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 ...

Momentum investing revolves around the idea of following a stock's recent trend in either direction. In the 'long' context, investors will be essentially be "buying high, but hoping to sell even higher." With this methodology, taking advantage of trends in a stock's price is key; once a stock establishes a course, it is more than likely to continue moving that way. The goal is that once a stock heads down a fixed path, it will lead to timely and profitable trades. Even though momentum is a popular stock cha ...

LA JOLLA, Calif., Aug. 08, 2024 (GLOBE NEWSWIRE) -- Palomar Holdings, Inc. ("Palomar" or the "Company") today announced the pricing of its previously announced underwritten public offering (the "Offering) of 1,200,000 shares of Palomar's common stock, par value $0.0001 per share (the "Common Stock"), at a public offering price of $88.00 per share. In addition, the underwriters have been granted a 30-day option to purchase up to 180,000 additional shares of Common Stock from the Company at the public offerin ...

Palomar Holdings, Inc. (PLMR) reported second-quarter 2024 operating income of $1.25 per share, which beat the Zacks Consensus Estimate by 11.6%. The bottom line increased 45.3% year over year. Palomar witnessed improved premiums, increased adjusted underwriting income and higher yields on invested assets, partly offset by higher losses and loss adjustment expenses, as well as underwriting expenses. Behind the Headlines Total revenues improved 47.2% year over year to $131 million, mainly attributable to hig ...

Palomar (PLMR) is expected to deliver a year-over-year increase in earnings on higher revenues when it reports results for the quarter ended June 2024. This widely-known consensus outlook gives a good sense of the company's earnings picture, but how the actual results compare to these estimates is a powerful factor that could impact its near-term stock price. The earnings report, which is expected to be released on August 5, 2024, might help the stock move higher if these key numbers are better than expecta ...

LA JOLLA, Calif., July 24, 2024 (GLOBE NEWSWIRE) -- Palomar Holdings, Inc. (NASDAQ: PLMR) (the "Company") today announced that it will release its second quarter 2024 results after the market close on Monday, August 5, 2024, and will host a conference call at 12:00 p.m. (Eastern Time) the following day, Tuesday, August 6, 2024. Interested investors and other parties may also listen to a simultaneous webcast of the conference call by logging onto the investor relations section of the Company's website at htt ...

LA JOLLA, Calif., July 24, 2024 (GLOBE NEWSWIRE) -- Palomar Holdings, Inc. (NASDAQ: PLMR) (the "Company") today announced that it will release its second quarter 2024 results after the market close on Monday, August 5, 2024, and will host a conference call at 12:00 p.m. (Eastern Time) the following day, Tuesday, August 6, 2024. Interested investors and other parties may also listen to a simultaneous webcast of the conference call by logging onto the investor relations section of the Company's website at htt ...

Momentum investing revolves around the idea of following a stock's recent trend in either direction. In the 'long' context, investors will be essentially be "buying high, but hoping to sell even higher." With this methodology, taking advantage of trends in a stock's price is key; once a stock establishes a course, it is more than likely to continue moving that way. The goal is that once a stock heads down a fixed path, it will lead to timely and profitable trades. It's also important to note that Style Scor ...

If you are looking for a stock that has a solid history of beating earnings estimates and is in a good position to maintain the trend in its next quarterly report, you should consider Palomar (PLMR) . This company, which is in the Zacks Insurance - Property and Casualty industry, shows potential for another earnings beat. For the most recent quarter, Palomar was expected to post earnings of $0.92 per share, but it reported $1.09 per share instead, representing a surprise of 18.48%. For the previous quarter, ...