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NASDAQ: PLMR
Palomar Holdings Inc Stock Forecast, Predictions & Price Target

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OverviewForecast
EarningsDividendOwnership

Analyst price target for PLMR

Based on 4 analysts offering 12 month price targets for Palomar Holdings Inc.
Min Forecast
$80.00-3.98%
Avg Forecast
$89.50+7.42%
Max Forecast
$105.00+26.02%

Should I buy or sell PLMR stock?

Based on 5 analysts offering ratings for Palomar Holdings Inc.
Strong Buy
Strong Buy
3 analysts 60%
Buy
2 analysts 40%
Hold
0 analysts 0%
Sell
0 analysts 0%
Strong Sell
0 analysts 0%

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PLMR stock forecasts by analyst

Analyst / FirmRatingActionPrice TargetUpside/DownsideDateAnalyst Color
Truist Securities
Top 6%
95
Strong BuyMaintains$105.00+26.02%2022-09-22Find out why
Barclays
Top 16%
85
Strong BuyMaintains$80.00-3.98%2022-08-08
Keefe, Bruyette & Woods
Top 13%
88
BuyMaintains$88.00+5.62%2022-08-08
Piper Sandler
Top 4%
97
Strong BuyUpgradesN/AN/A2022-06-22
JMP Securities
Bottom 14%
14
BuyUpgrades$85.00+2.02%2021-12-15

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Forecast return on equity

Is PLMR forecast to generate an efficient return?
Company
N/A
Industry
-11.78%
Market
118.6%

Forecast return on assets

Is PLMR forecast to generate an efficient return on assets?
Company
N/A
Industry
-6.38%

PLMR earnings per share forecast

What is PLMR's earnings per share in the next 3 years based on estimates from 3 analysts?
Avg 1 year Forecast
$3.00+65.75%
Avg 2 year Forecast
$3.85+112.71%
Avg 3 year Forecast
$4.49+148.07%
PLMR's earnings are forecast to... subscribe to Premium to read more.
Forecast High Earnings Growth Forecast

PLMR revenue forecast

What is PLMR's revenue in the next 3 years based on estimates from 3 analysts?
Avg 1 year Forecast
$358.1M+19.92%
Avg 2 year Forecast
$478.6M+60.29%
Avg 3 year Forecast
$614.7M+105.88%
PLMR's revenue is forecast to... subscribe to Premium to read more.
Forecast High Revenue Growth Forecast

PLMR earnings growth forecast

How is PLMR forecast to perform vs Insurance - Property & Casualty companies and vs the US market?
Company
36.27%
Industry
20.59%
Market
16.43%
PLMR's earnings are forecast to... subscribe to Premium to read more.
Forecast Earnings Growth vs Industry Forecast
PLMR's earnings are forecast to... subscribe to Premium to read more.
Forecast Earnings Growth vs Market Forecast
PLMR's earnings are forecast to... subscribe to Premium to read more.
Forecast Earnings Growth vs Savings Rate Forecast

PLMR revenue growth forecast

How is PLMR forecast to perform vs Insurance - Property & Casualty companies and vs the US market?
Company
26.81%
Industry
31.63%
Market
8.46%
PLMR's revenues are forecast to... subscribe to Premium to read more.
Forecast Revenue Growth vs Industry Forecast
PLMR's revenues are forecast to... subscribe to Premium to read more.
Forecast Revenue Growth vs Market Forecast

PLMR vs Property & Casualty Insurance Stocks

TickerPricePrice TargetUp/downsideConsensus
PLMR$83.32$89.50+7.42%Strong Buy
MCY$30.10N/AN/AStrong Sell
NMIH$19.60$27.63+40.94%Buy
HMN$36.32$42.00+15.64%Strong Buy
LMND$21.49$48.71+126.68%Hold
View Top Property & Casualty Insurance Stocks

Palomar Holdings Stock Forecast FAQ

Is Palomar Holdings Stock a good buy in 2022, according to Wall Street analysts?

The consensus among 5 Wall Street analysts covering (NASDAQ: PLMR) stock is to Strong Buy PLMR stock.

Out of 5 analysts, 3 (60%) are recommending PLMR as a Strong Buy, 2 (40%) are recommending PLMR as a Buy, 0 (0%) are recommending PLMR as a Hold, 0 (0%) are recommending PLMR as a Sell, and 0 (0%) are recommending PLMR as a Strong Sell.

If you're new to stock investing, here's how to buy Palomar Holdings stock.

What is PLMR's earnings growth forecast for 2022-2024?

(NASDAQ: PLMR) Palomar Holdings's forecast annual earnings growth rate of 36.27% is forecast to beat the US Insurance - Property & Casualty industry's average forecast earnings growth rate of 20.59%, and and it is also forecast to beat the US market's average forecast earnings growth rate of 16.43%.

Palomar Holdings's earnings in 2022 is $46,004,000.On average, 3 Wall Street analysts forecast PLMR's earnings for 2022 to be $75,738,369, with the lowest PLMR earnings forecast at $73,971,140, and the highest PLMR earnings forecast at $78,515,443. On average, 4 Wall Street analysts forecast PLMR's earnings for 2023 to be $97,197,574, with the lowest PLMR earnings forecast at $93,410,655, and the highest PLMR earnings forecast at $102,246,798.

In 2024, PLMR is forecast to generate $113,355,092 in earnings, with the lowest earnings forecast at $113,355,092 and the highest earnings forecast at $113,355,092.

What is PLMR's revenue growth forecast for 2022-2024?

(NASDAQ: PLMR) Palomar Holdings's forecast annual revenue growth rate of 26.81% is not forecast to beat the US Insurance - Property & Casualty industry's average forecast revenue growth rate of 31.63%, and while it is forecast to beat the US market's average forecast revenue growth rate of 8.46%.

Palomar Holdings's revenue in 2022 is $298,602,000.On average, 3 Wall Street analysts forecast PLMR's revenue for 2022 to be $9,040,434,677, with the lowest PLMR revenue forecast at $8,530,664,962, and the highest PLMR revenue forecast at $9,693,930,571. On average, 3 Wall Street analysts forecast PLMR's revenue for 2023 to be $12,083,450,867, with the lowest PLMR revenue forecast at $11,138,589,468, and the highest PLMR revenue forecast at $13,727,528,889.

In 2024, PLMR is forecast to generate $15,519,978,376 in revenue, with the lowest revenue forecast at $15,519,978,376 and the highest revenue forecast at $15,519,978,376.

What is PLMR's forecast return on assets (ROA) for 2022-2025?

(NASDAQ: PLMR) forecast ROA is N/A, which is lower than the forecast US Insurance - Property & Casualty industry average of -6.38%.

What is PLMR's Price Target?

According to 4 Wall Street analysts that have issued a 1 year PLMR price target, the average PLMR price target is $89.50, with the highest PLMR stock price forecast at $105.00 and the lowest PLMR stock price forecast at $80.00.

On average, Wall Street analysts predict that Palomar Holdings's share price could reach $89.50 by Sep 22, 2023. The average Palomar Holdings stock price prediction forecasts a potential upside of 7.42% from the current PLMR share price of $83.32.

What is PLMR's Earnings Per Share (EPS) forecast for 2022-2024?

(NASDAQ: PLMR) Palomar Holdings's current Earnings Per Share (EPS) is $1.81. On average, analysts forecast that PLMR's EPS will be $3.00 for 2022, with the lowest EPS forecast at $2.93, and the highest EPS forecast at $3.11. On average, analysts forecast that PLMR's EPS will be $3.85 for 2023, with the lowest EPS forecast at $3.70, and the highest EPS forecast at $4.05. In 2024, PLMR's EPS is forecast to hit $4.49 (min: $4.49, max: $4.49).

What is PLMR's forecast return on equity (ROE) for 2022-2025?

(NASDAQ: PLMR) forecast ROE is N/A, which is considered weak.
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