Palomar

Palomar Holdings, Inc. operates as an insurance holding company. The firm focuses 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 property and casualty insurance. The company was founded by Armstrong Mac & Fisher Heath on October 4, 2013 and is headquartered in La Jolla, CA.

Earnings data Q1 2021

Earnings data Q2 2021

Earnings data Q3 2021

Earnings data Q4 2021

Earnings data Q1 2022

Earnings data Q2 2022

Earnings data Q3 2022

Earnings data Q4 2022

Earnings data Q1 2023

Earnings data Q2 2023

Earnings data Q3 2023

Earnings data Q4 2023

Earnings data Q1 2024

Earnings data Q2 2024

Earnings data Q3 2024

Earnings data Q4 2024

Palomar Holdings excels in Q4, eyes sustained growth amid challenges

Palomar's Q4 performance reflects strong growth and strategic resilience in a challenging insurance market landscape.
The company's focus on sustaining profitable growth in earthquake insurance and leveraging strategic partnerships positions it for continued success.
While facing challenges such as loss ratios and market uncertainties, Palomar remains optimistic about future opportunities for growth and profitability.

Palomar reports robust Q1 performance, eyes growth amid industry shifts

Palomar's Q1 2023 performance reflects strong growth and strategic focus, despite challenges from industry dynamics. The company's strengths lie in its market positioning, growth areas, and reinsurance program enhancements. Opportunities exist in further expanding core businesses and delivering on financial targets.

Palomar Holdings excels in Q2, eyes growth in new markets

Palomar's Q2 performance showcases growth, profitability, and strategic advancements across key business segments, positioning the company for continued success and expansion.

Palomar Holdings excels in Q3 2023, eyes growth through diversification

Palomar Holdings' Q3 2023 performance reflects strong growth and profitability across key business segments, underpinned by strategic initiatives and prudent risk management. While the company faces challenges related to evolving market dynamics, opportunities for expansion through Assumed Reinsurance and inflation guard strategies position it well for sustainable growth. Palomar's focus on maintaining underwriting discipline and pursuing profitable growth underscores its commitment to delivering consistent results for stakeholders.

Palomar reports record premium growth and strategic diversification success

Palomar Holdings' strong performance in Q4 and full year 2023, driven by diversification, strategic objectives met, and robust premium growth, positions the company for continued success in 2024. While challenges like managing loss ratios and fronting appetite exist, opportunities in expanding Crop Insurance and improved reinsurance economics provide avenues for growth.

Palomar (PLMR) reports robust Q1 earnings, eyes growth opportunities

Palomar's Q1 2024 earnings call highlighted strong financial performance, growth across key product lines, and an upward revision of adjusted net income guidance for the full year. Despite challenges in fronting business and business mix changes, the company remains focused on achieving its strategic goals and capitalizing on growth opportunities.

Palomar Holdings reports record Q2 performance and strategic expansion

Palomar Holdings, Inc. achieved remarkable growth in Q2 2024, with record premiums and improved net income. The company's strategic focus on expansion, financial strength, and product performance underscores its resilience and growth potential in the market. Addressing challenges and seizing opportunities will be crucial for sustaining momentum and driving future success.

Palomar reports robust Q3 earnings, eyes growth in Earthquake insurance

Palomar's Q3 performance reflects strong financial growth, strategic focus on premium expansion, and investments in talent and operational efficiency.
While facing challenges in market dynamics and risk management, the company's strengths in niche insurance classes and growth opportunities in Residential Earthquake insurance position it for continued success.
Overall, Palomar's performance underscores a resilient business model, strategic foresight, and a commitment to delivering consistent earnings and sustainable growth.

Revenue

Cost of revenue

Gross profit

Operating expenses

SG&A

Other

Operating income

EBITDA

Net income

Earnings per share

Total assets

Current assets

Cash & equivalents

Receivables

Inventory

Non-current assets

Net PPE

Intangibles

Total liabilities

Current liabilities

Short term debt

Income tax payable

Non-current liabilities

Long-term debt

Total equity

Stockholders equity

Minority interest

Total liabilities & equity

Total debt

Net debt

Book value per share

Cash from operations

Funds from operations

Change in working capital

Cash from investing

Capital expenditure

Purchase/sale of investments

Purchase/sale of business

Other sources

Cash from financing

Change in stock

Change in debt

Cash dividends paid

Cash from other sources

Net change in cash

Free cash flow

Palomar Holdings, Inc. is a specialty insurance company, which engages in the provision of property and casualty insurance products to individuals and businesses. The firm focuses on the residential and commercial earthquake markets in earthquake-exposed states such as California, Oregon, and Washington and states with exposure to the New Madrid Seismic Zone. It offers property and casualty insurance. The company was founded by Armstrong Mac and Fisher Heath in February 2014 and is headquartered in La Jolla, CA.

Applied Therapeutics Inc

Aprea Therapeutics

BioNTech SE

Glaukos

Inmode Ltd

Karuna Therapeutics Inc

Nextcure

Rapt Therapeutics Inc

Turning Point Therapeutics

Incredibly, they're almost all health stocks, including 7 biotechs, an eye surgery platform, and a medical device company.

These Were the 10 Best IPOs of 2019

Beyond Meat

Zoom Video

Just nine of the 145 stocks to go public on a stateside exchange this year have more than doubled.

3 IPOs That Have More Than Doubled in 2019

Palomar Holdings, Inc. (PLMR) CEO Mac Armstrong on Q3 2019 Results - Earnings Call Transcript

LA JOLLA, Calif., Nov.  04, 2019  (GLOBE NEWSWIRE) -- Palomar Holdings, Inc. (NASDAQ:PLMR) (“Palomar” or the “Company”) reported net income of $7.5 million, or $0.31 per diluted share, for the third quarter of 2019 compared to net income of $1.6 million, or $0.09 per diluted share, for the third quarter of 2018. Adjusted net income(1) was $9.6 million, or $0.40 per diluted share, for the third quarter of 2019 as compared to $2.7 million, or $0.16 per diluted share, for the third quarter of 2018.

Palomar Holdings, Inc. Reports Third Quarter 2019 Results

Palomar (PLMR) saw a big move last session, as its shares jumped nearly 8% on the day, amid huge volumes.

Palomar (PLMR) in Focus: Stock Moves 7.9% Higher

LA JOLLA, Calif., Sept.  25, 2019  (GLOBE NEWSWIRE) -- Palomar Holdings, Inc. (“Palomar”) today announced the pricing of its upsized underwritten public offering (the “Offering") of 5,250,000 shares of Palomar’s common stock by affiliates of Genstar Capital (the “Genstar Affiliates”) and certain directors and officers of the Company (together, with the Genstar Affiliates, the “Selling Stockholders”) at a public offering price of $36.50 per share. In addition, the underwriters have been granted a 30-day option to purchase up to 787,500 additional shares of common stock from the Genstar Affiliates at the public offering price, less underwriting discounts and commissions. The offering consists entirely of secondary shares to be sold by the Selling Stockholders. Palomar will not receive any proceeds from the sale of shares in the Offering.

Palomar Holdings, Inc. Announces Pricing of Upsized Secondary Public Offering

LA JOLLA, Calif., Sept.  23, 2019  (GLOBE NEWSWIRE) -- Palomar Holdings, Inc. (NASDAQ:PLMR) (“Palomar” or “Company”) today announced that affiliates of Genstar Capital (the “Genstar Affiliates”) and certain directors and officers of the Company (together, with the Genstar Affiliates, the “Selling Stockholders”) are offering 5,000,000 shares of the Company’s common stock, par value $0.0001 per share (the “Common Stock”), in an underwritten public offering. In addition, the Genstar Affiliates intend to grant the underwriters of the offering an option, exercisable within 30 days from the date of the final prospectus relating to the offering, to purchase up to an additional 750,000 shares of Common Stock at the public offering price, less underwriting discounts and commissions. The offering consists entirely of secondary shares to be sold by the Selling Stockholders. The Selling Stockholders will receive all of the proceeds from the offering.

Palomar Holdings, Inc. Launches Secondary Public Offering

As of late, it has definitely been a great time to be an investor in Palomar.

Palomar's Shares March Higher, Can It Continue?

San Diego-based insurer Palomar Holdings Inc. issued a statement in the wake of the 6.4 magnitude earthquake that hit Searles Valley, Calif. on July 4, the largest in Southern California in the past 20 years.

Palomar Holdings total exposure to SoCal earthquake is 'considerably less' than reserves

News for Palomar Stock (PLMR)