SLIDE INSURANCE HOLDINGS INC (SLDE)
Financials · Coastal specialty property and casualty insurance · NASDAQ
A newly-launched, tech-driven coastal property insurer using proprietary data analytics to selectively underwrite residential and condominium policies with superior profitability.
What SLIDE INSURANCE HOLDINGS INC does
Slide Insurance is a technology-enabled property and casualty insurer launched in 2021 that focuses on profitable underwriting of single-family, condominium, and commercial residential policies in coastal U.S. states. The company uses proprietary data analytics and underwriting processes for risk selection, and operates through a capital-efficient model leveraging reinsurance.
Themes: ["Coastal specialty property insurance","Technology-enabled underwriting","Homeowners / residential insurance","P&C insurance / risk selection"]
Fundamentals
- Price$20.81 as of 2026-07-09 close
- Market cap$2.4B as of 2026-07-10
- 1-year return+11.3% as of 2026-07-09 close
- P/E4.86 as of 2026-07-10
- Net margin+38.9% as of 2026-07-10
- ROE+48.4% as of 2026-07-10
- Debt / equity0.03 as of 2026-07-10
- Revenue growth (YoY)+38.2% as of 2026-07-10
- Beta0.73 as of 2026-07-10
Key risks (from latest filing)
["Limited operating history since 2021 launch makes business and future prospects difficult to evaluate, with execution risk on underwriting and profitability initiatives","Intense competition from established insurers in homeowners and commercial residential segments, plus dependency on reinsurance availability and pricing at current terms","Exposure to weather-related losses (hurricanes, tornadoes, wildfires, hail) concentrated in coastal states, and cyclical nature of P&C insurance markets with potential for underwriting capacity excess and unfavorable premium rates"]
Competitors & peers
- State Farm (private, but major market competitor in homeowners)
- Allstate (ALL)
- United Insurance Holdings (UPH)
- Heritage Insurance Holdings (HRTG)
- Universal Insurance Holdings (UVE)
- FedNat Holding Company (FNHC)
Fundamentals: Finnhub, as of 2026-07-10. Filings: SEC EDGAR. Prices are delayed daily-close data.
Last updated 2026-07-09.
Informational only — NOT financial advice. All figures are delayed daily-close data from SEC EDGAR & Finnhub, shown with their as-of date.