Brokerages Set Slide Insurance Holdings, Inc. (NASDAQ:SLDE) Target Price at $23.75

Shares of Slide Insurance Holdings, Inc. (NASDAQ:SLDE) have been given a consensus recommendation of “Moderate Buy” by the nine brokerages that are presently covering the company, MarketBeat.com reports. Three analysts have rated the stock with a hold rating, five have issued a buy rating and one has given a strong buy rating to the company. The average 1 year target price among brokerages that have issued ratings on the stock in the last year is $24.60.

A number of brokerages recently issued reports on SLDE. Citizens Jmp increased their price objective on Slide Insurance from $25.00 to $27.00 and gave the stock a “market outperform” rating in a report on Thursday. Weiss Ratings reaffirmed a “hold (c)” rating on shares of Slide Insurance in a research note on Wednesday, May 6th. Wall Street Zen upgraded Slide Insurance from a “hold” rating to a “buy” rating in a research report on Saturday, May 9th. Zacks Research cut Slide Insurance from a “strong-buy” rating to a “hold” rating in a research note on Monday, April 27th. Finally, Keefe, Bruyette & Woods raised their price target on Slide Insurance from $23.00 to $24.00 and gave the company an “outperform” rating in a report on Wednesday, July 8th.

Insider Activity

In other news, CEO Bruce Lucas sold 455,000 shares of the company’s stock in a transaction on Monday, May 18th. The stock was sold at an average price of $19.06, for a total value of $8,672,300.00. Following the completion of the sale, the chief executive officer owned 35,429,165 shares in the company, valued at $675,279,884.90. This represents a 1.27% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available through this link. Also, Director Robert Gries, Jr. sold 84,636 shares of the company’s stock in a transaction dated Monday, July 6th. The shares were sold at an average price of $20.34, for a total transaction of $1,721,496.24. Following the completion of the sale, the director directly owned 1,777,357 shares of the company’s stock, valued at $36,151,441.38. The trade was a 4.55% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. In the last three months, insiders have sold 2,519,857 shares of company stock worth $47,298,682. 50.80% of the stock is owned by corporate insiders.

Institutional Inflows and Outflows

Several institutional investors have recently modified their holdings of SLDE. Comerica Bank raised its position in shares of Slide Insurance by 3,462.2% during the fourth quarter. Comerica Bank now owns 1,318 shares of the company’s stock worth $26,000 after purchasing an additional 1,281 shares during the period. CWM LLC acquired a new position in Slide Insurance in the 4th quarter worth approximately $35,000. Ameritas Investment Partners Inc. purchased a new position in Slide Insurance during the 3rd quarter worth approximately $35,000. State of Wyoming acquired a new stake in Slide Insurance during the 1st quarter valued at $42,000. Finally, Aster Capital Management DIFC Ltd acquired a new position in Slide Insurance during the fourth quarter valued at $47,000.

More Slide Insurance News

Here are the key news stories impacting Slide Insurance this week:

• Positive Sentiment: Slide initiated its first quarterly dividend of $0.07 per share, signaling confidence in cash generation and adding an income component for shareholders. Slide Insurance Holdings Starts Its First Quarterly Dividend
• Positive Sentiment: Management issued 2026 guidance for $1.85 billion-$1.95 billion in gross written premiums and $455 million-$470 million in net income, highlighting expectations for continued growth and strong profitability. Slide Outlines 2026 Guidance
• Positive Sentiment: Second-quarter results exceeded expectations, with earnings of $1.06 per share versus the $0.88 consensus estimate and revenue of approximately $386.8 million. The earnings beat helped drive the stock to a new 52-week high of $23.00. Slide Insurance Holdings Q2 2026 Earnings Call Highlights
• Positive Sentiment: Citizens JMP raised its price target to $27 from $25 and maintained a “market outperform” rating, implying substantial upside from recent trading levels. Benzinga Analyst Update
• Neutral Sentiment: Brokerages currently assign Slide an overall “moderate buy” recommendation, supporting the constructive analyst view but offering limited new information beyond the upgraded price target. Slide Receives Moderate Buy Recommendation
• Negative Sentiment: After the earnings-fueled advance and record high, investors may be locking in gains, creating short-term selling pressure despite the improved guidance, dividend announcement and positive analyst commentary.

Slide Insurance Trading Down 8.6%

Slide Insurance stock opened at $20.23 on Friday. Slide Insurance has a 52-week low of $12.53 and a 52-week high of $23.00. The company has a quick ratio of 1.33, a current ratio of 1.33 and a debt-to-equity ratio of 0.03. The firm has a market capitalization of $2.32 billion and a price-to-earnings ratio of 4.93. The firm has a 50-day moving average price of $18.95 and a two-hundred day moving average price of $18.20.

Slide Insurance (NASDAQ:SLDE) last announced its quarterly earnings results on Tuesday, July 28th. The company reported $1.06 EPS for the quarter, beating the consensus estimate of $0.88 by $0.18. The company had revenue of $386.82 million for the quarter. Slide Insurance had a net margin of 40.02% and a return on equity of 52.25%. Sell-side analysts expect that Slide Insurance will post 3.59 earnings per share for the current year.

Slide Insurance Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Friday, August 28th. Investors of record on Friday, August 14th will be given a $0.07 dividend. This represents a $0.28 dividend on an annualized basis and a yield of 1.4%. The ex-dividend date is Friday, August 14th. Slide Insurance’s dividend payout ratio is currently 6.83%.

Slide Insurance declared that its Board of Directors has initiated a share buyback plan on Tuesday, April 28th that authorizes the company to repurchase $100.00 million in shares. This repurchase authorization authorizes the company to reacquire up to 4.3% of its stock through open market purchases. Stock repurchase plans are often a sign that the company’s leadership believes its stock is undervalued.

About Slide Insurance

Launched in 2021, we are a technology enabled, fast-growing, coastal specialty insurer. We focus on profitable underwriting of single family and condominium policies in the property and casualty (“P&C”) industry in coastal states along the Atlantic seaboard through our insurance subsidiary, Slide Insurance Company (“SIC”). We utilize our differentiated technology and data-driven approach to focus on market opportunities that are underserved by other insurance companies. We acquire policies both from inorganic block acquisitions and subsequent renewals, as well as new business sales through a combination of independent agents and our direct-to-consumer(“DTC”) channel, through which we sell our insurance products directly to end consumers, without the use of retailers, brokers, agents or other intermediaries.