Slide Insurance (NASDAQ:SLDE) Posts Earnings Results, Beats Expectations By $0.44 EPS

Slide Insurance (NASDAQ:SLDE) released its quarterly earnings results on Tuesday. The company reported $1.09 EPS for the quarter, topping analysts’ consensus estimates of $0.65 by $0.44, Zacks reports. The company had revenue of $361.05 million for the quarter, compared to the consensus estimate of $398.08 million.

Slide Insurance Stock Performance

Shares of SLDE stock opened at $28.39 on Wednesday. Slide Insurance has a 52-week low of $15.11 and a 52-week high of $29.15. The firm has a fifty day moving average of $24.71 and a 200-day moving average of $20.01.

Slide Insurance Dividend Announcement

The firm also recently declared a dividend, which will be paid on Monday, November 30th. Shareholders of record on Monday, November 23rd will be issued a $1.50 dividend. The ex-dividend date of this dividend is Monday, November 23rd.

Key Slide Insurance News

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

• Positive Sentiment: Third-quarter adjusted earnings were $1.09 per diluted share, well above the $0.65 analyst consensus and up from $0.79 a year earlier. Net income rose 24.5% to $138.2 million, while revenue increased 35.9% to $361.1 million. Slide Reports Third Quarter 2026 Results
• Positive Sentiment: Slide raised the lower end of its full-year gross written premium outlook and increased its full-year net income forecast to $500 million-$520 million. Gross premiums written grew 9.3% year over year to $506.6 million. Slide Insurance Q3 Revenue Rises
• Positive Sentiment: The board declared a one-time special dividend of $1.50 per share, in addition to the regular $0.07 quarterly dividend. Both are payable November 30 to shareholders of record November 23, offering a significant near-term shareholder return. Slide Declares Quarterly and Special Dividend
• Positive Sentiment: Expansion into Texas and Rhode Island broadens Slide’s geographic footprint and creates additional premium-growth opportunities, particularly in the large Texas homeowners market. Slide Expands into Texas and Rhode Island
• Neutral Sentiment: Slide replaced its $530.4 million credit agreement with a $1.07 billion facility. The larger financing capacity supports growth, although it also increases the company’s available leverage and financing exposure. Slide Enters New Credit Facility
• Negative Sentiment: The combined ratio worsened to 59.3% from 48.5% a year earlier, signaling higher claims and underwriting costs despite the earnings beat. Investors may also be weighing the company’s catastrophe exposure as it expands into additional markets.
• Negative Sentiment: Reported insider activity remains heavily tilted toward selling, with no insider purchases and substantial sales by executives over the past six months, a potential confidence concern for investors. Slide Insurance Insider Activity

Insider Buying and Selling

In other Slide Insurance news, Director Robert Gries, Jr. sold 61,762 shares of Slide Insurance stock in a transaction on Wednesday, September 9th. The stock was sold at an average price of $24.28, for a total transaction of $1,499,581.36. Following the completion of the transaction, the director directly owned 1,523,449 shares of the company’s stock, valued at approximately $36,989,341.72. This trade represents a 3.90% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this link. Also, CRO Charles Powell sold 2,080 shares of the stock in a transaction dated Thursday, September 3rd. The stock was sold at an average price of $25.00, for a total transaction of $52,000.00. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold 258,892 shares of company stock worth $6,228,294 in the last quarter. Corporate insiders own 50.80% of the company’s stock.

Wall Street Analyst Weigh In

Several research analysts recently weighed in on SLDE shares. Zacks Research lowered Slide Insurance from a “strong-buy” rating to a “hold” rating in a research report on Tuesday, September 29th. Morgan Stanley set a $22.00 price objective on Slide Insurance in a research report on Monday, August 3rd. Weiss Ratings raised Slide Insurance from a “hold (c+)” rating to a “buy (b-)” rating in a research note on Thursday, October 8th. Wall Street Zen upgraded shares of Slide Insurance from a “hold” rating to a “buy” rating in a research note on Saturday, September 19th. Finally, Keefe, Bruyette & Woods increased their price target on shares of Slide Insurance from $24.00 to $26.00 and gave the stock an “outperform” rating in a research note on Monday, August 3rd. One equities research analyst has rated the stock with a Strong Buy rating, six have given a Buy rating and two have issued a Hold rating to the stock. According to MarketBeat, Slide Insurance currently has an average rating of “Moderate Buy” and an average target price of $25.60.

About Slide Insurance

Slide Insurance Holdings, Inc is a technology-enabled property and casualty insurance company focused primarily on residential homeowners insurance. Through its digital platform, the company uses data, automation and analytics to support the quoting, underwriting, policy administration and claims processes.

Slide offers homeowners coverage designed to protect residential properties and personal belongings against covered risks, along with related liability protection and optional coverage features.