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NASDAQ:PLMR - Palomar Stock Price, Forecast & News

$55.54
-0.76 (-1.35 %)
(As of 03/29/2020 02:31 AM ET)
Today's Range
$54.64
Now: $55.54
$58.32
50-Day Range
$41.96
MA: $52.88
$61.48
52-Week Range
$18.06
Now: $55.54
$62.96
Volume380,731 shs
Average Volume329,855 shs
Market Capitalization$1.35 billion
P/E Ratio264.49
Dividend YieldN/A
BetaN/A
There is no company description available for Palomar Holdings Inc.
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Industry, Sector and Symbol

Industry Fire, marine, & casualty insurance
Sub-IndustryN/A
SectorFinance
Current SymbolNASDAQ:PLMR
CUSIPN/A
CIKN/A
Phone619-567-5290

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$113.30 million
Cash Flow$1.61 per share
Book Value$9.02 per share

Profitability

Net Income$10.62 million

Miscellaneous

EmployeesN/A
Market Cap$1.35 billion
Next Earnings Date5/21/2020 (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 (WHO). Since then, PLMR shares have increased by 16.9% and is now trading at $55.54. View which stocks have been mosted 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 Thursday, May 21st 2020. View our earnings forecast for Palomar.

How were Palomar's earnings last quarter?

Palomar Holdings Inc (NASDAQ:PLMR) issued its quarterly earnings data on Tuesday, February, 18th. The company reported $0.48 earnings per share (EPS) for the quarter, missing the Zacks' consensus estimate of $0.51 by $0.03. The business earned $33.45 million during the quarter, compared to the consensus estimate of $34.87 million. Palomar had a net margin of 9.37% and a return on equity of 20.80%. View Palomar's earnings history.

What price target have analysts set for PLMR?

7 brokerages have issued 1 year price targets for Palomar's shares. Their forecasts range from $36.00 to $70.00. On average, they expect Palomar's share price to reach $51.60 in the next year. This suggests that the stock has a possible downside of 7.1%. View analysts' price targets for Palomar.

Has Palomar been receiving favorable news coverage?

News headlines about PLMR stock have been trending negative on Sunday, according to InfoTrie Sentiment. The research group ranks the sentiment of media coverage by reviewing more than six thousand blog and news sources in real-time. The firm ranks coverage of public companies on a scale of negative five to positive five, with scores nearest to five being the most favorable. Palomar earned a media sentiment score of -2.1 on InfoTrie's scale. They also gave media stories about the company a news buzz of 0.0 out of 10, indicating that recent media coverage is extremely unlikely to have an impact on the stock's share price in the near future. View the latest news aboutPalomar.

Are investors shorting Palomar?

Palomar saw a increase in short interest in February. As of February 14th, there was short interest totaling 980,600 shares, an increase of 12.0% from the January 30th total of 875,800 shares. Based on an average daily volume of 302,500 shares, the short-interest ratio is presently 3.2 days. Currently, 5.2% of the shares of the stock are short sold. View Palomar's Current Options Chain.

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 NVIDIA (NVDA), Advanced Micro Devices (AMD), InMode (INMD), Qorvo (QRVO), AbbVie (ABBV), Alibaba Group (BABA), Metlife (MET), Paycom Software (PAYC), Taiwan Semiconductor Mfg. (TSM) and Verizon Communications (VZ).

When did Palomar IPO?

(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.

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 variety of institutional and retail investors. Top institutional shareholders include Alliancebernstein L.P. (3.74%), Peregrine Capital Management LLC (1.82%), Driehaus Capital Management LLC (1.52%), Champlain Investment Partners LLC (1.49%), Blackstone Group Inc (1.18%) and Emerald Mutual Fund Advisers Trust (1.17%). 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.

Which major investors are selling Palomar stock?

PLMR stock was sold by a variety of institutional investors in the last quarter, including Nuveen Asset Management LLC, Driehaus Capital Management LLC, Point72 Asset Management L.P., Schroder Investment Management Group, Redwood Investments LLC, Kornitzer Capital Management Inc. KS, Axiom International Investors LLC DE, and EAM Investors 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, 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 Emerald Mutual Fund Advisers Trust, Emerald Advisers LLC, Alliancebernstein L.P., CWM LLC, State Street Corp, Blackstone Group Inc, Geode Capital Management LLC, and Champlain Investment Partners LLC. 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 $55.54.

How big of a company is Palomar?

Palomar has a market capitalization of $1.35 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.  View additional information about Palomar.

What is Palomar's official website?

The official website for Palomar is http://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]


MarketBeat Community Rating for Palomar (NASDAQ PLMR)

Community Ranking:  2.6 out of 5 (star star)
Outperform Votes:  35 (Vote Outperform)
Underperform Votes:  33 (Vote Underperform)
Total Votes:  68
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.
This page was last updated on 3/29/2020 by MarketBeat.com Staff

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