Palomar Holdings, Inc. (NASDAQ: PLMR) is a Financial Services company in the Insurance - Property & Casualty industry. QuoTrend tracks its price, financials, earnings, analyst ratings and insider trades.
| Index | - | P/E | 18.06 | EPS (ttm) | 7.41 | Insider Own | 2.74% | Shs Outstand | 26.50M | Perf Week | -2.74% |
| Market Cap | 3.55B | Forward P/E | 12.12 | EPS next Y | 11.04 | Insider Trans | -15.06% | Shs Float | 25.80M | Perf Month | 0.07% |
| Enterprise Value | 3.79B | PEG | 0.41 | EPS next Q | - | Inst Own | - | Short Float | 4.41% | Perf Quarter | 11.14% |
| Income | 196.45M | P/S | 3.63 | EPS this Y | 36.94% | Inst Trans | - | Short Ratio | 3.88 | Perf Half Y | 8.59% |
| Sales | 977.98M | P/B | 3.71 | EPS next Y | 12.30% | ROA | 5.46% | Short Interest | 1.14M | Perf YTD | -0.72% |
| Book/sh | - | P/C | 9.64 | EPS next 5Y | 10.39% | ROE | 21.74% | 52W High | 150.62 -9.37% | Perf Year | 2.51% |
| Cash/sh | - | P/FCF | 9.82 | EPS past 3/5Y | 52.54% 97.27% | ROIC | 15.69% | 52W Low | 102.86 32.72% | Perf 3Y | 121.32% |
| Dividend Est. | - | EV/EBITDA | 14.12 | Sales past 3/5Y | 38.88% 39.14% | Gross Margin | 60.65% | Volatility | 3.34% 4.03% | Perf 5Y | 74.46% |
| Dividend TTM | - | EV/Sales | 3.87 | EPS Y/Y TTM | 60.27% | Oper. Margin | 25.88% | ATR (14) | 5.51 | Perf 10Y | - |
| Dividend Ex-Date | - | Quick Ratio | 0.95 | Sales Y/Y TTM | 76.53% | Profit Margin | 20.15% | RSI (14) | 50.72 | Recom | 2.18 |
| Dividend Gr. 3/5Y | - | Current Ratio | 0.95 | EPS Q/Q | 23.53% | SMA20 | -2.87% | Beta | 0.41 | Target Price | 158.50 |
| Payout | 0.00% | Debt/Eq | 0.31 | Sales Q/Q | 59.43% | SMA50 | 7.99% | Rel Volume | 0.84 | Prev Close | 133.79 |
| Employees | 439 | LT Debt/Eq | 0.01 | Earnings | Aug 04 | SMA200 | 8.28% | Avg Volume | 303.07K | Price | 136.51 |
| IPO Date | Apr 17, 2019 | Option/Short | Yes / Yes | EPS/Sales Surpr. | 4.49% 12.92% | Net Debt/EBITDA | 0.90 | Volume | 253,140 | Change | 2.03% |
| Date | Action | Analyst | Rating | Target |
|---|---|---|---|---|
| Jul-15-26 | Reiterated | Piper Sandler | Overweight | $119 → $165 |
| Jul-10-26 | Reiterated | Evercore ISI | In Line | $157 → $152 |
| Oct-01-25 | Reiterated | Evercore ISI Group | In Line | $89 → $134 |
| Apr-08-25 | Upgrade | JP Morgan | Neutral → Overweight | |
| Dec-09-24 | Reiterated | Piper Sandler | Overweight | $99 → $119 |
| May-29-24 | Reiterated | Evercore ISI Group | In Line | $89 |
| May-29-24 | Reiterated | Truist Securities | Buy | $100 |
| May-29-24 | Reiterated | Piper Sandler | Overweight | $90 → $99 |
| May-06-24 | Reiterated | Piper Sandler | Overweight | $90 |
| Apr-08-24 | Downgrade | JP Morgan | Overweight → Neutral |
Palomar Holdings, Inc. functions as an insurance holding company dedicated to providing specialized property coverage for both private homeowners and businesses. Its comprehensive product range encompasses essential offerings such as residential and commercial earthquake policies, commercial all-risk protection, tailored homeowners' insurance, inland marine coverage, and Hawaii hurricane policies. Furthermore, the company extends its services to include residential and commercial flood insurance, along with other specialized financial products like assumed reinsurance, real estate error and omission (E&O) coverage, and specific solutions for real estate investors. Palomar distributes its policies through a varied network, including independent retail agents, wholesale brokers, program administrators, and collaborative agreements with other insurance carriers. The company, which was previously named GC Palomar Holdings, was founded in 2013 and maintains its corporate headquarters in La Jolla, California.
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| Line Item (USD, M) | TTM — | FY 2025 12/31/2025 | FY 2024 12/31/2024 | FY 2023 12/31/2023 | FY 2022 12/31/2022 | FY 2021 12/31/2021 | FY 2020 12/31/2020 | FY 2019 12/31/2019 | FY 2018 12/31/2018 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Total Revenue | 978 | 876 | 554 | 376 | 327 | 248 | 168 | 113 | 73 | |
| Cost of Goods Sold Incl. D&A | 385 | 229 | 284 | 180 | 189 | 137 | 128 | 43 | 34 | |
| Gross Profit | 594 | 647 | 269 | 196 | 138 | 111 | 40 | 70 | 38 | |
| Selling, General and Administrative Excl. Other | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |
| Research and Development | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |
| Other Operating Expense | 339 | 394 | 118 | 92 | 70 | 54 | 34 | 52 | 20 | |
| Operating Income | 253 | 253 | 151 | 104 | 68 | 57 | 6 | 18 | 18 | |
| Interest Expense | 3 | 0 | 1 | 4 | 1 | 0 | 0 | 1 | 2 | |
| Unusual Expense | — | — | — | — | — | — | — | — | — | |
| Non-Operating Income (Expense) | 3 | 0 | 1 | 4 | 1 | 0 | 0 | 1 | 2 | |
| Net Income Before Taxes | 253 | 253 | 151 | 104 | 68 | 57 | 6 | 18 | 18 | |
| Income Taxes | 56 | 56 | 34 | 24 | 15 | 11 | 0 | 7 | 0 | |
| Consolidated Net Income | 197 | 197 | 118 | 79 | 52 | 46 | 6 | 11 | 18 | |
| Net Income From Continuing Operations | 197 | 197 | 118 | 79 | 52 | 46 | 6 | 11 | 18 | |
| Net Income | 197 | 197 | 118 | 79 | 52 | 46 | 6 | 11 | 18 | |
| EPS (Recurring) | 7.41 | 7.40 | 4.61 | 3.19 | 2.07 | 1.80 | 0.25 | 0.49 | 0.81 | |
| EPS (Basic, Before Extraordinaries) | 7.41 | 7.40 | 4.61 | 3.19 | 2.07 | 1.80 | 0.25 | 0.49 | 0.81 | |
| EPS (Diluted) | 7.18 | 7.17 | 4.48 | 3.13 | 2.02 | 1.76 | 0.24 | 0.49 | 0.81 | |
| EBITDA | 269 | 263 | 157 | 112 | 73 | 61 | 8 | 19 | 21 | |
| Other After Tax Adjustments | — | — | — | — | — | — | — | — | — | |
| Stock Option Compensation Expense | — | — | — | — | — | — | — | — | — | |
| Price To Earnings Ratio | 19.01 | 18.79 | 23.57 | 17.73 | 22.36 | 36.80 | 370.17 | 103.04 | — | |
| Price To Sales Ratio | 3.77 | 4.15 | 4.96 | 3.69 | 3.45 | 6.53 | 13.22 | 9.83 | — | |
| Gross Margin | 60.74 | 73.86 | 48.56 | 52.13 | 42.20 | 44.76 | 23.81 | 61.95 | 52.05 | |
| Operating Margin | 25.87 | 28.88 | 27.26 | 27.66 | 20.80 | 22.98 | 3.57 | 15.93 | 24.66 | |
| Net Margin | 20.14 | 22.49 | 21.30 | 21.01 | 15.90 | 18.55 | 3.57 | 9.73 | 24.66 | |
| Shares Outstanding | 27 | 27 | 26 | 25 | 25 | 25 | 25 | 22 | 23 | |
| Market Capitalization | 3,686 | 3,639 | 2,745 | 1,388 | 1,129 | 1,619 | 2,221 | 1,111 | — | |
| Operating Lease Expense | — | — | — | — | — | — | — | — | — |
| Insider | Relationship | Date | Transaction | Cost | #Shares | Value ($) | #Shares Total | SEC Form 4 |
|---|---|---|---|---|---|---|---|---|
| Armstrong Mac | CEO and Chairman | Jul 21 '26 | Sale | 137.26 | 3,500 | 480,425 | 325,888 | Jul 22 |
| Christianson Jon | President | Jul 20 '26 | Option Exercise | 87.51 | 3,000 | 262,530 | 69,478 | Jul 21 |
| Christianson Jon | President | Jul 20 '26 | Sale | 139.50 | 3,000 | 418,500 | 66,478 | Jul 21 |
| Armstrong Mac | CEO and Chairman | Jul 15 '26 | Option Exercise | 0.00 | 118,750 | 0 | 217,612 | Jul 17 |
| Armstrong Mac | CEO and Chairman | Jul 15 '26 | Sale | 131.66 | 60,741 | 7,997,160 | 105,112 | Jul 17 |
| Christianson Jon | President | Jul 02 '26 | Option Exercise | 74.04 | 6,863 | 508,138 | 70,907 | Jul 06 |
| Christianson Jon | President | Jul 02 '26 | Sale | 139.50 | 4,429 | 617,846 | 66,478 | Jul 06 |
| Carter Timothy | Chief People Officer | Jun 28 '26 | Option Exercise | 0.00 | 1,312 | 0 | 2,490 | Jun 30 |
| Carter Timothy | Chief People Officer | Jun 28 '26 | Sale | 124.29 | 480 | 59,661 | 1,670 | Jun 30 |
| Armstrong Mac | CEO and Chairman | Jun 22 '26 | Sale | 112.96 | 3,500 | 395,355 | 329,388 | Jun 24 |
| Armstrong Mac | CEO and Chairman | May 21 '26 | Sale | 114.39 | 3,500 | 400,362 | 332,888 | May 22 |
| Knutzen Jonathan | Chief Risk Officer | May 18 '26 | Option Exercise | 0.00 | 612 | 0 | 28,215 | May 20 |
| Knutzen Jonathan | Chief Risk Officer | May 18 '26 | Sale | 115.26 | 281 | 32,388 | 27,934 | May 20 |
| Uchida T Christopher | Chief Financial Officer | May 18 '26 | Option Exercise | 0.00 | 1,530 | 0 | 16,282 | May 20 |
| Uchida T Christopher | Chief Financial Officer | May 18 '26 | Sale | 115.26 | 783 | 90,249 | 15,499 | May 20 |