Free Trial
NASDAQ:PLMR

Palomar (PLMR) Stock Price, News & Analysis

Palomar logo
$146.10 +2.45 (+1.71%)
Closing price 03:53 PM Eastern
Extended Trading
$146.31 +0.21 (+0.14%)
As of 04:20 PM Eastern
Extended trading is trading that happens on electronic markets outside of regular trading hours. This is a fair market value extended hours price provided by Polygon.io. Learn more.

About Palomar Stock (NASDAQ:PLMR)

Key Stats

Today's Range
$142.20
$148.05
50-Day Range
$143.65
$175.67
52-Week Range
$79.82
$175.85
Volume
247,177 shs
Average Volume
215,883 shs
Market Capitalization
$3.91 billion
P/E Ratio
29.16
Dividend Yield
N/A
Price Target
$174.17
Consensus Rating
Moderate Buy

Company Overview

Palomar Stock Analysis - MarketRank™

See Top-Rated MarketRank™ Stocks
77th Percentile Overall Score

PLMR MarketRank™: 

Palomar scored higher than 77% of companies evaluated by MarketBeat, and ranked 1018th out of 2,763 stocks in the finance sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

  • Consensus Rating

    Palomar has received a consensus rating of Moderate Buy. The company's average rating score is 2.71, and is based on 5 buy ratings, 2 hold ratings, and no sell ratings.

  • Amount of Analyst Coverage

    Palomar has been the subject of 6 research reports in the past 90 days, demonstrating strong analyst interest in this stock.

  • Read more about Palomar's stock forecast and price target.
  • Earnings Growth

    Earnings for Palomar are expected to grow by 21.20% in the coming year, from $5.99 to $7.26 per share.

  • Price to Earnings Ratio vs. the Market

    The P/E ratio of Palomar is 29.16, which means that it is trading at a more expensive P/E ratio than the market average P/E ratio of about 25.53.

  • Price to Earnings Ratio vs. Sector

    The P/E ratio of Palomar is 29.16, which means that it is trading at a more expensive P/E ratio than the Finance sector average P/E ratio of about 20.07.

  • Price to Book Value per Share Ratio

    Palomar has a P/B Ratio of 5.30. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities.

  • Read more about Palomar's valuation and earnings.
  • Percentage of Shares Shorted

    1.97% of the float of Palomar has been sold short.
  • Short Interest Ratio / Days to Cover

    Palomar has a short interest ratio ("days to cover") of 1.6, which is generally considered an acceptable ratio of short interest to trading volume.
  • Change versus previous month

    Short interest in Palomar has recently decreased by 4.52%, indicating that investor sentiment is improving.
  • Dividend Yield

    Palomar does not currently pay a dividend.

  • Dividend Growth

    Palomar does not have a long track record of dividend growth.

  • Percentage of Shares Shorted

    1.97% of the float of Palomar has been sold short.
  • Short Interest Ratio / Days to Cover

    Palomar has a short interest ratio ("days to cover") of 1.6, which is generally considered an acceptable ratio of short interest to trading volume.
  • Change versus previous month

    Short interest in Palomar has recently decreased by 4.52%, indicating that investor sentiment is improving.
  • News Sentiment

    Palomar has a news sentiment score of 0.80. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.67 average news sentiment score of Finance companies.
  • News Coverage This Week

    MarketBeat has tracked 20 news articles for Palomar this week, compared to 8 articles on an average week.
  • Search Interest

    Only 3 people have searched for PLMR on MarketBeat in the last 30 days. This is a decrease of -40% compared to the previous 30 days.
  • MarketBeat Follows

    Only 2 people have added Palomar to their MarketBeat watchlist in the last 30 days. This is a decrease of -60% compared to the previous 30 days.
  • Insider Buying vs. Insider Selling

    In 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 $3,420,251.00 in company stock.

  • Percentage Held by Insiders

    Only 3.70% of the stock of Palomar is held by insiders.

  • Percentage Held by Institutions

    90.25% of the stock of Palomar is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

  • Read more about Palomar's insider trading history.
Receive PLMR Stock News and Ratings via Email

Sign-up to receive the latest news and ratings for Palomar and its competitors with MarketBeat's FREE daily newsletter.

PLMR Stock News Headlines

Trump Makes Major Crypto Announcement
Pay close attention to what I'm about to share… Most investors think Trump's pro-crypto policies will lift all boats equally. They're wrong. One project stands to benefit more than any other – not by accident, but seemingly by design.
PLMR - Palomar Holdings Inc Key Metrics | Morningstar
PLMR - Palomar Holdings Inc Chart | Morningstar
See More Headlines

PLMR Stock Analysis - Frequently Asked Questions

Palomar's stock was trading at $105.59 at the beginning of 2025. Since then, PLMR stock has increased by 38.4% and is now trading at $146.10.

Palomar Holdings, Inc. (NASDAQ:PLMR) posted its quarterly earnings results on Monday, May, 5th. The company reported $1.87 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $1.61 by $0.26. The company earned $174.63 million during the quarter, compared to analyst estimates of $161.97 million. Palomar had a trailing twelve-month return on equity of 20.56% and a net margin of 21.99%.
Read the conference call transcript
.

Palomar (PLMR) raised $63 million in an IPO 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.

Shares of PLMR stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.

Based on aggregate information from My MarketBeat watchlists, some other companies that Palomar investors own include NVIDIA (NVDA), Meta Platforms (META), Advanced Micro Devices (AMD), Broadcom (AVGO), ServiceNow (NOW), Adobe (ADBE) and Arista Networks (ANET).

Company Calendar

Last Earnings
5/05/2025
Today
7/03/2025
Next Earnings (Estimated)
8/04/2025
Fiscal Year End
12/31/2025

Industry, Sector and Symbol

Stock Exchange
NASDAQ
Sector
Finance
Industry
INS - PROP&CASLTY
Sub-Industry
Insurance
Current Symbol
NASDAQ:PLMR
Employees
150
Year Founded
N/A

Price Target and Rating

Average Stock Price Target
$174.17
High Stock Price Target
$204.00
Low Stock Price Target
$150.00
Potential Upside/Downside
+19.2%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.71
Research Coverage
7 Analysts

Profitability

Trailing P/E Ratio
29.16
Forward P/E Ratio
24.39
P/E Growth
N/A
Net Income
$117.57 million
Pretax Margin
27.96%

Debt

Sales & Book Value

Annual Sales
$553.86 million
Cash Flow
$4.55 per share
Price / Cash Flow
32.12
Book Value
$27.55 per share
Price / Book
5.30

Miscellaneous

Free Float
25,753,000
Market Cap
$3.91 billion
Optionable
Optionable
Beta
0.46
10 Best Cheap Stocks to Buy Now Cover

MarketBeat just released its list of 10 cheap stocks that have been overlooked by the market and may be seriously undervalued. Enter your email address and below to see which companies made the list.

Get This Free Report

This page (NASDAQ:PLMR) was last updated on 7/3/2025 by MarketBeat.com Staff
From Our Partners