CorVel Corporation provides medical cost containment and managed care services to address the medical costs of workers' compensation benefits, automobile insurance claims, and group health insurance benefits. The company offers network solutions, including automated medical fee auditing, preferred provider management and reimbursement services, retrospective utilization review, facility claim review, professional review, pharmacy services, directed care services, medicare solutions, clearinghouse services, independent medical examinations, and inpatient medical bill review. It also provides a range of patient management services comprising claims management, case management, 24/7 nurse triage, utilization management, vocational rehabilitation, life care planning, disability management, liability claims management, and auto claims management services. It serves insurers, third party administrators, self-administered employers, government agencies, municipalities, state funds, and various other industries. CorVel Corporation was founded in 1987 and is based in Irvine, California.
Industry, Sector and Symbol
Stock Exchange NASDAQ
Industry Insurance agents, brokers, & service
Sub-IndustryHealth Care Services
SectorBusiness Services
SymbolNASDAQ:CRVL
CUSIP22100610
Phone949-851-1473
Debt
Debt-to-Equity RatioN/A
Current Ratio1.75
Quick Ratio1.75
Price-To-Earnings
Trailing P/E Ratio27.76
Forward P/E RatioN/A
P/E GrowthN/A
Sales & Book Value
Annual Sales$558.35 million
Price / Sales1.99
Cash Flow$3.1740 per share
Price / Cash18.51
Book Value$9.07 per share
Price / Book6.48
Profitability
EPS (Most Recent Fiscal Year)N/A
Net Income$35.69 million
Net Margins6.78%
Return on Equity23.42%
Return on Assets14.17%
Miscellaneous
Employees3,788
Outstanding Shares18,880,000
Market Cap$1.06 billion
CorVel (NASDAQ:CRVL) Frequently Asked Questions
What is CorVel's stock symbol?
CorVel trades on the NASDAQ under the ticker symbol "CRVL."
How will CorVel's stock buyback program work?
CorVel announced that its board has authorized a share repurchase plan on Monday, April 10th 2017, which authorizes the company to buyback 1,000,000 outstanding shares, according to EventVestor. This buyback authorization authorizes the company to purchase shares of its stock through open market purchases. Shares buyback plans are typically a sign that the company's management believes its shares are undervalued.
How were CorVel's earnings last quarter?
CorVel Co. (NASDAQ:CRVL) posted its quarterly earnings data on Tuesday, July, 31st. The business services provider reported $0.62 EPS for the quarter. The business services provider earned $150.40 million during the quarter. CorVel had a net margin of 6.78% and a return on equity of 23.42%. View CorVel's Earnings History.
When is CorVel's next earnings date?
Who are some of CorVel's key competitors?
Who are CorVel's key executives?
CorVel's management team includes the folowing people:
- Mr. Victor Gordon Clemons Sr., Chairman, CEO & COO (Age 74)
- Mr. Michael G. Combs, Pres (Age 54)
- Mr. Kenneth S. Cragun, Chief Financial Officer (Age 57)
- Mr. Maxim Shishin, Chief Information Officer (Age 43)
- Ms. Diane J. Blaha, Chief Marketing Officer (Age 63)
Has CorVel been receiving favorable news coverage?
Press coverage about CRVL stock has been trending somewhat positive this week, according to Accern Sentiment. The research firm rates the sentiment of press coverage by reviewing more than twenty million blog and news sources. Accern ranks coverage of publicly-traded companies on a scale of negative one to one, with scores closest to one being the most favorable. CorVel earned a media and rumor sentiment score of 0.19 on Accern's scale. They also gave news headlines about the business services provider an impact score of 46.25 out of 100, indicating that recent press coverage is somewhat unlikely to have an impact on the company's share price in the near future. View Recent Headlines for CorVel.
Who are CorVel's major shareholders?
CorVel's stock is owned by a variety of of retail and institutional investors. Top institutional shareholders include BlackRock Inc. (7.62%), BTIM Corp. (0.73%), Russell Investments Group Ltd. (0.54%), Schwab Charles Investment Management Inc. (0.25%), First Trust Advisors LP (0.16%) and TD Asset Management Inc. (0.14%). Company insiders that own CorVel stock include Corstar Holdings Inc, Diane Blaha, Jeffrey J Michael, Maxim Shishin, Michael Saverien, R Judd Jessup and V Gordon Clemons. View Institutional Ownership Trends for CorVel.
Which institutional investors are selling CorVel stock?
CRVL stock was sold by a variety of institutional investors in the last quarter, including Russell Investments Group Ltd., First Trust Advisors LP, GSA Capital Partners LLP, Algert Global LLC, Bank of America Corp DE, Zebra Capital Management LLC and Arizona State Retirement System. Company insiders that have sold CorVel company stock in the last year include Corstar Holdings Inc, Diane Blaha, Jeffrey J Michael, Maxim Shishin, Michael Saverien, R Judd Jessup and V Gordon Clemons. View Insider Buying and Selling for CorVel.
Which institutional investors are buying CorVel stock?
CRVL stock was purchased by a variety of institutional investors in the last quarter, including BlackRock Inc., TD Asset Management Inc., Eqis Capital Management Inc., BTIM Corp., Her Majesty the Queen in Right of the Province of Alberta as represented by Alberta Investment Management Corp, Schwab Charles Investment Management Inc., Piedmont Investment Advisors LLC and Raymond James & Associates. View Insider Buying and Selling for CorVel.
How do I buy shares of CorVel?
Shares of CRVL can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.
What is CorVel's stock price today?
One share of CRVL stock can currently be purchased for approximately $58.70.
How big of a company is CorVel?
CorVel has a market capitalization of $1.06 billion and generates $558.35 million in revenue each year. CorVel employs 3,788 workers across the globe.
How can I contact CorVel?
CorVel's mailing address is 2010 Main Street Suite 600, Irvine CA, 92614. The business services provider can be reached via phone at 949-851-1473 or via email at [email protected]
MarketBeat Community Rating for CorVel (NASDAQ CRVL)
MarketBeat's community ratings are surveys of what our community members think about CorVel and other stocks. Vote "Outperform" if you believe CRVL will outperform the S&P 500 over the long term. Vote "Underperform" if you believe CRVL will underperform the S&P 500 over the long term. You may vote once every thirty days.
