How to Buy Selectquote Stock
Selectquote Inc
Founded in 1985, SelectQuote (NYSE: SLQT) provides solutions that help consumers protect their most valuable assets: their families, health and property.
Selectquote stock last closed at $2.08, down 0.48% from the previous day, and has increased 13.66% in one year. It has overperformed other stocks in the Insurance Brokers industry by 0.28 percentage points. Selectquote stock is currently +28.4% from its 52-week low of $1.62, and -69.68% from its 52-week high of $6.86.
There are currently 172.82M shares of SLQT outstanding. The market capitalization of SLQT is $359.46M. In the past 24 hours, 807,000 SLQT shares were traded.
How to Buy Selectquote Stock
Wondering how to invest in Selectquote stock? Here's how.
- Decide where to buy Selectquote stock: You need to choose an online brokerage, but don't worry - we've researched dozens of online stock brokerages and apps to help you choose where to buy Selectquote stock.
- Create a brokerage account: Sign up for 0% commission trading with the highest-rated brokerage we've identified.
- Deposit money your brokerage account: Select your payment method and add your information.
- Analyze Selectquote stock: The Selectquote ticker symbol is SLQT. Is Selectquote stock a good investment? Should you buy shares of SLQT? How do SLQT's underlying business fundamentals look? Do top analysts think Selectquote is a good buy? Why has SLQT's stock price moved recently? (Hint: Our stock market research website can help you decide if SLQT is a good stock to buy).
- Make your SLQT buy order: Decide if you will purchase SLQT shares at the current market price or use a limit order to purchase SLQT stock at a particular price.
- Get the latest news on your SLQT investment: Create a watchlist to keep tabs on your investment in Selectquote stock.
Step 1: Decide where to buy Selectquote stock
You need an online brokerage account in order to access the NYSE market and buy SLQT stock.
Our recommended brokerage: eToro
Based on our research, eToro is the best online stock brokerage. Here's why:
- You can invest in stocks with zero commissions: Invest without paying trading commissions.
- Buy fractional shares: Even if you don't have the money to buy a full share, you can still buy the stock.
- Access to world financial markets: From Technology to Energy, New York to Shanghai (for US users, only US stocks are available) — you can fill your portfolio with stocks from the world's leading exchanges.
- Social investing: eToro offers a community of more than 20 million users globally. Talk to, learn from, and copy the unique crypto portfolios of top investors.
- Security: eToro is a regulated and licensed brokerage platform.
- Buy other financial assets: Such as ETFs and cryptocurrencies.
Get $10 towards your purchase of shares by creating an account with eToro today. This offer is only for US users.
Open eToro AccountStep 2: Create a brokerage account
Now that you've picked the best brokerage, you need to fill out some personal details so you can invest in SLQT stock today.
How to Open a New Investment Account on eToro
- Click here to get started.eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.
- Enter your personal details to open your new trading account.
- Send your info by pressing the "Create Account" button. Get started with eToro today
Step 3: Deposit money your brokerage account
Now that you've finished signing up on one of the best stock apps, you can securely and quickly fund your account:
Check out the tutorial below for more details transferring funds into your new brokerage account.
Step 4: Analyze Selectquote stock
After you have chosen the best place to buy Selectquote stock, it's crucial to evaluate their stock prior to investing, so you can understand the risk and opportunity.
Selectquote quick stats
Fundamentals of SLQT
WallStreetZen was designed to help everyday investors perform more accurate fundamental analysis in minutes instead of hours.
You can see all of the due diligence checks on SLQT's stock page.
How is SLQT stock valued?
Analysts use many financial metrics, analyses, models, and charts to gauge SLQT's fair value.
Using relative valuations metrics:
- SLQT could be undervalued based on its P/E ratio of 14.86x, relative to Insurance Brokers industry P/E ratio of 48.89x
- SLQT could be undervalued based on its P/B ratio of 1.02x, relative to Insurance Brokers industry P/B ratio of 4.74x
You can access more valuation research on SLQT's stock here.
SLQT Financial Health Summary
Passed Health Checks:
- There are more short-term assets than short-term liabilities on the SLQT balance sheet.
- SLQT profit margin has gone up from -2.6% to 1.6% in the past year.
- SLQT has $35.73M in cash and short term investments. This is enough to cover its annual cash burn of $22.98M.
- SLQT has cash burn of 22980000. It has sufficient cash and short-term investments to cover this for at least one year.
Failed Health Checks:
- SLQT has a relatively high debt to equity ratio of 1.92.
- Total SLQT debt is higher than 5 years ago, relative to shareholder equity.
- There are more long-term liabilities than short-term assets on the SLQT balance sheet.
Do analysts think it's a good time to buy Selectquote stock
Out of 2 Wall Street analysts who monitor SLQT, the consensus analyst rating on SLQT is a Hold
Please keep in mind that analyst ratings are not recommendations, nor are they investment advice.
You can dive deeper into what analysts are saying on the Selectquote stock forecast page.
SLQT Technical Indicators
SLQT Performance Metrics
Last year, SLQT earnings were $25.03M. In the past four year, SLQT's earnings have increased by -34.7% per year. This was slower than the Insurance Brokers industry average of 8.98%.
Last year, SLQT revenue was $1.53B. Over the past five year, SLQT's revenue has grown by 23.59% per year. This was faster than the Insurance Brokers industry average of 9.89%.
Find out more about SLQT's earnings and revenue performance here.
Latest Insiders Trades at SLQT
Over the last year, executives and large shareholders at SLQT have sold more shares than they have bought.
Sarah Taylor Anderson, Officer of SLQT, was the latest SLQT insider to sell. They sold $31,888.98 worth of SLQT shares on Aug 2, 2025.
Get more info about who owns SLQT shares here.
Can I rely on SLQT as an income stream?
No, Selectquote doesn't provide an income stream by paying out dividends.
What do other traders have to say about SLQT?
One of the major reasons eToro is our top-rated brokerage is because of its social trading community.
Click below to learn what other traders have to say.
Step 5: Make your SLQT buy order
You have two primary types of orders:
- Market order: A market order is an order to buy or sell a stock at the best possible price.
Market orders are generally the easiest way to buy. - Limit order: A limit order allows you to buy or sell a security at a specific price (or better).
If you want to make sure you're buying or selling at a particular dollar amount, use a limit order.
Hit the Open Trade button and eToro will place the order.
If you require additional assistance buying stocks on eToro, watch the helpful video below:
Step 6: Get the latest news on your SLQT investment
Now that you own some shares in SLQT, you'll want to stay up-to-date on your new investment.
Make a watchlist to keep tabs on your SLQT stock.
SLQT Feed
How to Buy Stock in Selectquote
To summarize, here are the 6 steps you need to take to buy Selectquote stock right now:
- Decide where to buy Selectquote stock
- Create a brokerage account
- Deposit money your brokerage account
- Analyze Selectquote stock
- Make your SLQT buy order
- Get the latest news on your SLQT investment
If you are looking for a brokerage account, eToro is our recommended option.
Get Started with eToro TodayIf you would like to watch your new investment in Selectquote, create your watchlist below.
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