NASDAQ:PLMR - Palomar Stock Price, Forecast & News

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

Palomar Holdings Inc (NASDAQ:PLMR) released its quarterly earnings results on Monday, November, 4th. The company reported $0.40 earnings per share (EPS) for the quarter, missing the Zacks' consensus estimate of $0.41 by $0.01. The firm had revenue of $30.10 million for the quarter, compared to analyst estimates 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 Wall Street analysts have issued 1-year price objectives for Palomar's shares. Their forecasts range from $36.00 to $57.00. On average, they anticipate Palomar's share price to reach $47.60 in the next twelve months. This suggests that the stock has a possible downside of 8.3%. 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 coverage about PLMR stock has been trending extremely negative this week, according to InfoTrie Sentiment Analysis. The research firm scores the sentiment of media coverage by analyzing more than six thousand blog and news sources. The firm ranks coverage of publicly-traded companies on a scale of negative five to five, with scores nearest to five being the most favorable. Palomar earned a media sentiment score of -4.5 on InfoTrie's scale. They also assigned news stories about the company a news buzz of 10.0 out of 10, indicating that recent media coverage is extremely likely to have an impact on the company's share price in the near term. View News Stories for Palomar.

Palomar saw a increase in short interest in the month of January. As of January 15th, there was short interest totalling 927,000 shares, an increase of 37.1% from the December 31st total of 676,100 shares. Based on an average daily volume of 270,700 shares, the short-interest ratio is currently 3.4 days. Currently, 6.6% of the shares of the stock are short sold. 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), Horace Mann Educators (HMN), ProAssurance (PRA), Safety Insurance Group (SAFT), State Auto Financial (STFC), Employers (EIG), 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 initial public offering 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 variety of of retail and institutional investors. Top institutional shareholders include Peregrine Capital Management LLC (1.82%), LGT Capital Partners LTD. (0.37%), Telemus Capital LLC (0.09%), AlphaCore Capital LLC (0.04%) and Strs Ohio (0.03%). 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.

PLMR stock was acquired by a variety of institutional investors in the last quarter, including Telemus Capital LLC, AlphaCore Capital LLC and Strs Ohio. 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 $51.91.

Palomar has a market capitalization of $1.26 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]