Palomar(PLMR)

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Palomar Holdings, Inc. Announces First Quarter 2025 Financial Results Release Date and Conference Call
GlobeNewswire News Room· 2025-04-28 20:10
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]
Palomar (PLMR) Recently Broke Out Above the 20-Day Moving Average
ZACKS· 2025-04-10 14:35
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) Soars 9.2%: Is Further Upside Left in the Stock?
ZACKS· 2025-04-10 14:30
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 ...
Is Palomar Holdings (PLMR) Stock Outpacing Its Finance Peers This Year?
ZACKS· 2025-04-08 14:40
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 ...
Palomar (PLMR) Is Up 5.76% in One Week: What You Should Know
ZACKS· 2025-04-01 17:01
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 ...
Palomar Holdings, Inc. Announces Agreement to Acquire Advanced AgProtection
GlobeNewswire News Room· 2025-03-20 20:10
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 ...
Why Is Palomar (PLMR) Up 1.9% Since Last Earnings Report?
ZACKS· 2025-03-14 16:35
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 ...
PLMR Stock Outperforms Industry, Trades at a Premium: Should You Buy?
ZACKS· 2025-03-11 20:00
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. ...
Palomar Holdings, Inc. to Host Investor Day
Newsfilter· 2025-03-06 21:33
Core Points - Palomar Holdings, Inc. will host an Investor Day on March 20, 2025, in New York City, featuring a presentation by Chairman and CEO Mac Armstrong and the senior leadership team [1][2] - The event will provide a comprehensive overview of Palomar's business, focusing on specialty products, operations, and the Palomar 2X philosophy [2] - The presentation will be available via webcast, with a replay accessible later on the company's Investor Relations website [3] Company Overview - Palomar Holdings, Inc. is a holding company for several subsidiaries, including Palomar Specialty Insurance Company and Palomar Specialty Reinsurance Company Bermuda Ltd., among others [4] - The company operates in five product categories: Earthquake, Inland Marine and Other Property, Casualty, Fronting, and Crop [4] - Palomar's insurance subsidiaries have a financial strength rating of "A" (Excellent) from A.M. Best [4]
3 Reasons Why Growth Investors Shouldn't Overlook Palomar (PLMR)
ZACKS· 2025-02-27 18:45
Core Viewpoint - Growth stocks are appealing due to their potential for above-average financial growth, but identifying strong candidates involves significant risk and volatility [1] Group 1: Growth Stock Identification - The Zacks Growth Style Score system aids in identifying promising growth stocks by analyzing real growth prospects beyond traditional metrics [2] - Palomar (PLMR) is highlighted as a recommended stock with a favorable Growth Score and a top Zacks Rank [2] Group 2: Earnings Growth - Earnings growth is crucial for attracting investor interest, with double-digit growth being particularly favorable [3] - Palomar's historical EPS growth rate is 46.3%, with projected EPS growth of 28.5% this year, significantly surpassing the industry average of 3.1% [4] Group 3: Cash Flow Growth - High cash flow growth is essential for growth-oriented companies, enabling them to fund new projects without external financing [5] - Palomar's year-over-year cash flow growth is 45.1%, well above the industry average of 15.6% [5] - The company's annualized cash flow growth rate over the past 3-5 years is 34.3%, compared to the industry average of 12.3% [6] Group 4: Earnings Estimate Revisions - Positive trends in earnings estimate revisions correlate strongly with stock price movements [7] - The Zacks Consensus Estimate for Palomar's current-year earnings has increased by 10.4% over the past month [8] Group 5: Overall Assessment - Palomar has achieved a Growth Score of B and a Zacks Rank 1 due to positive earnings estimate revisions, indicating it is a potential outperformer for growth investors [10]