Welcome to our dedicated page for Palomar Holdings news (Ticker: $PLMR), a resource for investors and traders seeking the latest updates and insights on Palomar Holdings stock.
Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect Palomar Holdings's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.
Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of Palomar Holdings's position in the market.
Palomar Holdings, Inc. reported a strong first quarter in 2024 with a net income of $26.4 million, a 47.2% increase in gross written premiums, and adjusted net income growth of 36.0%. The company's underwriting results improved significantly, and it raised its full-year adjusted net income guidance to $113-118 million. Palomar continues to focus on profitable growth and aims to deliver industry-leading profitability and returns.