With 0.51 million shares changed hands, the volume of the stock remained heavier than its average volume of 0.17 million shares. During the session, the Insurance – Property & Casualty company that operates in wider Financial sector, reached to the highest price of $96.74 whereas the lowest price it dropped to was $94.35. The 52-week range on PLMR shows that it touched its highest point at $100.29 and its lowest point at $48.08 during that stretch. It currently has a 1-year price target of $105.50. Beta for the stock currently stands at 0.33.
Price Performance and Earnings:
Stock performance is one of the indicators that investors use to determine whether they will profit from a stock. The price performance of PLMR was up-trending over the past week, with a rise of 0.19%, but this was up by 0.73% over a month. Three-month performance surged to 21.56% while six-month performance rose 15.51%. The stock gained 77.85% in the past year, while it has gained 71.19% so far this year. A look at the trailing 12-month EPS for PLMR yields 3.79 with Next year EPS estimates of 5.74. For the next quarter, that number is 1.04. This implies an EPS growth rate of 28.73% for this year and 20.79% for next year. EPS is expected to grow by 22.50% annually over the next five years; however, over the past five years, the company experienced an annual growth rate of 32.14%.
Float and Shares Shorts:
At present, 26.21 million PLMR shares are outstanding with a float of 25.50 million shares on hand for trading. On 2024-08-30, short shares totaled 0.4 million, which was 152.0 higher than short shares on 1722384000. In addition to Mr. D. McDonald Armstrong as the firm’s Founder, CEO & Chairman of the Board, Mr. Jon Marcus Christianson serves as its President.
Institutional Ownership:
Through their ownership of 0.90007 of PLMR’s outstanding shares, institutional investors have minority control over the company.
Analysts Ratings:
Reading analyst opinions is an effective way to decide where to invest, and there are several opinions available for PLMR since 0 analysts follow the stock currently. In the same way, a target price assigned to a stock can also reveal much about its potential.
