Analysts Offer Predictions for Palomar FY2026 Earnings

Palomar Holdings, Inc. (NASDAQ:PLMR) – Equities researchers at William Blair issued their FY2026 earnings per share estimates for Palomar in a note issued to investors on Thursday, October 9th. William Blair analyst A. Klauber anticipates that the company will earn $8.03 per share for the year. The consensus estimate for Palomar’s current full-year earnings is $5.99 per share.

PLMR has been the subject of several other reports. Evercore ISI dropped 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 dropped their target price on Palomar from $204.00 to $172.00 and set an “outperform” rating for the company in a research note on Friday, August 8th. JPMorgan Chase & Co. dropped their target price on Palomar from $158.00 to $137.00 and set an “overweight” rating for the company in a research note on Thursday, October 9th. Piper Sandler dropped their target price on Palomar from $177.00 to $151.00 and set an “overweight” rating for the company in a research note on Wednesday, August 6th. Finally, Wall Street Zen lowered Palomar from a “buy” rating to a “hold” rating in a research note on Saturday, July 5th. Five equities research analysts have rated the stock with a Buy rating and three have given a Hold rating to the company’s stock. According to data from MarketBeat, Palomar currently has a consensus rating of “Moderate Buy” and a consensus target price of $156.67.

Palomar Trading Up 1.1%

Palomar stock opened at $119.48 on Monday. The firm has a market capitalization of $3.20 billion, a P/E ratio of 21.00 and a beta of 0.30. The stock has a fifty day moving average price of $119.41 and a 200 day moving average price of $139.04. Palomar has a 52 week low of $85.00 and a 52 week high of $175.85.

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

Insider Activity at Palomar

In other Palomar news, CFO T Christopher Uchida sold 500 shares of the company’s stock in a transaction dated Wednesday, August 20th. The stock was sold at an average price of $121.59, for a total transaction of $60,795.00. Following the completion of the sale, the chief financial officer directly owned 7,168 shares in the company, valued at $871,557.12. This represents a 6.52% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available through this hyperlink. Also, President Jon Christianson sold 521 shares of the company’s stock in a transaction dated Monday, August 18th. The stock was sold at an average price of $120.13, for a total value of $62,587.73. Following the sale, the president owned 59,036 shares of the company’s stock, valued at $7,091,994.68. This represents a 0.87% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold a total of 18,214 shares of company stock valued at $2,311,494 over the last three months. Insiders own 3.70% of the company’s stock.

Institutional Investors Weigh In On Palomar

Large investors have recently modified their holdings of the stock. Allworth Financial LP grew its stake in shares of Palomar by 1,970.0% in the second quarter. Allworth Financial LP now owns 207 shares of the company’s stock valued at $32,000 after buying an additional 197 shares in the last quarter. Maseco LLP acquired a new stake in shares of Palomar in the second quarter valued at about $45,000. Nisa Investment Advisors LLC grew its stake in shares of Palomar by 185.3% in the first quarter. Nisa Investment Advisors LLC now owns 311 shares of the company’s stock valued at $43,000 after buying an additional 202 shares in the last quarter. Hollencrest Capital Management grew its stake in shares of Palomar by 56.5% in the second quarter. Hollencrest Capital Management now owns 313 shares of the company’s stock valued at $48,000 after buying an additional 113 shares in the last quarter. Finally, IFP Advisors Inc grew its stake in shares of Palomar by 556.9% in the second quarter. IFP Advisors Inc now owns 335 shares of the company’s stock valued at $52,000 after buying an additional 284 shares in the last quarter. Institutional investors and hedge funds own 90.25% of the company’s stock.

About Palomar

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.