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

During Thursday's intraday session, several insurance stocks experienced significant movements. Gainers included Abacus Life (ABL), Kingsway Financial Servs (KFS), Selective Insurance Gr (SIGI), Donegal Gr (DGICB), Unum Gr (UNM), and FG Finl Gr (FGF). Losers included Conifer Holdings (CNFR), FG Finl Gr (FGFPP), SelectQuote (SLQT), Trupanion (TRUP), ICC Holdings (ICCH), and Marpai (MRAI).

Portfolio Pulse from Benzinga Insights

September 21, 2023 | 5:40 pm

During Wednesday's intraday session, insurance stocks saw significant movement. Gainers included SelectQuote (SLQT), eHealth (EHTH), GoHealth (GOCO), Goosehead Insurance (GSHD), Root (ROOT), and Trupanion (TRUP). Losers included Kingsway Financial Servs (KFS), Reliance Global Group (RELI), Citizens (CIA), Heritage Insurance Hldgs (HRTG), Greenlight Capital Re (GLRE), and Universal Insurance Hldgs (UVE).

Portfolio Pulse from Benzinga Insights

September 20, 2023 | 5:40 pm

During Tuesday's intraday session, insurance stocks saw significant movement. Gainers included SelectQuote (SLQT), Waterdrop (WDH), GoHealth (GOCO), HCI Group (HCI), Willis Towers Watson (WTW), and Allstate (ALL). Losers included Marpai (MRAI), Huize Holding (HUIZ), Heritage Insurance Hldgs (HRTG), Tiptree (TIPT), White Mountains Insurance (WTM), and Fanhua (FANH).

Portfolio Pulse from Benzinga Insights

September 19, 2023 | 5:40 pm

Shares of several companies including Connexa Sports Technologies, Elutia, Galera Therapeutics, Senti Biosciences, Neptune Wellness Solutions, Aclarion, Cybin, Avinger, SelectQuote, and Bit Brother Limited are trading higher in pre-market. Elutia's shares rose after the sale of its Orthobiologics business unit to Berkeley Biologics. Galera scheduled a meeting with the FDA to discuss next steps for its radiotherapy avasopasem. Neptune Wellness announced intention to spinout Sprout Organics. Cybin shares surged after hedge fund owner Steve Cohen invested $19 million in the company. On the other hand, shares of Digital Transformation Opportunities Corp., Rocket Lab USA, Novo Integrated Sciences, 60 Degrees Pharmaceuticals, Terran Orbital Corporation, Perspective Therapeutics, MSP Recovery, T2 Biosystems, SCWorx Corp., and FLJ Group Limited are trading lower in pre-market.

Portfolio Pulse from Lisa Levin

September 19, 2023 | 11:59 am

Selectquote's COO, William Grant III, has reported the purchase of 150,000 shares at an average price of $1.20 per share, according to a Form 4 filing on Monday.

Portfolio Pulse from Charles Gross

September 19, 2023 | 9:17 am

RBC Capital analyst Ben Hendrix has reiterated a 'Sector Perform' rating on SelectQuote (NYSE:SLQT) and maintained a price target of $3.

Portfolio Pulse from Benzinga Newsdesk

September 14, 2023 | 2:05 pm

Several companies are scheduled to report their quarterly earnings on September 13, 2023. These include Cracker Barrel Old, Coda Octopus Group, REV Group, SelectQuote, WisdomTree International LargeCap Dividend Fund, Burford Capital, Research Solutions, Champions Oncology, Iris Energy, Radiant Logistics, Semtech, Streamline Health Solns, MIND Technology, IBEX, and Ocean Power Techs.

Portfolio Pulse from Benzinga Insights

September 13, 2023 | 4:02 pm

SelectQuote, Inc (NYSE:SLQT) reported Q4 FY23 revenue of $221.78 million, a 59% YoY increase, beating the consensus of $181.41 million. However, the company's shares traded lower by 12.5% following the announcement. The company expects FY24 revenue of $1.05 billion - $1.20 billion and a net loss of $(50) million - $(22) million.

Portfolio Pulse from Anusuya Lahiri

September 13, 2023 | 2:10 pm

SelectQuote has provided its fiscal year 2024 guidance, expecting revenues to range between $1.05 billion and $1.2 billion, which is in line with the estimated $1.1 billion. The company also anticipates a net loss between $50 million and $22 million, and an adjusted EBITDA between $80 million and $105 million.

Portfolio Pulse from Benzinga Newsdesk

September 13, 2023 | 11:34 am

SelectQuote reported Q4 losses of $(0.29) per share, in line with analyst consensus. This is a 14.71% increase over losses from the same period last year. The company's quarterly sales of $221.78M beat the analyst consensus estimate of $181.41M by 22.25%, marking a 59.10% increase over sales from the same period last year.

Portfolio Pulse from Benzinga Newsdesk

September 13, 2023 | 11:32 am

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