Palomar Holdings, Inc. has agreed to acquire The Gray Casualty & Surety Company for $300 million in cash, expected to close in the first half of 2026. The acquisition aims to enhance Palomar's surety franchise and expand its market presence.
Palomar Holdings, Inc. Common stock (PLMR)
Common Stock · Currency in USD · XNAS
Palomar Holdings Inc that provides property and casualty insurance products to individuals and businesses. It provides insurance products serving five categories: Earthquake, Inland Marine and Other Property, Casualty, Fronting, and Crop. Company distribute products through multiple channels, including retail agents, program administrators, wholesale brokers, and partnerships with other insurance companies. The company's Earthquake product generate high premium.
Company Info
SIC6331
Composite FIGIBBG00NLMRY30
CIK0001761312
IPOApr 17, 2019
Sectorfire, marine & casualty insurance
Highlights
Market Cap$3.21B
EPS$7.72
P/E Ratio15.57
Revenue$895.94M
Gross Profit$978.64M
Net Income$205.82M
Employees439
WSO26,689,745
Phone619-567-5290
Websitehttps://plmr.com
Related Tickers
Analysis
Share Price Chart
Performance Chart
The chart shows the growth of an initial investment of $10,000 in Palomar Holdings, Inc. Common stock, comparing it to the performance of the S&P 500 index.
All prices have been adjusted for splits and dividends.
Returns By Period
Palomar Holdings, Inc. Common stock (PLMR) has returned -10.75% so far this year and -5.80% over the past 12 months. Looking at the last ten years, PLMR has achieved an annualized return of 20.57%, outperforming the Benchmark (SPY), which averaged 12.23% per year.
PLMR
1M-2.97%
6M1.22%
YTD-10.75%
1Y-5.80%
5Y9.80%
10Y20.57%
Benchmark (SPY)
1M-3.85%
6M-2.35%
YTD-4.36%
1Y34.06%
5Y9.80%
10Y12.23%
Monthly Returns
The table below presents the monthly returns of Palomar Holdings, Inc. Common stock (PLMR) with color gradation from worst to best to easily spot seasonal factors.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | -8.15% | 1.61% | -1.31% | 0.86% | ||||||||
| 2025 | 1.90% | 23.15% | 6.09% | 5.79% | 18.25% | -10.04% | -14.11% | -6.94% | -4.21% | -1.83% | 9.80% | 9.31% |
| 2024 | 9.85% | 27.60% | 10.49% | -6.47% | 7.35% | -5.13% | 12.63% | 7.84% | -4.12% | -4.90% | 20.76% | -2.65% |
| 2023 | 11.59% | 17.69% | -8.05% | -8.58% | 8.39% | 6.97% | 5.23% | -15.66% | -0.86% | -0.79% | 17.23% | -5.14% |
| 2022 | -19.34% | 22.23% | -0.39% | -15.19% | 14.31% | 3.52% | -2.67% | 28.80% | 5.91% | 5.67% | -30.00% | -28.41% |
| 2021 | 12.30% | -14.87% | -23.42% | 3.53% | 2.83% | 1.55% | 6.53% | 9.50% | -10.75% | 12.65% | -20.44% | -13.54% |
| 2020 | 5.63% | -5.19% | 12.39% | 5.16% | 30.91% | 16.63% | 6.14% | 21.34% | -7.70% | -15.74% | -27.05% | 32.52% |
| 2019 | 8.00% | 15.19% | 3.22% | 18.34% | 19.74% | 15.98% | 14.19% | 20.22% | -7.97% |
Performance Indicators
The charts below present risk-adjusted performance metrics for Palomar Holdings, Inc. Common stock (PLMR) and compare them to a Benchmark (SPY). These indicators evaluate an investment's returns against its associated risks.
Sharpe ratio
Sortino ratio
Omega ratio
Calmar ratio
Martin ratio
sharpe ratio
The Sharpe ratio helps investors understand how much return they're getting for the level of risk taken. A higher Sharpe ratio indicates better risk-adjusted performance, meaning more reward for each unit of risk.
These values reflect how efficiently the investment has delivered returns relative to its volatility over different time periods. All figures are annualized and based on daily total returns.
The chart below shows the rolling Sharpe ratio of PLMR compared to the benchmark. This view highlights how the investment's risk-adjusted performance has changed over time.
Volatility Chart
The current Palomar Holdings, Inc. Common stock volatility is 1.87%, representing the standart deviation of percentage change in the investments's value, either up or down over the past month. The chart below shows the rolling one-month volatility.
Drawdowns Chart
The Drawdowns chart displays portfolio losses from any high point along the way. It shows the maximum percentage drop from a peak to a trough over a specified period, indicating the risk of significant losses.
Although chart shows positive values, it represents the percentage drop from the peak, so a value of 10% means the portfolio has dropped 10% from its highest point.
Income Statement
The income statement provides a summary of a company's revenues, expenses, and profits over a specific period. It shows how much money the company earned (revenues) and how much it spent (expenses), leading to the net income or profit. This statement is crucial for understanding a company's financial performance and profitability.
| 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | |
|---|---|---|---|---|---|---|---|
| Liabilities And Equity (USD) | 3.05B | 2.26B | 1.71B | 1.31B | 925.73M | 729.09M | 395.46M |
| Equity Attributable To Parent (USD) | 942.67M | 729.03M | 471.25M | 384.75M | 394.17M | 363.71M | 218.56M |
| Equity Attributable To Noncontrolling Interest (USD) | - | - | - | - | - | - | - |
| Equity (USD) | 942.67M | 729.03M | 471.25M | 384.75M | 394.17M | 363.71M | 218.56M |
| Noncurrent Liabilities (USD) | - | - | - | - | - | - | - |
| Current Liabilities (USD) | 2.11B | 1.53B | 1.24B | 921.70M | 531.57M | 365.38M | 176.91M |
| Liabilities (USD) | 2.11B | 1.53B | 1.24B | 921.70M | 531.57M | 365.38M | 176.91M |
| Intangible Assets (USD) | - | - | - | 8.26M | 9.50M | 11.51M | 744.00K |
| Fixed Assets (USD) | 2.55M | 429.00K | 373.00K | 603.00K | 527.00K | 739.00K | 845.00K |
| Noncurrent Assets (USD) | - | - | - | - | - | - | - |
| Current Assets (USD) | 3.05B | 2.26B | 1.71B | 1.31B | 925.73M | 729.09M | 395.46M |
| Assets (USD) | 3.05B | 2.26B | 1.71B | 1.31B | 925.73M | 729.09M | 395.46M |
News and Insights
Palomar Holdings, Inc. has agreed to acquire The Gray Casualty & Surety Company for $300 million in cash, expected to close in the first half of 2026. The acquisition aims to enhance Palomar's surety franchise and expand its market presence.
Moody Aldrich Partners LLC completely sold its entire 53,211 share position in Palomar Holdings for an estimated $8.21 million during Q3 2025, reducing its stake to zero, likely as part of routine portfolio rebalancing.
Palomar reported strong Q2 2025 financial results, with non-GAAP EPS of $1.76, beating analyst estimates and representing a 40.8% year-over-year increase. The company is successfully diversifying beyond earthquake insurance, with significant growth in casualty and crop insurance segments.
Palomar Holdings, Inc. Completes Acquisition of First Indemnity of America Insurance Companypositive
Palomar Holdings, Inc. has completed the acquisition of First Indemnity of America Insurance Company, expanding its presence in the surety market. The transaction is expected to diversify Palomar's specialty insurance portfolio and enhance its long-term growth and profitability.
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Palomar Holdings CEO Armstrong sells over $1.1 million in company stock - Investing.com Australianeutral
Palomar Holdings CEO Mac Armstrong sold over $1.1 million worth of company stock, reducing his direct holdings to 47,082 shares. The transactions occurred on July 18, 2024, with shares sold at prices ranging from $90.29 to $92.83.
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