Shares of Slide Insurance Holdings, Inc. (SLDE) have been strong performers lately, with the stock up 12.2% over the past month. The stock hit a new 52-week high of $23.16 in the previous session. Slide Insurance Holdings, Inc. has gained 16.7% since the start of the year compared to the 7.2% move for the Zacks Finance sector and the 3.7% return for the Zacks Insurance - Multi line industry.

What's Driving the Outperformance?

The stock has a great record of positive earnings surprises, as it hasn't missed our earnings consensus estimate in any of the last four quarters. In its last earnings report on July 28, 2026, Slide Insurance Holdings, Inc. reported EPS of $1.06 versus consensus estimate of $0.88.

For the current fiscal year, Slide Insurance Holdings, Inc. is expected to post earnings of $3.79 per share on $1.5 in revenues. This represents a 12.8% change in EPS on a 29.47% change in revenues. For the next fiscal year, the company is expected to earn $3.81 per share on $1.59 in revenues. This represents a year-over-year change of 0.66% and 6.13%, respectively.

Valuation Metrics

While Slide Insurance Holdings, Inc. has moved to its 52-week high in the recent past, investors need to be asking, what is next for the company? A key aspect of this question is taking a look at valuation metrics in order to determine if the company is due for a pullback from this level.

On this front, we can look at the Zacks Style Scores, as they provide investors with an additional way to sort through stocks (beyond looking at the Zacks Rank of a security). These styles are represented by grades running from A to F in the categories of Value, Growth, and Momentum, while there is a combined VGM Score as well. The idea behind the style scores is to help investors pick the most appropriate Zacks Rank stocks based on their individual investment style.

Slide Insurance Holdings, Inc. has a Value Score of A. The stock's Growth and Momentum Scores are A and F, respectively, giving the company a VGM Score of A.

In terms of its value breakdown, the stock currently trades at 6X current fiscal year EPS estimates, which is not in-line with the peer industry average of 10.4X. On a trailing cash flow basis, the stock currently trades at 6.2X versus its peer group's average of 10.1X. This is good enough to put the company in the top echelon of all stocks we cover from a value perspective, making Slide Insurance Holdings, Inc. an interesting choice for value investors.

Zacks Rank

We also need to look at the Zacks Rank for the stock, as this is even more important than the company's VGM Score. Fortunately, Slide Insurance Holdings, Inc. currently has a Zacks Rank of #2 (Buy) thanks to a solid earnings estimate revision trend.

Since we recommend that investors select stocks carrying Zacks Rank of 1 (Strong Buy) or 2 (Buy) and Style Scores of A or B, it looks as if Slide Insurance Holdings, Inc. meets the list of requirements. Thus, it seems as though Slide Insurance Holdings, Inc. shares could still be poised for more gains ahead.

How Does SLDE Stack Up to the Competition?

Shares of SLDE have been soaring, and the company still appears to be a decent choice, but what about the rest of the industry? One industry peer that looks good is CNO Financial Group, Inc. (CNO). CNO has a Zacks Rank of #2 (Buy) and a Value Score of A, a Growth Score of D, and a Momentum Score of A.

Earnings were strong last quarter. CNO Financial Group, Inc. beat our consensus estimate by 27.27%, and for the current fiscal year, CNO is expected to post earnings of $4.74 per share on revenue of $4.02 billion.

Shares of CNO Financial Group, Inc. have gained 0.5% over the past month, and currently trade at a forward P/E of 11.3X and a P/CF of 7.85X.

The Insurance - Multi line industry is in the top 38% of all the industries we have in our universe, so it looks like there are some nice tailwinds for SLDE and CNO, even beyond their own solid fundamental situation.

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This article originally published on Zacks Investment Research (zacks.com).

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