Palomar

Palomar Holdings, Inc. operates as an insurance holding company. The firm focuses on the residential and commercial earthquake markets in earthquake-exposed states such as California, Oregon, Washington and states with exposure to the New Madrid Seismic Zone. It offers property and casualty insurance. The company was founded by Armstrong Mac & Fisher Heath on October 4, 2013 and is headquartered in La Jolla, CA.

Earnings data Q1 2021

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Earnings data Q1 2022

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Earnings data Q4 2022

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Earnings data Q2 2023

Earnings data Q3 2023

Earnings data Q4 2023

Earnings data Q1 2024

Earnings data Q2 2024

Earnings data Q3 2024

Earnings data Q4 2024

Palomar Holdings excels in Q4, eyes sustained growth amid challenges

Palomar's Q4 performance reflects strong growth and strategic resilience in a challenging insurance market landscape.
The company's focus on sustaining profitable growth in earthquake insurance and leveraging strategic partnerships positions it for continued success.
While facing challenges such as loss ratios and market uncertainties, Palomar remains optimistic about future opportunities for growth and profitability.

Palomar reports robust Q1 performance, eyes growth amid industry shifts

Palomar's Q1 2023 performance reflects strong growth and strategic focus, despite challenges from industry dynamics. The company's strengths lie in its market positioning, growth areas, and reinsurance program enhancements. Opportunities exist in further expanding core businesses and delivering on financial targets.

Palomar Holdings excels in Q2, eyes growth in new markets

Palomar's Q2 performance showcases growth, profitability, and strategic advancements across key business segments, positioning the company for continued success and expansion.

Palomar Holdings excels in Q3 2023, eyes growth through diversification

Palomar Holdings' Q3 2023 performance reflects strong growth and profitability across key business segments, underpinned by strategic initiatives and prudent risk management. While the company faces challenges related to evolving market dynamics, opportunities for expansion through Assumed Reinsurance and inflation guard strategies position it well for sustainable growth. Palomar's focus on maintaining underwriting discipline and pursuing profitable growth underscores its commitment to delivering consistent results for stakeholders.

Palomar reports record premium growth and strategic diversification success

Palomar Holdings' strong performance in Q4 and full year 2023, driven by diversification, strategic objectives met, and robust premium growth, positions the company for continued success in 2024. While challenges like managing loss ratios and fronting appetite exist, opportunities in expanding Crop Insurance and improved reinsurance economics provide avenues for growth.

Palomar (PLMR) reports robust Q1 earnings, eyes growth opportunities

Palomar's Q1 2024 earnings call highlighted strong financial performance, growth across key product lines, and an upward revision of adjusted net income guidance for the full year. Despite challenges in fronting business and business mix changes, the company remains focused on achieving its strategic goals and capitalizing on growth opportunities.

Palomar Holdings reports record Q2 performance and strategic expansion

Palomar Holdings, Inc. achieved remarkable growth in Q2 2024, with record premiums and improved net income. The company's strategic focus on expansion, financial strength, and product performance underscores its resilience and growth potential in the market. Addressing challenges and seizing opportunities will be crucial for sustaining momentum and driving future success.

Palomar reports robust Q3 earnings, eyes growth in Earthquake insurance

Palomar's Q3 performance reflects strong financial growth, strategic focus on premium expansion, and investments in talent and operational efficiency.
While facing challenges in market dynamics and risk management, the company's strengths in niche insurance classes and growth opportunities in Residential Earthquake insurance position it for continued success.
Overall, Palomar's performance underscores a resilient business model, strategic foresight, and a commitment to delivering consistent earnings and sustainable growth.

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Palomar Holdings, Inc. is a specialty insurance company, which engages in the provision of property and casualty insurance products to individuals and businesses. The firm focuses on the residential and commercial earthquake markets in earthquake-exposed states such as California, Oregon, and Washington and states with exposure to the New Madrid Seismic Zone. It offers property and casualty insurance. The company was founded by Armstrong Mac and Fisher Heath in February 2014 and is headquartered in La Jolla, CA.

Palomar (PLMR) Q4 results reflect higher premiums and net investment income, partially offset by an increase in losses and loss adjustment expenses.

Palomar (PLMR) Q4 Earnings Top Estimates on Solid Underwriting

Palomar (PLMR) delivered earnings and revenue surprises of 5.13% and 3%, respectively, for the quarter ended December 2022. Do the numbers hold clues to what lies ahead for the stock?

Palomar (PLMR) Q4 Earnings Surpass Estimates

LA JOLLA, Calif., Feb. 15, 2023 (GLOBE NEWSWIRE) -- Palomar Holdings, Inc. (NASDAQ:PLMR) (“Palomar” or “Company”) reported net income of $18.8 million, or $0.73 per diluted share, for the fourth quarter of 2022 compared to net income of $16.6 million, or $0.64 per diluted share, for the fourth quarter of 2021. Adjusted net income(1) was $21.1 million, or $0.82 per diluted share, for the fourth quarter of 2022 as compared to $17.6 million, or $0.68 per diluted share, for the fourth quarter of 2021. Effective December 31, 2022, the Company adjusts for net realized and unrealized gains and losses when calculating and presenting adjusted net income, diluted adjusted earnings per share, and adjusted return on equity. All prior year amounts have been adjusted accordingly.

Palomar Holdings, Inc. Reports Fourth Quarter & Full Year 2022 Results

LA JOLLA, Calif., Feb. 08, 2023 (GLOBE NEWSWIRE) -- Palomar Holdings, Inc. (NASDAQ: PLMR) (the “Company”) today announced that it will release its fourth quarter and full year 2022 results after the market close on Wednesday, February 15, 2023, and will host a conference call at 12:00 p.m. (Eastern Time) the following day, Thursday, February 16, 2023.

Palomar Holdings, Inc. Announces Fourth Quarter and Full Year 2022 Financial Results Release Date and Conference Call

~ Palomar Specialty Insurance Company Authorized as the Fourteenth Approved Insurance Provider in the United States by the Federal Crop Insurance Corporation (“FCIC”) ~

Palomar Holdings, Inc. Announces New Fronting Partnership with Advanced AgProtection

LA JOLLA, Calif., Jan. 03, 2023 (GLOBE NEWSWIRE) -- Palomar Holdings, Inc. (NASDAQ: PLMR) (“Palomar” or the “Company”) today announced the successful completion of certain reinsurance programs covering California earthquake risk.

Palomar Holdings, Inc. Announces Successful Completion of Select California Earthquake Reinsurance Programs

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This is an evaluation of likely coming stock prices, not an appraisal of PLMR's product line or management's competitive abilities. They're already evaluated by big-$ investment analysts and portfolio managers. The buys they urge as volume “block trades” cause Market-Makers to put firm capital temporarily at risk, balancing shares supply with demand. And to hedge-protect the risks created.

Palomar Holdings: Big-$ Investors See Best Financial Sector Near-Term Buy

Palomar Holdings, Inc. (NASDAQ:PLMR ) Q3 2022 Earnings Conference Call November 3, 2022 12:00 PM ET Company Participants Mac Armstrong - Chairman and Chief Executive Officer Chris Uchida - Chief Financial Officer Conference Call Participants Mark Hughes - Truist David Motemaden - Evercore ISI Pablo Singzon - JPMorgan Tracy Benguigui - Barclays Operator Good morning and welcome to Palomar Holdings, Inc. Third Quarter 2022 Earnings Conference Call. During today's presentation, all parties will be in a listen-only mode.

Palomar Holdings, Inc. (PLMR) Q3 2022 Earnings Call Transcript

Palomar (PLMR) Q3 results reflect higher premiums and net investment income, partially offset by an increase in losses and loss adjustment expenses.

Palomar (PLMR) Q3 Earnings Miss, Rise Y/Y, View Tightened

Palomar (PLMR) delivered earnings and revenue surprises of -51.67% and 13.51%, respectively, for the quarter ended September 2022. Do the numbers hold clues to what lies ahead for the stock?

Palomar (PLMR) Q3 Earnings and Revenues Lag Estimates

LA JOLLA, Calif., Nov. 02, 2022 (GLOBE NEWSWIRE) -- Palomar Holdings, Inc. (NASDAQ:PLMR) (“Palomar” or “Company”) reported net income of $4.3 million, or $0.17 per diluted share, for the third quarter of 2022 compared to $0.2 million, or $0.01 per diluted share, for the third quarter of 2021. Adjusted net income( 1) was $7.4 million, or $0.29 per diluted share, for the third quarter of 2022 as compared to $1.7 million, or $0.07 per diluted share, for the third quarter of 2021.

Palomar Holdings, Inc. Reports Third Quarter 2022 Results

Palomar (PLMR) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

Palomar (PLMR) Earnings Expected to Grow: What to Know Ahead of Next Week's Release

LA JOLLA, Calif., Oct. 20, 2022 (GLOBE NEWSWIRE) -- Palomar Holdings, Inc. (NASDAQ: PLMR) (“Palomar”) today announced estimated pretax catastrophe losses of $12.5 million, net of reinsurance, for the third quarter of 2022. This anticipates a full retention loss of $12.5 million from Hurricane Ian. The losses from Hurricane Ian also result in additional ceded reinsurance premium of $3.1 million, with $1.3 million recognized in the third quarter of 2022 and the remaining $1.8 million recognized ratably from October 1, 2022 to May 31, 2023.

Palomar Holdings, Inc. Announces Third Quarter 2022 Estimated Catastrophe Losses and Financial Results Date and Earnings Call

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Palomar (PLMR) stands to benefit from the expansion of products' geographic and distribution footprint, higher yields on invested assets and effective capital deployment.

Here's Why Hold Strategy is Apt for Palomar Holdings (PLMR)

Palomar (PLMR) reported earnings 30 days ago. What's next for the stock?

Palomar (PLMR) Up 17.1% Since Last Earnings Report: Can It Continue?

LA JOLLA, Calif., Sept. 01, 2022 (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 8, 2022 at 8:20 a.m. Eastern Time.

Palomar Holdings, Inc. Announces Participation in the 2022 KBW Insurance Conference

Palomar (PLMR) stock rallies on the back of the expansion of its distribution footprint as well as new partnerships, solid capital position, favorable growth estimates and effective capital deployment.

Palomar (PLMR) Stock Gains 18.2% YTD: More Room for Growth?

Palomar Holdings, Inc. (NASDAQ:PLMR ) Q2 2022 Earnings Conference Call August 4, 2022 12:00 PM ET Company Participants Chris Uchida - Chief Financial Officer Mac Armstrong - Chairman and Chief Executive Officer Conference Call Participants Tracy Benguigui - Barclays Pablo Singzon - JPMorgan Mark Hughes - Truist David Motemaden - Evercore Derek Han - KBW Operator Good morning and welcome to the Palomar Holdings, Inc. Second Quarter 2022 Earnings Conference Call. [Operator Instructions] As a reminder, this conference call is being recorded.

Palomar Holdings, Inc. (PLMR) CEO Mac Armstrong on Q2 2022 Results - Earnings Call Transcript

Palomar (PLMR) Q2 results reflect higher premiums and net investment income, partially offset by an increase in expenses.

Palomar (PLMR) Q2 Earnings Beat, Revenues Miss Estimates

Palomar (PLMR) delivered earnings and revenue surprises of 10.61% and 3.25%, respectively, for the quarter ended June 2022. Do the numbers hold clues to what lies ahead for the stock?

Palomar (PLMR) Surpasses Q2 Earnings Estimates

LA JOLLA, Calif., Aug. 03, 2022 (GLOBE NEWSWIRE) -- Palomar Holdings, Inc. (NASDAQ:PLMR) (“Palomar” or “Company”) reported net income of $14.6 million, or $0.57 per diluted share, for the second quarter of 2022 compared to $12.3 million, or $0.47 per diluted share, for the second quarter of 2021. Adjusted net income(1) was $18.7 million, or $0.73 per diluted share, for the second quarter of 2022 as compared to $13.2 million, or $0.51 per diluted share, for the second quarter of 2021.

Palomar Holdings, Inc. Reports Second Quarter 2022 Results

- Expands PLMR-FRONT to Consist of Four Program Partners Since Formation in the Third Quarter 2021 -

News for Palomar Stock (PLMR)