Palomar (PLMR) Down 1.4% Since Last Earnings Report: Can It Rebound?
Palomar Holdings (PLMR) reported Q2 2026 earnings that beat consensus estimates with operating income of $2.36 per share (up 34.1% YoY) and revenues of $307.7 million (up 57.9% YoY). Strong net earned premiums and investment income drove results, though elevated losses and underwriting expenses pressured margins. The company initiated a quarterly dividend of $0.45 per share and provided 2026 guidance of $270-$280 million adjusted net income. Despite strong fundamentals, shares have underperformed the S&P 500 over the past month.