PLMR Stock Analysis: Palomar Holdings | NASDAQ
Insurance - Property & Casualty | NASDAQ, USA | Market Cap: 3.437m USD | 12M Return: 9.2% | US69753M1053 | Charts, Fundamentals & Technical Analysis
Avg Turnover: 31.7M
EPS Trend: 99.7%
Qual. Beats: 12
Rev. Trend: 99.7%
Qual. Beats: 0
Warnings
Tailwinds
No distinct edge detected
Seasonality 7.3 years of data
How good or bad each month usually is (without trend). The score below shows how much you can trust it: 0 = pure chance, >40 gets interesting and >55 is strong.
Palomar Holdings, Inc. (PLMR) is a La Jolla, California-based specialty property and casualty insurer founded in 2013 and listed on NASDAQ since April 2019. The company underwrites niche personal and commercial lines that are often underserved by standard carriers, including residential and commercial earthquake, inland marine, Hawaii hurricane, excess national property, residential flood, and crop coverage, alongside assumed reinsurance and fronting arrangements. Distribution is conducted through retail agents, program administrators, wholesale brokers, and strategic partnerships, reflecting a multi-channel specialty model rather than direct-to-consumer sales. Originally named GC Palomar Holdings, the firm focuses on catastrophe-exposed and specialty risks, a segment in which insurers typically rely on reinsurance and capital partners to manage tail exposure and earnings volatility.
- Earthquake catastrophe losses pressure combined ratio and margins
- Specialty premium growth across new product lines accelerates
- Reinsurance treaty renewal costs affect underwriting profitability
| Net Income: 203.2m TTM > 0 and > 6% of Revenue |
| FCF/TA: 0.10 > 0.02 and ΔFCF/TA -2.82 > 1.0 |
| NWC/Revenue: -121.3% < 20% (prev -13.16%; Δ -108.1% < -1%) |
| CFO/TA 0.10 > 3% & CFO 415.3m > Net Income 203.2m |
| Net Debt (-1.27b) to EBITDA (271.9m): -4.67 < 3 |
| Current Ratio: 0.54 > 1.5 & < 3 |
| Outstanding Shares: last quarter (27.1m) vs 12m ago -1.86% < -2% |
| Gross Margin: 58.10% > 18% (prev 49.60%; Δ 8.50% > 0.5%) |
| Asset Turnover: 32.12% > 50% (prev 23.99%; Δ 8.12% > 0%) |
| Interest Coverage Ratio: 31.60 > 6 (EBIT TTM 263.1m / Interest Expense TTM 8.33m) |
| A: -0.33 (Total Current Assets 1.57b - Total Current Liabilities 2.89b) / Total Assets 3.96b |
| B: 0.11 (Retained Earnings 453.4m / Total Assets 3.96b) |
| C: 0.08 (EBIT TTM 263.1m / Avg Total Assets 3.40b) |
| D: 0.33 (Book Value of Equity 980.9m / Total Liabilities 2.98b) |
| Altman-Z'' = -0.95 = CCC |
| DSRI: 0.44 (Receivables 655.9m/937.3m, Revenue 1.09b/679.7m) |
| GMI: 0.85 (GM 49.60% / 58.10%) |
| AQI: 1.83 (AQ_t 0.60 / AQ_t-1 0.33) |
| SGI: 1.61 (Revenue 1.09b / 679.7m) |
| TATA: -0.05 (NI 203.2m - CFO 415.3m) / TA 3.96b) |
| Beneish M = -2.70 (Cap -4..+1) = A |
As of August 25, 2026, the stock is trading at USD 133.03 with a total of 146,485 shares traded. Over the past week, the price has changed by +7.73%, over one month by -2.96%, over three months by +16.58% and over the past year by +9.22%.
Current recommended Stop Loss: 121.60 (which is 8.6% or 2.3 ATR below the current price).
Palomar Holdings has received a consensus analysts rating of 4.13. Therefore, it is recommended to buy PLMR.
- StrongBuy: 3
- Buy: 3
- Hold: 2
- Sell: 0
- StrongSell: 0
| Analysts Target Price | 163.2 | 22.7% |
P/E Trailing = 17.4549
P/S = 3.1495
P/B = 3.3241
Revenue TTM = 1.09b USD
EBIT TTM = 263.1m USD
EBITDA TTM = 271.9m USD
Long Term Debt = 295.8m USD (from longTermDebt, last quarter)
Short Term Debt = 927k USD (from shortTermDebt, last fiscal year)
Debt = 295.8m USD (from shortLongTermDebtTotal, last quarter)
Net Debt = -1.27b USD (calculated: Debt 295.8m - CCE 1.57b)
Enterprise Value = 2.17b USD (3.44b + Debt 295.8m - CCE 1.57b)
Interest Coverage Ratio = 31.60 (Ebit TTM 263.1m / Interest Expense TTM 8.33m)
EV/FCF = 5.28x (Enterprise Value 2.17b / FCF TTM 410.8m)
FCF Yield = 18.95% (FCF TTM 410.8m / Enterprise Value 2.17b)
FCF Margin = 37.64% (FCF TTM 410.8m / Revenue TTM 1.09b)
Net Margin = 18.61% (Net Income TTM 203.2m / Revenue TTM 1.09b)
Gross Margin = 58.10% ((Revenue TTM 1.09b - Cost of Revenue TTM 457.3m) / Revenue TTM)
Gross Margin QoQ = 45.86% (prev 68.78%)
Tobins Q-Ratio = 0.55 (Enterprise Value 2.17b / Total Assets 3.96b)
Interest Expense / Debt = 2.81% (Interest Expense 8.33m / Debt 295.8m)
Taxrate = 22.77% (59.9m / 263.1m)
NOPAT = 203.2m (EBIT 263.1m * (1 - 22.77%))
Current Ratio = 0.54 (Total Current Assets 1.57b / Total Current Liabilities 2.89b)
Debt / Equity = 0.30 (Debt 295.8m / totalStockholderEquity, last quarter 980.9m)
Debt / EBITDA = -4.67 (Net Debt -1.27b / EBITDA 271.9m)
Debt / FCF = -3.09 (Net Debt -1.27b / FCF TTM 410.8m)
Total Stockholder Equity = 940.2m (last 4 quarters mean from totalStockholderEquity)
RoA = 5.98% (Net Income 203.2m / Total Assets 3.96b)
RoE = 21.61% (Net Income TTM 203.2m / Total Stockholder Equity 940.2m)
RoCE = 21.28% (EBIT 263.1m / Capital Employed (Equity 940.2m + L.T.Debt 295.8m))
RoIC = 19.89% (NOPAT 203.2m / Invested Capital 1.02b)
WACC = 4.27% (E(3.44b)/V(3.73b) * Re(4.45%) + D(295.8m)/V(3.73b) * Rd(2.81%) * (1-Tc(0.23)))
Discount Rate = 4.45% (= CAPM, Blume Beta Adj.)
Shares (quarterly) Correlation: 74.72 | Cagr: 2.72%
[DCF] Terminal Value 76.66% ; FCFF base≈395.9m ; Y1≈430.4m ; Y5≈534.3m
[DCF] Fair Price = 356.5 (EV 8.18b - Net Debt -1.27b = Equity 9.45b / Shares 26.5m; r=8.35% [WACC [floored]]; 5y FCF grow 9.99% → 2.50% )
EPS Correlation: 99.68 | EPS CAGR: 43.73% | SUE: 2.03 | # QB: 12
Revenue Correlation: 99.69 | Revenue CAGR: 52.06% | SUE: 0.20 | # QB: 0
EPS current Quarter (2026-09-30): EPS=2.59 | Chg30d=-3.30% | Revisions=+0% | Analysts=7
EPS current Year (2026-12-31): EPS=10.10 | Chg30d=+2.12% | Revisions=+62% | GrowthEPS=+28.5% | GrowthRev=+46.9%
EPS next Year (2027-12-31): EPS=11.37 | Chg30d=+1.43% | Revisions=+38% | GrowthEPS=+12.5% | GrowthRev=+24.0%
[Analyst] Revisions Ratio: +42% (up=12, down=4)