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Palomar (PLMR) Competitors

Palomar logo
$110.37 +2.00 (+1.85%)
As of 01/17/2025 04:00 PM Eastern

PLMR vs. KNSL, GL, BNRE, VOYA, JXN, ESNT, FG, ACT, BWIN, and GSHD

Should you be buying Palomar stock or one of its competitors? The main competitors of Palomar include Kinsale Capital Group (KNSL), Globe Life (GL), Brookfield Reinsurance (BNRE), Voya Financial (VOYA), Jackson Financial (JXN), Essent Group (ESNT), F&G Annuities & Life (FG), Enact (ACT), The Baldwin Insurance Group (BWIN), and Goosehead Insurance (GSHD). These companies are all part of the "insurance" industry.

Palomar vs.

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

Kinsale Capital Group has a net margin of 26.80% compared to Palomar's net margin of 21.55%. Kinsale Capital Group's return on equity of 28.87% beat Palomar's return on equity.

Company Net Margins Return on Equity Return on Assets
Palomar21.55% 19.65% 5.51%
Kinsale Capital Group 26.80%28.87%8.44%

Kinsale Capital Group has higher revenue and earnings than Palomar. Kinsale Capital Group 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$375.93M7.77$79.20M$4.2126.22
Kinsale Capital Group$1.22B8.31$308.09M$17.5424.91

Palomar currently has a consensus price target of $115.50, suggesting a potential upside of 4.65%. Kinsale Capital Group has a consensus price target of $468.89, suggesting a potential upside of 7.33%. Given Kinsale Capital Group's higher possible upside, analysts plainly believe Kinsale Capital Group is more favorable than Palomar.

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
Kinsale Capital Group
0 Sell rating(s)
7 Hold rating(s)
3 Buy rating(s)
0 Strong Buy rating(s)
2.30

90.3% of Palomar shares are held by institutional investors. Comparatively, 85.4% of Kinsale Capital Group shares are held by institutional investors. 4.3% of Palomar shares are held by insiders. Comparatively, 5.6% of Kinsale Capital Group shares are held by 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.

Kinsale Capital Group received 231 more outperform votes than Palomar when rated by MarketBeat users. Likewise, 67.09% of users gave Kinsale Capital Group an outperform vote while only 59.86% of users gave Palomar an outperform vote.

CompanyUnderperformOutperform
PalomarOutperform Votes
85
59.86%
Underperform Votes
57
40.14%
Kinsale Capital GroupOutperform Votes
316
67.09%
Underperform Votes
155
32.91%

In the previous week, Kinsale Capital Group had 5 more articles in the media than Palomar. MarketBeat recorded 9 mentions for Kinsale Capital Group and 4 mentions for Palomar. Palomar's average media sentiment score of 1.04 beat Kinsale Capital Group's score of 0.48 indicating that Palomar is being referred to more favorably in the media.

Company Very Positive Positive Neutral Negative Very Negative Overall Sentiment
Palomar
2 Very Positive mention(s)
0 Positive mention(s)
2 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Positive
Kinsale Capital Group
4 Very Positive mention(s)
1 Positive mention(s)
2 Neutral mention(s)
1 Negative mention(s)
0 Very Negative mention(s)
Neutral

Palomar has a beta of 0.38, suggesting that its share price is 62% less volatile than the S&P 500. Comparatively, Kinsale Capital Group has a beta of 1.16, suggesting that its share price is 16% more volatile than the S&P 500.

Summary

Kinsale Capital Group beats Palomar on 13 of the 18 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 {thisCompany.Symbol} 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$2.69B$42.85B$11.27B$8.95B
Dividend YieldN/A6.73%5.85%4.04%
P/E Ratio26.2210.0325.0817.34
Price / Sales7.776.9828.5078.66
Price / Cash29.6717.9117.2735.97
Price / Book5.782.242.654.79
Net Income$79.20M$4.03B$1.04B$225.00M
7 Day Performance8.73%3.88%3.08%1.52%
1 Month Performance5.38%0.24%1.18%4.68%
1 Year Performance78.88%51.16%15.79%20.89%

Palomar Competitors List

CompanyMarketRankShare PriceAnalysts' Price Target1Y Price PerformanceMarket CapRevenueP/E RatioEmployee CountIndicator(s)
PLMR
Palomar
2.3083 of 5 stars
$110.37
+1.8%
$115.50
+4.6%
+79.9%$2.69B$375.93M26.22150Positive News
KNSL
Kinsale Capital Group
3.2368 of 5 stars
$415.75
-0.2%
$471.11
+13.3%
+11.2%$9.68B$1.53B23.70470Analyst Forecast
News Coverage
GL
Globe Life
4.9405 of 5 stars
$112.99
+0.5%
$134.00
+18.6%
-1.3%$9.48B$5.73B9.563,636Short Interest ↓
BNRE
Brookfield Reinsurance
N/A$55.03
-5.6%
N/A+49.6%$8.00B$9.35B189.774,000High Trading Volume
VOYA
Voya Financial
4.9889 of 5 stars
$67.40
+1.5%
$84.73
+25.7%
-0.6%$6.49B$7.71B10.739,000Analyst Forecast
JXN
Jackson Financial
1.6953 of 5 stars
$84.99
+0.5%
$92.40
+8.7%
+89.9%$6.28B$3.91B-6.723,500News Coverage
ESNT
Essent Group
4.2822 of 5 stars
$55.19
+1.3%
$62.71
+13.6%
+9.4%$5.86B$1.23B8.00350Short Interest ↓
FG
F&G Annuities & Life
1.5168 of 5 stars
$39.15
-0.3%
$46.50
+18.8%
+3.4%$4.94B$5.50B-652.391,165News Coverage
ACT
Enact
N/A$31.46
+1.0%
$35.00
+11.3%
+16.9%$4.83B$1.20B7.32500Analyst Forecast
BWIN
The Baldwin Insurance Group
3.5312 of 5 stars
$35.90
+0.5%
$46.00
+28.1%
N/A$4.22B$1.33B-56.093,927Analyst Forecast
GSHD
Goosehead Insurance
3.4799 of 5 stars
$102.46
+3.9%
$99.20
-3.2%
+47.7%$3.80B$283.60M142.311,430

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This page (NASDAQ:PLMR) was last updated on 1/18/2025 by MarketBeat.com Staff
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