Palomar Holdings Inc's fundamentals are relatively stable, with an industry-leading ESG disclosure.and its growth potential is significant.Its valuation is considered fairly valued, ranking 50 out of 114 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 164.75.In the medium term, the stock price is expected to remain stable.Despite an average stock market performance over the past month, the company shows strong technicals.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
50 / 114
Overall Ranking
228 / 4521
Industry
Insurance
Support & Resistance
Relevant data have not been disclosed by the company yet.
Score Analysis
Current score
Previous score
Media Coverage
Last 24 hours
Coverage Level
Very Low
Very High
Neutral
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 19.31, at a low 3-year percentile range.
Institutional Selling
The latest institutional holdings are 25.99M shares, decreasing 4.94% 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.