PLMR

Palomar Holdings Inc

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130.860

+0.55(0.422%)1D

Overview
Forecast
Valuation
Earnings

Line

Candle

YTD

High

130.970

Open

130.970

VWAP

Vol

5.45K

Mkt Cap

3.48B

Low

130.750

Amount

EV/EBITDA(TTM)

19.45

Total Shares

24.92M

3.37B

EV/OCF(TTM)

10.68

P/S(TTM)

5.71

Palomar Holdings, Inc. is an insurance holding company. The Company provides property and casualty insurance products to individuals and businesses. It serves residential and commercial clients in five product categories: Earthquake, Inland Marine and Other Property, Casualty, Fronting, and Crop. It distributes its products through multiple channels, including retail agents, program administrators, wholesale brokers, and partnerships with other insurance companies. It offers residential and commercial earthquake products on an admitted and excess and surplus lines (E&S) basis. Its residential earthquake products insure against home damage, contents, appurtenant structures, and temporary housing costs following an earthquake. Its commercial earthquake products focus on providing coverage for benign commercial risks. Its Inland Marine and Other Property products include Inland Marine, Hawaii Hurricane, Commercial All Risk, Excess National Property, Residential Flood, and others.

Market Estimates

Earnings Estimates

Revenue

YoY Chg

EPS

YoYChg

FY2025Q4

FY2025Q3

FY2025Q2

191.16M

+31.25%

2.030

+33.57%

200.80M

+47.26%

1.458

+18.52%

175.95M

+42.96%

1.718

+37.41%

Estimates Revision

The market is revising Upward the revenue expectations for Palomar Holdings, Inc. (PLMR) for FY2025, with the revenue forecasts being adjusted by 8.84% over the past three months. During the same period, the stock price has changed by -11.60%.

Revenue Estimates for FY2025

Revise Upward

+8.84%

In Past 3 Month

EPS Estimates for FY2025

Revise Upward

+5.56%

In Past 3 Month

Stock Price

Go Down

-11.60%

In Past 3 Month

8 Analyst Rating

38.93% Upside

Wall Street analysts forecast PLMR stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for PLMR is 181.80 USD with a low forecast of 168.00 USD and a high forecast of 204.00 USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.

6 Buy

2 Hold

0 Sell

Strong Buy

38.93% Upside

Current: 130.860

Low

168.00

Averages

181.80

High

204.00

38.93% Upside

Current: 130.860

Low

168.00

Averages

181.80

High

204.00

Keefe Bruyette

Outperform

maintain

$205 -> $204

2025-06-30

Reason

Keefe Bruyette

Price Target

$205 -> $204

2025-06-30

maintain

Outperform

Reason

Keefe Bruyette lowered the firm's price target on Palomar to $204 from $205 and keeps an Outperform rating on the shares. The partnership with MGA Neptune Flood implies faster gross written premium growth once the deal becomes effective in October 2025, the analyst tells investors in a research note.

Keefe Bruyette

Meyer Shields

Outperform

maintain

$195 -> $205

2025-05-30

Reason

Keefe Bruyette

Meyer Shields

Price Target

$195 -> $205

2025-05-30

maintain

Outperform

Reason

Keefe Bruyette analyst Meyer Shields raised the firm's price target on Palomar to $205 from $195 and keeps an Outperform rating on the shares. The firm expects the shares to trade higher on Friday following the raised FY25 adjusted net income guidance, the analyst tells investors in a research note.

Piper Sandler

Overweight

maintain

$171 -> $177

2025-05-30

Reason

Piper Sandler

Price Target

$171 -> $177

2025-05-30

maintain

Overweight

Reason

Piper Sandler raised the firm's price target on Palomar to $177 from $171 and keeps an Overweight rating on the shares. The firm notes Palomar announced the completion of certain June 1 reinsurance programs and increased its full year 2025 adjusted net income guidance. Favorable reinsurance pricing and increased capacity to drive growth in its earthquake business were cited as drivers of the increased guidance, Piper adds.

Evercore ISI

In Line

maintain

$163 -> $168

2025-05-30

Reason

Evercore ISI

Price Target

$163 -> $168

2025-05-30

maintain

In Line

Reason

Keefe Bruyette

Meyer Shields

Outperform

maintain

$145 -> $195

2025-05-09

Reason

Keefe Bruyette

Meyer Shields

Price Target

$145 -> $195

2025-05-09

maintain

Outperform

Reason

Keefe Bruyette analyst Meyer Shields raised the firm's price target on Palomar to $195 from $145 and keeps an Outperform rating on the shares. The firm expects sustained strong gross written and earned premium growth and consistently solid underwriting results to drive ongoing outperformance over the next 12 months, the analyst tells investors in a research note.

Truist Securities

Mark Hughes

Strong Buy

Maintains

$150 → $178

2025-04-15

Reason

Truist Securities

Mark Hughes

Price Target

$150 → $178

2025-04-15

Maintains

Strong Buy

Reason

Truist raised the firm's price target on Palomar to $178 from $150 and keeps a Buy rating on the shares. The Excess & Surplus data from a handful of large states is highly correlated with Palomar's results in its PESIC E&S operation, and the premium growth from these states positions the company to meet or exceed the Street mean outlook for 21% expansion overall, the analyst tells investors in a research note.

See All Ratings

Valuation Metrics

The current forward P/E ratio for Palomar Holdings Inc (PLMR.O) is 18.11, compared to its 5-year average forward P/E of 26.38. For a more detailed relative valuation and DCF analysis to assess Palomar Holdings Inc 's fair value, click here.

Forward PE

The forward P/E ratio is a valuation metric that divides a company's current stock price by its estimated future earnings per share over the next 12 months.

Fair

5Y Average PE

26.38

Current PE

18.11

Overvalued PE

42.84

Undervalued PE

9.92

Forward EV/EBITDA

The forward EV/EBITDA ratio is a valuation metric that divides a company's enterprise value (EV) by its estimated future earnings before interest, taxes, depreciation, and amortization (EBITDA) over the next 12 months.

N/A

5Y Average EV/EBITDA

0.00

Current EV/EBITDA

0.00

Overvalued EV/EBITDA

0.00

Undervalued EV/EBITDA

0.00

Forward PS

The forward P/S ratio is a valuation metric that divides a company's current stock price by its estimated future sales (or revenue) per share over the next 12 months.

Fair

5Y Average PS

5.52

Current PS

4.44

Overvalued PS

8.12

Undervalued PS

2.92