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NASDAQ: PLMR
Palomar Holdings Inc Stock

$76.90+0.43 (+0.56%)
Updated Apr 17, 2024
PLMR Price
$76.90
Fair Value Price
$79.20
Market Cap
$1.91B
52 Week Low
$46.09
52 Week High
$86.26
P/E
24.11x
P/B
4.06x
P/S
3.67x
PEG
0.77x
Dividend Yield
N/A
Revenue
$375.93M
Earnings
$79.20M
Gross Margin
80.7%
Operating Margin
28.57%
Profit Margin
21.1%
Debt to Equity
2.62
Operating Cash Flow
$116M
Beta
1.09
Next Earnings
May 1, 2024
Ex-Dividend
N/A
Next Dividend
N/A

PLMR Overview

Palomar Holdings, Inc., an insurance holding company, provides specialty property insurance to residential and commercial customers. The company offers personal and commercial specialty property insurance products, including residential and commercial earthquake, commercial all risk, specialty homeowners, inland marine, Hawaii hurricane, and residential flood, as well as other products, such as assumed reinsurance, commercial flood, real estate error and omission, and real estate investor products. 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. Palomar Holdings, Inc. was incorporated in 2013 and is headquartered in La Jolla, California.

Zen Score

Industry Average (30)
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Due Diligence Checks

PLMR ($76.90) is undervalued by 2.91% relative to our estimate of its Fair Value price of $79.20 based on Discounted Cash Flow (DCF) modelling, but does not have a significant margin of safety
Below Fair Value Valuation
PLMR ($76.90) is not significantly undervalued (2.91%) relative to our estimate of its Fair Value price of $79.20 based on Discounted Cash Flow (DCF) modelling, when including a healthy margin of safety
Significantly Below Fair Value Valuation
PLMR ($76.90) is trading above... subscribe to Premium to read more.
Below Benjamin Graham Formula Value Valuation
There are 30 more PLMR due diligence checks available for Premium users.

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PLMR News

Valuation

PLMR fair value

Fair Value of PLMR stock based on Discounted Cash Flow (DCF)
Price
$76.90
Fair Value
$79.20
Undervalued by
2.91%
PLMR ($76.90) is undervalued by... subscribe to Premium to read more.
Below Fair Value Valuation
PLMR ($76.90) is not significantly... subscribe to Premium to read more.
Significantly Below Fair Value Valuation
PLMR ($76.90) is trading above... subscribe to Premium to read more.
Below Benjamin Graham Formula Value Valuation

PLMR price to earnings (PE)

For valuing profitable companies with steady earnings
Company
24.11x
Industry
5.72x
Market
41.64x
PLMR is poor value based... subscribe to Premium to read more.
P/E vs Industry Valuation
PLMR is good value based... subscribe to Premium to read more.
P/E vs Market Valuation

PLMR price to book (PB)

For valuing companies that are loss-making or have lots of physical asset
Company
4.06x
Industry
2.17x
PLMR is poor value based... subscribe to Premium to read more.
P/B vs Industry Valuation

PLMR price to earnings growth (PEG)

For valuing profitable companies with growth potential
PLMR is good value based... subscribe to Premium to read more.
PEG Value Valuation

PLMR's financial health

Profit margin

Revenue
$105.4M
Net Income
$25.9M
Profit Margin
24.6%
PLMR's Earnings (EBIT) of $107.42M... subscribe to Premium to read more.
Interest Coverage Financials
PLMR's profit margin has increased... subscribe to Premium to read more.
Profit Margin Growth Financials

Assets to liabilities

Assets
$1.7B
Liabilities
$1.2B
Debt to equity
2.62
PLMR's debt has increased relative... subscribe to Premium to read more.
Shrinking Debt Financials
PLMR's debt to equity ratio... subscribe to Premium to read more.
Healthy Debt to Equity Financials

Cash flow

Operating
$22.3M
Investing
-$24.3M
Financing
$616.0k
PLMR's operating cash flow ($116.11M)... subscribe to Premium to read more.
Debt Coverage Financials

PLMR vs Property & Casualty Insurance Stocks

TickerMarket Cap1d %P/EP/B
PLMR$1.91B+0.56%24.11x4.06x
STC$1.61B-0.32%52.36x1.17x
HMN$1.41B-0.12%31.63x1.20x
SKWD$1.39B-2.61%14.81x2.10x
SAFT$1.16B-1.91%61.11x1.44x

Palomar Holdings Stock FAQ

What is Palomar Holdings's quote symbol?

(NASDAQ: PLMR) Palomar Holdings trades on the NASDAQ under the ticker symbol PLMR. Palomar Holdings stock quotes can also be displayed as NASDAQ: PLMR.

If you're new to stock investing, here's how to buy Palomar Holdings stock.

What is the 52 week high and low for Palomar Holdings (NASDAQ: PLMR)?

(NASDAQ: PLMR) Palomar Holdings's 52-week high was $86.26, and its 52-week low was $46.09. It is currently -10.85% from its 52-week high and 66.85% from its 52-week low.

How much is Palomar Holdings stock worth today?

(NASDAQ: PLMR) Palomar Holdings currently has 24,868,900 outstanding shares. With Palomar Holdings stock trading at $76.90 per share, the total value of Palomar Holdings stock (market capitalization) is $1.91B.

Palomar Holdings stock was originally listed at a price of $18.99 in Apr 17, 2019. If you had invested in Palomar Holdings stock at $18.99, your return over the last 5 years would have been 304.95%, for an annualized return of 32.28% (not including any dividends or dividend reinvestments).

How much is Palomar Holdings's stock price per share?

(NASDAQ: PLMR) Palomar Holdings stock price per share is $76.90 today (as of Apr 17, 2024).

What is Palomar Holdings's Market Cap?

(NASDAQ: PLMR) Palomar Holdings's market cap is $1.91B, as of Apr 18, 2024.

Market cap (market capitalization) is the total market value of a publicly traded company's outstanding shares.

Palomar Holdings's market cap is calculated by multiplying PLMR's current stock price of $76.90 by PLMR's total outstanding shares of 24,868,900.
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