
SLDE Stock Forecast & Price Target
SLDE Analyst Ratings
Bulls say
Slide Insurance Holdings Inc has demonstrated impressive growth, with an annual compound growth rate (CAGR) of 89% in gross premium written (GPW) from 2022 to 2024, particularly in the Florida market. The company's expansion into New York and New Jersey is projected to enhance its diversification and leverage reinsurance capabilities, setting the stage for continued growth in these markets. Furthermore, Slide’s anticipated book value per share is expected to increase at a ~33% annual CAGR through 2027, positioning the company favorably in the property insurance landscape due to recent legislative reforms and market opportunities.
Bears say
Slide Insurance Holdings faces a negative outlook primarily due to the potential for rising reinsurance prices, which could significantly affect its ability to maintain current gross written premiums. Additionally, the company's liquidity is at risk in the event of catastrophic occurrences, which could lead to extraordinary losses and financial strength rating downgrades. Furthermore, the complexities associated with underwriting in coastal markets, including mispricing risks and high reinsurance costs, add layers of financial vulnerability that could hamper overall performance.
This aggregate rating is based on analysts' research of Slide Insurance Holdings Inc and is not a guaranteed prediction by Public.com or investment advice.
SLDE Analyst Forecast & Price Prediction
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