Date | Price Target | Rating | Analyst |
---|---|---|---|
4/8/2024 | $79.00 → $85.00 | Overweight → Neutral | JP Morgan |
3/14/2024 | $78.00 → $88.00 | Hold → Buy | Jefferies |
5/16/2023 | $59.00 → $64.00 | Mkt Perform → Outperform | Keefe Bruyette |
1/10/2023 | $52.00 | Outperform → In-line | Evercore ISI |
12/12/2022 | $55.00 | Hold | Jefferies |
10/18/2022 | Mkt Outperform → Mkt Perform | JMP Securities | |
10/12/2022 | $88.00 → $90.00 | Outperform → Mkt Perform | Keefe Bruyette |
6/22/2022 | $70.00 | Neutral → Overweight | Piper Sandler |
In the last three months, 7 analysts have published ratings on Palomar Hldgs (NASDAQ:PLMR), offering a diverse range of perspectives from bullish to bearish. The following table provides a quick overview of their recent ratings, highlighting the changing sentiments over the past 30 days and comparing them to the preceding months. Bullish Somewhat Bullish Indifferent Somewhat Bearish Bearish Total Ratings 2 3 2 0 0 Last 30D 0 0 1 0 0 1M Ago 0 0 0 0 0 2M Ago 1 2 1 0 0 3M Ago 1 1 0 0 0 Analysts' evaluations of 12-month price targets offer additional insights, showcasing an average target of $94.57, with a high estimate of $100.00 and a low estimate of $89.00. This upward tre
JP Morgan analyst Pablo Singzon maintains Palomar Hldgs (NASDAQ:PLMR) with a Neutral and raises the price target from $88 to $91.
The company also announced that Tim Carter has been appointed Chief People Officer, effective June 24, 2024.
SC 13G - Palomar Holdings, Inc. (0001761312) (Subject)
SC 13G/A - Palomar Holdings, Inc. (0001761312) (Subject)
SC 13G/A - Palomar Holdings, Inc. (0001761312) (Subject)
4 - Palomar Holdings, Inc. (0001761312) (Issuer)
4 - Palomar Holdings, Inc. (0001761312) (Issuer)
4 - Palomar Holdings, Inc. (0001761312) (Issuer)
JP Morgan downgraded Palomar Holdings from Overweight to Neutral and set a new price target of $85.00 from $79.00 previously
Jefferies upgraded Palomar Holdings from Hold to Buy and set a new price target of $88.00 from $78.00 previously
Keefe Bruyette upgraded Palomar Holdings from Mkt Perform to Outperform and set a new price target of $64.00 from $59.00 previously
4 - Palomar Holdings, Inc. (0001761312) (Issuer)
4 - Palomar Holdings, Inc. (0001761312) (Issuer)
4 - Palomar Holdings, Inc. (0001761312) (Issuer)
LA JOLLA, Calif., Aug. 05, 2024 (GLOBE NEWSWIRE) -- Palomar Holdings, Inc. (NASDAQ:PLMR) ("Palomar" or "Company") reported net income of $25.7 million, or $1.00 per diluted share, for the second quarter of 2024 compared to net income of $17.6 million, or $0.69 per diluted share, for the second quarter of 2023. Adjusted net income(1) was $32.0 million, or $1.25 per diluted share, for the second quarter of 2024 as compared to $21.8 million, or $0.86 per diluted share, for the second quarter of 2023. Second Quarter 2024 Highlights Gross written premiums increased by 40.4% to $385.2 million compared to $274.3 million in the second quarter of 2023Net income of $25.7 million, compared
LA JOLLA, Calif., July 24, 2024 (GLOBE NEWSWIRE) -- Palomar Holdings, Inc. (NASDAQ:PLMR) (the "Company") today announced that it will release its second quarter 2024 results after the market close on Monday, August 5, 2024, and will host a conference call at 12:00 p.m. (Eastern Time) the following day, Tuesday, August 6, 2024. The conference call can be accessed live by dialing 1-877-423-9813 or for international callers, 1-201-689-8573, and requesting to be joined to the Palomar Second Quarter 2024 Earnings Conference Call. A replay will be available starting at 4:00 p.m. (Eastern Time) on August 6, 2024, and can be accessed by dialing 1-844-512-2921, or for international callers, 1-412-
LA JOLLA, Calif., May 02, 2024 (GLOBE NEWSWIRE) -- Palomar Holdings, Inc. (NASDAQ:PLMR) ("Palomar" or "Company") reported net income of $26.4 million, or $1.04 per diluted share, for the first quarter of 2024 compared to net income of $17.3 million, or $0.68 per diluted share, for the first quarter of 2023. Adjusted net income(1) was $27.8 million, or $1.09 per diluted share, for the first quarter of 2024 as compared to $20.4 million, or $0.80 per diluted share, for the first quarter of 2023. First Quarter 2024 Highlights Gross written premiums increased by 47.2% to $368.1 million compared to $250.1 million in the first quarter of 2023Net income of $26.4 million, compared to $17.3 millio
8-K - Palomar Holdings, Inc. (0001761312) (Filer)
424B5 - Palomar Holdings, Inc. (0001761312) (Filer)
424B5 - Palomar Holdings, Inc. (0001761312) (Filer)
LA JOLLA, Calif., March 01, 2024 (GLOBE NEWSWIRE) -- Palomar Holdings, Inc. (NASDAQ:PLMR) (the "Company") today announced that Thomas Bradley has been appointed to the Company's Board of Directors on February 28, 2024. During his distinguished career spanning over 30 years, Mr. Bradley has held multiple executive and board level positions with various insurance and reinsurance companies in the public space. Most recently, Mr. Bradley was Executive Chairman and Chief Executive Officer of Argo Group International Holdings, where he led Argo through a review of strategic alternatives which resulted in the sale to Brookfield in 2023. Mr. Bradley also served on Argo's Board of Directors from A
LA JOLLA, Calif. , Jan. 12, 2021 (GLOBE NEWSWIRE) -- Palomar Holdings, Inc. (NASDAQ:PLMR) (“Palomar” or “Company”) today announced that Mark Brose has been appointed Chief Technology Officer. Mr. Brose will report directly to his predecessor, the Company’s Chief Operating Officer, Britt Morries, who assumed the role of Chief Operating Officer on September 1, 2020. “As Palomar continues on its growth trajectory, our focus has been on strengthening our leadership team,” commented Mac Armstrong, Chairman and Chief Executive Officer. “Mark brings over 25 years of creating and, more importantly, leading high-performing software engineering and technical operation teams. This essential understa
~ Expands Depth of Senior Leadership Team ~ LA JOLLA, Calif., Nov. 30, 2020 (GLOBE NEWSWIRE) -- Palomar Holdings, Inc. (NASDAQ:PLMR) (“Palomar” or “Company”), today announced that Angela Grant has been appointed Chief Legal Officer, effective immediately. Ms. Grant has over 30 years of operational and legal experience in the insurance industry and will oversee all in-house and corporate counsel duties. Ms. Grant will also play a prominent role in regulatory, compliance and strategic matters. “Angela brings tremendous experience and insight to Palomar’s executive leadership group,” commented Mac Armstrong, Chairman and Chief Executive Officer. “As we expand our team, I am impressed not on
LA JOLLA, Calif., Sept. 09, 2024 (GLOBE NEWSWIRE) -- Palomar Holdings, Inc. (NASDAQ:PLMR) (the "Company") today announced that David Sapia has been appointed Executive Vice President, Head of E&S Casualty, effective September 9, 2024. David Sapia offers over 30 years of extensive expertise in casualty underwriting and field management, with a specialized focus on the E&S market. His experience in reinsurance and strategic casualty leadership equips him with a unique skill set to drive the expansion of the Company's casualty franchise. Mr. Sapia will spearhead the development of an E&S casualty division, support the existing casualty operations, and identify additional opportunities for pr
LA JOLLA, Calif., Aug. 27, 2024 (GLOBE NEWSWIRE) -- Palomar Holdings, Inc. (NASDAQ:PLMR) ("Palomar") today announced that Mac Armstrong, Chairman and Chief Executive Officer, and Chris Uchida, Chief Financial Officer, will participate in a fireside chat at the KBW Insurance Conference on Thursday, September 5, 2024 at 10:35 am ET. Management will also be available for one-on-one and small group meetings with investors. Interested investors and other parties can access a live webcast of the presentation by visiting the Investor Relations section of Palomar's website at https://ir.palomarspecialty.com/. An online replay will be available on the same website following the presentation. Manag
LA JOLLA, Calif., Aug. 08, 2024 (GLOBE NEWSWIRE) -- Palomar Holdings, Inc. ("Palomar" or the "Company") today announced the pricing of its previously announced underwritten public offering (the "Offering) of 1,200,000 shares of Palomar's common stock, par value $0.0001 per share (the "Common Stock"), at a public offering price of $88.00 per share. In addition, the underwriters have been granted a 30-day option to purchase up to 180,000 additional shares of Common Stock from the Company at the public offering price, less underwriting discounts and commissions. The Company intends to use the net proceeds that it will receive from the offering for general corporate purposes, including usin