CRD.B FY2025 EPS Forecast Reduced by Barrington Research

Key Points

• Analysts at Barrington Research have lowered their FY2025 earnings per share (EPS) estimate for Crawford & Company to $0.96, down from $0.98, while the current consensus estimate is $0.83 per share.
• Crawford & Company recently reported a quarterly EPS of $0.22, missing consensus estimates, along with revenue of $323 million, which also fell short of expectations.
• The company has announced an increase in its quarterly dividend to $0.075 per share, representing a 2.9% yield, with the ex-dividend date set for August 15th.

Crawford & Company (NYSE:CRD.B - Free Report) - Stock analysts at Barrington Research cut their FY2025 earnings estimates for shares of Crawford & Company in a research note issued to investors on Monday, August 18th. Barrington Research analyst K. Steinke now expects that the business services provider will post earnings per share of $0.96 for the year, down from their prior estimate of $0.98. The consensus estimate for Crawford & Company's current full-year earnings is $0.83 per share.

Crawford & Company (NYSE:CRD.B - Get Free Report) last released its quarterly earnings results on Monday, August 4th. The business services provider reported $0.22 earnings per share for the quarter, missing analysts' consensus estimates of $0.24 by ($0.02). Crawford & Company had a net margin of 2.18% and a return on equity of 25.91%. The firm had revenue of $323.00 million during the quarter, compared to the consensus estimate of $330.99 million.

Crawford & Company Stock Performance

CRD.B stock traded down $0.2550 during trading on Wednesday, reaching $11.2050. The company had a trading volume of 361 shares, compared to its average volume of 5,403. The company has a debt-to-equity ratio of 1.16, a quick ratio of 1.34 and a current ratio of 1.34. Crawford & Company has a twelve month low of $8.76 and a twelve month high of $12.50. The firm has a 50-day simple moving average of $10.11 and a 200-day simple moving average of $10.51. The company has a market cap of $556.22 million, a price-to-earnings ratio of 18.99 and a beta of 0.79.

Insiders Place Their Bets

In other Crawford & Company news, SVP Tami E. Stevenson sold 4,900 shares of the company's stock in a transaction on Tuesday, May 27th. The shares were sold at an average price of $10.21, for a total transaction of $50,029.00. Following the completion of the transaction, the senior vice president directly owned 26,282 shares in the company, valued at approximately $268,339.22. This represents a 15.71% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Corporate insiders own 51.04% of the company's stock.

Crawford & Company Increases Dividend

The company also recently announced a quarterly dividend, which will be paid on Friday, August 29th. Investors of record on Friday, August 15th will be paid a $0.075 dividend. The ex-dividend date is Friday, August 15th. This represents a $0.30 annualized dividend and a dividend yield of 2.7%. This is an increase from Crawford & Company's previous quarterly dividend of $0.07. Crawford & Company's dividend payout ratio (DPR) is presently 50.85%.

About Crawford & Company

Crawford & Co engages in the provision of claims management and outsourcing solutions to carriers, brokers, and corporates. It operates through the following segments: Crawford Loss Adjusting, Crawford TPA Solutions, and Crawford Platform Solutions. The Crawford Loss Adjusting segment consists of adjusting services provided to insurance companies and self-insured entities related to property and casualty losses caused by physical damage to commercial and residential real property and certain types of personal property.