Palomar (NASDAQ: PLMR) is one of 77 public companies in the “Fire, marine, & casualty insurance” industry, but how does it compare to its rivals? We will compare Palomar to related companies based on the strength of its profitability, risk, dividends, earnings, valuation, analyst recommendations and institutional ownership.

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 9.37% 20.80% 11.11%
Palomar Competitors 3.08% 4.20% 0.58%

Analyst Ratings

This is a breakdown of recent recommendations and price targets for Palomar and its rivals, as reported by MarketBeat.

Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
Palomar 0 1 6 0 2.86
Palomar Competitors 923 3005 2598 183 2.30

Palomar currently has a consensus target price of $51.60, indicating a potential upside of 1.20%. As a group, “Fire, marine, & casualty insurance” companies have a potential upside of 37.60%. Given Palomar’s rivals higher possible upside, analysts plainly believe Palomar has less favorable growth aspects than its rivals.

Institutional and Insider Ownership

55.9% of Palomar shares are held by institutional investors. Comparatively, 57.5% of shares of all “Fire, marine, & casualty insurance” companies are held by institutional investors. 13.1% of shares of all “Fire, marine, & casualty insurance” companies are held by insiders. Strong institutional ownership is an indication that hedge funds, endowments and large money managers believe a company is poised for long-term growth.

Earnings & Valuation

This table compares Palomar and its rivals revenue, earnings per share and valuation.

Gross Revenue Net Income Price/Earnings Ratio
Palomar $113.30 million $10.62 million 29.47
Palomar Competitors $14.29 billion $2.95 billion 33.43

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.

Palomar Company Profile

There is no company description available for Palomar Holdings Inc.

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