Equities Analysts Offer Predictions for Palomar Q3 Earnings

Palomar Holdings, Inc. (NASDAQ:PLMR) – Analysts at Zacks Research cut their Q3 2025 earnings per share (EPS) estimates for shares of Palomar in a research note issued on Monday, May 19th. Zacks Research analyst S. Sarkar now expects that the company will post earnings per share of $1.44 for the quarter, down from their previous forecast of $1.47. The consensus estimate for Palomar’s current full-year earnings is $5.99 per share. Zacks Research also issued estimates for Palomar’s Q4 2025 earnings at $1.66 EPS, Q1 2026 earnings at $1.61 EPS, Q2 2026 earnings at $1.50 EPS and Q4 2026 earnings at $2.32 EPS.

PLMR has been the topic of several other reports. Jefferies Financial Group increased their price target on Palomar from $145.00 to $168.00 and gave the stock a “buy” rating in a report on Friday, April 11th. Keefe, Bruyette & Woods reduced their target price on Palomar from $155.00 to $145.00 and set an “outperform” rating on the stock in a research note on Wednesday, April 9th. Truist Financial boosted their price objective on shares of Palomar from $150.00 to $178.00 and gave the company a “buy” rating in a research report on Tuesday, April 15th. JPMorgan Chase & Co. raised shares of Palomar from a “neutral” rating to an “overweight” rating and raised their target price for the stock from $115.00 to $150.00 in a research report on Tuesday, April 8th. Finally, Piper Sandler boosted their price target on Palomar from $133.00 to $150.00 and gave the company an “overweight” rating in a report on Friday, February 14th. Two investment analysts have rated the stock with a hold rating and five have assigned a buy rating to the stock. According to MarketBeat, the company presently has an average rating of “Moderate Buy” and an average price target of $148.33.

Palomar Trading Down 0.4%

PLMR stock opened at $160.82 on Thursday. The stock has a market cap of $4.30 billion, a PE ratio of 35.90 and a beta of 0.51. Palomar has a 12 month low of $77.28 and a 12 month high of $165.00. The company has a 50-day moving average price of $146.26 and a 200 day moving average price of $123.24.

Palomar (NASDAQ:PLMR) last released its quarterly earnings results on Monday, May 5th. The company reported $1.87 earnings per share for the quarter, beating the consensus estimate of $1.61 by $0.26. Palomar had a return on equity of 19.76% and a net margin of 21.23%. The company had revenue of $174.63 million for the quarter, compared to analyst estimates of $161.97 million. During the same quarter in the prior year, the firm posted $1.09 EPS.

Insiders Place Their Bets

In other Palomar news, CFO T Christopher Uchida sold 1,000 shares of the stock in a transaction on Monday, March 31st. The stock was sold at an average price of $139.00, for a total transaction of $139,000.00. Following the sale, the chief financial officer now owns 10,172 shares of the company’s stock, valued at approximately $1,413,908. This trade represents a 8.95% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, CEO Mac Armstrong sold 5,000 shares of Palomar stock in a transaction on Friday, March 21st. The shares were sold at an average price of $129.72, for a total value of $648,600.00. Following the completion of the transaction, the chief executive officer now owns 402,388 shares in the company, valued at $52,197,771.36. This represents a 1.23% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold a total of 22,202 shares of company stock worth $3,265,129 in the last three months. Corporate insiders own 3.70% of the company’s stock.

Institutional Investors Weigh In On Palomar

Institutional investors have recently added to or reduced their stakes in the stock. Blue Trust Inc. bought a new stake in shares of Palomar in the 4th quarter valued at about $26,000. Nisa Investment Advisors LLC lifted its position in Palomar by 185.3% during the first quarter. Nisa Investment Advisors LLC now owns 311 shares of the company’s stock valued at $43,000 after acquiring an additional 202 shares during the last quarter. Opal Wealth Advisors LLC purchased a new stake in Palomar during the first quarter valued at approximately $46,000. TCTC Holdings LLC boosted its stake in Palomar by 116.5% in the first quarter. TCTC Holdings LLC now owns 381 shares of the company’s stock valued at $52,000 after acquiring an additional 205 shares in the last quarter. Finally, NBC Securities Inc. purchased a new position in Palomar in the first quarter worth $53,000. Institutional investors own 90.25% of the company’s stock.

Palomar Company Profile

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.