Slide Insurance Holdings, Inc. (SLDE)
NASDAQ:SLDE
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Earnings Data
Report Date
Aug 18, 2026After Close (Confirmed)
Period Ending
2026 (Q2)Consensus EPS Forecast
0.78Last Year’s EPS
0.56Same Quarter Last Year
Strong Buy
Based on 6 Analysts Ratings
Earnings Call Summary
Earnings Call Sentiment|Positive
The call presented robust operational and financial momentum: high top-line growth (+49% GWP), record net income (+50.8%), improved combined and accident-year loss ratios, strong liquidity ($1.2B cash) and active capital return through buybacks. Management reaffirmed full-year guidance and described prudent reinsurance capacity expansion and geographic growth (California imminent). Offsetting items include rising acquisition and G&A expenses, higher absolute loss dollars, prevalence of rate decreases in Florida and modest CAT activity in the quarter. On balance, the positives — notably strong profitability, underwriting discipline, balance sheet strength and clear capital priorities — materially outweigh the medium-term risks and cost pressures discussed.Company Guidance
Strong Top-Line Growth
Gross written premiums increased 49.1% year-over-year to $414.8 million in Q1 2026 (from $278.2 million), driven by voluntary new business, higher policy retentions and Citizens policy acquisitions.
Record Net Income and EPS
Net income rose 50.8% year-over-year to $139.5 million (from $92.5 million), producing diluted earnings per share of $1.02 and setting a new quarterly record.
Rapid Policy Growth
Policies in force grew 46% year-over-year to 508,928 policies. During the quarter Slide acquired an additional $92.3 million in annualized gross premiums (28,783 policies) from Citizens.
Outstanding Underwriting Performance
Combined ratio improved to 55.5% (from 58.9%), a 3.4 percentage point improvement year-over-year. Accident-year loss ratio improved to 28.4% from 34.2% (improvement of 5.8 percentage points).
Improving Expense Efficiency
Overall expense ratio decreased to 25.1% from 27.4% year-over-year (improvement of 2.3 percentage points) reflecting operating leverage as the business scales.
Reinsurance Capacity and Tower Expansion
First-event reinsurance tower was increased by roughly $1.0 billion versus 2025 to approximately $3.5 billion. Reinsurance capacity was oversubscribed on favorable terms.
Strong Capital Position and Liquidity
As of March 31, 2026, cash and cash equivalents were $1.2 billion and total invested assets were $720 million (33.5% corporate bonds, 31.3% municipal bonds, 24.1% U.S. government bonds, 11.1% ABS/other).
Active, Value-Accretive Capital Return
Completed a $120 million repurchase program in the quarter, repurchased ~7.7 million shares at an average of $17.75 in Q1 and 13.3 million shares total since inception for $230.9 million at an average of $17.30; Board authorized additional repurchase capacity (new $125 million in late March and subsequent additional $100 million authorization announced).
Reaffirmed Full-Year Guidance
Management reaffirmed full-year 2026 guidance: gross written premiums of $1.85 billion to $1.95 billion and net income of $455 million to $470 million.
Geographic Expansion Momentum
Management highlighted imminent California launch (distribution in place) and continued voluntary growth in South Carolina, with New York and New Jersey identified as attractive future opportunities for diversification.
SLDE Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
SLDE Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
Apr 28, 2026 | $18.87 | $18.41 | -2.44% |
Feb 24, 2026 | $17.77 | $19.49 | +9.68% |
Nov 05, 2025 | $16.80 | $16.62 | -1.07% |
Aug 12, 2025 | $17.02 | $15.46 | -9.17% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
FAQ
When does Slide Insurance Holdings, Inc. (SLDE) report earnings?
Slide Insurance Holdings, Inc. (SLDE) is schdueled to report earning on Aug 18, 2026, After Close (Confirmed).
What is Slide Insurance Holdings, Inc. (SLDE) earnings time?
Slide Insurance Holdings, Inc. (SLDE) earnings time is at Aug 18, 2026, After Close (Confirmed).
Where can I see when companies are reporting earnings?
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What companies are reporting earnings today?
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What is SLDE EPS forecast?
SLDE EPS forecast for the fiscal quarter 2026 (Q2) is 0.78.