Palomar (PLMR) Set to Release Earnings on Wednesday

Palomar (NASDAQ:PLMR) is expected to post its Q3 2026 results after the market closes on Wednesday, November 4th. Analysts expect Palomar to post earnings of $2.56 per share and revenue of $754.28 million for the quarter. Interested persons may visit the company’s upcoming Q3 2026 earnings report page for the latest details on the call scheduled for Thursday, November 5, 2026 at 12:00 PM ET.

Palomar (NASDAQ:PLMR) last announced its earnings results on Tuesday, August 4th. The company reported $2.36 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $2.19 by $0.17. Palomar had a return on equity of 23.28% and a net margin of 18.61%. The business had revenue of $314.42 million for the quarter, compared to analyst estimates of $621.52 million. During the same period in the previous year, the company earned $1.76 earnings per share. On average, analysts expect Palomar to post $9.27 EPS for the current fiscal year and $10.53 EPS for the next fiscal year.

Palomar Trading Up 3.3%

NASDAQ:PLMR opened at $145.02 on Tuesday. The company has a debt-to-equity ratio of 0.30, a quick ratio of 0.50 and a current ratio of 0.50. Palomar has a one year low of $100.81 and a one year high of $147.62. The business’s 50-day simple moving average is $133.56 and its 200 day simple moving average is $126.49. The stock has a market cap of $3.82 billion, a price-to-earnings ratio of 16.99 and a beta of 0.35.

Analysts Set New Price Targets

PLMR has been the subject of a number of recent analyst reports. Weiss Ratings lowered Palomar from a “buy (b+)” rating to a “buy (b)” rating in a research note on Friday. Evercore set a $152.00 target price on Palomar in a research report on Friday, July 10th. JPMorgan Chase & Co. cut their target price on Palomar from $167.00 to $156.00 and set an “overweight” rating on the stock in a research report on Friday, October 9th. Zacks Research cut Palomar from a “strong-buy” rating to a “hold” rating in a research note on Thursday, October 29th. Finally, Piper Sandler raised their price target on shares of Palomar from $132.00 to $165.00 and gave the stock an “overweight” rating in a research report on Wednesday, July 15th. Five investment analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the company’s stock. Based on data from MarketBeat, the company presently has an average rating of “Moderate Buy” and an average price target of $160.00.

Insider Activity at Palomar

In related news, President Jon Christianson sold 528 shares of Palomar stock in a transaction dated Tuesday, August 18th. The stock was sold at an average price of $127.75, for a total value of $67,452.00. Following the completion of the transaction, the president directly owned 66,970 shares in the company, valued at approximately $8,555,417.50. This trade represents a 0.78% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Also, CFO T. Christopher Uchida sold 791 shares of the business’s stock in a transaction dated Tuesday, August 18th. The shares were sold at an average price of $127.74, for a total value of $101,042.34. Following the completion of the sale, the chief financial officer directly owned 16,238 shares of the company’s stock, valued at approximately $2,074,242.12. This represents a 4.65% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. The sale was made to cover tax withholding obligations related to the vesting of equity awards. In the last 90 days, insiders have sold 12,115 shares of company stock worth $1,619,923. Company insiders own 3.70% of the company’s stock.

Palomar Company Profile

Palomar Holdings, Inc is a specialty insurance company that provides property and casualty insurance products in markets that may be underserved by traditional insurers. The company focuses on risks that are complex, difficult to place or exposed to natural catastrophes, using specialized underwriting and risk-management capabilities.

Its offerings include residential and commercial earthquake insurance, inland marine coverage, specialty property insurance, casualty products, workers’ compensation and other tailored insurance solutions.