YOLFTbeta
Palomar Holdings Inc

Palomar Holdings Inc

PLMR · NASDAQ · Financial Services / Insurance - Property & Casualty

159.20USD+0.89 (+0.56%)

Price History

Full chart

Market Stats

Previous Close158.31
Open159.29
Day Range158.73 – 161.12
52-Week Range100.46 – 147.11
Volume146.78K
Market Cap3.26B
P/E (TTM)16.67
Forward P/E0.00
EPS7.38
Dividend Yield1.45%
Beta0.38
50-Day Avg132.96
200-Day Avg125.94

About

Palomar Holdings, Inc., a specialty insurance company, provides property and casualty insurance to individuals and businesses in the United States. The company offers personal and commercial specialty insurance products, including residential and commercial earthquake; fronting; and inland marine and other property products, such as inland marine, Hawaii hurricane, excess national property, residential flood, and other property products, as well as assumed reinsurance and crop insurance products. It markets and distributes its products through retail agents, program administrators, wholesale brokers, and strategic partnerships. The company was formerly known as GC Palomar Holdings and changed its name to Palomar Holdings, Inc. The company was incorporated in 2013 and is headquartered in La Jolla, California.

Company Details

  • SectorFinancial Services
  • IndustryInsurance - Property & Casualty
  • CEOMr. D. McDonald Armstrong
  • Employees439
  • Headquarters7979 Ivanhoe Avenue, La Jolla, CA, United States, 92037, USA
  • Websitehttps://plmr.com

Leadership

  • Mr. D. McDonald ArmstrongFounder, CEO & Chairman of the Board
  • Mr. Jon Marcus ChristiansonPresident · b. 1980
  • Mr. Toshio Christopher Uchida CPAChief Financial Officer · b. 1974
  • Mr. Rodolphe HerveChief Operating Officer · b. 1978
  • Mr. Jonathan Blake KnutzenChief Risk Officer · b. 1972
  • Ms. Elizabeth Whitaker Seitz C.P.A.EVP of Treasury & Financial Operations and Chief Accounting Officer
  • Mr. James LongChief Technology Officer
  • Ms. Angela Leann GrantChief Legal Officer & Corporate Secretary · b. 1969
  • Mr. Timothy T. CarterChief People Officer · b. 1969
  • Mr. Kyle MorganChief Strategy Officer

Financials

Income Statement

Currency: USD2016-12-312017-12-312018-12-312019-12-312020-12-312021-12-312022-12-312023-12-312024-12-312025-12-31
Total Revenue42.70M59.47M72.97M113.30M168.46M247.79M327.09M375.93M553.86M875.97M
Growth (%)-+39.28%+22.71%+55.26%+48.69%+47.09%+32.00%+14.93%+47.33%+58.16%
Cost of Revenue24.63M37.65M34.50M42.85M128.16M136.89M189.44M180.34M284.42M228.59M
Gross Profit18.06M21.82M38.47M70.44M40.31M110.90M137.64M195.59M269.45M647.37M
Gross Margin42.31%36.69%52.72%62.18%23.93%44.76%42.08%52.03%48.65%73.90%
Operating Expense11.79M16.89M20.26M52.37M34.08M53.76M70.09M91.95M118.25M393.98M
Operating Income6.28M4.93M18.21M18.08M6.22M57.14M67.55M103.64M151.20M253.39M
Operating Margin14.70%8.29%24.96%15.96%3.69%23.06%20.65%27.57%27.30%28.93%
EBITDA8.00M6.83M20.73M19.36M7.56M60.72M72.54M111.92M157.44M262.65M
EBITDA Margin18.73%11.49%28.41%17.09%4.49%24.51%22.18%29.77%28.43%29.98%
Net Income6.61M3.78M18.22M10.62M6.26M45.85M52.17M79.20M117.57M197.07M
Net Income Margin15.49%6.36%24.97%9.37%3.71%18.50%15.95%21.07%21.23%22.50%
Interest Expense1.63M1.75M2.30M1.07M040.00K873.00K3.77M1.14M392.00K
Interest Expense % of Total Revenue3.83%2.93%3.16%0.94%0.00%0.02%0.27%1.00%0.21%0.04%

Balance Sheet

Currency: USD2016-12-312017-12-312018-12-312019-12-312020-12-312021-12-312022-12-312023-12-312024-12-312025-12-31
Total Assets145.13M188.35M231.13M395.46M729.09M925.73M1.30B1.71B2.26B2.23B
Total Liabilities16.97M109.94M139.96M176.91M365.38M531.57M914.06M1.24B1.53B1.28B
Total Equity73.11M78.41M91.17M218.56M363.71M394.17M384.75M471.25M729.03M942.67M
Cash9.76M10.78M9.53M33.12M33.54M50.28M68.11M51.55M80.44M106.89M
Total Debt16.97M17.09M19.08M--11.79M83.48M52.60M-7.09M
Net Debt7.22M6.31M9.55M-33.12M-33.54M-48.10M-31.71M1.05M-80.44M-99.80M

Cash Flow

Currency: USD2016-12-312017-12-312018-12-312019-12-312020-12-312021-12-312022-12-312023-12-312024-12-312025-12-31
Operating Cash Flow15.82M20.25M22.81M41.70M53.55M87.81M169.58M116.11M261.16M409.12M
Investing Cash Flow-11.53M-19.13M-25.36M-80.57M-181.44M-58.19M-156.81M-128.48M-306.24M-353.98M
Financing Cash Flow01.55M1.55M62.29M128.33M-13.04M5.02M-3.94M73.77M-28.79M
Capital Expenditure898.00K68.00K332.00K2.93M4.07M4.85M5.94M6.76M243.00K7.13M
Free Cash Flow14.93M20.18M22.48M38.77M49.48M82.96M163.65M109.35M260.91M401.99M
Dividends Paid-0-5.12M0036.40M16.20M--
FCF to OCF94.33%99.66%98.54%92.98%92.39%94.47%96.50%94.18%99.91%98.26%
Dividend Paid to FCF-0.00%-13.20%0.00%0.00%22.24%14.82%--

Earnings

Report DateFeb 27, 2019May 16, 2019Aug 12, 2019Nov 4, 2019Feb 18, 2020May 5, 2020Aug 4, 2020Nov 10, 2020Feb 24, 2021May 5, 2021Aug 4, 2021Nov 3, 2021Feb 16, 2022May 4, 2022Aug 3, 2022Nov 2, 2022Feb 15, 2023May 3, 2023Aug 2, 2023Nov 1, 2023Feb 14, 2024May 2, 2024Aug 5, 2024Nov 4, 2024Feb 12, 2025May 5, 2025Aug 4, 2025Nov 6, 2025Feb 11, 2026May 6, 2026Aug 4, 2026Nov 5, 2026
EPS Estimate0.000.380.290.400.510.420.49-0.54-0.010.510.480.120.630.640.670.520.750.740.820.740.950.941.101.051.221.601.681.612.092.201.892.46
EPS Actual0.310.520.360.400.480.500.52-0.60-0.050.730.510.070.740.680.730.290.820.800.860.921.111.091.251.231.521.871.762.012.242.312.11-
Surprise-36.84%24.14%0.00%-5.88%19.05%6.12%-11.11%-257.14%43.14%6.25%-41.67%17.46%6.25%8.96%-44.23%9.33%8.11%4.88%24.32%16.84%15.96%13.64%17.14%24.59%16.88%4.76%24.84%7.18%5.00%11.64%-
Timing-After-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hours

Key Statistics & Ratios

Market Cap3.26B
Enterprise Value3.58B
Trailing P/E16.67
Forward P/E0.00
Price / Sales2.99
Price / Book3.41
EPS7.38
Book Value37.46
Revenue (TTM)1.09B
Gross Profit (TTM)298.53M
EBITDA289.50M
Profit Margin18.62%
Operating Margin23.77%
Return on Equity22.23%
Return on Assets4.99%
Shares Outstanding26.50M
Shares Float25.61M
Beta0.38
Dividend Yield1.45%
Dividend Rate1.80
Payout Ratio5.19%

Analyst Ratings

Buy
Based on 8 analystsTarget 163.17
  • Strong Buy
    3
  • Buy
    3
  • Hold
    2

Ownership Breakdown

Institutions
99.91%
Insiders
2.74%
Retail / Other
0.00%

Top Institutional Holders

  • BlackRock Inc
    4.39M16.66%
  • Vanguard Portfolio Management, LLC
    1.22M4.63%
  • Vanguard Capital Management, LLC
    1.20M4.55%
  • State Street Corp
    1.06M4.04%
  • HHG PLC
    933.99K3.55%
  • American Century Companies Inc
    767.32K2.92%
  • Stephens Inv Mgmt Group LLC
    732.30K2.78%
  • Sumitomo Mitsui Trust Group Inc
    713.13K2.71%
  • Geode Capital Management, LLC
    683.01K2.60%
  • Westfield Capital Management Company, L.P.
    668.85K2.54%
  • Dimensional Fund Advisors, Inc.
    662.89K2.52%
  • Amvescap Plc.
    499.29K1.90%
  • Freestone Grove Partners LP
    476.48K1.81%
  • Hood River Capital Management LLC
    426.05K1.62%
  • Citadel Advisors Llc
    391.30K1.49%

Top Fund Holders

  • iShares Core S&P Small-Cap ETF
    1.62M6.15%
  • Vanguard MStar Total Stk Mkt Idx Invest
    841.87K3.20%
  • iShares Russell 2000 ETF
    674.35K2.56%
  • Avantis US Small Cap Value ETF
    627.78K2.39%
  • Vanguard Explorer Inv
    507.45K1.93%

Dividends

20261×
0.45Aug 19, 2026