Slide Insurance Holdings/$SLDE

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About Slide Insurance Holdings

Ticker

$SLDE

Sector

Primary listing

Industry

Employees

392

ISIN

US8313491057

SLDE Metrics

BasicAdvanced
$2.5B
1.88
$10.88
-
-

Bulls say / Bears say

Slide Insurance Holdings achieved a valuation of $2.62 billion following a successful Nasdaq debut, with shares surging nearly 24% from the IPO price of $17 to open at $21, indicating strong investor confidence. (reuters.com)
The company reported a 69.1% increase in profit to $92.5 million for the quarter ended March 31, 2025, with a combined ratio of 58.9%, demonstrating improved underwriting efficiency. (insurancejournal.com)
Slide's revenue surged nearly 81% to $846.8 million in 2024 compared to the previous year, reflecting rapid growth and market expansion. (tradingview.com)
Slide's portfolio is highly concentrated, with 99.5% of its policies located in Florida, exposing the company to significant risk from natural disasters in the region. (insurancebusinessmag.com)
CEO Bruce Lucas received $21.2 million in compensation in 2024, raising governance concerns due to the high executive pay relative to industry standards. (reuters.com)
The company's rapid growth through acquisitions, including policies from insolvent carriers, may pose integration challenges and potential risks to underwriting quality. (insurancebusinessmag.com)
Data summarised monthly by Lightyear AI. Last updated on 19 Jun 2025.

SLDE Financial Performance

Revenues and expenses
QuarterlyAnnual
Q3 24
QoQ growth
Revenue
$37B
-39.75%
Net income
$45B
107.52%
Profit margin
37.65%
6.78%
Data displayed above is indicative only and its accuracy or completeness is not guaranteed. Actual execution price may vary. Past performance is not indicative of future results. Your return may be affected by currency fluctuations and applicable fees and charges. Capital at risk.
Real-time US market data is sourced from the IEX order book provided by Polygon. After-hours US market data is 15 minutes delayed and may differ significantly from the actual tradable price at market open.

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