Palomar (PLMR) Projected to Announce Earnings on Wednesday

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

Palomar (NASDAQ:PLMR – Get Free Report) last announced its earnings results on Tuesday, August 4th. The company reported $2.36 earnings per share for the quarter, beating 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 company had revenue of $314.42 million during the quarter, compared to analyst estimates of $621.52 million. During the same period last year, the company posted $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 Stock Performance

Palomar stock opened at $140.32 on Monday. The stock has a 50-day simple moving average of $133.26 and a 200 day simple moving average of $126.41. The company has a quick ratio of 0.50, a current ratio of 0.50 and a debt-to-equity ratio of 0.30. Palomar has a 12-month low of $100.81 and a 12-month high of $147.62. The stock has a market capitalization of $3.69 billion, a price-to-earnings ratio of 18.86 and a beta of 0.28.

Insider Transactions at Palomar

In other Palomar news, CEO Mac Armstrong sold 3,500 shares of the business’s stock in a transaction dated Wednesday, October 21st. The stock was sold at an average price of $138.31, for a total transaction of $484,085.00. Following the completion of the sale, the chief executive officer directly owned 315,388 shares of the company’s stock, valued at approximately $43,621,314.28. The trade was a 1.10% decrease in their position. The sale was disclosed in a document filed with the SEC, which can be accessed through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, President Jon Christianson sold 528 shares of the company’s stock in a transaction dated Tuesday, August 18th. The shares were sold at an average price of $127.75, for a total transaction of $67,452.00. Following the transaction, the president owned 66,970 shares in the company, valued at approximately $8,555,417.50. The trade was a 0.78% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Over the last quarter, insiders sold 12,115 shares of company stock valued at $1,619,923. 3.70% of the stock is owned by company insiders.

Analyst Upgrades and Downgrades

PLMR has been the subject of several research reports. JPMorgan Chase & Co. lowered their price objective on shares of Palomar from $167.00 to $156.00 and set an “overweight” rating for the company in a research report on Friday, October 9th. Piper Sandler upped their target price 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. Zacks Research cut shares of Palomar from a “strong-buy” rating to a “hold” rating in a research note on Thursday. Keefe, Bruyette & Woods raised their price target on shares of Palomar from $166.00 to $167.00 and gave the company an “outperform” rating in a report on Monday, August 10th. Finally, Weiss Ratings lowered shares of Palomar from a “buy (b+)” rating to a “buy (b)” rating in a report on Friday. Five research analysts have rated the stock with a Buy rating and one has given a Hold rating to the company’s stock. According to data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and an average price target of $160.00.

Read Our Latest Research Report on Palomar

Palomar Company Profile

(Get Free Report)

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.

See Also

Earnings History for Palomar (NASDAQ:PLMR)

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