Zacks Research Forecasts Palomar’s Q1 Earnings (NASDAQ:PLMR)

Palomar Holdings, Inc. (NASDAQ:PLMR) – Equities research analysts at Zacks Research lowered their Q1 2026 earnings estimates for Palomar in a research report issued to clients and investors on Monday, November 17th. Zacks Research analyst Team now expects that the company will earn $1.86 per share for the quarter, down from their prior forecast of $1.87. The consensus estimate for Palomar’s current full-year earnings is $5.99 per share. Zacks Research also issued estimates for Palomar’s Q3 2026 earnings at $1.80 EPS, Q4 2026 earnings at $2.30 EPS, FY2026 earnings at $7.81 EPS and FY2027 earnings at $8.57 EPS.

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

Several other analysts have also issued reports on the stock. Keefe, Bruyette & Woods raised their price target on shares of Palomar from $164.00 to $170.00 and gave the stock an “outperform” rating in a research report on Tuesday, November 11th. Evercore ISI decreased their target price on Palomar from $168.00 to $134.00 and set an “in-line” rating on the stock in a research report on Wednesday, October 1st. JPMorgan Chase & Co. upped their price target on Palomar from $137.00 to $145.00 and gave the company an “overweight” rating in a report on Monday, November 10th. Wall Street Zen raised Palomar from a “hold” rating to a “buy” rating in a report on Saturday, November 15th. Finally, Weiss Ratings restated a “hold (c+)” rating on shares of Palomar in a research note on Wednesday, October 8th. Five equities research analysts have rated the stock with a Buy rating and three have issued a Hold rating to the stock. According to MarketBeat, Palomar has an average rating of “Moderate Buy” and an average target price of $157.67.

Palomar Trading Down 3.2%

PLMR opened at $125.50 on Thursday. The business has a 50 day moving average of $117.94 and a 200-day moving average of $134.49. The stock has a market capitalization of $3.33 billion, a price-to-earnings ratio of 22.06 and a beta of 0.25. Palomar has a 1-year low of $98.42 and a 1-year high of $175.85.

Insider Activity at Palomar

In related news, CEO Mac Armstrong sold 5,000 shares of the stock in a transaction dated Tuesday, October 21st. The shares were sold at an average price of $115.31, for a total transaction of $576,550.00. Following the completion of the sale, the chief executive officer owned 367,388 shares in the company, valued at $42,363,510.28. This trade represents a 1.34% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available through the SEC website. In the last 90 days, insiders have sold 13,218 shares of company stock valued at $1,530,260. 3.70% of the stock is currently owned by insiders.

Institutional Inflows and Outflows

A number of institutional investors have recently modified their holdings of PLMR. Salomon & Ludwin LLC acquired a new position in Palomar in the third quarter worth $25,000. Richardson Financial Services Inc. raised its holdings in shares of Palomar by 210.0% in the third quarter. Richardson Financial Services Inc. now owns 217 shares of the company’s stock valued at $25,000 after buying an additional 147 shares during the last quarter. Allworth Financial LP raised 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 buying an additional 197 shares during the last quarter. Maseco LLP acquired a new position in Palomar during the 2nd quarter worth about $45,000. Finally, Clearstead Advisors LLC grew its holdings in Palomar by 31.0% during the 3rd quarter. Clearstead Advisors LLC now owns 397 shares of the company’s stock worth $46,000 after acquiring an additional 94 shares during the last quarter. Institutional investors 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.