Palomar(PLMR)
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PLMR Stock Trades Above 50-Day SMA: What Should Investors Do?
ZACKS· 2025-01-16 19:25
Palomar Holdings, Inc. (PLMR) has been trading above its 50-day simple moving average (SMA), signaling a short-term bullish trend. Its share price, as of Jan. 15, 2025, was $107.11, down 5.1% from its 52-week high of $112.90.The 50-day SMA is a key indicator for traders and analysts to identify support and resistance levels. It is considered particularly important as this is the first marker of an uptrend or downtrend.With a market capitalization of $2.83 billion, Palomar is set to gain from new business, s ...
Palomar (PLMR) is an Incredible Growth Stock: 3 Reasons Why
ZACKS· 2025-01-07 19:00
Investors seek growth stocks to capitalize on above-average growth in financials that help these securities grab the market's attention and produce exceptional returns. But finding a great growth stock is not easy at all.By their very nature, these stocks carry above-average risk and volatility. Moreover, if a company's growth story is over or nearing its end, betting on it could lead to significant loss.However, the task of finding cutting-edge growth stocks is made easy with the help of the Zacks Growth S ...
Palomar Holdings, Inc. Completes Acquisition of First Indemnity of America Insurance Company
GlobeNewswire· 2025-01-02 21:10
LA JOLLA, Calif., Jan. 02, 2025 (GLOBE NEWSWIRE) -- Palomar Holdings, Inc. (NASDAQ: PLMR) (“Palomar” or the “Company”) today announced the completion of the Company’s acquisition of First Indemnity of America Insurance Company (“FIA”), effective January 1, 2025. “I am very excited to announce the completion of our acquisition of FIA and to welcome FIA’s management team, employees and insureds to Palomar,” commented Mac Armstrong, Palomar’s Chairman and Chief Executive Officer. “This transaction provides us ...
PLMR Stock Surges 102.1% YTD: A Signal for Investors to Hold Tight?
ZACKS· 2024-12-17 16:06
Palomar Holdings, Inc. (PLMR) shares have rallied 102.1% year to date (YTD) compared with the industry's growth of 28.2%. The Finance sector and the Zacks S&P 500 composite have returned 21% and 27.8%, respectively, YTD. With a market capitalization of $2.96 billion, the average volume of shares traded in the last three months was 0.15 million.PLMR Outperforms Industry, Sector, S&P YTDImage Source: Zacks Investment ResearchShares of PLMR closed at $112.17 on Monday, near its 52-week high of $112.47. This pr ...
Why Palomar (PLMR) is a Top Growth Stock for the Long-Term
ZACKS· 2024-12-12 15:46
For new and old investors, taking full advantage of the stock market and investing with confidence are common goals. Zacks Premium provides lots of different ways to do both.Featuring daily updates of the Zacks Rank and Zacks Industry Rank, full access to the Zacks #1 Rank List, Equity Research reports, and Premium stock screens, the research service can help you become a smarter, more self-assured investor.It also includes access to the Zacks Style Scores. What are the Zacks Style Scores? Developed alongsi ...
Why Is Palomar (PLMR) Up 19.8% Since Last Earnings Report?
ZACKS· 2024-12-04 17:36
It has been about a month since the last earnings report for Palomar (PLMR) . Shares have added about 19.8% in that time frame, outperforming the S&P 500.Will the recent positive trend continue leading up to its next earnings release, or is Palomar due for a pullback? Before we dive into how investors and analysts have reacted as of late, let's take a quick look at the most recent earnings report in order to get a better handle on the important catalysts. Palomar Q3 Earnings, Revenues Top Estimates on Highe ...
Palomar Holdings Stock Surges 86.8% YTD: Will the Rally Last?
ZACKS· 2024-11-18 14:50
Palomar Holdings, Inc. (PLMR) shares have rallied 86.8% year to date (YTD) compared with the industry's growth of 31.5%. The Finance sector and the Zacks S&P 500 composite have returned 21.3% and 23.4%, respectively, YTD. With a market capitalization of $2.74 billion, the average volume of shares traded in the last three months was 0.15 million.PLMR Outperforms Industry, Sector, S&P YTDImage Source: Zacks Investment ResearchShares of PLMR closed at $103.69 on Friday, near its 52-week high of $107.00. This p ...
Palomar Holdings, Inc. Appoints Benson Latham EVP, Head of Crop
GlobeNewswire News Room· 2024-11-07 21:44
LA JOLLA, Calif., Nov. 07, 2024 (GLOBE NEWSWIRE) -- Palomar Holdings, Inc. (NASDAQ: PLMR) (the “Company”) today announced that Benson Latham has been appointed Executive Vice President, Head of Crop, where he will be responsible for leading Palomar’s rapidly growing Crop franchise. Benson Latham is a 30-year veteran of the Crop insurance industry and joins Palomar from Great American Insurance Company. Mr. Latham began his career at ProAg, where he helped build a large-scale Crop franchise with over 400 emp ...
Palomar(PLMR) - 2024 Q3 - Quarterly Report
2024-11-05 23:49
Table of Contents Title of each class Trading Symbol(s) Name of each exchange on which registered Common Stock, par value $0.0001 per share PLMR The Nasdaq Stock Market LLC UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q (Mark One) ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended September 30, 2024 or ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the tran ...
Palomar(PLMR) - 2024 Q3 - Earnings Call Transcript
2024-11-05 22:59
Palomar Holdings, Inc. (NASDAQ:PLMR) Q3 2024 Earnings Conference Call November 5, 2024 12:00 PM ET Company Participants Chris Uchida - Chief Financial Officer Mac Armstrong - Chairman and Chief Executive Officer Jon Christianson – President Conference Call Participants Mark Hughes - Truist Securities Paul Newsome - Piper Sandler David Motemaden - Evercore ISI Andrew Andersen - Jefferies Meyer Shields - KBW Pablo Singzon - JPMorgan Operator Good morning, and welcome to the Palomar Holdings Inc.’s Third Quart ...