Zacks Research Has Positive Estimate for Palomar Q1 Earnings

Palomar Holdings, Inc. (NASDAQ:PLMR) – Stock analysts at Zacks Research raised their Q1 2027 earnings per share (EPS) estimates for Palomar in a report released on Monday, August 3rd. Zacks Research analyst Team now expects that the company will earn $2.22 per share for the quarter, up from their previous estimate of $2.18. Zacks Research has a “Hold” rating on the stock. The consensus estimate for Palomar’s current full-year earnings is $8.90 per share. Zacks Research also issued estimates for Palomar’s FY2027 earnings at $9.70 EPS, Q1 2028 earnings at $3.08 EPS and Q2 2028 earnings at $2.12 EPS.

Several other equities research analysts also recently commented on PLMR. Piper Sandler upped their target price on shares of Palomar from $132.00 to $165.00 and gave the company an “overweight” rating in a research note on Wednesday, July 15th. Keefe, Bruyette & Woods lifted their price target on shares of Palomar from $162.00 to $166.00 and gave the stock an “outperform” rating in a research report on Wednesday, July 8th. Weiss Ratings raised shares of Palomar from a “hold (c)” rating to a “hold (c+)” rating in a report on Thursday, June 18th. JPMorgan Chase & Co. upped their price objective on shares of Palomar from $150.00 to $167.00 and gave the company an “overweight” rating in a research report on Monday, July 20th. Finally, Evercore set a $152.00 target price on Palomar in a report on Friday, July 10th. Four research analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the company. Based on data from MarketBeat.com, Palomar has an average rating of “Moderate Buy” and an average target price of $162.50.

Palomar Stock Down 0.3%

Palomar stock opened at $136.11 on Wednesday. The company’s 50 day simple moving average is $125.19 and its 200 day simple moving average is $123.58. Palomar has a fifty-two week low of $100.81 and a fifty-two week high of $147.62. The firm has a market capitalization of $3.61 billion, a price-to-earnings ratio of 18.96 and a beta of 0.40. The company has a debt-to-equity ratio of 0.31, a current ratio of 0.49 and a quick ratio of 0.49.

Palomar (NASDAQ:PLMR) last announced its quarterly earnings results on Tuesday, August 4th. The company reported $2.36 EPS for the quarter, beating analysts’ consensus estimates of $2.19 by $0.17. The company had revenue of $314.42 million during the quarter, compared to analysts’ expectations of $621.52 million. Palomar had a return on equity of 22.62% and a net margin of 20.11%.During the same period in the prior year, the business posted $1.76 EPS.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently modified their holdings of PLMR. Vanguard Group Inc. raised its position in Palomar by 2.5% in the 4th quarter. Vanguard Group Inc. now owns 2,698,278 shares of the company’s stock valued at $363,620,000 after buying an additional 67,038 shares during the last quarter. Janus Henderson Group PLC boosted its position in Palomar by 17.4% during the 1st quarter. Janus Henderson Group PLC now owns 933,993 shares of the company’s stock worth $111,664,000 after acquiring an additional 138,368 shares during the last quarter. Westfield Capital Management Co. LP boosted its position in Palomar by 13.8% during the 4th quarter. Westfield Capital Management Co. LP now owns 840,226 shares of the company’s stock worth $113,229,000 after acquiring an additional 101,698 shares during the last quarter. Sumitomo Mitsui Trust Group Inc. grew its stake in shares of Palomar by 72.1% during the 4th quarter. Sumitomo Mitsui Trust Group Inc. now owns 785,165 shares of the company’s stock worth $105,809,000 after acquiring an additional 328,993 shares in the last quarter. Finally, Stephens Investment Management Group LLC grew its stake in shares of Palomar by 3.0% during the 1st quarter. Stephens Investment Management Group LLC now owns 714,914 shares of the company’s stock worth $85,432,000 after acquiring an additional 20,597 shares in the last quarter. 90.25% of the stock is owned by institutional investors and hedge funds.

Insider Activity at Palomar

In related news, COO Rodolphe Herve sold 1,207 shares of the company’s stock in a transaction on Friday, July 31st. The shares were sold at an average price of $135.35, for a total value of $163,367.45. Following the completion of the transaction, the chief operating officer directly owned 3,548 shares of the company’s stock, valued at approximately $480,221.80. This represents a 25.38% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Also, insider Timothy Carter sold 480 shares of the company’s stock in a transaction on Sunday, June 28th. The stock was sold at an average price of $124.29, for a total transaction of $59,659.20. Following the completion of the transaction, the insider directly owned 1,670 shares of the company’s stock, valued at approximately $207,564.30. The trade was a 22.33% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Over the last 90 days, insiders sold 22,050 shares of company stock valued at $2,875,050. 3.70% of the stock is owned by insiders.

Palomar Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Wednesday, September 2nd. Investors of record on Wednesday, August 19th will be issued a dividend of $0.45 per share. This represents a $1.80 dividend on an annualized basis and a dividend yield of 1.3%. The ex-dividend date is Wednesday, August 19th.

Key Headlines Impacting Palomar

Here are the key news stories impacting Palomar this week:

• Positive Sentiment: Palomar reported second-quarter EPS of $2.36, exceeding analysts’ $2.19 consensus estimate by $0.17 and rising from $1.76 in the prior-year quarter. The company also posted a 22.62% return on equity and a 20.11% net margin. Palomar Holdings, Inc. Reports Second Quarter 2026 Results
• Neutral Sentiment: COO Rodolphe Herve sold 1,207 shares worth approximately $163,367. The filing said the transaction was intended to cover tax-withholding obligations tied to vested equity awards, making it less indicative of a bearish view on the company. Palomar insider transaction
• Negative Sentiment: Revenue was reported at $314.42 million, well below the approximately $621.5 million analyst expectation cited in the earnings coverage. Even with the EPS beat, the reported top-line miss could raise concerns about growth and operating performance. Palomar Q2 Earnings Snapshot
• Negative Sentiment: Zacks Research lowered its fiscal 2028 EPS estimate to $10.45 from $10.62 and maintained a “Hold” rating. The revision signals somewhat weaker longer-term earnings expectations, although the current-year consensus remains $8.90 per share. Palomar analyst estimate revision

About Palomar

Palomar Holdings, Inc (NASDAQ: PLMR) is a specialty insurance holding company focused on providing medical stop-loss coverage and related administrative services to self-funded employer health plans in the United States. The firm operates through two primary business segments—Medical Stop-Loss and Specialty Program Management—to deliver tailored risk protection and comprehensive program administration.

In its Medical Stop-Loss segment, Palomar underwrites excess and aggregate stop-loss policies designed to shield self-insured employers from catastrophic medical claims that exceed pre-determined retention levels.