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Palomar (PLMR) Stock Forecast, Price Target & Predictions

OverviewRevenueOwnershipFinancialsChartTranscripts

PLMR Stock Forecast

Palomar (PLMR) stock forecast, based on 10 Wall Street analysts, predicts a 12-month average price target of $119.00, with a high of $119.00 and a low of $119.00. This represents a -20.56% decline from the last price of $149.79.

- $30 $60 $90 $120 $150 High: $119 Avg: $119 Low: $119 Last Closed Price: $149.79

PLMR Stock Rating

Palomar stock's rating consensus is Buy, based on 10 Wall Street analysts. The breakdown includes 0 Strong Buy (0.00%), 9 Buy (90.00%), 1 Hold (10.00%), 0 Sell (0.00%), and 0 Strong Sell (0.00%).

Buy
Total 10 0 1 9 Strong Sell Sell Hold Buy Strong Buy

PLMR Price Target Upside V Benchmarks

TypeNameUpside
StockPalomar-20.56%
IndustryProperty & Casualty Insurance Stocks5.91%

Price Target Trends

1M3M12M
# Anlaysts--5
Avg Price Target--$99.40
Last Closing Price$149.79$149.79$149.79
Upside/Downside---33.64%
Ratings Trends
DateStrong BuyBuyHoldSellStrong SellTotal
Apr, 25233--8
Mar, 25233--8
Feb, 25233--8
Jan, 25233--8
Dec, 24233--8
Analyst Price Target Forecasts
DateAnalystCompanyPrice TargetPrice when PublishedPrice Target/Price when PublishedPrice Target/Last Closing Price
Dec 09, 2024Paul NewsomePiper Sandler$119.00$109.748.44%-20.56%
May 29, 2024Nicole Miller ReganPiper Sandler$99.00$83.3718.75%-33.91%
May 29, 2024Mark HughesTruist Financial$100.00$81.1723.20%-33.24%
May 29, 2024David MotemadenEvercore ISI$89.00$81.179.65%-40.58%
May 06, 2024Nicole Miller ReganPiper Sandler$90.00$80.8211.36%-39.92%
Mar 14, 2024Andrew AndersenJefferies$88.00$82.856.22%-41.25%
Analyst Rating Forecasts
DateCompanyPrevious RatingNew RatingRating Change
Dec 09, 2024Piper SandlerOverweightOverweighthold
Oct 09, 2024JefferiesBuyBuyhold
May 29, 2024Keefe, Bruyette & WoodsOutperformOutperformhold
May 29, 2024Piper SandlerOverweightOverweighthold
May 29, 2024Evercore ISIPositivePositivehold
May 06, 2024Piper SandlerOverweightOverweighthold
Apr 01, 2024Piper SandlerOverweightOverweighthold
May 16, 2023Keefe, Bruyette & WoodsOutperformupgrade
Oct 12, 2022Keefe Bruyette & WoodsMarket Performdowngrade
Jun 22, 2022Piper SandlerOverweightupgrade

Financial Forecast

EPS Forecast

$0 $2 $4 $6 $8 $10 Dec 20 Dec 21 Dec 22 Dec 23 Dec 24 Dec 25 Dec 26 Dec 27
Dec 20Dec 21Dec 22Dec 23Dec 24Dec 25Dec 26Dec 27
Reported$0.25$1.80$2.07$3.19$4.61---
Avg Forecast$0.37$1.95$2.44$3.53$4.80$5.89$6.93$8.15
High Forecast$0.40$2.10$2.67$3.57$4.91$6.45$7.41$9.10
Low Forecast$0.35$1.80$2.24$3.49$4.69$5.66$6.66$7.26
Surprise %-32.43%-7.69%-15.16%-9.63%-3.96%---

Revenue Forecast

$0 $500M $1B $2B $2B $3B Dec 20 Dec 21 Dec 22 Dec 23 Dec 24 Dec 25 Dec 26 Dec 27
Dec 20Dec 21Dec 22Dec 23Dec 24Dec 25Dec 26Dec 27
Reported$168.46M$247.79M$327.09M$375.93M$553.86M---
Avg Forecast$359.41M$525.12M$864.35M$1.14B$1.54B$1.87B$2.28B$876.80M
High Forecast$380.28M$555.61M$926.80M$1.16B$1.58B$2.05B$2.48B$955.20M
Low Forecast$338.78M$494.97M$808.48M$1.09B$1.51B$1.70B$2.08B$803.22M
Surprise %-53.13%-52.81%-62.16%-66.91%-64.07%---

Net Income Forecast

$0 $50M $100M $150M $200M $250M Dec 20 Dec 21 Dec 22 Dec 23 Dec 24 Dec 25 Dec 26 Dec 27
Dec 20Dec 21Dec 22Dec 23Dec 24Dec 25Dec 26Dec 27
Reported$6.26M$45.85M$52.17M$79.20M$117.57M---
Avg Forecast$9.46M$35.83M$35.66M$79.20M$121.58M$147.23M$181.92M$203.60M
High Forecast$10.18M$42.99M$42.79M$95.04M$124.36M$163.49M$187.57M$230.40M
Low Forecast$8.76M$28.66M$28.53M$63.36M$118.80M$143.36M$168.73M$183.89M
Surprise %-33.88%27.97%46.30%--3.30%---

PLMR Forecast FAQ

Is Palomar stock a buy?

Palomar stock has a consensus rating of Buy, based on 10 Wall Street analysts. The rating breakdown includes 0 Strong Buy, 9 Buy, 1 Hold, 0 Sell, and 0 Strong Sell, reflecting a consensus that Palomar is a favorable investment for most analysts.

What is Palomar's price target?

Palomar's price target, set by 10 Wall Street analysts, averages $119 over the next 12 months. The price target range spans from $119 at the low end to $119 at the high end, suggesting a potential -20.56% change from the previous closing price of $149.79.

How does Palomar stock forecast compare to its benchmarks?

Palomar's stock forecast shows a -20.56% downside, underperforming the property & casualty insurance stocks industry (5.91%).

What is the breakdown of analyst ratings for Palomar over the past three months?

  • April 2025: 25.00% Strong Buy, 37.50% Buy, 37.50% Hold, 0% Sell, 0% Strong Sell.
  • March 2025: 25.00% Strong Buy, 37.50% Buy, 37.50% Hold, 0% Sell, 0% Strong Sell.
  • February 2025: 25.00% Strong Buy, 37.50% Buy, 37.50% Hold, 0% Sell, 0% Strong Sell.

What is Palomar’s EPS forecast?

Palomar's average annual EPS forecast for its fiscal year ending in December 2025 is $5.89, marking a 27.77% increase from the reported $4.61 in 2024. Estimates for the following years are $6.93 in 2026, and $8.15 in 2027.

What is Palomar’s revenue forecast?

Palomar's average annual revenue forecast for its fiscal year ending in December 2025 is $1.87B, reflecting a 237.26% increase from the reported $553.86M in 2024. The forecast for 2026 is $2.28B, and $876.8M for 2027.

What is Palomar’s net income forecast?

Palomar's net income forecast for the fiscal year ending in December 2025 stands at $147.23M, representing an 25.23% increase from the reported $117.57M in 2024. Projections indicate $181.92M in 2026, and $203.6M in 2027.