Slide Insurance Q4 gross premiums surge 56.7%

Slide Insurance Holdings

24/02/2026 21:51

Corrects revenue to $347 mln, from $618.50 mln, in Key Details table

Overview

Insurance firm's Q4 gross premiums written grew 56.7% yr/yr

Net income for Q4 more than doubled yr/yr

Combined ratio improved to 38.0% due to lower catastrophe losses

Outlook

Slide expects full-year gross written premiums between $1.85 bln and $1.95 bln

Company anticipates full-year net income between $455 mln and $470 mln

Slide plans to expand outside Florida with double-digit policy growth

Result Drivers

POLICY ACQUISITION - Growth in gross premiums driven by acquisition of additional policies from Citizens and consistent renewal rates

LOWER CATASTROPHE LOSSES - Combined ratio improved due to decreased hurricane and non-hurricane weather losses

TECHNOLOGY AND STAFFING INVESTMENTS - Increased expenses due to investments in technology and additional staffing for growth

Company press release: ID:nGNX8TLzYP

Key Details

Metric
Beat/Miss
Actual
Consensus Estimate
Q4 Revenue
$347 mln
Q4 Net Income
$170.40 mln


Analyst Coverage

The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 5 "strong buy" or "buy", no "hold" and no "sell" or "strong sell"

The average consensus recommendation for the property & casualty insurance peer group is "buy"

Wall Street's median 12-month price target for Slide Insurance Holdings Inc is $22.00, about 32% above its February 23 closing price of $16.67

For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact reuters.support@thomsonreuters.com.

(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)