NASDAQ:PLMR Palomar Stock Forecast, Price & News Adding Choose a watchlist: Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat Daily Premium to add more stocks to your watchlist. Adding Palomar Holdings Inc Please log in to your account or sign up in order to add this asset to your watchlist. Log In and Add $98.82 -1.71 (-1.70 %) (As of 09/21/2020 03:25 PM ET) Add Compare Share Today's Range$97.02Now: $98.82▼$100.7750-Day Range$87.51MA: $103.65▼$119.2452-Week Range$34.20Now: $98.82▼$121.87Volume9,162 shsAverage Volume351,949 shsMarket Capitalization$2.52 billionP/E Ratio57.45Dividend YieldN/ABeta-0.01 ProfileAnalyst RatingsChartCompetitorsEarningsInsider TradesInstitutional OwnershipHeadlinesShort InterestSocial Media There is no company description available for Palomar Holdings Inc.Read More Beat the Market (BTM) Rank™ 1.4 Analyst's Opinion Consensus RatingPalomar has received a consensus rating of Buy. The company's average rating score is 2.83, and is based on 5 buy ratings, 1 hold rating, and no sell ratings.Price Target Upside/DownsideAccording to analysts' consensus price target of $70.50, Palomar has a forecasted downside of 29.2% from its current price of $99.57.Amount of Analyst CoveragePalomar has only been the subject of 2 research reports in the past 90 days. Previous Next 2.8 Community Rank Outperform VotesPalomar has received 48 “outperform” votes. (Add your “outperform” vote.)Underperform VotesPalomar has received 37 “underperform” votes. (Add your “underperform” vote.)Community SentimentPalomar has received 56.47% “outperform” votes from our community.MarketBeat's community ratings are surveys of what our community members think about Palomar and other stocks. Vote “Outperform” if you believe PLMR will outperform the S&P 500 over the long term. Vote “Underperform” if you believe PLMR will underperform the S&P 500 over the long term. You may vote once every thirty days. Previous Next 0.0 Dividend Strength Dividend YieldPalomar does not currently pay a dividend.Dividend GrowthPalomar does not have a long track record of dividend growth. Previous Next 1.0 Company Ownership Insider Buying vs. Insider SellingIn the past three months, Palomar insiders have sold more of their company's stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $6,031,036.00 in company stock.Percentage Held by InsidersOnly 7.70% of the stock of Palomar is held by insiders.Percentage Held by Institutions90.60% of the stock of Palomar is held by institutions. High institutional ownership can be a signal of strong market trust in this company. Previous Next 1.3 Earnings and Valuation Earnings GrowthEarnings for Palomar are expected to grow by 21.33% in the coming year, from $2.11 to $2.56 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Palomar is 57.89, which means that it is trading at a more expensive P/E ratio than the market average P/E ratio of about 18.30.Price to Earnings Ratio vs. SectorThe P/E ratio of Palomar is 57.89, which means that it is trading at a more expensive P/E ratio than the Finance sector average P/E ratio of about 17.17.Price to Book Value per Share RatioPalomar has a P/B Ratio of 11.04. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities. Previous Next Analyst Opinion: 1.4Community Rank: 2.8Dividend Strength: 0.0Insider Behavior: 1.0Valuation: 1.3 5 -4 -3 -2 -1 -Overall Beat the Market Rank™1.29 out of 5 stars Industry, Sector and Symbol Stock Exchange NASDAQ Industry Fire, marine, & casualty insurance Sub-IndustryN/A SectorFinance Current SymbolNASDAQ:PLMR Previous Symbol CUSIPN/A CIKN/A Webwww.palomarspecialty.com Phone619-567-5290Debt Debt-to-Equity RatioN/A Current Ratio0.93 Quick Ratio0.93Price-To-Earnings Trailing P/E Ratio57.45 Forward P/E Ratio46.83 P/E GrowthN/A Sales & Book Value Annual Sales$113.30 million Price / Sales22.21 Cash Flow$1.54 per share Price / Cash Flow64.24 Book Value$9.02 per share Price / Book10.96Profitability EPS (Most Recent Fiscal Year)$1.73 Net Income$10.62 million Net Margins28.80% Return on Equity17.46% Return on Assets10.34%Miscellaneous EmployeesN/A Outstanding Shares25,468,000Market Cap$2.52 billion Next Earnings Date11/2/2020 (Estimated) OptionableNot Optionable $98.82 -1.71 (-1.70 %) (As of 09/21/2020 03:25 PM ET) 30 days | 90 days | 365 days | Advanced Chart Receive PLMR News and Ratings via Email Sign-up to receive the latest news and ratings for PLMR and its competitors with MarketBeat's FREE daily newsletter. Palomar (NASDAQ:PLMR) Frequently Asked Questions How has Palomar's stock been impacted by Coronavirus (COVID-19)? Palomar's stock was trading at $47.51 on March 11th, 2020 when Coronavirus (COVID-19) reached pandemic status according to the World Health Organization (WHO). Since then, PLMR stock has increased by 107.4% and is now trading at $98.53. View which stocks have been most impacted by COVID-19. Do Wall Street analysts recommend investors buy shares of Palomar? 6 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Palomar in the last year. There are currently 1 hold rating and 5 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, November 2nd 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, August, 4th. The company reported $0.52 earnings per share for the quarter, beating analysts' consensus estimates of $0.49 by $0.03. The company had revenue of $42.37 million for the quarter, compared to the consensus estimate of $37.24 million. Palomar had a return on equity of 17.46% and a net margin of 28.80%. During the same period in the previous year, the company posted $0.36 earnings per share. View Palomar's earnings history. What price target have analysts set for PLMR? 6 analysts have issued 1-year price objectives for Palomar's shares. Their forecasts range from $36.00 to $112.00. On average, they anticipate Palomar's stock price to reach $70.50 in the next year. This suggests that the stock has a possible downside of 28.4%. View analysts' price targets for Palomar. Who are some of Palomar's key competitors? Some companies that are related to Palomar include Loews (L), Cna Financial (CNA), RenaissanceRe (RNR), Everest Re Group (RE), Fairfax Financial Holdings Ltd Subordinate Voting Shares (FRFHF), Alleghany (Y), American Financial Group (AFG), Kemper (KMPR), Kinsale Capital Group (KNSL), Axis Capital (AXS), National General (NGHC), RLI (RLI), Hanover Insurance Group (THG), Enstar Group (ESGR) and Selective Insurance Group (SIGI). View all 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), Docusign (DOCU), Crowdstrike (CRWD), Taiwan Semiconductor Mfg. (TSM), Trade Desk (TTD), Dynatrace (DT), Etsy (ETSY), Livongo Health (LVGO) and Netflix (NFLX). When did Palomar IPO? (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. 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 many different retail and institutional investors. Top institutional investors include Vanguard Group Inc. (5.16%), Stephens Investment Management Group LLC (2.77%), Bank of New York Mellon Corp (2.44%), Goldman Sachs Group Inc. (2.28%), Blackstone Group Inc (2.10%) and Blair William & Co. IL (2.05%). 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 Driehaus Capital Management LLC, Marshall Wace North America L.P., Peregrine Capital Management LLC, Stephens Investment Management Group LLC, Gilder Gagnon Howe & Co. LLC, Sumitomo Mitsui Trust Holdings Inc., Nuveen Asset Management LLC, and RMB Capital Management LLC. 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 purchased by a variety of institutional investors in the last quarter, including Vanguard Group Inc., Blackstone Group Inc, KAMES CAPITAL plc, Principal Financial Group Inc., Principal Financial Group Inc., Goldman Sachs Group Inc., Point72 Asset Management L.P., and Bank of New York Mellon 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 $98.53. How big of a company is Palomar? Palomar has a market capitalization of $2.51 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 9/21/2020 by MarketBeat.com Staff 30 Days of MarketBeat All Access for $1.00 Sign up for MarketBeat All Access to gain access to MarketBeat's full suite of research tools: Best-in-Class Portfolio Monitoring View the latest news, buy/sell ratings, SEC filings and insider transactions for your stocks. Compare your portfolio performance to leading indices and get personalized stock ideas based on your portfolio. Stock Ideas and Recommendations Get daily stock ideas top-performing Wall Street analysts. Get short term trading ideas from the MarketBeat Idea Engine. View which stocks are hot on social media with MarketBeat's trending stocks report. 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