NASDAQ:UVE

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

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

  • ASX Shares Southern Cross Gold, Healius, Centuria Office REIT Rated Buy, Sell, Hold
    May 28, 2026, 6:42 PM EDT. Shares on the S&P/ASX 200 Index fell 1.43% amid stalled US-Iran talks. Southern Cross Gold (ASX:SX2), down 4.4%, holds a buy rating from Shaw and Partners with a 12-month target of $14.40, reflecting potential for 40% upside. The gold explorer's promising project expansion and high-grade ore are key catalysts. Centuria Office REIT (ASX:COF) shares remain steady at 91 cents but are held by Bell Potter with a target cut to 95 cents, citing earnings pressure from rising rates and market challenges, with growth expected only by FY29. Healius Ltd (ASX:HLS) shares steady at 35 cents, down 62% year-on-year, maintain a sell rating from Jarden after an FY26 earnings downgrade, despite a 47-cent target suggesting possible capital gains. Investors should weigh sector risks and outlook before acting.