2 models fit Palomar Holdings Inc. Common stock and they agree: 2 of 2 land within 15% of the average. The price is above every model.
Two or more of our models back this value.
Premium(i)Silver69
Valued as an insurer: Residual income and P/E comparison.
ACCE opinionPalomar Holdings Inc. Common stock (PLMR)
Fair value (2 models)
$104
ACCE price target
$148
Rating
Overvalued
Horizon
12 months
Fair value published on 6 Oct 2026, 00:00 CEST; previously $105 since 29 Sept 2026, 00:00 CEST.
ACCE price target published on 11 Oct 2026, 00:00 CEST.
Rating published on 20 Oct 2026, 14:06 CEST.
Price used: $142 at the close on 23 Oct 2026, 22:00 CEST.
Models: P/E comparison and Residual income.
Fair value: the average of the applicable valuation models (discounted cash flow, multiples, residual income, dividend discount, shareholder yield), each run on the latest financial statements and the market price shown. Opinion columns (fair value, target, rating) are shown apart from the data. Full methodology: acceinvestments.com/data/how-we-value-stocks
Conflicts of interest: The author holds no personal position in this security. General statement
Produced by ACCE Investments (acceinvestments.com)
Data
Price vs fair value
36.7% above
-26.9% to fair value
ACCE score
75
out of 100
Analysts
88% buy
8 covering
P/E
19.1x
forward 12.6x
1-year return
+24.7%
Dividend yield
1.24%
Palomar Holdings Inc. Common stock in four questions
Plain answers, details below
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Overview
ACCE thesis
Palomar writes specialty property insurance, mainly earthquake, inland marine and excess and surplus lines, distributed through a network of program managers and retail agents. Its edge is underwriting discipline in catastrophe-exposed lines where few carriers have the expertise, and the 22.2% ROE and 23.8% operating margin reflect that. The main near-term driver is premium growth, with revenue up 54.7%, as hardening rates in property cat reinsurance and an expanding set of programs keep adding business. At a 17.9 trailing P/E and a $3.6B market cap, the stock is a small-cap specialty carrier that is growing far faster than its earnings multiple suggests, though a single large cat event would test that growth and the sustainability of its margins.