Palomar is poised for growth, banking on the strength of new business generated, strong retention rates, risk transfer strategy and solid capital position.
LA JOLLA, Calif., March 06, 2025 (GLOBE NEWSWIRE) -- Palomar Holdings, Inc. (NASDAQ:PLMR) (“Palomar” or “Company”) today announced that it will host an Investor Day at The Pierre in New York City on Thursday, March 20, 2025. The presentation will begin at 8:30 a.m. ET and conclude at approximately 12:45 p.m. ET.
Palomar (PLMR) is well positioned to outperform the market, as it exhibits above-average growth in financials.
Palomar (PLMR) shares have started gaining and might continue moving higher in the near term, as indicated by solid earnings estimate revisions.
Does Palomar (PLMR) have what it takes to be a top stock pick for momentum investors? Let's find out.
PLMR's Q4 results reflect higher premiums, better underwriting income and higher yields on investments, partly offset by higher losses and loss adjustment expenses.
Palomar Holdings, Inc. (NASDAQ:PLMR ) Q4 2024 Earnings Call February 13, 2025 12:00 PM ET Company Participants Chris Uchida - Chief Financial Officer Mac Armstrong - Chairman and Chief Executive Officer Jon Christianson - President Conference Call Participants Paul Newsome - Piper Sandler Mark Hughes - Truist Securities Andrew Andersen - Jefferies Meyer Shields - KBW Pablo Singzon - JPMorgan Operator Good morning and welcome to the Palomar Holdings, Inc. Fourth Quarter and Full Year 2024 Earnings Conference Call. [Operator Instructions] As a reminder, this conference call is being recorded.
While the top- and bottom-line numbers for Palomar (PLMR) give a sense of how the business performed in the quarter ended December 2024, it could be worth looking at how some of its key metrics compare to Wall Street estimates and year-ago values.
Palomar (PLMR) came out with quarterly earnings of $1.52 per share, beating the Zacks Consensus Estimate of $1.24 per share. This compares to earnings of $1.11 per share a year ago.
LA JOLLA, Calif., Feb. 12, 2025 (GLOBE NEWSWIRE) -- Palomar Holdings, Inc. (NASDAQ:PLMR) (“Palomar” or “Company”) reported net income of $35.0 million, or $1.29 per diluted share, for the fourth quarter of 2024 compared to net income of $25.9 million, or $1.02 per diluted share, for the fourth quarter of 2023. Adjusted net income(1) was $41.3 million, or $1.52 per diluted share, for the fourth quarter of 2024 as compared to $28.0 million, or $1.11 per diluted share, for the fourth quarter of 2023.