NASDAQ:CRVL CorVel - CRVL Stock Forecast, Price & News Adding Choose a watchlist: Watchlist Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat Daily Premium to add more stocks to your watchlist. Adding CorVel Co. Please log in to your account or sign up in order to add this asset to your watchlist. $185.06 -3.96 (-2.10%) (As of 02/3/2023 12:00 AM ET) Add Compare Share Share Today's Range$184.15▼$190.5950-Day Range$138.44▼$189.0252-Week Range$129.19▼$192.13Volume84,608 shsAverage Volume77,648 shsMarket Capitalization$3.19 billionP/E Ratio48.45Dividend YieldN/APrice TargetN/A ProfileChartCompetitorsEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesOptions ChainSEC FilingsShort InterestSocial Media CorVel MarketRank™ ForecastAnalyst RatingN/AUpside/DownsideN/AShort InterestHealthy2.13% of Float Sold ShortDividend StrengthN/ASustainabilityN/ANews Sentiment0.57Based on 5 Articles This WeekInsider TradingSelling Shares$2.03 M Sold Last QuarterProj. Earnings GrowthN/ASee Full Details Hide Full Details Overall MarketRank™MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.2.23 out of 5 starsBusiness Services Sector120th out of 325 stocksInsurance Agents, Brokers, & Service Industry9th out of 16 stocks N/A Analyst's Opinion Consensus RatingThere is not enough analysis data for CorVel. Previous Next 5.0 Short Interest Percentage of Shares Shorted2.13% of the float of CorVel has been sold short.Short Interest Ratio / Days to CoverCorVel has a short interest ratio ("days to cover") of 3, which is generally considered an acceptable ratio of short interest to trading volume.Change versus previous monthShort interest in CorVel has recently decreased by 5.87%, indicating that investor sentiment is improving significantly. Previous Next 0.0 Dividend Strength Dividend YieldCorVel does not currently pay a dividend.Dividend GrowthCorVel does not have a long track record of dividend growth. Previous Next N/A Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScoreThere is no current Upright™ data available for CRVL. Previous Next 2.5 News and Social Media Coverage News SentimentCorVel has a news sentiment score of 0.57. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.40 average news sentiment score of Business Services companies.News Coverage This WeekMarketBeat has tracked 5 news articles for CorVel this week, compared to 1 article on an average week.MarketBeat FollowsOnly 2 people have added CorVel to their MarketBeat watchlist in the last 30 days. This is a decrease of 0% compared to the previous 30 days. Previous Next 3.3 Company Ownership Insider Buying vs. Insider SellingIn the past three months, CorVel insiders have sold more of their company's stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $2,032,034.00 in company stock.Percentage Held by Insiders48.56% of the stock of CorVel is held by insiders. A high percentage of insider ownership can be a sign of company health.Percentage Held by Institutions50.75% of the stock of CorVel is held by institutions. High institutional ownership can be a signal of strong market trust in this company. Previous Next 1.3 Earnings and Valuation Price to Earnings Ratio vs. the MarketThe P/E ratio of CorVel is 48.45, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 136.69.Price to Earnings Ratio vs. SectorThe P/E ratio of CorVel is 48.45, which means that it is trading at a less expensive P/E ratio than the Business Services sector average P/E ratio of about 237.62.Price to Book Value per Share RatioCorVel has a P/B Ratio of 15.36. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities. Previous Next See Top Rated MarketRank™ Stocks Here About CorVel (NASDAQ:CRVL) StockCorVel Corp. engages in the provision of workers' compensation solutions for employers, third party administrators, insurance companies, and government agencies. It operates through the Managed Care segment. The company was founded by V. Clemons Gordon Sr. in 1987 and is headquartered in Irvine, CA.Read More Receive CRVL Stock News and Ratings via Email Sign-up to receive the latest news and ratings for CorVel and its competitors with MarketBeat's FREE daily newsletter. Email Address CRVL Stock News HeadlinesFebruary 1, 2023 | americanbankingnews.comCorVel Co. (NASDAQ:CRVL) Sees Large Decline in Short InterestJanuary 22, 2023 | nz.finance.yahoo.comWhy You Should Care About CorVel's (NASDAQ:CRVL) Strong Returns On CapitalFebruary 3, 2023 | Investor Place Media (Ad)Cash Holders STILL Aren't Taking Steps to PrepareStocks are crashing... inflation is through the roof... multiple industries are getting hit hard... Americans are fearful of what might happen to their stock portfolios right now -- and who's to blame them? But former Wall Street money manager Louis Navellier says all it takes is being on the right side of this force driving the massive divide. Take action today and watch his exclusive presentation -- absolutely free of charge -- to see how you should be prepping for this phenomenon.November 9, 2022 | finance.yahoo.comCorVel Second Quarter 2023 Earnings: EPS: US$0.84 (vs US$0.90 in 2Q 2022)October 18, 2022 | benzinga.comCorVel Announces Quarterly Earnings Release Webcast - CorVel (NASDAQ:CRVL) - BenzingaOctober 12, 2022 | finance.yahoo.comBass Pro and CorVel Named Risk Management Team of the Year by Business Insurance - Yahoo FinanceOctober 11, 2022 | globenewswire.comBass Pro and CorVel Named Risk Management Team of the Year by Business Insurance - GlobeNewswireOctober 11, 2022 | finance.yahoo.comBass Pro and CorVel Named Risk Management Team of the Year by Business InsuranceFebruary 3, 2023 | Investor Place Media (Ad)Cash Holders STILL Aren't Taking Steps to PrepareStocks are crashing... inflation is through the roof... multiple industries are getting hit hard... Americans are fearful of what might happen to their stock portfolios right now -- and who's to blame them? But former Wall Street money manager Louis Navellier says all it takes is being on the right side of this force driving the massive divide. Take action today and watch his exclusive presentation -- absolutely free of charge -- to see how you should be prepping for this phenomenon.October 6, 2022 | marketwatch.comOpen Lending Corp. Names Keith Jezek as CEO - MarketWatchOctober 6, 2022 | marketwatch.comCanopy Growth Corp. stock rises Thursday, outperforms market - MarketWatchOctober 6, 2022 | marketwatch.comCarnival Corp. stock falls Thursday, underperforms market - MarketWatchOctober 6, 2022 | globenewswire.comKRTL International Corp. and Cannabis Global Inc. Form Global Strategic Alliance - GlobeNewswireSeptember 29, 2022 | finance.yahoo.com"Breakthrough Solutions for the Mental Health Epidemic" Set for October 19 at the 2022 National Workers’ Compensation and Disability Conference - Yahoo FinanceSeptember 27, 2022 | benzinga.comPayment Integrity Leader CERIS Promotes Two Executives to Senior Management Roles - CorVel (NASDAQ:CRVL) - BenzingaSeptember 20, 2022 | finance.yahoo.comCorVel's (NASDAQ:CRVL) earnings growth rate lags the 23% CAGR delivered to shareholdersSeptember 20, 2022 | finance.yahoo.comCorVel Corporation (CRVL)September 8, 2022 | nasdaq.comHere's Why We Think CorVel (NASDAQ:CRVL) Is Well Worth Watching - NasdaqSeptember 6, 2022 | nasdaq.comHere's Why We Think CorVel (NASDAQ:CRVL) Is Well Worth WatchingAugust 24, 2022 | reuters.comCRVL.OQ - CorVel Corporation | Stock Price & Latest News | ReutersAugust 15, 2022 | finance.yahoo.comCapital Investments At CorVel (NASDAQ:CRVL) Point To A Promising FutureAugust 9, 2022 | globenewswire.comBusiness Insurance Names CorVel's CogencyIQ an Innovation - GlobeNewswireAugust 9, 2022 | finance.yahoo.comBusiness Insurance Names CorVel’s CogencyIQ an Innovation of the YearAugust 8, 2022 | nasdaq.comHave CorVel Corporation (NASDAQ:CRVL) Insiders Been Selling Their Stock? - NasdaqAugust 6, 2022 | seekingalpha.comCorVel Corporation (CRVL) CEO Michael Combs on Q1 2022 Results - Earnings Call Transcript - Seeking AlphaAugust 3, 2022 | finance.yahoo.comNew Analysis from CorVel Highlights the Impact of COVID-19 on Workers’ Compensation Claims - Yahoo FinanceAugust 3, 2022 | globenewswire.comNew Analysis from CorVel Highlights the Impact of COVID-19 on Workers' Compensation Claims - GlobeNewswireSee More Headlines View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart Receive CRVL Stock News and Ratings via Email Sign-up to receive the latest news and ratings for CorVel and its competitors with MarketBeat's FREE daily newsletter. Email Address CRVL Company Calendar Last Earnings5/27/2020Today2/03/2023Fiscal Year End3/31/2023Next Earnings (Estimated)5/25/2023Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNASDAQ Industry Insurance agents, brokers, & service Sub-IndustryHealth Care Services SectorBusiness Services Current SymbolNASDAQ:CRVL CUSIP22100610 CIK874866 Webwww.corvel.com Phone(949) 851-1473Fax949-851-1469Employees4,233Year FoundedN/AProfitability EPS (Most Recent Fiscal Year)$3.82 Trailing P/E Ratio48.45 Forward P/E RatioN/A P/E GrowthN/ANet Income$66.41 million Net Margins9.63% Pretax Margin12.14% Return on Equity33.04% Return on Assets16.53% Debt Debt-to-Equity RatioN/A Current Ratio1.42 Quick Ratio1.42 Sales & Book Value Annual Sales$646.23 million Price / Sales4.94 Cash Flow$5.18 per share Price / Cash Flow35.76 Book Value$12.05 per share Price / Book15.36Miscellaneous Outstanding Shares17,260,000Free Float8,881,000Market Cap$3.19 billion OptionableOptionable Beta1.07 Key ExecutivesMichael G. CombsPresident & Chief Executive OfficerBrandon T. O’BrienChief Financial OfficerMaxim ShishinChief Information OfficerLori LandonVice President-Network SolutionsJennifer L. YossVice President-AccountingKey CompetitorsWaterdropNYSE:WDHBrazeNASDAQ:BRZEKyndrylNYSE:KDFlywireNASDAQ:FLYWBrink'sNYSE:BCOView All CompetitorsInsiders & InstitutionsProShare Advisors LLCBought 1,407 shares on 2/2/2023Ownership: 0.008%SG Americas Securities LLCSold 2,509 shares on 2/2/2023Ownership: 0.005%CWM LLCSold 322 shares on 2/1/2023Ownership: 0.002%Summit Global InvestmentsBought 2,500 shares on 1/31/2023Ownership: 0.067%Inspire Investing LLCBought 144 shares on 1/26/2023Ownership: 0.009%View All Insider TransactionsView All Institutional Transactions CRVL Stock - Frequently Asked Questions How have CRVL shares performed in 2023? CorVel's stock was trading at $145.33 at the start of the year. Since then, CRVL stock has increased by 27.3% and is now trading at $185.06. View the best growth stocks for 2023 here. Are investors shorting CorVel? CorVel saw a drop in short interest during the month of January. As of January 15th, there was short interest totaling 192,400 shares, a drop of 5.9% from the December 31st total of 204,400 shares. Based on an average daily volume of 63,600 shares, the short-interest ratio is presently 3.0 days. Approximately 2.1% of the shares of the company are sold short. View CorVel's Short Interest. When is CorVel's next earnings date? The company is scheduled to release its next quarterly earnings announcement on Thursday, May 25th 2023. View our CRVL earnings forecast. How were CorVel's earnings last quarter? CorVel Co. (NASDAQ:CRVL) released its quarterly earnings results on Wednesday, May, 27th. The business services provider reported $0.64 earnings per share for the quarter. The business services provider had revenue of $147.02 million for the quarter. CorVel had a trailing twelve-month return on equity of 33.04% and a net margin of 9.63%. What is Michael Combs' approval rating as CorVel's CEO? 85 employees have rated CorVel Chief Executive Officer Michael Combs on Glassdoor.com. Michael Combs has an approval rating of 80% among the company's employees. 53.0% of employees surveyed would recommend working at CorVel to a friend. What other stocks do shareholders of CorVel own? Based on aggregate information from My MarketBeat watchlists, some companies that other CorVel investors own include Myers Industries (MYE), British American Tobacco (BTI), Canadian Imperial Bank of Commerce (CM), Dominion Energy (D), Consolidated Edison (ED), Gilead Sciences (GILD), Harley-Davidson (HOG), Helmerich & Payne (HP), International Business Machines (IBM) and Meredith (MDP). What is CorVel's stock symbol? CorVel trades on the NASDAQ under the ticker symbol "CRVL." Who are CorVel's major shareholders? CorVel's stock is owned by a variety of retail and institutional investors. Top institutional shareholders include Boston Trust Walden Corp (1.42%), Assenagon Asset Management S.A. (0.11%), Summit Global Investments (0.07%), Lyell Wealth Management LP (0.06%), Vestmark Advisory Solutions Inc. (0.05%) and Yousif Capital Management LLC (0.04%). Insiders that own company stock include Alan Hoops, Brandon O'brien, Corstar Holdings Inc, Diane Blaha, Jean Macino, Jeffrey J Michael, Jennifer Yoss, Mark E Bertels, Maxim Shishin, Michael G Combs, R Judd Jessup, Steven J Hamerslag and V Gordon Clemons. View institutional ownership trends. How do I buy shares of CorVel? Shares of CRVL stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab. Compare Top Brokerages Here. What is CorVel's stock price today? One share of CRVL stock can currently be purchased for approximately $185.06. How much money does CorVel make? CorVel (NASDAQ:CRVL) has a market capitalization of $3.19 billion and generates $646.23 million in revenue each year. The business services provider earns $66.41 million in net income (profit) each year or $3.82 on an earnings per share basis. How many employees does CorVel have? The company employs 4,233 workers across the globe. How can I contact CorVel? CorVel's mailing address is 1920 Main Street Suite 900, Irvine CA, 92614. The official website for the company is www.corvel.com. The business services provider can be reached via phone at (949) 851-1473, via email at investor_relations@corvel.com, or via fax at 949-851-1469. This page (NASDAQ:CRVL) was last updated on 2/3/2023 by MarketBeat.com Staff Get 30 Days of MarketBeat All Access Free Sign up for MarketBeat All Access to gain access to MarketBeat's full suite of research tools: Best-in-Class Portfolio Monitoring View the latest news, buy/sell ratings, SEC filings and insider transactions for your stocks. Compare your portfolio performance to leading indices and get personalized stock ideas based on your portfolio. Stock Ideas and Recommendations Get daily stock ideas from top-performing Wall Street analysts. Get short term trading ideas from the MarketBeat Idea Engine. View which stocks are hot on social media with MarketBeat's trending stocks report. Advanced Stock Screeners and Research Tools Identify stocks that meet your criteria using seven unique stock screeners. See what's happening in the market right now with MarketBeat's real-time news feed. Export data to Excel for your own analysis. 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