The information provided on EL7.AI is for educational and informational purposes only and does not constitute financial advice.
The information provided on EL7.AI is for educational and informational purposes only and does not constitute financial advice.
| Factor | Score | Distribution | Value | Avg | Rank |
|---|---|---|---|---|---|
Valuation | 64 | 18.0x | 20.8x | Around median | |
Growth | 94 | 60.7% | 6.1% | Top tier | |
Quality | 93 | — | — | Top tier | |
Safety | 38 | — | — | Bottom tier | |
Capital Return | 17 | — | 2.02% | Bottom tier | |
Momentum | 56 | -18.6% | 4.1% | Around median | |
Sentiment | 39 | 6 | 3 | Bottom tier |
Estimates — analyst targets and a simplified DCF, not investment advice.
Ten ratios that matter, each compared against its sector median and average — so you can see whether a number is rich or cheap relative to peers in the same sector.
Palomar Holdings, Inc. (PLMR) is a leading specialty insurance company focused on providing innovative insurance solutions in select markets, including residential and commercial earthquake, specialty homeowners, casualty, crop insurance, as well as surety and credit. The company generates its revenue primarily from written premiums and managing a diversified investment portfolio valued at approximately $1.6 billion, relying on a flexible business model that balances retention with sophisticated reinsurance programs to reduce earnings volatility and achieve strong risk-adjusted returns.
During the first quarter of 2026, the company's financial results demonstrated highly robust performance; gross written premiums (GWP) increased by 42% year-over-year to reach $629.8 million, driven by broad-based growth across all five major product categories. Net earned premiums rose by 59% to $261.4 million, representing 51.9% of gross earned premiums compared to 43.7% in the prior year's quarter. The company recorded quarterly revenue of $278.9 million according to official financial statements.
On the profitability front, the company achieved GAAP net income of $42.9 million with earnings per share of $1.57, while adjusted net income increased by 23% to reach $63.1 million (or $2.31 per diluted share) compared to $51.3 million in the first quarter of 2025. Adjusted underwriting operating income reached $62.8 million, while the company recorded an adjusted combined ratio of 76% and an adjusted annualized return on equity of 26.6%, which significantly exceeds the company's strategic target threshold of 20%.
Palomar Holdings, Inc. (PLMR) stock enjoys a strong buy consensus among analysts, with an average price target of $110.25, ranging from a low of $88 to a high of $134. Given the stock's 52-week trading range of $100.81 to $165.1, the stock currently trades above the analysts' average price target but remains within its annual price range, supported by management's assessment that its shares are trading below fair value and its continuation of aggressive share repurchases.
Figures in the text are as of 2026-06-15; the live price is shown at the top of the page.
The company achieved record performance in the first quarter of 2026, with gross written premiums increasing by 42% to reach $629.8 million, and adjusted net income growing by 23% to record $63.1 million, with adjusted earnings per share of $2.31. Underwriting operating income also reached $62.8 million, and the company maintained an excellent adjusted combined ratio of 76% and an adjusted annualized return on equity of 26.6%, which exceeds its strategic targets.
Gray Surety was successfully integrated under the new Palomar Casualty and Surety brand, driving the surety and credit segment to achieve massive year-over-year growth of 131% in the first quarter of 2026. The platform obtained a Treasury listing authority exceeding $72 million, paving the way for writing major federal project bonds in the future. Management expects this step to help transform the platform into one of the top 20 surety markets over time.
The company's board of directors approved on May 6, 2026, a new $200 million, two-year share repurchase program to replace the previous program. This announcement came after the company repurchased 190,255 shares during the first quarter of 2026 at a cost of $23.1 million, followed by the purchase of an additional 38,875 shares through May 5, 2026, at a cost of $4.2 million. Management believes its stock is trading below fair value and is utilizing capital to enhance shareholder returns.
Automated analysis for informational purposes only — not investment advice.
The company completed six new reinsurance treaties, including three casualty and three property agreements, under improved economic terms, in addition to issuing its seventh catastrophe bond, Torrey Pines Re, for $410 million to protect its California earthquake and Hawaii hurricane portfolios. This issuance was characterized by a 15% reduction in protection pricing on a risk-adjusted basis. Furthermore, prior-period earnings helped offset $3 million in Hawaii flood losses in March 2026 without impacting the annual catastrophe budget of $8 million to $12 million.
Management decided to raise its full-year 2026 adjusted net income guidance to be between $262 million and $278 million, compared to previous estimates ranging from $260 million to $275 million. This optimism is driven by a strong start to the year, the great success of the reinsurance program, and robust growth in the surety, crop, and residential earthquake segments. The midpoint of the new range represents 25% year-over-year growth and a doubling of the profits achieved in 2024.