Citizens Jmp Forecasts Strong Price Appreciation for Slide Insurance (NASDAQ:SLDE) Stock

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

Other analysts also recently issued research reports about the company. Wall Street Zen raised Slide Insurance from a “hold” rating to a “buy” rating in a research note on Saturday, September 19th. Barclays reiterated an “overweight” rating on shares of Slide Insurance in a report on Wednesday. Morgan Stanley set a $22.00 target price on Slide Insurance in a research note on Monday, August 3rd. Weiss Ratings upgraded Slide Insurance from a “hold (c+)” rating to a “buy (b-)” rating in a report on Thursday, October 8th. Finally, Keefe, Bruyette & Woods raised their price target on Slide Insurance from $24.00 to $26.00 and gave the stock an “outperform” rating in a research report on Monday, August 3rd. One research analyst has rated the stock with a Strong Buy rating, six have given a Buy rating and two have assigned a Hold rating to the company’s stock. According to data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and a consensus target price of $26.60.

Slide Insurance Stock Down 2.4%

Shares of NASDAQ:SLDE opened at $28.39 on Wednesday. The company has a 50 day moving average price of $24.71 and a two-hundred day moving average price of $20.01. Slide Insurance has a 52 week low of $15.11 and a 52 week high of $29.15.

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

Insider Activity at Slide Insurance

In other Slide Insurance news, 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. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, insider Matthew Larson sold 11,150 shares of the stock in a transaction dated Thursday, October 22nd. The stock was sold at an average price of $27.55, for a total value of $307,182.50. Following the transaction, the insider owned 11,150 shares of the company’s stock, valued at approximately $307,182.50. This trade represents a 50.00% decrease in their position. The disclosure for this sale is available in the SEC filing. In the last ninety days, insiders have sold 258,892 shares of company stock valued at $6,228,294. Insiders own 50.80% of the company’s stock.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently modified their holdings of the company. BlackRock Inc. bought a new position in shares of Slide Insurance during the second quarter worth about $98,538,000. Arrowstreet Capital Limited Partnership lifted its stake in Slide Insurance by 298.0% in the 1st 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 in the last quarter. Lazard Asset Management LLC boosted its position in Slide Insurance by 27.2% during the 1st quarter. Lazard Asset Management LLC now owns 849,967 shares of the company’s stock worth $15,299,000 after acquiring an additional 181,795 shares during the last quarter. Allianz Asset Management GmbH acquired a new position in Slide Insurance during the 2nd quarter worth approximately $14,530,000. Finally, Man Group plc bought a new position in shares of Slide Insurance during the 2nd quarter worth approximately $12,229,000.

Key Headlines Impacting Slide Insurance

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.