NASDAQ:PLMR Palomar (PLMR) Stock Price, News & Analysis → A new way to collect income from stocks (From DTI) (Ad) Free PLMR Stock Alerts $81.15 -0.23 (-0.28%) (As of 04/25/2024 ET) Add Compare Share Share Today's Range$80.56▼$81.6450-Day Range$73.00▼$84.2552-Week Range$46.09▼$86.25Volume161,064 shsAverage Volume157,195 shsMarket Capitalization$2.02 billionP/E Ratio26.01Dividend YieldN/APrice Target$87.50 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 Buy2.57 Rating ScoreUpside/Downside7.8% Upside$87.50 Price TargetShort InterestHealthy2.00% of Float Sold ShortDividend StrengthN/ASustainabilityN/ANews Sentiment0.39Based on 12 Articles This WeekInsider TradingSelling Shares$3.56 M Sold Last QuarterProj. Earnings Growth21.61%From $3.84 to $4.67 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.3.35 out of 5 starsFinance Sector418th out of 859 stocksFire, Marine, & Casualty Insurance Industry29th out of 51 stocks 2.3 Analyst's Opinion Consensus RatingPalomar has received a consensus rating of Moderate Buy. The company's average rating score is 2.57, and is based on 4 buy ratings, 3 hold ratings, and no sell ratings.Amount of Analyst CoveragePalomar has been the subject of 7 research reports in the past 90 days, demonstrating strong analyst interest in this stock. Previous Next 3.0 Short Interest Percentage of Shares Shorted2.00% 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, which is generally considered an acceptable ratio of short interest to trading volume.Change versus previous monthShort interest in Palomar has recently increased by 3.25%, indicating that investor sentiment is decreasing. 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 2.4 News and Social Media Coverage News SentimentPalomar has a news sentiment score of 0.39. 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 lower news sentiment than the 0.50 average news sentiment score of Finance companies.News Coverage This WeekMarketBeat has tracked 12 news articles for Palomar this week, compared to 3 articles on an average week.Search Interest5 people have searched for PLMR on MarketBeat in the last 30 days. This is an increase of 67% compared to the previous 30 days.MarketBeat FollowsOnly 3 people have added Palomar to their MarketBeat watchlist in the last 30 days. This is a decrease of -40% 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 3,093.69% more of their company's stock than they have bought. Specifically, they have bought $111,450.00 in company stock and sold $3,559,367.00 in company stock.Percentage Held by InsidersOnly 4.30% 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 21.61% in the coming year, from $3.84 to $4.67 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Palomar is 26.01, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 141.10.Price to Earnings Ratio vs. SectorThe P/E ratio of Palomar is 26.01, which means that it is trading at a less expensive P/E ratio than the Finance sector average P/E ratio of about 59.87.Price to Book Value per Share RatioPalomar has a P/B Ratio of 4.25. 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 PressBiden replacement revealed?A former CIA insider just announced a disturbing prediction… Biden will withdraw as the Democrat nominee on June 13.See his shocking evidence in this new report 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 HeadlinesApril 25, 2024 | insidertrades.comPalomar Holdings, Inc. (NASDAQ:PLMR) CEO Sells $560,210.00 in StockApril 19, 2024 | insidertrades.comInsider Selling: Palomar Holdings, Inc. (NASDAQ:PLMR) CFO Sells 1,000 Shares of StockApril 25, 2024 | Crypto Swap Profits (Ad)Claim Your Complimentary Bitcoin RewardMany have already secured their free Bitcoin reward offered by our esteemed guest. How about you? In an effort to spread the word about our upcoming workshop, he's generously offering $10 in Bitcoin (BTC) to participants. Absolutely no strings attached.April 19, 2024 | insidertrades.comInsider Selling: Palomar Holdings, Inc. (NASDAQ:PLMR) President Sells 2,000 Shares of StockMarch 26, 2024 | insidertrades.comMac Armstrong Sells 7,000 Shares of Palomar Holdings, Inc. (NASDAQ:PLMR) StockApril 25, 2024 | americanbankingnews.comPalomar (PLMR) Set to Announce Earnings on ThursdayApril 23, 2024 | globenewswire.comPalomar Holdings, Inc. Announces First Quarter 2024 Financial Results Release Date and Conference CallApril 20, 2024 | americanbankingnews.comT Christopher Uchida Sells 1,000 Shares of Palomar Holdings, Inc. (NASDAQ:PLMR) StockApril 25, 2024 | Crypto Swap Profits (Ad)Claim Your Complimentary Bitcoin RewardMany have already secured their free Bitcoin reward offered by our esteemed guest. How about you? In an effort to spread the word about our upcoming workshop, he's generously offering $10 in Bitcoin (BTC) to participants. Absolutely no strings attached.April 20, 2024 | americanbankingnews.comJon Christianson Sells 2,000 Shares of Palomar Holdings, Inc. (NASDAQ:PLMR) StockApril 18, 2024 | finance.yahoo.comPalomar Holdings Inc (PLMR) Insider Sells SharesApril 18, 2024 | msn.comPalomar Holdings (PLMR) Price Target Increased by 6.80% to 89.76April 16, 2024 | americanbankingnews.comPalomar's (PLMR) "Market Perform" Rating Reaffirmed at JMP SecuritiesApril 15, 2024 | seekingalpha.comFinancial Stock On The Move: Palomar Holdings (SA Quant)April 11, 2024 | finance.yahoo.comPalomar Holdings' (NASDAQ:PLMR) earnings growth rate lags the 32% CAGR delivered to shareholdersApril 4, 2024 | finance.yahoo.comPLMR: Lowering target price to $90.00April 1, 2024 | markets.businessinsider.comPiper Sandler Reaffirms Their Buy Rating on Palomar Holdings (PLMR)April 1, 2024 | markets.businessinsider.comCritical Insights From Palomar Hldgs Analyst Ratings: What You Need To KnowMarch 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 DirectorsSee 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 Earnings2/14/2024Today4/25/2024Next Earnings (Confirmed)5/02/2024Fiscal 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$87.50 High Stock Price Target$89.00 Low Stock Price Target$85.00 Potential Upside/Downside+8.5%Consensus RatingModerate Buy Rating Score (0-4)2.57 Research Coverage7 Analysts Profitability EPS (Most Recent Fiscal Year)$3.12 Trailing P/E Ratio25.84 Forward P/E Ratio21.00 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 / Sales5.35 Cash Flow$3.37 per share Price / Cash Flow23.91 Book Value$19.08 per share Price / Book4.23Miscellaneous Outstanding Shares24,921,000Free Float23,849,000Market Cap$2.01 billion OptionableOptionable Beta0.21 7 Stocks to Buy And Hold ForeverClick the link below and we'll send you MarketBeat's list of seven stocks and why their long-term outlooks are very promising. 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:HMNSkyward Specialty Insurance GroupNASDAQ:SKWDView All CompetitorsInsiders & InstitutionsVillere ST Denis J & Co. LLCSold 288,341 shares on 4/25/2024Ownership: 2.706%Simplex Trading LLCSold 1,200 shares on 4/25/2024Ownership: 0.000%Louisiana State Employees Retirement SystemSold 200 shares on 4/23/2024Ownership: 0.049%Mac ArmstrongSold 7,000 sharesTotal: $560,210.00 ($80.03/share)Sumitomo Mitsui Trust Holdings Inc.Sold 27,020 shares on 4/19/2024Ownership: 3.721%View All Insider TransactionsView All Institutional Transactions PLMR Stock Analysis - Frequently Asked Questions Should I buy or sell Palomar stock right now? 7 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Palomar in the last twelve months. There are currently 3 hold ratings and 4 buy ratings for the stock. The consensus among Wall Street 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? 7 Wall Street analysts have issued 12-month price targets for Palomar's stock. Their PLMR share price targets range from $85.00 to $89.00. On average, they anticipate the company's share price to reach $87.50 in the next twelve months. This suggests a possible upside of 7.8% from the stock's current price. 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 stock has increased by 46.2% and is now trading at $81.15. View the best growth stocks for 2024 here. When is Palomar's next earnings date? The company is scheduled to release its next quarterly earnings announcement on Thursday, May 2nd 2024. View our PLMR earnings forecast. How can I listen to Palomar's earnings call? Palomar will be holding an earnings conference call on Friday, May 3rd at 11:00 AM Eastern. Interested parties can register for or listen to the call using this link or dial in at 412-317-6671 with passcode "13745676". How were Palomar's earnings last quarter? Palomar Holdings, Inc. (NASDAQ:PLMR) announced its earnings results on Wednesday, February, 14th. The company reported $0.94 earnings per share for the quarter, topping the consensus estimate of $0.85 by $0.09. The business earned $102.35 million during 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 Invesco S&P SmallCap 600 GARP ETF (GRPZ), SPDR S&P Insurance ETF (KIE), First Trust Multi-Manager Small Cap Opportunities ETF (MMSC) and First Trust Small Cap Growth AlphaDEX Fund (FYC).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 a price of $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. Who are Palomar's major shareholders? Palomar's stock is owned by a number of retail and institutional investors. Top institutional shareholders include Sumitomo Mitsui Trust Holdings Inc. (3.72%), Villere ST Denis J & Co. LLC (2.71%), Artemis Investment Management LLP (1.00%), Allspring Global Investments Holdings LLC (0.21%), Atlas Capital Advisors LLC (0.21%) and Los Angeles Capital Management LLC (0.09%). 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, 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 4/25/2024 by MarketBeat.com Staff From Our PartnersThese AI trades triggered this morning (545% return)Prosper Trading AcademyConflict In Israel Sends Gold Soaring ???? 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