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Palomar Holdings NasdaqGS:PLMR Stock Report

Last Price

US$93.94

Market Cap

US$2.5b

7D

5.2%

1Y

84.4%

Updated

20 Aug, 2024

Data

Company Financials +

Palomar Holdings, Inc.

NasdaqGS:PLMR Stock Report

Market Cap: US$2.5b

PLMR Stock Overview

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 Growth5/6
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$93.94
52 Week HighUS$96.44
52 Week LowUS$48.08
Beta0.30
11 Month Change5.80%
3 Month Change13.45%
1 Year Change84.45%
33 Year Change8.10%
5 Year Change182.02%
Change since IPO394.68%

Recent News & Updates

Recent updates

Here's Why We Think Palomar Holdings (NASDAQ:PLMR) Might Deserve Your Attention Today

Jul 14
Here's Why We Think Palomar Holdings (NASDAQ:PLMR) Might Deserve Your Attention Today

Market Participants Recognise Palomar Holdings, Inc.'s (NASDAQ:PLMR) Earnings

Jun 14
Market Participants Recognise Palomar Holdings, Inc.'s (NASDAQ:PLMR) Earnings

Palomar: Above-Expectations Q1 Results Point To A Positive Outlook

May 06

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

Shareholder Returns

PLMRUS InsuranceUS Market
7D5.2%3.2%3.1%
1Y84.4%33.2%25.4%

Return vs Industry: PLMR exceeded the US Insurance industry which returned 32.9% over the past year.

Return vs Market: PLMR exceeded the US Market which returned 25.6% over the past year.

Price Volatility

Is PLMR's price volatile compared to industry and market?
PLMR volatility
PLMR Average Weekly Movement5.0%
Insurance Industry Average Movement4.0%
Market Average Movement6.3%
10% most volatile stocks in US Market15.0%
10% least volatile stocks in US Market3.2%

Stable Share Price: PLMR has not had significant price volatility in the past 3 months.

Volatility Over Time: PLMR's weekly volatility (5%) 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$2.48b
Earnings (TTM)US$96.44m
Revenue (TTM)US$445.93m

25.5x

P/E Ratio

5.5x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
PLMR income statement (TTM)
RevenueUS$445.93m
Cost of RevenueUS$302.00m
Gross ProfitUS$143.94m
Other ExpensesUS$47.50m
EarningsUS$96.44m

Last Reported Earnings

Jun 30, 2024

Next Earnings Date

n/a

Earnings per share (EPS)3.68
Gross Margin32.28%
Net Profit Margin21.63%
Debt/Equity Ratio0%

How did PLMR perform over the long term?

See historical performance and comparison