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Palomar Holdings Inc
NASDAQ:PLMR

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Palomar Holdings Inc
NASDAQ:PLMR
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Price: 83.98 USD -0.32% Market Closed
Updated: Mar 28, 2024

Intrinsic Value

Palomar Holdings, Inc. operates as an insurance holding company. [ Read More ]

The intrinsic value of one PLMR stock under the Base Case scenario is 112.54 USD. Compared to the current market price of 83.98 USD, Palomar Holdings Inc is Undervalued by 25%.

Key Points:
PLMR Intrinsic Value
Base Case
112.54 USD
Undervaluation 25%
Intrinsic Value
Price
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Worst Case
Base Case
Best Case

Valuation Backtest
Palomar Holdings Inc

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Wall St
Price Targets

PLMR Price Targets Summary
Palomar Holdings Inc

Wall Street analysts forecast PLMR stock price to drop over the next 12 months.

According to Wall Street analysts, the average 1-year price target for PLMR is 81.8 USD with a low forecast of 68.68 USD and a high forecast of 92.4 USD.

Lowest
Price Target
68.68 USD
18% Downside
Average
Price Target
81.8 USD
3% Downside
Highest
Price Target
92.4 USD
10% Upside
View Analyst Estimates
View Analyst Estimates

Competitive Landscape

Ownership

PLMR Insider Trading
Buy and sell transactions by insiders

Cumulative Transactions Amount
Period Sold Bought Net
3 Months
6 Months
9 Months
12 Months
Why is insider trading important?

Shareholder Return

PLMR Price
Palomar Holdings Inc

1M 1M
+12%
6M 6M
+67%
1Y 1Y
+56%
3Y 3Y
+27%
5Y 5Y
+342%
10Y 10Y
+342%
Annual Price Range
83.98
52w Low
47.03
52w High
84.25
Price Metrics
Average Annual Return 45.79%
Standard Deviation of Annual Returns 89.27%
Max Drawdown -63%
Shares Statistics
Market Capitalization 2.1B USD
Shares Outstanding 24 868 900
Percentage of Shares Shorted 1.97%

PLMR Return Decomposition
Main factors of price return

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Company Profile

Palomar Holdings Inc

Country

United States of America

Industry

Insurance

Market Cap

2.1B USD

Dividend Yield

0%

Description

Palomar Holdings, Inc. operates as an insurance holding company. The company is headquartered in La Jolla, California and currently employs 151 full-time employees. The company went IPO on 2019-04-17. The firm is focused on providing specialty insurance to residential and commercial customers. Its primary lines of business include Residential Earthquake, Commercial Earthquake, Specialty Homeowners, Inland Marine, Commercial All Risk, Hawaii Hurricane, and Residential Flood. The company distributes products through multiple channels, including retail agents, program administrators, wholesale brokers, and in partnership with other insurance companies. The firm offer Residential Earthquake products insure against damage to the home, contents, and any appurtenant structures in 18 states. Commercial Earthquake products focused on providing coverage for benign commercial risks. Specialty Homeowners product provides admitted insurance coverage to homeowners in wind-exposed coastal regions. The Commercial All Risk policy covers the perils of fire and wind, with wind including hurricane, tornado, and hailstorm.

Contact

CALIFORNIA
La Jolla
7979 Ivanhoe Ave Ste 500, La Jolla
+16195675290.0
https://plmr.com/

IPO

2019-04-17

Employees

151

Officers

Founder, CEO & Chairman of the Board
Mr. D. McDonald Armstrong
President
Mr. Jon Marcus Christianson
Chief Financial Officer
Mr. Toshio Christopher Uchida
Chief Legal Officer & Corporate Secretary
Ms. Angela Leann Grant
Chief Risk Officer
Mr. Jonathan Blake Knutzen
EVP Treasury & Financial Operations & Chief Accounting Officer
Ms. Elizabeth Whitaker Seitz
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Chief Technology Officer
Mr. Mark Brose
Senior Vice President of Corporate Development & Strategy
Mr. Kyle Morgan
Senior Vice President of Marketing
Mr. John MacDonald
Senior Vice President of Underwriting
Mr. Jake Armstrong
Show Less

See Also

Discover More
What is the Intrinsic Value of one PLMR stock?

The intrinsic value of one PLMR stock under the Base Case scenario is 112.54 USD.

Is PLMR stock undervalued or overvalued?

Compared to the current market price of 83.98 USD, Palomar Holdings Inc is Undervalued by 25%.