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Slide Insurance Holdings Inc

SLDE
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18.560USD
+0.100+0.54%
Close 05/11, 16:00ETQuotes delayed by 15 min
2.11BMarket Cap
3.61P/E TTM

Slide Insurance Holdings Inc

18.560
+0.100+0.54%
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Intraday
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Today

+0.54%

5 Days

+0.71%

1 Month

+3.11%

6 Months

+10.81%

Year to Date

-4.72%

1 Year

0.00%

Key Insights

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 28 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 25.50.Despite an average 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
28 / 118
Overall Ranking
143 / 4492
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 3.61, at a low 3-year percentile range.
Held by PRFDX
Star Investor PRFDX holds 2.90K shares of this stock.

Analyst Rating

Based on 6 analysts
Buy
Current Rating
25.500
Target Price
+38.14%
Upside Space
Data disclaimer: Analyst ratings and target prices are provided by LSEG for informational purposes only and do not constitute investment advice.

Slide Insurance Holdings Inc News

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Financial Indicators

EPS

Relevant data have not been disclosed by the company yet.

Total revenue

Relevant data have not been disclosed by the company yet.

Slide Insurance Holdings Inc Info

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.
Ticker SymbolSLDE
CompanySlide Insurance Holdings Inc
CEOLucas (Bruce T)
Websitehttps://slideinsurance.com/
KeyAI