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 $2.95, down 8.95% from the previous day, and has increased 76.65% in one year. It has overperformed other stocks in the Insurance Brokers industry by 0.6 percentage points. Selectquote stock is currently +99.32% from its 52-week low of $1.48, and -57% from its 52-week high of $6.86.
As of Apr 21, 2025, there are 172.14M shares of SLQT outstanding. The market capitalization of SLQT is $507.83M. In the past 24 hours, 1.45M SLQT shares were traded.
How to Buy Selectquote Stock
Not sure 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 tried dozens of stock brokerages and apps to help you choose where to buy Selectquote stock.
- Create a brokerage account: Sign up for 0% fee trading with the highest-rated brokerage we've found.
- Deposit money your brokerage account: Pick your method of payment 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 analysis website can help you understand 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 given price.
- Get the latest news on your SLQT investment: Create a watchlist to key updates about your new investment in Selectquote shares.
Step 1: Decide where to buy Selectquote stock
You need a brokerage account in order to access the NYSE market and buy SLQT shares.
Our preferred brokerage: eToro
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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 chosen the best brokerage, you'll need to fill out some personal details so you can buy SLQT stock today.
How to Start a New 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.
- Provide your personal data to start a new brokerage account.
- Submit your data by clicking the "Create Account" button. Get started with eToro today
Step 3: Deposit money your brokerage account
Now that you've created your account on the best stock app for beginners, you can securely and quickly fund your account:
Watch the walkthrough below if you need help transferring funds into your new brokerage account.
Step 4: Analyze Selectquote stock
Once you have decided on the best place to buy Selectquote stock, it's crucial to analyze their stock before you buy, so you truly understand the risk and upside.
Selectquote Metrics
Fundamentals of Selectquote
WallStreetZen was created to help everyday investors do better fundamental analysis.
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 true value.
Using relative valuations metrics:
- SLQT could be undervalued based on its P/B ratio of 1.56x, relative to Insurance Brokers industry P/B ratio of 6x
You can access additional valuation analysis on SLQT's stock here.
How do SLQT Financials look?
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 -4.3% to -0.9% in the past year.
Failed Health Checks:
- There are more long-term liabilities than short-term assets on the SLQT balance sheet.
- SLQT earnings of $82.93M is not sufficient to cover its interest payments.
- SLQT's operating cash flow of $19.17M allows it to safely service it's debt of $740.38M.
- SLQT has a relatively high debt to equity ratio of 2.92.
Do analysts think it's a good time to buy Selectquote stock
Out of 1 Wall Street analysts who give recommendations on SLQT, the consensus analyst rating on SLQT is a Hold
Please note that analyst forecasts are not stock recommendations, nor are they financial advice.
You can dive deeper into what analysts are saying on the Selectquote stock forecast page.
SLQT Technical Indicators
SLQT Performance Numbers
Last year, SLQT revenue was $1.46B. During the past four year, SLQT's revenue has grown by 17.3% per year. This was faster than the Insurance Brokers industry average of 9.22%.
Dig into SLQT's earnings and revenue performance here.
What are SLQT executives and large shareholders up to?
In the last 12 months, executives and large shareholders at SLQT have sold more shares than they have bought.
Denise L. Devine, Director of SLQT, was the latest SLQT insider to buy. They bought $14,460.00 worth of SLQT shares on Mar 14, 2025.
Dig into more about who owns SLQT stock here.
Does SLQT provide a stable income stream?
No, Selectquote doesn't provide an income stream by paying out dividends.
Get opinions from other traders
One of the reasons eToro is our highest-rated brokerage is because of its social trading community.
Click below to see what other community members have to say.
Step 5: Make your SLQT buy order
You have two primary options:
- Market order: A market order is an order to buy or sell a security at the best price on the market.
Market orders are generally fine. - Limit order: A limit order lets you buy or sell a security at a specific price (or better).
If you want to be sure you're buying or selling at a specific dollar amount limit, use a limit order.
Press the Open button and eToro will execute the order.
If you need more 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 SLQT stock, you'll want to stay up-to-date on your investment.
Create a watchlist to track the most important metrics related to 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 need a brokerage, eToro is our recommended option.
Get Started with eToro TodayIf you want to get the latest scoop on your new investment in Selectquote, create a watchlist on WallStreetZen today.
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