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Palomar Holdings Inc PLMR

Morningstar Rating
$79.50 −1.65 (2.03%)
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About Quantitative Ratings

Morningstar Quantitative Ratings for Stocks are generated using an algorithm that compares companies that are not under analyst coverage to peer companies that do receive analyst-driven ratings. Companies with quantitative ratings are not formally covered by a Morningstar analyst, but are statistically matched to analyst-rated companies, allowing our models to calculate a quantitative moat, fair value, and uncertainty rating.

Price vs Fair Value

PLMR is trading at a 4% premium.
Price
$82.17
Fair Value
$65.22
Uncertainty
High
1-Star Price
$442.47
5-Star Price
$72.76
Economic Moat
Kmvvdl
Capital Allocation
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News

Trading Information

Previous Close Price
$81.15
Day Range
$77.8881.99
52-Week Range
$46.0986.26
Bid/Ask
$65.21 / $84.50
Market Cap
$1.98 Bil
Volume/Avg
229,756 / 167,089

Key Statistics

Price/Earnings (Normalized)
21.56
Price/Sales
5.36
Dividend Yield (Trailing)
Dividend Yield (Forward)
Total Yield
1.10%

Company Profile

Palomar Holdings Inc is a United States-based company focused on the provision of specialty property insurance earthquake, wind, and flood insurance products. The company's core focus is on the residential and commercial earthquake markets in earthquake-exposed states such as California, Oregon, Washington, and states with exposure to the New Madrid Seismic Zone. It offers specialty property insurance products in the target markets to both individuals and businesses through multiple channels, including retail agents, program administrators, wholesale brokers, and in partnership with other insurance companies. Its products include Residential Earthquake, Commercial Earthquake, Specialty Homeowners, Inland Marine, Commercial All Risk, Hawaii Hurricane, Residential Flood and others.
Sector
Financial Services
Industry
Insurance - Property & Casualty
Stock Style Box
Small Growth
Total Number of Employees
213

Comparables

Valuation

Metric
PLMR
UFCS
GBLI
Price/Earnings (Normalized)
21.5615.97
Price/Book Value
4.180.770.66
Price/Sales
5.360.510.81
Price/Cash Flow
21.695.7612.83
Price/Earnings
PLMR
UFCS
GBLI

Financial Strength

Metric
PLMR
UFCS
GBLI
Quick Ratio
Current Ratio
Interest Coverage
28.45−11.18
Quick Ratio
No chart available

Profitability

Metric
PLMR
UFCS
GBLI
Return on Assets (Normalized)
6.13%−1.02%1.59%
Return on Equity (Normalized)
22.31%−4.33%4.48%
Return on Invested Capital (Normalized)
19.76%−3.72%4.35%
Return on Assets
PLMR
UFCS
GBLI
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Insurance - Property & Casualty Industry Comparables

Ticker
Name
Morningstar Rating for Stocks
Capital Allocation
Economic Moat
Market Cap
PGR
Progressive CorpTsvhtvdlqgNvvwlfw$121.8 Bil
CB
Chubb LtdPyzgvjctzKydzmwh$99.9 Bil
TKOMY
Tokio Marine Holdings Inc ADRQrqvxnhcHqjhz$62.1 Bil
TKOMF
Tokio Marine Holdings IncYqqw$62.1 Bil
TRV
The Travelers Companies IncDkyxtlkjcPwnly$48.9 Bil
ALL
Allstate CorpJqqkrflZrm$45.5 Bil
PINXY
The People's Insurance Co (Group) of China Ltd ADRRkxb$29.2 Bil
MSADF
MS&AD Insurance Group Holdings IncFlvfq$29.0 Bil
WRB
WR Berkley CorpSvmnzdjkKykcls$19.7 Bil
MKL
Markel Group IncPjvlkznqNyv$18.9 Bil

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