Piper Sandler Increases Slide Insurance (NASDAQ:SLDE) Price Target to $24.00

Slide Insurance (NASDAQ:SLDE) had its price target upped by equities researchers at Piper Sandler from $22.00 to $24.00 in a report issued on Thursday,Benzinga reports. The firm presently has an “overweight” rating on the stock. Piper Sandler’s price target suggests a potential upside of 22.64% from the stock’s current price.

SLDE has been the subject of a number of other reports. Zacks Research lowered shares of Slide Insurance from a “strong-buy” rating to a “hold” rating in a report on Monday, February 16th. Keefe, Bruyette & Woods boosted their price target on shares of Slide Insurance from $19.00 to $22.00 and gave the stock an “outperform” rating in a research note on Thursday, November 6th. Weiss Ratings reaffirmed a “hold (c-)” rating on shares of Slide Insurance in a research note on Friday, December 26th. Barclays boosted their target price on Slide Insurance from $25.00 to $29.00 and gave the company an “overweight” rating in a research note on Wednesday. Finally, Morgan Stanley raised their price target on Slide Insurance from $18.00 to $21.00 and gave the stock an “overweight” rating in a research report on Monday, November 17th. Six equities research analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the company. Based on data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and a consensus target price of $24.20.

Slide Insurance Stock Performance

Shares of NASDAQ:SLDE traded up $0.08 during midday trading on Thursday, reaching $19.57. 1,438,940 shares of the company traded hands, compared to its average volume of 1,095,887. The firm’s fifty day moving average price is $17.60 and its two-hundred day moving average price is $16.24. The firm has a market capitalization of $2.43 billion and a price-to-earnings ratio of 14.50. The company has a quick ratio of 1.30, a current ratio of 1.30 and a debt-to-equity ratio of 0.04. Slide Insurance has a 12 month low of $12.53 and a 12 month high of $25.90.

Slide Insurance (NASDAQ:SLDE) last released its quarterly earnings results on Tuesday, February 24th. The company reported $1.23 earnings per share for the quarter, topping the consensus estimate of $0.87 by $0.36. The firm had revenue of $347.01 million during the quarter.

Hedge Funds Weigh In On Slide Insurance

A number of hedge funds have recently bought and sold shares of SLDE. American Century Companies Inc. bought a new stake in shares of Slide Insurance during the 2nd quarter valued at about $56,229,000. Raymond James Financial Inc. bought a new stake in Slide Insurance during the second quarter valued at approximately $33,063,000. Capital World Investors increased its holdings in Slide Insurance by 49.4% during the third quarter. Capital World Investors now owns 4,483,180 shares of the company’s stock valued at $70,767,000 after buying an additional 1,483,180 shares during the last quarter. Hood River Capital Management LLC bought a new position in Slide Insurance in the second quarter worth approximately $31,542,000. Finally, Balyasny Asset Management L.P. raised its position in Slide Insurance by 314.8% in the third quarter. Balyasny Asset Management L.P. now owns 1,378,054 shares of the company’s stock worth $21,753,000 after acquiring an additional 1,045,826 shares during the period.

Key Headlines Impacting Slide Insurance

Here are the key news stories impacting Slide Insurance this week:

• Positive Sentiment: Reported very strong Q4 and full‑year 2025 results: gross written premiums +56.7% in Q4, Q4 net income more than doubled to $170.4M (diluted EPS $1.23) and the combined ratio improved to 38.0%, signaling much better underwriting margins. Slide Reports Fourth Quarter and Full Year 2025 Results
• Positive Sentiment: Management set 2026 guidance that implies continued top‑line and profit growth — gross written premiums targeted at $1.85B–$1.95B and net income $455M–$470M — giving investors a clear, constructive outlook for next year. Slide Insurance targets $1.85B–$1.95B gross premiums and $455M–$470M net income in 2026 as it expands into new states
• Positive Sentiment: Analyst upgrade/price‑target boost: Barclays raised its outlook on SLDE (overweight) and lifted its price target — a notable third‑party validation that can drive incremental demand. Barclays Issues Positive Forecast for Slide Insurance (NASDAQ:SLDE) Stock Price
• Positive Sentiment: Lower cost of catastrophe financing: Slide’s recent $320M Purple Re cat‑bond was cited by management/coverage as having risk‑adjusted cost down >20% YoY, easing reinsurance/financing pressure. Slide’s recent $320m Purple Re cat bond cost risk-adjusted down 20%+ YoY: CEO Lucas
• Neutral Sentiment: Full earnings/metrics writeups and the transcript are available for detail — useful for modeling the sustainability of improved combined ratios and expense trends. Slide Insurance Holdings, Inc. (SLDE) Q4 2025 Earnings Call Transcript
• Neutral Sentiment: Analyst/press comparisons vs. estimates and metric details (Zacks/industry coverage) can help investors reconcile beat‑and‑raise headlines with underlying expense and acquisition trends. Slide Insurance Holdings, Inc. (SLDE) Q4 Earnings: Taking a Look at Key Metrics Versus Estimates
• Neutral Sentiment: Media/market writeups explain the intraday price moves (e.g., coverage explaining why SLDE spiked). Useful background but largely derivative of the earnings/guidance. Why Slide Insurance Holdings, Inc.’s (SLDE) Stock Is Up 8.27%
• Negative Sentiment: Institutional activity is mixed: some large fund reductions were reported alongside new purchases by others — concentrated moves from big holders can increase volatility and create short‑term supply pressure. Slide Insurance Holdings, Inc. Reports 56.7% Growth in Q4 Gross Premiums and Doubled Net Income Year-over-Year

Slide Insurance Company Profile

Launched in 2021, we are a technology enabled, fast-growing, coastal specialty insurer. We focus on profitable underwriting of single family and condominium policies in the property and casualty (“P&C”) industry in coastal states along the Atlantic seaboard through our insurance subsidiary, Slide Insurance Company (“SIC”). We utilize our differentiated technology and data-driven approach to focus on market opportunities that are underserved by other insurance companies. We acquire policies both from inorganic block acquisitions and subsequent renewals, as well as new business sales through a combination of independent agents and our direct-to-consumer(“DTC”) channel, through which we sell our insurance products directly to end consumers, without the use of retailers, brokers, agents or other intermediaries.