NASDAQ:PLMR Palomar (PLMR) Stock Price, News & Analysis → Did You Get Your Free Bitcoin Yet? (From Crypto Swap Profits) (Ad) Free PLMR Stock Alerts $83.83 -0.42 (-0.50%) (As of 03/28/2024 ET) Add Compare Share Share Today's Range$83.52▼$84.7150-Day Range$58.27▼$84.2552-Week Range$46.09▼$86.25Volume175,957 shsAverage Volume163,750 shsMarket Capitalization$2.08 billionP/E Ratio26.87Dividend YieldN/APrice Target$77.00 Stock AnalysisStock AnalysisAnalyst ForecastsChartCompetitorsEarningsFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestSocial MediaStock AnalysisAnalyst ForecastsChartCompetitorsEarningsFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestSocial Media Get Palomar alerts: Email Address Palomar MarketRank™ Stock AnalysisAnalyst RatingModerate Buy2.83 Rating ScoreUpside/Downside8.1% Downside$77.00 Price TargetShort InterestHealthy2.05% of Float Sold ShortDividend StrengthN/ASustainabilityN/ANews Sentiment0.69Based on 6 Articles This WeekInsider TradingSelling Shares$3.10 M Sold Last QuarterProj. Earnings Growth20.16%From $3.82 to $4.59 Per ShareSee Full Details Hide Full Details Overall MarketRank™New Rank-Based ScoringMarketRank™ is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.2.76 out of 5 starsFinance Sector526th out of 849 stocksFire, Marine, & Casualty Insurance Industry32nd out of 51 stocks 1.4 Analyst's Opinion Consensus RatingPalomar has received a consensus rating of Moderate 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 $77.00, Palomar has a forecasted downside of 8.1% from its current price of $83.83.Amount of Analyst CoveragePalomar has only been the subject of 4 research reports in the past 90 days. Previous Next 3.0 Short Interest Percentage of Shares Shorted2.05% of the float of Palomar has been sold short.Short Interest Ratio / Days to CoverPalomar has a short interest ratio ("days to cover") of 3.1, which is generally considered an acceptable ratio of short interest to trading volume.Change versus previous monthShort interest in Palomar has recently increased by 23.72%, indicating that investor sentiment is decreasing significantly. 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 N/A Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScoreThere is no current Upright™ data available for PLMR. Previous Next 3.2 News and Social Media Coverage News SentimentPalomar has a news sentiment score of 0.69. 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 news sentiment score is similar to the average news sentiment of Finance companies.News Coverage This WeekMarketBeat has tracked 6 news articles for Palomar this week, compared to 3 articles on an average week.Search Interest4 people have searched for PLMR on MarketBeat in the last 30 days. This is an increase of 100% compared to the previous 30 days.MarketBeat Follows9 people have added Palomar to their MarketBeat watchlist in the last 30 days. This is an increase of 350% compared to the previous 30 days. Previous Next 3.3 Company Ownership Insider Buying vs. Insider SellingIn the past three months, Palomar insiders have sold 2,683.99% more of their company's stock than they have bought. Specifically, they have bought $111,450.00 in company stock and sold $3,102,752.00 in company stock.Percentage Held by InsidersOnly 4.40% of the stock of Palomar is held by insiders.Percentage Held by Institutions90.25% 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 3.1 Earnings and Valuation Earnings GrowthEarnings for Palomar are expected to grow by 20.16% in the coming year, from $3.82 to $4.59 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Palomar is 26.87, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 146.97.Price to Earnings Ratio vs. SectorThe P/E ratio of Palomar is 26.87, which means that it is trading at a less expensive P/E ratio than the Finance sector average P/E ratio of about 58.29.Price to Book Value per Share RatioPalomar has a P/B Ratio of 4.39. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities. Previous Next See Top Rated MarketRank™ Stocks Here Ad Paradigm PressForget Bitcoin. Crypto Millionaire Predicts 8,788% Gains For THISYou might have seen that Bitcoin was one of the best performing assets of 2023. It gained 164%. But a crypto millionaire who has been tracking the space for more than a decade has ABANDONED Bitcoin. He found something better.Click here to find out that this 8,788% cryptocurrency is. About Palomar Stock (NASDAQ:PLMR)Palomar Holdings, Inc., a specialty insurance company, provides property and casualty insurance to residential and businesses in the United States. The company offers personal and commercial specialty property insurance products, including residential and commercial earthquake, fronting, commercial all risk, specialty homeowners, inland marine, Hawaii hurricane, and residential flood, as well as other products, such as assumed reinsurance. It markets and distributes its products through retail agents, wholesale brokers, program administrators, and carrier partnerships. The company was formerly known as GC Palomar Holdings and changed its name to Palomar Holdings, Inc. The company was incorporated in 2013 and is headquartered in La Jolla, California.Read More PLMR Stock Price History View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart PLMR Stock News HeadlinesMarch 26, 2024 | insidertrades.comMac Armstrong Sells 7,000 Shares of Palomar Holdings, Inc. (NASDAQ:PLMR) StockMarch 19, 2024 | insidertrades.comT Christopher Uchida Sells 2,500 Shares of Palomar Holdings, Inc. (NASDAQ:PLMR) StockMarch 29, 2024 | Crypto Swap Profits (Ad)Did You Get Your Free Bitcoin Yet?And my special guest is willing to give you $10 in Bitcoin (BTC) if you take it seriously. Right now is a very important time to pay attention to what we are doing and what is happening. If you wait... it will be too late. This week we are holding several workshops and if you attend and pay attention my special guest is going to send you $10 in Bitcoin.March 19, 2024 | insidertrades.comInsider Selling: Palomar Holdings, Inc. (NASDAQ:PLMR) President Sells 10,000 Shares of StockMarch 17, 2024 | insidertrades.comThomas A. Bradley Acquires 1,500 Shares of Palomar Holdings, Inc. (NASDAQ:PLMR) StockMarch 14, 2024 | insidertrades.comInsider Selling: Palomar Holdings, Inc. (NASDAQ:PLMR) CFO Sells 2,000 Shares of StockMarch 19, 2024 | americanbankingnews.comPalomar Holdings, Inc. (NASDAQ:PLMR) CFO T Christopher Uchida Sells 2,500 Shares of StockMarch 19, 2024 | americanbankingnews.comPalomar Holdings, Inc. (NASDAQ:PLMR) President Jon Christianson Sells 10,000 Shares of StockMarch 29, 2024 | Crypto Swap Profits (Ad)Did You Get Your Free Bitcoin Yet?And my special guest is willing to give you $10 in Bitcoin (BTC) if you take it seriously. Right now is a very important time to pay attention to what we are doing and what is happening. If you wait... it will be too late. This week we are holding several workshops and if you attend and pay attention my special guest is going to send you $10 in Bitcoin.March 18, 2024 | finance.yahoo.comCINF May 2024 130.000 callMarch 16, 2024 | ca.finance.yahoo.comPLMR Jul 2024 40.000 putMarch 16, 2024 | ca.finance.yahoo.comPLMR Jul 2024 90.000 callMarch 16, 2024 | finance.yahoo.comPLMR Apr 2024 75.000 callMarch 14, 2024 | markets.businessinsider.comPalomar Holdings: Strong Buy on Robust Growth and Improved Reinsurance TermsMarch 14, 2024 | benzinga.comDecoding 4 Analyst Evaluations For Palomar HldgsMarch 8, 2024 | finance.yahoo.comDirector Thomas Bradley Acquires 1,500 Shares of Palomar Holdings Inc (PLMR)March 6, 2024 | finance.yahoo.comPalomar Holdings Inc's Chief Legal Officer Angela Grant Sells Company SharesMarch 1, 2024 | globenewswire.comPalomar Holdings, Inc. Appoints Thomas Bradley to its Board of DirectorsFebruary 28, 2024 | investing.comPalomar Holdings Inc (PLMR)February 26, 2024 | finance.yahoo.comPalomar Holdings Full Year 2023 Earnings: Beats ExpectationsFebruary 24, 2024 | msn.comPalomar Holdings (PLMR) Price Target Increased by 18.29% to 81.80February 20, 2024 | seekingalpha.comPalomar: Positive Guidance Isn't Fully Priced InFebruary 17, 2024 | ca.finance.yahoo.comWRB Mar 2024 90.000 callFebruary 17, 2024 | finance.yahoo.comPalomar Holdings Inc Insider Sells Company SharesFebruary 16, 2024 | finance.yahoo.comPalomar Holdings, Inc. (NASDAQ:PLMR) Q4 2023 Earnings Call TranscriptFebruary 16, 2024 | finance.yahoo.comPalomar's (PLMR) Q4 Earnings and Revenues Top, Rise Y/YFebruary 16, 2024 | markets.businessinsider.comJMP Securities Reaffirms Their Hold Rating on Palomar Holdings (PLMR)See More Headlines 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. Email Address Company Calendar Last Earnings2/14/2024Today3/28/2024Next Earnings (Estimated)5/01/2024Fiscal Year End12/31/2024Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNASDAQ SectorFinance Industry Fire, marine, & casualty insurance Sub-IndustryN/A Current SymbolNASDAQ:PLMR CUSIPN/A CIK1761312 Webwww.palomarspecialty.com Phone(619) 567-5290Fax619-567-6954Employees213Year FoundedN/APrice Target and Rating Average Stock Price Target$77.00 High Stock Price Target$88.00 Low Stock Price Target$63.00 Potential Upside/Downside-8.1%Consensus RatingModerate Buy Rating Score (0-4)2.83 Research Coverage6 Analysts Profitability EPS (Most Recent Fiscal Year)$3.12 Trailing P/E Ratio26.87 Forward P/E Ratio21.95 P/E GrowthN/ANet Income$79.20 million Net Margins21.07% Pretax Margin27.57% Return on Equity19.35% Return on Assets5.24% Debt Debt-to-Equity RatioN/A Current Ratio0.49 Quick Ratio0.49 Sales & Book Value Annual Sales$375.93 million Price / Sales5.55 Cash Flow$3.42 per share Price / Cash Flow24.50 Book Value$19.08 per share Price / Book4.39Miscellaneous Outstanding Shares24,870,000Free Float23,775,000Market Cap$2.08 billion OptionableOptionable Beta0.21 Investing Strategies To Help Grow Your Retirement IncomeNeed to stretch out your 401K or Roth IRA plan? Use these time-tested investing strategies to grow the monthly retirement income that your stock portfolio generates.Get This Free Report Key ExecutivesMr. D. McDonald ArmstrongFounder, CEO & Chairman of the BoardMr. Jon Marcus Christianson (Age 44)President Comp: $632.73kMr. Toshio Christopher Uchida (Age 50)Chief Financial Officer Comp: $673.87kMs. Angela Leann Grant (Age 55)Chief Legal Officer & Corporate Secretary Comp: $477.41kMr. Jonathan Blake Knutzen (Age 52)Chief Risk Officer Comp: $551.11kMs. Elizabeth Whitaker SeitzEVP Treasury & Financial Operations & Chief Accounting OfficerMr. Mark BroseChief Technology OfficerMr. Kyle MorganSenior Vice President of Corporate Development & StrategyMr. John MacDonaldSenior Vice President of MarketingMr. Jake ArmstrongSenior Vice President of UnderwritingMore ExecutivesKey CompetitorsSiriusPointNYSE:SPNTFidelis InsuranceNYSE:FIHLHamilton Insurance GroupNYSE:HGHorace Mann EducatorsNYSE:HMNMercury GeneralNYSE:MCYView All CompetitorsInsiders & InstitutionsQuadrature Capital LtdBought 8,900 shares on 3/25/2024Ownership: 0.036%PNC Financial Services Group Inc.Sold 700 shares on 3/22/2024Ownership: 0.022%Mac ArmstrongSold 7,000 sharesTotal: $578,340.00 ($82.62/share)Jon ChristiansonSold 10,000 sharesTotal: $820,900.00 ($82.09/share)T Christopher UchidaSold 2,500 sharesTotal: $204,975.00 ($81.99/share)View All Insider TransactionsView All Institutional Transactions PLMR Stock Analysis - Frequently Asked Questions Should I buy or sell Palomar stock right now? 6 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Palomar in the last twelve months. There are currently 1 hold rating and 5 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "moderate buy" PLMR shares. View PLMR analyst ratings or view top-rated stocks. What is Palomar's stock price target for 2024? 6 Wall Street analysts have issued twelve-month target prices for Palomar's shares. Their PLMR share price targets range from $63.00 to $88.00. On average, they expect the company's share price to reach $77.00 in the next year. This suggests that the stock has a possible downside of 8.1%. View analysts price targets for PLMR or view top-rated stocks among Wall Street analysts. How have PLMR shares performed in 2024? Palomar's stock was trading at $55.50 on January 1st, 2024. Since then, PLMR shares have increased by 51.0% and is now trading at $83.83. View the best growth stocks for 2024 here. Are investors shorting Palomar? Palomar saw a increase in short interest in the month of March. As of March 15th, there was short interest totaling 492,900 shares, an increase of 23.7% from the February 29th total of 398,400 shares. Based on an average daily volume of 158,700 shares, the days-to-cover ratio is presently 3.1 days. Approximately 2.1% of the shares of the company are sold short. View Palomar's Short Interest. When is Palomar's next earnings date? The company is scheduled to release its next quarterly earnings announcement on Wednesday, May 1st 2024. View our PLMR earnings forecast. How were Palomar's earnings last quarter? Palomar Holdings, Inc. (NASDAQ:PLMR) released its earnings results on Wednesday, February, 14th. The company reported $0.94 EPS for the quarter, beating analysts' consensus estimates of $0.85 by $0.09. The company had revenue of $102.35 million for the quarter, compared to analysts' expectations of $95.07 million. Palomar had a trailing twelve-month return on equity of 19.35% and a net margin of 21.07%. What ETFs hold Palomar's stock? ETFs with the largest weight of Palomar (NASDAQ:PLMR) stock in their portfolio include Harbor Corporate Culture Small Cap ETF (HAPS) and SPDR S&P Insurance ETF (KIE).iShares U.S. Insurance ETF (IAK). 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 Manufacturing (TSM), Teladoc Health (TDOC), Trade Desk (TTD), Beyond Meat (BYND), Dynatrace (DT) and Roku (ROKU). When did Palomar IPO? Palomar (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. Who are Palomar's major shareholders? Palomar's stock is owned by a variety of retail and institutional investors. Top institutional shareholders include Vanguard Group Inc. (9.57%), Vanguard Group Inc. (9.50%), Stephens Investment Management Group LLC (4.36%), Villere ST Denis J & Co. LLC (3.90%), Sumitomo Mitsui Trust Holdings Inc. (3.86%) and Nordea Investment Management AB (3.52%). Insiders that own company stock include Angela L Grant, Britt Morries, Heath A Fisher, Jon Christianson, Jonathan Knutzen, Mac Armstrong, Martha Notaras, Michelle Antoinette Johnson, Richard Rosso, Robert E Dowdell, Robert E Dowdell, T Christopher Uchida, Thomas A Bradley and William Bold. View institutional ownership trends. How do I buy shares of Palomar? 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. Compare Top Brokerages Here. This page (NASDAQ:PLMR) was last updated on 3/29/2024 by MarketBeat.com Staff From Our PartnersTrump’s “Tax Free” Retirement Strategy Gold Safe ExchangeDid You Get Your Free Bitcoin Yet?Crypto Swap ProfitsTop Project Outperforms BTC in 2023…Crypto 101 MediaMake This $3 Trade the Instant the Opening Bell RingsMonument Traders AllianceAI Cracks Open Largest Untapped Energy Reserve on EarthBanyan Hill PublishingThis AI Trade Machine Made 1,729%* (With 89% Wins)Prosper Trading Academy“The Stock Market’s Bull Run is Far from Over” -BarronsVertical Research AdvisoryOnly a fool would buy Nvidia today… Porter & Company Adding Choose a watchlist: Watchlist Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat All Access 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. 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