PLMR Stock - Palomar Holdings, Inc.
Unlock GoAI Insights for PLMR
Get institutional-grade AI analysis, real-time signals, and deep market intelligence powered by advanced machine learning.
Free 14-day trial • No credit card required
Premium members get real-time SMS alerts
Financial Statements
| Metric | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 |
|---|---|---|---|---|---|
| Revenue | $553.86M | $375.93M | $327.09M | $247.79M | $168.46M |
| Gross Profit | $269.45M | $195.59M | $137.64M | $110.90M | $40.31M |
| Gross Margin | 48.6% | 52.0% | 42.1% | 44.8% | 23.9% |
| Operating Income | $151.20M | $103.64M | $67.55M | $57.14M | $6.22M |
| Net Income | $117.57M | $79.20M | $52.17M | $45.85M | $6.26M |
| Net Margin | 21.2% | 21.1% | 15.9% | 18.5% | 3.7% |
| EPS | $4.61 | $3.19 | $2.07 | $1.80 | $0.25 |
Palomar Holdings, Inc., an insurance holding company, provides specialty property insurance to residential and commercial customers. The company offers personal and commercial specialty property insurance products, including residential and commercial earthquake, commercial all risk, specialty homeowners, inland marine, Hawaii hurricane, and residential flood, as well as other products, such as assumed reinsurance, commercial flood, real estate error and omission, and real estate investor products. It markets and distributes its products through retail agents, wholesale brokers, program administrators, and carrier partnerships. The company was formerly known as GC Palomar Holdings. Palomar Holdings, Inc. was incorporated in 2013 and is headquartered in La Jolla, California.
Visit WebsiteRating Distribution
Price Targets
Recent Analyst Actions
| Date | Firm | Action | Rating | Price Target |
|---|---|---|---|---|
| April 8th 2025 | JP Morgan | Upgrade | Overweight | $150 |
| April 8th 2024 | JP Morgan | Downgrade | Neutral | $85← $79 |
| March 14th 2024 | Jefferies | Upgrade | Buy | $88← $78 |
| May 16th 2023 | Keefe Bruyette | Upgrade | Outperform | $64← $59 |
| January 10th 2023 | Evercore ISI | Downgrade | In-line | $52 |
| December 12th 2022 | Jefferies | Initiation | Hold | $55 |
| October 18th 2022 | JMP Securities | Downgrade | Market Perform | - |
| October 12th 2022 | Keefe Bruyette | Downgrade | Market Perform | $90← $88 |
| June 22nd 2022 | Piper Sandler | Upgrade | Overweight | $70 |
Earnings History & Surprises
PLMREPS Surprise History
Quarterly EPS Details
| Period | Report Date | Estimated EPS | Actual EPS | Surprise | Result |
|---|---|---|---|---|---|
Q2 2026 | May 4, 2026 | — | — | — | — |
Q1 2026 | Feb 11, 2026 | $2.06 | — | — | — |
Q4 2025 | Nov 6, 2025 | $1.58 | $2.01 | +27.2% | ✓ BEAT |
Q3 2025 | Aug 4, 2025 | $1.68 | $1.76 | +4.8% | ✓ BEAT |
Q2 2025 | May 5, 2025 | $1.59 | $1.87 | +17.6% | ✓ BEAT |
Q1 2025 | Feb 12, 2025 | $1.22 | $1.52 | +24.6% | ✓ BEAT |
Q4 2024 | Nov 4, 2024 | $1.03 | $1.23 | +19.4% | ✓ BEAT |
Q3 2024 | Aug 5, 2024 | $1.09 | $1.25 | +14.7% | ✓ BEAT |
Q2 2024 | May 2, 2024 | $0.94 | $1.09 | +16.0% | ✓ BEAT |
Q1 2024 | Feb 14, 2024 | $0.94 | $1.11 | +18.1% | ✓ BEAT |
Q4 2023 | Nov 1, 2023 | $0.74 | $0.92 | +24.3% | ✓ BEAT |
Q3 2023 | Aug 2, 2023 | $0.83 | $0.86 | +3.6% | ✓ BEAT |
Q2 2023 | May 3, 2023 | $0.74 | $0.80 | +8.1% | ✓ BEAT |
Q1 2023 | Feb 15, 2023 | $0.74 | $0.82 | +10.8% | ✓ BEAT |
Q4 2022 | Nov 2, 2022 | $0.60 | $0.29 | -51.7% | ✗ MISS |
Q3 2022 | Aug 3, 2022 | $0.67 | $0.73 | +9.0% | ✓ BEAT |
Q2 2022 | May 4, 2022 | $0.65 | $0.68 | +4.6% | ✓ BEAT |
Q1 2022 | Feb 16, 2022 | $0.64 | $0.74 | +15.6% | ✓ BEAT |
Q4 2021 | Nov 3, 2021 | $0.17 | $0.07 | -58.8% | ✗ MISS |
Q3 2021 | Aug 4, 2021 | $0.48 | $0.51 | +6.3% | ✓ BEAT |
Latest News
Keefe, Bruyette & Woods Maintains Outperform on Palomar Hldgs, Raises Price Target to $170
📈 PositiveJP Morgan Maintains Overweight on Palomar Hldgs, Raises Price Target to $145
📈 PositivePalomar Holdings shares are trading higher after the company reported better-than-expected Q3 financial results.
📈 PositivePalomar Holdings shares are trading higher after the company reported better-than-expected Q3 financial results.
📈 PositivePalomar Holdings Non-GAAP EPS of $2.01 beats by $0.40, revenue of $244.66M beats by $30.35M
📈 PositivePalomar Hldgs Q3 Adj. EPS $2.01 Beats $1.53 Estimate, Sales $225.147M Beat $216.835M Estimate
📈 PositivePalomar Holdings Announces It Will Acquire The Gray Casualty & Surety Company From Bernhard Capital Partners And The Gray Insurance Company For $300M In Cash
📈 PositiveJP Morgan Maintains Overweight on Palomar Hldgs, Lowers Price Target to $137
➖ NeutralEvercore ISI Group Maintains In-Line on Palomar Hldgs, Lowers Price Target to $134
➖ NeutralFrequently Asked Questions about PLMR
What is PLMR's current stock price?
What is the analyst price target for PLMR?
What sector is Palomar Holdings, Inc. in?
What is PLMR's market cap?
Does PLMR pay dividends?
Similar Stocks
Financial Services SectorExplore stocks similar to PLMR for comparison