Should I buy or sell SelectQuote stock right now?

3 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for SelectQuote in the last year. There are currently 3 hold ratings for the stock. The consensus among Wall Street research analysts is that investors should "hold" SLQT shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in SLQT, but not buy additional shares or sell existing shares. View SLQT analyst ratings or view top-rated stocks .

What is SelectQuote's stock price target for 2024?

3 Wall Street analysts have issued 12 month price targets for SelectQuote's shares. Their SLQT share price targets range from $1.50 to $3.00. On average, they expect the company's share price to reach $2.50 in the next twelve months. This suggests a possible upside of 88.0% from the stock's current price. View analysts price targets for SLQT or view top-rated stocks among Wall Street analysts .

How have SLQT shares performed in 2023?

SelectQuote's stock was trading at $0.6719 at the start of the year. Since then, SLQT stock has increased by 97.9% and is now trading at $1.33. View the best growth stocks for 2023 here .

Are investors shorting SelectQuote?

SelectQuote saw a decrease in short interest in the month of October. As of October 31st, there was short interest totaling 1,520,000 shares, a decrease of 16.0% from the October 15th total of 1,810,000 shares. Based on an average daily trading volume, of 769,100 shares, the days-to-cover ratio is presently 2.0 days. Approximately 1.1% of the shares of the stock are short sold. View SelectQuote's Short Interest .

When is SelectQuote's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Tuesday, February 6th 2024. View our SLQT earnings forecast .

How were SelectQuote's earnings last quarter?

SelectQuote, Inc. (NYSE:SLQT) released its quarterly earnings data on Thursday, November, 2nd. The company reported ($0.19) EPS for the quarter. The business had revenue of $232.73 million for the quarter. SelectQuote had a negative net margin of 4.39% and a negative trailing twelve-month return on equity of 10.21%.

What guidance has SelectQuote issued on next quarter's earnings?

SelectQuote issued an update on its FY 2024 earnings guidance on Wednesday, September, 13th. The company provided EPS guidance of for the period. The company issued revenue guidance of $1.05 billion-$1.20 billion, compared to the consensus revenue estimate of $1.10 billion.

What is Tim Danker's approval rating as SelectQuote's CEO?

171 employees have rated SelectQuote Chief Executive Officer Tim Danker on Glassdoor.com . Tim Danker has an approval rating of 72% among the company's employees.

What other stocks do shareholders of SelectQuote own?

Based on aggregate information from My MarketBeat watchlists, some companies that other SelectQuote investors own include Coty (COTY) , Designer Brands (DBI) , Invesco Mortgage Capital (IVR) , Boxlight (BOXL) , Cloudera (CLDR) , Carnival Co. & (CCL) , Energy Transfer (ET) , WW International (WW) , GTT Communications (GTT) and H&R Block (HRB) .

When did SelectQuote IPO?

(SLQT) raised $450 million in an initial public offering (IPO) on Thursday, May 21st 2020. The company issued 25,000,000 shares at $17.00-$19.00 per share. Credit Suisse, Morgan Stanley, Evercore ISI, RBC Capital Markets, Barclays, Citigroup and Jefferies served as the underwriters for the IPO and Cantor, Keefe Bruyette & Woods (A Stifel Company), Piper Sandler and Drexel Hamilton were co-managers.

Who are SelectQuote's major shareholders?

SelectQuote's stock is owned by a number of institutional and retail investors. Top institutional investors include Mariner LLC (1.89%), GSA Capital Partners LLP (0.71%), Northern Trust Corp (0.67%), Fuller & Thaler Asset Management Inc. (0.66%), Charles Schwab Investment Management Inc. (0.64%) and Jacobs Levy Equity Management Inc. (0.55%). Insiders that own company stock include Denise L Devine , Donald L Hawks III , Earl H Devanny III , Joshua Brandon Matthews, Matthew Scott Gunter, Raffaele Sadun , Raymond F Weldon, Robert Clay Grant , Ryan Souan, Sq Co-Investors Llc, Timothy Robert Danker , W Thomas Grant II and William Thomas Grant III . View institutional ownership trends .

How do I buy shares of SelectQuote?

Shares of SLQT stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull , Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab. Compare Top Brokerages Here .

SelectQuote Stock Price, News & Analysis (NYSE:SLQT)

$1.33

+0.07 (+5.56%)

(As of 12/1/2023 ET)

Compare

Today's Range: $1.23
▼
$1.34
50-Day Range: $1.17
▼
$1.45
52-Week Range: $0.52
▼
$2.94

Volume: 528,152 shs
Average Volume: 484,994 shs
Market Capitalization: $223.08 million

P/E Ratio: N/A
Dividend Yield: N/A
Price Target: $2.50

SelectQuote MarketRank™ Stock Analysis

Analyst Rating: Hold
2.00 Rating Score
Upside/Downside: 88.0% Upside
$2.50 Price Target
Short Interest: Healthy
1.06% of Float Sold Short
Dividend Strength: N/A
Sustainability: N/A
News Sentiment: N/A
Insider Trading: Acquiring Shares
$760,605 Bought Last Quarter
Proj. Earnings Growth: N/A

Overall MarketRank^™

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

2.13 out of 5 stars

Finance Sector

476th out of 827 stocks

Insurance Agents, Brokers, & Service Industry

12th out of 15 stocks

3.0

Analyst's Opinion

Consensus Rating
SelectQuote has received a consensus rating of Hold. The company's average rating score is 2.00, and is based on no buy ratings, 3 hold ratings, and no sell ratings.
Price Target Upside/Downside
According to analysts' consensus price target of $2.50, SelectQuote has a forecasted upside of 88.0% from its current price of $1.33.
Amount of Analyst Coverage
SelectQuote has only been the subject of 1 research reports in the past 90 days.

5.0

Short Interest

Percentage of Shares Shorted
1.06% of the float of SelectQuote has been sold short.
Short Interest Ratio / Days to Cover
SelectQuote has a short interest ratio ("days to cover") of 1.9, which is generally considered an acceptable ratio of short interest to trading volume.
Change versus previous month
Short interest in SelectQuote has recently decreased by 7.24%, indicating that investor sentiment is improving significantly.

0.0

Dividend Strength

Dividend Yield
SelectQuote does not currently pay a dividend.
Dividend Growth
SelectQuote does not have a long track record of dividend growth.

N/A

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score
There is no current Upright™ data available for SLQT.

0.6

News and Social Media Coverage

Search Interest
2 people have searched for SLQT on MarketBeat in the last 30 days. This is an increase of 100% compared to the previous 30 days.
MarketBeat Follows
Only 2 people have added SelectQuote to their MarketBeat watchlist in the last 30 days. This is a decrease of -85% compared to the previous 30 days.

3.3

Company Ownership

Insider Buying vs. Insider Selling
In the past three months, SelectQuote insiders have bought more of their company's stock than they have sold. Specifically, they have bought $760,605.00 in company stock and sold $0.00 in company stock.
Percentage Held by Insiders
10.40% of the stock of SelectQuote is held by insiders. A high percentage of insider ownership can be a sign of company health.
Percentage Held by Institutions
49.41% of the stock of SelectQuote is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

0.6

Earnings and Valuation

Price to Earnings Ratio vs. the Market
The P/E ratio of SelectQuote is -4.75, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.
Price to Earnings Ratio vs. Sector
The P/E ratio of SelectQuote is -4.75, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.
Price to Book Value per Share Ratio
SelectQuote has a P/B Ratio of 0.70. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities.

See Top Rated MarketRank™ Stocks Here

About SelectQuote Stock (NYSE:SLQT)

SelectQuote, Inc. operates a technology-enabled, direct-to-consumer distribution platform that sells a range of insurance products and healthcare services in the United States. The company operates through three segments: Senior; Life; and Auto & Home. It distributes senior health policies, such as medicare advantage, medicare supplement, medicare part D, and other ancillary senior health insurance related products, including prescription drugs, dental, vision, and hearing plans; life insurance products, such as term life, final expense, and other ancillary products, including critical illness, accidental death, and juvenile insurance; homeowners, auto, dwelling fire, and other ancillary insurance products; and non-commercial auto and home property, and casualty policies. The company also provides SelectRx, an accredited patient-centered pharmacy home pharmacy, which offers essential prescription medications, OTC medications, customized medication packaging, medication therapy management, and long-term pharmacy care; and population health that helps members understand the benefits available under their health plans, and contracts with insurance carriers. SelectQuote, Inc. was incorporated in 1999 and is headquartered in Overland Park, Kansas.

SLQT Stock Price History

30 days | 90 days | 365 days | Advanced Chart

SLQT Stock News Headlines

November 8, 2023 | finance.yahoo.com

It's Probably Less Likely That SelectQuote, Inc.'s (NYSE:SLQT) CEO Will See A Huge Pay Rise This Year

November 3, 2023 | finance.yahoo.com

SelectQuote (SLQT) Q1 2024 Earnings Call Transcript

December 3, 2023 | DTI Trader (Ad)

New CBOE “special perk” helps traders target income every weekend

You might not immediately realize what you’re reading. Let me help you out a little… What you're looking at is a “special perk” set up by the Chicago Board of Options Exchange.

November 3, 2023 | finance.yahoo.com

SelectQuote, Inc. (NYSE:SLQT) Q1 2024 Earnings Call Transcript

November 2, 2023 | finance.yahoo.com

SelectQuote Inc (SLQT) Reports Q1 2024 Earnings: Revenue Up by 43%, Net Loss Narrows

November 2, 2023 | finance.yahoo.com

SelectQuote, Inc. Reports First Quarter 2024 Results

November 1, 2023 | morningstar.com

SelectQuote Inc Ordinary Shares SLQT

October 25, 2023 | finance.yahoo.com

SelectQuote Announces Date of Fiscal First Quarter 2024 Earnings; Will Present at Sidoti’s Virtual Microcap Conference on November 15, 2023

December 3, 2023 | DTI Trader (Ad)

New CBOE “special perk” helps traders target income every weekend

You might not immediately realize what you’re reading. Let me help you out a little… What you're looking at is a “special perk” set up by the Chicago Board of Options Exchange.

October 5, 2023 | msn.com

SelectQuote (SLQT) Price Target Increased by 16.13% to 3.06

September 20, 2023 | benzinga.com

SelectQuote President Trades Company's Stock

September 20, 2023 | finance.yahoo.com

Insider Spends US$257k Buying More Shares In SelectQuote

September 19, 2023 | benzinga.com

SelectQuote Recent Insider Activity

September 19, 2023 | benzinga.com

SelectQuote Insider Trades Send a Signal

September 19, 2023 | finance.yahoo.com

Insider Buying: Joshua Matthews Acquires 97,500 Shares of SelectQuote Inc

September 17, 2023 | finance.yahoo.com

SelectQuote, Inc. (NYSE:SLQT) Q4 2023 Earnings Call Transcript

September 14, 2023 | finance.yahoo.com

SelectQuote, Inc. (NYSE:SLQT) has caught the attention of institutional investors who hold a sizeable 40% stake

September 14, 2023 | markets.businessinsider.com

Analysts Conflicted on These Financial Names: SelectQuote (SLQT) and Arthur J Gallagher & Co (AJG)

September 13, 2023 | msn.com

SelectQuote Stock Slides After Mixed Q4 Results

September 13, 2023 | finance.yahoo.com

SelectQuote (SLQT) Q4 2023 Earnings Call Transcript

September 13, 2023 | msn.com

SelectQuote GAAP EPS of -$0.29 misses by $0.01, revenue of $221.8M beats by $36.67M

September 13, 2023 | finance.yahoo.com

SelectQuote, Inc. Reports Fourth Quarter of Fiscal Year 2023 Results

August 23, 2023 | finance.yahoo.com

SelectQuote to Release Fiscal Fourth Quarter and Full Year 2023 Earnings on September 13

August 5, 2023 | fool.com

SelectQuote (NYSE: SLQT)

July 14, 2023 | finance.yahoo.com

SelectQuote, Inc.'s (NYSE:SLQT) Shares Not Telling The Full Story

July 13, 2023 | finance.yahoo.com

SelectRx Receives Patient-Centered Pharmacy Home™ Accreditation from The Compliance Team (TCT)

May 26, 2023 | finance.yahoo.com

NWLI - National Western Life Group, Inc.

See More Headlines

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Company Calendar

Last Earnings: 11/02/2023
Today: 12/03/2023
Next Earnings (Estimated): 2/06/2024
Fiscal Year End: 6/30/2024

Get Stock Alerts

Industry, Sector and Symbol

Stock Exchange: NYSE
Industry: Insurance agents, brokers, & service
Sub-Industry: N/A
Sector: Finance
Current Symbol: NYSE:SLQT
CUSIP: N/A
CIK: 1794783
Web: www.selectquote.com
Phone: 913-599-9225
Fax: N/A
Employees: 4,186
Year Founded: N/A

Price Target and Rating

Average Stock Price Target: $2.50
High Stock Price Target: $3.00
Low Stock Price Target: $1.50
Potential Upside/Downside: +88.0%
Consensus Rating: Hold
Rating Score (0-4): 2.00
Research Coverage: 3 Analysts

Profitability

EPS (Most Recent Fiscal Year): ($0.28)
Trailing P/E Ratio: N/A
Forward P/E Ratio: N/A
P/E Growth: N/A
Net Income: $-58,540,000.00
Net Margins: -4.39%
Pretax Margin: -5.30%
Return on Equity: -10.21%
Return on Assets: -2.95%

Debt

Debt-to-Equity Ratio: 2.09
Current Ratio: 8.47
Quick Ratio: 8.47

Sales & Book Value

Annual Sales: $1.00 billion
Price / Sales: 0.22
Cash Flow: N/A
Price / Cash Flow: N/A
Book Value: $1.89 per share
Price / Book: 0.70

Miscellaneous

Outstanding Shares: 167,730,000
Free Float: 150,289,000
Market Cap: $223.08 million
Optionable: Not Optionable
Beta: 0.41

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Key Executives

Mr. Timothy Robert Danker (Age 50)
CEO & Director
Comp: $1.08M
Mr. Robert Clay Grant (Age 39)
President
Comp: $924.32k
Mr. William Thomas Grant III (Age 48)
Chief Operating Officer
Comp: $851.82k
Mr. Ryan M. Clement (Age 41)
Chief Financial Officer
Comp: $150.73k
Ms. Stephanie D. Fisher (Age 46)
Chief Accounting Officer
Mr. Floyd O'lander May III (Age 47)
Chief Information Officer
Mr. Daniel A. Boulware Esq. (Age 47)
General Counsel & Secretary
Comp: $444.83k
Mr. Matthew Scott Gunter (Age 50)
Chief Experience Officer
Mr. Ryan Souan (Age 49)
Executive Vice President of Life and Auto & Home Divisions
Dr. Alan Marc Muney M.H.A. (Age 69)
Ph.D., Chief Medical Officer & Member of Healthcare Advisory Board

Key Competitors

View All Competitors

Insiders & Institutions

View All Insider Transactions
View All Institutional Transactions

SLQT Stock Analysis - Frequently Asked Questions

Should I buy or sell SelectQuote stock right now?: 3 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for SelectQuote in the last year. There are currently 3 hold ratings for the stock. The consensus among Wall Street research analysts is that investors should "hold" SLQT shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in SLQT, but not buy additional shares or sell existing shares.
View SLQT analyst ratings or view top-rated stocks.
What is SelectQuote's stock price target for 2024?: 3 Wall Street analysts have issued 12 month price targets for SelectQuote's shares. Their SLQT share price targets range from $1.50 to $3.00. On average, they expect the company's share price to reach $2.50 in the next twelve months. This suggests a possible upside of 88.0% from the stock's current price.
View analysts price targets for SLQT or view top-rated stocks among Wall Street analysts.
How have SLQT shares performed in 2023?: SelectQuote's stock was trading at $0.6719 at the start of the year. Since then, SLQT stock has increased by 97.9% and is now trading at $1.33.
View the best growth stocks for 2023 here.
Are investors shorting SelectQuote?: SelectQuote saw a decrease in short interest in the month of October. As of October 31st, there was short interest totaling 1,520,000 shares, a decrease of 16.0% from the October 15th total of 1,810,000 shares. Based on an average daily trading volume, of 769,100 shares, the days-to-cover ratio is presently 2.0 days. Approximately 1.1% of the shares of the stock are short sold.
View SelectQuote's Short Interest.
When is SelectQuote's next earnings date?: The company is scheduled to release its next quarterly earnings announcement on Tuesday, February 6th 2024.
View our SLQT earnings forecast.
How were SelectQuote's earnings last quarter?: SelectQuote, Inc. (NYSE:SLQT) released its quarterly earnings data on Thursday, November, 2nd. The company reported ($0.19) EPS for the quarter. The business had revenue of $232.73 million for the quarter. SelectQuote had a negative net margin of 4.39% and a negative trailing twelve-month return on equity of 10.21%.

What guidance has SelectQuote issued on next quarter's earnings?: SelectQuote issued an update on its FY 2024 earnings guidance on Wednesday, September, 13th. The company provided EPS guidance of for the period. The company issued revenue guidance of $1.05 billion-$1.20 billion, compared to the consensus revenue estimate of $1.10 billion.
What is Tim Danker's approval rating as SelectQuote's CEO?: 171 employees have rated SelectQuote Chief Executive Officer Tim Danker on Glassdoor.com. Tim Danker has an approval rating of 72% among the company's employees.
What other stocks do shareholders of SelectQuote own?: Based on aggregate information from My MarketBeat watchlists, some companies that other SelectQuote investors own include Coty (COTY), Designer Brands (DBI), Invesco Mortgage Capital (IVR), Boxlight (BOXL), Cloudera (CLDR), Carnival Co. & (CCL), Energy Transfer (ET), WW International (WW), GTT Communications (GTT) and H&R Block (HRB).
When did SelectQuote IPO?: (SLQT) raised $450 million in an initial public offering (IPO) on Thursday, May 21st 2020. The company issued 25,000,000 shares at $17.00-$19.00 per share. Credit Suisse, Morgan Stanley, Evercore ISI, RBC Capital Markets, Barclays, Citigroup and Jefferies served as the underwriters for the IPO and Cantor, Keefe Bruyette & Woods (A Stifel Company), Piper Sandler and Drexel Hamilton were co-managers.
Who are SelectQuote's major shareholders?: SelectQuote's stock is owned by a number of institutional and retail investors. Top institutional investors include Mariner LLC (1.89%), GSA Capital Partners LLP (0.71%), Northern Trust Corp (0.67%), Fuller & Thaler Asset Management Inc. (0.66%), Charles Schwab Investment Management Inc. (0.64%) and Jacobs Levy Equity Management Inc. (0.55%). Insiders that own company stock include Denise L Devine, Donald L Hawks III, Earl H Devanny III, Joshua Brandon Matthews, Matthew Scott Gunter, Raffaele Sadun, Raymond F Weldon, Robert Clay Grant, Ryan Souan, Sq Co-Investors Llc, Timothy Robert Danker, W Thomas Grant II and William Thomas Grant III.
View institutional ownership trends.
How do I buy shares of SelectQuote?: Shares of SLQT stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
Compare Top Brokerages Here.

This page (NYSE:SLQT) was last updated on 12/3/2023 by MarketBeat.com Staff

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