Palomar (PLMR) & Its Rivals Head-To-Head Contrast

Palomar (NASDAQ:PLMR) is one of 311 publicly-traded companies in the “Insurance” industry, but how does it compare to its rivals? We will compare Palomar to similar businesses based on the strength of its earnings, dividends, institutional ownership, valuation, profitability, risk and analyst recommendations.

Profitability

This table compares Palomar and its rivals’ net margins, return on equity and return on assets.

	Net Margins	Return on Equity	Return on Assets
Palomar	17.60%	25.42%	6.90%
Palomar Competitors	9.08%	-9.84%	4.11%

Risk & Volatility

Palomar has a beta of 0.28, meaning that its stock price is 72% less volatile than the S&P 500. Comparatively, Palomar’s rivals have a beta of -1.59, meaning that their average stock price is 259% less volatile than the S&P 500.

Institutional and Insider Ownership

90.2% of Palomar shares are owned by institutional investors. Comparatively, 55.8% of shares of all “Insurance” companies are owned by institutional investors. 3.7% of Palomar shares are owned by insiders. Comparatively, 13.5% of shares of all “Insurance” companies are owned by insiders. Strong institutional ownership is an indication that large money managers, endowments and hedge funds believe a company is poised for long-term growth.

Earnings and Valuation

This table compares Palomar and its rivals gross revenue, earnings per share (EPS) and valuation.

	Gross Revenue	Net Income	Price/Earnings Ratio
Palomar	$875.97 million	$197.07 million	19.49
Palomar Competitors	$15.26 billion	$1.70 billion	34.41

Palomar’s rivals have higher revenue and earnings than Palomar. Palomar is trading at a lower price-to-earnings ratio than its rivals, indicating that it is currently more affordable than other companies in its industry.

Analyst Recommendations

This is a summary of recent ratings and recommmendations for Palomar and its rivals, as reported by MarketBeat.com.

	Sell Ratings	Hold Ratings	Buy Ratings	Strong Buy Ratings	Rating Score
Palomar	0	1	6	0	2.86
Palomar Competitors	3338	15688	16538	742	2.40

Palomar currently has a consensus target price of $165.80, suggesting a potential upside of 6.45%. As a group, “Insurance” companies have a potential upside of 5.36%. Given Palomar’s stronger consensus rating and higher possible upside, research analysts clearly believe Palomar is more favorable than its rivals.

Dividends

Palomar pays an annual dividend of $1.80 per share and has a dividend yield of 1.2%. Palomar pays out 22.5% of its earnings in the form of a dividend. As a group, “Insurance” companies pay a dividend yield of 2.9% and pay out 31.0% of their earnings in the form of a dividend.

Summary

Palomar beats its rivals on 9 of the 15 factors compared.

About Palomar

Palomar Holdings, Inc., a specialty insurance company, provides property and casualty insurance to residential and businesses in the United States. The company offers personal and commercial specialty property insurance products, including residential and commercial earthquake, fronting, commercial all risk, specialty homeowners, inland marine, Hawaii hurricane, and residential flood, as well as other products, such as assumed reinsurance. It markets and distributes its products through retail agents, wholesale brokers, program administrators, and carrier partnerships. The company was formerly known as GC Palomar Holdings and changed its name to Palomar Holdings, Inc. The company was incorporated in 2013 and is headquartered in La Jolla, California.