PalomarPLMR
About: Palomar Holdings Inc is a United States-based company focused on the provision of specialty property insurance earthquake, wind, and flood insurance products. The company's core focus is on the residential and commercial earthquake markets in earthquake-exposed states such as California, Oregon, Washington, and states with exposure to the New Madrid Seismic Zone. It offers specialty property insurance products in the target markets to both individuals and businesses through multiple channels, including retail agents, program administrators, wholesale brokers, and in partnership with other insurance companies. Its products include Residential Earthquake, Commercial Earthquake, Specialty Homeowners, Inland Marine, Commercial All Risk, Hawaii Hurricane, Residential Flood and others.
Employees: 213
Fund manager confidence
Based on 2024 Q3 regulatory filings by fund managers ($100M+ AUM)
235% more call options, than puts
Call options by funds: $3.9M | Put options by funds: $1.16M
230% more first-time investments, than exits
New positions opened: 66 | Existing positions closed: 20
100% more funds holding in top 10
Funds holding in top 10: 1 [Q2] → 2 (+1) [Q3]
63% more repeat investments, than reductions
Existing positions increased: 104 | Existing positions reduced: 64
22% more capital invested
Capital invested by funds: $1.86B [Q2] → $2.27B (+$411M) [Q3]
19% more funds holding
Funds holding: 228 [Q2] → 272 (+44) [Q3]
0.25% less ownership
Funds ownership: 91.96% [Q2] → 91.71% (-0.25%) [Q3]
Research analyst outlook
3 Wall Street Analysts provided 1 year price targets over the past 3 months
3 analyst ratings
Piper Sandler Paul Newsome 79% 1-year accuracy 37 / 47 met price target | 23%upside $133 | Overweight Maintained | 6 Jan 2025 |
Keefe, Bruyette & Woods Meyer Shields 62% 1-year accuracy 64 / 104 met price target | 26%upside $136 | Outperform Maintained | 6 Dec 2024 |
JP Morgan Pablo Singzon 100% 1-year accuracy 2 / 2 met price target | 7%downside $100 | Neutral Maintained | 7 Nov 2024 |
Financial journalist opinion
Based on 7 articles about PLMR published over the past 30 days
