Palomar PLMR
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Relative Strength Index (RSI)
- The Relative Strength Index (RSI) is a momentum oscillator that measures the speed and change of price movements. It is typically used to identify overbought or oversold conditions in financial markets.
- The RSI is calculated using the following formula:
RSI = 100 - (100 / (1 + RS))
Where RS is the ratio of the average gains to the average losses over a specified period.
- The default time period used is 14 days.
- RSI values range between 0 and 100.
RSI values above 70 are considered overbought (indicating a potentially opportune time to sell)
RSI values below 30 are considered oversold (indicating a potentially opportune time to buy)
RSI is not a perfect indicator and should be used in conjunction with other technical analysis tools, this is for informational purposes only and is not a substitute for professional financial advice.
About
Palomar (PLMR) Business Model and Operations Summary
Palomar Holdings Inc that provides property and casualty insurance products to individuals and businesses. provide insurance products serving five categories: Earthquake, Inland Marine and Other Property, Casualty, Fronting, and Crop. Company distribute products through multiple channels, including retail agents, program administrators, wholesale brokers, and partnerships with other insurance companies. The companies Earthquake product generate high premium.
Key Insights
Palomar (PLMR) Core Market Data and Business Metrics
Latest Closing Price
$138.54Market Cap
$3.68 BillionPrice-Earnings Ratio
30.92Total Outstanding Shares
26.68 Million SharesTotal Employees
253Dividend
No dividendIPO Date
April 17, 2019SIC Description
Fire, Marine & Casualty InsurancePrimary Exchange
NASDAQHeadquarters
7979 Ivanhoe Avenue, La Jolla, CA, 92037
Historical Stock Splits
| Execution Date | Split Amount |
|---|---|
| No Historical Stock Splits | |
Cash Flow Statement
January 1, 2024 to December 31, 2024
| Metric | Value |
|---|---|
| Net Cash Flow From Investing Activities | $-306.24 Million |
| Net Cash Flow, Continuing | $28.69 Million |
| Net Cash Flow From Investing Activities, Continuing | $-306.24 Million |
| Net Cash Flow From Financing Activities, Continuing | $73.77 Million |
| Net Cash Flow | $28.69 Million |
| Net Cash Flow From Financing Activities | $73.77 Million |
Income Statement
January 1, 2024 to December 31, 2024
| Metric | Value |
|---|---|
| Operating Income/Loss | $151.20 Million |
| Operating Expenses | $402.67 Million |
| Income Tax Expense/Benefit, Current | $31.56 Million |
| Revenues | $553.86 Million |
| Provision For Loan, Lease, And Other Losses | $0 |
| Participating Securities, Distributed And Undistributed Earnings/Loss, Basic | $0 |
Comprehensive Income
January 1, 2024 to December 31, 2024
| Metric | Value |
|---|---|
| Comprehensive Income/Loss Attributable To Parent | $114.72 Million |
| Comprehensive Income/Loss | $114.72 Million |
| Other Comprehensive Income/Loss Attributable To Parent | $-2.85 Million |
| Other Comprehensive Income/Loss | $114.72 Million |
| Comprehensive Income/Loss Attributable To Noncontrolling Interest | $0 |
Balance Sheet
January 1, 2024 to December 31, 2024
| Metric | Value |
|---|---|
| Equity Attributable To Noncontrolling Interest | $0 |
| Fixed Assets | $429,000 |
| Current Assets | $2.26 Billion |
| Assets | $2.26 Billion |
| Noncurrent Assets | $0 |
| Liabilities | $1.53 Billion |
Historical Dividends
| Announcement Date | Payment Date | Record Date | Amount | Frequency |
|---|---|---|---|---|
| No historical dividends | ||||