WallStreetZenWallStreetZen

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

OverviewForecast
EarningsDividendOwnership

Analyst price target for PLMR

Based on 6 analysts offering 12 month price targets for Palomar Holdings Inc.
Min Forecast
$52.00-0.02%
Avg Forecast
$82.00+57.66%
Max Forecast
$105.00+101.88%

Should I buy or sell PLMR stock?

Based on 8 analysts offering ratings for Palomar Holdings Inc.
Strong Buy
Strong Buy
5 analysts 62.5%
Buy
1 analysts 12.5%
Hold
2 analysts 25%
Sell
0 analysts 0%
Strong Sell
0 analysts 0%

Be the first to know when Wall Street analysts revise their PLMR stock forecasts and price targets.

PLMR stock forecasts by analyst

Analyst / FirmRatingActionPrice TargetUpside/DownsideDateAnalyst Color
Evercore ISI Group
Top 32%
69
HoldDowngrades$52.00-2.91%2023-01-10
Piper Sandler
Bottom 14%
14
Strong BuyMaintains$64.00+19.49%2022-12-19
Jefferies
HoldInitiates Coverage On$55.00+2.69%2022-12-12
Barclays
Top 18%
83
Strong BuyMaintains$93.00+73.64%2022-11-07
JP Morgan
Bottom 31%
31
Strong BuyMaintains$90.00+68.04%2022-11-03
JMP Securities
Top 23%
78
HoldDowngradesN/AN/A2022-10-18
Truist Securities
Top 4%
97
Strong BuyMaintains$105.00+96.04%2022-09-22Find out why
Keefe, Bruyette & Woods
Top 17%
84
BuyMaintains$88.00+64.30%2022-08-08
Piper Sandler
Top 4%
97
Strong BuyUpgradesN/AN/A2022-06-22

1 of 1

Forecast return on equity

Is PLMR forecast to generate an efficient return?
Company
N/A
Industry
20.57%
Market
57.51%

Forecast return on assets

Is PLMR forecast to generate an efficient return on assets?
Company
N/A
Industry
3.33%

PLMR earnings per share forecast

What is PLMR's earnings per share in the next 2 years based on estimates from 4 analysts?
Avg 1 year Forecast
$3.85+95.43%
Avg 2 year Forecast
$4.49+127.92%
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
$478.6M+53.59%
Avg 2 year Forecast
$614.7M+97.27%
Avg 3 year Forecast
$766.3M+145.91%
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
50.97%
Industry
10.23%
Market
27.21%
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
41.11%
Industry
11.31%
Market
11.03%
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$53.56$82.00+53.10%Strong Buy
STC$51.51$75.00+45.60%Strong Buy
SAFT$88.27N/AN/AHold
LMND$18.36$23.50+28.00%Hold
HMN$36.30$38.00+4.68%Hold
View Top Property & Casualty Insurance Stocks

Palomar Holdings Stock Forecast FAQ

Is Palomar Holdings Stock a good buy in 2023, according to Wall Street analysts?

The consensus among 8 Wall Street analysts covering (NASDAQ: PLMR) stock is to Strong Buy PLMR stock.

Out of 8 analysts, 5 (62.5%) are recommending PLMR as a Strong Buy, 1 (12.5%) are recommending PLMR as a Buy, 2 (25%) 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 2023-2024?

(NASDAQ: PLMR) Palomar Holdings's forecast annual earnings growth rate of 50.97% is forecast to beat the US Insurance - Property & Casualty industry's average forecast earnings growth rate of 10.23%, and and it is also forecast to beat the US market's average forecast earnings growth rate of 27.21%.

Palomar Holdings's earnings in 2023 is $50,044,000.On average, 4 Wall Street analysts forecast PLMR's earnings for 2023 to be $97,146,034, with the lowest PLMR earnings forecast at $93,361,123, and the highest PLMR earnings forecast at $102,192,581.

In 2024, PLMR is forecast to generate $113,294,985 in earnings, with the lowest earnings forecast at $113,294,985 and the highest earnings forecast at $113,294,985.

What is PLMR's revenue growth forecast for 2023-2025?

(NASDAQ: PLMR) Palomar Holdings's forecast annual revenue growth rate of 41.11% is forecast to beat the US Insurance - Property & Casualty industry's average forecast revenue growth rate of 11.31%, and and it is also forecast to beat the US market's average forecast revenue growth rate of 11.03%.

Palomar Holdings's revenue in 2023 is $311,633,000.On average, 3 Wall Street analysts forecast PLMR's revenue for 2023 to be $12,077,043,501, with the lowest PLMR revenue forecast at $11,132,683,123, and the highest PLMR revenue forecast at $13,720,249,735. On average, 1 Wall Street analysts forecast PLMR's revenue for 2024 to be $15,511,748,758, with the lowest PLMR revenue forecast at $15,511,748,758, and the highest PLMR revenue forecast at $15,511,748,758.

In 2025, PLMR is forecast to generate $19,337,056,768 in revenue, with the lowest revenue forecast at $19,337,056,768 and the highest revenue forecast at $19,337,056,768.

What is PLMR's forecast return on assets (ROA) for 2023-2025?

(NASDAQ: PLMR) forecast ROA is N/A, which is lower than the forecast US Insurance - Property & Casualty industry average of 3.33%.

What is PLMR's Price Target?

According to 6 Wall Street analysts that have issued a 1 year PLMR price target, the average PLMR price target is $82.00, with the highest PLMR stock price forecast at $105.00 and the lowest PLMR stock price forecast at $52.00.

On average, Wall Street analysts predict that Palomar Holdings's share price could reach $82.00 by Jan 10, 2024. The average Palomar Holdings stock price prediction forecasts a potential upside of 53.1% from the current PLMR share price of $53.56.

What is PLMR's Earnings Per Share (EPS) forecast for 2023-2024?

(NASDAQ: PLMR) Palomar Holdings's current Earnings Per Share (EPS) is $1.97. 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 2023-2025?

(NASDAQ: PLMR) forecast ROE is N/A, which is considered weak.
©2023 WallStreetZen
Company
AboutBlogStock Investing FAQPlansPrivacy PolicyTerms of ServiceCancellation & RefundsHelp GuidesContactTwitterYouTube
Stock Tools
Top Performing AnalystsStock ScreenerStock ForecastTrending StocksStrong Buy StocksHighest Earnings StocksBest Dividend Paying StocksStatisticsStock Market SectorsStock Market IndustriesHow to Buy Stocks Online
Stock Ideas
Buy The DipBiggest Stock Gainers TodayBiggest Stock Losers Today52 Week High Stocks52 Week Low StocksMost Active Stocks TodayMost Undervalued StocksBest Penny Stocks to Buy NowBest Stocks Under $5Best Stocks Under $10
WallStreetZen does not provide financial advice and does not issue recommendations or offers to buy stock or sell any security.

Information is provided 'as-is' and solely for informational purposes and is not advice. WallStreetZen does not bear any responsibility for any losses or damage that may occur as a result of reliance on this data.