Palomar Holdings, Inc. (PLMR)

In the past six months, PLMR's stock has generally trended downward, but experienced a gain in one day. Palomar Holdings announced its Q1 2026 earnings, reporting an adjusted EPS of $2.31 and revenue of $278.9 million, exceeding estimates and representing significant year-on-year growth. Following the announcement, Palomar's stock price rose. The company repurchased shares during the quarter and authorized a new share repurchase program.

Demand seasonality for Palomar Holdings' products and services is particularly notable in its crop segment, where the majority of the premium is written and earned in the third quarter. Seasonal chart analysis suggests a "Buy Date" of December 7 and a "Sell Date" of March 1 for the PLMR stock.

Palomar Holdings, Inc. is a specialty property and casualty insurance holding company that provides insurance products to residential and commercial clients. The company focuses on earthquake, inland marine and other property, casualty, fronting, crop, and surety & credit insurance. Palomar distributes its products through various channels, including retail agents, program administrators, wholesale brokers, and partnerships with other insurance companies.

Palomar Holdings, Inc. is headquartered in La Jolla, California, and operates nationwide across the United States. The company focuses on earthquake-exposed states such as California, Oregon, and Washington, as well as states within the New Madrid Seismic Zone. Palomar has also been expanding its underwriting presence, including recently in the Northeast.

Palomar Holdings maintains a strong brand reputation, evidenced by its financial strength rating of "A (Excellent)" from AM Best Company. The company has consistently beaten quarterly earnings forecasts, with Q1 2026 marking its 14th consecutive earnings beat. Palomar's "Palomar 2X strategy" aims to double underwriting income and achieve an adjusted return on equity (ROE) exceeding 20%. The company actively leverages AI across various departments to enhance efficiency and decision-making.

Palomar Holdings, Inc. has a diverse ownership structure, with institutional investors holding a significant portion of the company's stock. Major institutional owners include BlackRock, Inc., Vanguard Group Inc, and State Street Corp. Genstar VI GP Aiv Ltd is the largest individual shareholder. Institutional ownership was approximately 87.25%, with insiders holding 12.75%.