Palomar Holdings, Inc.
NasdaqGS:PLMR Stock Report
Palomar Holdings Past Earnings Performance Palomar Holdings has been growing earnings at an average annual rate of 38.6%, while the Insurance industry saw earnings growing at 12.4% annually. Revenues have been growing at an average rate of 27.6% per year. Palomar Holdings's return on equity is 15.4%, and it has net margins of 21.6%.
Key information
38.6%
Earnings growth rate
Insurance Industry Growth 8.0% Revenue growth rate 27.6% Return on equity 15.4% Net Margin 21.6% Last Earnings Update 30 Sep 2024
Recent past performance updates
Third quarter 2024 earnings: EPS and revenues exceed analyst expectations Nov 05
Palomar Holdings, Inc. to Report Q3, 2024 Results on Nov 04, 2024 Oct 29
Second quarter 2024 earnings: EPS and revenues exceed analyst expectations Aug 06
Palomar Holdings, Inc. to Report Q2, 2024 Results on Aug 05, 2024 Jul 25
First quarter 2024 earnings: EPS and revenues exceed analyst expectations May 03
Palomar Holdings, Inc. to Report Q1, 2024 Results on May 02, 2024 Apr 24
Show all updates
Insider notifies of intention to sell stock Nov 11
Palomar Holdings, Inc. Appoints Benson Latham EVP, Head of Crop Nov 08
Third quarter 2024 earnings: EPS and revenues exceed analyst expectations Nov 05
Palomar Holdings, Inc. to Report Q3, 2024 Results on Nov 04, 2024 Oct 29
Founder recently sold US$674k worth of stock Oct 23
Founder recently sold US$668k worth of stock Sep 26
Palomar Holdings, Inc.'s (NASDAQ:PLMR) Earnings Haven't Escaped The Attention Of Investors Sep 13
Palomar Holdings, Inc. Announces Appointment of David Sapia as Executive Vice President, Head of E&S Casualty Sep 12
President notifies of intention to sell stock Sep 09
Founder recently sold US$659k worth of stock Aug 25
Price target increased by 8.7% to US$104 Aug 13 Palomar Holdings, Inc. has filed a Follow-on Equity Offering in the amount of $105.6 million. Aug 10
New minor risk - Shareholder dilution Aug 09 Palomar Holdings, Inc. has completed a Follow-on Equity Offering in the amount of $105.6 million.
Second quarter 2024 earnings: EPS and revenues exceed analyst expectations Aug 06
Insufficient new directors Aug 01
Palomar Holdings, Inc. to Report Q2, 2024 Results on Aug 05, 2024 Jul 25
Founder recently sold US$1.1m worth of stock Jul 21
Founder notifies of intention to sell stock Jul 15
Here's Why We Think Palomar Holdings (NASDAQ:PLMR) Might Deserve Your Attention Today Jul 14
Founder recently sold US$550k worth of stock Jun 23
Palomar Holdings, Inc. Announces Executive Changes Jun 21
Market Participants Recognise Palomar Holdings, Inc.'s (NASDAQ:PLMR) Earnings Jun 14
Price target increased by 7.1% to US$95.00 May 29
Founder recently sold US$580k worth of stock May 22
Palomar: Above-Expectations Q1 Results Point To A Positive Outlook May 06
First quarter 2024 earnings: EPS and revenues exceed analyst expectations May 03
Founder recently sold US$560k worth of stock Apr 25
Palomar Holdings, Inc. to Report Q1, 2024 Results on May 02, 2024 Apr 24
Founder notifies of intention to sell stock Apr 24
Financial Stock On The Move: Palomar Holdings (SA Quant) Apr 15
Palomar Holdings, Inc., Annual General Meeting, May 23, 2024 Apr 12
Is Now The Time To Put Palomar Holdings (NASDAQ:PLMR) On Your Watchlist? Apr 03
Founder recently sold US$578k worth of stock Mar 26
President recently sold US$821k worth of stock Mar 20
Chief Financial Officer notifies of intention to sell stock Mar 13
Founder recently sold US$530k worth of stock Mar 06
Founder notifies of intention to sell stock Mar 03
Palomar Holdings, Inc. Appoints Thomas Bradley to Board of Directors, Enterprise Risk Management Committee and Audit Committee Mar 02
After Leaping 26% Palomar Holdings, Inc. (NASDAQ:PLMR) Shares Are Not Flying Under The Radar Feb 24
Palomar: Positive Guidance Isn't Fully Priced In Feb 20
Full year 2023 earnings: EPS and revenues exceed analyst expectations Feb 16
Investor sentiment improves as stock rises 23% Feb 15
Palomar Holdings, Inc. to Report Q4, 2023 Results on Feb 14, 2024 Feb 08
Palomar Holdings, Inc. Announces Resignation of Michelle Johnson as Chief People & Productivity Officer, Effective February 2, 2024 Jan 27
Founder notifies of intention to sell stock Jan 26
Investors Interested In Palomar Holdings, Inc.'s (NASDAQ:PLMR) Earnings Jan 05
Do Palomar Holdings' (NASDAQ:PLMR) Earnings Warrant Your Attention? Dec 09
Chief Financial Officer notifies of intention to sell stock Nov 29
President notifies of intention to sell stock Nov 16
Chief Financial Officer notifies of intention to sell stock Nov 05
Third quarter 2023 earnings: EPS exceeds analyst expectations Nov 02
Palomar Holdings, Inc. to Report Q3, 2023 Results on Nov 01, 2023 Oct 25
Founder recently sold US$4.6m worth of stock Aug 11
Founder notifies of intention to sell stock Aug 09
Second quarter 2023 earnings: EPS and revenues miss analyst expectations Aug 04
Palomar Holdings, Inc. to Report Q2, 2023 Results on Aug 02, 2023 Jul 26
With EPS Growth And More, Palomar Holdings (NASDAQ:PLMR) Makes An Interesting Case Jul 22
Now 20% undervalued Jul 01
Now 20% undervalued Jun 14
President notifies of intention to sell stock Jun 12
Investor sentiment improves as stock rises 15% Jun 06
Chief Financial Officer notifies of intention to sell stock Jun 04
Insufficient new directors Jun 02
First quarter 2023 earnings: EPS exceeds analyst expectations while revenues lag behind May 05
Now 20% undervalued after recent price drop Mar 01
President notifies of intention to sell stock Feb 27
Investor sentiment improves as stock rises 18% Feb 22
Chief Financial Officer exercised options and sold US$80k worth of stock Feb 19
Full year 2022 earnings: EPS exceeds analyst expectations Feb 17
Palomar Holdings, Inc. to Report Q4, 2022 Results on Feb 15, 2023 Feb 09
Founder exercised options and sold US$144k worth of stock Feb 02
Price target decreased to US$60.00 Jan 20 Palomar Holdings, Inc. Provides Catastrophe Earnings Guidance for the Third Quarter of 2022
Palomar estimates $12.5M loss from Hurricane Ian for Q3 Oct 20
President recently sold US$559k worth of stock Oct 19
Now 21% undervalued Sep 30
Here's Why Palomar Holdings (NASDAQ:PLMR) Has Caught The Eye Of Investors Sep 23
Price target increased to US$84.57 Sep 22
Chief Financial Officer exercised options and sold US$70k worth of stock Sep 17
Now 21% undervalued Sep 09
Chief Financial Officer notifies of intention to sell stock Aug 19
President recently sold US$294k worth of stock Aug 13
Founder notifies of intention to sell stock Aug 08
Second quarter 2022 earnings: EPS and revenues miss analyst expectations Aug 04
Palomar Holdings, Inc. to Report Q2, 2022 Results on Aug 03, 2022 Jul 26
Chief Financial Officer notifies of intention to sell stock Jul 24
Do Palomar Holdings' (NASDAQ:PLMR) Earnings Warrant Your Attention? Jun 20
Investor sentiment deteriorated over the past week Jun 16
First quarter 2022 earnings: EPS exceeds analyst expectations May 06
Palomar Holdings, Inc., Annual General Meeting, May 26, 2022 Apr 15
Investor sentiment improved over the past week Mar 01
Revenue & Expenses Breakdown
How Palomar Holdings makes and spends money. Based on latest reported earnings, on an LTM basis.
Earnings and Revenue History NasdaqGS:PLMR Revenue, expenses and earnings (USD Millions) Date Revenue Earnings G+A Expenses R&D Expenses 30 Sep 24 503 109 16 0 30 Jun 24 446 96 16 0 31 Mar 24 405 88 15 0 31 Dec 23 376 79 15 0 30 Sep 23 359 72 14 0 30 Jun 23 349 58 13 0 31 Mar 23 338 55 12 0 31 Dec 22 327 52 12 0 30 Sep 22 312 50 11 0 30 Jun 22 299 46 9 0 31 Mar 22 277 44 7 0 31 Dec 21 248 46 6 0 30 Sep 21 217 27 4 0 30 Jun 21 194 11 3 0 31 Mar 21 180 11 3 0 31 Dec 20 168 6 2 0 30 Sep 20 161 19 2 0 30 Jun 20 146 42 2 0 31 Mar 20 129 37 25 0 31 Dec 19 113 11 24 0 30 Sep 19 94 4 24 0 30 Jun 19 83 -2 23 0 31 Mar 19 77 -2 0 0 31 Dec 18 73 18 0 0 31 Dec 17 59 4 0 0 31 Dec 16 43 7 0 0
Quality Earnings: PLMR has high quality earnings .
Growing Profit Margin: PLMR's current net profit margins (21.6%) are higher than last year (20.1%).
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: PLMR's earnings have grown significantly by 38.6% per year over the past 5 years.
Accelerating Growth: PLMR's earnings growth over the past year (50.6%) exceeds its 5-year average (38.6% per year).
Earnings vs Industry: PLMR earnings growth over the past year (50.6%) exceeded the Insurance industry 33.2%.
Return on Equity
High ROE: PLMR's Return on Equity (15.4%) is considered low .
Return on Capital Employed
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