Slide Insurance Holdings, Inc. (SLDE) AI Stock Analysis

• Market Cap: $2.11B
• Dividend Yield: N/A
• Average Volume (3M): 1.97M
• Price to Earnings (P/E): 1.6
• Beta (1Y): 0.28
• Revenue Growth: N/A
• EPS Growth: N/A
• Country: US
• Employees: 392
• Sector: Financial
• Sector Strength: 70
• Industry: Insurance - Property & Casualty
• EPS (TTM): 0.79
• Shares Outstanding: 125,497,440
• 10 Day Avg. Volume: 2,053,423
• 30 Day Avg. Volume: 1,965,572
• PEG Ratio: 0.10
• Price to Book (P/B): 5.84
• Price to Sales (P/S): 2.99
• P/FCF Ratio: 4.65
• Enterprise Value/Market Cap: 1.32
• Enterprise Value/Revenue: 2.65
• Enterprise Value/Gross Profit: 6.06
• Enterprise Value/Ebitda: 5.70
• 1Y Price Target: $21.50
• Price Target Upside: 28.28% Upside
• Rating Consensus: Strong Buy
• Number of Analyst Covering: 4
• EPS Forecast (FY): N/A
• Revenue Forecast (FY): N/A

• Rating: 73 Outperform
• Price Target: $16.50 ▼(-1.55% Downside)

Slide Insurance Holdings, Inc. receives a score of 73, driven by strong financial performance and a favorable valuation. The company's robust revenue growth and profitability are significant strengths. Technical analysis presents a mixed outlook, with neutral momentum indicators. The lack of earnings call data and corporate events limits additional insights.

Positive Factors

Revenue Growth

The significant revenue growth indicates robust business expansion and effective market penetration, enhancing long-term competitiveness and sustainability.

Cash Generation

Strong cash generation supports growth initiatives and operational needs, providing financial flexibility and resilience against economic fluctuations.

Margin Sustainability

High profit margins demonstrate efficient cost management and operational efficiency, contributing to sustainable profitability and competitive advantage.

Negative Factors

Regulatory Concerns

Regulatory scrutiny could lead to increased compliance costs and operational disruptions, impacting long-term strategic initiatives and market confidence.

Equity Ratio

A relatively low equity ratio could limit financial stability and flexibility, potentially affecting the company's ability to withstand economic downturns.

Insider Selling

Insider selling may indicate a lack of confidence in the company's future prospects, potentially undermining investor trust and affecting stock performance.

Slide Insurance Holdings, Inc. Business Overview & Revenue Model

Company Description

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.

How the Company Makes Money

Slide Insurance generates revenue primarily through the sale of insurance policies, specifically in the homeowners' insurance market. The company earns premiums from policyholders, which serve as the main revenue stream. In addition, Slide may engage in reinsurance agreements, allowing it to mitigate risk and stabilize earnings by transferring portions of its risk exposure to other insurance companies. The company also benefits from partnerships with technology firms to enhance its platform's capabilities, potentially leading to cost savings and improved customer acquisition. Furthermore, Slide Insurance may explore additional revenue opportunities through value-added services, such as risk assessment tools and home safety assessments, which can provide additional income while fostering customer loyalty.

Slide Insurance Holdings, Inc. Financial Statement Overview

Summary

Slide Insurance Holdings, Inc. exhibits strong financial performance with robust revenue growth and profitability. The income statement reflects a positive growth trajectory, while the balance sheet shows a stable financial position with low leverage. The cash flow statement underscores strong cash generation, supporting growth initiatives. However, there is room for improvement in equity ratios for enhanced long-term stability.

Income Statement

Slide Insurance Holdings, Inc. demonstrates strong revenue growth with a 50.4% increase in 2024, reflecting robust business expansion. The company maintains healthy profitability, with a gross profit margin of 49.8% and a net profit margin of 23.8%, indicating efficient cost management. EBIT and EBITDA margins are also solid at 32.3% and 33.5%, respectively, showcasing operational efficiency. Overall, the income statement reflects a positive growth trajectory and strong profitability.

Balance Sheet

The balance sheet of Slide Insurance Holdings, Inc. is stable, with a low debt-to-equity ratio of 0.11, indicating conservative leverage. The return on equity is impressive at 46.4%, highlighting effective use of shareholder funds. The equity ratio stands at 22.4%, suggesting a strong equity base relative to total assets. While the company maintains a solid financial position, the relatively low equity ratio could be improved for enhanced stability.

Cash Flow

The cash flow statement shows a significant 54.3% growth in free cash flow, reflecting strong cash generation capabilities. The free cash flow to net income ratio is high at 98.2%, indicating efficient conversion of earnings into cash. However, the operating cash flow to net income ratio is not available, which limits a full assessment of cash flow efficiency. Overall, the cash flow position is strong, supporting the company's growth and operational needs.

Breakdown	TTM	Dec 2024	Dec 2023	Dec 2022
Income Statement
Total Revenue	1.05B	846.81M	468.53M	242.43M
Gross Profit	457.68M	421.55M	216.70M	75.46M
EBITDA	486.58M	284.04M	128.77M	36.43M
Net Income	348.67M	201.13M	87.37M	22.30M
Balance Sheet
Total Assets	478.65M	1.93B	1.08B	704.97M
Cash, Cash Equivalents and Short-Term Investments	1.34B	550.08M	334.55M	176.65M
Total Debt	0.00	48.25M	42.31M	32.13M
Total Liabilities	1.72B	1.50B	839.10M	569.62M
Stockholders Equity	964.22M	433.16M	237.60M	135.34M
Cash Flow
Free Cash Flow	531.07M	543.80M	434.32M	136.94M
Operating Cash Flow	534.15M	553.89M	443.00M	157.12M
Investing Cash Flow	-10.57M	-204.00M	-250.33M	-52.10M
Financing Cash Flow	230.15M	-2.41M	20.50M	23.10M

Slide Insurance Holdings, Inc. Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
SLDE	73 Outperform	$2.11B	1.63	52.29%	―	―	―
Sector *	68 Neutral	$18.00B	11.42	9.92%	3.81%	9.73%	1.22%
HUIZ	57 Neutral	$31.68M	12.60	4.56%	―	19.30%	-17.56%
CNFR	52 Neutral	―	―	―	―	―	―
OXBR	43 Neutral	$11.22M	-3.38	-50.32%	―	―	55.30%
GREE	41 Neutral	$25.55M	-1.04	―	―	-3.52%	83.39%
COOT	36 Underperform	$35.99M	-34.58	―	―	―	―

Slide Insurance Holdings, Inc. Corporate Events

Slide Insurance Holdings Reports Strong Q2 2025 Growth

Slide Insurance Holdings, Inc., a technology-driven insurance company based in Tampa, Florida, specializes in providing homeowners with tailored insurance coverage using advanced data analytics and artificial intelligence. The company recently reported its financial results for the second quarter of 2025, showcasing significant growth and strategic milestones.