Recent Analysts’ Ratings Changes for Palomar (PLMR)

Palomar (NASDAQ: PLMR) recently received a number of ratings updates from brokerages and research firms:

• 11/10/2026 – Palomar had its price target raised by Keefe, Bruyette & Woods from $161.00 to $172.00. They now have an “outperform” rating on the stock.
• 11/6/2026 – Palomar had its price target raised by Piper Sandler from $165.00 to $174.00. They now have an “overweight” rating on the stock.
• 11/5/2026 – Palomar had its price target raised by Truist Financial from $168.00 to $175.00. They now have a “buy” rating on the stock.
• 10/30/2026 – Palomar was downgraded by Weiss Ratings from “buy (b+)” to “buy (b)”.
• 10/29/2026 – Palomar was downgraded by Zacks Research from “strong-buy” to “hold”.
• 10/16/2026 – Palomar was upgraded by Weiss Ratings from “buy (b)” to “buy (b+)”.
• 10/9/2026 – Palomar had its price target lowered by JPMorgan Chase & Co. from $167.00 to $156.00. They now have an “overweight” rating on the stock.
• 9/30/2026 – Palomar was upgraded by Zacks Research from “hold” to “strong-buy”.
• 9/24/2026 – Palomar was upgraded by Weiss Ratings from “buy (b-)” to “buy (b)”.

Palomar Stock Performance

Shares of NASDAQ PLMR opened at $157.23 on Wednesday. The company has a debt-to-equity ratio of 0.30, a quick ratio of 0.50 and a current ratio of 0.49. The stock has a 50 day moving average price of $136.07 and a 200 day moving average price of $127.18. The stock has a market capitalization of $4.14 billion, a PE ratio of 19.68 and a beta of 0.28. Palomar Holdings, Inc. has a 52 week low of $100.81 and a 52 week high of $162.08.

Palomar (NASDAQ:PLMR) last announced its quarterly earnings data on Wednesday, November 4th. The company reported $3.01 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $2.56 by $0.45. Palomar had a net margin of 17.60% and a return on equity of 25.27%. The business had revenue of $386.59 million for the quarter, compared to analysts’ expectations of $754.28 million. During the same period last year, the firm posted $2.01 earnings per share. Analysts predict that Palomar Holdings, Inc. will post 9.30 earnings per share for the current fiscal year.

Palomar Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Wednesday, December 2nd. Investors of record on Tuesday, November 17th will be given a dividend of $0.45 per share. This represents a $1.80 annualized dividend and a yield of 1.1%. The ex-dividend date of this dividend is Tuesday, November 17th. Palomar’s dividend payout ratio is 22.53%.

Insider Activity

In other news, CEO Mac Armstrong sold 3,500 shares of the company’s stock in a transaction that occurred on Wednesday, October 21st. The stock was sold at an average price of $138.31, for a total transaction of $484,085.00. Following the sale, the chief executive officer directly owned 315,388 shares of the company’s stock, valued at $43,621,314.28. This represents a 1.10% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CFO T. Christopher Uchida sold 791 shares of the stock in a transaction dated Tuesday, August 18th. The shares were sold at an average price of $127.74, for a total transaction of $101,042.34. Following the sale, the chief financial officer directly owned 16,238 shares of the company’s stock, valued at approximately $2,074,242.12. The trade was a 4.65% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Over the last 90 days, insiders sold 12,115 shares of company stock valued at $1,619,923. Company insiders own 3.70% of the company’s stock.

Palomar Holdings, Inc. is a specialty property insurer that provides coverage for risks that can be difficult to insure through standard policies. Its offerings include earthquake, hurricane, flood and wildfire insurance, along with specialty homeowners and commercial property coverage. The company distributes its products through a network of agents, brokers and other partners, serving customers in the United States. Its business has grown from an initial focus on earthquake insurance into a broader range of specialty insurance markets.