Palomar (PLMR) Competitors

$84.07
-0.69 (-0.81%)
(As of 05/9/2024 ET)

PLMR vs. SPNT, FIHL, HMN, HG, SKWD, MAX, LMND, SAFT, HCI, and EIG

Should you be buying Palomar stock or one of its competitors? The main competitors of Palomar include SiriusPoint (SPNT), Fidelis Insurance (FIHL), Horace Mann Educators (HMN), Hamilton Insurance Group (HG), Skyward Specialty Insurance Group (SKWD), MediaAlpha (MAX), Lemonade (LMND), Safety Insurance Group (SAFT), HCI Group (HCI), and Employers (EIG).

Palomar vs.

Palomar (NASDAQ:PLMR) and SiriusPoint (NYSE:SPNT) are both mid-cap finance companies, but which is the better business? We will contrast the two companies based on the strength of their community ranking, institutional ownership, analyst recommendations, risk, profitability, media sentiment, dividends, valuation and earnings.

SiriusPoint has higher revenue and earnings than Palomar. SiriusPoint is trading at a lower price-to-earnings ratio than Palomar, indicating that it is currently the more affordable of the two stocks.

CompanyGross RevenuePrice/Sales RatioNet IncomeEarnings Per SharePrice/Earnings Ratio
Palomar$405.26M5.17$79.20M$3.4824.16
SiriusPoint$2.74B0.78$354.80M$1.687.45

Palomar received 73 more outperform votes than SiriusPoint when rated by MarketBeat users. Likewise, 58.27% of users gave Palomar an outperform vote while only 20.00% of users gave SiriusPoint an outperform vote.

CompanyUnderperformOutperform
PalomarOutperform Votes
74
58.27%
Underperform Votes
53
41.73%
SiriusPointOutperform Votes
1
20.00%
Underperform Votes
4
80.00%

In the previous week, Palomar had 16 more articles in the media than SiriusPoint. MarketBeat recorded 16 mentions for Palomar and 0 mentions for SiriusPoint. Palomar's average media sentiment score of 0.68 beat SiriusPoint's score of 0.00 indicating that Palomar is being referred to more favorably in the media.

Company Overall Sentiment
Palomar Positive
SiriusPoint Neutral

Palomar has a beta of 0.24, suggesting that its stock price is 76% less volatile than the S&P 500. Comparatively, SiriusPoint has a beta of 0.95, suggesting that its stock price is 5% less volatile than the S&P 500.

Palomar presently has a consensus price target of $89.17, suggesting a potential upside of 6.06%. Given Palomar's higher probable upside, research analysts clearly believe Palomar is more favorable than SiriusPoint.

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
Palomar
0 Sell rating(s)
3 Hold rating(s)
4 Buy rating(s)
0 Strong Buy rating(s)
2.57
SiriusPoint
0 Sell rating(s)
0 Hold rating(s)
0 Buy rating(s)
0 Strong Buy rating(s)
N/A

Palomar has a net margin of 21.78% compared to SiriusPoint's net margin of 11.57%. Palomar's return on equity of 19.94% beat SiriusPoint's return on equity.

Company Net Margins Return on Equity Return on Assets
Palomar21.78% 19.94% 5.33%
SiriusPoint 11.57%14.59%2.53%

90.3% of Palomar shares are owned by institutional investors. Comparatively, 52.8% of SiriusPoint shares are owned by institutional investors. 4.3% of Palomar shares are owned by company insiders. Comparatively, 10.3% of SiriusPoint shares are owned by company insiders. Strong institutional ownership is an indication that hedge funds, large money managers and endowments believe a company will outperform the market over the long term.

Summary

Palomar beats SiriusPoint on 13 of the 17 factors compared between the two stocks.

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New MarketBeat Followers Over Time

This chart shows the number of new MarketBeat users adding PLMR and its top 5 competitors to their watchlist. Each company is represented with a line over a 90 day period.
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Media Sentiment Over Time

This chart shows the average media sentiment of NASDAQ and its competitors over the past 90 days as caculated by MarketBeat. The averaged score is equivalent to the following: Very Negative Sentiment <= -1.5, Negative Sentiment > -1.5 and <= -0.5, Neutral Sentiment > -0.5 and < 0.5, Positive Sentiment >= 0.5 and < 1.5, and Very Positive Sentiment >= 1.5.
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PLMR vs. The Competition

MetricPalomarFire, marine, & casualty insurance IndustryFinance SectorNASDAQ Exchange
Market Cap$2.10B$39.73B$9.30B$7.78B
Dividend YieldN/A4.28%9.99%3.96%
P/E Ratio24.1614.2654.2719.04
Price / Sales5.171.73355.2485.27
Price / Cash23.6216.9816.1428.62
Price / Book4.411.942.484.62
Net Income$79.20M$3.85B$997.43M$217.57M
7 Day Performance4.02%2.16%0.96%0.58%
1 Month Performance9.27%1.68%1.66%-0.70%
1 Year Performance69.84%48.39%17.81%9.12%

Palomar Competitors List

CompanyMarketRankShare PriceAnalysts' Price Target1Y Price PerformanceMarket CapRevenueP/E RatioEmployee CountIndicator(s)
SPNT
SiriusPoint
0 of 5 stars
$11.78
-1.9%
N/A+31.2%$2.00B$2.74B5.981,063Positive News
FIHL
Fidelis Insurance
2.4306 of 5 stars
$18.58
-7.2%
$18.44
-0.8%
N/A$2.19B$3.60B0.9777News Coverage
High Trading Volume
HMN
Horace Mann Educators
3.7566 of 5 stars
$36.85
flat
$39.50
+7.2%
+6.9%$1.51B$1.49B34.121,700Gap Down
HG
Hamilton Insurance Group
2.629 of 5 stars
$13.60
+0.7%
$19.00
+39.7%
N/A$1.50B$1.57B0.00550Analyst Forecast
Lockup Expiration
News Coverage
SKWD
Skyward Specialty Insurance Group
3.4325 of 5 stars
$34.92
+1.1%
$39.89
+14.2%
+69.6%$1.40B$885.97M15.59515Analyst Forecast
MAX
MediaAlpha
1.1943 of 5 stars
$20.25
+7.8%
$18.20
-10.1%
+250.9%$1.33B$388.15M-22.75137Insider Selling
News Coverage
High Trading Volume
LMND
Lemonade
3.9453 of 5 stars
$17.23
-3.7%
$17.11
-0.7%
+3.7%$1.21B$429.80M-5.051,258Analyst Forecast
SAFT
Safety Insurance Group
1.5097 of 5 stars
$79.57
+0.9%
N/A+21.8%$1.18B$930.96M62.65539Positive News
HCI
HCI Group
3.7451 of 5 stars
$114.21
-0.3%
$124.00
+8.6%
+108.2%$1.14B$550.67M15.11547Analyst Forecast
News Coverage
Gap Up
EIG
Employers
3.8083 of 5 stars
$42.59
-1.1%
$55.00
+29.1%
+15.8%$1.08B$850.90M9.02717Ex-Dividend
Positive News

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This page (NASDAQ:PLMR) was last updated on 5/10/2024 by MarketBeat.com Staff

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