MetaCap

Hamilton Insurance Group (HG) vs Palomar (PLMR)

Head-to-head comparison of performance, valuation, growth, profitability and dividends. Prices delayed 15 minutes; data as of Oct 8, 2026.

Summary

Hamilton Insurance Group (HG) has outperformed Palomar (PLMR) over the past year, gaining 38.7% versus a gain of 9.9%. Palomar is the larger company by market cap ($3.48 billion vs $3.46 billion), about 1.0 times the size. On valuation, Hamilton Insurance Group trades at a lower forward P/E (7.4x vs 11.6x for Palomar).

Hamilton Insurance Group converts more of its revenue into profit, with a net margin of 28.9% versus 22.5%.

Summary generated from market data by MetaCap's automated system. Methodology

Relative performance

HG+38.72%PLMR+9.86%
+54%+19%-15%
Oct 7, 20251 yearOct 7, 2026
HG+128.80%PLMR+112.79%
+198%+87%-24%
Nov 6, 20235 yearsOct 5, 2026

Percent change in share price from the first common trading day shown; excludes dividends.

Head-to-head

HG versus PLMR key metrics
MetricHGPLMR
Share price$35.10$131.44
Market cap$3.46B$3.48B
1-day change+2.27%+3.64%
YTD return+23.01%-5.89%
1-year return+38.72%+9.86%
5-year return—+55.17%
P/E ratio (TTM)6.1417.69
Forward P/E7.3711.57
EPS (TTM)$5.72$7.43
Dividend yield0.00%1.42%
Annual dividend$0.00$0.00
Revenue (latest FY)$2.91B$875.97M
Revenue growth (YoY)+24.70%+58.16%
Net income (latest FY)$840.03M$197.07M
Net margin28.91%22.50%
52-week high$37.31$147.62
52-week low$22.66$100.81
Distance from 52-week high-5.92%-10.96%
Analyst consensusbuybuy
Avg. price target upside+9.09%+23.25%
Average volume400.91K241.99K
Shares outstanding65.89M26.50M
Employees600439
SectorFinanceFinance
IndustryProperty-Casualty InsurersProperty-Casualty Insurers

Highlighted cells mark the higher value for growth, returns, margins and yield, and the lower value for P/E ratios. Highlighting is a mechanical comparison, not a recommendation.

Key differences

  • HG has outperformed PLMR by 28.9 percentage points over the past year.
  • Palomar trades at a higher earnings multiple (17.7x vs 6.1x trailing P/E).
  • Palomar offers a meaningfully higher dividend yield (1.42% vs 0.00%).
  • Hamilton Insurance Group is more profitable, keeping 28.9 cents of every revenue dollar as net income versus 22.5 cents for Palomar.
  • Palomar grew revenue faster in its latest fiscal year (+58.16% vs +24.70%).

About Hamilton Insurance Group

HG stock →

Hamilton Insurance Group, Ltd., through its subsidiaries, operates as specialty insurance and reinsurance company in Bermuda and internationally. It operates Hamilton Global Specialty, Hamilton Select, and Hamilton Re underwriting platforms.

Finance · Property-Casualty Insurers · 600 employees

About Palomar

PLMR stock →

Palomar Holdings, Inc., a specialty insurance company, provides property and casualty insurance to individuals and businesses in the United States. The company offers personal and commercial specialty insurance products, including residential and commercial earthquake; fronting; and inland marine and other property products, such as inland marine, Hawaii hurricane, excess national property, residential flood, and other property products, as well as assumed reinsurance and crop insurance products.

Finance · Property-Casualty Insurers · 439 employees

HG vs PLMR FAQ

Which is bigger, Hamilton Insurance Group or Palomar?

Palomar (PLMR) is larger, with a market capitalization of $3.48B compared with $3.46B for Hamilton Insurance Group (HG).

Which stock has performed better over the past year, HG or PLMR?

HG returned +38.72% over the past 12 months, compared with +9.86% for PLMR (price return, excluding dividends). Past performance does not predict future results.

Which has the lower P/E ratio, HG or PLMR?

HG has the lower trailing P/E at 6.1, versus 17.7 for PLMR. A lower P/E is not by itself a sign of a better investment; it can reflect slower expected growth or higher risk.

Which pays a higher dividend, Hamilton Insurance Group or Palomar?

Palomar pays a dividend yielding 1.42%, while Hamilton Insurance Group does not currently pay a regular dividend.

Are Hamilton Insurance Group and Palomar in the same industry?

Yes. Both are classified in the Property-Casualty Insurers industry within the Finance sector.

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