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
Industry Insurance agents, brokers, & service
Sub-IndustryHealth Care Services
SectorBusiness Services
SymbolNASDAQ:CRVL
CUSIP22100610
Phone949-851-1473
Debt
Debt-to-Equity RatioN/A
Current Ratio1.67
Quick Ratio1.67
Price-To-Earnings
Trailing P/E Ratio28.90
Forward P/E RatioN/A
P/E GrowthN/A
Sales & Book Value
Annual Sales$558.35 million
Price / Sales1.86
Cash Flow$3.0884 per share
Price / Cash17.76
Book Value$9.07 per share
Price / Book6.05
Profitability
EPS (Most Recent Fiscal Year)N/A
Net Income$35.69 million
Net Margins6.39%
Return on Equity23.11%
Return on Assets13.70%
Miscellaneous
Employees3,788
Outstanding Shares18,940,000
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 declared that its Board of Directors has initiated a share buyback 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 buy shares of its stock through open market purchases. Stock buyback plans are generally a sign that the company's management believes its stock is undervalued.
How were CorVel's earnings last quarter?
CorVel Co. (NASDAQ:CRVL) posted its quarterly earnings data on Thursday, May, 31st. The business services provider reported $0.47 earnings per share for the quarter. The business services provider had revenue of $143.57 million for the quarter. CorVel had a return on equity of 23.11% and a net margin of 6.39%. 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)
- Ms. Diane J. Blaha, Chief Marketing Officer (Age 63)
- Mr. Richard J. Schweppe, Consultant (Age 63)
- Mr. Kenneth S. Cragun, Chief Financial Officer (Age 57)
Has CorVel been receiving favorable news coverage?
Media coverage about CRVL stock has trended somewhat positive recently, Accern Sentiment Analysis reports. The research group rates the sentiment of press coverage by reviewing more than twenty million blog and news sources in real-time. Accern ranks coverage of public companies on a scale of -1 to 1, with scores closest to one being the most favorable. CorVel earned a media sentiment score of 0.16 on Accern's scale. They also assigned news headlines about the business services provider an impact score of 43.73 out of 100, indicating that recent press coverage is somewhat unlikely to have an effect on the stock's share price in the near future.
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. (7.10%), Dimensional Fund Advisors LP (4.19%), Russell Investments Group Ltd. (0.64%), Ancora Advisors LLC (0.58%), Principal Financial Group Inc. (0.41%) and Principal Financial Group Inc. (0.41%). Company insiders that own CorVel stock include Corstar Holdings Inc, Diane Blaha, 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 Millennium Management LLC, California Public Employees Retirement System, Citigroup Inc., SG Americas Securities LLC, American International Group Inc. and New York State Teachers Retirement System. Company insiders that have sold CorVel company stock in the last year include Corstar Holdings Inc, 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 bought by a variety of institutional investors in the last quarter, including Matarin Capital Management LLC, BlackRock Inc., Ancora Advisors LLC, Russell Investments Group Ltd., Her Majesty the Queen in Right of the Province of Alberta as represented by Alberta Investment Management Corp, GSA Capital Partners LLP, UBS Group AG and Schwab Charles Investment Management Inc.. 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 $54.85.
How big of a company is CorVel?
CorVel has a market capitalization of $1.02 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 92, 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 (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.
