Palomar Holdings Stock

Palomar Holdings Equity 2024

Palomar Holdings Equity

471.25 M USD

Ticker

PLMR

ISIN

US69753M1053

WKN

A2PHB6

In 2024, Palomar Holdings's equity was 471.25 M USD, a 22.47% increase from the 384.8 M USD equity in the previous year.

Palomar Holdings Aktienanalyse

What does Palomar Holdings do?

Palomar Holdings Inc is an American company specializing in the insurance industry. It was founded in 2014 and is headquartered in La Jolla, California. The establishment of Palomar was driven by the fact that traditional insurance markets, such as the market for natural disaster insurance, had experienced significant losses in the past. Therefore, Palomar utilizes innovative technologies and analysis methods to minimize and effectively assess risks. Palomar's business model is based on insuring risks that are either not covered or only limitedly covered by other insurers. The company specializes in natural disaster insurance and other regionally limited risks, such as earthquake or flood zones. The company offers a wide range of insurance products tailored to the different needs of customers. The main products include earthquake, hurricane, flood, and fire insurance, which are particularly important for owners of residential and commercial properties. Palomar also offers business interruption insurance, which helps companies protect against losses caused by operational interruptions due to natural disasters or other events. Additionally, Palomar has developed a specialized cyber insurance aimed at protecting businesses against cyber attacks and other IT-related risks. This cyber insurance is particularly targeted at medium-sized companies with a high risk of cyber attacks. Palomar has been listed on the NASDAQ since 2019 and has experienced strong growth since then. The company operates in the United States and in certain countries in Central America and the Caribbean. In addition to its core products, Palomar has also introduced new insurance lines as part of its expansion strategy in recent years. In particular, the company introduced a pandemic risk insurance in 2020, which is especially significant for businesses affected by the current COVID-19 pandemic. Palomar pursues a clear diversification strategy to spread risk and explore new growth opportunities. In addition to introducing new products, the company has also expanded its geographical business field and expanded into new regions in recent years. Overall, Palomar has built a strong position in a highly specialized area of the insurance industry in recent years. By using innovative technologies and analysis methods, the company can provide its customers with higher security while efficiently managing risk. The company management aims for further sustainable growth in the future to maintain long-term success. Palomar Holdings ist eines der beliebtesten Unternehmen auf Eulerpool.com.

Equity Details

Analyzing Palomar Holdings's Equity

Palomar Holdings's equity represents the ownership interest in the company, calculated as the difference between total assets and total liabilities. It reflects the residual claim by shareholders on the company’s assets after all debts have been paid. Understanding Palomar Holdings's equity is essential for assessing its financial health, stability, and value to shareholders.

Year-to-Year Comparison

Evaluating Palomar Holdings's equity over successive years offers insights into the company's growth, profitability, and capital structure. Increasing equity indicates an enhancement in net assets and financial health, while decreasing equity could point to rising debts or operational challenges.

Impact on Investments

Palomar Holdings's equity is a crucial element for investors, influencing the company's leverage, risk profile, and return on equity (ROE). Higher equity levels generally suggest lower risk and enhanced financial stability, making the company a potentially attractive investment opportunity.

Interpreting Equity Fluctuations

Fluctuations in Palomar Holdings’s equity can arise from various factors, including changes in net income, dividend payments, and issuance or buyback of shares. Investors analyze these shifts to gauge the company's financial performance, operational efficiency, and strategic financial management.

Frequently Asked Questions about Palomar Holdings stock

What is the equity of Palomar Holdings this year?

Palomar Holdings has equity of 471.25 M USD this year.

What was the equity of Palomar Holdings compared to the previous year?

The equity of Palomar Holdings has increased/decreased by 22.47% increased compared to the previous year.

What impact does a high equity have on investors of Palomar Holdings?

A high equity is advantageous for investors of Palomar Holdings as it is an indicator of the company's financial stability and its ability to manage risks and challenges.

What impact does low equity have on investors of Palomar Holdings?

A low equity can be a risk for investors of Palomar Holdings, as it can put the company in a weaker financial position and impair its ability to manage risks and challenges.

How does an increase in equity of Palomar Holdings affect the company?

An increase in equity of Palomar Holdings can strengthen the company's financial position and improve its ability to make investments in the future.

How does a reduction in the equity of Palomar Holdings affect the company?

A reduction in equity of Palomar Holdings can affect the financial situation of the company and lead to a higher dependence on debt capital.

What are some factors that influence the equity of Palomar Holdings?

Some factors that can affect the equity of Palomar Holdings include profits, dividend payments, capital increases, and acquisitions.

Why is the equity of Palomar Holdings so important for investors?

The equity of Palomar Holdings is important for investors as it is an indicator of the financial strength of the company and can be an indication of how well the company is able to fulfill its financial obligations.

What strategic measures can Palomar Holdings take to change the equity?

To change equity, Palomar Holdings can take various measures such as increasing profits, conducting capital increases, reducing expenses, and acquiring companies. It is important for the company to perform a thorough review of its financial situation to determine the best strategic actions to modify its equity.

How much dividend does Palomar Holdings pay?

Over the past 12 months, Palomar Holdings paid a dividend of . This corresponds to a dividend yield of about . For the coming 12 months, Palomar Holdings is expected to pay a dividend of 0 USD.

What is the dividend yield of Palomar Holdings?

The current dividend yield of Palomar Holdings is .

When does Palomar Holdings pay dividends?

Palomar Holdings pays a quarterly dividend. This is distributed in the months of .

How secure is the dividend of Palomar Holdings?

Palomar Holdings paid dividends every year for the past 0 years.

What is the dividend of Palomar Holdings?

For the upcoming 12 months, dividends amounting to 0 USD are expected. This corresponds to a dividend yield of 0 %.

In which sector is Palomar Holdings located?

Palomar Holdings is assigned to the 'Finance' sector.

Wann musste ich die Aktien von Palomar Holdings kaufen, um die vorherige Dividende zu erhalten?

To receive the latest dividend of Palomar Holdings from 9/29/2024 amounting to 0 USD, you needed to have the stock in your portfolio before the ex-date on 9/29/2024.

When did Palomar Holdings pay the last dividend?

The last dividend was paid out on 9/29/2024.

What was the dividend of Palomar Holdings in the year 2023?

In the year 2023, Palomar Holdings distributed 0 USD as dividends.

In which currency does Palomar Holdings pay out the dividend?

The dividends of Palomar Holdings are distributed in USD.

Stock savings plans offer an attractive way for investors to build wealth over the long term. One of the main advantages is the so-called cost-average effect: by regularly investing a fixed amount in stocks or stock funds, you automatically buy more shares when prices are low, and fewer when they are high. This can lead to a more favorable average price per share over time. In addition, stock savings plans allow small investors access to expensive stocks, as they can participate with small amounts. Regular investment also promotes a disciplined investment strategy and helps to avoid emotional decisions, such as impulsive buying or selling. Furthermore, investors benefit from the potential appreciation of the stocks as well as from dividend distributions, which can be reinvested, enhancing the compounding effect and thus the growth of the invested capital.

The Palomar Holdings stock can be added to a savings plan with the following providers: Trade Republic

Andere Kennzahlen von Palomar Holdings

Our stock analysis for Palomar Holdings Revenue stock includes important financial indicators such as revenue, profit, P/E ratio, P/S ratio, EBIT, as well as information on dividends. We also assess aspects such as stocks, market capitalization, debt, equity, and liabilities of Palomar Holdings Revenue. If you are looking for more detailed information on these topics, we offer comprehensive analyses on our subpages.