It has been about a month since the last earnings report for Palomar (PLMR). Shares have added about 12% in that time frame, outperforming the S&P 500.
Will the recent positive trend continue leading up to its next earnings release, or is Palomar due for a pullback? Before we dive into how investors and analysts have reacted as of late, let's take a quick look at the most recent earnings report in order to get a better handle on the important catalysts.
How Have Estimates Been Moving Since Then?
It turns out, fresh estimates have trended upward during the past month.
VGM Scores
At this time, Palomar has a nice Growth Score of B, though it is lagging a bit on the Momentum Score front with a C. However, the stock was allocated a grade of F on the value side, putting it in the bottom 20% quintile for this investment strategy.
Overall, the stock has an aggregate VGM Score of C. If you aren't focused on one strategy, this score is the one you should be interested in.
Outlook
Estimates have been broadly trending upward for the stock, and the magnitude of these revisions looks promising. It comes with little surprise Palomar has a Zacks Rank #1 (Strong Buy). We expect an above average return from the stock in the next few months.
Performance of an Industry Player
Palomar belongs to the Zacks Insurance - Property and Casualty industry. Another stock from the same industry, The Hartford Insurance Group (HIG), has gained 2.7% over the past month. More than a month has passed since the company reported results for the quarter ended March 2025.
The Hartford Insurance Group reported revenues of $4.75 billion in the last reported quarter, representing a year-over-year change of +9.6%. EPS of $2.20 for the same period compares with $2.34 a year ago.
For the current quarter, The Hartford Insurance Group is expected to post earnings of $2.78 per share, indicating a change of +11.2% from the year-ago quarter. The Zacks Consensus Estimate has changed -0.5% over the last 30 days.
The overall direction and magnitude of estimate revisions translate into a Zacks Rank #3 (Hold) for The Hartford Insurance Group. Also, the stock has a VGM Score of B.
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Palomar Holdings, Inc. (PLMR): Free Stock Analysis Report The Hartford Insurance Group, Inc. (HIG): Free Stock Analysis ReportThis article originally published on Zacks Investment Research (zacks.com).
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