Palomar Holdings Inc's fundamentals are relatively stable, and its growth potential is significant.Its valuation is considered fairly valued, ranking 54/117 in the Insurance industry.Institutional ownership is very high.Over the past month, multiple analysts have rated it as Buy, with the highest price target at 160.00.In the medium term, the stock price is expected to trend up.Despite a good stock market performance and strong technicals over the past month, the fundamentals don't support the current trend.The stock price is trading sideways between the support and resistance levels, making it suitable for range-bound swing trading.
Palomar Holdings Inc's Score
Industry at a Glance
Industry Ranking
54 / 117
Overall Ranking
202 / 4560
Industry
Insurance
Support & Resistance
Relevant data have not been disclosed by the company yet.
Score Analysis
Current score
Previous score
Analyst Rating
Based on
7
analysts
Buy
Current Rating
160.000
Target Price
+38.61%
Upside Space
Data disclaimer: Analyst ratings and target prices are provided by LSEG for informational purposes only and do not constitute investment advice.
Palomar Holdings Inc Highlights
StrengthsRisks
Palomar Holdings, Inc. is an insurance holding company. The Company provides property and casualty insurance products to individuals and businesses. It serves residential and commercial clients in five product categories: Earthquake, Inland Marine and Other Property, Casualty, Fronting, and Crop. It distributes its products through multiple channels, including retail agents, program administrators, wholesale brokers, and partnerships with other insurance companies. It offers residential and commercial earthquake products on an admitted and excess and surplus lines (E&S) basis. Its residential earthquake products insure against home damage, contents, appurtenant structures, and temporary housing costs following an earthquake. Its commercial earthquake products focus on providing coverage for benign commercial risks. Its Inland Marine and Other Property products include Inland Marine, Hawaii Hurricane, Commercial All Risk, Excess National Property, Residential Flood, and others.
High Growth
The company's revenue has grown steadily over the past 3 years, averaging 67.24% year-on-year.
High Profit Growth
The company's net income leads the industry, with the latest annual income totaling USD 547.00M.
Undervalued
The company’s latest PE is 20.39, at a low 3-year percentile range.
Institutional Selling
The latest institutional holdings are 25.55M shares, decreasing 5.26% quarter-over-quarter.
Palomar Holdings, Inc. is an insurance holding company. The Company provides property and casualty insurance products to individuals and businesses. It serves residential and commercial clients in five product categories: Earthquake, Inland Marine and Other Property, Casualty, Fronting, and Crop. It distributes its products through multiple channels, including retail agents, program administrators, wholesale brokers, and partnerships with other insurance companies. It offers residential and commercial earthquake products on an admitted and excess and surplus lines (E&S) basis. Its residential earthquake products insure against home damage, contents, appurtenant structures, and temporary housing costs following an earthquake. Its commercial earthquake products focus on providing coverage for benign commercial risks. Its Inland Marine and Other Property products include Inland Marine, Hawaii Hurricane, Commercial All Risk, Excess National Property, Residential Flood, and others.
Ticker SymbolPLMR
CompanyPalomar Holdings Inc
CEOArmstrong (Mac)
Websitehttps://plmr.com/
FAQs
What is the current price of Palomar Holdings Inc (PLMR)?
The current price of Palomar Holdings Inc (PLMR) is 134.760.
What is the symbol of Palomar Holdings Inc?
The ticker symbol of Palomar Holdings Inc is PLMR.
What is the 52-week high of Palomar Holdings Inc?
The 52-week high of Palomar Holdings Inc is 175.850.
What is the 52-week low of Palomar Holdings Inc?
The 52-week low of Palomar Holdings Inc is 98.420.
What is the market capitalization of Palomar Holdings Inc?
The market capitalization of Palomar Holdings Inc is 3.57B.
What is the net income of Palomar Holdings Inc?
The net income of Palomar Holdings Inc is 117.57M.
Is Palomar Holdings Inc (PLMR) currently rated as Buy, Hold, or Sell?
According to analysts, Palomar Holdings Inc (PLMR) has an overall rating of Buy, with a price target of 160.000.
What is the Earnings Per Share (EPS TTM) of Palomar Holdings Inc (PLMR)?
The Earnings Per Share (EPS TTM) of Palomar Holdings Inc (PLMR) is 6.609.