Palomar Q4 adjusted EPS beats estimates

Palomar Holdings

11/02/2026 21:26

Overview

Specialty insurer's Q4 adjusted EPS beat analyst expectations

Adjusted net income for Q4 beat consensus

Company's gross written premiums rose 31.8% yr/yr

Outlook

Company expects full-year 2026 adjusted net income between $260 mln and $275 mln

Company estimates $8 mln to $12 mln in catastrophe losses for 2026

Result Drivers

PREMIUM GROWTH - Gross written premiums increased by 31.8% to $492.6 mln, driven by growth in casualty and crop insurance products

INVESTMENT INCOME - Net investment income rose 41.3% to $16.0 mln, primarily due to higher yields and increased investment balances

Key Details

Metric
Beat/Miss
Actual
Consensus Estimate
Q4 Gross written premiums
$492.63 mln
Q4 Adjusted EPS
Beat
$2.24
$2.09 (8 Analysts)
Q4 EPS
$2.06
Q4 Adjusted Net Income
Beat
$61.12 mln
$57.21 mln (7 Analysts)
Q4 Net Income
$56.17 mln


Analyst Coverage

The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 7 "strong buy" or "buy", 1 "hold" and no "sell" or "strong sell"

The average consensus recommendation for the property & casualty insurance peer group is "buy"

Wall Street's median 12-month price target for Palomar Holdings Inc is $168.00, about 30% above its February 10 closing price of $129.25

The stock recently traded at 15 times the next 12-month earnings vs. a P/E of 14 three months ago

Press Release: ID:nGNXqPMlS

For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact reuters.support@thomsonreuters.com.

(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)