Shares of Slide Insurance Holdings, Inc. (SLDE) have gained 10.8% over the past four weeks to close the last trading session at $18.36, but there could still be a solid upside left in the stock if short-term price targets of Wall Street analysts are any indication. Going by the price targets, the mean estimate of $23 indicates a potential upside of 25.3%.The average comprises five short-term price targets ranging from a low of $21.00 to a high of $25.00, with a standard deviation of $1.87. While the lowest ...

Slide Insurance Holdings (NASDAQ:SLDE) is one of the best financial pure plays under $100 according to Hedge Funds. On December 16, management shared its fourth-quarter projections, with gross written premiums expected between $590 million and $600 million. This would result in $1.77 billion to $1.78 billion in full-year gross written premiums and 33% year-on-year topline growth. The company expects to generate quarterly net income between $115 million and $125 million, corresponding to annual net incom ...

Slide Insurance Holdings, Inc. (SLDE) closed the last trading session at $18.21, gaining 11.4% over the past four weeks, but there could be plenty of upside left in the stock if short-term price targets set by Wall Street analysts are any guide. The mean price target of $22.8 indicates a 25.2% upside potential.The mean estimate comprises five short-term price targets with a standard deviation of $2.05. While the lowest estimate of $21.00 indicates a 15.3% increase from the current price level, the most opti ...

TAMPA, Fla., Dec. 16, 2025 (GLOBE NEWSWIRE) -- Slide Insurance Holdings, Inc. (“Slide”) (Nasdaq: SLDE) today announced its preliminary outlook for fourth quarter and full year 2025 results for certain key financial metrics: The Company expects to generate gross written premiums between $590 million and $600 million during the fourth quarter, resulting in full year gross written premiums between $1.77 billion and $1.78 billion. This represents year-over-year top-line growth of roughly 50% for the quarter and ...

Shares of Slide Insurance Holdings, Inc. (SLDE) have gained 5.6% over the past four weeks to close the last trading session at $16.89, but there could still be a solid upside left in the stock if short-term price targets of Wall Street analysts are any indication. Going by the price targets, the mean estimate of $22.8 indicates a potential upside of 35%.The average comprises five short-term price targets ranging from a low of $21.00 to a high of $25.00, with a standard deviation of $2.05. While the lowest e ...

Core Insights - SLDE is currently a top pick in the stock market, trading under the symbol SLDE, with a recent gain of 6.36% over the past month, despite a slight decline of 4.45% in the last 10 days, presenting a potential buying opportunity for investors [1][5] - The stock has a projected growth potential of 34.32%, indicating it may be undervalued and an attractive investment option [2][5] - SLDE's financial health is strong, evidenced by a Piotroski Score of 8, reflecting solid performance in profitability, leverage, liquidity, and operating efficiency [3][5] - The target price for SLDE is set at $21.33, aligning with its growth potential and representing the stock's intrinsic value [4]

Core Insights - Slide Insurance Holdings, Inc. reported revenue of $265.69 million for the quarter ended September 2025, showing no change year-over-year, with an EPS of $0.79 compared to $0 in the same quarter last year [1] - The revenue fell short of the Zacks Consensus Estimate by 4.89%, while the EPS exceeded the consensus estimate by 61.22% [1] Revenue Breakdown - Net premiums earned were $243.05 million, below the estimated $261.15 million [4] - Other income reached $1.11 million, surpassing the estimated $0.39 million [4] - Policy fees amounted to $2.44 million, slightly above the average estimate of $2.39 million [4] - Net investment income was reported at $19.09 million, exceeding the estimated $15.43 million [4] Stock Performance - Shares of Slide Insurance Holdings, Inc. have returned +2.1% over the past month, outperforming the Zacks S&P 500 composite's +1% change [3] - The stock currently holds a Zacks Rank 2 (Buy), indicating potential for outperformance in the near term [3]

Financial Data and Key Metrics Changes - Gross premiums written increased by 33.8% year-over-year to $463 million in Q3 2025 [4][5] - Net income surged more than sixfold to $111 million compared to $17.6 million in the prior-year quarter [5][23] - Return on Equity (ROE) for Q3 was strong at 12.1%, with a year-to-date ROE of 39.2% [5][23] - The consolidated loss ratio improved to 13.7%, a 77% reduction year-over-year [6][23] - The combined ratio improved to 48.5% compared to 94.3% in the prior year period [23] Business Line Data and Key Metrics Changes - The company achieved a record in voluntary premium production with over $65 million in gross premiums written [7] - Policy acquisitions and underwriting expenses increased to $36.4 million, up from $22 million in the prior year [22] - Total revenue for Q3 was $265.7 million, a 33% increase from $200.1 million in the prior year [20] Market Data and Key Metrics Changes - Approximately 351,700 policies were in force at the end of Q3, up 28% from one year ago [19] - The company assumed 60,186 policies from Citizens in October, marking the largest policy assumption in the Florida market [9][10] Company Strategy and Development Direction - The company plans to use its strong balance sheet and profitability to accelerate growth starting in 2026 [8] - There is a focus on expanding voluntary distribution channels and entering new states [10][36] - The board authorized a $120 million share repurchase program to return capital to shareholders while pursuing growth [12][13] Management's Comments on Operating Environment and Future Outlook - Management expressed confidence in the stability of the Florida market, noting limited competition from national carriers [31] - The company anticipates continued growth opportunities in Citizens' takeouts and expanding into new coastal markets [35][36] - Management highlighted a conservative reserving philosophy and favorable trends in loss development [53] Other Important Information - The company is preparing to launch products in New York and New Jersey, with hopes to begin writing tailored products in the first half of 2026 [10][11] - Changes in corporate structure were announced, including promotions and new appointments to enhance operational effectiveness [15][16] Q&A Session Summary Question: Can you talk about the increased authorization on the buyback and the trade-off between growth opportunities and stock value? - Management indicated that they have abundant capital and will aggressively repurchase shares if the stock is trading below fair value while executing growth plans [27][28] Question: Are you seeing increased competition in Florida? - Management noted that the market feels stable, with limited competition from national carriers, and highlighted record voluntary production [30][32] Question: Will Citizens' takeouts remain a significant contributor to growth into 2026? - Management confirmed that there are still ample opportunities at Citizens, but emphasized the need to assess policies assumed in Q4 [35][36] Question: What is the outlook on rates due to tort reform? - Management stated that they have been steadily decreasing rates and do not anticipate significant rate decreases in the near term [41][43] Question: Can you comment on the strength of the balance sheet and reserve levels? - Management expressed confidence in their conservative reserving philosophy and noted favorable trends in prior year development [51][53]

Financial Data and Key Metrics Changes - Gross premiums written increased by 33.8% year-over-year to $463 million in Q3 2025 [4][5] - Net income surged more than sixfold to $111 million compared to $17.6 million in the prior year quarter [5][23] - Return on equity for Q3 was strong at 12.1%, with a year-to-date return on equity of 39.2% [5][23] - The consolidated loss ratio improved to 13.7%, a 77% reduction year-over-year [6][23] - The combined ratio improved to 48.5% compared to 94.3% in the prior year period [23] Business Line Data and Key Metrics Changes - The company assumed 60,186 policies from Citizens in October, contributing to growth [9][19] - New business voluntary premium set a quarterly record with over $65 million of gross premiums written [7] - Policy acquisitions and underwriting expenses increased to $36.4 million, reflecting greater policies in force [22] Market Data and Key Metrics Changes - The company experienced substantial growth in South Carolina during Q3 2025 [10] - The market in Florida remains stable, with no significant competition from national carriers [32] Company Strategy and Development Direction - The company plans to use its strong balance sheet and profitability to accelerate growth starting in 2026 [8][9] - There is a focus on expanding voluntary distribution channels and entering new states [10][37] - The board authorized a $120 million share repurchase program to return capital to shareholders [12][13] Management's Comments on Operating Environment and Future Outlook - Management expressed confidence in the company's long-term strategy and the strength of its balance sheet [11][14] - The company anticipates continued growth in policies and expects to provide an update on Q4 2025 results [13][14] - Management noted that the benign hurricane season contributed to favorable loss ratios [21][42] Other Important Information - The company is transitioning its corporate structure to better align resources for growth [15][16] - New appointments include Chaz Powell as Chief Revenue Officer and Matt Larson as Chief Risk Officer [16] Q&A Session Summary Question: Can you talk about the increased authorization on the buyback? - Management indicated that they have abundant capital and are willing to repurchase shares if the stock is trading below fair value while executing growth plans [27][28] Question: Are you seeing increased competition in Florida? - Management noted that the market feels stable, with no significant competition from national carriers, and they continue to see growth opportunities [30][32] Question: Do you anticipate Citizens' takeouts remaining a significant contributor to growth? - Management confirmed there are still opportunities with Citizens, but they will assess the policies assumed in Q4 before making further comments [36][37] Question: What is the outlook on rates due to tort reform? - Management stated they do not foresee significant rate decreases and have been steadily decreasing rates over the past two years [41][43] Question: Can you comment on the strength of the balance sheet? - Management emphasized a conservative reserving philosophy and favorable trends in reserve releases, contributing to confidence in the balance sheet strength [51][53]

Financial Data and Key Metrics Changes - Gross premiums written increased by 33.8% year-over-year to $463 million in Q3 2025 [4][18] - Net income surged more than sixfold to $111 million compared to $17.6 million in the prior year quarter [5][23] - Return on equity for Q3 was strong at 12.1%, with a year-to-date return on equity of 39.2% [5][23] - The consolidated loss ratio improved to 13.7%, a 77% reduction year-over-year [6][20] - The combined ratio improved to 48.5% compared to 94.3% in the prior year period [6][23] Business Line Data and Key Metrics Changes - The company achieved a record in new business voluntary premium with over $65 million of gross premiums written [8] - Policy acquisitions and underwriting expenses increased to $36.4 million, up from $22 million in the prior year period [21] - General and administrative expenses rose to $45 million from $38 million in the prior year, primarily due to increased staffing [22] Market Data and Key Metrics Changes - Approximately 351,700 policies were in force at the end of the quarter, up 28% from one year ago [19] - The company assumed 60,186 policies from Citizens in October, marking the largest policy assumption in the Florida market [10][19] Company Strategy and Development Direction - The company plans to use its balance sheet and profitability to accelerate growth beginning in 2026 [9] - There is a focus on expanding into additional states, with significant growth in South Carolina and plans to enter New York and New Jersey [11][12] - The board authorized a $120 million share repurchase program to return capital to shareholders while executing growth plans [12][13] Management's Comments on Operating Environment and Future Outlook - Management expressed confidence in the company's long-term strategy and noted that the market is not recognizing the fair value of the company [12] - The competitive environment in Florida remains stable, with no significant pressure from national carriers [27] - Management anticipates continued growth opportunities, particularly through Citizens' takeouts and voluntary distribution channels [30][31] Other Important Information - The company has made adjustments to its corporate structure to better align resources and execute its business plan [16][17] - A new Chief Financial Officer will join the company, bringing over 30 years of experience [17] Q&A Session Summary Question: Can you talk about the increased authorization on the buyback? - Management stated that they have abundant capital and are willing to repurchase shares if the stock is trading below fair value while still executing growth plans [26] Question: Are you seeing any increased competition in Florida? - Management noted that the market feels stable, with limited competition from smaller carriers and record voluntary production [27][28] Question: Do you anticipate Citizens' takeouts remaining a significant contributor to growth? - Management confirmed that there are still ample opportunities at Citizens, with a focus on expanding voluntary distribution channels [30] Question: What is the outlook on rates due to tort reform? - Management indicated that they do not foresee significant rate decreases and have been steadily decreasing rates for the last two years [32][33] Question: Can you comment on the strength of the balance sheet? - Management emphasized a conservative reserving philosophy and favorable trends in reserve releases, reflecting a strong balance sheet [37][38]