Stocks · Financial Services · Insurance - Property & Casualty
Palomar Holdings, Inc. PLMR
$126.49 +0.44% Close, Oct 2, 2026 · NASDAQ · Market cap $3.35B
Strong growthHigh quality
Next earnings report: Nov 5, 2026
Scroll or pinch to zoom, drag to move. Daily prices adjusted for splits. Markers: E = earnings (green beat, red miss), S = split, D = dividend.
Three things to know
- Revenue over the last four quarters was $1.09B, up 60.6% from a year earlier.
- Earnings beat analyst estimates in each of the last 14 quarters (average surprise over the last four: +12.5%).
- The shares trade at 17.0× trailing earnings, lower than 90% of the company's own readings over the past five years.
PromtFinance scores
Each score is a percentile within the Financial Services sector (0–100). Under each score: how the stock ranks in its sector on every component. As of Oct 5, 2026.
How fast revenue, earnings and cash flow are growing.
- Revenue growth (TTM, YoY)Top 6%
- EPS growth (TTM, YoY)Top 35%
- FCF growth (TTM, YoY)Bottom 42%
- Revenue growth, 3-year CAGRTop 10%
- Revenue growth accelerationTop 44%
Returns on capital, margins, earnings quality and balance-sheet strength.
- Return on invested capitalTop 11%
- Gross marginBottom 34%
- Operating marginTop 44%
- Cash conversion (OCF / net income)Top 18%
- Accruals (lower is better)Top 15%
- Net debt / EBITDA (lower is better)Top 44%
- Interest coverTop 5%
How cheap the shares are relative to earnings, cash flow and their own history.
- Earnings yieldBottom 47%
- Free-cash-flow yieldTop 25%
- EBITDA / enterprise valueTop 40%
- Sales / enterprise valueBottom 49%
- P/E vs own 5-year history (lower is better)Top 11%
Strength and persistence of the price trend, including versus the S&P 500.
- 12-month return excluding last monthTop 35%
- 6-month returnBottom 49%
- 1-year return vs S&P 500Top 37%
- Distance from 52-week highBottom 36%
- Trend checklist (0–4)Top 48%
Earnings surprises and analyst sentiment (estimate-revision history is being collected).
- Average EPS surprise, last 4 quartersTop 21%
- Consecutive EPS beatsTop 2%
- Share of analysts rating BuyTop 10%
- Upside to consensus price targetTop 26%
Low volatility, shallow drawdowns, low market sensitivity and modest leverage.
- Volatility, 60 days (lower is better)Bottom 20%
- Maximum drawdown, 3 yearsBottom 23%
- Beta vs S&P 500 (lower is better)Top 20%
- Net debt / EBITDA (lower is better)Top 44%
What changed
Latest four quarters versus the same period a year earlier (growth: versus one quarter earlier).
| Measure | Before | Now | |
|---|---|---|---|
| Revenue growth (YoY) | 60.3% | 60.6% | ↑ |
| EPS growth (YoY) | 43.3% | 30.8% | ↓ |
| Gross margin | 49.6% | 58.1% | ↑ |
| Operating margin | 29.0% | 24.1% | ↓ |
| FCF margin | 55.0% | 37.6% | ↓ |
Fundamental momentum
| Measure | Now (TTM) | Year / quarter before | Sector rank | |
|---|---|---|---|---|
| Revenue growth (TTM, YoY) | 60.6% | 60.3% | ↑ | Top 6% |
| EPS growth (TTM, YoY) | 30.8% | 43.3% | ↓ | Top 35% |
| Gross margin | 58.1% | 49.6% | ↑ | Bottom 34% |
| Operating margin | 24.1% | 29.0% | ↓ | Top 44% |
| Net margin | 18.6% | 22.8% | ↓ | — |
| Free-cash-flow margin | 37.6% | 55.0% | ↓ | — |
| Return on invested capital | 11.3% | — | Top 11% | |
| Revenue growth, 3-year CAGR | 38.9% | — | Top 10% |
Quality of earnings and balance sheet
- Cash conversion (OCF / net income)Above 1× means profits are backed by cash.
- 2.04×
- Accruals (net income − OCF) / assetsLower is better; high accruals can signal weaker earnings quality.
- -5.4%
- Stock-based compensation / revenueA cost to shareholders through dilution.
- 1.0%
- Receivables growth vs revenue growthReceivables growing much faster than sales can be a warning.
- -90.6 pp
- Net debt / EBITDABelow 1× is conservative; above 3× is high leverage.
- 0.80×
- Interest cover (operating income / interest)How many times operating profit covers interest.
- 31.6×
Shareholder returns
- Dividend yield (dividends paid, TTM)
- 0.00%
- Net buyback yield (TTM)
- 1.84%
- Shareholder yield
- 1.84%
- Share count change, 1 year
- -1.9%
- Share count change, 3-year CAGR
- +2.2%
Shareholder yield = dividends + net buybacks over the last four quarters, divided by market cap.
Based on the four quarters through Jun 30, 2026 (filed Aug 5, 2026).
Earnings and expectations
Earnings momentum
- Consecutive EPS beats
- 14
- Beats in the last 8 reports
- 8 of 8
- Average EPS surprise, last 4
- +12.5%
- Average 2-day reaction, last 8
- +0.6%
- Positive 20 days after report
- 4 of 8
Analysts
- Consensus price target
- $158.50
- Target vs current price
- +25.3%
- Analysts with a rating
- 11
- Share rating Buy or Strong Buy
- 82%
- Consensus rating
- Buy
How the stock reacted to recent reports
| Report date | EPS surprise | 2 days | 5 days | 20 days | 60 days |
|---|---|---|---|---|---|
| Aug 4, 2026 | +7.8% | -0.3% | -3.7% | -2.9% | — |
| May 6, 2026 | +6.5% | -0.9% | -2.8% | -9.2% | +19.7% |
| Feb 11, 2026 | +8.7% | +1.8% | -1.1% | -7.2% | -12.1% |
| Nov 6, 2025 | +27.2% | +0.9% | +13.5% | +2.8% | +4.4% |
| Aug 4, 2025 | +4.8% | +1.5% | -7.1% | -5.1% | -12.2% |
| May 5, 2025 | +17.6% | +2.6% | +5.3% | +15.7% | -14.0% |
| Feb 12, 2025 | +24.6% | -1.2% | +11.4% | +18.2% | +45.0% |
| Nov 4, 2024 | +19.4% | +0.1% | +13.3% | +23.4% | +22.1% |
Returns from the close before each report. Past reactions do not determine future ones.
Earnings history
| Report date | EPS | Estimate | Surprise | Revenue |
|---|---|---|---|---|
| Aug 4, 2026 | $2.36 | $2.19 | +7.8% | $630.5M |
| May 6, 2026 | $2.31 | $2.17 | +6.5% | $629.8M |
| Feb 11, 2026 | $2.24 | $2.06 | +8.7% | $492.6M |
| Nov 6, 2025 | $2.01 | $1.58 | +27.2% | $244.7M |
| Aug 4, 2025 | $1.76 | $1.68 | +4.8% | $203.3M |
| May 5, 2025 | $1.87 | $1.59 | +17.6% | $174.6M |
| Feb 12, 2025 | $1.52 | $1.22 | +24.6% | $155.6M |
| Nov 4, 2024 | $1.23 | $1.03 | +19.4% | $148.5M |
Valuation in context
| Multiple | Now | 5-year median | 5-year percentile | Sector rank (cheapness) |
|---|---|---|---|---|
| P/E (trailing) | 17.0× | 24.5× | 10th | Bottom 47% |
| P/E (forward) | 12.6× | — | — | — |
| EV / EBITDA | 12.3× | — | — | Top 40% |
| EV / Sales | 3.29× | — | — | Bottom 49% |
| Free-cash-flow yield | 12.26% | — | — | Top 25% |
| Earnings yield | 5.88% | — | — | Bottom 47% |
P/E over the past five years
Range 15.8× – 208.6× since Jun 30, 2021. Each point: price on the filing date divided by trailing-twelve-month EPS known then.
What moved the stock over the past year
- Price return, 1 year
- +15.1%
- Earnings per share growth (TTM)
- +30.8%
- Change in P/E multiple
- -8.7%
Most of the move came from earnings growth.
Technical state
Trend checklist
- ✗ Price above 20-day average
- ✗ Price above 50-day average
- ✓ Price above 200-day average
- ✓ 50-day average above 200-day
- ✗ MACD histogram positive
Trend quality
- Days above the 50-day average
- 0
- Days above the 200-day average
- 1
- 50-day average slope (20 days)
- -1.0%
- 200-day average slope (20 days)
- +0.7%
- Distance from 50-day average
- -4.3%
- Distance from 200-day average
- +0.4%
- RSI (14)
- 42.5
- Relative volume
- 0.96×
Risk and drawdowns
- Volatility, 60 days (annualized)
- 35.5%
- Volatility vs own 5-year history
- 30th percentile · Normal for this stock
- Beta vs S&P 500 (2 years, weekly)
- 0.22
- Correlation with S&P 500
- 0.09
- Current drawdown from 1-year high
- -12.9%
- Maximum drawdown, 3 years
- -42.3%
Largest declines in the past six years
| From peak | To low | Decline | Length | Recovery |
|---|---|---|---|---|
| Feb 11, 2021 | Dec 28, 2022 | -60.6% | 473 days | 533 days (Feb 13, 2025) |
| Jun 2, 2025 | Jun 3, 2026 | -42.3% | 252 days | Not yet recovered |
| Oct 5, 2020 | Dec 4, 2020 | -39.5% | 43 days | 39 days (Feb 2, 2021) |
Declines of 10% or more from a closing high, measured on daily closes.
Financial statements
- Market cap
- $3.35B
- P/E (TTM)
- 17.0
- EPS, diluted (TTM)
- $7.44
- Revenue (TTM)
- $1.09B
- Dividend yield
- 0.36%
- 52-week range
- $100.81 – $147.62
| FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | |
|---|---|---|---|---|---|
| Revenue | $247.8M | $327.1M | $375.9M | $553.9M | $876.0M |
| Gross profit | $110.9M | $137.6M | $195.6M | $269.4M | $647.4M |
| Operating income | $57.1M | $67.6M | $103.6M | $151.2M | $253.4M |
| Net income | $45.8M | $52.2M | $79.2M | $117.6M | $197.1M |
| EPS (diluted) | $1.76 | $2.02 | $3.13 | $4.48 | $7.17 |
| Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | Q1 2026 | Q2 2026 | |
|---|---|---|---|---|---|---|---|---|
| Revenue | $148.4M | $155.6M | $174.6M | $201.0M | $244.7M | $253.4M | $278.9M | $314.4M |
| Net income | $30.5M | $35.0M | $42.9M | $46.5M | $51.5M | $56.2M | $42.9M | $52.6M |
| EPS (diluted) | $1.15 | $1.29 | $1.57 | $1.68 | $1.87 | $2.06 | $1.57 | $1.94 |
| FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | |
|---|---|---|---|---|---|
| Operating cash flow | $87.8M | $169.6M | $116.1M | $261.2M | $409.1M |
| Capital expenditure | -$4.9M | -$5.9M | -$6.8M | -$243,000 | -$7.1M |
| Free cash flow | $83.0M | $163.6M | $109.3M | $260.9M | $402.0M |
| Dividends paid | $0 | $0 | $0 | $0 | $0 |
| Net share buybacks | -$15.9M | -$34.4M | -$22.3M | $123.6M | -$32.4M |
Cash outflows are shown as negative numbers.
- Cash and short-term investments
- $1.57B
- Total assets
- $3.96B
- Total liabilities
- $2.98B
- Total debt
- $295.8M
- Net debt
- $233.1M
- Shareholders’ equity
- $980.9M
As of Jun 30, 2026 (filed Aug 5, 2026).
Dividends
| Ex-date | Amount | Paid |
|---|---|---|
| Aug 19, 2026 | $0.45 | Sep 2, 2026 |
Short interest
- Shares sold short
- 932,649
- Days to cover
- 5.08
- Change vs previous report
- +6.8%
FINRA short interest, settlement date Sep 15, 2026.