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Palomar was upgraded to the Zacks Rank #1 list on February 19, 2025. The Zacks Rank is a unique stock-rating model that helps you take advantage of earnings estimate revision trends and provides a way to get into stocks highly sought after by institutional investors.
Headquartered in La Jolla, CA, Palomar Holdings, Inc. formerly known as GC Palomar Holdings (GCPH), was officially founded in 2014 by acquiring Palomar Specialty Insurance Company (PSIC) from Pacific Indemnity Company in a stock purchase transaction. Palomar Holdings is an insurance holding company that was incorporated in Delaware in March 2019.
Five analysts revised their earnings estimate upwards in the last 60 days for fiscal 2025. The Zacks Consensus Estimate has increased $0.62 to $6.54 per share. PLMR boasts an average earnings surprise of 16.6%.
Analysts are expecting earnings to grow 28.5% for the current fiscal year, with revenue forecasted to rise 36.2%.
Even more impressive, PLMR has gained in value over the past four weeks, up 17.3% compared to the S&P 500's loss of 1.8%.
With a #1 (Strong Buy) ranking, positive trend in earnings estimate revisions, and strong market momentum, Palomar could be just the stock to help your portfolio generate returns that could fund your retirement, your kids' college tuition, or your short- and long-term savings goals.
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Palomar Holdings, Inc. (PLMR) : Free Stock Analysis Report
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