Slide Insurance Holdings Inc's fundamentals are relatively very healthy, with an industry-leading ESG disclosure.and its growth potential is high.Its valuation is considered fairly valued, ranking 21 out of 118 in the Insurance industry.Institutional ownership is very high.Over the past month, multiple analysts have rated it as Buy, with the highest price target at 24.83.Despite a weak stock market performance over the past month, the company shows strong fundamentals and technicals.The stock price is trading sideways between the support and resistance levels, making it suitable for range-bound swing trading.
Slide Insurance Holdings Inc's Score
Industry at a Glance
Industry Ranking
21 / 118
Overall Ranking
125 / 4546
Industry
Insurance
Support & Resistance
Relevant data have not been disclosed by the company yet.
Score Analysis
Current score
Previous score
Media Coverage
Last 24 hours
Coverage Level
Very Low
Very High
Negative
Slide Insurance Holdings Inc Highlights
StrengthsRisks
Slide Insurance Holdings, Inc. is a technology-enabled coastal specialty insurer. The Company has one reportable segment: insurance. The insurance segment provides residential homeowners insurance. The Company is focused on underwriting of single family and condominium policies in the property and casualty (P&C) industry in coastal states along the Atlantic seaboard through its insurance subsidiary, Slide Insurance Company (SIC). The Company writes several homeowners’, condominium owners’, and commercial residential products in coastal specialty markets in Florida and South Carolina. The Company acquires policies both from inorganic block acquisitions and subsequent renewals, as well as new business sales through a combination of independent agents and its direct-to-consumer (DTC) channel, through which the Company sells its insurance products directly to end consumers, without the use of retailers, brokers, agents or other intermediaries.
High Growth
The company's revenue has grown steadily over the past 3 years, averaging 146.71% year-on-year.
High Profit Growth
The company's net income leads the industry, with the latest annual income totaling USD 1.16B.
Undervalued
The company’s latest PE is 3.79, at a low 3-year percentile range.
Slide Insurance Holdings, Inc. is a technology-enabled coastal specialty insurer. The Company has one reportable segment: insurance. The insurance segment provides residential homeowners insurance. The Company is focused on underwriting of single family and condominium policies in the property and casualty (P&C) industry in coastal states along the Atlantic seaboard through its insurance subsidiary, Slide Insurance Company (SIC). The Company writes several homeowners’, condominium owners’, and commercial residential products in coastal specialty markets in Florida and South Carolina. The Company acquires policies both from inorganic block acquisitions and subsequent renewals, as well as new business sales through a combination of independent agents and its direct-to-consumer (DTC) channel, through which the Company sells its insurance products directly to end consumers, without the use of retailers, brokers, agents or other intermediaries.