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Earnings documents stored for SLDE.
Investor releaseQuarter not tagged2026-08-13Surging Earnings Estimates Signal Upside for Slide Insurance Holdings, Inc. (SLDE) Stock
Zacks
Surging Earnings Estimates Signal Upside for Slide Insurance Holdings, Inc. (SLDE) Stock
Slide Insurance Holdings, Inc. (SLDE) appears an attractive pick given a noticeable improvement in the company's earnings outlook. The stock has been a strong performer lately, and the momentum might continue with analysts still raising their earnings estimates for the company. Analysts' growing optimism on the earnings prospects of this company is driving estimates higher, which should get reflected in its stock price. After all, empirical research shows a strong correlation between trends in earnings estimate revisions and near-term stock price movements. Our stock rating tool -- the Zacks Rank -- is principally built on this insight. The five-grade Zacks Rank system, which ranges from a Zacks Rank #1 (Strong Buy) to a Zacks Rank #5 (Strong Sell), has an impressive externally-audited track record of outperformance, with Zacks #1 Ranked stocks generating an average annual return of +25% since 2008. For Slide Insurance Holdings, Inc., there has been strong agreement among the covering analysts in raising earnings estimates, which has helped push consensus estimates considerably higher for the next quarter and full year. The chart below shows the evolution of forward 12-month Zacks Consensus EPS estimate: The earnings estimate of $0.59 per share for the current quarter represents a change of -25.3% from the number reported a year ago. Over the last 30 days, the Zacks Consensus Estimate for Slide Insurance Holdings, Inc. has increased 11.43% because one estimate has moved higher while one has gone lower. The company is expected to earn $3.91 per share for the full year, which represents a change of +16.4% from the prior-year number. In terms of estimate revisions, the trend for the current year also appears quite encouraging for Slide Insurance Holdings, Inc.. Over the past month, two estimates have moved higher compared to no negative revisions, helping the consensus estimate increase 8.91%. The promising estimate revisions have helped Slide Insurance Holdings, Inc. earn a Zacks Rank #1 (Strong Buy). The Zacks Rank is a tried-and-tested rating tool that helps investors effectively harness the power of earnings estimate revisions and make the right investment decision.You can see the complete list of today's Zacks #1 Rank (Strong Buy) stocks here. Our research shows that stocks with Zacks Rank #1 (Strong Buy) and 2 (Buy) significantly outperform the S&P 500. I…Read full documentShow less
Slide Insurance Holdings, Inc. (SLDE) appears an attractive pick given a noticeable improvement in the company's earnings outlook. The stock has been a strong performer lately, and the momentum might continue with analysts still raising their earnings estimates for the company. Analysts' growing optimism on the earnings prospects of this company is driving estimates higher, which should get reflected in its stock price. After all, empirical research shows a strong correlation between trends in earnings estimate revisions and near-term stock price movements. Our stock rating tool -- the Zacks Rank -- is principally built on this insight. The five-grade Zacks Rank system, which ranges from a Zacks Rank #1 (Strong Buy) to a Zacks Rank #5 (Strong Sell), has an impressive externally-audited track record of outperformance, with Zacks #1 Ranked stocks generating an average annual return of +25% since 2008. For Slide Insurance Holdings, Inc., there has been strong agreement among the covering analysts in raising earnings estimates, which has helped push consensus estimates considerably higher for the next quarter and full year. The chart below shows the evolution of forward 12-month Zacks Consensus EPS estimate: The earnings estimate of $0.59 per share for the current quarter represents a change of -25.3% from the number reported a year ago. Over the last 30 days, the Zacks Consensus Estimate for Slide Insurance Holdings, Inc. has increased 11.43% because one estimate has moved higher while one has gone lower. The company is expected to earn $3.91 per share for the full year, which represents a change of +16.4% from the prior-year number. In terms of estimate revisions, the trend for the current year also appears quite encouraging for Slide Insurance Holdings, Inc.. Over the past month, two estimates have moved higher compared to no negative revisions, helping the consensus estimate increase 8.91%. The promising estimate revisions have helped Slide Insurance Holdings, Inc. earn a Zacks Rank #1 (Strong Buy). The Zacks Rank is a tried-and-tested rating tool that helps investors effectively harness the power of earnings estimate revisions and make the right investment decision.You can see the complete list of today's Zacks #1 Rank (Strong Buy) stocks here. Our research shows that stocks with Zacks Rank #1 (Strong Buy) and 2 (Buy) significantly outperform the S&P 500. Investors have been betting on Slide Insurance Holdings, Inc. because of its solid estimate revisions, as evident from the stock's 6.2% gain over the past four weeks. As its earnings growth prospects might push the stock higher, you may consider adding it to your portfolio right away. Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Slide Insurance Holdings, Inc. (SLDE) : Free Stock Analysis Report This article originally published on Zacks Investment Research (zacks.com). Zacks Investment Research
Investor releaseQuarter not tagged2026-07-29Slide Insurance Holdings Inc (SLDE) Q2 2026 Earnings Call Highlights: Record Growth and ...
GuruFocus.com
Slide Insurance Holdings Inc (SLDE) Q2 2026 Earnings Call Highlights: Record Growth and ...
This article first appeared on GuruFocus. Gross Written Premiums: Increased by 16.7% year over year to $508 million. Net Income: Rose 92.4% to $134.9 million. Diluted Earnings Per Share: $1.06. Return on Equity (ROE): 11.7% for the second quarter; 23.8% for the first six months, equating to an annualized ROE of 45%. Combined Ratio: Improved to 57.5% from the prior year. Total Revenue: Increased 47.9% to $386.8 million. Net Premiums Earned: Grew 47.9% to $360.6 million. Net Losses and Loss Adjustment Expenses: $108.7 million, including $8.8 million of convective storm losses. Expense Ratio: 27.4%, down from 30% in the prior year period. Cash and Cash Equivalents: $1.24 billion as of June 30, 2026. Total Invested Assets: $839.1 million. Share Repurchase: Approximately 3 million shares repurchased at $17.95 per share. Quarterly Cash Dividend: Initiated at $0.07 per share. Full-Year 2026 Guidance: Gross written premiums expected between $1.85 billion and $1.95 billion; net income between $455 million and $470 million. Warning! GuruFocus has detected 4 Warning Signs with GEHC. Is SLDE fairly valued? Test your thesis with our free DCF calculator. Release Date: July 29, 2026 For the complete transcript of the earnings call, please refer to the full earnings call transcript. Slide Insurance Holdings Inc (NASDAQ:SLDE) achieved a 16.7% year-over-year growth in gross written premiums, reaching $508 million. Net income increased by 92.4% year-over-year to $134.9 million, with diluted earnings per share of $1.06. The company launched a residential property excess and surplus lines program in California, expanding its market presence. Slide Insurance Holdings Inc (NASDAQ:SLDE) received regulatory approval to enter Rhode Island and New Jersey, marking its fourth and fifth states of operation. The company initiated a quarterly cash dividend of $0.07 per share, reflecting confidence in its earnings power and financial position. The pace of Citizens assumptions slowed to allow the company to bind its 2026 reinsurance treaty. Policy acquisition and other underwriting expenses rose to $42.3 million, driven by increased policy acquisition costs. General and administrative expenses increased to $55 million due to higher staffing levels. The company faces potential true-up payments to reinsurers if business growth exceeds projections. Despite reduced loss costs, plaintiff attorney…Read full documentShow less
This article first appeared on GuruFocus. Gross Written Premiums: Increased by 16.7% year over year to $508 million. Net Income: Rose 92.4% to $134.9 million. Diluted Earnings Per Share: $1.06. Return on Equity (ROE): 11.7% for the second quarter; 23.8% for the first six months, equating to an annualized ROE of 45%. Combined Ratio: Improved to 57.5% from the prior year. Total Revenue: Increased 47.9% to $386.8 million. Net Premiums Earned: Grew 47.9% to $360.6 million. Net Losses and Loss Adjustment Expenses: $108.7 million, including $8.8 million of convective storm losses. Expense Ratio: 27.4%, down from 30% in the prior year period. Cash and Cash Equivalents: $1.24 billion as of June 30, 2026. Total Invested Assets: $839.1 million. Share Repurchase: Approximately 3 million shares repurchased at $17.95 per share. Quarterly Cash Dividend: Initiated at $0.07 per share. Full-Year 2026 Guidance: Gross written premiums expected between $1.85 billion and $1.95 billion; net income between $455 million and $470 million. Warning! GuruFocus has detected 4 Warning Signs with GEHC. Is SLDE fairly valued? Test your thesis with our free DCF calculator. Release Date: July 29, 2026 For the complete transcript of the earnings call, please refer to the full earnings call transcript. Slide Insurance Holdings Inc (NASDAQ:SLDE) achieved a 16.7% year-over-year growth in gross written premiums, reaching $508 million. Net income increased by 92.4% year-over-year to $134.9 million, with diluted earnings per share of $1.06. The company launched a residential property excess and surplus lines program in California, expanding its market presence. Slide Insurance Holdings Inc (NASDAQ:SLDE) received regulatory approval to enter Rhode Island and New Jersey, marking its fourth and fifth states of operation. The company initiated a quarterly cash dividend of $0.07 per share, reflecting confidence in its earnings power and financial position. The pace of Citizens assumptions slowed to allow the company to bind its 2026 reinsurance treaty. Policy acquisition and other underwriting expenses rose to $42.3 million, driven by increased policy acquisition costs. General and administrative expenses increased to $55 million due to higher staffing levels. The company faces potential true-up payments to reinsurers if business growth exceeds projections. Despite reduced loss costs, plaintiff attorneys in Florida continue to file lawsuits, impacting the legal environment. Q: Can you provide an updated metric for the cost of this year's reinsurance program compared to last year's $431 million? A: Bruce Lucas, CEO: It's challenging to make a direct comparison due to our growth over the past year. However, on a risk-adjusted basis, we experienced double-digit declines in reinsurance rates. Q: What is the expected geographic mix of premiums between Florida, California, and the Northeast by year-end? A: Bruce Lucas, CEO: The majority of premiums will still be from Florida due to its portfolio size. However, we anticipate a significant change in geographic mix as we move into 2027, with newer markets like California and the Northeast growing. Q: With the slowdown in Citizens takeout, where do you see the expense ratio trending? A: Andy Omiridis, CFO: We expect the expense ratio to be around 28%, staying below 30%. Q: Why hasn't the guidance changed despite favorable weather conditions in the first half of the year? A: Bruce Lucas, CEO: We aim to maintain conservative forward guidance. While we are confident in our projections, we manage exposures carefully to avoid substantial true-up payments to reinsurers. Q: How is the competitive landscape in Florida affecting Slide's profitability and growth? A: Bruce Lucas, CEO: We haven't seen significant changes in competition affecting our top line. The main competitors remain larger carriers, and we are not experiencing margin contraction. Q: Can you clarify the nature of the potential true-up payment to reinsurers? A: Bruce Lucas, CEO: If our business exceeds projections given to reinsurers, a true-up payment may be required due to higher-than-anticipated exposures. Q: How have legal reforms in Florida impacted loss trends for Slide? A: Bruce Lucas, CEO: We've seen reduced loss costs since early 2023 post-reform. The reforms have significantly decreased the number of lawsuits, stabilizing the market. Q: What is Slide's approach to capital deployment, particularly regarding M&A? A: Bruce Lucas, CEO: We are actively exploring M&A opportunities but have not finalized any deals due to high price expectations. Meanwhile, we continue share repurchases and have initiated a quarterly dividend to benefit shareholders. For the complete transcript of the earnings call, please refer to the full earnings call transcript.
Investor releaseQuarter not tagged2026-07-29Slide Insurance Holdings (SLDE) Starts Its First Quarterly Dividend At $0.07 A Share
Simply Wall St.
Slide Insurance Holdings (SLDE) Starts Its First Quarterly Dividend At $0.07 A Share
Track your investments for FREE with Simply Wall St, the portfolio command center trusted by over 7 million individual investors worldwide. Slide Insurance Holdings (NasdaqGS:SLDE) has initiated its first quarterly dividend following its Q2 2026 results. The decision marks the company’s shift toward a recurring cash return policy for shareholders. The new dividend introduces an income component that may appeal to a broader investor base. Slide Insurance Holdings operates in the insurance sector, where capital strength and underwriting discipline are closely watched by investors. The launch of a recurring dividend after Q2 2026 reflects management’s current view of the company’s financial position and cash flow profile. For investors, a new dividend can change how NasdaqGS:SLDE is viewed in a portfolio. It adds an income angle and may influence how the stock is compared with other insurance peers that already pay regular dividends. Stay updated on the most important news stories for Slide Insurance Holdings by adding it to your watchlist or portfolio. Alternatively, explore our Community to discover new perspectives on Slide Insurance Holdings. Is Slide Insurance Holdings's dividend sustainable? Check out what every dividend investor needs to know in our dividend analysis. For Slide Insurance Holdings, the decision to start a quarterly dividend of US$0.07 per share sits on top of a period of strong reported profitability. Q2 2026 revenue was US$386.82m compared to US$261.61m a year earlier, and net income was US$134.85m compared to US$70.07m. On a six month view, net income reached US$274.38m. Against these figures, the cash cost of the dividend looks modest, which can help the payout ratio stay conservative and leave room for reinvestment, reinsurance spend and potential future capital returns. Management has also reiterated full year 2026 net income guidance of US$455m to US$470m, which signals confidence in ongoing cash generation to support both growth and shareholder returns. The initiation of a recurring dividend aligns with the narrative focus on a strong capital position and growing balance sheet, and it adds another channel for capital returns alongside the existing share repurchase authorizations. The new cash commitment could constrain flexibility if Slide Insurance Holdings later faces higher catastrophe losses or needs additional capital to suppo…Read full documentShow less
Track your investments for FREE with Simply Wall St, the portfolio command center trusted by over 7 million individual investors worldwide. Slide Insurance Holdings (NasdaqGS:SLDE) has initiated its first quarterly dividend following its Q2 2026 results. The decision marks the company’s shift toward a recurring cash return policy for shareholders. The new dividend introduces an income component that may appeal to a broader investor base. Slide Insurance Holdings operates in the insurance sector, where capital strength and underwriting discipline are closely watched by investors. The launch of a recurring dividend after Q2 2026 reflects management’s current view of the company’s financial position and cash flow profile. For investors, a new dividend can change how NasdaqGS:SLDE is viewed in a portfolio. It adds an income angle and may influence how the stock is compared with other insurance peers that already pay regular dividends. Stay updated on the most important news stories for Slide Insurance Holdings by adding it to your watchlist or portfolio. Alternatively, explore our Community to discover new perspectives on Slide Insurance Holdings. Is Slide Insurance Holdings's dividend sustainable? Check out what every dividend investor needs to know in our dividend analysis. For Slide Insurance Holdings, the decision to start a quarterly dividend of US$0.07 per share sits on top of a period of strong reported profitability. Q2 2026 revenue was US$386.82m compared to US$261.61m a year earlier, and net income was US$134.85m compared to US$70.07m. On a six month view, net income reached US$274.38m. Against these figures, the cash cost of the dividend looks modest, which can help the payout ratio stay conservative and leave room for reinvestment, reinsurance spend and potential future capital returns. Management has also reiterated full year 2026 net income guidance of US$455m to US$470m, which signals confidence in ongoing cash generation to support both growth and shareholder returns. The initiation of a recurring dividend aligns with the narrative focus on a strong capital position and growing balance sheet, and it adds another channel for capital returns alongside the existing share repurchase authorizations. The new cash commitment could constrain flexibility if Slide Insurance Holdings later faces higher catastrophe losses or needs additional capital to support faster growth into new coastal states, which is a risk raised in the narrative. The dividend introduction is not explicitly covered in the existing narrative, so the balance between buybacks, dividends and growth investment may require an updated view of capital allocation priorities. Knowing what a company is worth starts with understanding its story. Check out one of the top narratives in the Simply Wall St Community for Slide Insurance Holdings to help decide what it is worth to you. ⚠️ Analysts have flagged 2 key risks overall, including that earnings are forecast to decline on average over the next 3 years, which could affect how sustainable a growing dividend might be. ⚠️ The business continues to carry weather and catastrophe risk, so a more severe hurricane season could pressure underwriting results and the cash available to fund dividends and buybacks. 🎁 Slide Insurance Holdings has grown earnings over the past year and is currently assessed as trading at good value compared with peers and industry, which provides a foundation for introducing an income component. 🎁 The combination of a new dividend, prior buyback authorizations and reiterated full year net income guidance suggests management is comfortable returning cash to shareholders while continuing to fund operations. After this first payout, investors in Slide Insurance Holdings may want to track how the dividend progresses relative to earnings, catastrophe experience and capital needs. Key markers will include the payout ratio over time, any changes to full year 2026 guidance, and whether management prioritizes dividends or share repurchases when conditions change. It can also be useful to compare Slide Insurance Holdings with other insurance stocks such as Allstate, Travelers and Progressive to see how its capital return mix and underwriting results stack up within the sector. To ensure you're always in the loop on how the latest news impacts the investment narrative for Slide Insurance Holdings, head to the community page for Slide Insurance Holdings to never miss an update on the top community narratives. This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned. Companies discussed in this article include SLDE. Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email [email protected]
Investor releaseQuarter not tagged2026-07-29Slide Insurance Q2 Earnings Call Highlights
MarketBeat
Slide Insurance Q2 Earnings Call Highlights
Interested in Slide Insurance Holdings, Inc.? Here are five stocks we like better. Strong Q2 performance: Net income rose 92.4% year over year to $134.9 million, while gross written premiums increased 16.7% to $508 million. The combined ratio improved 990 basis points to 57.5%, supported by lower catastrophe losses and improved loss experience. Reinsurance and geographic expansion: Slide expanded its 2026 catastrophe reinsurance capacity by more than $2 billion, including a first-event return period of approximately 180 years. The company is also expanding beyond Florida, with California operations underway and approvals secured for Rhode Island and New Jersey. Capital returns and outlook maintained: Slide repurchased about 3 million shares, approved its first quarterly dividend of $0.07 per share, and reaffirmed 2026 guidance for $1.85 billion–$1.95 billion in gross written premiums and $455 million–$470 million in net income. Slide Insurance (NASDAQ:SLDE) reported second-quarter net income of $134.9 million, up 92.4% from $70.1 million a year earlier, as gross written premiums increased and the company’s combined ratio improved. Diluted earnings per share were $1.06 for the quarter. Gross written premiums rose 16.7% year over year to $508 million, driven by voluntary new-business growth and renewals of policies previously acquired from Citizens. Total revenue increased 47.9% to $386.8 million, while net premiums earned also climbed 47.9% to $360.6 million. → This Tiny AI Supplier Could Be More Important Than the Chipmakers “We once again executed at a high level this quarter,” Chairman and Chief Executive Officer Bruce Lucas said, citing the company’s coastal specialty model, underwriting discipline and lower catastrophe losses. Slide’s combined ratio improved 990 basis points from the prior-year period to 57.5%. The current accident-year loss ratio declined to 30.2% from 37.2%, which Chief Financial Officer Andy Omiridis said primarily reflected improved overall loss experience. → Refiner Stocks Are Near Record Highs—Can Iran-Driven Margins Keep Them There? Net losses and loss adjustment expenses totaled $108.7 million, compared with $91.4 million in the second quarter of 2025. The company recorded $8.8 million of convective storm losses during the quarter, representing 2.4 points of its loss ratio, according to management. Lucas said Slide recorded no pr…Read full documentShow less
Interested in Slide Insurance Holdings, Inc.? Here are five stocks we like better. Strong Q2 performance: Net income rose 92.4% year over year to $134.9 million, while gross written premiums increased 16.7% to $508 million. The combined ratio improved 990 basis points to 57.5%, supported by lower catastrophe losses and improved loss experience. Reinsurance and geographic expansion: Slide expanded its 2026 catastrophe reinsurance capacity by more than $2 billion, including a first-event return period of approximately 180 years. The company is also expanding beyond Florida, with California operations underway and approvals secured for Rhode Island and New Jersey. Capital returns and outlook maintained: Slide repurchased about 3 million shares, approved its first quarterly dividend of $0.07 per share, and reaffirmed 2026 guidance for $1.85 billion–$1.95 billion in gross written premiums and $455 million–$470 million in net income. Slide Insurance (NASDAQ:SLDE) reported second-quarter net income of $134.9 million, up 92.4% from $70.1 million a year earlier, as gross written premiums increased and the company’s combined ratio improved. Diluted earnings per share were $1.06 for the quarter. Gross written premiums rose 16.7% year over year to $508 million, driven by voluntary new-business growth and renewals of policies previously acquired from Citizens. Total revenue increased 47.9% to $386.8 million, while net premiums earned also climbed 47.9% to $360.6 million. → This Tiny AI Supplier Could Be More Important Than the Chipmakers “We once again executed at a high level this quarter,” Chairman and Chief Executive Officer Bruce Lucas said, citing the company’s coastal specialty model, underwriting discipline and lower catastrophe losses. Slide’s combined ratio improved 990 basis points from the prior-year period to 57.5%. The current accident-year loss ratio declined to 30.2% from 37.2%, which Chief Financial Officer Andy Omiridis said primarily reflected improved overall loss experience. → Refiner Stocks Are Near Record Highs—Can Iran-Driven Margins Keep Them There? Net losses and loss adjustment expenses totaled $108.7 million, compared with $91.4 million in the second quarter of 2025. The company recorded $8.8 million of convective storm losses during the quarter, representing 2.4 points of its loss ratio, according to management. Lucas said Slide recorded no prior-year development through the first six months of 2026. Policy acquisition and other underwriting expenses increased to $42.3 million from $32.1 million, reflecting premium growth and higher policy acquisition costs. General and administrative expenses rose to $55 million from $37.9 million, primarily due to higher staffing levels supporting expansion. → Innovative ETF Strategies That Are Paying Off This Summer Despite those increases, Slide’s overall expense ratio fell to 27.4% from 30% a year earlier. Omiridis attributed the improvement to operating leverage as the company scales. During the question-and-answer session, he said the company expects its expense ratio to be near 28% and models it in a range of 28% to 30%. For the first six months of 2026, Slide reported a 56.5% combined ratio and a 23.8% return on equity, which Lucas said equates to a 45% annualized return on equity. During the quarter, Slide completed its 2026 catastrophe reinsurance program. Lucas said the company achieved a double-digit year-over-year decline in risk-adjusted reinsurance rates while increasing its first-event reinsurance tower by $1.4 billion from 2025 and expanding total capacity by more than $2 billion. The company purchased coverage to a return period above the 130-year level commonly used in Florida, Lucas said, adding that Slide’s first-event return period was about 180 years. He said the larger program is intended to protect the balance sheet and policyholders from shock losses during the Atlantic hurricane season. Lucas said it was difficult to provide a direct comparison of total reinsurance costs with the prior year because Slide’s exposure has grown substantially. He also noted that the company manages its growth relative to the exposure projections given to reinsurers. Writing more business than projected could lead to a reinsurance true-up payment, which he said would be more expensive than purchasing coverage upfront. Slide launched a residential property excess and surplus lines program in California in May. Lucas said the company has taken a measured approach to underwriting in the state, beginning with a limited group of agents, and expects growth to accelerate later in the year as it adds producers. The company also received regulatory approval to enter Rhode Island and New Jersey, which Lucas described as Slide’s fourth and fifth states of operation. During the call, he said New York was expected to launch during the current quarter. California had generated “a couple of million” dollars in premium as of the call, Lucas said. However, Florida is expected to account for the vast majority of in-force premium through year-end because of the size of the company’s existing portfolio. He said the geographic mix is expected to change more materially in 2027. Management said it continues to see lower loss costs in Florida following state legal reforms. Lucas said Slide first saw the effects of the changes in early 2023 after acquiring a large group of policies from the insolvent UPC Insurance that were issued with policy language reflecting the reforms. He said Florida’s litigation environment has improved, while noting that plaintiff attorneys continue to file lawsuits. Slide repurchased approximately 3 million common shares during the second quarter at a weighted average price of $17.95 per share. The company had $114.1 million remaining under its share repurchase authorization as of June 30. The board also approved Slide’s first quarterly cash dividend of $0.07 per share. Lucas said the dividend and repurchase program reflect the company’s free-cash-flow generation and capital position while allowing it to continue funding growth investments. As of June 30, Slide held $1.24 billion in cash and cash equivalents and $839.1 million in total invested assets, primarily fixed-maturity securities available for sale. The company reaffirmed its full-year 2026 guidance, forecasting gross written premiums of $1.85 billion to $1.95 billion and net income of $455 million to $470 million. Omiridis said anticipated premium growth is expected to come primarily from organic expansion outside Florida, supplemented by selective Florida opportunities that meet the company’s return targets. Lucas said the company believes it could exceed elements of its outlook but is maintaining a conservative guidance posture, particularly given exposure management considerations associated with its reinsurance program. Launched in 2021, we are a technology enabled, fast-growing, coastal specialty insurer. We focus on profitable underwriting of single family and condominium policies in the property and casualty (“P&C”) industry in coastal states along the Atlantic seaboard through our insurance subsidiary, Slide Insurance Company (“SIC”). We utilize our differentiated technology and data-driven approach to focus on market opportunities that are underserved by other insurance companies. We acquire policies both from inorganic block acquisitions and subsequent renewals, as well as new business sales through a combination of independent agents and our direct-to-consumer(“DTC”) channel, through which we sell our insurance products directly to end consumers, without the use of retailers, brokers, agents or other intermediaries. This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to [email protected]. The article "Slide Insurance Q2 Earnings Call Highlights" was originally published by MarketBeat. View MarketBeat's top stocks for July 2026.
TranscriptFY2026 Q22026-07-29FY2026 Q2 earnings call transcript
Earnings source - 57 paragraphs
FY2026 Q2 earnings call transcript
Greetings, and welcome to the Slide Insurance second quarter 2026 earnings call. At this time, all participants are in a listen-only mode. A brief question and answer session will follow the formal presentation. Should anyone require operator assistance during the conference, please press star zero on your telephone keypad. As a reminder, this conference is being recorded. I will now turn the call over to investor relations. Thank you. You may begin.
Thank you. Good morning. With us today are your hosts, Bruce Lucas, Chairman and Chief Executive Officer of Slide, and Andy Omiridis, Chief Financial Officer. By now, everyone should have access to our earnings release, which was published yesterday after the market closed and can be found on our website at ir.slideinsurance.com. Before we begin our formal remarks, I need to remind everyone that part of our discussion today may include forward-looking statements which are based on the expectations, estimates, and projections of management regarding the company's future performance, anticipated events or trends, and other matters that are not historical facts. Forward-looking statements in our discussion are subject to various assumptions, risks, uncertainties, and other factors that are difficult to predict, which could cause actual results to differ materially from those expressed or implied in the forward-looking statements.
These statements are not guarantees of future performance and therefore undue reliance should not be placed upon them. We refer all of you to our earnings release and recent filings with the SEC for a more detailed discussion of the risks and uncertainties that could impact the future operating results and financial condition of Slide. Our statements are as of today, July 29, 2026. We undertake no obligation to update any forward-looking statements we may make except as required by law. In addition, this call is being webcast and an archived version will be available shortly after the call ends on the investor relations portion of the company's website at www.slideinsurance.com. With that, I'd now like to turn the call over to our founder, Chairman, and CEO, Bruce Lucas. Please go ahead.
Thank you. Welcome to our second quarter 2026 earnings call. We once again executed at a high level this quarter, reinforcing the strength of our tech-enabled coastal specialty model and its ability to produce industry-leading top and bottom-line results. For the quarter, we grew gross written premiums by 16.7% year-over-year to $508 million, driven by continued growth in voluntary sales and renewals of previously acquired Citizens policies. In the second quarter, our pace of Citizens assumptions slowed in order to allow the company to bind its 2026 reinsurance treaty. We continued to grow gross written premiums driven by policy retention and continued growth in voluntary sales and the launch of our California E&S products.
In addition to our top-line growth, Slide grew net income by 92.4% year-over-year to $134.9 million, with diluted earnings per share of $1.06. Second quarter return on equity was 11.7%, and our combined ratio improved to 57.5%, reflecting continued underwriting discipline and a lower level of catastrophe losses. For the first six months of 2026, our combined ratio is 56.5% and our return on equity is 23.8%, which equates to an annualized ROE of 45%. Our second quarter results provide further testament to our ability to deliver meaningful value creation for our shareholders. We continued to make meaningful progress in expanding our footprint.
In May, we launched our residential property excess and surplus lines program in California, bringing much needed capacity to an underserved homeowners market. As we have been in the state for a couple of months, we are taking a thoughtful approach to underwriting new policies, and we expect to accelerate our growth within California towards the end of the year. In addition, we recently received regulatory approval to enter both Rhode Island and New Jersey, our fourth and fifth states of operation, respectively. Our expansion to the Northeast U.S. further reflects the scalability of our platform and our ability to identify and act on attractive opportunities outside of Florida, where we believe we have an expertise to produce significant growth, coupled with attractive returns. We remain confident in our ability to execute on our diversified growth strategy, creating long-term value for our shareholders.
We have purposely built our coastal specialty platform around one of the strongest balance sheets in the sector, giving us the financial flexibility to pursue this kind of expansion. As we move through the back half of the year, we expect to continue investing in the systems and underwriting talent to maintain our industry leading top and bottom-line results. During the quarter, we completed our 2026 CAT reinsurance program. All in, we recorded a double-digit year-over-year risk-adjusted rate decrease while maintaining one of the strongest reinsurance towers in Slide's history. We increased our first event reinsurance tower by $1.4 billion versus 2025, while significantly expanding our total capacity by over $2 billion. As we move further into the Atlantic hurricane season, our substantially expanded reinsurance program provides robust protection designed to safeguard our balance sheet and limit the impact of any catastrophe events.
We will continue to manage our exposure with the same disciplined approach that has defined our results to date. I'd once again like to thank our reinsurance partners for their unwavering commitment to Slide through hard and soft market conditions. Your partnership is greatly appreciated. Turning to capital management, we repurchased approximately three million shares of common stock during the second quarter at a weighted average price of $17.95 per share under our share repurchase program.
This continues to reflect our business model's ability to generate strong free cash flow and maintain a stalwart balance sheet, our commitment to returning capital to shareholders in a value-accretive way, alongside funding our growth initiatives. In addition, I am pleased to announce that our board of directors has approved the initiation of a quarterly cash dividend of $0.07 per share. This decision reflects the consistency and durability of our earnings power, the strength of our free cash flow generation, and the robust capital position at Slide. Initiating a regular dividend marks an important milestone for Slide as a public company. It allows us to return capital to shareholders on an ongoing basis while continuing to invest in our growth initiatives and maintain the balance sheet strength that underpins our competitive advantage.
The dividend complements our share repurchase program and underscores our confidence in the long-term trajectory of the business. We expect continued strength in Slide's earnings and balance sheet through the back half of 2026 and expect to continue investing in our growth initiatives and returning excess capital to shareholders to maximize shareholder value. Finally, our results this quarter reflect the dedicated work of our entire team. I want to thank all our employees for their relentless efforts and the important role they play in Slide's performance. I'm proud of what we're accomplishing together, and I truly appreciate all of you. Thank you for your continued support of Slide. With that, I will now turn the call over to Andy Omiridis to provide some color on our second quarter results.
Thank you, Bruce. Good morning, everyone. In the second quarter, net income rose 92.4% to $134.9 million from $70.1 million in the prior year period, resulting in diluted earnings per share of $1.06. Our earnings profile continues to strengthen with growth in both the top and bottom lines. Gross written premiums reached $508 million, up 16.7% from $435.4 million in the second quarter of 2025, driven by continued growth in voluntary new business and renewals of previously acquired Citizens' policies.
Total revenue increased 47.9% to $386.8 million, from $261.6 million in the prior year period, with net premiums earned also growing 47.9% to $360.6 million from $243.9 million, reflecting continued top-line growth. Net losses and loss adjustment expenses totaled $108.7 million in the quarter as compared to $91.4 million in the prior year period, which included $8.8 million of convective storm losses, compared with $5.5 million in the prior year period. Our actual year loss ratio improved to 30.2% from 37.2%, primarily due to an improvement in overall loss experience.
Policy acquisition and other underwriting expenses rose to $42.3 million from $32.1 million in the prior year period, driven by continued strong top-line growth, resulting in an increased policy acquisition cost. General and administrative expenses increased to $55 million from $37.9 million in the prior year period, primarily due to higher staffing levels supporting our growth. These trends produced an overall expense ratio of 27.4%, down from 30% in the prior year period, and a combined ratio of 57.5%, an improvement of 990 basis points year-over-year. The gains reflect the operating leverage we continue to build as we scale the business.
As of June 30, 2026, we had cash and cash equivalents of $1.24 billion and total invested assets of $839.1 million, consisting primarily of fixed maturity securities available for sale. Turning to capital management. As Bruce mentioned, we repurchased approximately three million shares during the quarter at a weighted average price of $17.95 per share under our share repurchase program. There remains $114.1 million of availability under the program. In addition, our board approved Slide's first quarterly cash dividend of $0.07 per share. This furthers the company's balanced approach to capital returns while preserving the financial flexibility to fund diversified growth. We will continue to manage capital in a disciplined manner, prioritizing the actions that create the greatest long-term value for our shareholders.
Once again, I am pleased to reaffirm our full year 2026 guidance. We continue to expect gross written premiums between $1.85 billion-$1.95 billion, and net income between $455 million-$470 million. Top-line growth is expected to come primarily from sustained organic expansion from premiums outside of Florida, supplemented by selective opportunities in Florida that meet our targeted returns. Thank you for your time. Operator, we are now ready to open the line for questions.
Thank you. We will now be conducting a question and answer session. If you would like to ask a question, please press star one on your telephone keypad. A confirmation tone will indicate your line is in the question queue. You may press star two if you would like to remove your question from the queue. For participants using speaker equipment, it may be necessary to pick up your handset before pressing the star keys. One moment please while we pull for questions. The first question is from Tommy McJoynt from KBW. Please go ahead.
Hey, good morning, guys. Thanks for taking our questions. The first one here is around the reinsurance program. Appreciate some of those details that you gave in early June with the new year program. My question though is, do you have a sense for what the cost of this year's program is relative to last year, where you cited the expectation for the cost of that XOL reinsurance program for the 2025, 2026 year to be $431 million? Do you have an updated metric for the cost of this year's program relative to that figure? Thanks.
It's hard to do an apples to apples, Tommy, because we've had so much growth over the last year. What I can tell you is that on a risk-adjusted basis, we saw reinsurance rate declines that were double-digit. To give you an exact number, we'd have to go in and pull it and then risk adjust it year over year.
Okay. Thank you. With all that growth, if we were to fast-forward to the end of the year to look at an in-force premium metric, do you have a sense for what the rough geographic mix would be between Florida, California, and the Northeast as you've opened some of those new markets?
Yeah. The newer markets are still relatively nascent. We recently launched California, so there's probably a couple of million in premium there already. You start with beta tests with a handful of agents. You then scale it over the next couple of quarters as you add more producers to your network. New York is something that we hope to get launched here this quarter. The vast majority of premium through year-end is going to be Florida because of the size of the portfolio. We expect that geographic mix to really change in a material way as we head into 2027.
Thanks. I'll just sneak in one more modeling one. With the pace of Citizens' takeout slowing significantly, where do you see the expense ratio trending from where it was in the first half of this year? Thanks.
Hey, Tommy. How are you? I think we're going to be right around 28. We will be below 30, At the end of the day, we model ourselves between 28 and 30.
Easy enough. Thank you.
Thank you.
The next question is from Paul Newsome from Piper Sandler. Please go ahead.
Good morning. Was wondering if you could give us a few thoughts on the guidance. It looks like first half of the year was a happy situation from weather perspective, which would imply maybe excess earnings relative to what you would expect at the beginning. The guidance didn't change. Are you thinking, just trying to be more conservative? Is there anything under those base assumptions that we should think of that's changed in a significant way?
Yeah, Paul, it's a great question. This is something that we've been going back and forth on internally for months now. We just want to maintain a very conservative forward guidance. I think that's important. If you look at our life cycle over the last several years, whenever we've gotten in front of investors and talked about where we project the future to be, we've always been very conservative. That goes back to even pre-IPO and post-IPO. At this point in time, if you think about top line, for example, we're pretty confident that we're going to be in that range, maybe even exceed it. We are managing our exposures during this quarter for our reinsurance treaty.
We have to be cognizant of that, because if we exceed the projections we gave to our reinsurers, there could be a very substantial true-up payment that would impact net income. I think net income, we're probably trending in the right direction to exceed those estimates for sure. I think top line is most definitely going to be in that range, if not a little bit better. We're just trying to be conservative at this point in time.
A totally different topic. We hear a lot about Florida competition and pricing and the potential that on the margin, competition is pushing underlying profitability down. What's your view currently? What are you seeing in the market, and how could it affect decline?
Another excellent question. We get this question every quarter. I'm not seeing anything different from first quarter, fourth quarter, third quarter. There are a couple of new entrants that squeaked in with the very minimum of capital. They can't really write any business until after hurricane season because they don't have reinsurance. They just don't have a lot of underwriting capacity. Not really seeing any type of impact to top line from increased competition. If you look in the Florida market, the main drivers of competition aren't these little companies that have very small balance sheets. It's the bigger carriers, the publicly traded. Florida Penn is a private, but they're a very big player here in Florida. We're not seeing any kind of change taking place within that core competitive group that we really compete with for top line growth.
In terms of margin contraction, definitely not seeing margin contraction. If rates do ultimately trend lower in Florida because of reinsurance pricing and loss ratios, your profit margins are going to be lockstep with whatever that decrease is. While the premium might go higher, your combined ratio is probably going to remain relatively static. Just not seeing any kind of warning sign right now that there's an issue in the near or medium term
Great. Appreciate the help, guys. Thank you very much.
Thank you, Paul.
As a reminder, to ask a question, please press star one. The next question is from Randy Binner from Texas Capital. Please go ahead.
Hey, thanks. Yeah, I have a few. I guess a follow-up to the question on reinsurance, just sizing it from last year. I think you covered this in the last call, but even though your first loss coverage is $1.4 billion higher this year, that's really matching exposure. It's not more cover per se, right?
We bought to relatively the same return period as we did the prior year. Yes, the reinsurance tower will increase with increased exposure because we need to protect our balance sheet and our policyholders. We are buying to a return period well in excess of the 130-year return period for first event. That is the mainstay in the Florida market. I think our return period was around the 180. We are buying a substantially larger reinsurance tower than our market competitors. With our profitability and our ability to, in our opinion, underwrite at better margins, we would rather reinvest some of those reinsurance savings and increase the vertical stretch and horizontal stretch of our reinsurance program to better insulate the company from shock losses.
Okay, understood. Following up on your comment, Bruce, the potential for a true-up to reinsurers. I heard that to be, if you wrote more business than your plan, would that be the nature of the true-up you discussed, or is it something else?
Yes. That is correct, Randy. We give our projections to the reinsurers. I believe this year we gave it to them February. We are projecting out to September 30th with our in-force exposures, where we think the PIF is going to be located, then running the reinsurance models against that projection. That projection is used by the reinsurers to underwrite our treaty and come up with pricing. There's non-congruent terms between different reinsurers. However, the one thing that is pretty consistent is that if you are over and above those expectations, there will be a true-up payment due to the reinsurers because your exposures were higher than they were anticipating. It's something that we manage to, because it's more expensive to do the true-up than it is to buy it on the front end.
Okay, great. Just a couple quick ones on the model. Was there a CAT and PYD identified in the quarter so we can kind of get to an underlying loss ratio?
Finally, Andy's looking at his numbers now, but I can tell you we had zero dollars of PYD through the first half of this year.
That's correct.
CAT losses, do you have that number?
2.4 points. It was $8.8 million and it was convective storms. Ultimately, I guess the base was $27.8+ another $2.4 for the convective storms that gets to the $30.2.
All right, great. Thanks a lot.
Thank you, Randy.
The next question is from Alex Scott from Barclays. Please go ahead.
Hi. I had one on just the reforms in Florida that have occurred on the legal side of things and just the impact you're seeing in your business. We've heard, I guess, from some industry peers that have talked about maybe loss cost trends easing a bit. I think some of that may be Florida, where you're concentrated. I just wanted to understand, how are you viewing loss trends in Florida, and how is that shifting related to those reforms and what you're learning about it?
We've seen reduced loss costs really going back to early 2023 post-reform. At that point in time, we did a deal with UPC Insurance who went insolvent. We took the majority of their policies. We were able to get those policies issued as brand-new policies with the new special provision language that encapsulated tort reform. We were the first company in Florida to really see the power of the reforms in real time because it was 1/2 of our portfolio when we signed that deal. Since then, we have seen loss cost trends go down. There's no question about that. I think if you look at frequency and severity numbers, they've been pretty consistent over the last couple of years. I haven't seen too much movement there. I will say that plaintiff attorneys are still filing their lawsuits.
There was a report that came out last week that talked about the Florida litigation environment. In 2020, 79% of all homeowner litigation stemmed from Florida, while only 8% of the claims came from Florida. Updated to the newer numbers now, it's closer now to 39%, so it's almost been halved. We know that the tort reforms are working. They've cut down the number of lawsuits in Florida, the plaintiff attorneys are still filing lawsuits every day. It's just they don't have the same legal mechanisms to extort an outsized benefit from our policyholders because they don't have the one-way attorney fee, they no longer have assignment of benefits. I think the market's very stable right now is the conclusion that I'm reaching.
Got it. That's all very helpful. Second question I wanted to ask about is just capital deployment, obviously you're putting a fair amount into share repurchases, which makes sense, just given where your stock is. How much interest is there in M&A, to what degree are you looking to use that as a lever to enter new markets?
That's a great question. We're always looking at M&A. We've been in talks with several different companies over the last six months. We have not pulled the trigger on a deal just yet because price expectation from the target is simply too high. Everybody thinks their business is the best business, us included. I understand, going through this process, that you're going to run into those types of roadblocks. I still believe there are a couple of meaningful acquisition targets that are out there in the market where if we merged and combined forces, it would be an incredibly powerful company for staying power, pricing, profitability, et cetera. If we can find the right target with the right deal metrics, we're in. We have an incredibly strong balance sheet here.
To your point, we are sitting on excess capital, it's not necessarily a bad thing to have. In the interim, what we're trying to do, Alex, is just kind of continue with our buyback activity, now a quarterly dividend that's come in. It's the highest yield in the Florida market. We're trying to find ways in the interim to deploy capital for the benefit of shareholder returns.
Got it. Thank you.
Thank you.
There are no further questions at this time. I would like to turn the floor back over to Bruce Lucas for closing comments.
I want to thank everyone for attending our second quarter earnings call.
This concludes today's teleconference. You may disconnect your lines at this time. Thank you for your participation.
Investor releaseQuarter not tagged2026-07-28Slide Insurance Holdings, Inc. (SLDE) Reports Q2 Earnings: What Key Metrics Have to Say
Zacks
Slide Insurance Holdings, Inc. (SLDE) Reports Q2 Earnings: What Key Metrics Have to Say
Slide Insurance Holdings, Inc. (SLDE) reported $386.82 million in revenue for the quarter ended June 2026, representing a year-over-year increase of 47.9%. EPS of $1.06 for the same period compares to $0.56 a year ago. The reported revenue compares to the Zacks Consensus Estimate of $378.05 million, representing a surprise of +2.32%. The company delivered an EPS surprise of +20.46%, with the consensus EPS estimate being $0.88. While investors scrutinize revenue and earnings changes year-over-year and how they compare with Wall Street expectations to determine their next move, some key metrics always offer a more accurate picture of a company's financial health. Since these metrics play a crucial role in driving the top- and bottom-line numbers, comparing them with the year-ago numbers and what analysts estimated about them helps investors better project a stock's price performance. Here is how Slide Insurance Holdings, Inc. performed in the just reported quarter in terms of the metrics most widely monitored and projected by Wall Street analysts: Expense Ratio: 27.4% compared to the 29.7% average estimate based on two analysts. Combined Ratio: 57.6% compared to the 62.2% average estimate based on two analysts. Loss Ratio: 30.2% versus the two-analyst average estimate of 32.5%. Revenues- Net investment income: $22.15 million versus $21.35 million estimated by two analysts on average. Revenues- Other income: $0.65 million compared to the $0.45 million average estimate based on two analysts. Revenues- Net premiums earned: $360.64 million versus the two-analyst average estimate of $346.54 million. Revenues- Policy fees: $3.38 million versus $2.46 million estimated by two analysts on average. View all Key Company Metrics for Slide Insurance Holdings, Inc. here>>> Shares of Slide Insurance Holdings, Inc. have returned +5.7% over the past month versus the Zacks S&P 500 composite's +1.7% change. The stock currently has a Zacks Rank #3 (Hold), indicating that it could perform in line with the broader market in the near term. Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Slide Insurance Holdings, Inc. (SLDE) : Free Stock Analysis Report This article originally published on Zacks Investment Research (zacks.com). Zacks Investment Research
Investor releaseQuarter not tagged2026-07-28Slide Insurance Holdings, Inc. (SLDE) Surpasses Q2 Earnings and Revenue Estimates
Zacks
Slide Insurance Holdings, Inc. (SLDE) Surpasses Q2 Earnings and Revenue Estimates
Slide Insurance Holdings, Inc. (SLDE) came out with quarterly earnings of $1.06 per share, beating the Zacks Consensus Estimate of $0.88 per share. This compares to earnings of $0.56 per share a year ago. These figures are adjusted for non-recurring items. This quarterly report represents an earnings surprise of +20.46%. A quarter ago, it was expected that this company would post earnings of $0.82 per share when it actually produced earnings of $1.02, delivering a surprise of +24.39%. Over the last four quarters, the company has surpassed consensus EPS estimates four times. Slide Insurance Holdings, Inc., which belongs to the Zacks Insurance - Multi line industry, posted revenues of $386.82 million for the quarter ended June 2026, surpassing the Zacks Consensus Estimate by 2.32%. This compares to year-ago revenues of $261.61 million. The company has topped consensus revenue estimates three times over the last four quarters. The sustainability of the stock's immediate price movement based on the recently-released numbers and future earnings expectations will mostly depend on management's commentary on the earnings call. Slide Insurance Holdings, Inc. shares have added about 7% since the beginning of the year versus the S&P 500's gain of 8.3%. While Slide Insurance Holdings, Inc. has underperformed the market so far this year, the question that comes to investors' minds is: what's next for the stock? There are no easy answers to this key question, but one reliable measure that can help investors address this is the company's earnings outlook. Not only does this include current consensus earnings expectations for the coming quarter(s), but also how these expectations have changed lately. Empirical research shows a strong correlation between near-term stock movements and trends in earnings estimate revisions. Investors can track such revisions by themselves or rely on a tried-and-tested rating tool like the Zacks Rank, which has an impressive track record of harnessing the power of earnings estimate revisions. Ahead of this earnings release, the estimate revisions trend for Slide Insurance Holdings, Inc. was mixed. While the magnitude and direction of estimate revisions could change following the company's just-released earnings report, the current status translates into a Zacks Rank #3 (Hold) for the stock. So, the shares are expected to perform in line with th…Read full documentShow less
Slide Insurance Holdings, Inc. (SLDE) came out with quarterly earnings of $1.06 per share, beating the Zacks Consensus Estimate of $0.88 per share. This compares to earnings of $0.56 per share a year ago. These figures are adjusted for non-recurring items. This quarterly report represents an earnings surprise of +20.46%. A quarter ago, it was expected that this company would post earnings of $0.82 per share when it actually produced earnings of $1.02, delivering a surprise of +24.39%. Over the last four quarters, the company has surpassed consensus EPS estimates four times. Slide Insurance Holdings, Inc., which belongs to the Zacks Insurance - Multi line industry, posted revenues of $386.82 million for the quarter ended June 2026, surpassing the Zacks Consensus Estimate by 2.32%. This compares to year-ago revenues of $261.61 million. The company has topped consensus revenue estimates three times over the last four quarters. The sustainability of the stock's immediate price movement based on the recently-released numbers and future earnings expectations will mostly depend on management's commentary on the earnings call. Slide Insurance Holdings, Inc. shares have added about 7% since the beginning of the year versus the S&P 500's gain of 8.3%. While Slide Insurance Holdings, Inc. has underperformed the market so far this year, the question that comes to investors' minds is: what's next for the stock? There are no easy answers to this key question, but one reliable measure that can help investors address this is the company's earnings outlook. Not only does this include current consensus earnings expectations for the coming quarter(s), but also how these expectations have changed lately. Empirical research shows a strong correlation between near-term stock movements and trends in earnings estimate revisions. Investors can track such revisions by themselves or rely on a tried-and-tested rating tool like the Zacks Rank, which has an impressive track record of harnessing the power of earnings estimate revisions. Ahead of this earnings release, the estimate revisions trend for Slide Insurance Holdings, Inc. was mixed. While the magnitude and direction of estimate revisions could change following the company's just-released earnings report, the current status translates into a Zacks Rank #3 (Hold) for the stock. So, the shares are expected to perform in line with the market in the near future. You can see the complete list of today's Zacks #1 Rank (Strong Buy) stocks here. It will be interesting to see how estimates for the coming quarters and the current fiscal year change in the days ahead. The current consensus EPS estimate is $0.53 on $345.02 million in revenues for the coming quarter and $3.59 on $1.49 billion in revenues for the current fiscal year. Investors should be mindful of the fact that the outlook for the industry can have a material impact on the performance of the stock as well. In terms of the Zacks Industry Rank, Insurance - Multi line is currently in the bottom 27% of the 250 plus Zacks industries. Our research shows that the top 50% of the Zacks-ranked industries outperform the bottom 50% by a factor of more than 2 to 1. Equitable Holdings, Inc. (EQH), another stock in the same industry, has yet to report results for the quarter ended June 2026. The results are expected to be released on August 4. This company is expected to post quarterly earnings of $1.66 per share in its upcoming report, which represents a year-over-year change of +50.9%. The consensus EPS estimate for the quarter has been revised 2.2% higher over the last 30 days to the current level. Equitable Holdings, Inc.'s revenues are expected to be $3.8 billion, down 0% from the year-ago quarter. Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Slide Insurance Holdings, Inc. (SLDE) : Free Stock Analysis Report Equitable Holdings, Inc. (EQH) : Free Stock Analysis Report This article originally published on Zacks Investment Research (zacks.com). Zacks Investment Research
Investor releaseQuarter not tagged2026-07-28Slide Reports Second Quarter 2026 Results
GlobeNewswire
Slide Reports Second Quarter 2026 Results
- Gross Premiums Written Grew 16.7% Year-over-Year to $508.0 Million - - Net Income Increased 92.4% Year-over-Year to $134.9 Million; $1.06 Diluted Earnings Per Share - - Combined Ratio Improved to 57.6% - TAMPA, Fla., July 28, 2026 (GLOBE NEWSWIRE) -- Slide Insurance Holdings, Inc. (Nasdaq: SLDE) today reported results for the second quarter ended June 30, 2026. Gross premiums written grew 16.7% to $508.0 million, compared to $435.4 million in the prior-year period. Total revenue increased 47.9% to $386.8 million, compared to $261.6 million in the prior-year period. Net income increased 92.4% to $134.9 million, compared to $70.1 million in the prior-year period. Diluted earnings per share for the second quarter of 2026 was $1.06. Combined ratio of 57.6% improved 980 basis points, compared to 67.4% in the prior-year period, reflecting lower loss ratio and improved operating leverage. Average return on equity in the quarter was 11.7%. “Our second quarter results reflect the continued strength of our operating model and disciplined execution,” said Bruce Lucas, Chairman and Chief Executive Officer of Slide. “We delivered another quarter of profitable growth while maintaining the underwriting discipline that has been central to our success. The scalability of our platform and our ability to capitalize on attractive opportunities position us well to execute our diversified growth strategy and create long-term value for our shareholders.” Second Quarter 2026 Operating Results Gross premiums written were $508.0 million, a 16.7% increase compared to $435.4 million in the prior-year period, driven by growth of voluntary new business and renewals of previously acquired Citizens policies. Net premiums earned grew 47.9% to $360.6 million, compared to $243.9 million in the prior-year period, while total revenue of $386.8 million increased 47.9% compared to $261.6 million in the prior-year period. The increase and year-over-year growth were directly driven by earnings growth from previous increase in voluntary homeowners and Citizens acquired policies. Losses and loss adjustment expenses (LAE) incurred, net were $108.7 million, compared to $91.4 million in the prior-year period. Loss ratio improved to 30.2%, compared to 37.4% in the prior-year period, primarily due to an improvement in overall loss experience. Policy acquisition and other underwriting expenses were $42.3…Read full documentShow less
- Gross Premiums Written Grew 16.7% Year-over-Year to $508.0 Million - - Net Income Increased 92.4% Year-over-Year to $134.9 Million; $1.06 Diluted Earnings Per Share - - Combined Ratio Improved to 57.6% - TAMPA, Fla., July 28, 2026 (GLOBE NEWSWIRE) -- Slide Insurance Holdings, Inc. (Nasdaq: SLDE) today reported results for the second quarter ended June 30, 2026. Gross premiums written grew 16.7% to $508.0 million, compared to $435.4 million in the prior-year period. Total revenue increased 47.9% to $386.8 million, compared to $261.6 million in the prior-year period. Net income increased 92.4% to $134.9 million, compared to $70.1 million in the prior-year period. Diluted earnings per share for the second quarter of 2026 was $1.06. Combined ratio of 57.6% improved 980 basis points, compared to 67.4% in the prior-year period, reflecting lower loss ratio and improved operating leverage. Average return on equity in the quarter was 11.7%. “Our second quarter results reflect the continued strength of our operating model and disciplined execution,” said Bruce Lucas, Chairman and Chief Executive Officer of Slide. “We delivered another quarter of profitable growth while maintaining the underwriting discipline that has been central to our success. The scalability of our platform and our ability to capitalize on attractive opportunities position us well to execute our diversified growth strategy and create long-term value for our shareholders.” Second Quarter 2026 Operating Results Gross premiums written were $508.0 million, a 16.7% increase compared to $435.4 million in the prior-year period, driven by growth of voluntary new business and renewals of previously acquired Citizens policies. Net premiums earned grew 47.9% to $360.6 million, compared to $243.9 million in the prior-year period, while total revenue of $386.8 million increased 47.9% compared to $261.6 million in the prior-year period. The increase and year-over-year growth were directly driven by earnings growth from previous increase in voluntary homeowners and Citizens acquired policies. Losses and loss adjustment expenses (LAE) incurred, net were $108.7 million, compared to $91.4 million in the prior-year period. Loss ratio improved to 30.2%, compared to 37.4% in the prior-year period, primarily due to an improvement in overall loss experience. Policy acquisition and other underwriting expenses were $42.3 million, compared to $32.1 million in the prior-year period. The increase was driven by increased renewal policies from prior year assumed Citizens' policies, resulting in increased policy acquisition costs in 2026. General and administrative expenses were $55.0 million, compared to $37.9 million in the prior-year period, due primarily to the increased staffing costs and technology to support the Company’s strategic growth initiatives. The combined ratio improved to 57.6%, compared to 67.4% in the prior-year period, due primarily to improved loss experience and scaling impact in net earned premium growth with more moderate operating expense growth. Net income grew 92.4% to $134.9 million, compared to $70.1 million in the prior-year period. Diluted earnings per share for the second quarter of 2026 was $1.06 and return on equity was 11.7% in the quarter. Capital Allocation During the quarter, the company repurchased 2,997,980 shares of its common stock at a weighted average price of $17.95 per share. There remains $114.1 million of availability under the Company’s stock repurchase program. In addition, on July 27, 2026, the Company announced that it has declared an initial quarterly cash dividend of $0.07 per share on the Company’s issued and outstanding shares of common stock. The initial quarterly dividend will be payable on August 28, 2026, to stockholders of record as of August 14, 2026. Full Year 2026 Outlook The Company reiterated its expectations to generate gross written premiums in the range of $1.85 billion to $1.95 billion. Top-line growth is expected to be driven primarily by sustained organic expansion, including double-digit increases outside of Florida, complemented by selective growth opportunities within Florida that meet the Company’s return threshold. The Company also reiterated its expectations to generate full year net income in the range of $455 million to $470 million. Key Ratios In this press release we discuss certain key ratios, described below, which provide useful information about our business and the operational factors underlying our financial performance. Loss ratio, expressed as a percentage, is the ratio of losses and loss adjustment expenses incurred, net to net premiums earned. Policy acquisition expense ratio, expressed as a percentage, is the ratio of policy acquisition expenses and other underwriting expenses to net premiums earned. Expense ratio, expressed as a percentage, is the ratio of policy acquisition and other underwriting expenses, general and administrative expenses, and other operating expense to net premiums earned. Combined ratio is the sum of the loss ratio and the expense ratio. A combined ratio under 100% indicates an underwriting profit. A combined ratio over 100% indicates an underwriting loss. Return on equity, represents net income as a percentage of average beginning and ending shareholders’ equity during the period. Webcast and Conference Call Slide will hold a conference call to discuss financial results tomorrow, July 29, 2026, at 8:30 am Eastern Time. A live webcast of the conference call will be available at ir.slideinsurance.com. The dial-in number for the conference call is (877) 407-9208 (toll-free) or (201) 493-6784 (international). Please dial the number 10 minutes prior to the scheduled start time. A webcast replay of the call will be available at ir.slideinsurance.com for one year following the call. Forward-Looking Statements Statements in this press release and the Company’s earnings call that are not historical facts are forward-looking statements that are subject to certain risks and uncertainties that could cause actual events and results to differ materially from those discussed herein. In some cases, you can identify these statements by forward-looking words such as “may,” “might,” “will,” “should,” “expect,” “plan,” “anticipate,” “believe,” “aim,” “estimates,” “predicts,” “potential” or “continue,” the negative of these terms and other comparable terminology and relate, without limitation, to the Company’s beliefs and expectations regarding the Company’s (i). projections of future financial performance, including its full year 2026 outlook with respect to gross written premiums and net income, (ii) ability to execute its growth strategies, (iii) business trends, (iv) sustainable, long-term growth, including the drivers of such growth, (v) competitive advantages, (vi) ability to achieve top-line growth and margin expansion and create long-term value for its shareholders, (vii) underwriting profitability, and (viii) capitalization and profitability. These statements are only predictions based on Slide’s current expectations and projections about future events and are not guarantees of actual results, level of activity, performance or achievements. Although Slide believes the expectations reflected in the forward-looking statements are based on reasonable assumptions, there are important factors that could cause the Company’s actual results, level of activity, performance or achievements to differ materially from those anticipated in any forward-looking statements, including, among others, our limited operating history; the success of the Company’s underwriting and profitability initiatives; inflation and other changes in economic conditions (including changes in interest rates and financial and real estate markets), including changes that may impact demand for our products and our operations; lack of effectiveness of exclusions and loss limitation methods in the insurance policies we assume or write; inherent uncertainty of our models and our reliance on such models as a tool to evaluate risk; the impact of macroeconomic conditions, including declining consumer confidence, inflation, high unemployment and the threat of recession; the impact of new federal and state regulations that affect the property and casualty insurance market and our failure to meet increased regulatory requirements, including minimum capital and surplus requirements; the cost of reinsurance, the collectability of reinsurance and our ability to obtain reinsurance coverage on terms and at a cost acceptable to us; assessments charged by various governmental agencies; pricing competition and other initiatives by competitors; our ability to obtain regulatory approval for requested rate changes, and the timing thereof; legislative and regulatory developments; the outcome of litigation pending against us, including the terms of any settlements; risks related to the nature of our business; performance of our investment portfolio; the adequacy of our liability for losses and loss adjustment expense; ratings by industry services; catastrophe losses; reliance on key personnel; weather conditions (including the severity and frequency of storms, hurricanes, tornadoes, wildfires and hail); acts of war and terrorist activities; court decisions and trends in litigation; and other matters described from time to time by us in our filings with the Securities and Exchange Commission. Any forward-looking statement made by Slide in this press release and the earnings call speak only as of the date on which such statement is made. Slide undertakes no obligation to update any forward-looking statement, whether as a result of new information, actual results, revised expectations or otherwise, except as may be required by law. About Slide Slide is a technology-enabled insurance company that makes it easy for homeowners to choose the right coverage for their unique needs and budgets. Slide's cutting-edge technology leverages artificial intelligence and big data to optimize and streamline every part of the insurance process. Based in Tampa, Fla., Slide was founded by Bruce and Shannon Lucas, insurance insiders with a deep understanding of how technology can be applied to achieve better underwriting outcomes. For more information, please visit https://www.slideinsurance.com. Contacts [email protected] MediaRachel CarrChief Marketing [email protected]
Investor releaseQuarter not tagged2026-07-27Slide Insurance Holdings, Inc. Initiates Quarterly Dividend
GlobeNewswire
Slide Insurance Holdings, Inc. Initiates Quarterly Dividend
TAMPA, Fla., July 27, 2026 (GLOBE NEWSWIRE) -- Slide Insurance Holdings, Inc. (“Slide” or the “Company”) (Nasdaq: SLDE) announced today that its Board of Directors (“Board”) has approved the initiation of a quarterly dividend of $0.07 per common share. The initial dividend will be payable on August 28, 2026, to shareholders of record as of the close of business on August 14, 2026. “We are pleased to initiate a quarterly dividend, which reflects our continued confidence in our business and the enduring strength of our balance sheet,” said Bruce Lucas, Chairman and Chief Executive Officer of Slide. “The quarterly dividend is an additional way to return significant value to our shareholders, while retaining ample capital to support our long-term growth initiatives and further profitably scale our business.” The declaration and payment of any future dividend will be subject to the discretion of Slide’s Board and will depend on a variety of factors, including the Company’s financial condition and results of operations. Forward-Looking Statements Statements in this press release that are not historical facts are forward-looking statements that are subject to certain risks and uncertainties that could cause actual events and results to differ materially from those discussed herein. In some cases, you can identify these statements by forward-looking words such as “may,” “might,” “will,” “should,” “expect,” “plan,” “anticipate,” “believe,” “aim,” “estimates,” “predicts,” “potential” or “continue,” the negative of these terms and other comparable terminology and relate, without limitation, to the Company’s beliefs and expectations regarding the Company’s payment of quarterly cash dividends in the future, cash flow generation and sustainable long-term growth, and the Company’s ability to provide long-term value to its shareholders. These statements are only predictions based on Slide’s current expectations and projections about future events and are not guarantees of actual results, level of activity, performance or achievements. Although Slide believes the expectations reflected in the forward-looking statements are based on reasonable assumptions, there are important factors that could cause the Company’s actual results, level of activity, performance or achievements to differ materially from those anticipated in any forward-looking statements, including, among other…Read full documentShow less
TAMPA, Fla., July 27, 2026 (GLOBE NEWSWIRE) -- Slide Insurance Holdings, Inc. (“Slide” or the “Company”) (Nasdaq: SLDE) announced today that its Board of Directors (“Board”) has approved the initiation of a quarterly dividend of $0.07 per common share. The initial dividend will be payable on August 28, 2026, to shareholders of record as of the close of business on August 14, 2026. “We are pleased to initiate a quarterly dividend, which reflects our continued confidence in our business and the enduring strength of our balance sheet,” said Bruce Lucas, Chairman and Chief Executive Officer of Slide. “The quarterly dividend is an additional way to return significant value to our shareholders, while retaining ample capital to support our long-term growth initiatives and further profitably scale our business.” The declaration and payment of any future dividend will be subject to the discretion of Slide’s Board and will depend on a variety of factors, including the Company’s financial condition and results of operations. Forward-Looking Statements Statements in this press release that are not historical facts are forward-looking statements that are subject to certain risks and uncertainties that could cause actual events and results to differ materially from those discussed herein. In some cases, you can identify these statements by forward-looking words such as “may,” “might,” “will,” “should,” “expect,” “plan,” “anticipate,” “believe,” “aim,” “estimates,” “predicts,” “potential” or “continue,” the negative of these terms and other comparable terminology and relate, without limitation, to the Company’s beliefs and expectations regarding the Company’s payment of quarterly cash dividends in the future, cash flow generation and sustainable long-term growth, and the Company’s ability to provide long-term value to its shareholders. These statements are only predictions based on Slide’s current expectations and projections about future events and are not guarantees of actual results, level of activity, performance or achievements. Although Slide believes the expectations reflected in the forward-looking statements are based on reasonable assumptions, there are important factors that could cause the Company’s actual results, level of activity, performance or achievements to differ materially from those anticipated in any forward-looking statements, including, among others, our limited operating history; the success of the Company’s underwriting and profitability initiatives; inflation and other changes in economic conditions (including changes in interest rates and financial and real estate markets), including changes that may impact demand for our products and our operations; lack of effectiveness of exclusions and loss limitation methods in the insurance policies we assume or write; inherent uncertainty of our models and our reliance on such models as a tool to evaluate risk; the impact of macroeconomic conditions, including declining consumer confidence, inflation, high unemployment and the threat of recession; the impact of new federal and state regulations that affect the property and casualty insurance market and our failure to meet increased regulatory requirements, including minimum capital and surplus requirements; the cost of reinsurance, the collectability of reinsurance and our ability to obtain reinsurance coverage on terms and at a cost acceptable to us; assessments charged by various governmental agencies; pricing competition and other initiatives by competitors; our ability to obtain regulatory approval for requested rate changes, and the timing thereof; legislative and regulatory developments; the outcome of litigation pending against us, including the terms of any settlements; risks related to the nature of our business; performance of our investment portfolio; the adequacy of our liability for losses and loss adjustment expense; ratings by industry services; catastrophe losses; reliance on key personnel; weather conditions (including the severity and frequency of storms, hurricanes, tornadoes, wildfires and hail); acts of war and terrorist activities; court decisions and trends in litigation; and other matters described from time to time by us in our filings with the Securities and Exchange Commission. Any forward-looking statement made by Slide in this press release speaks only as of the date on which it is made. Slide undertakes no obligation to update any forward-looking statement, whether as a result of new information, actual results, revised expectations or otherwise, except as may be required by law. About Slide Slide is a technology-enabled insurance company that makes it easy for homeowners to choose the right coverage for their unique needs and budgets. Slide’s cutting-edge technology leverages artificial intelligence and big data to optimize and streamline every part of the insurance process. Based in Tampa, Fla., Slide was founded by Bruce and Shannon Lucas, insurance insiders with a deep understanding of how technology can be applied to achieve better underwriting outcomes. For more information, please visit https://www.slideinsurance.com. Contacts [email protected] MediaRachel CarrChief Marketing [email protected]
Investor releaseQuarter not tagged2026-07-24Can Slide Insurance Holdings, Inc. (SLDE) Keep the Earnings Surprise Streak Alive?
Zacks
Can Slide Insurance Holdings, Inc. (SLDE) Keep the Earnings Surprise Streak Alive?
Have you been searching for a stock that might be well-positioned to maintain its earnings-beat streak in its upcoming report? It is worth considering Slide Insurance Holdings, Inc. (SLDE), which belongs to the Zacks Insurance - Multi line industry. This company has an established record of topping earnings estimates, especially when looking at the previous two reports. The company boasts an average surprise for the past two quarters of 32.88%. For the most recent quarter, Slide Insurance Holdings, Inc. was expected to post earnings of $0.82 per share, but it reported $1.02 per share instead, representing a surprise of 24.39%. For the previous quarter, the consensus estimate was $0.87 per share, while it actually produced $1.23 per share, a surprise of 41.38%. With this earnings history in mind, recent estimates have been moving higher for Slide Insurance Holdings, Inc.. In fact, the Zacks Earnings ESP (Expected Surprise Prediction) for the company is positive, which is a great sign of an earnings beat, especially when you combine this metric with its nice Zacks Rank. Our research shows that stocks with the combination of a positive Earnings ESP and a Zacks Rank #3 (Hold) or better produce a positive surprise nearly 70% of the time. In other words, if you have 10 stocks with this combination, the number of stocks that beat the consensus estimate could be as high as seven. The Zacks Earnings ESP compares the Most Accurate Estimate to the Zacks Consensus Estimate for the quarter; the Most Accurate Estimate is a version of the Zacks Consensus whose definition is related to change. The idea here is that analysts revising their estimates right before an earnings release have the latest information, which could potentially be more accurate than what they and others contributing to the consensus had predicted earlier. Slide Insurance Holdings, Inc. currently has an Earnings ESP of +7.43%, which suggests that analysts have recently become bullish on the company's earnings prospects. This positive Earnings ESP when combined with the stock's Zacks Rank #3 (Hold) indicates that another beat is possibly around the corner. We expect the company's next earnings report to be released on July 28, 2026. Investors should note, however, that a negative Earnings ESP reading is not indicative of an earnings miss, but a negative value does reduce the predictive power of this metr…Read full documentShow less
Have you been searching for a stock that might be well-positioned to maintain its earnings-beat streak in its upcoming report? It is worth considering Slide Insurance Holdings, Inc. (SLDE), which belongs to the Zacks Insurance - Multi line industry. This company has an established record of topping earnings estimates, especially when looking at the previous two reports. The company boasts an average surprise for the past two quarters of 32.88%. For the most recent quarter, Slide Insurance Holdings, Inc. was expected to post earnings of $0.82 per share, but it reported $1.02 per share instead, representing a surprise of 24.39%. For the previous quarter, the consensus estimate was $0.87 per share, while it actually produced $1.23 per share, a surprise of 41.38%. With this earnings history in mind, recent estimates have been moving higher for Slide Insurance Holdings, Inc.. In fact, the Zacks Earnings ESP (Expected Surprise Prediction) for the company is positive, which is a great sign of an earnings beat, especially when you combine this metric with its nice Zacks Rank. Our research shows that stocks with the combination of a positive Earnings ESP and a Zacks Rank #3 (Hold) or better produce a positive surprise nearly 70% of the time. In other words, if you have 10 stocks with this combination, the number of stocks that beat the consensus estimate could be as high as seven. The Zacks Earnings ESP compares the Most Accurate Estimate to the Zacks Consensus Estimate for the quarter; the Most Accurate Estimate is a version of the Zacks Consensus whose definition is related to change. The idea here is that analysts revising their estimates right before an earnings release have the latest information, which could potentially be more accurate than what they and others contributing to the consensus had predicted earlier. Slide Insurance Holdings, Inc. currently has an Earnings ESP of +7.43%, which suggests that analysts have recently become bullish on the company's earnings prospects. This positive Earnings ESP when combined with the stock's Zacks Rank #3 (Hold) indicates that another beat is possibly around the corner. We expect the company's next earnings report to be released on July 28, 2026. Investors should note, however, that a negative Earnings ESP reading is not indicative of an earnings miss, but a negative value does reduce the predictive power of this metric. Many companies end up beating the consensus EPS estimate, though this is not the only reason why their shares gain. Additionally, some stocks may remain stable even if they end up missing the consensus estimate. Because of this, it's really important to check a company's Earnings ESP ahead of its quarterly release to increase the odds of success. Make sure to utilize our Earnings ESP Filter to uncover the best stocks to buy or sell before they've reported. Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Slide Insurance Holdings, Inc. (SLDE) : Free Stock Analysis Report This article originally published on Zacks Investment Research (zacks.com). Zacks Investment Research
Investor releaseQuarter not tagged2026-07-21Slide Insurance Holdings, Inc. (SLDE) Earnings Expected to Grow: Should You Buy?
Zacks
Slide Insurance Holdings, Inc. (SLDE) Earnings Expected to Grow: Should You Buy?
The market expects Slide Insurance Holdings, Inc. (SLDE) to deliver a year-over-year increase in earnings on higher revenues when it reports results for the quarter ended June 2026. This widely-known consensus outlook is important in assessing the company's earnings picture, but a powerful factor that might influence its near-term stock price is how the actual results compare to these estimates. The stock might move higher if these key numbers top expectations in the upcoming earnings report, which is expected to be released on July 28. On the other hand, if they miss, the stock may move lower. While management's discussion of business conditions on the earnings call will mostly determine the sustainability of the immediate price change and future earnings expectations, it's worth having a handicapping insight into the odds of a positive EPS surprise. This company is expected to post quarterly earnings of $0.88 per share in its upcoming report, which represents a year-over-year change of +57.1%. Revenues are expected to be $370.8 million, up 41.7% from the year-ago quarter. The consensus EPS estimate for the quarter has been revised 6.25% lower over the last 30 days to the current level. This is essentially a reflection of how the covering analysts have collectively reassessed their initial estimates over this period. Investors should keep in mind that the direction of estimate revisions by each of the covering analysts may not always get reflected in the aggregate change. Price, Consensus and EPS Surprise Estimate revisions ahead of a company's earnings release offer clues to the business conditions for the period whose results are coming out. This insight is at the core of our proprietary surprise prediction model -- the Zacks Earnings ESP (Expected Surprise Prediction). The Zacks Earnings ESP compares the Most Accurate Estimate to the Zacks Consensus Estimate for the quarter; the Most Accurate Estimate is a more recent version of the Zacks Consensus EPS estimate. The idea here is that analysts revising their estimates right before an earnings release have the latest information, which could potentially be more accurate than what they and others contributing to the consensus had predicted earlier. Thus, a positive or negative Earnings ESP reading theoretically indicates the likely deviation of the actual earnings from the consensus estimate. However, the m…Read full documentShow less
The market expects Slide Insurance Holdings, Inc. (SLDE) to deliver a year-over-year increase in earnings on higher revenues when it reports results for the quarter ended June 2026. This widely-known consensus outlook is important in assessing the company's earnings picture, but a powerful factor that might influence its near-term stock price is how the actual results compare to these estimates. The stock might move higher if these key numbers top expectations in the upcoming earnings report, which is expected to be released on July 28. On the other hand, if they miss, the stock may move lower. While management's discussion of business conditions on the earnings call will mostly determine the sustainability of the immediate price change and future earnings expectations, it's worth having a handicapping insight into the odds of a positive EPS surprise. This company is expected to post quarterly earnings of $0.88 per share in its upcoming report, which represents a year-over-year change of +57.1%. Revenues are expected to be $370.8 million, up 41.7% from the year-ago quarter. The consensus EPS estimate for the quarter has been revised 6.25% lower over the last 30 days to the current level. This is essentially a reflection of how the covering analysts have collectively reassessed their initial estimates over this period. Investors should keep in mind that the direction of estimate revisions by each of the covering analysts may not always get reflected in the aggregate change. Price, Consensus and EPS Surprise Estimate revisions ahead of a company's earnings release offer clues to the business conditions for the period whose results are coming out. This insight is at the core of our proprietary surprise prediction model -- the Zacks Earnings ESP (Expected Surprise Prediction). The Zacks Earnings ESP compares the Most Accurate Estimate to the Zacks Consensus Estimate for the quarter; the Most Accurate Estimate is a more recent version of the Zacks Consensus EPS estimate. The idea here is that analysts revising their estimates right before an earnings release have the latest information, which could potentially be more accurate than what they and others contributing to the consensus had predicted earlier. Thus, a positive or negative Earnings ESP reading theoretically indicates the likely deviation of the actual earnings from the consensus estimate. However, the model's predictive power is significant for positive ESP readings only. A positive Earnings ESP is a strong predictor of an earnings beat, particularly when combined with a Zacks Rank #1 (Strong Buy), 2 (Buy) or 3 (Hold). Our research shows that stocks with this combination produce a positive surprise nearly 70% of the time, and a solid Zacks Rank actually increases the predictive power of Earnings ESP. Please note that a negative Earnings ESP reading is not indicative of an earnings miss. Our research shows that it is difficult to predict an earnings beat with any degree of confidence for stocks with negative Earnings ESP readings and/or Zacks Rank of 4 (Sell) or 5 (Strong Sell). For Slide Insurance Holdings, Inc., the Most Accurate Estimate is higher than the Zacks Consensus Estimate, suggesting that analysts have recently become bullish on the company's earnings prospects. This has resulted in an Earnings ESP of +7.43%. On the other hand, the stock currently carries a Zacks Rank of #3. So, this combination indicates that Slide Insurance Holdings, Inc. will most likely beat the consensus EPS estimate. While calculating estimates for a company's future earnings, analysts often consider to what extent it has been able to match past consensus estimates. So, it's worth taking a look at the surprise history for gauging its influence on the upcoming number. For the last reported quarter, it was expected that Slide Insurance Holdings, Inc. would post earnings of $0.82 per share when it actually produced earnings of $1.02, delivering a surprise of +24.39%. Over the last four quarters, the company has beaten consensus EPS estimates four times. An earnings beat or miss may not be the sole basis for a stock moving higher or lower. Many stocks end up losing ground despite an earnings beat due to other factors that disappoint investors. Similarly, unforeseen catalysts help a number of stocks gain despite an earnings miss. That said, betting on stocks that are expected to beat earnings expectations does increase the odds of success. This is why it's worth checking a company's Earnings ESP and Zacks Rank ahead of its quarterly release. Make sure to utilize our Earnings ESP Filter to uncover the best stocks to buy or sell before they've reported. Slide Insurance Holdings, Inc. appears a compelling earnings-beat candidate. However, investors should pay attention to other factors too for betting on this stock or staying away from it ahead of its earnings release. Among the stocks in the Zacks Insurance - Multi line industry, Principal Financial (PFG), is soon expected to post earnings of $2.32 per share for the quarter ended June 2026. This estimate indicates a year-over-year change of +7.4%. This quarter's revenue is expected to be $4.11 billion, up 11.4% from the year-ago quarter. Over the last 30 days, the consensus EPS estimate for Principal Financial has been revised 0.9% up to the current level. Nevertheless, the company now has an Earnings ESP of +0.29%, reflecting a higher Most Accurate Estimate. This Earnings ESP, combined with its Zacks Rank #3 (Hold), suggests that Principal Financial will most likely beat the consensus EPS estimate. Over the last four quarters, the company surpassed consensus EPS estimates two times. Stay on top of upcoming earnings announcements with the Zacks Earnings Calendar. Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Slide Insurance Holdings, Inc. (SLDE) : Free Stock Analysis Report Principal Financial Group, Inc. (PFG) : Free Stock Analysis Report This article originally published on Zacks Investment Research (zacks.com). Zacks Investment Research
Investor releaseQuarter not tagged2026-07-13Slide to Report 2026 Second Quarter Earnings Results on July 28, 2026
GlobeNewswire
Slide to Report 2026 Second Quarter Earnings Results on July 28, 2026
TAMPA, Fla., July 13, 2026 (GLOBE NEWSWIRE) -- Slide Insurance Holdings, Inc. (“Slide”) (Nasdaq: SLDE) announced today it will release its 2026 second quarter financial results on Tuesday, July 28, 2026, after the market closes. The Company will host a conference call and live webcast on Wednesday, July 29, 2026, at 8:30 AM Eastern time. Webcast and Conference Call Details When: July 29, 2026, at 8:30 AM Eastern Time. Dial-in: (877) 407-9208 (toll-free) or (201) 493-6784 (international). Please dial in 10 minutes prior to the scheduled start time. Webcast: A live webcast of the conference call will be available at ir.slideinsurance.com. Following the call, a replay will be available on the Investor Relations section of Slide’s website. About Slide Slide is a technology-enabled insurance company that makes it easy for homeowners to choose the right coverage for their unique needs and budgets. Slide's cutting-edge technology leverages artificial intelligence and big data to optimize and streamline every part of the insurance process. Based in Tampa, Fla., Slide was founded by Bruce and Shannon Lucas, insurance insiders with a deep understanding of how technology can be applied to achieve better underwriting outcomes. For more information, please visit https://www.slideinsurance.com. Contacts [email protected]

