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NASDAQ:PLMR - Palomar Stock Price Target and Predictions

  • Consensus Rating: Buy
  • Consensus Price Target: $97.20
  • Forecasted Upside: 5.89 %
  • Number of Analysts: 4
  • Breakdown:
  • 0 Sell Ratings
  • 2 Hold Ratings
  • 2 Buy Ratings
  • 0 Strong Buy Ratings
$91.79 As of 02/24/2021 01:00 AM ET
▲ +3.59 (4.07%)
1 month | 3 months | 12 months
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Analyst Price Target for PLMR

i We calculate consensus analyst ratings for stocks using the most recent rating from each Wall Street analyst that has rated a stock within the last twelve months. Each analyst's rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Analyst consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings from Wall Street analysts. Each stock's consensus analyst rating is derived from its calculated consensus ratings score (0-1.5 = Sell, 1.5-2.5 = Hold, 2.5-3.5 = Buy, >3.5 = Strong Buy). Our consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months. Our consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.
$97.20
▲ +5.89% Upside Potential
This price target is based on 4 analysts offering 12 month price targets for Palomar in the last 3 months. The average price target is $97.20, with a high forecast of $125.00 and a low forecast of $60.00. The average price target represents a 5.89% upside from the last price of $91.79.
Buy
The current consensus among 4 investment analysts is to buy stock in Palomar.

Past Monthly Recommendations

Move your mouse over past months for details

  • 0 strong buy ratings
  • 5 buy ratings
  • 1 hold ratings
  • 0 sell ratings
Ratings as of
9/3/2019
  • 0 strong buy ratings
  • 6 buy ratings
  • 1 hold ratings
  • 0 sell ratings
Ratings as of
12/2/2019
  • 0 strong buy ratings
  • 6 buy ratings
  • 1 hold ratings
  • 0 sell ratings
Ratings as of
3/1/2020
  • 0 strong buy ratings
  • 5 buy ratings
  • 2 hold ratings
  • 0 sell ratings
Ratings as of
5/30/2020
  • 0 strong buy ratings
  • 4 buy ratings
  • 2 hold ratings
  • 0 sell ratings
Ratings as of
8/28/2020
  • 0 strong buy ratings
  • 4 buy ratings
  • 2 hold ratings
  • 0 sell ratings
Ratings as of
11/26/2020
  • 0 strong buy ratings
  • 3 buy ratings
  • 2 hold ratings
  • 0 sell ratings
Ratings as of
1/25/2021
  • 0 strong buy ratings
  • 2 buy ratings
  • 2 hold ratings
  • 0 sell ratings
Ratings as of
2/24/2021

Latest Recommendations

  • 0 strong buy ratings
  • 2 buy ratings
  • 2 hold ratings
  • 0 sell ratings

DateBrokerageActionRatingPrice TargetImpact on Share PriceDetails
1/12/2021BarclaysBoost Price TargetEqual Weight$82.00 ➝ $94.00Medium
i
11/17/2020BarclaysInitiated CoverageEqual Weight$82.00High
i
11/12/2020Piper SandlerDowngradeOverweight ➝ Neutral$110.00 ➝ $95.00High
i
10/6/2020TruistLower Price Target$112.00 ➝ $125.00Medium
i
8/13/2020Keefe, Bruyette & WoodsBoost Price TargetOutperform$95.00 ➝ $112.00Low
i
6/29/2020Keefe, Bruyette & WoodsBoost Price TargetOutperform$69.00 ➝ $95.00High
i
6/29/2020Piper SandlerBoost Price TargetOverweight$64.00 ➝ $90.00Medium
i
5/6/2020JPMorgan Chase & Co.Boost Price TargetOverweight$55.00 ➝ $60.00High
i
4/6/2020Piper SandlerLower Price TargetOverweight$55.00 ➝ $54.00Medium
i
2/20/2020SunTrust BanksBoost Price TargetBuy$50.00 ➝ $70.00High
i
1/14/2020JMP SecuritiesReiterated RatingPositive ➝ Outperform$55.00Medium
i
12/8/2019Keefe, Bruyette & WoodsBoost Price TargetOutperform$48.00 ➝ $57.00Low
i
11/6/2019Keefe, Bruyette & WoodsBoost Price Target$42.00 ➝ $48.00Low
i
11/6/2019SunTrust BanksBoost Price TargetBuy ➝ Positive$50.00Low
i
10/16/2019JMP SecuritiesInitiated CoverageOutperform$50.00Medium
i
10/2/2019BarclaysBoost Price TargetEqual Weight$30.00 ➝ $36.00High
i
8/14/2019Keefe, Bruyette & WoodsBoost Price TargetOutperform$28.00 ➝ $38.00Medium
i
8/14/2019SunTrust BanksBoost Price TargetBuy$44.00Medium
i
8/13/2019JPMorgan Chase & Co.Boost Price TargetOverweight$27.00 ➝ $40.00High
i
8/12/2019Evercore ISIReiterated RatingBuyMedium
i
Rating by David Motemaden at Evercore ISI
5/14/2019William BlairInitiated CoverageOutperform ➝ OutperformMedium
i
Rating by A. Klauber at William Blair
5/13/2019SunTrust BanksInitiated CoverageBuy ➝ Buy$27.00Low
i
5/13/2019Evercore ISIInitiated CoverageOutperform ➝ OutperformLow
i
5/13/2019JPMorgan Chase & Co.Initiated CoverageOverweight$27.00Low
i
5/13/2019BarclaysInitiated CoverageEqual Weight ➝ Equal Weight$20.00Low
i
5/12/2019Keefe, Bruyette & WoodsInitiated CoverageOutperform ➝ Outperform$24.00Low
i
(Data available from 2/25/2016 forward)
Palomar logo
Palomar Holdings, Inc. provides specialty property insurance. It offers personal and commercial specialty property insurance products, including residential and commercial earthquake, specialty homeowners, commercial all-risk, Hawaii hurricane, residential flood, inland marine, assumed reinsurance, and real estate investor. The company was formerly known as GC Palomar Holdings. Palomar Holdings, Inc. was incorporated in 2013 and is headquartered in La Jolla, California.
Read More

Today's Range

Now: $91.79
$87.00
$92.66

50 Day Range

MA: $101.70
$88.20
$112.49

52 Week Range

Now: $91.79
$39.21
$121.87

Volume

190,208 shs

Average Volume

204,284 shs

Market Capitalization

$2.34 billion

P/E Ratio

116.19

Dividend Yield

N/A

Beta

N/A

Frequently Asked Questions

What sell-side analysts currently cover shares of Palomar?

The following sell-side analysts have issued research reports on Palomar in the last year: Barclays PLC, JPMorgan Chase & Co., Keefe, Bruyette & Woods, Piper Sandler, Truist, and Zacks Investment Research.
View the latest analyst ratings for PLMR.

What is the current price target for Palomar?

5 Wall Street analysts have set twelve-month price targets for Palomar in the last year. Their average twelve-month price target is $97.20, suggesting a possible upside of 5.7%. Truist has the highest price target set, predicting PLMR will reach $125.00 in the next twelve months. JPMorgan Chase & Co. has the lowest price target set, forecasting a price of $60.00 for Palomar in the next year.
View the latest price targets for PLMR.

What is the current consensus analyst rating for Palomar?

Palomar currently has 2 hold ratings and 2 buy ratings from Wall Street analysts. The stock has a consensus analyst rating of "Buy." A "buy" rating indicates that analysts believe PLMR will outperform the market and that investors should add to their positions of Palomar.
View the latest ratings for PLMR.

What other companies compete with Palomar?

Other companies that are similar to Palomar include Alleghany, RenaissanceRe, Lemonade, Kemper, Enstar Group, RLI, The Hanover Insurance Group, AXIS Capital, Selective Insurance Group, Kinsale Capital Group, White Mountains Insurance Group, Mercury General, Horace Mann Educators, Sirius International Insurance Group and James River Group.

How do I contact Palomar's investor relations team?

Palomar's physical mailing address is 7979 IVANHOE AVENUE SUITE 500, LA JOLLA CA, 92037. The company's listed phone number is 619-567-5290 and its investor relations email address is [email protected] The official website for Palomar is www.palomarspecialty.com.