Core Viewpoint - Palomar Holdings (PLMR) is anticipated to show significant growth in both revenue and earnings for the first quarter of 2025, with a revenue estimate of $171.2 million, reflecting a 48.7% year-over-year increase, and an earnings estimate of $1.59 per share, indicating a 45.9% increase from the previous year [1][2]. Revenue and Earnings Estimates - The Zacks Consensus Estimate for PLMR's first-quarter revenues is $171.2 million, which is a 48.7% increase from the same quarter last year [1]. - The consensus estimate for earnings per share is $1.59, suggesting a year-over-year increase of 45.9% [2]. Earnings Prediction Model - The earnings prediction model indicates a likely earnings beat for PLMR, supported by a positive Earnings ESP of +6.29% and a Zacks Rank of 2 (Buy) [2][3]. Factors Influencing Q1 Results - PLMR's earnings are expected to benefit from a fee-based revenue stream, increased policy volume, strong retention rates, and strategic product expansion [4]. - The company's focus on the crop business and the Residential Earthquake business is likely to have positively impacted performance [5]. Premium and Investment Income - The Zacks Consensus Estimate for premiums earned is $160 million, with an internal estimate of $161.7 million [5]. - Investment income is projected to rise due to high-quality fixed income securities and increased fixed-income yields, with a consensus estimate of $11.3 million [6]. Combined Ratio and Expenses - The combined ratio is estimated at 75, with an internal estimate of 76.9, indicating improved performance due to a reinsurance policy limiting catastrophe losses [7]. - Total expenses are expected to rise to $124.9 million, driven by higher losses and other underwriting expenses [8].

Group 1 - Palomar Holdings, Inc. will release its first quarter 2025 results after market close on May 5, 2025, and will host a conference call on May 6, 2025, at 12:00 p.m. Eastern Time [1] - The conference call can be accessed by dialing specific numbers for both domestic and international callers, with a replay available starting at 4:00 p.m. Eastern Time on May 6, 2025 [2] - Interested parties can also listen to a simultaneous webcast of the conference call on the Company's investor relations website, with an online replay available for a limited time [3] Group 2 - Palomar Holdings, Inc. is the holding company for several subsidiaries, including Palomar Specialty Insurance Company and Palomar Specialty Reinsurance Company Bermuda Ltd., and serves clients in various insurance product categories [4] - The financial strength rating of Palomar's insurance subsidiaries is "A" (Excellent) from A.M. Best, indicating a strong financial position [4]

Core Viewpoint - Palomar (PLMR) shows potential as a stock pick due to its recent technical performance and positive earnings estimate revisions [1][4]. Technical Analysis - PLMR has surpassed resistance at the 20-day moving average, indicating a short-term bullish trend [1]. - The 20-day simple moving average is a key trading tool that helps smooth out price fluctuations and signals trend reversals [1][2]. - The stock's price is currently above the 20-day moving average, which is considered a positive trend [2]. Performance Metrics - Over the past four weeks, PLMR has gained 9.7% [4]. - The company holds a Zacks Rank 1 (Strong Buy), suggesting further upward movement potential [4]. Earnings Estimates - There have been 6 upward revisions for PLMR's earnings estimates for the current fiscal year, with no downward revisions [4]. - The consensus earnings estimate has also increased, reinforcing the bullish outlook for the stock [4][5].

Palomar (PLMR) shares ended the last trading session 9.2% higher at $143.13. The jump came on an impressive volume with a higher-than-average number of shares changing hands in the session. This compares to the stock's 0.1% loss over the past four weeks.PLMR's shares surged in response to the broader market rally after President Trump announced a 90-day pause of reciprocal tariffs for most countries.This insurance holding company is expected to post quarterly earnings of $1.61 per share in its upcoming repo ...

Investors interested in Finance stocks should always be looking to find the best-performing companies in the group. Has Palomar (PLMR) been one of those stocks this year? A quick glance at the company's year-to-date performance in comparison to the rest of the Finance sector should help us answer this question.Palomar is a member of the Finance sector. This group includes 859 individual stocks and currently holds a Zacks Sector Rank of #4. The Zacks Sector Rank gauges the strength of our 16 individual secto ...

Market Overview - The three major U.S. indexes, Nasdaq Composite, S&P 500, and Dow Jones Industrial Average, experienced significant declines of 9.89%, 9.58%, and 8.78% respectively last week due to President Trump's reciprocal tariff policies implemented on April 2, 2025, raising fears of a near-term recession [1] - Analysts predict a slowdown in economic growth and a rise in short-term inflation, with the core personal consumption expenditure (PCE) inflation marking a monthly gain of 0.4% in February 2025, the largest since January 2024 [2] Economic Indicators - The Institute of Supply Management (ISM) reported that manufacturing PMI contracted to 49% and services PMI to 50.8% in March, indicating a contraction in manufacturing activities [3] - Job openings fell by 194,000 to 7.568 million in February, marking the lowest level since September 2024, with the employment index declining to 46.2% in March from 53.9% in February [3] Investment Performance - PhenixFIN Corporation (PFX) shares gained 6.2% since being upgraded to Zacks Rank 1 on February 12, while United Fire Group, Inc. (UFCS) returned 5.2% since its upgrade on February 13, both outperforming the S&P 500's significant declines [4][5] - A hypothetical portfolio of Zacks Rank 1 stocks returned -3.48% in January 2025, compared to -0.60% for the S&P 500, but had a strong performance in 2024 with a return of +22.3% [5][6] Zacks Recommendations - EZCORP, Inc. (EZPW) and Palomar Holdings, Inc. (PLMR) saw share increases of 13.4% and 5% respectively since their Zacks Recommendation upgrades to Outperform [8] - The Zacks Focus List portfolio, which includes HCA Healthcare, Inc. (HCA) and Palantir Technologies Inc. (PLTR), returned +0.87% this year through February 2025, outperforming the S&P 500's -14.2% decline over the same period [11][12] Long-term Performance - The Zacks Top 10 portfolio has produced a cumulative return of +1948.35% since 2012, significantly outperforming the S&P 500's +469.98% return in the same timeframe [24]

It's also important to note that Style Scores work as a complement to the Zacks Rank, our stock rating system that has an impressive track record of outperformance. Palomar currently has a Zacks Rank of #1 (Strong Buy). Our research shows that stocks rated Zacks Rank #1 (Strong Buy) and #2 (Buy) and Style Scores of A or B outperform the market over the following one-month period. You can see the current list of Zacks #1 Rank Stocks here >>> Set to Beat the Market? Momentum investing revolves around the idea ...

LA JOLLA, Calif., March 20, 2025 (GLOBE NEWSWIRE) -- Palomar Holdings, Inc. (NASDAQ:PLMR) (“Palomar” or the “Company”) today announced that it has entered into a definitive agreement to acquire Advanced AgProtection (“AAP”). Advanced AgProtection is a Texas-headquartered specialized Crop Managing General Agent. The AAP team is comprised of industry veterans with longstanding relationships and a proven track record in the Crop insurance sector. Palomar made a strategic investment in AAP in 2023 at the launch ...

It has been about a month since the last earnings report for Palomar (PLMR) . Shares have added about 1.9% in that time frame, outperforming the S&P 500.Will the recent positive trend continue leading up to its next earnings release, or is Palomar due for a pullback? Before we dive into how investors and analysts have reacted as of late, let's take a quick look at the most recent earnings report in order to get a better handle on the important catalysts.How Have Estimates Been Moving Since Then?It turns out ...

Palomar Holdings (PLMR) shares are trading at a premium to the Zacks Property and Casualty insurance industry. Its price-to-earnings of 4.58X is higher than the industry average of 1.5X.With a capitalization of $3.4 billion, the average number of shares traded in the last three months was 0.2 million.   Image Source: Zacks Investment ResearchShares of other insurers like Horace Mann Educators (HMN) , Lemonade (LMND) and Employers Holdings Inc. (EIG) are trading at a multiple lower than the industry average. ...