Palomar share price today

(PLMR)

Palomar share price is $104.93 & ₹8,916.53 as on 21 Dec 2024, 2.30 'hrs' IST

$104.93

▲

1.12

(1.08%)

Market is closed - opens 8 PM, 23 Dec 2024

View live Palomar share price in Dollar and Rupees. Guide to invest in Palomar from India. Also see the sentimental analysis on Indian investors investing in Palomar. Get details on the Indian mutual funds that are investing in Palomar. Get Analyst recommendations and forecasts along with all the Palomar's financials.

Palomar share price movements

Today's Low: $100.74
Today's High: $105.65
$104.93
3.99%
Downside
Day's Volatility :4.65%
Upside
0.68%
52 Weeks Low: $54.50
52 Weeks High: $112.90
$104.93
48.06%
Downside
52 Weeks Volatility :51.73%
Upside
7.06%

Palomar Returns

Period	Palomar Holdings Inc	Sector (Financials)	Index (Russel 2000)
3 Months	9.61%	6.2%	0.0%
6 Months	33.06%	17.4%	0.0%
1 Year	82.9%	30.2%	0.0%
3 Years	67.46%	26.2%	-19.7%

Palomar Key Statistics

in dollars & INR

Previous Close	$103.81
Open	$102.05
Today's High	$105.65
Today's Low	$100.74
Market Capitalization	$2.7B
Today's Volume	$370.1K
52 Week High	$112.9
52 Week Low	$54.5
Revenue TTM	$503.5M
EBITDA	$143.3M
Earnings Per Share (EPS)	$4.22
PE Ratio	24.6
Profit Margin	21.55%
Quarterly Earnings Growth YOY	0.57%
Return On Equity TTM	19.3%

How to invest in Palomar from India?

It is very easy for Indian residents to invest directly in Palomar from India. Indian investors can open a free US stocks account on the INDmoney app. You can find live prices of the Palomar stock in both Indian Rupees (INR) and US Dollars (USD). Search for Palomar or PLMR on the INDmoney app and click on Buy or SIP. You can invest by choosing quantities of shares of Palomar or rupee/ dollar value or set up a fixed SIP amount to be invested every month or week.

For example: You can easily buy Rs.100 worth of Palomar shares which would translate to 0.008 fractional shares of Palomar as of today. Learn more about fractional investing.

Indians can now also easily transfer and add money to their US stocks account via the INDmoney app. Invest in US Stocks from India , including recognised companies like Palomar, in just a few clicks!

Returns in Palomar for Indian investors in Rupees

Investment Value

₹1,00,000

Palomar investment value today

Current value as on today

₹1,85,097

Returns

₹85,097

(+85.1%)

Returns from Palomar Stock

₹82,900 (+82.9%)

Dollar Returns

₹2,196 (+2.2%)

Indian investors sentiment towards Palomar

50%

Period: Sep 21, 2024 to Dec 20, 2024. Change in 30 Days versus previous period

Search volume for Palomar on INDmoney from India has grown in the last 30 days as on Dec 21, 2024. 50% more investors are searching Palomar in the last 30 days versus the previous period.

Global Institutional Holdings in Palomar

BlackRock Inc
14.92%
Vanguard Group Inc
9.53%
Champlain Investment Partners, LLC
4.50%
State Street Corp
4.15%
Stephens Inv Mgmt Group LLC
3.30%
Sumitomo Mitsui Trust Group Inc
2.44%

Analyst Recommendation on Palomar

Buy

66%Buy

33%Hold

0%Sell

Based on 15 Wall street analysts offering stock ratings for Palomar(by analysts ranked 0 to 5 stars)

Based on 15 analyst

Current
1M Ago
3M Ago

Buy

Hold

Sell

Analyst Forecast on Palomar

What analysts predicted

Upside of 7.06%

Current:

$104.93

Target:

$112.33

Insights on Palomar

Price Movement
In the last 1 year, PLMR stock has moved up by 82.6%
Increasing Revenue
Revenue is up for the last 16 quarters, 42.29M → 148.50M (in $), with an average increase of 7.9% per quarter
Increasing Net Profit
Netprofit is up for the last 2 quarters, 25.72M → 30.49M (in $), with an average increase of 15.6% per quarter
PLMR vs PGR (3 yr)
In the last 3 years, Progressive Corp. has given 137.1% return, outperforming this stock by 67.3%

Palomar Financials in INR & Dollars

	FY18	Y/Y Change
Revenue	$73.0M	↑ 22.71%
Net Income	$18.2M	↑ 381.6%
Net Profit Margin	24.97%	↑ 18.61%

	FY19	Y/Y Change
Revenue	$113.3M	↑ 55.26%
Net Income	$10.6M	↓ 41.7%
Net Profit Margin	9.37%	↓ 15.6%

	FY20	Y/Y Change
Revenue	$168.5M	↑ 48.69%
Net Income	$6.3M	↓ 41.09%
Net Profit Margin	3.71%	↓ 5.66%

	FY21	Y/Y Change
Revenue	$247.8M	↑ 47.09%
Net Income	$45.8M	↑ 632.73%
Net Profit Margin	18.5%	↑ 14.79%

	FY22	Y/Y Change
Revenue	$327.1M	↑ 32.0%
Net Income	$52.2M	↑ 13.79%
Net Profit Margin	15.95%	↓ 2.55%

	FY23	Y/Y Change
Revenue	$375.9M	↑ 14.93%
Net Income	$79.2M	↑ 51.81%
Net Profit Margin	21.07%	↑ 5.12%

	Q2 FY23	Q/Q Change
Revenue	$90.4M	↑ 1.34%
Net Income	$17.6M	↑ 1.44%
Net Profit Margin	19.43%	↑ 0.02%

	Q3 FY23	Q/Q Change
Revenue	$90.9M	↑ 0.6%
Net Income	$18.4M	↑ 4.95%
Net Profit Margin	20.27%	↑ 0.84%

	Q4 FY23	Q/Q Change
Revenue	$105.4M	↑ 15.9%
Net Income	$25.9M	↑ 40.49%
Net Profit Margin	24.57%	↑ 4.3%

	Q1 FY24	Q/Q Change
Revenue	$118.5M	↑ 12.47%
Net Income	$26.4M	↑ 1.88%
Net Profit Margin	22.26%	↓ 2.31%

	Q2 FY24	Q/Q Change
Revenue	$131.4M	↑ 10.85%
Net Income	$25.7M	↓ 2.48%
Net Profit Margin	19.58%	↓ 2.68%

	Q3 FY24	Q/Q Change
Revenue	$148.5M	↑ 13.02%
Net Income	$30.5M	↑ 18.53%
Net Profit Margin	20.54%	↑ 0.96%

	FY18	Y/Y Change
Profit	$73.0M	↑ 22.71%

	FY19	Y/Y Change
Profit	$113.3M	↑ 55.26%

	FY20	Y/Y Change
Profit	$168.5M	↑ 48.69%

	FY21	Y/Y Change
Profit	$247.8M	↑ 47.09%

	FY22	Y/Y Change
Profit	$327.1M	↑ 32.0%

	FY23	Y/Y Change
Profit	$375.9M	↑ 14.93%

	Q2 FY23	Q/Q Change
Profit	$90.4M	↑ 1.34%

	Q3 FY23	Q/Q Change
Profit	$90.9M	↑ 0.6%

	Q4 FY23	Q/Q Change
Profit	$105.4M	↑ 15.9%

	Q1 FY24	Q/Q Change
Profit	$118.5M	↑ 12.47%

	Q2 FY24	Q/Q Change
Profit	$131.1M	↑ 10.57%

	Q3 FY24	Q/Q Change
Profit	$148.5M	↑ 13.3%

	FY18	Y/Y Change
Operating Cash Flow	$22.8M	↑ 12.64%
Investing Cash Flow	$-25.4M	↑ 32.61%
Financing Cash Flow	$1.5M	↑ 0.0%

	FY19	Y/Y Change
Operating Cash Flow	$41.7M	↑ 82.83%
Investing Cash Flow	$-80.6M	↑ 217.63%
Financing Cash Flow	$62.3M	↑ 3921.37%

	FY20	Y/Y Change
Operating Cash Flow	$53.6M	↑ 28.42%
Investing Cash Flow	$-181.4M	↑ 125.21%
Financing Cash Flow	$128.3M	↑ 106.02%

	FY21	Y/Y Change
Operating Cash Flow	$87.8M	↑ 63.98%
Investing Cash Flow	$-58.2M	↓ 67.93%
Financing Cash Flow	$-13.0M	↓ 110.16%

	FY22	Y/Y Change
Operating Cash Flow	$169.6M	↑ 93.12%
Investing Cash Flow	$-156.8M	↑ 169.48%
Financing Cash Flow	$5.0M	↓ 138.47%

	Q2 FY23	Q/Q Change
Operating Cash Flow	$5.8M	↓ 66.93%
Investing Cash Flow	$-19.0M	↓ 43.93%
Financing Cash Flow	$-8.5M	↓ 129.71%

Palomar Technicals Summary

Sell

Neutral

Buy

Palomar is currently in a neutral trading position according to technical analysis indicators.

Palomar Vs Peers

Company Name	1 Month	6 Month	1 Year	3 Years	5 Years
Palomar Holdings Inc	-3.44%	33.06%	82.9%	67.46%	100.71%
Progressive Corp.	-8.91%	13.9%	52.11%	137.22%	234.73%
Hartford Financial Services Group, Inc.	-8.5%	4.84%	37.58%	61.87%	82.15%
Travelers Companies, Inc., The	-7.69%	14.06%	29.58%	55.64%	76.73%
Allstate Corporation, The	-4.88%	19.18%	40.87%	70.66%	74.57%
Chubb Corporation, The	-4.18%	2.66%	23.75%	45.03%	77.17%

Company Name	P/E Ratio	P/B Ratio	PEG Ratio	EPS	ROE	ROA	Div Yield	BVPS
Palomar Holdings Inc	24.6	24.6	NA	4.78	0.19	0.05	NA	26.59
Progressive Corp.	17.44	17.44	0.12	13.39	0.36	0.07	0.0	46.36
Hartford Financial Services Group, Inc.	10.75	10.75	1.41	10.05	0.2	0.03	0.02	57.34
Travelers Companies, Inc., The	12.21	12.21	0.81	18.88	0.19	0.03	0.02	122.01
Allstate Corporation, The	12.27	12.27	3.4	16.31	0.24	0.03	0.02	71.23
Chubb Corporation, The	11.2	11.2	3.39	21.9	0.16	0.03	0.01	163.16

Company Name	Analyst View	Market Cap	5 Years Return %	PE Ratio	Profit Margin
Palomar Holdings Inc	Buy	$2.7B	100.71%	24.6	21.55%
Progressive Corp.	Buy	$140.6B	234.73%	17.44	11.27%
Hartford Financial Services Group, Inc.	Buy	$31.7B	82.15%	10.75	11.61%
Travelers Companies, Inc., The	Hold	$54.0B	76.73%	12.21	10.02%
Allstate Corporation, The	Buy	$51.3B	74.57%	12.27	6.77%
Chubb Corporation, The	Buy	$110.1B	77.17%	11.2	18.28%

About Palomar

palomar specialty insurance company is committed to providing a stable option for catastrophe insurance. experience, knowledge and financial strength allow palomar to focus on the specialized needs of catastrophe risk for commercial and personal property.

Organization	Palomar
Employees	213
CEO	Mr. D. McDonald Armstrong
Industry	Property/Casualty Insurance

Management People of Palomar

Name	Title
Mr. D. McDonald Armstrong	Founder, CEO & Chairman of the Board
Mr. Jon Marcus Christianson	President
Mr. Toshio Christopher Uchida CPA	Chief Financial Officer
Ms. Angela Leann Grant	Chief Legal Officer & Corporate Secretary
Mr. Jonathan Blake Knutzen	Chief Risk Officer
Mr. Rodolphe Herve	Chief Operating Officer
Ms. Elizabeth Whitaker Seitz CPA	EVP of Treasury & Financial Operations and Chief Accounting Officer
Mr. James Long	Chief Technology Officer
Mr. Kyle Morgan	Executive Vice President of Corporate & Business Development
Mr. John MacDonald	Senior Vice President of Marketing

Important FAQs about investing in Palomar from India :

What is Palomar share price today?

Palomar share price today stands at $104.93, Open: $102.05 ; Previous Close: $103.81 ; High: $105.65 ; Low: $100.74 ; 52 Week High: $112.90 ; 52 Week Low: $54.50. The stock opens at $102.05, after a previous close of $103.81. The stock reached a daily high of $105.65 and a low of $100.74, with a 52-week high of $112.90 and a 52-week low of $54.50.

Can Indians buy Palomar shares?

Yes, Indians can invest in the Palomar (PLMR) from India.

With INDmoney, you can buy Palomar at 0 brokerage. The step-by-step process is as follows:

Open your zero cost US Stocks account and zero balance IND linked savings a/c (this can be done in less than 3 minutes)
Transfer funds to your US Stocks account using your IND linked savings a/c (It takes 24 hours excluding Saturday and Sunday). With INDmoney, you get the best INR USD exchange rates.
Once funds are transferred successfully, you can buy Palomar at zero transaction cost.

How can I buy Palomar shares from India?

It is very easy to buy Palomar from India. With INDmoney, you can open a US stocks account in less than 3 minutes. Transfer funds in 24 hours and buy stocks very easily - that too at 0 brokerage. All this is done at 0 account opening & management fee, 0 brokerages, and at the same time you get the best rupee-US dollar exchange rate.

Can Fractional shares of Palomar be purchased?

Yes, you can buy fractional shares of Palomar with INDmoney app.

What are the documents required to start investing in Palomar stocks?

To start investing in Palomar, You will need the following documents:

Proof of Identification (PAN, Aadhaar etc)
Proof of address (Aadhaar, Voter ID etc)

These documents are required as per RBI's guidelines to create your IND linked savings a/c so that you can execute for global fund transfer. The entire process is paperless and can be completed seamlessly.