Slide Insurance Holdings Inc SLDE

Morningstar Rating
$23.63 +1.32 (5.92%)
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About Quantitative Ratings

Morningstar Quantitative Ratings for Stocks are generated using an algorithm that compares companies that are not under analyst coverage to peer companies that do receive analyst-driven ratings. Companies with quantitative ratings are not formally covered by a Morningstar analyst, but are statistically matched to analyst-rated companies, allowing our models to calculate a quantitative moat, fair value, and uncertainty rating.

Price vs Fair Value

SLDE is trading at a LOCK|&P@>b premium.
Price
$23.62
Fair Value
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Uncertainty
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1-Star Price
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5-Star Price
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Economic Moat
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Capital Allocation
—

Trading Information

Previous Close Price
$22.31
Day Range
$22.26–23.67
52-Week Range
$14.20–26.75
Bid/Ask
$23.59 / $24.00
Shares Outstanding
116.81M
Market Cap
$2.76B
Volume/Avg
2M / 1M

Key Statistics

Price/Earnings (Normalized)
5.76
Price/Sales
2.31
Dividend Yield (Trailing)
0.30%
Dividend Yield (Forward)
1.19%
Dividend Payment Schedule
Aug
Total Yield
8.55%

Company Profile

Slide Insurance Holdings Inc operates as a technology enabled coastal specialty insurer company. It is focused on profitable underwriting of single family, condominium and commercial residential policies in the property and casualty (P&C) industry in coastal states along the Atlantic seaboard through insurance subsidiary, Slide Insurance Company (SIC). The company has one reportable segment: insurance. Its offerings include Homeowners Insurance, Condominium Insurance, Landlord Insurance, and Commercial Residential Insurance.
Sector
Financial Services
Industry
Insurance - Property & Casualty
Stock Style Box
—
Total Number of Employees
504

Valuation

Metric
SLDE
Price/Earnings (Normalized)
5.76
Price/Book Value
2.28
Price/Sales
2.31
Price/Cash Flow
6.33
Price/Earnings
SLDE

Financial Strength

Metric
SLDE
Quick Ratio
—
Current Ratio
—
Interest Coverage
205.97
Quick Ratio
No chart available

Profitability

Metric
SLDE
Return on Assets (Normalized)
18.97%
Return on Equity (Normalized)
53.80%
Return on Invested Capital (Normalized)
51.94%
Return on Assets
SLDE

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