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PLMR

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

80.88USD-2.22 (-2.67%)Delayed as of 14 Jun 2024, 10:57 am ET

Market Summary

PLMR
USD80.88-2.22
Delayedas of 14 Jun 2024, 10:57 am
-2.67%

PLMR Alerts

  • 1 major insider buys and 3 major insider sales recently.
  • Big jump in Revenue (Y/Y)
  • Big jump in Earnings (Y/Y)

PLMR Stock Price

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PLMR RSI Chart

PLMR Valuation

Market Cap

2.1B

Price/Earnings (Trailing)

23.46

Price/Sales (Trailing)

5.11

EV/EBITDA

16.29

Price/Free Cashflow

15.72

PLMR Price/Sales (Trailing)

PLMR Profitability

EBT Margin

28.47%

Return on Equity

17.6%

Return on Assets

4.68%

Free Cashflow Yield

6.36%

PLMR Fundamentals

PLMR Revenue

Revenue (TTM)

405.3M

Rev. Growth (Yr)

32.88%

Rev. Growth (Qtr)

12.47%

PLMR Earnings

Earnings (TTM)

88.3M

Earnings Growth (Yr)

52.38%

Earnings Growth (Qtr)

1.88%

Breaking Down PLMR Revenue

52 Week Range

48.4682.35
(Low)(High)

Last 7 days

-3.7%

Last 30 days

-1.2%

Last 90 days

1.2%

Trailing 12 Months

46.8%

How does PLMR drawdown profile look like?

PLMR Financial Health

PLMR Investor Care

Shares Dilution (1Y)

0.26%

Diluted EPS (TTM)

3.49

Historical Charts for Stock Metrics

Get all data in R, Python etc through our Historical Stock Data APIs
Net sales
YearQ1Q2Q3Q4
2024405.3M000
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
201700059.5M
201600042.7M
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Tracking the Latest Insider Buys and Sells of Palomar Holdings Inc

Filter Transactions
Datesorted ascendingNameBuy/Sell$ ValueAvg. Price# SharesTitle
May 23, 2024
bradley daryl
acquired
-
-
1,224
-
May 23, 2024
taketa richard h
acquired
-
-
1,224
-
May 23, 2024
middleton daina
acquired
-
-
1,224
-
May 23, 2024
bradley thomas a
acquired
-
-
1,224
-
May 23, 2024
notaras martha
acquired
-
-
1,224
-
May 23, 2024
fallon catriona m.
acquired
-
-
1,224
-
May 21, 2024
armstrong mac
sold
-579,855
82.8365
-7,000
ceo and chairman
May 20, 2024
uchida t christopher
sold
-111,250
89.00
-1,250
chief financial officer
May 15, 2024
christianson jon
sold
-332,921
83.2303
-4,000
president
May 15, 2024
uchida t christopher
acquired
30,000
15.00
2,000
chief financial officer

1–10 of 50

Which funds bought or sold PLMR recently?

View All Details
Datesorted ascendingFund NameType% Chg$ Change$ Held% Portfolio
Jun 04, 2024
DekaBank Deutsche Girozentrale
new
-
59,000
59,000
-%
May 28, 2024
TEACHERS RETIREMENT SYSTEM OF THE STATE OF KENTUCKY
unchanged
-
232,000
686,000
0.01%
May 20, 2024
Virtu Financial LLC
sold off
-100
-338,000
-
-%
May 16, 2024
COMERICA BANK
reduced
-17.91
710,444
3,670,870
0.02%
May 16, 2024
Beacon Capital Management, LLC
new
-
922
922
-%
May 16, 2024
JANE STREET GROUP, LLC
reduced
-76.13
-666,922
376,145
-%
May 16, 2024
CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM
reduced
-5.2
624,520
2,070,520
-%
May 15, 2024
Voya Investment Management LLC
reduced
-31.51
332,086
9,951,120
0.01%
May 15, 2024
Nebula Research & Development LLC
new
-
288,208
288,208
0.06%
May 15, 2024
Parallax Volatility Advisers, L.P.
sold off
-100
-600,233
-
-%

1–10 of 47

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
May 28, 2024
8-K
Current Report
May 24, 2024
4
Insider Trading
May 24, 2024
4
Insider Trading
May 24, 2024
4
Insider Trading
May 24, 2024
4
Insider Trading
May 24, 2024
4
Insider Trading
May 24, 2024
4
Insider Trading
May 23, 2024
8-K
Current Report
May 21, 2024
4
Insider Trading
May 21, 2024
4
Insider Trading

Peers (Alternatives to Palomar Holdings Inc)

NameMkt Capsorted ascendingRevenuePrice %, 1MReturns, 1YP/EP/SRev 1-YrInc 1-Yr
LARGE-CAP
1.3T
1.3B
17.53% 3763.10%
-5.8K
916.93
-10.27% -34.69%
57.0B
10.6B
4.02% 24.31%
52.18
5.36
20.42% -6.04%
49.6B
19.3B
1.15% 26.95%
9.27
2.57
3.03% 17.35%
49.2B
48.4B
-6.71% 33.58%
10.19
1.02
-4.15% -20.63%
47.4B
42.9B
-4.85% 19.30%
15.1
1.11
13.52% 12.15%
37.2B
14.4B
1.26% 41.45%
7.68
2.58
32.92% 143.01%
10.5B
8.0B
-4.46% 9.19%
11.88
1.31
11.14% 7.56%
9.4B
12.6B
-6.04% 9.95%
7.13
0.75
4.24% -13.40%
MID-CAP
14.2B
3.2B
38.18% 196.25%
19.94
4.47
64.05% -34.59%
8.7B
11.4B
-5.19% 30.21%
11.42
0.77
9.81% 217.29%
5.3B
11.9B
4.34% 30.20%
3.91
0.44
-33.27% 234.43%
2.1B
1.3B
8.85% 51.28%
-38.4
1.65
18.74% 30.90%
SMALL-CAP
813.2M
308.9M
-8.62% -18.92%
13.18
2.63
3.79% 10.94%
585.2M
314.0M
-29.23% -8.80%
10.18
1.86
-29.20% -88.19%
38.8M
187.5M
2.23% -21.96%
-53.61
0.21
2.74% 73.83%

Palomar Holdings Inc News

Latest updates
MarketBeat29 hours ago
Yahoo Finance12 Jun 202401:21 pm
Yahoo Finance05 Jun 202401:40 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/Q2024Q12023Q42023Q32023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q42019Q32019Q22019Q1
Revenue12.5%11910591.0090.0089.0089.0081.0080.0078.0073.0068.0058.0049.0042.0045.0043.0038.0035.0030.0026.0022.00
EBITDA Margin2.2%0.30*0.30*0.29*0.24*0.23*0.22*0.22*0.21*0.22*0.25*0.16*0.07*---------
Interest Expenses-10.1%1.001.001.001.001.000.000.000.000.00----------1.000.00
Income Taxes5.4%8.008.006.005.005.006.001.004.005.005.00-0.123.003.00-0.56-6.163.003.004.002.002.000.00
Earnings Before Taxes2.7%34.0033.0025.0023.0023.0025.005.0018.0019.0021.000.0016.0020.00-2.40-21.8415.0015.0014.009.008.00-14.27
EBT Margin3.3%0.28*0.28*0.26*0.22*0.21*0.21*0.21*0.20*0.20*0.23*0.15*0.06*---------
Net Income1.9%26.0026.0018.0018.0017.0019.004.0015.0015.0017.000.0012.0017.00-1.85-15.6812.0012.0011.007.007.00-14.41
Net Income Margin3.4%0.22*0.21*0.20*0.17*0.16*0.16*0.16*0.15*0.16*0.19*0.13*0.06*---------
Free Cashflow48.7%33.0022.0071.006.0017.0075.0012.0033.0049.0051.0044.006.00---------
Balance Sheet
(In Millions)
Balance Sheet
(In Millions)
(*) denotes actual numbers (not divided by Millions)
Description(%) Q/Q2024Q12023Q42023Q32023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q42019Q32019Q22019Q1
Assets10.3%1,8851,7081,6261,5461,4411,3061,2161,051957926877830826729700584444395373349246
    Cash Equivalents19.1%61.0052.0053.0058.0080.0068.0030.0037.0047.004.0042.0026.0024.007.0014.0011024.0033.0017.0015.0011.00
  Net PPE-16.4%0.000.000.000.001.001.001.001.000.001.001.001.001.001.001.001.001.001.001.001.001.00
Liabilities11.8%1,3831,2371,2051,1331,036922849673577532499453449365338209183177164150144
Shareholder's Equity6.5%502471421414405385368378380394378377376364362375261219208200102
  Retained Earnings18.2%17114511910798.0088.0080.0079.0072.0070.0053.0053.0057.0040.0042.0058.0046.0034.0023.0016.009.00
  Additional Paid-In Capital1.9%35735134634133733433032632231931631431331130930821618018017992.00
Shares Outstanding0.6%25.0025.0025.0025.0025.0025.0025.0025.0025.0025.0025.0026.00---------
Float----1,408---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/Q2024Q12023Q42023Q32023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q42019Q32019Q22019Q1
Cashflow From Operations48.7%33,12522,27070,6335,76617,43775,03911,74533,60949,19050,78444,0975,987-13,05413,32319,6712,69521,8048,85218,76614,4362,457
  Share Based Compensation-------------93871055146444242641030622,961
Cashflow From Investing32.9%-16,331-24,322-51,249-19,007-33,900-35,385-19,925-46,479-55,018-42,383-28,99911,3781,8165,966-116,293-8,184-66,8747,596-16,733-77,8703,630
Cashflow From Financing-1217.2%-6,882616-24,700-8,51528,659-1,0341,2162,4382,397336917-15,5941,30030187691,27235,880-1.00-12.0067,424-5,120
  Buy Backs-100.0%-1326,5708,7386,82611,1423,0007,28412,989------------
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PLMR Income Statement

2024-03-31
Condensed Consolidated Statements of Income and Comprehensive Income (Loss) (Unaudited) - USD ($)
$ in Thousands
3 Months Ended
Mar. 31, 2024
Mar. 31, 2023
Revenues:  
Gross written premiums[1]$ 368,078$ 250,112
Ceded written premiums(228,171)(170,344)
Net written premiums139,90779,768
Change in unearned premiums(32,041)3,473
Net earned premiums107,86683,241
Net investment income7,1395,120
Net realized and unrealized gains on investments3,002146
Commission and other income528695
Total revenues118,53589,202
Expenses:  
Losses and loss adjustment expenses26,83720,652
Acquisition expenses, net of ceding commissions and fronting fees31,79825,679
Other underwriting expenses24,80419,222
Interest expense7401,020
Total expenses84,17966,573
Income before income taxes34,35622,629
Income tax expense7,9745,316
Net income26,38217,313
Other comprehensive income, net:  
Net unrealized (losses) gains on securities available for sale(2,514)5,474
Net comprehensive income$ 23,868$ 22,787
Per Share Data:  
Basic earnings per share (in dollars per share)$ 1.06$ 0.69
Diluted earnings per share (in dollars per share)$ 1.04$ 0.68
Weighted-average common shares outstanding:  
Basic (in shares)24,862,36724,969,703
Diluted (in shares)25,468,56425,442,902
[1]Beginning in 2024, the Company has updated the categorization of its products to align with management's current strategy and view of the business. Prior year amounts have been reclassified for comparability purposes. The recategorization is for presentation purposes only and does not impact overall gross written premiums.

PLMR Balance Sheet

2024-03-31
Condensed Consolidated Balance Sheets (Current Period Unaudited) - USD ($)
$ in Thousands
Mar. 31, 2024
Dec. 31, 2023
Investments:  
Fixed maturity securities available for sale, at fair value (amortized cost: $697,505 in 2024; $675,130 in 2023)$ 662,992$ 643,799
Equity securities, at fair value (cost: $32,785 in 2024; $43,003 in 2023)37,17143,160
Equity method investment2,5972,617
Other investments1,8710
Total investments704,631689,576
Cash and cash equivalents61,38751,546
Restricted cash377306
Accrued investment income5,1925,282
Premiums receivable322,723261,972
Deferred policy acquisition costs, net of ceding commissions and fronting fees66,50860,990
Reinsurance recoverable on paid losses and loss adjustment expenses28,54232,172
Reinsurance recoverable on unpaid losses and loss adjustment expenses292,024244,622
Ceded unearned premiums298,975265,808
Prepaid expenses and other assets82,67972,941
Deferred tax assets, net9,40810,119
Property and equipment, net312373
Goodwill and intangible assets, net11,92612,315
Total assets1,884,6841,708,022
Liabilities:  
Accounts payable and other accrued liabilities39,63742,376
Reserve for losses and LAE gross of reinsurance recoverables on unpaid losses and LAE at end of period402,187342,275
Unearned premiums662,307597,103
Ceded premium payable215,329181,742
Funds held under reinsurance treaty13,71613,419
Income taxes payable6,8507,255
Borrowings from credit agreements43,00052,600
Total liabilities1,383,0261,236,770
Stockholders' equity:  
Preferred stock, $0.0001 par value, 5,000,000 shares authorized, 0 shares issued and outstanding as of March 31, 2024 and December 31, 202300
Common stock, $0.0001 par value, 500,000,000 shares authorized, 24,921,060 and 24,772,987 shares issued and outstanding as of March 31, 2024 and December 31, 2023, respectively33
Additional paid-in capital357,135350,597
Accumulated other comprehensive loss(26,505)(23,991)
Retained earnings171,025144,643
Total stockholders' equity501,658471,252
Total liabilities and stockholders' equity$ 1,884,684$ 1,708,022
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
 WEBSITEhttps://plmr.com
 INDUSTRYInsurance Property & Casualty
 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 Thu Jun 13 2024, market cap of Palomar Holdings Inc is 2.07 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 Thu Jun 13 2024, PLMR's PE ratio (Price to Earnings) is 23.46 and Price to Sales (PS) ratio is 5.11. 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.