Palomar Holdings, Inc. (PLMR)
NASDAQ: PLMR · IEX Real-Time Price · USD
75.21
+0.80 (1.08%)
At close: Apr 15, 2024, 4:00 PM
75.11
-0.10 (-0.13%)
Pre-market: Apr 16, 2024, 6:04 AM EDT

Palomar Holdings Statistics

Total Valuation

PLMR has a market cap or net worth of $1.87 billion. The enterprise value is $1.87 billion.

Market Cap 1.87B
Enterprise Value 1.87B

Important Dates

The next estimated earnings date is Wednesday, May 1, 2024, after market close.

Earnings Date May 1, 2024
Ex-Dividend Date n/a

Share Statistics

PLMR has 24.87 million shares outstanding. The number of shares has decreased by -1.82% in one year.

Shares Outstanding 24.87M
Shares Change (YoY) -1.82%
Shares Change (QoQ) +0.17%
Owned by Insiders (%) 3.33%
Owned by Institutions (%) 94.35%
Float 24.12M

Valuation Ratios

The trailing PE ratio is 24.03 and the forward PE ratio is 17.59.

PE Ratio 24.03
Forward PE 17.59
PS Ratio 4.98
Forward PS 1.27
PB Ratio 3.97
P/FCF Ratio 17.11
PEG Ratio n/a
Financial Ratio History

Enterprise Valuation

The stock's EV/EBITDA ratio is 16.72, with an EV/FCF ratio of 17.11.

EV / Earnings 23.63
EV / Sales 4.98
EV / EBITDA 16.72
EV / EBIT 17.42
EV / FCF 17.11

Financial Position

Current Ratio n/a
Quick Ratio n/a
Debt / Equity 0.11
Debt / EBITDA 0.47
Debt / FCF 0.48
Interest Coverage 28.45

Financial Efficiency

Return on equity (ROE) is 18.50% and return on invested capital (ROIC) is 15.67%.

Return on Equity (ROE) 18.50%
Return on Assets (ROA) 5.00%
Return on Capital (ROIC) 15.67%
Revenue Per Employee $1.76M
Profits Per Employee $371,836
Employee Count 213
Asset Turnover 0.24
Inventory Turnover n/a

Taxes

In the past 12 months, PLMR has paid $24.44 million in taxes.

Income Tax 24.44M
Effective Tax Rate 23.58%

Stock Price Statistics

The stock price has increased by +40.06% in the last 52 weeks. The beta is 0.21, so PLMR's price volatility has been lower than the market average.

Beta (1Y) 0.21
52-Week Price Change +40.06%
50-Day Moving Average 74.70
200-Day Moving Average 60.68
Relative Strength Index (RSI) 41.40
Average Volume (30 Days) 160,014

Short Selling Information

The latest short interest is 468,398, so 1.88% of the outstanding shares have been sold short.

Short Interest 468,398
Short Previous Month 492,914
Short % of Shares Out 1.88%
Short % of Float 1.94%
Short Ratio (days to cover) 2.81

Income Statement

In the last 12 months, PLMR had revenue of $375.93 million and earned $79.20 million in profits. Earnings per share was $3.13.

Revenue 375.93M
Gross Profit 303.33M
Operating Income 107.42M
Pretax Income 103.64M
Net Income 79.20M
EBITDA 111.92M
EBIT 107.42M
Earnings Per Share (EPS) $3.13
Full Income Statement

Balance Sheet

The company has $51.85 million in cash and $52.60 million in debt, giving a net cash position of -$748,000 or -$0.03 per share.

Cash & Cash Equivalents 51.85M
Total Debt 52.60M
Net Cash -748,000
Net Cash Per Share -$0.03
Equity / Book Value 471.25M
Book Value Per Share 18.95
Working Capital n/a
Full Balance Sheet

Cash Flow

In the last 12 months, operating cash flow was $116.11 million and capital expenditures -$6.76 million, giving a free cash flow of $109.35 million.

Operating Cash Flow 116.11M
Capital Expenditures -6.76M
Free Cash Flow 109.35M
FCF Per Share $4.41
Full Cash Flow Statement

Margins

Gross margin is 80.69%, with operating and profit margins of 28.57% and 21.07%.

Gross Margin 80.69%
Operating Margin 28.57%
Pretax Margin 27.57%
Profit Margin 21.07%
EBITDA Margin 29.77%
EBIT Margin 28.57%
FCF Margin 29.09%

Dividends & Yields

PLMR does not appear to pay any dividends at this time.

Dividend Per Share n/a
Dividend Yield n/a
Dividend Growth (YoY) n/a
Years of Dividend Growth n/a
Payout Ratio n/a
Buyback Yield 1.82%
Shareholder Yield 1.82%
Earnings Yield 4.23%
FCF Yield 5.85%

Analyst Forecast

The average price target for PLMR is $87.50, which is 16.34% higher than the current price. The consensus rating is "Buy".

Price Target $87.50
Price Target Difference 16.34%
Analyst Consensus Buy
Analyst Count 7
Revenue Growth Forecast (5Y) n/a
EPS Growth Forecast (5Y) n/a
Stock Forecasts

Stock Splits

This stock does not have any record of stock splits.

Last Split Date n/a
Split Type n/a
Split Ratio n/a

Scores

Altman Z-Score n/a
Piotroski F-Score 6