NMI (NMIH) 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
Palomar (PLMR) has outperformed NMI (NMIH) over the past year, gaining 9.9% versus a gain of 9.7%. Over five years, NMIH leads with a +60.4% price change compared with +55.2% for PLMR. Palomar is the larger company by market cap ($3.39 billion vs $2.99 billion), about 1.1 times the size.
On valuation, NMI trades at a lower forward P/E (7.2x vs 11.3x for Palomar). NMI converts more of its revenue into profit, with a net margin of 55.1% versus 22.5%.
Summary generated from market data by MetaCap's automated system. Methodology
Relative performance
Percent change in share price from the first common trading day shown; excludes dividends.
Head-to-head
| Metric | NMIH | PLMR |
|---|---|---|
| Share price | $39.69 | $128.08 |
| Market cap | $2.99B | $3.39B |
| 1-day change | +0.38% | +0.99% |
| YTD return | -3.06% | -5.89% |
| 1-year return | +9.71% | +9.86% |
| 5-year return | +60.41% | +55.17% |
| P/E ratio (TTM) | 7.81 | 17.24 |
| Forward P/E | 7.19 | 11.28 |
| EPS (TTM) | $5.08 | $7.43 |
| Dividend yield | 0.00% | 1.42% |
| Annual dividend | $0.00 | $0.00 |
| Revenue (latest FY) | $706.44M | $875.97M |
| Revenue growth (YoY) | +8.52% | +58.16% |
| Net income (latest FY) | $388.93M | $197.07M |
| Net margin | 55.05% | 22.50% |
| 52-week high | $46.74 | $147.62 |
| 52-week low | $34.84 | $100.81 |
| Distance from 52-week high | -15.08% | -13.24% |
| Analyst consensus | buy | buy |
| Avg. price target upside | +25.62% | +26.48% |
| Average volume | 560.53K | 241.99K |
| Shares outstanding | 75.22M | 26.50M |
| Employees | 225 | 439 |
| Sector | Finance | Finance |
| Industry | Property-Casualty Insurers | Property-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
- Palomar trades at a higher earnings multiple (17.2x vs 7.8x trailing P/E).
- Palomar offers a meaningfully higher dividend yield (1.42% vs 0.00%).
- NMI is more profitable, keeping 55.1 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 +8.52%).
About NMI
NMIH stock →NMI Holdings, Inc., together with its subsidiaries, provides private mortgage guaranty insurance services in the United States. It provides primary mortgage insurance services; and outsourced loan review services to mortgage loan originators.
Finance · Property-Casualty Insurers · 225 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
NMIH vs PLMR FAQ
Which is bigger, NMI or Palomar?
Palomar (PLMR) is larger, with a market capitalization of $3.39B compared with $2.99B for NMI (NMIH).
Which stock has performed better over the past year, NMIH or PLMR?
PLMR returned +9.86% over the past 12 months, compared with +9.71% for NMIH (price return, excluding dividends). Past performance does not predict future results.
Which has the lower P/E ratio, NMIH or PLMR?
NMIH has the lower trailing P/E at 7.8, versus 17.2 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, NMI or Palomar?
Palomar pays a dividend yielding 1.42%, while NMI does not currently pay a regular dividend.
Are NMI and Palomar in the same industry?
Yes. Both are classified in the Property-Casualty Insurers industry within the Finance sector.