Palomar (PLMR) Set to Announce Earnings on Monday

Share on StockTwits

Palomar (NASDAQ:PLMR) is scheduled to post its quarterly earnings results after the market closes on Monday, August 12th. Analysts expect Palomar to post earnings of $0.30 per share for the quarter.

Palomar (NASDAQ:PLMR) last released its earnings results on Thursday, May 16th. The company reported $0.52 earnings per share for the quarter, topping the Thomson Reuters’ consensus estimate of $0.40 by $0.12. The business had revenue of $22.31 million for the quarter, compared to analysts’ expectations of $16.85 million. On average, analysts expect Palomar to post $2 EPS for the current fiscal year and $2 EPS for the next fiscal year.

Shares of NASDAQ:PLMR opened at $28.75 on Monday. The company has a quick ratio of 0.39, a current ratio of 0.39 and a debt-to-equity ratio of 0.19. The stock’s 50-day moving average price is $25.33. Palomar has a 12 month low of $18.06 and a 12 month high of $29.50.

Several equities research analysts have commented on PLMR shares. Barclays started coverage on Palomar in a research note on Monday, May 13th. They set an “equal weight” rating and a $20.00 price target for the company. Zacks Investment Research lowered Palomar from a “buy” rating to a “hold” rating in a research note on Thursday, July 18th. Keefe, Bruyette & Woods started coverage on Palomar in a research note on Sunday, May 12th. They set an “outperform” rating and a $24.00 price target for the company. SunTrust Banks started coverage on Palomar in a research note on Monday, May 13th. They set a “buy” rating and a $27.00 price target for the company. Finally, William Blair started coverage on Palomar in a research note on Tuesday, May 14th. They set an “outperform” rating for the company. Two equities research analysts have rated the stock with a hold rating and five have given a buy rating to the company’s stock. The stock presently has a consensus rating of “Buy” and a consensus target price of $25.40.

About Palomar

There is no company description available for Palomar Holdings Inc

See Also: What is a death cross?

Receive News & Ratings for Palomar Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Palomar and related companies with MarketBeat.com's FREE daily email newsletter.



Latest News

Lido Advisors LLC Takes $230,000 Position in ISHARES TR/CORE DIVID GR ETF
Lido Advisors LLC Takes $230,000 Position in ISHARES TR/CORE DIVID GR ETF
Energy Income Partners LLC Buys 39,795 Shares of Mplx Lp
Energy Income Partners LLC Buys 39,795 Shares of Mplx Lp
Chesapeake Utilities Co.  Stock Position Decreased by Energy Income Partners LLC
Chesapeake Utilities Co. Stock Position Decreased by Energy Income Partners LLC
Family Management Corp Sells 4,840 Shares of Nuveen Municipal Value Fund Inc
Family Management Corp Sells 4,840 Shares of Nuveen Municipal Value Fund Inc
Energy Income Partners LLC Sells 21,934 Shares of IDACORP Inc
Energy Income Partners LLC Sells 21,934 Shares of IDACORP Inc
PGIM Global Short Duration Hgh Yd Fd Inc  Shares Bought by Family Management Corp
PGIM Global Short Duration Hgh Yd Fd Inc Shares Bought by Family Management Corp


© 2006-2019 Ticker Report