Palomar Holdings (PLMR) Stock Overview
A specialty insurance company, provides property and casualty insurance to individuals and businesses in the United States. More details
| Snowflake Score | |
|---|---|
| Valuation | 2/6 |
| Future Growth | 3/6 |
| Past Performance | 4/6 |
| Financial Health | 4/6 |
| Dividends | 1/6 |
PLMR Community Fair Values
Create NarrativeSee what 56 others think this stock is worth. Follow their fair value or set your own to get alerts.
Analyst Price Targets
Top Community Narratives
Palomar Holdings
77.0% undervalued intrinsic discount
Steady Growth in Specialty Insurance with Capital Discipline
View narrativeWI
Published 11 Aug 2025
Palomar Holdings, Inc. Competitors
Price History & Performance
| Historical stock prices | |
|---|---|
| Current Share Price | US$136.00 |
| 52 Week High | US$147.62 |
| 52 Week Low | US$100.81 |
| Beta | 0.38 |
| 1 Month Change | 4.54% |
| 3 Month Change | 17.16% |
| 1 Year Change | 16.70% |
| 3 Year Change | 166.67% |
| 5 Year Change | 59.03% |
| Change since IPO | 616.17% |
Recent News & Updates
Recent updates
Seeking Alpha • Jul 28
Palomar: What I Will Be Looking Out For In Q2 Results
Summary Palomar Holdings, Inc. has transformed from a pure earthquake insurer to a diversified specialty carrier, driving rapid premium and earnings growth. PLMR delivered a 32% CAGR in premiums and a 43% CAGR in net income over three years, with an adjusted ROE of 27%. Casualty, now PLMR's largest line, introduces long-tail reserving and social inflation risks, requiring close monitoring of loss ratios and MGA relationships. Weather-driven volatility in Crop and Inland Marine portfolios, especially amid 'Super El Nino' conditions, is a key risk for PLMR's 2026 performance. Read the full article on Seeking Alpha
Narrative Update • Jul 16
PLMR: Expanded Reinsurance And Raised 2026 Guidance Will Support Future Earnings
Palomar Holdings' analyst price target has shifted higher by about $7 to reflect updated views on its fair value, with analysts pointing to resilience in select insurance niches, adjusted guidance following reinsurance renewals, and refreshed models after recent earnings and sector pricing trends. Analyst Commentary Recent research on Palomar Holdings shows a mix of optimism and caution, with several firms updating price targets and models after earnings, reinsurance renewals, and broader P&C pricing trends.Narrative Update • Jun 22
PLMR: Expanded Reinsurance Coverage And Guidance Will Support Future Earnings Power
Analysts have nudged the implied fair value for Palomar Holdings higher, reflecting a blend of recent price target moves from $150 to $162, as well as updated views on the company's reinsurance coverage, earnings guidance, and loss ratios. Analyst Commentary Recent Street research on Palomar Holdings presents a mix of optimism around the company’s execution and risk transfer, alongside a few points of caution that matter for valuation and expectations.Narrative Update • Jun 05
PLMR: Expanded Reinsurance Capacity And Guidance Increase Will Support Pricing Upside
Analysts have nudged the base case fair value for Palomar Holdings to $154.17 from $155.33, reflecting updated assumptions for revenue growth, profit margins and future P/E, alongside recent price target revisions clustered around $150 to $162 following changes in reinsurance coverage and guidance. Analyst Commentary Recent research on Palomar Holdings clusters around updated price targets in the US$150 to US$162 range, with analysts reacting to new reinsurance arrangements, revised guidance and the latest quarterly update.Narrative Update • May 17
PLMR: Share Repurchases And Higher Future P/E Will Support Pricing Upside
Analysts have trimmed their average price target for Palomar Holdings by about $5 to $155, citing updated assumptions for fair value, discount rate, revenue growth, profit margins, and future P/E following a series of recent target revisions from the Street. Analyst Commentary Recent Street research on Palomar Holdings points to mixed views, with some analysts trimming targets and others lifting them as they refresh models after the latest earnings and guidance updates.Narrative Update • Feb 11
PLMR: Higher Future P/E Assumptions Will Support Commercial Line Pricing Upside
Analysts have nudged their average price target for Palomar Holdings slightly higher, with one firm raising its estimate to $171 from $170. The revision reflects updated assumptions on fair value, discount rate, revenue growth, profit margin, and future P/E.Narrative Update • Dec 15
PLMR: Lighter Property Renewals Will Support Commercial Line Pricing Upside Ahead
Analysts have reduced their price target on Palomar Holdings to $134 from $168, reflecting sector wide P&C headwinds, even as they point to an expected solid Q3 supported by a lighter mix of property renewals that could aid commercial line pricing. Analyst Commentary Bullish Takeaways Bullish analysts highlight that Q3 is tracking as a solid quarter, supporting the view that Palomar can continue to execute well despite broader insurance sector volatility.Narrative Update • Dec 01
PLMR: Lighter Property Renewals Will Support Commercial Line Pricing Ahead
Analysts have lowered their price target for Palomar Holdings to $134 from $168, citing mixed sector performance and adjustments in property renewals, even though there are expectations for a solid quarter. Analyst Commentary Analysts have provided a nuanced outlook for Palomar Holdings, reflecting both optimism regarding the company's near-term operating performance and caution about sector-wide challenges affecting valuation.Narrative Update • Nov 17
PLMR: Pricing Improvements In Commercial Lines Should Drive Improved Outlook
Narrative Update on Palomar Holdings Analysts have revised Palomar Holdings' price target downward from $153.33 to $160.00, citing a combination of slightly higher projected revenue growth, lower profit margin estimates, and noting that, while Q3 fundamentals remain solid, broader sector underperformance has tempered near-term optimism. Analyst Commentary Recent analyst assessments provide a nuanced outlook for Palomar Holdings, highlighting both supportive trends and areas of caution as pricing targets and sector forecasts are updated.Narrative Update • Oct 31
PLMR: Resilient Earnings And Buyback Program Will Drive Renewed Momentum
Palomar Holdings' analyst price target has been revised downward from $168 to $134, as analysts cite sector-wide valuation pressures, slow growth in key segments, and mixed stock performance even though the company reported solid quarterly results. Analyst Commentary Analyst sentiment on Palomar Holdings remains mixed following its latest financial results, with updated price targets reflecting both strengths and ongoing challenges within the company and its sector.Narrative Update • Oct 17
Climate Change And Underwriting Technology Will Secure Long-Term Stability
Analysts have lowered their average price target on Palomar Holdings by approximately $6 to $153, citing sector valuation pressures and adjustments for slower growth in certain business lines, despite ongoing earnings potential. Analyst Commentary Recent analyst updates have adjusted Palomar Holdings' price targets downward, reflecting evolving views on growth prospects and sector-wide valuation pressures.Narrative Update • Oct 03
Climate Change And Underwriting Technology Will Secure Long-Term Stability
Palomar Holdings’ analyst price target has been modestly reduced, with the consensus fair value moving from $165.33 to $159.67. Analysts cite softer growth projections and sector-wide valuation pressures for the adjustment.Narrative Update • Aug 07
Climate Change And Underwriting Technology Will Secure Long-Term Stability
With Palomar Holdings’ net profit margin and consensus revenue growth forecasts both remaining stable, the analyst price target has consequently held steady at $172.67. What's in the News Palomar Holdings announced a $150 million share repurchase program, valid through July 31, 2027.Analysis Article • Aug 02
Here's Why We Think Palomar Holdings (NASDAQ:PLMR) Is Well Worth Watching
The excitement of investing in a company that can reverse its fortunes is a big draw for some speculators, so even...Analysis Article • Jul 11
What You Can Learn From Palomar Holdings, Inc.'s (NASDAQ:PLMR) P/E
When close to half the companies in the United States have price-to-earnings ratios (or "P/E's") below 18x, you may...Analysis Article • May 16
Here's Why Palomar Holdings, Inc.'s (NASDAQ:PLMR) CEO May Deserve A Raise
Key Insights Palomar Holdings to hold its Annual General Meeting on 22nd of May Total pay for CEO Mac Armstrong...Analysis Article • Apr 25
With EPS Growth And More, Palomar Holdings (NASDAQ:PLMR) Makes An Interesting Case
It's common for many investors, especially those who are inexperienced, to buy shares in companies with a good story...Seeking Alpha • Apr 01
Palomar: Still Bullish Considering Recent M&A And Mid-Term Outlook
Summary I stick with my existing Buy rating for PLMR after assessing the company's latest inorganic growth transaction and its financial targets for the medium term. My view of Palomar's AgProtection takeover is favorable, as I think this will help its crop insurance business grow at a faster pace in the future. The company has the potential to expand its normalized net income by +100% in the coming three years. Read the full article on Seeking AlphaAnalysis Article • Feb 16
Upgrade: Analysts Just Made An Increase To Their Palomar Holdings, Inc. (NASDAQ:PLMR) Forecasts
Shareholders in Palomar Holdings, Inc. ( NASDAQ:PLMR ) may be thrilled to learn that the analysts have just delivered a...Seeking Alpha • Jan 20
Palomar: Shining Star In The Insurance Sector
Summary Palomar's unique focus on earthquake insurance has led to consistent growth, with drivers like the CEA's changing risk program. Management has supplemented the core business with specialty P&C lines and expansion into crop and surety markets. PLMR has shown disciplined risk management by reducing high-risk exposure in the hurricane lines. Read the full article on Seeking AlphaAnalysis Article • Jan 11
Palomar Holdings, Inc.'s (NASDAQ:PLMR) Price In Tune With Earnings
When close to half the companies in the United States have price-to-earnings ratios (or "P/E's") below 18x, you may...Analysis Article • Sep 13
Palomar Holdings, Inc.'s (NASDAQ:PLMR) Earnings Haven't Escaped The Attention Of Investors
Palomar Holdings, Inc.'s ( NASDAQ:PLMR ) price-to-earnings (or "P/E") ratio of 25.2x might make it look like a sell...
New Narrative • Sep 09
Expanding Insurance Segments And Strategic Acquisitions Set To Boost Revenue And Profitability
Strategy targets new insurance segments and niche markets for revenue growth through acquisitions and leveraging company resources.Shareholder Returns
| PLMR | US Insurance | US Market | |
|---|---|---|---|
| 7D | -1.1% | -2.0% | -0.1% |
| 1Y | 16.7% | 2.8% | 11.9% |
Return vs Industry: PLMR exceeded the US Insurance industry which returned 2.8% over the past year.
Return vs Market: PLMR exceeded the US Market which returned 11.9% over the past year.
Price Volatility
| PLMR volatility | |
|---|---|
| PLMR Average Weekly Movement | 5.8% |
| Insurance Industry Average Movement | 4.8% |
| Market Average Movement | 6.8% |
| 10% most volatile stocks in US Market | 15.1% |
| 10% least volatile stocks in US Market | 2.9% |
Stable Share Price: PLMR has not had significant price volatility in the past 3 months compared to the US market.
Volatility Over Time: PLMR's weekly volatility (6%) has been stable over the past year.
About the Company
| Founded | Employees | CEO | Website |
|---|---|---|---|
| 2013 | 439 | Mac Armstrong | plmr.com |
Palomar Holdings, Inc., a specialty insurance company, provides property and casualty insurance to individuals and businesses in the United States. The company offers personal and commercial specialty insurance products, including residential and commercial earthquake; fronting; and inland marine and other property products, such as inland marine, Hawaii hurricane, excess national property, residential flood, and other property products, as well as assumed reinsurance and crop insurance products. It markets and distributes its products through retail agents, program administrators, wholesale brokers, and strategic partnerships.
Palomar Holdings, Inc. Fundamentals Summary
| PLMR fundamental statistics | |
|---|---|
| Market cap | US$3.58b |
| Earnings (TTM) | US$203.16m |
| Revenue (TTM) | US$1.09b |
17.6x
P/E Ratio3.3x
P/S RatioIs PLMR overvalued?
See Fair Value and valuation analysisEarnings & Revenue
| PLMR income statement (TTM) | |
|---|---|
| Revenue | US$1.09b |
| Cost of Revenue | US$792.85m |
| Gross Profit | US$298.53m |
| Other Expenses | US$95.37m |
| Earnings | US$203.16m |
Last Reported Earnings
Jun 30, 2026
Next Earnings Date
n/a
| Earnings per share (EPS) | 7.72 |
| Gross Margin | 27.35% |
| Net Profit Margin | 18.61% |
| Debt/Equity Ratio | 30.2% |
How did PLMR perform over the long term?
See historical performance and comparisonDividends
1.3%
Current Dividend Yieldn/a
Payout RatioCompany Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2026/09/21 03:45 |
| End of Day Share Price | 2026/09/18 00:00 |
| Earnings | 2026/06/30 |
| Annual Earnings | 2025/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
| |
| Analyst Consensus Estimates | +3 years |
|
|
| Market Prices | 30 years |
| |
| Ownership | 10 years |
| |
| Management | 10 years |
| |
| Key Developments | 10 years |
|
* Example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.
Analysis Model and Snowflake
Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.
Learn about the who designed and built the Simply Wall St analysis model.
Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.
Analyst Sources
Palomar Holdings, Inc. is covered by 10 analysts. 7 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Tracy Dolin-Benguigui | Barclays |
| Matthew Carletti | Citizens JMP Securities, LLC |
| David Motemaden | Evercore ISI |