Slide Insurance Holdings, Inc. Common Stock (SLDE) Stock

Slide Insurance Holdings, Inc. Common Stock (SLDE) is a Financials stock trading at $22.74 (as of 2026-08-21), with a market capitalization of $2.66B and a trailing P/E of 5.8. Figures are sourced from first-party U.S. SEC EDGAR filings and market data.

Slide Insurance Holdings, Inc. operates as a holding company. The company, through its subsidiaries, focuses on underwriting of single family and condominium policies in the property and casualty industry.

Understand Slide Insurance Holdings, Inc. Common Stock: how it makes money

Slide Insurance Holdings, Inc. (through subsidiaries) underwrites single family and condominium property and casualty insurance policies, earning money primarily from insurance premiums and underwriting results.

For an insurer, operating profitability is driven by underwriting math, especially how the loss ratio and expense ratio roll up into the combined ratio, which reflects whether premiums collected cover claims costs and operating expenses.

Business quality (Exceptional): Good clarity on the operating levers (Combined Ratio, Loss Ratio, Expense Ratio) and underwriting performance, but no official product or reportable revenue segments were provided in the facts.

Valuation: At 5× earnings, SLDE trades 59% below the Insurance average (13×). Note: one-time items can distort reported P/E.

Bull case

  • Underwriting appears profitable: The latest quarter shows a Combined Ratio of 55.5%, alongside a Loss Ratio of 30.4% and an Expense Ratio of 25.1%.
  • Positive underwriting tailwinds from prior periods: Favorable Development of Prior Accident Years is reported as 0.03 USD_B.

Bear case

  • Results can shift if claims or costs rise: Because the profit engine is tied to the Loss Ratio and Expense Ratio, any deterioration would raise the Combined Ratio and pressure operating performance.
  • Dependence on policy transitions tied to Citizens: The quarter includes figures for Annualized Gross Premiums Acquired from Citizens (0.09 USD_B) and Policies Assumed from Citizens (152000), meaning mix and timing of these transactions can affect period results.
Valuation — source: SEC EDGAR (first-party)
Price$22.74
Market Cap$2.66B
P/E Ratio5.8
EV / EBITDA1.4
Price / Book2.22
Price / Sales2.04
FCF Yield56.6%
DCF Value (model)$84.85
DCF Upside vs Price273.1%
Profitability & Growth — source: SEC EDGAR
Revenue (TTM)$1.16B
Net Margin38.4%
Revenue Growth (YoY)47.9%
EPS Growth (YoY)11.4%
FCF Growth (YoY)41.2%
Valuation vs Sector & Industry
Stock P/E5.8
Sector P/E (Financials)15.1
Industry P/E (Insurance)13.0
vs Sector-61.4%
vs Industry-55.3%
Smart-Money Activity — SEC Form 4 / 13F / Congressional disclosures
Top Institutional HolderBlackRock, Inc. ($138.09M)
Institutional Holders Tracked10
Company
SectorFinancials
IndustryInsurance
CEOBruce Thomas Lucas
Employees392
CountryUS
IPO Date2025-06-18

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SLDE earnings history · SLDE institutional & insider holders · SLDE KPIs & operating metrics · SLDE financials · SLDE investor presentations & press releases · SLDE SEC filings · SLDE peers · Congress trades · Insider trades · Short interest · Stock screener

Data as of 2026-08-21.

Figures sourced from U.S. Securities and Exchange Commission (SEC EDGAR) filings and market data. Not personalized investment advice.