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 Ratio1.67
Quick Ratio1.67
Price-To-Earnings
Trailing P/E Ratio29.63
Forward P/E RatioN/A
P/E GrowthN/A
Sales & Book Value
Annual Sales$558.35 million
Price / Sales1.90
Cash Flow$3.0824 per share
Price / Cash18.20
Book Value$9.07 per share
Price / Book6.19
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
Market Cap$1,049.22
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 stock repurchase plan on Monday, April 10th 2017, which permits the company to repurchase 1,000,000 shares, according to EventVestor. This repurchase authorization permits the company to repurchase shares of its stock through open market purchases. Stock repurchase plans are usually a sign that the company's board of directors believes its stock is undervalued.
How were CorVel's earnings last quarter?
CorVel Co. (NASDAQ:CRVL) released its quarterly earnings results on Thursday, May, 31st. The business services provider reported $0.47 earnings per share for the quarter. The business services provider earned $143.57 million during 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?
What is the consensus analysts' recommendation for CorVel?
0 Wall Street analysts have issued "buy," "hold," and "sell" ratings for CorVel in the last year. There are currently for the stock, resulting in a consensus recommendation of "N/A."
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?
News headlines about CRVL stock have been trending somewhat positive this week, according to Accern Sentiment Analysis. The research firm identifies positive and negative media coverage by monitoring more than twenty million news and blog 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 0.11 on Accern's scale. They also gave media coverage about the business services provider an impact score of 45.11 out of 100, indicating that recent media coverage is somewhat unlikely to have an effect on the company's share price in the immediate future.
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 $56.10.
How big of a company is CorVel?
CorVel has a market capitalization of $1.05 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.
