FY2025 EPS Estimates for Palomar Increased by Zacks Research

Palomar Holdings, Inc. (NASDAQ:PLMR) – Analysts at Zacks Research raised their FY2025 earnings estimates for Palomar in a research note issued to investors on Monday, November 17th. Zacks Research analyst Team now forecasts that the company will earn $7.11 per share for the year, up from their previous estimate of $6.66. 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 $1.91 EPS, Q2 2026 earnings at $1.86 EPS, Q1 2027 earnings at $2.16 EPS, Q2 2027 earnings at $2.24 EPS and Q3 2027 earnings at $2.18 EPS.

Palomar (NASDAQ:PLMR) last announced its quarterly earnings results on Friday, December 16th. The company reported $0.07 earnings per share for the quarter. Palomar had a net margin of 22.71% and a return on equity of 20.35%. The company had revenue of $65.74 million for the quarter.

Other equities research analysts also recently issued reports about the company. Piper Sandler lowered their price target on Palomar from $177.00 to $151.00 and set an “overweight” rating for the company in a report on Wednesday, August 6th. Evercore ISI lowered their target price on Palomar from $168.00 to $134.00 and set an “in-line” rating for the company in a research note on Wednesday, October 1st. Keefe, Bruyette & Woods raised their target price on shares of Palomar from $164.00 to $170.00 and gave the stock an “outperform” rating in a report on Tuesday, November 11th. JPMorgan Chase & Co. upped their price target on shares of Palomar from $137.00 to $145.00 and gave the company an “overweight” rating in a report on Monday, November 10th. Finally, Wall Street Zen raised shares of Palomar from a “hold” rating to a “buy” rating in a research report on Saturday. Five equities research analysts have rated the stock with a Buy rating and three have issued a Hold rating to the company’s stock. According to data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and an average target price of $157.67.

Palomar Trading Up 0.9%

Shares of Palomar stock opened at $129.62 on Wednesday. The stock’s fifty day simple moving average is $117.80 and its 200 day simple moving average is $134.55. The company has a market capitalization of $3.44 billion, a PE ratio of 22.78 and a beta of 0.25. Palomar has a 12 month low of $98.42 and a 12 month high of $175.85.

Institutional Inflows and Outflows

Large investors have recently added to or reduced their stakes in the business. Informed Momentum Co LLC acquired a new position in Palomar during the first quarter worth approximately $4,894,000. HighTower Advisors LLC boosted its stake in shares of Palomar by 252.8% during the 1st quarter. HighTower Advisors LLC now owns 11,217 shares of the company’s stock worth $1,538,000 after acquiring an additional 8,038 shares during the period. Beacon Harbor Wealth Advisors Inc. acquired a new position in shares of Palomar during the 1st quarter worth approximately $6,943,000. Dynamic Technology Lab Private Ltd acquired a new position in shares of Palomar during the 1st quarter worth approximately $314,000. Finally, Axiom Investors LLC DE bought a new stake in Palomar in the 1st quarter valued at $3,251,000. Institutional investors and hedge funds own 90.25% of the company’s stock.

Insider Buying and Selling

In other Palomar news, CEO Mac Armstrong sold 5,000 shares of the company’s stock in a transaction that occurred on Tuesday, October 21st. The stock was sold at an average price of $115.31, for a total transaction of $576,550.00. Following the completion of the transaction, the chief executive officer owned 367,388 shares of the company’s stock, valued at $42,363,510.28. This represents a 1.34% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available through this link. In the last quarter, insiders sold 18,218 shares of company stock valued at $2,163,060. Insiders own 3.70% 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.