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Updated 2h ago
SLDE logo

Slide Insurance Holdings, Inc.NasdaqGS:SLDE Stock Report

Market Cap US$2.9b
Updated 2h ago
Share Price
n/a
1Y72.5%
7D0.7%
1D1.6%
Portfolio Value
​
View

Slide Insurance Holdings, Inc.

NasdaqGS:SLDE Stock Report

Market Cap: US$2.9b

  • Company Overview
  • Valuation
  • Future Growth
  • Past Performance
  • Financial Health
  • Dividend
  • Management
  • Ownership
  • Other Information
  • Stock Community

Slide Insurance Holdings (SLDE) Stock Overview

Provides property and casualty insurance services in the United States. More details

SLDE fundamental analysis
Snowflake Score
Valuation5/6
Future Growth1/6
Past Performance6/6
Financial Health5/6
Dividends1/6

Rewards

Trading at 78.9% below our estimate of its fair value

Earnings grew by 117.7% over the past year

Trading at good value compared to peers and industry

Risk Analysis

Earnings are forecast to decline by an average of 12.6% per year for the next 3 years


SLDE Community Fair Values

Create Narrative

See what 25 others think this stock is worth. Follow their fair value or set your own to get alerts.

Analyst Price Targets

AN
AnalystConsensusTarget
Fairly Valued intrinsic discount
AnalystConsensusTarget
•1mo ago

Coastal Expansion And Conservative Capital Management Will Support Long Term Insurance Profitability Narrative

67
0
6

Top Analyst Narratives

SLDE logo
Slide Insurance Holdings
Fairly Valued intrinsic discount

Coastal Expansion And Conservative Capital Management Will Support Long Term Insurance Profitability Narrative

View narrative
AN
AnalystConsensusTarget
AnalystConsensusTarget
Updated 31 Jul
Read Narrative
View all narratives

Slide Insurance Holdings, Inc. Competitors

Skyward Specialty Insurance Group

Symbol: NasdaqGS:SKWD
Market cap: US$2.5b

Assured Guaranty

Symbol: NYSE:AGO
Market cap: US$3.2b

HCI Group

Symbol: NYSE:HCI
Market cap: US$2.3b

Hamilton Insurance Group

Symbol: NYSE:HG
Market cap: US$3.4b

Price History & Performance

Summary of share price highs, lows and changes for Slide Insurance Holdings
Historical stock prices
Current Share PriceUS$24.84
52 Week HighUS$25.09
52 Week LowUS$12.53
Beta0
1 Month Change18.51%
3 Month Change48.74%
1 Year Change72.50%
3 Year Changen/a
5 Year Changen/a
Change since IPO22.67%

Recent News & Updates

Seeking Alpha • Aug 24

Slide Insurance: Can Florida Be Attractive Here?

Summary Slide Insurance is a Florida-focused P&C insurer that rapidly grew by absorbing policies as major competitors exited the state. SLIDE's recent combined ratios below 60% are exceptional but likely unsustainable; normalization to 77% is a more realistic long-term assumption. The company trades at a 6-7x P/E, offers a 1.23% dividend, and has one of the cleanest balance sheets among P&C peers. I assign a Hold rating with a $16/share price target, citing high Florida concentration risk and unattractive risk/reward at current levels. Read the full article on Seeking Alpha
User avatar
Narrative Update • Jul 31

SLDE: Florida Market Strength And Dividend Initiation Will Drive Future Returns

Analysts have lifted the Slide Insurance Holdings fair value estimate to $25.00 from $24.00, citing recent price target increases into the mid to high $20s and supporting commentary around strong Q2 results, gross written premium growth of 17% year over year, and the company's position in the Florida private insurance market, while also acknowledging more balanced risk and reward flagged by one firm. Analyst Commentary Recent Street research on Slide Insurance Holdings shows a mix of optimism and caution as analysts digest Q2 results, updated targets, and the company’s role in the Florida private insurance market.

Recent updates

Seeking Alpha • Aug 24

Slide Insurance: Can Florida Be Attractive Here?

Summary Slide Insurance is a Florida-focused P&C insurer that rapidly grew by absorbing policies as major competitors exited the state. SLIDE's recent combined ratios below 60% are exceptional but likely unsustainable; normalization to 77% is a more realistic long-term assumption. The company trades at a 6-7x P/E, offers a 1.23% dividend, and has one of the cleanest balance sheets among P&C peers. I assign a Hold rating with a $16/share price target, citing high Florida concentration risk and unattractive risk/reward at current levels. Read the full article on Seeking Alpha
User avatar
Narrative Update • Jul 31

SLDE: Florida Market Strength And Dividend Initiation Will Drive Future Returns

Analysts have lifted the Slide Insurance Holdings fair value estimate to $25.00 from $24.00, citing recent price target increases into the mid to high $20s and supporting commentary around strong Q2 results, gross written premium growth of 17% year over year, and the company's position in the Florida private insurance market, while also acknowledging more balanced risk and reward flagged by one firm. Analyst Commentary Recent Street research on Slide Insurance Holdings shows a mix of optimism and caution as analysts digest Q2 results, updated targets, and the company’s role in the Florida private insurance market.
User avatar
Narrative Update • Jul 12

SLDE: Hurricane Season Risk And Reinsurance Discipline Will Drive Future Returns

Analysts have trimmed the fair value estimate for Slide Insurance Holdings to $24.00 from $25.20, reflecting updated assumptions around higher modeled revenue growth, stronger profit margins, and a lower future P/E multiple informed by recent Street price target revisions ranging from $20 to $27. Analyst Commentary Street research on Slide Insurance Holdings currently points to a mixed setup, with recent price targets clustered between $20 and $27 and views split on how much upside is left after the stock's recent performance.
User avatar
Narrative Update • Jun 26

SLDE: Reinsurance Expansion And Buybacks Will Support Future Earnings Power

Analysts have raised their price target on Slide Insurance Holdings to $25.20 from $23.00, reflecting updated assumptions on fair value, discount rate, revenue growth, profit margins, and future P/E following recent research commentary. What's in the News for Slide Insurance Holdings Slide Insurance announced a record reinsurance program for 2026 to 2027, with an aggregate limit of almost $5.5b, including expanded first event coverage to almost $4b and an increased Purple Re catastrophe bond of $780m, sourced from recent company news.

Shareholder Returns

SLDEUS InsuranceUS Market
7D0.7%-3.9%-2.2%
1Y72.5%1.3%13.1%

Return vs Industry: SLDE exceeded the US Insurance industry which returned 1.3% over the past year.

Return vs Market: SLDE exceeded the US Market which returned 13.1% over the past year.

Price Volatility

Is SLDE's price volatile compared to industry and market?
SLDE volatility
SLDE Average Weekly Movement5.9%
Insurance Industry Average Movement4.8%
Market Average Movement6.9%
10% most volatile stocks in US Market15.4%
10% least volatile stocks in US Market2.9%

Stable Share Price: SLDE has not had significant price volatility in the past 3 months compared to the US market.

Volatility Over Time: SLDE's weekly volatility (6%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
2021627Bruce Lucaswww.slideinsurance.com

Slide Insurance Holdings, Inc. provides property and casualty insurance services in the United States. The company writes coastal specialty personal lines insurance, including homeowners, condominium unit owners, commercial residential, and other products, as well as offers reinsurance and insurance agency services. Slide Insurance Holdings, Inc. was incorporated in 2021 and is headquartered in Tampa, Florida.

Slide Insurance Holdings, Inc. Fundamentals Summary

How do Slide Insurance Holdings's earnings and revenue compare to its market cap?
SLDE fundamental statistics
Market capUS$2.86b
Earnings (TTM)US$555.76m
Revenue (TTM)US$1.39b
5.2x
P/E Ratio
2.1x
P/S Ratio

Is SLDE overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
SLDE income statement (TTM)
RevenueUS$1.39b
Cost of RevenueUS$445.26m
Gross ProfitUS$943.54m
Other ExpensesUS$387.78m
EarningsUS$555.76m

Last Reported Earnings

Jun 30, 2026

Next Earnings Date

n/a

Earnings per share (EPS)4.76
Gross Margin67.94%
Net Profit Margin40.02%
Debt/Equity Ratio2.5%

How did SLDE perform over the long term?

See historical performance and comparison

Dividends

1.1%
Current Dividend Yield
n/a
Payout Ratio

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2026/09/11 21:30
End of Day Share Price 2026/09/11 00:00
Earnings2026/06/30
Annual Earnings2025/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
  • SEC Form 10-K
  • SEC Form 10-Q
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
  • Analyst Research Reports
  • Blue Matrix
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
  • ICE Market Data
  • SEC Form S-1
Ownership10 years
  • Top shareholders
  • Insider trading
  • SEC Form 4
  • SEC Form 13D
Management10 years
  • Leadership team
  • Board of directors
  • SEC Form 10-K
  • SEC Form DEF 14A
Key Developments10 years
  • Company announcements
  • SEC Form 8-K

* Example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.

Analyst Sources

Slide Insurance Holdings, Inc. is covered by 6 analysts. 4 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Taylor ScottBarclays
Matthew CarlettiCitizens JMP Securities, LLC
Meyer ShieldsKeefe, Bruyette, & Woods

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