Lumida
/SLDE
⌘K
SLDE

SLDE

SLDE
$20.50USD↓-0.49%-0.10 today

MARKET CAP

2.3B

P/E (TTM)

—

FWD P/E

—

DAY RANGE

$20 – $21

52W RANGE

$13
$22

AI Summary

Stalk
Buy NowMedium

SLDE is in a Stage 2 corrective advance within an overall uptrend, offering a bullish medium-term bias. The recent pullback into rising 9/21 EMAs provides a favorable entry zone on a stronger trend backdrop. Short-term execution readiness is high as price holds above intermediate support, though cooling RSI and contracting options score introduce moderate transition risk toward Stage 3. Long-term trend remains firmly bullish, supporting positive directional conviction across horizons.

  • ↑Q1 premiums surged 49% YoY to $414.8 M; net income rose 51% to $139.5 M
  • ↑$1.2 B cash reserve funds growth and shareholder returns via buybacks
  • ↓COO sold $343 K and directors offloaded $2.3 M, suggesting insider skepticism
Full analysis →

The case for & against

Bull & Bear analysis

Bullish

Slide Insurance Holdings, Inc. (NASDAQ: SLIDE) is a technology-driven specialty insurance company focused on providing property insurance solutions to homeowners in catastrophe-exposed markets, primarily in Florida and expanding into other regions like South Carolina and California. As a dominant player in coastal specialty insurance, Slide leverages advanced data analytics and technology for risk management and underwriting, positioning itself well in the competitive insurance landscape and capitalizing on market opportunities arising from citizens' insurance policies.

Bull says

  • ↑Q1 premiums surged 49% YoY to $414.8 M; net income rose 51% to $139.5 M
  • ↑$1.2 B cash reserve funds growth and shareholder returns via buybacks
  • ↑Plans to add $50–100 M in premiums from California expansion this year
  • ↑ROE at 12.5% and combined ratio improved to 55.5%, showing underwriting strength
  • ↑High earnings yield and growth factors with low leverage risk support valuation
  • ↑Positive analyst revisions signal optimism in future earnings

Bear says

  • ↓COO sold $343 K and directors offloaded $2.3 M, suggesting insider skepticism
  • ↓Heavy reliance on Citizens Insurance policies may limit future growth
  • ↓Potential profitability caps in New York threaten underwriting returns
  • ↓High valuation risks correction if growth disappoints
  • ↓No dividend yield deters income-focused investors
  • ↓Weak price momentum and low institutional holding add downside risk

Earnings Call · Q1 2026 · Mgmt. Guidance

Updated 05-02-2026neutral

Transcript signals

Bull points

  • We do think there's an opportunity to grow top line this year by 50 to 100 million just in California, if not more.
  • In the first quarter, net income rose 50.8% to $139.5 million from $92.5 million in the prior year period, resulting in diluted earnings per share of $1.02.
  • Gross premiums written reached $414.8 million up 49.1% from 278.2 million in the first quarter of 2025.

Bear points

  • Net losses and loss adjustments expenses totaled 111.1 million in the quarter as compared to 83.8 million in the prior year period.
  • Policy acquisition and other underwriting expenses rose to $44.1 million from $28.6 million in the prior year period, driven by increased renewal policies from prior year assumed citizens policies, resulting in increased policy acquisition costs in 2026.
  • General administrative expenses increased to $46.2 million from $41.4 million, primarily due to higher staffing levels to support our growth.
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