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PLMR

PLMR - Palomar Holdings Inc Stock Price, Fair Value and News

75.76USD+0.48 (+0.64%)Market Closed
Watchlist

Market Summary

USD75.76+0.48
Market Closed
0.64%

PLMR Alerts

  • 2 major insider sales recently.

PLMR Stock Price

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PLMR RSI Chart

PLMR Valuation

Market Cap

1.9B

Price/Earnings (Trailing)

23.7

Price/Sales (Trailing)

4.99

EV/EBITDA

16.36

Price/Free Cashflow

16.17

PLMR Price/Sales (Trailing)

PLMR Profitability

EBT Margin

27.57%

Return on Equity

16.81%

Return on Assets

4.64%

Free Cashflow Yield

6.19%

PLMR Fundamentals

PLMR Revenue

Revenue (TTM)

375.9M

Rev. Growth (Yr)

18.92%

Rev. Growth (Qtr)

15.9%

PLMR Earnings

Earnings (TTM)

79.2M

Earnings Growth (Yr)

38.04%

Earnings Growth (Qtr)

40.49%

Breaking Down PLMR Revenue

Last 7 days

21.8%

Last 30 days

18.2%

Last 90 days

24.8%

Trailing 12 Months

48.0%

How does PLMR drawdown profile look like?

PLMR Financial Health

PLMR Investor Care

Buy Backs (1Y)

1.02%

Diluted EPS (TTM)

3.13

Historical Charts for Stock Metrics

Get all data in R, Python etc through our Historical Stock Data APIs
Net sales
YearQ1Q2Q3Q4
2023338.2M348.9M359.2M375.9M
2022276.7M298.6M311.6M327.1M
2021179.7M194.3M216.9M247.8M
2020129.0M146.3M160.8M168.5M
201976.8M82.8M94.3M113.3M
201862.8M66.2M69.6M73.0M
201746.9M51.1M55.3M59.5M
201600042.7M

Tracking the Latest Insider Buys and Sells of Palomar Holdings Inc

Filter Transactions
Datesorted ascendingNameBuy/Sell$ ValueAvg. Price# SharesTitle
Feb 16, 2024
uchida t christopher
sold
-55,770
74.36
-750
chief financial officer
Feb 15, 2024
uchida t christopher
sold
-50,250
67.00
-750
chief financial officer
Feb 14, 2024
uchida t christopher
acquired
15,000
15.00
1,000
chief financial officer
Feb 14, 2024
uchida t christopher
sold
-59,450
59.45
-1,000
chief financial officer
Feb 14, 2024
christianson jon
sold
-120,000
60.00
-2,000
president
Jan 31, 2024
johnson michelle antoinette
acquired
-
-
692
chief people & prod. officer
Jan 31, 2024
armstrong mac
sold
-91,212
59.1905
-1,541
ceo and chairman
Jan 31, 2024
knutzen jonathan
acquired
-
-
890
chief risk officer
Jan 31, 2024
johnson michelle antoinette
sold
-14,797
59.1902
-250
chief people & prod. officer
Jan 31, 2024
christianson jon
acquired
-
-
995
president

1–10 of 50

Which funds bought or sold PLMR recently?

View All Details
Datesorted ascendingFund NameType% Chg$ Change$ Held% Portfolio
Feb 20, 2024
Quarry LP
new
-
12,488
12,488
-%
Feb 16, 2024
GSA CAPITAL PARTNERS LLP
sold off
-100
-438,000
-
-%
Feb 16, 2024
PRICE T ROWE ASSOCIATES INC /MD/
reduced
-35.23
-5,007,000
12,159,000
-%
Feb 15, 2024
ATLAS CAPITAL ADVISORS LLC
added
65.07
5,527,460
12,392,300
1.79%
Feb 15, 2024
Legal & General Group Plc
reduced
-0.93
295,324
3,836,050
-%
Feb 15, 2024
E. Ohman J:or Asset Management AB
sold off
-100
-761,250
-
-%
Feb 15, 2024
State of Wyoming
added
15.57
7,138
34,188
0.01%
Feb 15, 2024
Farther Finance Advisors, LLC
added
1,460
4,075
4,329
-%
Feb 15, 2024
JANE STREET GROUP, LLC
added
66.81
471,266
1,043,070
-%
Feb 15, 2024
BARCLAYS PLC
added
163
1,437,000
2,201,000
-%

1–10 of 46

Are Funds Buying or Selling PLMR?

Are funds buying PLMR calls or puts?
Calls
Puts
No. of funds holding Calls - Puts
Net Call Options
No. of funds that own PLMR
No. of Funds

Unveiling Palomar Holdings Inc's Major ShareHolders

Date FiledName of FilerPercent of ClassNo. of SharesForm Type
Feb 13, 2024
champlain investment partners, llc
5.14%
1,271,180
SC 13G
Feb 13, 2024
vanguard group inc
9.55%
2,363,067
SC 13G/A
Jan 22, 2024
blackrock inc.
16.2%
4,015,733
SC 13G/A
Feb 10, 2023
amundi
0.0%
914
SC 13G/A
Feb 09, 2023
vanguard group inc
9.02%
2,276,208
SC 13G/A
Jan 23, 2023
blackrock inc.
15.3%
3,868,622
SC 13G/A
Feb 14, 2022
amundi
5.5%
1,393,097
SC 13G/A
Jan 27, 2022
blackrock inc.
14.2%
3,601,274
SC 13G/A
Jan 26, 2022
blackrock inc.
14.2%
3,601,274
SC 13G/A
Feb 16, 2021
amundi
5.0%
1,275,179
SC 13G

Recent SEC filings of Palomar Holdings Inc

View All Filings
Date Filed Form Type Document
Feb 23, 2024
10-K
Annual Report
Feb 23, 2024
S-8
Employee Benefits Plan
Feb 16, 2024
144
Notice of Insider Sale Intent
Feb 16, 2024
4
Insider Trading
Feb 16, 2024
4
Insider Trading
Feb 15, 2024
144
Notice of Insider Sale Intent
Feb 14, 2024
144
Notice of Insider Sale Intent
Feb 14, 2024
144
Notice of Insider Sale Intent
Feb 14, 2024
8-K
Current Report
Feb 13, 2024
SC 13G
Major Ownership Report

What is the Fair Value of PLMR?

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Disclaimer: Conduct thorough research and seek guidance from a certified financial advisor prior to finalizing any investment choices.

Peers (Alternatives to Palomar Holdings Inc)

NameMkt Capsorted ascendingRevenuePrice %, 1MReturns, 1YP/EP/SRev 1-YrInc 1-Yr
LARGE-CAP
53.1B
10.1B
1.88% 23.00%
54.71
5.27
17.79% -12.97%
50.4B
41.4B
11.23% 17.09%
16.86
1.22
12.15% 5.24%
48.6B
46.8B
3.76% 14.99%
13.33
1.04
-17.07% -64.55%
47.0B
18.7B
-4.06% 14.27%
10.09
2.51
-2.30% 10.90%
33.8B
1.4B
-2.02% 3200.44%
-180.11
23.51
-25.27% -3.53%
32.6B
13.6B
10.84% 34.09%
7.33
2.39
40.88% 200.83%
MID-CAP
10.5B
7.8B
3.88% -7.53%
12.38
1.35
11.18% -5.12%
9.7B
12.4B
7.43% 14.77%
7.53
0.78
3.29% -2.31%
9.3B
11.1B
5.52% 30.93%
14.43
0.83
9.21% 132.28%
4.6B
11.6B
-1.55% -17.34%
-6.17
0.4
-38.09% -155.38%
4.4B
2.4B
-0.25% 16.81%
6.2
1.8
30.03% -65.62%
SMALL-CAP
1.6B
1.2B
11.58% -9.43%
-15.39
1.36
32.00% -553.83%
972.2M
306.9M
8.27% -6.39%
15.65
3.17
4.11% 11.70%
751.1M
413.5M
-0.25% -2.80%
3.85
1.82
22.34% -40.00%
55.1M
185.3M
-7.28% 1.59%
17.75
0.3
-3.68% -1.30%

Palomar Holdings Inc News

Latest updates
MarketBeat7 hours ago
Seeking Alpha20 Feb 202402:20 pm
Yahoo Finance17 Feb 202404:41 am
The Motley Fool15 Feb 202411:46 pm

Palomar Holdings Inc Earnings Report: Key Takeaways & Analysis

Income Statement (Last 12 Months)
(In Thousands)
Income Statement (Quarterly)
(In Thousands)
(*) denotes actual numbers (not divided by Thousands)
Description(%) Q/Q2023Q42023Q32023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q42019Q32019Q22019Q12018Q4
Revenue15.9%10591.0090.0089.0089.0081.0080.0078.0073.0068.0058.0049.0042.0045.0043.0038.0035.0030.0026.0022.0016.00
EBITDA Margin3.8%0.30*0.29*0.24*0.23*0.22*0.22*0.21*0.22*0.25*0.16*0.07*0.08*---------
Interest Expenses-5.0%1.001.001.001.000.000.000.000.00----------1.000.001.00
Income Taxes23.9%8.006.005.005.006.001.004.005.005.00-0.123.003.00-0.56-6.163.003.004.002.002.000.00-0.01
Earnings Before Taxes36.4%33.0025.0023.0023.0025.005.0018.0019.0021.000.0016.0020.00-2.40-21.8415.0015.0014.009.008.00-14.274.00
EBT Margin4.1%0.28*0.26*0.22*0.21*0.21*0.21*0.20*0.20*0.23*0.15*0.06*0.06*---------
Net Income40.5%26.0018.0018.0017.0019.004.0015.0015.0017.000.0012.0017.00-1.85-15.6812.0012.0011.007.007.00-14.414.00
Net Income Margin5.0%0.21*0.20*0.17*0.16*0.16*0.16*0.15*0.16*0.19*0.13*0.06*0.06*---------
Free Cashflow-68.5%22.0071.006.0017.0075.0012.0033.0049.0051.0044.006.00-13.10---------
Balance Sheet
(In Millions)
Balance Sheet
(In Millions)
(*) denotes actual numbers (not divided by Millions)
Description(%) Q/Q2023Q42023Q32023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q42019Q32019Q22019Q12018Q4
Assets5.0%1,7081,6261,5461,4411,3061,2161,051957926877830826729700584444395373349246231
    Cash Equivalents-2.2%52.0053.0058.0080.0068.0030.0037.0047.0050.0042.0026.0024.0034.0014.0011024.0033.0017.0015.0011.0010.00
  Net PPE-13.9%0.000.000.001.001.001.001.000.001.001.001.001.001.001.001.001.001.001.001.001.001.00
Liabilities2.6%1,2371,2051,1331,036922849673577532499453449365338209183177164150144135
Shareholder's Equity11.8%47142141440538536837838039437837737636436237526121920820010296.00
  Retained Earnings21.7%14511910798.0088.0080.0079.0072.0070.0053.0053.0057.0040.0042.0058.0046.0034.0023.0016.009.0028.00
  Additional Paid-In Capital1.4%35134634133733433032632231931631431331130930821618018017992.0068.00
Shares Outstanding0.2%25.0025.0025.0025.0025.0025.0025.0025.0025.0025.0026.0026.00---------
Float-------1,564---1,823---2,054---175--
Cashflow (Last 12 Months)
(In Thousands)
Cashflow (Quarterly)
(In Thousands)
(*) denotes actual numbers (not divided by Thousands)
Description(%) Q/Q2023Q42023Q32023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q42019Q32019Q22019Q12018Q4
Cashflow From Operations-68.5%22,27070,6335,76617,43775,03911,74533,60949,19050,78444,0975,987-13,05413,32319,6712,69521,8048,85218,76614,4362,4576,995
  Share Based Compensation------------93871055146444242641030622,961-
Cashflow From Investing52.5%-24,322-51,249-19,007-33,900-35,385-19,925-46,479-55,018-42,383-28,99911,3781,8165,966-116,293-8,184-66,8747,596-16,733-77,8703,630-6,607
Cashflow From Financing102.5%616-24,700-8,51528,659-1,0341,2162,4382,397336917-15,5941,30030187691,27235,880-1.00-12.0067,424-5,120-
  Buy Backs-98.0%1326,5708,7386,82611,1423,0007,28412,989-------------

PLMR Income Statement

2023-09-30
Condensed Consolidated Statements of Income and Comprehensive Income (Loss) (Unaudited) - USD ($)
$ in Thousands
3 Months Ended9 Months Ended
Sep. 30, 2023
Sep. 30, 2022
Sep. 30, 2023
Sep. 30, 2022
Revenues:    
Gross written premiums$ 313,998$ 253,128$ 838,406$ 642,751
Ceded written premiums(203,336)(161,930)(542,789)(374,109)
Net written premiums110,66291,198295,617268,642
Change in unearned premiums(24,845)(13,256)(43,453)(34,403)
Net earned premiums85,81777,942252,164234,239
Net investment income6,0293,74416,6909,462
Net realized and unrealized losses on investments(1,376)(2,356)(103)(8,369)
Commission and other income4651,3621,7813,129
Total revenues90,93580,692270,532238,461
Expenses:    
Losses and loss adjustment expenses16,13930,90054,69660,251
Acquisition expenses, net of ceding commissions and fronting fees27,00427,21078,74083,928
Other underwriting expenses22,39017,11463,96251,233
Interest expense8672702,952475
Total expenses66,40075,494200,350195,887
Income before income taxes24,5355,19870,18242,574
Income tax expense6,10391216,8779,163
Net income18,4324,28653,30533,411
Other comprehensive income (loss), net:    
Net unrealized losses on securities available for sale(8,494)(15,412)(6,706)(47,941)
Net comprehensive income (loss)$ 9,938$ (11,126)$ 46,599$ (14,530)
Per Share Data:    
Basic earnings per share (in dollars per share)$ 0.75$ 0.17$ 2.15$ 1.32
Diluted earnings per share (in dollars per share)$ 0.73$ 0.17$ 2.1$ 1.29
Weighted-average common shares outstanding:    
Basic (in shares)24,740,45525,209,36824,847,16425,258,333
Diluted (in shares)25,244,82825,787,62525,340,60225,808,387

PLMR Balance Sheet

2023-09-30
Condensed Consolidated Balance Sheets (Current Period Unaudited) - USD ($)
$ in Thousands
Sep. 30, 2023
Dec. 31, 2022
Investments:  
Fixed maturity securities available for sale, at fair value (amortized cost: $647,579 in 2023; $561,580 in 2022)$ 591,907$ 515,064
Equity securities, at fair value (cost: $43,002 in 2023; $42,352 in 2022)39,83538,576
Equity method investment2,9230
Total investments634,665553,640
Cash and cash equivalents53,02668,108
Restricted cash26256
Accrued investment income4,8643,777
Premiums receivable242,082162,858
Deferred policy acquisition costs, net of ceding commissions and fronting fees58,96756,740
Reinsurance recoverable on paid losses and loss adjustment expenses48,00439,718
Reinsurance recoverable on unpaid losses and loss adjustment expenses232,170153,895
Ceded unearned premiums259,760204,084
Prepaid expenses and other assets65,75344,088
Deferred tax assets, net13,64310,622
Property and equipment, net433603
Goodwill and intangible assets, net12,7058,261
Total assets1,626,3341,306,450
Liabilities:  
Accounts payable and other accrued liabilities32,53225,760
Reserve for losses and loss adjustment expenses324,348231,415
Unearned premiums570,453471,314
Ceded premium payable211,025146,127
Funds held under reinsurance treaty14,04210,680
Borrowings from credit agreements52,60036,400
Total liabilities1,205,000921,696
Stockholders' equity:  
Preferred stock, $0.0001 par value, 5,000,000 shares authorized, 0 shares issued and outstanding as of September 30, 2023 and December 31, 202200
Common stock, $0.0001 par value, 500,000,000 shares authorized, 24,730,885 and 25,027,467 shares issued and outstanding as of September 30, 2023 and December 31, 2022, respectively33
Additional paid-in capital345,673333,558
Accumulated other comprehensive loss(43,221)(36,515)
Retained earnings118,87987,708
Total stockholders' equity421,334384,754
Total liabilities and stockholders' equity$ 1,626,334$ 1,306,450
PLMR
Palomar Holdings, Inc., an insurance holding 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. The company was formerly known as GC Palomar Holdings and changed its name to Palomar Holdings, Inc. The company was incorporated in 2013 and is headquartered in La Jolla, California.
 CEO
 WEBSITEplmr.com
 EMPLOYEES191

Palomar Holdings Inc Frequently Asked Questions


What is the ticker symbol for Palomar Holdings Inc? What does PLMR stand for in stocks?

PLMR is the stock ticker symbol of Palomar Holdings Inc. Every public company that trades on a stock exchange gets a ticker symbol.

What is the market capital of Palomar Holdings Inc (PLMR)?

As of Fri Feb 23 2024, market cap of Palomar Holdings Inc is 1.87 Billion. The market capitalization is calculated by multiplying the stock price with the number of shares outstanding.

What is the fair value of PLMR stock?

You can check PLMR's fair value in chart for subscribers.

What is the fair value of PLMR stock?

You can check PLMR's fair value in chart for subscribers. The fair value of Palomar Holdings Inc is provided for various growth and macro-economic scenarios from very pessimiatic to very optimistic assumptions. These fair values are estimates from Grufity's Fair Value model based on company's past performance. However, past performance of Palomar Holdings Inc is no guarantee of future performance. These fairvalue estimates should only be used as one of the inputs in your stock analysis. We provide model's historical fair value estimates for PLMR so that you know how good or bad the model has been in the past so you can discard it if needed. There are others that provide fair values of stocks such as wallmine, finbox, gurufocus and finviz. Most provide point in time estimates. We provide a history of our models fair value estimates so that you can get a sense of it's usefulness. Otherwise this data point is of little use.

Is Palomar Holdings Inc a good stock to buy?

The fair value guage provides a quick view whether PLMR is over valued or under valued. Whether Palomar Holdings Inc is cheap or expensive depends on the assumptions which impact Palomar Holdings Inc's fair value. We provide several scenarios of inflation and growth to encompass these range of assumptions for PLMR.

What is Palomar Holdings Inc's Price to Earnings (PE) and Price to sales (PS) ratio?

As of Fri Feb 23 2024, PLMR's PE ratio (Price to Earnings) is 26 and Price to Sales (PS) ratio is 5.22. The price to earnings and price to sales ratio are two most important valuation metrics for any company. PE ratio tell us the number of years of earnings investors are ready to pay for owning the company. Historically, S&P500 price to earnings ratio has fallen below 12 during periods of gloom and gone past 30 during periods of euphoria. PLMR PE ratio will change depending on the future growth rate expectations of investors.