PLMR Stock Analysis
PL
Uncovered
Palomar Holdings Inc is uncovered by Eyestock quantitative analysis.
Upside
To determine whether the current price is a reasonable to buy a stock, we compare it to our estimate of fair value. The more undervalued a stock is, the higher the upside.
Undervalued
Palomar Holdings, Inc. operates as an insurance holding company. The company is headquartered in La Jolla, California and currently employs 191 full-time employees. The company went IPO on 2019-04-17. The firm is focused on providing specialty insurance to residential and commercial customers. Its primary lines of business include Residential Earthquake, Commercial Earthquake, Specialty Homeowners, Inland Marine, Commercial All Risk, Hawaii Hurricane, and Residential Flood. The company distributes products through multiple channels, including retail agents, program administrators, wholesale brokers, and in partnership with other insurance companies. The firm offer Residential Earthquake products insure against damage to the home, contents, and any appurtenant structures in 18 states. Commercial Earthquake products focused on providing coverage for benign commercial risks. Specialty Homeowners product provides admitted insurance coverage to homeowners in wind-exposed coastal regions. The Commercial All Risk policy covers the perils of fire and wind, with wind including hurricane, tornado, and hailstorm.