On June 30, 2025, Keefe, Bruyette & Woods, led by analyst Meyer Shields, announced an update on their coverage of Palomar Holdings (PLMR, Financial). The firm has maintained its "Outperform" rating for the stock, showcasing continued confidence in its performance.
However, the analyst has made a slight adjustment to the price target for Palomar Holdings (PLMR, Financial), lowering it from the prior target of USD 205.00 to a new target of USD 204.00. This adjustment represents a change of -0.49%.
Investors following Palomar Holdings (PLMR, Financial) should note the maintained rating and minor adjustment in price target, which reflects the analyst's updated assessment of the stock's potential in the current market environment.
Wall Street Analysts Forecast
Based on the one-year price targets offered by 5 analysts, the average target price for Palomar Holdings Inc (PLMR, Financial) is $185.40 with a high estimate of $204.00 and a low estimate of $168.00. The average target implies an upside of 20.61% from the current price of $153.72. More detailed estimate data can be found on the Palomar Holdings Inc (PLMR) Forecast page.
Based on the consensus recommendation from 9 brokerage firms, Palomar Holdings Inc's (PLMR, Financial) average brokerage recommendation is currently 2.1, indicating "Outperform" status. The rating scale ranges from 1 to 5, where 1 signifies Strong Buy, and 5 denotes Sell.
Based on GuruFocus estimates, the estimated GF Value for Palomar Holdings Inc (PLMR, Financial) in one year is $150.89, suggesting a downside of 1.84% from the current price of $153.722. GF Value is GuruFocus' estimate of the fair value that the stock should be traded at. It is calculated based on the historical multiples the stock has traded at previously, as well as past business growth and the future estimates of the business' performance. More detailed data can be found on the Palomar Holdings Inc (PLMR) Summary page.