Stock PLMR PALOMAR HOLDINGS, INC.
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Company Palomar Holdings, Inc.

Equities

PLMR

US69753M1053

Property & Casualty Insurance

Market Closed - Nasdaq
Other stock markets
 04:00:00 2024-04-29 pm EDT 		5-day change 1st Jan Change
80.25 USD +0.94% Intraday chart for Palomar Holdings, Inc. +0.51% +44.59%
Apr. 11 Evercore ISI Raises Price Target on Palomar Holdings to $86 From $68, Maintains In-Line Rating MT
Apr. 08 JPMorgan Downgrades Palomar Holdings to Neutral From Overweight, Raises Price Target to $85 From $79 MT

Business Summary

Palomar Holdings, Inc. is an insurance holding company. The Company provides property and casualty insurance products to individuals and businesses. The Company's primary lines of business include Residential and Commercial Earthquake, Fronting, Inland Marine, and Casualty. It distributes its products through multiple channels, including retail agents, program administrators, wholesale brokers, and partnerships with other insurance companies. It offers Residential Earthquake products on an admitted and excess and surplus lines (E&S) basis. Its products insure against damage to the home, contents and any appurtenant structures, and reimburse for temporary housing costs in the event of an earthquake. Its Commercial Earthquake products focused on providing coverage for benign commercial risks. Its Inland Marine products include builder’s risk, contractor’s equipment, mobile equipment, motor truck cargo, miscellaneous floaters, installation floaters, and special property floaters.

Number of employees: 213

Sales per Business

USD in Million2022Weight2023Weight Delta
Fronting
31.9 %
223 25.3 % 364 31.9 % +63.16%
Residential Earthquake
22.2 %
214 24.2 % 254 22.2 % +18.58%
Commercial Earthquake
16.1 %
132 14.9 % 183 16.1 % +39.26%
Inland Marine
12.3 %
105 11.9 % 140 12.3 % +33.31%
Casualty
6.7 %
36 4.1 % 77 6.7 % +114.76%
Hawaii Hurricane
3.3 %
33 3.7 % 38 3.3 % +15.84%
Commercial All Risk
3.1 %
52 5.9 % 36 3.1 % -31.27%
Other
2.6 %
43 4.9 % 30 2.6 % -30.95%
Residential Flood
1.8 %
15 1.6 % 20 1.8 % +38.16%
Specialty Homeowners
0.0 %
30 3.4 % 0 0.0 % -100.34%

Sales per region

USD in Million2022Weight2023Weight Delta
United States
100.0 %
882 100.0 % 1,142 100.0 % +29.45%

Managers

Managers TitleAgeSince
Mac Armstrong CEO
 Chief Executive Officer 49 14-01-31
Chris Uchida DFI
 Director of Finance/CFO 50 17-08-31
Jon Christianson PSD
 President 44 14-01-31
Jamie Lillis IRC
 Investor Relations Contact - -
Brian Pushic PRN
 Corporate Officer/Principal - 23-09-05
Robert Beyerle PRN
 Corporate Officer/Principal - -
Angela Grant LAW
 General Counsel 55 20-11-29
Jonathan Knutzen PRN
 Corporate Officer/Principal - 19-03-31
Elizabeth Seitz TRE
 Treasurer - 14-01-31
Kyle Morgan PRN
 Corporate Officer/Principal - 17-12-31

Members of the board

Members of the board TitleAgeSince
Catriona Fallon BRD
 Director/Board Member 53 19-05-20
Daryl Bradley BRD
 Director/Board Member 57 20-05-27
Martha Notaras BRD
 Director/Board Member 63 20-01-31
Richard Taketa BRD
 Director/Board Member 52 19-02-28
Daina Middleton BRD
 Director/Board Member 58 21-07-21
Mac Armstrong CEO
 Chief Executive Officer 49 14-01-31

Share class

VoteQuantityFree-FloatCompany-owned sharesTotal Float
Stock A 1 24,921,060 24,182,513 ( 97.04 %) 0 97.04 %

Shareholders

NameEquities%Valuation
BlackRock Advisors LLC
15.48 %
3,850,239 15.48 % 323 M $
Vanguard Fiduciary Trust Co.
9.502 %
2,363,067 9.502 % 198 M $
Champlain Investment Partners LLC
5.112 %
1,271,180 5.112 % 107 M $
Stephens Investment Management Group LLC
4.329 %
1,076,606 4.329 % 90 M $
STATE STREET CORPORATION
3.825 %
951,207 3.825 % 80 M $
SUMITOMO MITSUI TRUST HOLDINGS, INC.
3.729 %
927,270 3.729 % 78 M $
Nordea Investment Management AB (Denmark)
3.492 %
868,323 3.492 % 73 M $
St. Denis J. Villere & Co. LLC
2.712 %
674,370 2.712 % 57 M $
Geode Capital Management LLC
2.163 %
537,854 2.163 % 45 M $
Mac Armstrong
2.073 %
515,470 2.073 % 43 M $

Company contact information

Palomar Holdings, Inc.

7979 Ivanhoe Avenue Suite 500

92037, La Jolla

+619 567 5290

http://www.plmr.com
address Palomar Holdings, Inc.(PLMR)

Sector

Financials
Insurance
Insurance
Property & Casualty Insurance
Other Property & Casualty Insurance

Sales per Business

Ratings for Palomar Holdings, Inc.

Trading Rating
Investor Rating
ESG Refinitiv
C
More Ratings

Analysts' Consensus

Sell
Consensus
Buy
Mean consensus
OUTPERFORM
Number of Analysts
8
Last Close Price
79.5 USD
Average target price
88.67 USD
Spread / Average Target
+11.53%
Consensus

EPS Revisions

Estimates Revisions

Quarterly earnings - Rate of surprise

Company calendar

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