KBW keeps USD 161.00 target for Palomar Holdings stock

Published on 10/20/2026 at 21:25 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Q2 revenue rose 56.40 percent to USD 314.42 million. Palomar Holdings stock costs EUR 124.40 on October 20, 2026, up 1.51 percent versus Frankfurt close.

Analyst target and earnings

KBW maintained a USD 161.00 target and Buy rating on October 12, 2026.
Second-quarter revenue reached USD 314.42 million, up 56.40 percent year over year.
Palomar Holdings stock costs EUR 124.40 at Lang & Schwarz on October 20, 2026 at 9:19 p.m. CEST, 1.51 percent above the Frankfurt close of October 19, 2026.
Palomar Holdings is scheduled to report third-quarter results on November 4, 2026.

PLMR, US69753M1053, Illustration mit AI erstellt.

Palomar Holdings (ISIN US69753M1053) is trading at EUR 124.40 at Lang & Schwarz on October 20, 2026 at 9:19 p.m. CEST, up 1.51 percent versus the Frankfurt close of October 19, 2026. On October 12, 2026, KBW analyst Meyer Shields maintained a Buy rating and a USD 161.00 price target, according to Markets Insider. The target is 15.37 percent above the USD 139.56 Nasdaq price recorded at 3:24 p.m. ET.

Revenue growth sets the pace

Palomar reported USD 314.42 million of revenue for the second quarter of 2026 and USD 52.59 million of net income. Revenue was up 56.40 percent from USD 201.03 million in the second quarter of 2025, while net income rose 13.02 percent from USD 46.53 million, according to Markets Insider. The figures show faster premium expansion than bottom-line growth during the reported quarter.

Stock remains below its yearly high

The Nasdaq price of USD 139.56 on October 20, 2026 stood 5.46 percent below the 52-week high of USD 147.62 and 28.32 percent above the 52-week low of USD 100.81. Trading volume was 81,157 shares at the timestamp. Palomar's market capitalization was USD 3.7 billion and its price-to-earnings ratio was 18.79.

What date comes next?

Palomar Holdings is scheduled to announce its third-quarter 2026 results after the market closes on November 4, 2026, with normalized earnings per share estimated at USD 2.61 and GAAP earnings per share at USD 2.11, according to Seeking Alpha. The next report will give investors a new test of whether the second-quarter revenue pace can continue.

Comparison with peers

Palomar Holdings: up 1.26 percent on Nasdaq, price-to-earnings ratio 18.79, market capitalization USD 3.7 billion.

The Progressive Corporation (NYSE, USD): up 0.80 percent, price-to-earnings ratio 11.14, market capitalization USD 128.3 billion.

The Allstate Corporation (NYSE, USD): up 0.64 percent, price-to-earnings ratio 4.97, market capitalization USD 62.8 billion.

Analyst target frames the valuation

The USD 161.00 KBW target sits above the latest Nasdaq price, while the company trades at a higher price-to-earnings ratio than both comparison insurers. That gap places the emphasis on Palomar's ability to convert strong revenue growth into sustained earnings expansion.

Palomar Holdings was trading at EUR 124.40 at Lang & Schwarz on October 20, 2026 at 9:19 p.m. CEST, up 1.51 percent versus the Frankfurt close of October 19, 2026 at EUR 122.55. The further course of trading is shown by the continuously updated real-time quote of Palomar Holdings stock.