Palomar Holdings (PLMR) Rises 43% in a Year: What's Driving It?

This Zacks Rank #1 (Strong Buy) insurer has a solid earnings surprise history. It beat estimates in each of the last four quarters, the average being 15.10% The Zacks Consensus Estimate for 2024 and 2025 earnings has moved 4% and 3.9% north, respectively, in the past 60 days, reflecting analysts' optimism on the stock. Will the Bull Run Continue? The Zacks Consensus Estimate for Palomar Holdings's 2024 earnings per share indicates an increase of 26% from the year-ago reported number. The consensus estimate ...