Palomar Holdings stock trades at USD 126.82 below its yearly high

Published on 10/08/2026 at 07:15 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Palomar Holdings stock posted adjusted EPS of USD 2.36 in Q2 2026, up from USD 1.76. Full-year adjusted net income guidance stands at USD 270 million to USD 280 million.

PLMR, US69753M1053, Illustration mit AI erstellt.

Palomar Holdings stock (ISIN US69753M1053) was last at USD 126.82 on NASDAQ on October 7, 2026 at 4:00 p.m. ET, leaving the specialty insurer 14.09 percent below its 52-week high of USD 147.62. The latest market reading puts the company at a capitalization of USD 3.4 billion.

Yearly high remains 14.09 percent away

The share price was down USD 0.06, or 0.05 percent, from the prior session, with volume at 254,452 shares on October 7, 2026. The 52-week range runs from USD 100.81 to USD 147.62, giving investors a clear measure of the distance to the recent peak.

That comparison matters because the stock is trading above its yearly low by USD 26.01 while remaining USD 20.80 below the high. The price therefore reflects a middle position in the annual range rather than a fresh extreme.

Q2 earnings raised the bar

Palomar's latest reported quarter was Q2 2026. According to The Globe and Mail on August 5, 2026, adjusted net income reached USD 63.8 million, up 31.4 percent from USD 48.5 million in Q2 2025.

Adjusted diluted EPS rose 34.1 percent year over year to USD 2.36 from USD 1.76. Gross written premium increased 27 percent to USD 630.5 million, while the adjusted combined ratio moved to 76.7 percent from 73.1 percent.

Management also raised full-year adjusted net income guidance to USD 270 million to USD 280 million. The midpoint implies 27 percent growth, but the higher loss ratio shows why growth in crop and casualty insurance must be matched by underwriting discipline.

Consensus target stands above the price

MarketBeat listed a Buy consensus on October 6, 2026, based on six analysts, with an average target of USD 162.75, a high target of USD 167.00 and a low target of USD 152.00. The average target lies 28.33 percent above the October 7 price.

The analyst view is supportive, but the operating mix adds a measurable counterweight. In Q2 2026, crop gross written premium grew 96 percent, while earthquake gross written premium declined 0.7 percent as commercial pricing remained competitive, according to The Globe and Mail.

Palomar Holdings stock stays below its yearly high

Palomar Holdings stock was last at USD 126.82 on NASDAQ on October 7, 2026 at 4:00 p.m. ET. The next valuation checkpoint is whether the elevated growth in crop and casualty premiums can offset the pressure visible in commercial earthquake pricing.