Get started
Palomar Holdings, Inc.Palomar Holdings, Inc.Palomar Holdings, Inc.

Palomar Holdings, Inc.

No trades
See on Supercharts
Overview Financials News
Ideas
Discussions Technicals Forecast Seasonals

PLMR trade ideas

PLMR | Palomar HoldingsPalomar Holdings, Inc. is a specialty insurance company, which engages in the provision of property and casualty insurance products to individuals and businesses. The firm focuses on the residential and commercial earthquake markets in earthquake-exposed states such as California, Oregon, and Washington and states with exposure to the New Madrid Seismic Zone. It offers property and casualty insurance. The company was founded by Armstrong Mac and Fisher Heath in February 2014 and is headquartered in La Jolla, CA. Scanner Idea: Volume/Momentum/Top of Range
NASDAQ:PLMRLong
by techpers
PLMR | I Like This Entry | LONGPalomar Holdings, Inc., an insurance holding company, provides specialty property insurance to residential and commercial customers. The company offers personal and commercial specialty property insurance products, including residential and commercial earthquake, commercial all risk, specialty homeowners, inland marine, Hawaii hurricane, and residential flood, as well as other products, such as assumed reinsurance, commercial flood, real estate error and omission, and real estate investor products. It markets and distributes its products through retail agents, wholesale brokers, program administrators, and carrier partnerships. The company was formerly known as GC Palomar Holdings. Palomar Holdings, Inc. was incorporated in 2013 and is headquartered in La Jolla, California.
NASDAQ:PLMRLong
by DivergenceSeeker
PLMR - Stronger than LMND!-Palomar Holdings, Inc. PLMR reported second-quarter 2021 operating income of 51 cents per share, beating the Zacks Consensus Estimate by 2%. The bottom line declined 1.9% year over year. -Palomar witnessed improved premiums and net investment income, partially offset by higher expenses. -Total revenues improved 35.7% year over year to $57 million, mainly attributable to higher premiums, net investment income, and commission and other income. The top line beat the Zacks Consensus Estimate by 2.2%. -Gross written premiums increased 54.4% year over year to $129.4 million. Net written premiums surged 45.1% year over year to $77.8 million. -Net investment income increased 3.8% year over year to $2.2 million, driven by higher average balance of investments, partially offset by lower yields on invested assets. -Palomar witnessed underwriting income of $13 million, up 4.9% year over year. Results were impacted by $3.9 million of additional reinsurance charges from winter storm Uri.
NASDAQ:PLMRLong
by caldooninvestment
5
PLMR, Aroon Indicator entered an Uptrend on January 06, 2021.Over the last three days, Tickeron's A.I.dvisor has detected that PLMR's AroonUp green line (see chart) is above 70, while the AroonDown red line is below 30. When the green line goes above 70 while the red line stays below 30, this is an indicator that the stock could be poised for a strong Uptrend. For traders, this could mean going long the stock or exploring call options in the next month. Tickeron's A.I.dvisor backtested this indicator and found 125 similar cases, 119 of which were successful. Based on this data, the odds of success are 90%. Current price $97.28 crossed the support line at $93.17 and is trading between $97.66 support and $93.17 support lines. Throughout the month of 12/03/20 - 01/06/21, the price experienced a +37% Uptrend. During the week of 12/29/20 - 01/06/21, the stock enjoyed a +2% Uptrend growth. Bullish Trend Analysis The Moving Average Convergence Divergence (MACD) for PLMR just turned positive on December 07, 2020. Looking at past instances where PLMR's MACD turned positive, the stock continued to rise, Tickeron A.I. shows that in 16 of 17 cases over the following month. The odds of a continued upward trend are 90%. PLMR moved above its 50-day Moving Average on December 16, 2020 date and that indicates a change from a downward trend to an upward trend. The 10-day Moving Average for PLMR crossed bullishly above the 50-day moving average on December 23, 2020. This indicates that the trend has shifted higher and could be considered a buy signal. Tickeron A.I. detected that in 3 of 3 past instances when the 10-day crossed above the 50-day, the stock continued to move higher over the following month. The odds of a continued upward trend are 90%. Following a +4.26% 3-day Advance, the price is estimated to grow further. Considering data from situations where PLMR advanced for three days, in 118 of 126 cases, the price rose further within the following month. The odds of a continued upward trend are 90%. The Aroon Indicator entered an Uptrend today. Tickeron A.I. detected that in 119 of 125 cases where PLMR Aroon's Indicator entered an Uptrend, the price rose further within the following month. The odds of a continued Uptrend are 90%.
NASDAQ:PLMRLong
by AlTorress
PLMR, was a top quarterly gainer, rising +20.83%. Palomar Holdings (PLMR, $100.53) was one of top quarterly gainers, jumping +20.83% to $100.53 per share. Tickeron A.I.dvisor analyzed 46 stocks in the Property/Casualty Insurance Industry over the last three months, and discovered that 28 of them (61.11%) charted an Uptrend while 18 of them (38.89%) trended down. Tickeron A.I.dvisor found 172 similar cases when PLMR's price jumped over 15% within three months. In 152 out of those 172 cases, PLMR's price went up during the following month. Based on these historical data, Tickeron A.I. thinks the odds of an Uptrend continuation for PLMR are 88%. Current price $100.04 crossed the support line at $101.56 and is trading between $101.56 support and $90.73 resistance lines. Throughout the month of 08/18/20 - 09/18/20, the price experienced a -3% Downtrend. During the week of 09/11/20 - 09/18/20, the stock fell -4%. Bullish Trend Analysis PLMR may jump back above the lower band and head toward the middle band. Traders may consider buying the stock or exploring call options. The Aroon Indicator entered an Uptrend today. In 103 of 109 cases where PLMR Aroon's Indicator entered an Uptrend, the price rose further within the following month. The odds of a continued Uptrend are 90%.
NASDAQ:PLMRLong
by AlTorress