Palomar Holdings, Inc. Reports First Quarter 2019 Results
Palomar Holdings, Inc. - Common stock (PLMR)
Last palomar holdings, inc. - common stock earnings: 2/18 04:10 pm
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Source: GlobeNewswire
LA JOLLA, Calif., May 16, 2019 (GLOBE NEWSWIRE) -- Palomar Holdings, Inc. (NASDAQ:PLMR) (‘Palomar’ or the ‘Company’) reported a net loss of $14.4 million, or ($0.85) per diluted share, for the first quarter of 2019 compared to net income of $5.6 million, or $0.33 per diluted share, for the first quarter of 2018. Adjusted net income(1) was $8.8 million, or $0.52 per diluted share, for the first quarter of 2019 as compared to $5.6 million, or $0.33 per diluted share, for the first quarter of 2018. Adjusted net income for the first quarter of 2019 excludes initial public offering (‘IPO’) and tax restructuring expenses of $0.3 million, net of tax, and a stock based compensation charge of $23.0 million. First Quarter 2019 Highlights and comparison to the First Quarter of 2018 Gross written premium increased by 58.8% to $54.0 millionNet written premium increased by 37.8% to $27.9 millionNet loss of $14.4 million compared to net income of $5.6 million in the first quarter of 2018Adjust
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News
- Palomar Holdings Stock Surges 86.8% YTD: Will the Rally Last? [Yahoo! Finance]Yahoo! Finance
- Palomar Holdings, Inc. (NASDAQ: PLMR) had its price target raised by analysts at Keefe, Bruyette & Woods from $117.00 to $120.00. They now have an "outperform" rating on the stock.MarketBeat
- Palomar Holdings, Inc. (NASDAQ: PLMR) had its price target raised by analysts at Piper Sandler from $105.00 to $110.00. They now have an "overweight" rating on the stock.MarketBeat
- Palomar Holdings, Inc. Appoints Benson Latham EVP, Head of CropGlobeNewswire
- Palomar Holdings, Inc. (NASDAQ: PLMR) had its price target raised by analysts at JPMorgan Chase & Co. from $93.00 to $100.00. They now have a "neutral" rating on the stock.MarketBeat
PLMR
Earnings
- 11/4/24 - Beat
PLMR
Sec Filings
- 11/20/24 - Form 4
- 11/20/24 - Form 4
- 11/20/24 - Form 4
- PLMR's page on the SEC website