Morgan Stanley upgraded Slide Insurance Holdings Inc (SLDE) to Overweight from Equal-Weight on September 24, 2025. The stock is currently priced at $15.82.
This upgrade reflects a more optimistic view on Slide Insurance's prospects, which may stem from improved fundamentals or better-than-expected business performance. The company, headquartered in Tampa, Florida, provides residential homeowners insurance and focuses on underwriting single-family and condominium policies in coastal states.
Slide Insurance Holdings has a market capitalization of $1.9 billion and a trailing twelve months (TTM) price-to-earnings (P/E) ratio of 5.55. The company reported earnings per share (EPS) of $0.79 in Q3 2025, surpassing estimates by 44.6%. Upcoming earnings are scheduled for November 5, 2025, with an EPS estimate of $0.55 and revenue expected at $282.1 million.
The analyst consensus as of November 1, 2025, shows 2 Strong Buy, 8 Buy, and 1 Hold ratings, indicating a general positive sentiment towards the stock. Recent upgrades from other firms, including Keefe, Bruyette & Woods and Barclays, further support this trend.