLI), Enstar Group (ESGR), The Hanover Insurance Group (THG), AXIS Capital (AXS), Selective Insurance Group (SIGI), Kinsale Capital Group (KNSL), White Mountains Insurance Group (WTM), Mercury General (MCY), Horace Mann Educators (HMN), Sirius International Insurance Group (SG), James River Group (JRVR) and ProAssurance (PRA).
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), The 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) served 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 institutional and retail investors. Top institutional shareholders include BlackRock Inc. (12.40%), Amundi Pioneer Asset Management Inc. (4.86%), Price T Rowe Associates Inc. MD (3.88%), Sumitomo Mitsui Trust Holdings Inc. (3.08%), Bank of New York Mellon Corp (2.70%) and Alliancebernstein L.P. (2.51%). Company insiders that own Palomar stock include Andrew T Robinson, George L Estes III, Heath A Fisher, Jon Christianson, Mac Armstrong, Michelle Antoinette Johnson, Richard H Taketa, 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 Price T Rowe Associates Inc. MD, JPMorgan Chase & Co., Alliancebernstein L.P., Russell Investments Group Ltd., Emerald Advisers LLC, Stephens Investment Management Group LLC, First Trust Advisors LP, and Emerald Mutual Fund Advisers Trust. Company insiders that have sold Palomar company stock in the last year include Andrew T Robinson, Heath A Fisher, Jon Christianson, Mac Armstrong, Michelle Antoinette Johnson, Robert E Dowdell, T Christopher Uchida, and Vi Gp Aiv Ltd Genstar.
View insider buying and selling activity for Palomar or view top insider-selling stocks.

PLMR stock was acquired by a variety of institutional investors in the last quarter, including Amundi Pioneer Asset Management Inc., Sumitomo Mitsui Trust Holdings Inc., Federated Hermes Inc., Villere ST Denis J & Co. LLC, FIL Ltd, BP PLC, Thornburg Investment Management Inc., and Bank of New York Mellon Corp. Company insiders that have bought Palomar stock in the last two years include Richard H Taketa, and Robert E Dowdell.
View insider buying and selling activity for Palomar or or view top insider-buying stocks.

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 $85.13.

Palomar has a market capitalization of $2.17 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.

Palomar employs 77 workers across the globe.

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

Palomar is headquartered at 7979 IVANHOE AVENUE SUITE 500, LA JOLLA CA, 92037.

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]