Slide Insurance Holdings Inc's fundamentals are relatively very healthy, and its growth potential is high.Its valuation is considered fairly valued, ranking 43/117 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 22.80.In the medium term, the stock price is expected to trend up.The company has been performing well in the stock market over the past month, which is supported by its 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
43 / 117
Overall Ranking
165 / 4563
Industry
Insurance
Support & Resistance
Relevant data have not been disclosed by the company yet.
Score Analysis
Current score
Previous score
Analyst Rating
Based on
5
analysts
Buy
Current Rating
22.800
Target Price
+37.60%
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 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.
Fairly Valued
The company’s latest PE is 4.92, at a medium 3-year percentile range.
Institutional Buying
The latest institutional holdings are 31.54M shares, increasing 47.19% quarter-over-quarter.
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/
FAQs
What is the current price of Slide Insurance Holdings Inc (SLDE)?
The current price of Slide Insurance Holdings Inc (SLDE) is 19.160.
What is the symbol of Slide Insurance Holdings Inc?
The ticker symbol of Slide Insurance Holdings Inc is SLDE.
What is the 52-week high of Slide Insurance Holdings Inc?
The 52-week high of Slide Insurance Holdings Inc is 25.900.
What is the 52-week low of Slide Insurance Holdings Inc?
The 52-week low of Slide Insurance Holdings Inc is 12.530.
What is the market capitalization of Slide Insurance Holdings Inc?
The market capitalization of Slide Insurance Holdings Inc is 2.38B.
What is the net income of Slide Insurance Holdings Inc?
The net income of Slide Insurance Holdings Inc is 201.13M.
Is Slide Insurance Holdings Inc (SLDE) currently rated as Buy, Hold, or Sell?
According to analysts, Slide Insurance Holdings Inc (SLDE) has an overall rating of Buy, with a price target of 22.800.
What is the Earnings Per Share (EPS TTM) of Slide Insurance Holdings Inc (SLDE)?
The Earnings Per Share (EPS TTM) of Slide Insurance Holdings Inc (SLDE) is 3.892.