Palomar Holdings, Inc. is an insurance holding company. It provides specialty property insurance products in their target markets to both individuals and businesses. Its products are distributed through multiple channels, including retail agents, program administrators, wholesale brokers and in partnership with other insurance companies. The market opportunity, its distinctive products and differentiated business model will enable the company to grow its business profitably. The company's wholly owned operating subsidiaries are Palomar Insurance Holdings, Inc. (PIH), which wholly owns Palomar Specialty Insurance Company (PSIC), Prospect General Insurance Agency, Inc. (PGIA) and Palomar Specialty Reinsurance Company Bermuda Ltd. (PSRE). Its primary lines of business include Residential Earthquake, Commercial Earthquake, Specialty Homeowners, Commercial All Risk, Hawaii Hurricane and Residential Flood.
Revenue (Most Recent Fiscal Year) | $553.86M |
Net Income (Most Recent Fiscal Year) | $117.57M |
PE Ratio (Current Year Earnings Estimate) | 25.60 |
PE Ratio (Trailing 12 Months) | 30.99 |
PEG Ratio (Long Term Growth Estimate) | -- |
Price to Sales Ratio (Trailing 12 Months) | 7.19 |
Price to Book Ratio (Most Recent Quarterly Book Value per Share) | 5.54 |
Price to Cash Ratio (Most Recent Annual Cash Flow per Share) | 35.39 |
Pre-Tax Margin (Trailing 12 Months) | 27.96% |
Net Margin (Trailing 12 Months) | 21.99% |
Return on Equity (Trailing 12 Months) | 20.56% |
Return on Assets (Trailing 12 Months) | 6.31% |
Current Ratio (Most Recent Fiscal Quarter) | 0.53 |
Quick Ratio (Most Recent Fiscal Quarter) | 0.53 |
Debt to Common Equity (Most Recent Fiscal Quarter) | 0.00 |
Inventory Turnover (Trailing 12 Months) | -- |
Book Value per Share (Most Recent Fiscal Quarter) | $29.56 |
Earnings per Share (Most Recent Fiscal Quarter) | $1.73 |
Earnings per Share (Most Recent Fiscal Year) | $4.51 |
Diluted Earnings per Share (Trailing 12 Months) | $5.01 |
Exchange | NASDAQ |
Sector | Financial Services |
Industry | Insurance - Property & Casualty |
Common Shares Outstanding | 26.74M |
Free Float | 25.75M |
Market Capitalization | $4.38B |
Average Volume (Last 20 Days) | 0.29M |
Beta (Past 60 Months) | 0.51 |
Percentage Held By Insiders (Latest Annual Proxy Report) | 3.70% |
Percentage Held By Institutions (Latest 13F Reports) | 90.25% |
Annual Dividend (Based on Last Quarter) | $0.00 |
Dividend Yield (Based on Last Quarter) | 0.00% |