- Palomar Holdings reported third quarter 2026 revenue of US$386.59 million and net income of US$65.34 million, with basic earnings per share from continuing operations of US$2.48.
- Alongside underwriting profitability, Palomar Holdings combined higher gross written premiums with capital returns through dividends and ongoing share repurchases.
- These third quarter earnings and premium trends may influence how some investors view the Palomar Holdings investment narrative.
Scan how Palomar Holdings’ earnings, dividend and buyback story compares with other insurers by reviewing our curated list of 29 resilient stocks with low risk scores.
Palomar Holdings Investment Narrative Recap
To own Palomar Holdings, you need to be comfortable with a specialty insurer that is leaning into crop, casualty, and surety while keeping tight control of underwriting metrics. The analyst consensus Narrative on Simply Wall St assumes that this shift toward more attritional risk still supports high returns, provided expense discipline and pricing hold.
The latest quarter showed revenue of US$386.59 million, net income of US$65.34 million, and a combined ratio of 80.8%, so the short term focus is whether profitability can stay resilient as loss ratios trend higher. The biggest risk remains execution in newer lines and potential pricing pressure in commercial earthquake and large property accounts.
The fresh data point that matters most right now is the earnings release for the quarter and nine month period to September 30, 2026. Palomar Holdings reported US$386.59 million in quarterly revenue and US$979.95 million for the nine months, with net income of US$65.34 million for the quarter and US$160.87 million year to date.
Those figures sit alongside basic EPS from continuing operations of US$2.48 for the quarter and US$6.09 for the nine months, with diluted EPS at US$2.42 and US$5.93 respectively. For you as an investor, the key question is whether this earnings profile is enough to offset higher loss ratios and any rate pressure in key property lines.
Palomar Holdings is currently modeled to move from US$203.2 million in earnings today to US$296.0 million by 2029. Analysts are building that forecast off revenue that is expected to grow around 18.4% per year to reach about US$1.8b, which implies an earnings increase of roughly US$92.8 million over the period.
Uncover how Palomar Holdings' fair value indicates a 3% potential upside to its current price before the market closes that gap.
Exploring Other Perspectives
Three fair value views from the Simply Wall St Community span roughly US$163 to over US$302 per share, so retail opinions on Palomar Holdings sit very far apart. You are seeing this gap play out against risks around higher loss ratios and pricing pressure, while catalysts like AI driven underwriting tools and diversification could influence how future earnings quality is judged. Explore these contrasting viewpoints before considering how Palomar fits your portfolio.
Explore 2 other Palomar Holdings fair value estimates, including one that suggests it could be worth just $163.17.
Decide For Yourself
Don't just follow the ticker. Dig into the data and build a conviction that's truly your own.
- A great starting point for your Palomar Holdings research is our analysis highlighting 3 key rewards and 1 important warning sign that could impact your investment decision.
- See our latest analysis for Palomar Holdings. The report includes a comprehensive fundamental analysis summarized in a single visual, the Snowflake, making it easy to evaluate Palomar Holdings' overall financial health at a glance.
Looking For More Investment Ideas Beyond Palomar Holdings?
Once you have formed a view on Palomar Holdings, it can help to widen the lens and compare it with other companies that fit different risk and return profiles. The Simply Wall St Screener offers several angles you can use to build a shortlist that matches your own approach.
- If capital preservation is high on your list, start with companies that score well on resilience and risk using our 29 resilient stocks with low risk scores.
- If you want balance sheets that can handle tougher insurance cycles, filter for robust finances and steady fundamentals through the list of solid balance sheet and fundamentals (23 results).
- If you enjoy fishing where fewer people look, broaden your watchlist with a 20 high quality undiscovered gems that still show strong underlying business quality.
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