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PLMR (Palomar Holdings) Shares Outstanding (Diluted Average) : 26.5 Mil (As of Sep. 2024)


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What is Palomar Holdings Shares Outstanding (Diluted Average)?

Shares outstanding are shares that have been authorized, issued, and purchased by investors and are held by them. Palomar Holdings's average diluted shares outstanding for the quarter that ended in Sep. 2024 was 26.5 Mil.


Palomar Holdings Shares Outstanding (Diluted Average) Historical Data

The historical data trend for Palomar Holdings's Shares Outstanding (Diluted Average) can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Palomar Holdings Shares Outstanding (Diluted Average) Chart

Palomar Holdings Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Shares Outstanding (Diluted Average)
Get a 7-Day Free Trial 21.84 25.60 26.11 25.80 25.33

Palomar Holdings Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
Shares Outstanding (Diluted Average) Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 25.25 25.29 25.47 25.62 26.48

Palomar Holdings Shares Outstanding (Diluted Average) Calculation

Shares outstanding are shares that have been authorized, issued, and purchased by investors and are held by them. They have voting rights and represent ownership in the corporation by the person that holds the shares. They should be distinguished from treasury shares, which are shares held by the corporation itself, having no exercisable rights.

Shares outstanding can be calculated as either basic or fully diluted. The fully diluted shares outstanding count includes diluting securities, such as options, warrants or convertibles.

Please note: GuruFocus named Shares Outstanding (EOP) is the shares for that exact time point. It is usually used to calculate balance sheet related items, such as Book Value per Share, etc. While Shares Outstanding (Diluted Average) and Shares Outstanding (Basic Average) are the weighted average shares over a period of time (a year, a quarter, or so). They are usually used to calculate income statement or cashflow statement related items, such as Earnings per Share (Diluted), etc.


Palomar Holdings  (NAS:PLMR) Shares Outstanding (Diluted Average) Explanation

A company may buy back shares or issue shares in any fiscal period. If a company buys back shares, we should observe that the total number of shares decline. If the company issues new shares, the number of shares outstanding increases.


Be Aware

Usually the presence of treasury shares and a history of buyback are good indicators that company has competitive advantage. But studies have shown that companies usually buy back at wrong time. Buying back shares below its intrinsic value increases value for remaining shareholders. Buying back overvalued shares destroys value for existing shareholders.


Palomar Holdings Shares Outstanding (Diluted Average) Related Terms

Thank you for viewing the detailed overview of Palomar Holdings's Shares Outstanding (Diluted Average) provided by GuruFocus.com. Please click on the following links to see related term pages.


Palomar Holdings Business Description

Industry
Traded in Other Exchanges
Address
7979 Ivanhoe Avenue, Suite 500, La Jolla, CA, USA, 92037
Palomar Holdings Inc is a United States-based company focused on the provision of specialty property insurance earthquake, wind, and flood insurance products. The company's core focus is on the residential and commercial earthquake markets in earthquake-exposed states such as California, Oregon, Washington, and states with exposure to the New Madrid Seismic Zone. It offers specialty property insurance products in the target markets to both individuals and businesses through multiple channels, including retail agents, program administrators, wholesale brokers, and in partnership with other insurance companies. Its products include Residential Earthquake, Commercial Earthquake, Specialty Homeowners, Inland Marine, Commercial All Risk, Hawaii Hurricane, Residential Flood and others.
Executives
Mac Armstrong director, officer: Chief Executive Officer 7979 IVANHOE AVENUE, SUITE 500, LA JOLLA CA 92037
T Christopher Uchida officer: Chief Financial Officer 7979 IVANHOE AVENUE, SUITE 500, LA JOLLA CA 92037
Jon Christianson officer: Chief Operating Officer 7979 IVANHOE AVENUE, SUITE 500, LA JOLLA CA 92037
Jonathan Knutzen officer: Chief Risk Officer 7979 IVANHOE AVENUE, SUITE 500, LA JOLLA CA 92121
Angela L. Grant officer: Chief Legal Officer 7979 IVANHOE AVENUE, SUITE 500, LA JOLLA CA 92037
Michelle Antoinette Johnson officer: Senior VP, People & Talent 7979 IVANHOE AVENUE, SUITE 500, LA JOLLA CA 92037
William Bold officer: Chief Strategy Officer 7979 IVANHOE AVENUE, SUITE 500, LA JOLLA CA 92037
Heath A Fisher officer: President 7979 IVANHOE AVENUE, SUITE 500, LA JOLLA CA 92037
Martha Notaras director 7979 IVANHOE AVENUE, SUITE 500, LA JOLLA CA 92037
Robert E Dowdell director
Daina Middleton director C/O MARIN SOFTWARE INCORPORATED, 123 MISSION STREET, 25TH FLOOR, SAN FRANCISCO CA 94105
Richard H Taketa director 7979 IVANHOE AVENUE, SUITE 500, LA JOLLA CA 92037
Britt Morries officer: Chief Operating Officer 7979 IVANHOE AVENUE, SUITE 500, LA JOLLA CA 92037
Andrew T Robinson officer: Chief Underwriting Officer 7979 IVANHOE AVENUE, SUITE 500, LA JOLLA CA 92037
Daryl Bradley director 7979 IVANHOE AVENUE, SUITE 500, LA JOLLA CA 92037