LA JOLLA, Calif., Oct. 28, 2024 (GLOBE NEWSWIRE) -- Palomar Holdings, Inc. (NASDAQ: PLMR) (the "Company") today announced that it will release its third quarter 2024 results after the market close on Monday, November 4, 2024, and will host a conference call at 12:00 p.m. (Eastern Time) the following day, Tuesday, November 5, 2024. The conference call can be accessed live by dialing 1-877-423-9813 or for international callers, 1-201-689- 8573, and requesting to be joined to the Palomar Third Quarter 2024 Ear ...

Have you been searching for a stock that might be well-positioned to maintain its earnings-beat streak in its upcoming report? It is worth considering Palomar (PLMR) , which belongs to the Zacks Insurance - Property and Casualty industry. When looking at the last two reports, this insurance holding company has recorded a strong streak of surpassing earnings estimates. The company has topped estimates by 15.04%, on average, in the last two quarters. For the most recent quarter, Palomar was expected to post e ...

NEW YORK, Oct. 10, 2024 /PRNewswire/ -- The Mechanic Group, a division of Specialty Program Group (SPG), is proud to announce the enhancement of its "Best In Class" Security Alarm & Investigator Program in partnership with Palomar Excess and Surplus Insurance Company (PESIC), a subsidiary of Palomar Holdings, Inc. (Palomar). PESIC has a financial strength rating of "A" (Excellent) from AM Best. This partnership strengthens The Mechanic Group's ability to deliver Best in Class General Liability and Umbrella ...

Shares of Palomar Holdings (PLMR) closed at $97.48 on Wednesday, near a 52-week high of $100.29. New business, strong premium retention rates for existing business and renewals of existing policies, better pricing and effective capital deployment are driving shares higher. Shares of PLMR have gained 20% in the past three months, outperforming the industry's growth of 11.1%, the Finance sector's increase of 1.5% and the Zacks S&P 500 composite's increase of 3.8%. PLMR shares are trading well above the 50-day ...

Palomar (PLMR) appears an attractive pick, as it has been recently upgraded to a Zacks Rank #1 (Strong Buy). This upgrade is essentially a reflection of an upward trend in earnings estimates -- one of the most powerful forces impacting stock prices. The Zacks rating relies solely on a company's changing earnings picture. It tracks EPS estimates for the current and following years from the sell-side analysts covering the stock through a consensus measure -- the Zacks Consensus Estimate. Individual investors ...

Core Insights - Palomar Holdings, Inc. has appointed David Sapia as Executive Vice President, Head of E&S Casualty, effective September 9, 2024 [1] Group 1: Appointment and Role - David Sapia brings over 30 years of expertise in casualty underwriting and field management, with a focus on the E&S market [2] - His responsibilities will include spearheading the development of an E&S casualty division, supporting existing operations, and identifying growth opportunities in the casualty sector [2] Group 2: Leadership Perspective - Mac Armstrong, Chairman and CEO of Palomar, expressed enthusiasm about David's appointment, highlighting his track record in casualty underwriting and industry knowledge as key to advancing the casualty franchise [3] - Armstrong noted that Sapia's strategic vision will enhance current operations and drive growth initiatives [3] Group 3: Background of David Sapia - Prior to joining Palomar, Sapia was the Director of Liability Underwriting for HDI Global USA, overseeing the US casualty business [3] - He has also served as Vice President of Underwriting at Axis US Insurance for ten years, focusing on the E&S market [3] - Sapia's earlier experience includes managing a team at Guy Carpenter for reinsurance needs and serving as a Sergeant in the United States Marine Corps [3]

It has been about a month since the last earnings report for Palomar (PLMR) . Shares have added about 5.5% in that time frame, underperforming 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 its most recent earnings report in order to get a better handle on the important drivers. Palomar Q2 Earnings Top Estimates on Improved Premiu ...

Palomar Holdings, Inc.'s (PLMR) shares have surged 91% in a year compared with the industry's growth of 28.7%. The Finance sector and the Zacks S&P 500 composite have returned 26.7% and 24.4%, respectively, in the same time frame. With a market capitalization of $2.55 billion, the average volume of shares traded in the last three months was 0.17 million. PLMR Outperforms Industry, Sector, S&P 500 Image Source: Zacks Investment Research New business, strong retention rates, strategic expansion of products' g ...

LA JOLLA, Calif., Aug. 27, 2024 (GLOBE NEWSWIRE) -- Palomar Holdings, Inc. (NASDAQ: PLMR) ("Palomar") today announced that Mac Armstrong, Chairman and Chief Executive Officer, and Chris Uchida, Chief Financial Officer, will participate in a fireside chat at the KBW Insurance Conference on Thursday, September 5, 2024 at 10:35 am ET. Management will also be available for one-on-one and small group meetings with investors. Interested investors and other parties can access a live webcast of the presentation by ...

Core Viewpoint - Momentum investing focuses on following a stock's recent price trends, aiming to buy high and sell higher, with the expectation that established trends will continue [1] Company Overview: Palomar (PLMR) - Palomar currently holds a Momentum Style Score of A, indicating strong momentum characteristics [2] - The company has a Zacks Rank of 1 (Strong Buy), which historically outperforms the market when combined with a Style Score of A or B [3] Price Performance - Over the past week, PLMR shares increased by 5.28%, outperforming the Zacks Insurance - Property and Casualty industry, which rose by 2.62% [5] - In a longer timeframe, PLMR's monthly price change is 8.04%, compared to the industry's 3.12% [5] - Over the last quarter, PLMR shares have risen by 16.74%, and they are up 95.93% over the past year, while the S&P 500 has only moved 7.23% and 28.56% respectively [6] Trading Volume - The average 20-day trading volume for PLMR is 244,991 shares, which serves as a bullish indicator when combined with rising stock prices [7] Earnings Outlook - In the past two months, 6 earnings estimates for PLMR have been revised upwards, with no downward revisions, increasing the consensus estimate from $4.65 to $4.83 [9] - For the next fiscal year, 5 estimates have also moved upwards without any downward revisions [9]