Palomar Holdings Inc PLMR
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.
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News
-
Palomar Holdings, Inc. Announces Participation in the William Blair 44th Annual Growth Stock Conference
-
Palomar Holdings, Inc. Announces Successful Completion of June 1 Reinsurance Renewal
-
Palomar Holdings, Inc. Reports First Quarter 2024 Results
-
Palomar Holdings, Inc. Announces First Quarter 2024 Financial Results Release Date and Conference Call
Trading Information
- Previous Close Price
- $86.17
- Day Range
- $85.56–88.41
- 52-Week Range
- $48.08–89.22
- Bid/Ask
- $86.69 / $87.02
- Market Cap
- $2.16 Bil
- Volume/Avg
- 289,810 / 162,090
Key Statistics
- Price/Earnings (Normalized)
- 21.66
- Price/Sales
- 5.39
- Dividend Yield (Trailing)
- —
- Dividend Yield (Forward)
- —
- Total Yield
- 0.72%
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
- Website
- https://plmr.com
Comparables
Valuation
|
Metric
|
PLMR
|
GBLI
|
SKWD
|
|---|---|---|---|
Price/Earnings (Normalized) | 21.66 | 11.70 | 20.10 |
Price/Book Value | 4.28 | 0.64 | 2.10 |
Price/Sales | 5.39 | 0.85 | 1.50 |
Price/Cash Flow | 16.56 | 10.96 | 4.44 |
Price/Earnings
PLMR
GBLI
SKWD
Financial Strength
|
Metric
|
PLMR
|
GBLI
|
SKWD
|
|---|---|---|---|
Quick Ratio | — | — | — |
Current Ratio | — | — | — |
Interest Coverage | 28.45 | — | 11.98 |
Quick Ratio
No chart available
Profitability
|
Metric
|
PLMR
|
GBLI
|
SKWD
|
|---|---|---|---|
Return on Assets (Normalized) | 6.13% | 2.12% | 3.34% |
Return on Equity (Normalized) | 22.31% | 5.87% | 16.34% |
Return on Invested Capital (Normalized) | 19.76% | 5.71% | 13.62% |
Return on Assets
PLMR
GBLI
SKWD
Insurance - Property & Casualty Industry Comparables
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1-Day Chart
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