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

3.57

Mkt cap

627M

Volume

High

3.66

P/E Ratio

-45.50

52-wk high

6.86

Low

3.54

Div yield

N/A

52-wk low

1.48

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

During Tuesday's intraday session, insurance stocks saw significant movement. Gainers included SelectQuote (SLQT), GoHealth (GOCO), Abacus Life (ABL), Huize Holding (HUIZ), Tian Ruixiang Holdings (TIRX), and Heritage Insurance Hldgs (HRTG). Losers included Trupanion (TRUP), Waterdrop (WDH), Maiden Hldgs (MHLD), Hippo Holdings (HIPO), Root (ROOT), and Arch Capital Group (ACGLO).

Portfolio Pulse from Benzinga Insights

September 12, 2023 | 5:40 pm

SelectQuote (NYSE:SLQT) is set to release its latest quarterly earnings report on September 13, 2023. Analysts estimate an earnings per share (EPS) of $-0.29. The company's past performance shows a mixed impact on the share price post-earnings release. The stock is currently trading at $1.29 and has seen a 16.38% increase over the last 52-week period.

Portfolio Pulse from Benzinga Insights

September 12, 2023 | 2:00 pm

Insurance stocks experienced significant movement during Monday's intraday session. Gainers included SelectQuote (SLQT), Hallmark Financial Services (HALL), Fidelis Insurance Holdings (FIHL), American Coastal (ACIC), Hippo Holdings (HIPO), and Root (ROOT). Losers included Marpai (MRAI), FG Financial Group (FGF and FGFPP), Crawford (CRD), and Heritage Insurance Holdings (HRTG).

Portfolio Pulse from Benzinga Insights

September 11, 2023 | 5:40 pm

During Tuesday's intraday session, insurance stocks showed mixed performance. Marpai, Intl General Insurance, Abacus Life, National Western Life, Enstar Gr, and Bright Health Gr were the gainers, with their stocks increasing by 4.93%, 1.13%, 1.09%, 1.09%, 0.87%, and 0.7% respectively. On the other hand, Conifer Holdings, Reliance Global Group, Heritage Insurance Hldgs, NI Holdings, Oscar Health, and SelectQuote saw their stocks decline by 11.15%, 10.57%, 7.33%, 4.71%, 4.56%, and 4.44% respectively.

Portfolio Pulse from Benzinga Insights

September 05, 2023 | 5:40 pm

Insurance stocks showed mixed performance in Wednesday's intraday session. Fanhua, Heritage Insurance Hldgs, Crawford, Lemonade, American Coastal, and Root saw their shares rise, while Donegal Gr, GoHealth, SelectQuote, Maiden Hldgs, Huize Holding, and Maiden Holdings, Ltd. 6.625% Notes due 2046 experienced a decline. The changes were accompanied by significant trading volumes compared to the average full-day volumes over the last 100 days.

Portfolio Pulse from Benzinga Insights

August 30, 2023 | 5:40 pm

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