CRVL - CorVel Corp Stock Price, Fair Value and News

239.83USD-0.25 (-0.10%)Market Closed

Market Summary

USD239.83-0.25

Market Closed

-0.10%

CRVL Stock Price

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CRVL RSI Chart

CRVL Valuation

Market Cap

4.1B

Price/Earnings (Trailing)

54.74

Price/Sales (Trailing)

5.31

EV/EBITDA

33.05

Price/Free Cashflow

58.27

CRVL Price/Sales (Trailing)

CRVL Profitability

EBT Margin

12.29%

Return on Equity

32.1%

Return on Assets

16.85%

Free Cashflow Yield

1.72%

CRVL Fundamentals

CRVL Revenue

Revenue (TTM)

773.5M

Rev. Growth (Yr)

12.78%

Rev. Growth (Qtr)

3.47%

CRVL Earnings

Earnings (TTM)

75.0M

Earnings Growth (Yr)

1.46%

Earnings Growth (Qtr)

-14.09%

Breaking Down CRVL Revenue

Last 7 days

2.0%

Last 30 days

-7.3%

Last 90 days

3.6%

Trailing 12 Months

18.3%

How does CRVL drawdown profile look like?

CRVL Financial Health

Current Ratio

1.56

CRVL Investor Care

Buy Backs (1Y)

0.38%

Diluted EPS (TTM)

4.32

Historical Charts for Stock Metrics

Get all data in R, Python etc through our Historical Stock Data APIs

Net sales

Year	Q1	Q2	Q3	Q4
2023	718.6M	732.5M	750.6M	773.5M
2022	646.2M	669.9M	689.6M	704.5M
2021	552.6M	575.7M	597.4M	620.4M
2020	592.2M	571.7M	560.7M	554.2M
2019	595.7M	595.5M	594.3M	596.3M
2018	558.4M	571.1M	582.9M	588.2M
2017	518.7M	527.8M	536.1M	548.4M
2016	503.6M	505.1M	508.9M	513.4M
2015	492.6M	495.2M	495.9M	497.5M
2014	478.8M	485.1M	489.4M	490.7M
2013	429.3M	442.8M	456.7M	470.5M
2012	412.7M	415.0M	415.9M	421.8M
2011	380.7M	391.5M	402.6M	408.7M
2010	338.0M	348.6M	359.3M	370.0M

Get all data in R, Python etc through our Historical Stock Data APIs

GRUFITY'S FAIR VALUE MODEL

Stocks Marked 'Very Cheap' by Grufity's Fair Value Model Have Outperformed Russell 2000 Index

Small Caps and Mid Caps are mostly overlooked by investors as all the focus goes to Magnificent 7. These stocks that are not part of the beauty contest require a deeper look. However, all large cap stocks were once small caps. Grufity's Fair Value model opens up this unverse as it separates high-performing, rewarding stocks from low-performing risky stocks. <b>Russell 2000 stocks that were marked 'Very Cheap' by the model doubled in three years while the index was flat.</b>

Returns of $10,000 invested in:

Very Cheap Stocks: $21,859
Russell 2000 Index: $10,334
Very Expensive Stocks: $8,224

Russell 2000 stocks considered 'Very Cheap' by the model greatly outperformed Russell 2000 index and the 'Very Expensive' bucket over past three years.

Russell 2000 Index

Very Expensive Stocks

Very Cheap Stocks

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Tracking the Latest Insider Buys and Sells of CorVel Corp

Filter Transactions

Datesorted ascending	Name	Buy/Sell	$ Value	Avg. Price	# Shares	Title
Mar 28, 2024	combs michael g	acquired	3,247	249	13.00	ceo & president
Mar 28, 2024	yoss jennifer	acquired	2,498	249	10.00	vice president of accounting
Mar 28, 2024	bertels mark e.	acquired	499	249	2.00	evp - risk management services
Mar 28, 2024	o'brien brandon	acquired	1,498	249	6.00	chief financial officer
Mar 13, 2024	clemons v gordon	sold	-	-	-41,950	chairman of the board
Mar 13, 2024	clemons v gordon	acquired	-	-	41,950	chairman of the board
Mar 13, 2024	clemons v gordon	gifted	-	-	-3,000	chairman of the board
Feb 22, 2024	macino jean	sold	-793,205	253	-3,130	-
Feb 21, 2024	o'brien brandon	acquired	186,110	80.4628	2,313	chief financial officer
Feb 21, 2024	o'brien brandon	sold	-211,380	260	-813	chief financial officer

Which funds bought or sold CRVL recently?

View All Details

Datesorted ascending	Fund Name	Type	% Chg	$ Change	$ Held	% Portfolio
Apr 23, 2024	Busey Bank	reduced	-0.37	28,084	497,783	0.02%
Apr 23, 2024	Louisiana State Employees Retirement System	unchanged	-	70,875	1,183,320	0.02%
Apr 23, 2024	AMALGAMATED BANK	reduced	-25.61	-197,000	747,000	0.01%
Apr 23, 2024	FIFTH THIRD BANCORP	reduced	-16.67	-1,516	11,833	-%
Apr 23, 2024	REGIONS FINANCIAL CORP	added	2.14	427,925	5,378,060	0.04%
Apr 23, 2024	WETZEL INVESTMENT ADVISORS, INC.	unchanged	-	-474	2,526	-%
Apr 23, 2024	WESBANCO BANK INC	new	-	692,900	692,900	0.03%
Apr 22, 2024	Boston Trust Walden Corp	reduced	-0.71	3,894,870	73,287,200	0.52%
Apr 22, 2024	MetLife Investment Management, LLC	unchanged	-	237,834	1,162,880	0.01%
Apr 22, 2024	Raymond James Financial Services Advisors, Inc.	added	13.27	550,748	3,239,400	-%

Are Funds Buying or Selling CRVL?

Are funds buying CRVL calls or puts?

Calls

Puts

No. of funds holding Calls - Puts

Net Call Options

No. of funds that own CRVL

No. of Funds

Unveiling CorVel Corp's Major ShareHolders

Date Filed	Name of Filer	Percent of Class	No. of Shares	Form Type
Feb 14, 2024	clemons v gordon	7.15%	1,223,534	SC 13G/A
Feb 13, 2024	vanguard group inc	6.62%	1,132,437	SC 13G/A
Feb 13, 2024	kayne anderson rudnick investment management llc	11.14%	1,905,935	SC 13G/A
Feb 09, 2024	corstar holdings, inc.	37.11%	6,344,036	SC 13G/A
Jan 25, 2024	blackrock inc.	8.5%	1,459,423	SC 13G/A
Feb 14, 2023	clemons v gordon	7.74%	1,330,534	SC 13G/A
Feb 14, 2023	corstar holdings, inc.	37.3%	6,414,036	SC 13G/A
Feb 14, 2023	kayne anderson rudnick investment management llc	11.01%	1,901,500	SC 13G/A
Feb 13, 2023	renaissance technologies llc	4.33%	744,610	SC 13G/A
Feb 09, 2023	vanguard group inc	6.41%	1,106,807	SC 13G/A

Recent SEC filings of CorVel Corp

View All Filings

Date Filed	Form Type	Document
Apr 17, 2024	4/A	Insider Trading
Apr 02, 2024	4	Insider Trading
Apr 02, 2024	4	Insider Trading
Apr 02, 2024	4	Insider Trading
Apr 02, 2024	4	Insider Trading
Mar 15, 2024	4	Insider Trading
Feb 26, 2024	4	Insider Trading
Feb 23, 2024	4	Insider Trading
Feb 22, 2024	4	Insider Trading
Feb 21, 2024	144	Notice of Insider Sale Intent

Peers (Alternatives to CorVel Corp)

Name	Mkt Capsorted ascending	Revenue	Price %, 1M	Returns, 1Y	P/E	P/S	Rev 1-Yr	Inc 1-Yr
LARGE-CAP
ARGO	1.0T	1.3B	-3.06%	3133.49%	-4.8K	757.88	-10.27%	-34.69%
AJG	51.3B	10.1B	-3.50%	14.70%	52.91	5.1	17.79%	-12.97%
AIG	51.1B	46.8B	-1.87%	44.64%	14.02	1.09	-14.05%	-64.38%
TRV	48.9B	42.9B	-4.52%	19.64%	15.57	1.14	13.52%	12.15%
AFL	48.6B	18.7B	-0.51%	26.71%	10.44	2.6	-2.30%	5.45%
ACGL	35.1B	13.6B	3.42%	29.33%	7.9	2.57	41.83%	201.02%
AFG	10.8B	7.8B	-1.14%	7.71%	12.73	1.39	11.18%	-5.12%
MID-CAP
UNM	9.9B	12.4B	-0.67%	27.01%	7.73	0.8	3.35%	-8.77%
AIZ	9.2B	11.1B	-1.85%	50.47%	14.32	0.83	9.21%	132.28%
LNC	4.9B	11.6B	-2.51%	35.58%	-6.48	0.42	-38.09%	-155.38%
AEL	4.5B	2.8B	0.20%	50.67%	21.22	1.58	100.59%	-89.04%
SMALL-CAP
BRP	1.7B	1.2B	-4.27%	12.40%	-18.68	1.38	24.25%	-115.79%
AMSF	974.0M	306.9M	2.19%	-3.93%	15.68	3.17	4.11%	11.70%
AMBC	661.7M	269.0M	-3.43%	-7.17%	147.04	2.46	-46.68%	-99.14%
AAME	39.2M	186.8M	-30.94%	-16.16%	-229.08	0.21	-0.56%	-111.21%

CorVel Corp News

Latest updates

CorVel Corp Earnings Report: Key Takeaways & Analysis

Income Statement (Last 12 Months)

(In Millions)

(*) denotes actual numbers (not divided by Millions)
Income Statement (Quarterly)																					(In Millions)
Description	(%) Q/Q	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2019Q3	2019Q2	2019Q1	2018Q4
Revenue	3.5%	202	196	190	185	179	177	176	171	165	158	153	146	142	136	130	147	148	147	150	151	146
Gross Profit	-4.7%	42.00	44.00	42.00	42.00	40.00	36.00	40.00	43.00	35.00	37.00	37.00	36.00	31.00	31.00	27.00	31.00	29.00	33.00	33.00	33.00	29.00
S&GA Expenses	1.3%	20.00	20.00	16.00	19.00	18.00	18.00	19.00	17.00	18.00	17.00	17.00	16.00	17.00	16.00	16.00	16.00	17.00	17.00	16.00	16.00	16.00
EBITDA Margin	-2.4%	0.16*	0.16*	0.16*	0.15*	0.16*	0.16*	0.16*	0.17*	0.16*	0.16*	0.16*	0.15*	-	-	-	-	-	-	-	-	-
Income Taxes	9.4%	5.00	5.00	6.00	4.00	5.00	4.00	5.00	7.00	4.00	4.00	4.00	5.00	3.00	3.00	3.00	3.00	3.00	3.00	4.00	4.00	3.00
Earnings Before Taxes	-9.5%	22.00	25.00	25.00	23.00	22.00	19.00	21.00	26.00	18.00	20.00	21.00	19.00	14.00	15.00	11.00	15.00	12.00	16.00	17.00	16.00	14.00
EBT Margin	-2.8%	0.12*	0.13*	0.12*	0.12*	0.13*	0.12*	0.13*	0.13*	0.13*	0.12*	0.12*	0.11*	-	-	-	-	-	-	-	-	-
Net Income	-14.1%	17.00	20.00	20.00	18.00	17.00	15.00	17.00	20.00	14.00	16.00	17.00	15.00	11.00	12.00	8.00	12.00	9.00	13.00	13.00	12.00	10.00
Net Income Margin	-2.6%	0.10*	0.10*	0.09*	0.09*	0.10*	0.09*	0.10*	0.10*	0.10*	0.10*	0.10*	0.08*	-	-	-	-	-	-	-	-	-
Free Cashflow	108.6%	22.00	11.00	32.00	6.00	24.00	5.00	22.00	5.00	8.00	16.00	8.00	17.00	-	-	-	-	-	-	-	-	-

Balance Sheet

(In Millions)

(*) denotes actual numbers (not divided by Millions)
Balance Sheet																					(In Millions)
Description	(%) Q/Q	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2019Q3	2019Q2	2019Q1	2018Q4
Assets	2.5%	445	434	418	394	408	400	416	415	424	425	422	425	458	442	425	416	422	427	428	318	314
Current Assets	4.4%	294	282	268	244	257	248	261	265	269	272	267	269	259	242	224	209	211	219	222	215	210
Cash Equivalents	16.6%	107	92.00	87.00	71.00	78.00	76.00	94.00	98.00	116	131	139	140	129	106	94.00	83.00	90.00	98.00	104	92.00	96.00
Net PPE	0.3%	85.00	85.00	84.00	83.00	82.00	83.00	84.00	76.00	71.00	70.00	71.00	71.00	72.00	72.00	74.00	76.00	77.00	72.00	68.00	62.00	63.00
Goodwill	0%	37.00	37.00	37.00	37.00	37.00	37.00	37.00	37.00	37.00	37.00	37.00	37.00	37.00	37.00	37.00	37.00	37.00	37.00	37.00	37.00	37.00
Liabilities	0.0%	211	212	211	192	213	202	210	203	209	201	193	204	248	239	227	227	229	226	224	123	121
Current Liabilities	1.0%	188	186	188	168	186	176	181	171	171	163	152	162	159	149	139	134	136	133	131	117	117
Shareholder's Equity	4.9%	234	223	207	202	195	198	206	212	215	224	230	220	210	202	198	190	193	201	204	195	192
Retained Earnings	2.2%	788	771	751	732	713	697	682	665	646	632	616	599	584	573	561	553	541	531	519	505	493
Additional Paid-In Capital	1.4%	230	227	221	219	211	208	205	202	199	196	192	186	180	176	171	169	166	164	161	156	153
Shares Outstanding	-0.1%	17.00	17.00	17.00	17.00	17.00	17.00	18.00	18.00	18.00	18.00	18.00	18.00	-	-	-	-	-	-	-	-	-
Float	-	-	-	-	-	-	1,251	-	-	-	1,726	-	-	-	784	-	-	-	711	-	-	-

Cashflow (Last 12 Months)

(In Thousands)

Cashflow (Quarterly)																					(In Thousands)
Description	(%) Q/Q	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2019Q3	2019Q2	2019Q1	2018Q4
Cashflow From Operations	63.2%	29,373	17,993	36,626	12,784	29,749	9,734	30,021	16,827	15,196	20,739	14,460	20,609	34,263	24,096	15,411	14,529	19,858	20,077	26,362	10,736	19,303
Share Based Compensation	-17.2%	1,077	1,301	1,312	1,532	1,698	950	1,379	1,314	1,183	1,356	1,345	1,494	1,251	1,238	995	919	1,143	1,198	1,225	1,239	1,023
Cashflow From Investing	4.3%	-6,917	-7,227	-5,049	-7,156	-5,768	-5,016	-8,380	-11,378	-6,824	-5,154	-6,463	-3,948	-6,358	-3,330	-3,607	-4,614	-10,204	-9,512	-8,030	-4,966	-3,835
Cashflow From Financing	-28.5%	-7,211	-5,610	-16,313	-12,330	-21,575	-23,401	-24,837	-23,483	-23,909	-23,172	-9,051	-5,774	-5,158	-8,795	-916	-16,320	-17,946	-17,070	-5,620	-10,540	-9,118
Buy Backs	-1.0%	9,324	9,418	17,787	18,594	22,795	25,598	26,688	24,794	25,536	25,559	14,196	10,546	7,685	12,042	2,398	18,096	19,196	19,197	9,119	12,576	11,289

CRVL Income Statement

2023-12-31

Consolidated Income Statements - Unaudited - USD ($)	3 Months Ended		9 Months Ended
Consolidated Income Statements - Unaudited - USD ($)	Dec. 31, 2023	Dec. 31, 2022	Dec. 31, 2023	Dec. 31, 2022
Income Statement [Abstract]
REVENUES	$ 202,303,000	$ 179,386,000	$ 588,078,000	$ 533,119,000
Cost of revenues	160,143,000	139,041,000	459,788,000	416,811,000
Gross profit	42,160,000	40,345,000	128,290,000	116,308,000
General and administrative expenses	19,798,000	18,128,000	55,786,000	54,347,000
Income before income tax provision	22,362,000	22,217,000	72,504,000	61,961,000
Income tax provision	5,267,000	5,368,000	15,706,000	13,765,000
NET INCOME	$ 17,095,000	$ 16,849,000	$ 56,798,000	$ 48,196,000
Net income per common and common equivalent share
Basic	$ 1	$ 0.98	$ 3.32	$ 2.77
Diluted	$ 0.99	$ 0.96	$ 3.27	$ 2.73
Weighted average common and common equivalent shares
Basic	17,106,000	17,245,000	17,124,000	17,379,000
Diluted	17,326,000	17,487,000	17,352,000	17,647,000

CRVL Balance Sheet

2023-12-31

Consolidated Balance Sheets - USD ($)	Dec. 31, 2023	Mar. 31, 2023
Current Assets
Cash and cash equivalents	$ 106,994,000	$ 71,329,000
Customer deposits	80,838,000	80,022,000
Accounts receivable, net	92,657,000	81,034,000
Prepaid taxes and expenses	13,903,000	11,385,000
Total current assets	294,392,000	243,770,000
Property and equipment, net	85,216,000	82,770,000
Goodwill	36,814,000	36,814,000
Other intangibles, net	927,000	1,244,000
Right-of-use asset, net	25,083,000	27,721,000
Deferred tax asset, net	1,147,000	224,000
Other assets	1,416,000	1,380,000
TOTAL ASSETS	444,995,000	393,923,000
Current Liabilities
Accounts and taxes payable	15,133,000	15,309,000
Accrued liabilities	173,254,000	152,578,000
Total current liabilities	188,387,000	167,887,000
Long-term lease liabilities	23,078,000	23,860,000
Total liabilities	211,465,000	191,747,000
Commitments and contingencies
Stockholders' Equity
Common stock, $.0001 par value: 120,000,000 shares authorized at December 31, 2023 and March 31, 2023; 55,094,668 shares issued (17,099,318 shares outstanding, net of Treasury shares) and 54,987,366 shares issued (17,169,500 shares outstanding, net of Treasury shares) at December 31, 2023 and March 31, 2023, respectively	3,000	3,000
Paid-in capital	229,785,000	218,700,000
Treasury stock (37,995,350 shares at December 31, 2023 and 37,817,866 shares at March 31, 2023)	(784,724,000)	(748,195,000)
Retained earnings	788,466,000	731,668,000
Total stockholders' equity	233,530,000	202,176,000
TOTAL LIABILITIES AND STOCKHOLDERS' EQUITY	$ 444,995,000	$ 393,923,000

About CorVel Corp

CorVel Corporation provides workers' compensation, auto, liability, and health solutions for employers, third party administrators, insurance companies, and government agencies to assist them in managing the medical costs and monitoring the quality of care associated with healthcare claims. It applies technology, including artificial intelligence, machine learning, and natural language processing to enhance the managing of episodes of care and the related health care costs. The company offers network solutions services, 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, such as claims management, case management, 24/7 nurse triage, utilization management, vocational rehabilitation, and life care planning, as well as processing of claims for self-insured payors with respect to property and casualty insurance. The company was incorporated in 1987 and is based in Fort Worth, Texas.

CEO	Mr. Michael G. Combs
WEBSITE	corvel.com
INDUSTRY	Insurance Property & Casualty
EMPLOYEES	4444

CorVel Corp Frequently Asked Questions

What is the ticker symbol for CorVel Corp? What does CRVL stand for in stocks?

CRVL is the stock ticker symbol of CorVel Corp. Every public company that trades on a stock exchange gets a ticker symbol.

What is the market capital of CorVel Corp (CRVL)?

As of Tue Apr 23 2024, market cap of CorVel Corp is 4.1 Billion. The market capitalization is calculated by multiplying the stock price with the number of shares outstanding.

What is the fair value of CRVL stock?

You can check CRVL's fair value in chart for subscribers.

What is the fair value of CRVL stock?

You can check CRVL's fair value in chart for subscribers. The fair value of CorVel Corp is provided for various growth and macro-economic scenarios from very pessimiatic to very optimistic assumptions. These fair values are estimates from Grufity's Fair Value model based on company's past performance. However, past performance of CorVel Corp is no guarantee of future performance. These fairvalue estimates should only be used as one of the inputs in your stock analysis. We provide model's historical fair value estimates for CRVL so that you know how good or bad the model has been in the past so you can discard it if needed. There are others that provide fair values of stocks such as wallmine, finbox, gurufocus and finviz. Most provide point in time estimates. We provide a history of our models fair value estimates so that you can get a sense of it's usefulness. Otherwise this data point is of little use.

Is CorVel Corp a good stock to buy?

The fair value guage provides a quick view whether CRVL is over valued or under valued. Whether CorVel Corp is cheap or expensive depends on the assumptions which impact CorVel Corp's fair value. We provide several scenarios of inflation and growth to encompass these range of assumptions for CRVL.

What is CorVel Corp's Price to Earnings (PE) and Price to sales (PS) ratio?

As of Tue Apr 23 2024, CRVL's PE ratio (Price to Earnings) is 54.74 and Price to Sales (PS) ratio is 5.31. The price to earnings and price to sales ratio are two most important valuation metrics for any company. PE ratio tell us the number of years of earnings investors are ready to pay for owning the company. Historically, S&P500 price to earnings ratio has fallen below 12 during periods of gloom and gone past 30 during periods of euphoria. CRVL PE ratio will change depending on the future growth rate expectations of investors.

What is 5 year return on CorVel Corp's stock?

In the past 10 years, CorVel Corp has provided 0.178 (multiply by 100 for percentage) rate of return.