Zacks Research Analysts Boost Earnings Estimates for Palomar

Palomar Holdings, Inc. (NASDAQ:PLMR) – Analysts at Zacks Research increased their Q3 2025 earnings per share estimates for Palomar in a research note issued on Tuesday, October 14th. Zacks Research analyst Team now forecasts that the company will post earnings of $1.42 per share for the quarter, up from their prior estimate of $1.38. The consensus estimate for Palomar’s current full-year earnings is $5.99 per share. Zacks Research also issued estimates for Palomar’s FY2025 earnings at $6.66 EPS, Q3 2026 earnings at $1.90 EPS, Q4 2026 earnings at $2.20 EPS, FY2026 earnings at $7.76 EPS, Q1 2027 earnings at $2.25 EPS, Q2 2027 earnings at $2.31 EPS, Q3 2027 earnings at $2.07 EPS and FY2027 earnings at $8.75 EPS.

PLMR has been the topic of several other research reports. Wall Street Zen cut Palomar from a “buy” rating to a “hold” rating in a research note on Saturday, July 5th. JPMorgan Chase & Co. cut their price target on Palomar from $158.00 to $137.00 and set an “overweight” rating on the stock in a research note on Thursday, October 9th. Piper Sandler cut their price objective on Palomar from $177.00 to $151.00 and set an “overweight” rating on the stock in a research note on Wednesday, August 6th. Keefe, Bruyette & Woods cut their price objective on Palomar from $204.00 to $172.00 and set an “outperform” rating on the stock in a research note on Friday, August 8th. Finally, Weiss Ratings restated a “hold (c+)” rating on shares of Palomar in a research note on Wednesday, October 8th. Five investment analysts have rated the stock with a Buy rating and three have issued a Hold rating to the company’s stock. Based on data from MarketBeat, the company presently has an average rating of “Moderate Buy” and a consensus target price of $156.67.

Palomar Stock Performance

NASDAQ:PLMR opened at $117.65 on Thursday. Palomar has a one year low of $85.00 and a one year high of $175.85. The business’s 50-day simple moving average is $119.43 and its 200 day simple moving average is $138.90. The stock has a market cap of $3.15 billion, a price-to-earnings ratio of 20.68 and a beta of 0.30.

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

Insiders Place Their Bets

In other Palomar news, President Jon Christianson sold 521 shares of the stock in a transaction on Monday, August 18th. The stock was sold at an average price of $120.13, for a total transaction of $62,587.73. Following the completion of the transaction, the president directly owned 59,036 shares of the company’s stock, valued at approximately $7,091,994.68. This trade represents a 0.87% decrease in their position. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, CEO Mac Armstrong sold 5,000 shares of the stock in a transaction on Monday, September 22nd. The shares were sold at an average price of $116.02, for a total value of $580,100.00. Following the transaction, the chief executive officer directly owned 372,388 shares of the company’s stock, valued at approximately $43,204,455.76. The trade was a 1.32% decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last three months, insiders sold 18,214 shares of company stock worth $2,311,494. 3.70% of the stock is owned by company insiders.

Institutional Investors Weigh In On Palomar

A number of institutional investors and hedge funds have recently modified their holdings of the stock. Allworth Financial LP lifted its holdings 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 purchasing an additional 197 shares in the last quarter. Nisa Investment Advisors LLC increased 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 worth $43,000 after acquiring an additional 202 shares during the last quarter. Maseco LLP acquired a new position in shares of Palomar in the second quarter worth $45,000. Hollencrest Capital Management increased 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 worth $48,000 after acquiring an additional 113 shares during the last quarter. Finally, TCTC Holdings LLC increased its stake in shares of Palomar by 116.5% in the first quarter. TCTC Holdings LLC now owns 381 shares of the company’s stock worth $52,000 after acquiring an additional 205 shares during the last quarter. Institutional investors and hedge funds own 90.25% 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.