NASDAQ:HRTG

Slide Insurance (SLDE) ticks higher in Florida insurer IPO push
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Slide Insurance (SLDE) ticks higher in Florida insurer IPO push

Slide Insurance Holdings shares rose 0.4% to $18.71 Tuesday, lifting its market cap to nearly $2.56 billion. Safepoint set a target valuation of up to $1.16 billion in a planned U.S. IPO, putting focus on Florida property insurers. Slide last reported first-quarter net income up 50.8% at $139.5 million and announced a $100 million buyback.
May 26, 2026

Stock Market Today

  • Bell Potter Sees 36% Upside in Select Harvests Shares on ASX 300
    May 28, 2026, 6:52 PM EDT. Select Harvests Ltd (ASX: SHV) shares rose 8% to $3.90 after Bell Potter maintained a buy rating with a $5.30 target price, implying 36% upside over 12 months. Despite first-half FY2026 earnings below forecasts due to timing of third-party processing and value-added products (VAP) revenue, underlying net profit after tax (NPAT) rose 8% year-on-year to A$29.1 million. Bell Potter highlighted a crop forecast of 28,000-31,000 tonnes for FY26, share buyback of up to 10%, resumption of dividends, and plans to expand processing capacity to 65,000 tonnes, targeting A$700 million revenue by FY2030. The broker noted tightening almond supply in California supports a favorable pricing environment through FY26-28, underpinned by cost controls and growth initiatives.