Zacks Research Has Positive View of Palomar FY2025 Earnings

Palomar Holdings, Inc. (NASDAQ:PLMR) – Research analysts at Zacks Research boosted their FY2025 earnings estimates for shares of Palomar in a research report issued on Monday, November 17th. Zacks Research analyst Team now anticipates that the company will earn $7.11 per share for the year, up from their previous forecast 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 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 company had revenue of $65.74 million during the quarter.

PLMR has been the topic of a number of other reports. Evercore ISI decreased their price objective on Palomar from $168.00 to $134.00 and set an “in-line” rating on the stock in a report on Wednesday, October 1st. Keefe, Bruyette & Woods boosted their target price on shares of Palomar from $164.00 to $170.00 and gave the company an “outperform” rating in a research 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 research note on Monday, November 10th. Weiss Ratings reiterated a “hold (c+)” rating on shares of Palomar in a research note on Wednesday, October 8th. Finally, Piper Sandler cut their price objective on shares of Palomar from $177.00 to $151.00 and set an “overweight” rating for the company in a report on Wednesday, August 6th. Five investment analysts have rated the stock with a Buy rating and three have given a Hold rating to the company. According to MarketBeat.com, the company presently has an average rating of “Moderate Buy” and a consensus price target of $157.67.

Palomar Trading Up 0.9%

NASDAQ:PLMR opened at $129.62 on Wednesday. The stock has a market cap of $3.44 billion, a P/E ratio of 22.78 and a beta of 0.25. The stock has a 50 day simple moving average of $117.80 and a 200 day simple moving average of $134.55. Palomar has a 1-year low of $98.42 and a 1-year high of $175.85.

Insider Activity

In related news, CEO Mac Armstrong sold 5,000 shares of the firm’s stock in a transaction on Tuesday, October 21st. The stock was sold at an average price of $115.31, for a total value of $576,550.00. Following the transaction, the chief executive officer owned 367,388 shares in the company, valued at approximately $42,363,510.28. This trade represents a 1.34% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Over the last quarter, insiders sold 18,218 shares of company stock worth $2,163,060. Corporate insiders own 3.70% of the company’s stock.

Institutional Investors Weigh In On Palomar

A number of large investors have recently bought and sold shares of the company. Advisory Services Network LLC bought a new position in Palomar in the 3rd quarter valued at about $57,000. Armistice Capital LLC bought a new stake in shares of Palomar during the 3rd quarter worth approximately $299,000. CANADA LIFE ASSURANCE Co boosted its position in shares of Palomar by 2.0% during the 3rd quarter. CANADA LIFE ASSURANCE Co now owns 27,439 shares of the company’s stock worth $3,139,000 after acquiring an additional 538 shares in the last quarter. Woodline Partners LP acquired a new stake in shares of Palomar during the 3rd quarter worth approximately $11,543,000. Finally, Dark Forest Capital Management LP bought a new position in Palomar in the third quarter valued at approximately $1,232,000. 90.25% of the stock is currently owned by institutional investors and hedge funds.

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.