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Palomar Holdings NasdaqGS:PLMR Stock Report

Last Price

US$81.38

Market Cap

US$2.0b

7D

5.8%

1Y

62.9%

Updated

24 Apr, 2024

Data

Company Financials +

Palomar Holdings, Inc.

NasdaqGS:PLMR Stock Report

Market Cap: US$2.0b

PLMR Stock Overview

Palomar Holdings, Inc., a specialty insurance company, provides property and casualty insurance to residential and businesses in the United States.

PLMR fundamental analysis
Snowflake Score
Valuation2/6
Future Growth3/6
Past Performance5/6
Financial Health5/6
Dividends0/6

Palomar Holdings, Inc. Competitors

Price History & Performance

Summary of all time highs, changes and price drops for Palomar Holdings
Historical stock prices
Current Share PriceUS$81.38
52 Week HighUS$86.26
52 Week LowUS$46.09
Beta0.21
1 Month Change-1.01%
3 Month Change35.63%
1 Year Change62.89%
3 Year Change15.61%
5 Year Change306.90%
Change since IPO328.54%

Recent News & Updates

Financial Stock On The Move: Palomar Holdings (SA Quant)

Apr 15

Is Now The Time To Put Palomar Holdings (NASDAQ:PLMR) On Your Watchlist?

Apr 03
Is Now The Time To Put Palomar Holdings (NASDAQ:PLMR) On Your Watchlist?

Recent updates

Financial Stock On The Move: Palomar Holdings (SA Quant)

Apr 15

Is Now The Time To Put Palomar Holdings (NASDAQ:PLMR) On Your Watchlist?

Apr 03
Is Now The Time To Put Palomar Holdings (NASDAQ:PLMR) On Your Watchlist?

After Leaping 26% Palomar Holdings, Inc. (NASDAQ:PLMR) Shares Are Not Flying Under The Radar

Feb 24
After Leaping 26% Palomar Holdings, Inc. (NASDAQ:PLMR) Shares Are Not Flying Under The Radar

Palomar: Positive Guidance Isn't Fully Priced In

Feb 20

Investors Interested In Palomar Holdings, Inc.'s (NASDAQ:PLMR) Earnings

Jan 05
Investors Interested In Palomar Holdings, Inc.'s (NASDAQ:PLMR) Earnings

Do Palomar Holdings' (NASDAQ:PLMR) Earnings Warrant Your Attention?

Dec 09
Do Palomar Holdings' (NASDAQ:PLMR) Earnings Warrant Your Attention?

With EPS Growth And More, Palomar Holdings (NASDAQ:PLMR) Makes An Interesting Case

Jul 22
With EPS Growth And More, Palomar Holdings (NASDAQ:PLMR) Makes An Interesting Case

Palomar estimates $12.5M loss from Hurricane Ian for Q3

Oct 20

Here's Why Palomar Holdings (NASDAQ:PLMR) Has Caught The Eye Of Investors

Sep 23
Here's Why Palomar Holdings (NASDAQ:PLMR) Has Caught The Eye Of Investors

Do Palomar Holdings' (NASDAQ:PLMR) Earnings Warrant Your Attention?

Jun 20
Do Palomar Holdings' (NASDAQ:PLMR) Earnings Warrant Your Attention?

Palomar Holdings: Great Performance, But Still Giving Me The Shivers

Feb 26

Palomar Holdings, Inc. (NASDAQ:PLMR) Just Reported, And Analysts Assigned A US$78.86 Price Target

Feb 19
Palomar Holdings, Inc. (NASDAQ:PLMR) Just Reported, And Analysts Assigned A US$78.86 Price Target

What You Can Learn From Palomar Holdings, Inc.'s (NASDAQ:PLMR) P/E After Its 26% Share Price Crash

Dec 04
What You Can Learn From Palomar Holdings, Inc.'s (NASDAQ:PLMR) P/E After Its 26% Share Price Crash

Shareholder Returns

PLMRUS InsuranceUS Market
7D5.8%3.1%1.2%
1Y62.9%27.9%24.9%

Return vs Industry: PLMR exceeded the US Insurance industry which returned 28.5% over the past year.

Return vs Market: PLMR exceeded the US Market which returned 24.7% over the past year.

Price Volatility

Is PLMR's price volatile compared to industry and market?
PLMR volatility
PLMR Average Weekly Movement6.8%
Insurance Industry Average Movement3.9%
Market Average Movement6.0%
10% most volatile stocks in US Market16.6%
10% least volatile stocks in US Market3.0%

Stable Share Price: PLMR's share price has been volatile over the past 3 months.

Volatility Over Time: PLMR's weekly volatility (7%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
2013213Mac Armstrongplmr.com

Palomar Holdings, Inc., a specialty insurance company, provides property and casualty insurance to residential and businesses in the United States. The company offers personal and commercial specialty property insurance products, including residential and commercial earthquake, fronting, commercial all risk, specialty homeowners, inland marine, Hawaii hurricane, and residential flood, as well as other products, such as assumed reinsurance. It markets and distributes its products through retail agents, wholesale brokers, program administrators, and carrier partnerships.

Palomar Holdings, Inc. Fundamentals Summary

How do Palomar Holdings's earnings and revenue compare to its market cap?
PLMR fundamental statistics
Market capUS$2.04b
Earnings (TTM)US$79.20m
Revenue (TTM)US$375.93m

25.6x

P/E Ratio

5.4x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
PLMR income statement (TTM)
RevenueUS$375.93m
Cost of RevenueUS$253.60m
Gross ProfitUS$122.33m
Other ExpensesUS$43.13m
EarningsUS$79.20m

Last Reported Earnings

Dec 31, 2023

Next Earnings Date

May 02, 2024

Earnings per share (EPS)3.18
Gross Margin32.54%
Net Profit Margin21.07%
Debt/Equity Ratio11.2%

How did PLMR perform over the long term?

See historical performance and comparison
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