Streetbeat News

SLQT

SelectQuote, Inc.

https://www.selectquote.com

Industry

Insurance - Brokers

SelectQuote, Inc. operates a technology-enabled, direct-to-consumer distribution platform that sells a range of insurance policies to consumers from various insurance carriers 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 policies, including prescription drugs, dental, vision, and hearing plans; term life policies; and non-commercial auto and home property, and casualty policies. The company was incorporated in 1999 and is headquartered in Overland Park, Kansas.

Open

2.63

Mkt cap

491M

Volume

1.2M

High

2.92

P/E Ratio

-10.59

52-wk high

4.46

Low

2.63

Div yield

N/A

52-wk low

1.03

In Tuesday's intraday session, insurance stocks saw significant movements. Trupanion, Skyward Specialty, Marpai, Fanhua, Ambac Financial Group, and Tiptree were among the gainers, with Trupanion leading by a 7.88% increase. Conversely, Cheche Group, Maiden Holdings, SelectQuote, Huize Holding, Crawford, and Investors Title were the losers, with Cheche Group experiencing the largest decline at 9.06%. These movements were influenced by factors such as recent Q4 earnings reports.

Portfolio Pulse from Benzinga Insights

February 20, 2024 | 5:40 pm

In Monday's intraday session, insurance stocks saw significant movements. Tian Ruixiang Holdings led the gainers with a 33.53% increase, while CNA Financial topped the losers, declining by 5.84%. Other notable movers included Marpai, Mercury General, and Conifer Holdings on the gainers' side, and SelectQuote, Hippo Holdings, and Ambac Financial Group among the losers. The movements were based on trading volumes and market cap changes, with Mercury General's recent Q4 earnings release also influencing its stock performance.

Portfolio Pulse from Benzinga Insights

February 19, 2024 | 5:40 pm

Banking and financial services stocks are experiencing an uptick after a recent downturn caused by disappointing US inflation data. This rebound reflects a positive shift in investor sentiment towards the sector.

Portfolio Pulse from Benzinga Newsdesk

February 14, 2024 | 8:00 pm

In Wednesday's intraday session, the insurance industry saw significant movements with Cheche Group leading the gainers with a 107.54% increase, while Huize Holding led the losers with a 2.57% decline. Other notable movers included Root, Mercury General, Investors Title, SelectQuote, and Hippo Holdings on the gainers' side, and Principal Finl Gr, Enstar Gr, Prudential Financial, and Oxbridge Re Holdings among the losers.

Portfolio Pulse from Benzinga Insights

February 14, 2024 | 5:40 pm

In Monday's intraday session, several insurance stocks experienced significant movements. Notable gainers include Hippo Holdings, Trupanion, Huize Holding, James River Group Holdings, SelectQuote, and Greenlight Capital Re, with increases ranging from 3.97% to 11.54%. On the losing side, FG Financial Group, Tian Ruixiang Holdings, Marpai, Crawford, Oscar Health, and Reliance Global Group saw declines between 1.59% and 8.92%. The movements reflect individual company dynamics and broader industry trends.

Portfolio Pulse from Benzinga Insights

February 12, 2024 | 5:40 pm

In Friday's intraday session, insurance stocks saw notable movements. Marpai, SelectQuote, Cheche Group, Huize Holding, Hippo Holdings, and BRP Group were among the gainers, with increases ranging from 3.23% to 10.71%. On the downside, Prudential, Prudential Financial, Abacus Life, Reliance Global Group, Root, and Abacus Life experienced declines between 1.46% and 2.84%. SelectQuote and Prudential Financial released their Q2 and Q4 earnings respectively, which may have influenced their stock movements.

Portfolio Pulse from Benzinga Insights

February 09, 2024 | 5:40 pm

In Wednesday's intraday session, several insurance stocks experienced notable movements. Huize Holding, Kingstone Companies, SelectQuote, RenaissanceRe Holdings, Cheche Group, and CNO Financial Group were among the gainers, with increases ranging from 2.39% to 8.01%. Conversely, Cincinnati Financial, Conifer Holdings, Maiden Holdings, Root, Fanhua, and Marpai were the losers, with declines ranging from 3.37% to 5.35%. Notably, SelectQuote and CNO Financial Group released their Q2 and Q4 earnings reports, respectively.

Portfolio Pulse from Benzinga Insights

February 07, 2024 | 5:40 pm

SelectQuote has updated its financial outlook for 2024, narrowing its expected net loss to between $(45)M and $(22)M from a previously wider range of $(50)M to $(22)M. Additionally, the company has raised its forecast for adjusted EBITDA to $90M-$105M, up from the earlier estimate of $80M-$105M.

Portfolio Pulse from Benzinga Newsdesk

February 07, 2024 | 12:37 pm

SelectQuote has updated its 2024 revenue guidance to a range of $1.23B-$1.3B, up from the previous forecast of $1.05B-$1.2B, surpassing the consensus estimate of $1.13B.

Portfolio Pulse from Benzinga Newsdesk

February 07, 2024 | 12:36 pm

SelectQuote (NYSE:SLQT) reported Q2 earnings of $0.11 per share, meeting analyst estimates, but marking a 21.43% decrease from the previous year. Quarterly sales were $405.44M, surpassing estimates by 7.71% and showing a 27.02% increase from the previous year.

Portfolio Pulse from Benzinga Newsdesk

February 07, 2024 | 12:33 pm

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