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

Analyst price target for PLMR

Based on 6 analysts offering 12 month price targets for Palomar Holdings Inc.
Min Forecast
$85.00+7.3%
Avg Forecast
$87.50+10.45%
Max Forecast
$89.00+12.35%

Should I buy or sell PLMR stock?

Based on 6 analysts offering ratings for Palomar Holdings Inc.
Buy
Strong Buy
3 analysts 50%
Buy
1 analysts 16.67%
Hold
2 analysts 33.33%
Sell
0 analysts 0%
Strong Sell
0 analysts 0%

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PLMR stock forecasts by analyst

Analyst / FirmRatingActionPrice TargetUpside/DownsideDateAnalyst Color
lockedlocked$00.00+00.00%2024-04-11
lockedlocked$00.00+00.00%2024-04-10
lockedlocked$00.00+00.00%2024-04-08
lockedlocked$00.00+00.00%2024-04-01Find Out Why
lockedlocked$00.00+00.00%2024-03-14
Truist Securities
Top 2%
99
Strong BuyMaintains$88.00+11.08%2024-02-16Find out why

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Forecast return on equity

Is PLMR forecast to generate an efficient return?
Company
N/A
Industry
2.51%
Market
20.03%

Forecast return on assets

Is PLMR forecast to generate an efficient return on assets?
Company
N/A
Industry
0.49%

PLMR revenue forecast

What is PLMR's revenue in the next 3 years based on estimates from 6 analysts?
Avg 1 year Forecast
$466.2M+24.02%
Avg 2 year Forecast
$577.2M+53.54%
Avg 3 year Forecast
$673.4M+79.13%
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
34.72%
Industry
-0.06%
Market
28.75%
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
23.46%
Industry
9.86%
Market
9.2%
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$79.22$87.50+10.45%Buy
STC$60.52$69.33+14.56%Strong Buy
HMN$36.36$39.50+8.64%Buy
SKWD$36.24$41.71+15.10%Strong Buy
SAFT$81.98N/AN/A

Palomar Holdings Stock Forecast FAQ

Is Palomar Holdings Stock a good buy in 2024, according to Wall Street analysts?

The consensus among 6 Wall Street analysts covering (NASDAQ: PLMR) stock is to Buy PLMR stock.

Out of 6 analysts, 3 (50%) are recommending PLMR as a Strong Buy, 1 (16.67%) are recommending PLMR as a Buy, 2 (33.33%) 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 revenue growth forecast for 2024-2026?

(NASDAQ: PLMR) Palomar Holdings's forecast annual revenue growth rate of 23.46% is forecast to beat the US Insurance - Property & Casualty industry's average forecast revenue growth rate of 9.86%, and it is also forecast to beat the US market's average forecast revenue growth rate of 9.2%.

Palomar Holdings's revenue in 2024 is $375,926,000.On average, 6 Wall Street analysts forecast PLMR's revenue for 2024 to be $11,594,652,116, with the lowest PLMR revenue forecast at $11,177,824,483, and the highest PLMR revenue forecast at $12,485,182,556. On average, 6 Wall Street analysts forecast PLMR's revenue for 2025 to be $14,354,229,604, with the lowest PLMR revenue forecast at $13,723,405,087, and the highest PLMR revenue forecast at $15,773,099,825.

In 2026, PLMR is forecast to generate $16,746,965,949 in revenue, with the lowest revenue forecast at $16,219,496,580 and the highest revenue forecast at $17,098,114,817.

What is PLMR's forecast return on assets (ROA) for 2024-2026?

(NASDAQ: PLMR) forecast ROA is N/A, which is lower than the forecast US Insurance - Property & Casualty industry average of 0.49%.

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 $87.50, with the highest PLMR stock price forecast at $89.00 and the lowest PLMR stock price forecast at $85.00.

On average, Wall Street analysts predict that Palomar Holdings's share price could reach $87.50 by Apr 11, 2025. The average Palomar Holdings stock price prediction forecasts a potential upside of 10.45% from the current PLMR share price of $79.22.

What is PLMR's forecast return on equity (ROE) for 2024-2026?

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