SLDE Stock Analysis: Slide Insurance Holdings | NASDAQ
Insurance - Property & Casualty | NASDAQ, USA | Market Cap: 2.434m USD | 12M Return: 11.3% | Charts, Fundamentals & Technical Analysis
Avg Turnover: 23.1M
Qual. Beats: 0
Rev. Trend: 98.4%
Warnings
Tailwinds
No distinct edge detected
Seasonality 1 years of data
How good or bad each month usually is (without trend). The score below shows how much you can trust it: 0 = pure chance, >40 gets interesting and >55 is strong.
Slide Insurance Holdings, Inc. (NASDAQ: SLDE) is a U.S. property and casualty insurer that underwrites coastal specialty personal lines coverage, including homeowners, condominium unit owners, and commercial residential policies. The company also offers reinsurance and insurance agency services alongside its core underwriting business.
Incorporated in 2021 and headquartered in Tampa, Florida, Slide operates in a coastal-focused specialty insurance segment that typically serves higher-risk, hurricane-exposed markets where standard carriers often have limited appetite. Reinsurance arrangements allow insurers to cede portions of their underwriting risk to other carriers, supporting capacity in catastrophe-prone regions.
- Hurricane losses pressure combined ratio and underwriting margins
- Reinsurance treaty renewals drive policy growth and margin outlook
- Florida rate filing reforms impact premium adequacy and competition
| Net Income: 491.0m TTM > 0 and > 6% of Revenue |
| FCF/TA: 0.02 > 0.02 and ΔFCF/TA -11.18 > 1.0 |
| NWC/Revenue: 28.97% < 20% (prev 6.79%; Δ 22.18% < -1%) |
| CFO/TA 0.34 > 3% & CFO 990.1m > Net Income 491.0m |
| Net Debt (-1.10b) to EBITDA (664.5m): -1.66 < 3 |
| Current Ratio: 1.21 > 1.5 & < 3 |
| Outstanding Shares: last quarter (136.6m) vs 12m ago 9.33% < -2% |
| Gross Margin: 81.47% > 18% (prev 52.49%; Δ 28.97% > 0.5%) |
| Asset Turnover: 52.60% > 50% (prev 48.34%; Δ 4.26% > 0%) |
| Interest Coverage Ratio: 184.2 > 6 (EBIT TTM 653.7m / Interest Expense TTM 3.55m) |
| A: 0.13 (Total Current Assets 2.08b - Total Current Liabilities 1.71b) / Total Assets 2.88b |
| B: 0.31 (Retained Earnings 892.7m / Total Assets 2.88b) |
| C: 0.27 (EBIT TTM 653.7m / Avg Total Assets 2.40b) |
| D: 0.63 (Book Value of Equity 1.11b / Total Liabilities 1.77b) |
| Altman-Z'' = 4.33 = AA |
| DSRI: 0.45 (Receivables 233.5m/385.0m, Revenue 1.26b/929.3m) |
| GMI: 0.64 (GM 52.49% / 81.47%) |
| AQI: 1.05 (AQ_t 0.27 / AQ_t-1 0.26) |
| SGI: 1.36 (Revenue 1.26b / 929.3m) |
| TATA: -0.17 (NI 491.0m - CFO 990.1m) / TA 2.88b) |
| Beneish M = -3.53 (Cap -4..+1) = AAA |
As of July 10, 2026, the stock is trading at USD 20.81 with a total of 1,403,123 shares traded. Over the past week, the price has changed by +4.10%, over one month by +24.54%, over three months by +17.04% and over the past year by +11.28%.
Current recommended Stop Loss: 18.90 (which is 9.2% or 2.4 ATR below the current price).
Slide Insurance Holdings has no consensus analysts rating.
| Analysts Target Price | 25.2 | 21.1% |
P/E Trailing = 5.8379
P/S = 1.9266
P/B = 2.0564
Revenue TTM = 1.26b USD
EBIT TTM = 653.7m USD
EBITDA TTM = 664.5m USD
Long Term Debt = 32.4m USD (from longTermDebt, last quarter)
Short Term Debt = unknown (none)
Debt = 51.0m USD (from shortLongTermDebtTotal, last quarter) + Leases 9.29m
Net Debt = -1.10b USD (calculated: Debt 51.0m - CCE 1.16b)
Enterprise Value = 1.33b USD (2.43b + Debt 51.0m - CCE 1.16b)
Interest Coverage Ratio = 184.2 (Ebit TTM 653.7m / Interest Expense TTM 3.55m)
EV/FCF = 27.43x (Enterprise Value 1.33b / FCF TTM 48.5m)
FCF Yield = 3.65% (FCF TTM 48.5m / Enterprise Value 1.33b)
FCF Margin = 3.84% (FCF TTM 48.5m / Revenue TTM 1.26b)
Net Margin = 38.86% (Net Income TTM 491.0m / Revenue TTM 1.26b)
Gross Margin = 81.47% ((Revenue TTM 1.26b - Cost of Revenue TTM 234.2m) / Revenue TTM)
Gross Margin QoQ = 71.47% (prev none%)
Tobins Q-Ratio = 0.46 (Enterprise Value 1.33b / Total Assets 2.88b)
Interest Expense / Debt = 6.96% (Interest Expense 3.55m / Debt 51.0m)
Taxrate = 24.58% (160.0m / 651.0m)
NOPAT = 493.0m (EBIT 653.7m * (1 - 24.58%))
Current Ratio = 1.14 (Total Current Assets 2.08b / Total Current Liabilities 1.82b)
Debt / Equity = 0.05 (Debt 51.0m / totalStockholderEquity, last quarter 1.11b)
Debt / EBITDA = -1.66 (Net Debt -1.10b / EBITDA 664.5m)
Debt / FCF = -22.77 (Net Debt -1.10b / FCF TTM 48.5m)
Total Stockholder Equity = 1.01b (last 4 quarters mean from totalStockholderEquity)
RoA = 20.44% (Net Income 491.0m / Total Assets 2.88b)
RoE = 48.38% (Net Income TTM 491.0m / Total Stockholder Equity 1.01b)
RoCE = 62.43% (EBIT 653.7m / Capital Employed (Equity 1.01b + L.T.Debt 32.4m))
RoIC = 44.49% (NOPAT 493.0m / Invested Capital 1.11b)
WACC = 6.96% (E(2.43b)/V(2.49b) * Re(7.0%) + D(51.0m)/V(2.49b) * Rd(6.96%) * (1-Tc(0.25)))
Discount Rate = 7.0% (= CAPM, Blume Beta Adj.)
Shares (quarterly) Correlation: 78.07 | Cagr: 9.23%
[DCF] Terminal Value 73.10% ; FCFF base≈128.0m ; Y1≈112.3m ; Y5≈90.7m
[DCF] Fair Price = 22.35 (EV 1.46b - Net Debt -1.10b = Equity 2.56b / Shares 114.6m; r=8.35% [WACC [floored]]; 5y FCF grow -15.0% → 2.50% )
EPS Correlation: N/A | EPS CAGR: N/A | SUE: 0.60 | # QB: 0
Revenue Correlation: 98.43 | Revenue CAGR: 57.07% | SUE: N/A | # QB: 0
EPS current Quarter (2026-06-30): EPS=0.78 | Chg30d=+0.00% | Revisions=+29% | Analysts=5
EPS next Quarter (2026-09-30): EPS=0.60 | Chg30d=+0.00% | Revisions=+29% | Analysts=5
EPS current Year (2026-12-31): EPS=3.54 | Chg30d=+0.00% | Revisions=+57% | GrowthEPS=+5.4% | GrowthRev=+30.5%
EPS next Year (2027-12-31): EPS=3.51 | Chg30d=+0.00% | Revisions=+57% | GrowthEPS=-0.8% | GrowthRev=-0.8%
[Analyst] Revisions Ratio: +63% (up=14, down=2)