(PLMR) Palomar Holdings - Ratings and Ratios
Earthquake, Hurricane, Flood, Marine, Crop
EPS (Earnings per Share)
Revenue
Dividends
Currently no dividends paid| Risk via 5d forecast | |
|---|---|
| Volatility | 37.0% |
| Value at Risk 5%th | 55.8% |
| Relative Tail Risk | -8.46% |
| Reward TTM | |
|---|---|
| Sharpe Ratio | 0.58 |
| Alpha | 7.27 |
| CAGR/Max DD | 0.96 |
| Character TTM | |
|---|---|
| Hurst Exponent | 0.432 |
| Beta | 0.700 |
| Beta Downside | 0.545 |
| Drawdowns 3y | |
|---|---|
| Max DD | 37.44% |
| Mean DD | 10.16% |
| Median DD | 6.23% |
Description: PLMR Palomar Holdings January 11, 2026
Palomar Holdings, Inc. (NASDAQ: PLMR) is a U.S.–based specialty insurer that underwrites property and casualty coverages for both individuals and businesses. Its product suite spans residential and commercial earthquake, inland-marine, Hawaii hurricane, flood, excess national property, and crop insurance, as well as assumed reinsurance and fronting arrangements. Distribution is handled through a mix of retail agents, wholesale brokers, program administrators, and carrier partnerships.
Key operating metrics from the most recent filing (2023) show a net written premium (NWP) of approximately $1.2 billion, representing a 9 % year-over-year increase, while the combined ratio hovered around 95 %, indicating underwriting profitability but leaving limited margin for loss-adjustment volatility. The companys exposure to natural-catastrophe risk is a primary driver of earnings variability, with the 2023 Atlantic hurricane season contributing roughly $15 million to loss reserves.
Sector-wide, specialty P&C insurers are currently benefiting from a hard reinsurance market and elevated interest rates, which boost investment income-a non-underwriting revenue source that accounted for about 18 % of PLMR’s total income in 2023. However, rising construction costs and inflationary pressures on repair expenses pose headwinds to loss ratios across the industry.
For a deeper dive into Palomar’s financial health and valuation dynamics, a quick look at ValueRay’s analyst toolkit can help you surface the most relevant data points.
Piotroski VR‑10 (Strict, 0-10) 5.5
| Net Income (175.9m TTM) > 0 and > 6% of Revenue (6% = 46.6m TTM) |
| FCFTA 0.12 (>2.0%) and ΔFCFTA 3.04pp (YES ≥ +1.0pp, WARN ≥ +0.5pp) |
| NWC/Revenue 161.3% (prev 40.16%; Δ 121.1pp) (YES ≤20% & Δ≤-1pp; WARN ≤25% & Δ≤0 oder ≤40% & Δ≤-3pp) |
| CFO/TA 0.12 (>3.0%) and CFO 364.3m > Net Income 175.9m (YES >=105%, WARN >=100%) |
| Net Debt (-111.7m) to EBITDA (226.8m) ratio: -0.49 <= 3.0 (WARN <= 3.5) |
| Current Ratio 716.5 (target 1.5–3.0; WARN 1.2–<1.5 or >3.0–5.0; CFO/TA gate active) |
| Outstanding Shares last Quarter (27.5m) change vs 12m ago 3.98% (target <= -2.0% for YES) |
| Gross Margin 49.76% (prev 49.65%; Δ 0.11pp) >=18% & Δ>=+0.5pp (WARN >=15% & Δ>=0) |
| Asset Turnover 29.73% (prev 22.13%; Δ 7.61pp) >=50% & Δ>=+2pp (WARN >=35% & Δ>=0) |
| Interest Coverage Ratio 579.7 (EBITDA TTM 226.8m / Interest Expense TTM 390.0k) >= 6 (WARN >= 3) |
Altman Z'' 3.96
| (A) 0.43 = (Total Current Assets 1.25b - Total Current Liabilities 1.75m) / Total Assets 2.94b |
| (B) 0.12 = Retained Earnings (Balance) 365.8m / Total Assets 2.94b |
| (C) 0.09 = EBIT TTM 226.1m / Avg Total Assets 2.61b |
| (D) 0.18 = Book Value of Equity 361.8m / Total Liabilities 2.07b |
| Total Rating: 3.96 = (6.56 * A) + (3.26 * B) + (6.72 * C) + (1.05 * D) |
ValueRay F-Score (Strict, 0-100) 89.10
| 1. Piotroski 5.50pt |
| 2. FCF Yield 16.21% |
| 3. FCF Margin 46.18% |
| 4. Debt/Equity data missing |
| 5. Debt/Ebitda -0.49 |
| 6. ROIC - WACC (= 12.86)% |
| 7. RoE 21.68% |
| 8. Rev. Trend 96.99% |
| 9. EPS Trend 40.43% |
What is the price of PLMR shares?
Over the past week, the price has changed by -5.42%, over one month by +5.23%, over three months by +8.93% and over the past year by +26.35%.
Is PLMR a buy, sell or hold?
- Strong Buy: 3
- Buy: 3
- Hold: 2
- Sell: 0
- Strong Sell: 0
What are the forecasts/targets for the PLMR price?
| Issuer | Target | Up/Down from current |
|---|---|---|
| Wallstreet Target Price | 162.8 | 26.5% |
| Analysts Target Price | 162.8 | 26.5% |
| ValueRay Target Price | 147.1 | 14.3% |
PLMR Fundamental Data Overview January 09, 2026
P/S = 4.4506
P/B = 3.9437
Beta = 0.413
Revenue TTM = 776.0m USD
EBIT TTM = 226.1m USD
EBITDA TTM = 226.8m USD
Long Term Debt = unknown (none)
Short Term Debt = 1.05m USD (from shortTermDebt, last fiscal year)
Debt = unknown
Net Debt = -111.7m USD (from netDebt column, last quarter)
Enterprise Value = 2.21b USD (3.46b + (null Debt) - CCE 1.25b)
Interest Coverage Ratio = 579.7 (Ebit TTM 226.1m / Interest Expense TTM 390.0k)
EV/FCF = 6.17x (Enterprise Value 2.21b / FCF TTM 358.3m)
FCF Yield = 16.21% (FCF TTM 358.3m / Enterprise Value 2.21b)
FCF Margin = 46.18% (FCF TTM 358.3m / Revenue TTM 776.0m)
Net Margin = 22.66% (Net Income TTM 175.9m / Revenue TTM 776.0m)
Gross Margin = 49.76% ((Revenue TTM 776.0m - Cost of Revenue TTM 389.9m) / Revenue TTM)
Gross Margin QoQ = 47.24% (prev 51.34%)
Tobins Q-Ratio = 0.75 (Enterprise Value 2.21b / Total Assets 2.94b)
Interest Expense / Debt = unknown (Interest Expense 133.0k / Debt none)
Taxrate = 23.36% (15.7m / 67.1m)
NOPAT = 173.3m (EBIT 226.1m * (1 - 23.36%))
Current Ratio = 716.5 (out of range, set to none) (Total Current Assets 1.25b / Total Current Liabilities 1.75m)
Debt / Equity = unknown (Debt none)
Debt / EBITDA = -0.49 (Net Debt -111.7m / EBITDA 226.8m)
Debt / FCF = -0.31 (Net Debt -111.7m / FCF TTM 358.3m)
Total Stockholder Equity = 811.2m (last 4 quarters mean from totalStockholderEquity)
RoA = 6.74% (Net Income 175.9m / Total Assets 2.94b)
RoE = 21.68% (Net Income TTM 175.9m / Total Stockholder Equity 811.2m)
RoCE = 7.69% (EBIT 226.1m / Capital Employed (Total Assets 2.94b - Current Liab 1.75m))
RoIC = 21.36% (NOPAT 173.3m / Invested Capital 811.2m)
WACC = 8.50% (E(3.46b)/V(3.46b) * Re(8.50%) + (debt-free company))
Discount Rate = 8.50% (= CAPM, Blume Beta Adj.)
Shares Correlation 3-Years: 100.0 | Cagr: 4.38%
[DCF Debug] Terminal Value 79.65% ; FCFF base≈298.2m ; Y1≈367.8m ; Y5≈626.4m
Fair Price DCF = 366.8 (EV 9.61b - Net Debt -111.7m = Equity 9.72b / Shares 26.5m; r=8.50% [WACC]; 5y FCF grow 25.0% → 2.90% )
EPS Correlation: 40.43 | EPS CAGR: -42.11% | SUE: -4.0 | # QB: 0
Revenue Correlation: 96.99 | Revenue CAGR: 37.97% | SUE: 0.22 | # QB: 0
EPS next Quarter (2026-03-31): EPS=2.11 | Chg30d=+0.000 | Revisions Net=-1 | Analysts=5
EPS next Year (2026-12-31): EPS=8.66 | Chg30d=-0.003 | Revisions Net=+3 | Growth EPS=+12.0% | Growth Revenue=+29.4%
Additional Sources for PLMR Stock
Tweets: X | Stocktwits
Fund Manager Positions: Dataroma | Stockcircle