Slide Insurance (NASDAQ:SLDE) Stock Gets Price Target Bump from Citizens Jmp

Slide Insurance (NASDAQ:SLDE) had its price objective upped by analysts at Citizens Jmp from $28.00 to $33.00 in a report released on Wednesday, Benzinga reports. The firm presently has a “market outperform” rating on the stock. Citizens Jmp‘s price target would suggest a potential upside of 16.24% from the company’s current price.

Several other equities research analysts have also weighed in on SLDE. Citigroup reiterated an “outperform” rating on shares of Slide Insurance in a research note on Monday, October 12th. Barclays restated an “overweight” rating on shares of Slide Insurance in a research report on Wednesday. Wall Street Zen raised Slide Insurance from a “hold” rating to a “buy” rating in a research note on Saturday, September 19th. Keefe, Bruyette & Woods upped their price target on Slide Insurance from $24.00 to $26.00 and gave the company an “outperform” rating in a research report on Monday, August 3rd. Finally, Zacks Research cut Slide Insurance from a “strong-buy” rating to a “hold” rating in a research report on Tuesday, September 29th. One analyst has rated the stock with a Strong Buy rating, six have given a Buy rating and two have given a Hold rating to the company’s stock. According to MarketBeat, the company currently has an average rating of “Moderate Buy” and a consensus target price of $26.60.

Slide Insurance Price Performance

NASDAQ:SLDE opened at $28.39 on Wednesday. Slide Insurance has a 12-month low of $15.11 and a 12-month high of $29.15. The firm has a 50-day moving average price of $24.71 and a 200 day moving average price of $20.01.

Slide Insurance (NASDAQ:SLDE) last announced its quarterly earnings results on Tuesday, October 27th. The company reported $1.09 EPS for the quarter, topping analysts’ consensus estimates of $0.65 by $0.44. The business had revenue of $361.05 million for the quarter, compared to the consensus estimate of $398.08 million. As a group, equities analysts anticipate that Slide Insurance will post 3.84 EPS for the current year.

Insider Activity at Slide Insurance

In other news, Director Stephen Rohde sold 7,500 shares of the company’s stock in a transaction that occurred on Monday, September 14th. The shares were sold at an average price of $26.40, for a total transaction of $198,000.00. Following the transaction, the director directly owned 7,500 shares in the company, valued at approximately $198,000. This represents a 50.00% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, insider Matthew Larson sold 11,150 shares of the company’s stock in a transaction that occurred on Thursday, October 22nd. The stock was sold at an average price of $27.55, for a total transaction of $307,182.50. Following the transaction, the insider owned 11,150 shares in the company, valued at $307,182.50. The trade was a 50.00% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Over the last 90 days, insiders have sold 258,892 shares of company stock worth $6,228,294. 50.80% of the stock is owned by insiders.

Institutional Investors Weigh In On Slide Insurance

Several hedge funds and other institutional investors have recently made changes to their positions in the company. BlackRock Inc. bought a new stake in shares of Slide Insurance during the second quarter worth $98,538,000. Arrowstreet Capital Limited Partnership boosted its holdings in Slide Insurance by 298.0% in the first quarter. Arrowstreet Capital Limited Partnership now owns 2,687,802 shares of the company’s stock valued at $48,380,000 after acquiring an additional 2,012,428 shares during the last quarter. Allianz Asset Management GmbH bought a new position in Slide Insurance in the second quarter valued at about $14,530,000. Man Group plc acquired a new stake in Slide Insurance in the second quarter worth about $12,229,000. Finally, Bank of America Corp DE acquired a new stake in Slide Insurance in the second quarter worth about $10,954,000.

Slide Insurance News Roundup

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

• Positive Sentiment: Slide reported third-quarter diluted EPS of $1.09, 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 gross premiums written increased 9.3% to $506.6 million. Slide Reports Third Quarter 2026 Results
• Positive Sentiment: Management raised the lower end of its full-year gross premiums outlook and increased its full-year net income outlook to approximately $500 million-$520 million, signaling confidence in continued growth. Slide Insurance Q3 Revenue Rises
• Positive Sentiment: The board declared a regular quarterly dividend of $0.07 per share and a one-time $1.50 special dividend, payable November 30 to shareholders of record November 23. The unusually large cash distribution may improve investor sentiment. Slide Declares Dividends
• Positive Sentiment: Slide replaced its $530.4 million credit agreement with a new $1.07 billion facility, providing substantially greater capacity to fund expansion and underwriting growth. Slide Enters New Credit Facility

Slide Insurance Company Profile

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.