Brokerages Set Slide Insurance Holdings, Inc. (NASDAQ:SLDE) Price Target at $24.80

Posted by Brian Himes on Jul 4th, 2026

Slide Insurance Holdings, Inc. (NASDAQ:SLDE – Get Free Report) has received an average recommendation of “Moderate Buy” from the nine brokerages that are currently covering the stock, MarketBeat Ratings reports. Two investment analysts have rated the stock with a hold recommendation, six have assigned a buy recommendation and one has assigned a strong buy recommendation to the company. The average twelve-month target price among brokerages that have covered the stock in the last year is $24.80.

A number of research analysts have commented on SLDE shares. Keefe, Bruyette & Woods upped their price objective on Slide Insurance from $22.00 to $23.00 and gave the company an “outperform” rating in a report on Monday, March 9th. Wall Street Zen upgraded Slide Insurance from a “hold” rating to a “buy” rating in a report on Saturday, May 9th. Texas Capital upgraded shares of Slide Insurance to a “strong-buy” rating in a research note on Wednesday, March 18th. Zacks Research cut Slide Insurance from a “strong-buy” rating to a “hold” rating in a research note on Monday, April 27th. Finally, Weiss Ratings reissued a “hold (c)” rating on shares of Slide Insurance in a research report on Wednesday, May 6th.

Read Our Latest Stock Report on Slide Insurance

Insider Buying and Selling at Slide Insurance

In other Slide Insurance news, CEO Bruce Lucas sold 455,000 shares of the business’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 sale, the chief executive officer directly owned 35,429,165 shares of the company’s stock, valued at approximately $675,279,884.90. The trade was a 1.27% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link. Insiders have sold a total of 4,523,403 shares of company stock worth $84,129,443 over the last ninety days. 50.80% of the stock is currently owned by company insiders.

Hedge Funds Weigh In On Slide Insurance

Large investors have recently added to or reduced their stakes in the company. Fifth Third Bancorp raised its holdings in shares of Slide Insurance by 529,826.4% in the 4th quarter. Fifth Third Bancorp now owns 381,547 shares of the company’s stock worth $7,433,000 after buying an additional 381,475 shares in the last quarter. Cyndeo Wealth Partners LLC bought a new stake in shares of Slide Insurance in the 4th quarter valued at about $2,235,000. FourThought Financial Partners LLC acquired a new position in Slide Insurance in the fourth quarter valued at about $5,893,000. Quantbot Technologies LP bought a new stake in shares of Slide Insurance during the third quarter worth $871,000. Finally, World Investment Advisors acquired a new stake in Slide Insurance in the 4th quarter valued at approximately $1,964,000.

Slide Insurance Price Performance

SLDE stock opened at $21.25 on Monday. 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 business’s 50-day simple moving average is $18.16 and its 200 day simple moving average is $17.97. The company has a market cap of $2.43 billion and a PE ratio of 5.90. Slide Insurance has a twelve month low of $12.53 and a twelve month high of $21.79.

Slide Insurance (NASDAQ:SLDE – Get Free Report) last posted its quarterly earnings data on Tuesday, April 28th. The company reported $1.02 earnings per share for the quarter, topping the consensus estimate of $0.82 by $0.20. Slide Insurance had a net margin of 38.86% and a return on equity of 48.38%. The firm had revenue of $389.28 million during the quarter. On average, research analysts anticipate that Slide Insurance will post 3.51 earnings per share for the current year.

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

About Slide Insurance

(Get Free Report)

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.