Noble Financial Forecasts SelectQuote Q1 Earnings

SelectQuote, Inc. (NYSE:SLQT) – Equities research analysts at Noble Financial issued their Q1 2027 earnings per share (EPS) estimates for shares of SelectQuote in a research note issued to investors on Wednesday, August 26th. Noble Financial analyst M. Kupinski expects that the company will earn ($0.26) per share for the quarter. Noble Financial currently has a “Strong-Buy” rating on the stock. The consensus estimate for SelectQuote’s current full-year earnings is ($0.11) per share. Noble Financial also issued estimates for SelectQuote’s Q2 2027 earnings at $0.12 EPS, Q3 2027 earnings at $0.01 EPS, Q4 2027 earnings at ($0.07) EPS and FY2028 earnings at ($0.13) EPS.

Other research analysts have also issued research reports about the company. Weiss Ratings lowered SelectQuote from a “sell (d+)” rating to a “sell (d)” rating in a research report on Monday, August 17th. Zacks Research lowered SelectQuote from a “strong-buy” rating to a “hold” rating in a research note on Wednesday, July 1st. One research analyst has rated the stock with a Strong Buy rating, two have given a Hold rating and one has assigned a Sell rating to the company. According to data from MarketBeat, the stock presently has a consensus rating of “Hold” and a consensus target price of $3.00.

SelectQuote Price Performance

SLQT stock opened at $0.54 on Thursday. SelectQuote has a 52 week low of $0.48 and a 52 week high of $2.54. The firm has a market capitalization of $95.93 million, a P/E ratio of -6.80 and a beta of 1.66. The company has a fifty day simple moving average of $0.76 and a two-hundred day simple moving average of $0.82. The company has a quick ratio of 5.63, a current ratio of 6.57 and a debt-to-equity ratio of 0.99.

SelectQuote (NYSE:SLQT) last posted its earnings results on Tuesday, August 25th. The company reported ($0.19) earnings per share for the quarter, missing analysts’ consensus estimates of ($0.16) by ($0.03). SelectQuote had a net margin of 3.84% and a return on equity of 19.70%. The business had revenue of $321.65 million during the quarter, compared to analysts’ expectations of $353.44 million.

Institutional Investors Weigh In On SelectQuote

Institutional investors and hedge funds have recently added to or reduced their stakes in the stock. Dynamic Technology Lab Private Ltd purchased a new stake in SelectQuote in the 3rd quarter valued at about $27,000. CIBC Bancorp USA Inc. purchased a new position in shares of SelectQuote during the third quarter worth approximately $29,000. Aquatic Capital Management LLC bought a new stake in shares of SelectQuote during the third quarter valued at approximately $29,000. Russell Investments Group Ltd. raised its stake in shares of SelectQuote by 90.7% during the second quarter. Russell Investments Group Ltd. now owns 16,133 shares of the company’s stock valued at $38,000 after acquiring an additional 7,675 shares in the last quarter. Finally, Mackenzie Financial Corp purchased a new stake in shares of SelectQuote in the third quarter valued at approximately $43,000. Institutional investors own 34.59% of the company’s stock.

SelectQuote Company Profile

SelectQuote, Inc (NYSE: SLQT) is a U.S.-based insurance brokerage and lead generation company that connects consumers with a range of insurance products through proprietary technology and licensed agents. The company specializes in life insurance, supplemental health coverage and Medicare plans, leveraging its digital platform and call center operations to help individuals compare policies and find cost-effective solutions tailored to their needs.

Through a single point of contact, policy seekers can evaluate offerings from multiple carriers, including term life, whole life, accidental death, critical illness and long-term care products.