CorVel (CRVL) Stock Price, News & Analysis

Company Overview

CorVel Corporation provides workers' compensation, auto, liability, and health solutions. 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 also offers network solutions services, including automated medical fee auditing, preferred provider management and reimbursement, retrospective utilization review, facility claim review, professional review, pharmacy, directed care, clearinghouse, independent medical examination, and inpatient medical bill review services, as well as Medicare solutions. In addition, it 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 offers solutions to 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. CorVel Corporation was incorporated in 1987 and is based in Fort Worth, Texas.

Key Stats

• Today's Range: $108.80 to $111.84
• 50-Day Range: $103.48 to $118.66
• 52-Week Range: $76.53 to $128.61
• Volume: 183,285 shs
• Average Volume: 117,823 shs
• Market Capitalization: $5.64 billion
• P/E Ratio: 64.56
• Dividend Yield: N/A
• Price Target: N/A
• Consensus Rating: N/A

CorVel Stock Analysis - MarketRank™

CorVel scored higher than 19% of companies evaluated by MarketBeat, and ranked 276th out of 321 stocks in the business services sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

Analyst's Opinion

• Score: N/A
• Analyst Rating: N/A

Consensus Rating

There is not enough analysis data for CorVel.

Earnings and Valuation

• Score: 0.0 / 5
• Proj. Earnings Growth: N/A

Price to Earnings Ratio vs. the Market

The P/E ratio of CorVel is 64.56, which means that it is trading at a more expensive P/E ratio than the market average P/E ratio of about 21.76.

Price to Earnings Ratio vs. Sector

The P/E ratio of CorVel is 64.56, which means that it is trading at a more expensive P/E ratio than the Business Services sector average P/E ratio of about 30.91.

Price to Book Value per Share Ratio

CorVel has a P/B Ratio of 18.73. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities.

Short Interest

• Score: 2.0 / 5
• Short Interest Level: Bearish

Percentage of Shares Shorted

3.34% of the float of CorVel has been sold short.

Short Interest Ratio / Days to Cover

CorVel has a short interest ratio ("days to cover") of 7.4.

Change versus previous month

Short interest in CorVel has recently increased by 11.85%, indicating that investor sentiment is decreasing significantly.

Dividend

• Score: 0.0 / 5
• Dividend Strength: N/A

Dividend Yield

CorVel does not currently pay a dividend.

Dividend Growth

CorVel does not have a long track record of dividend growth.

Sustainability and ESG

• Score: N/A
• Environmental Score: N/A

Percentage of Shares Shorted

3.34% of the float of CorVel has been sold short.

Short Interest Ratio / Days to Cover

CorVel has a short interest ratio ("days to cover") of 7.4.

Change versus previous month

Short interest in CorVel has recently increased by 11.85%, indicating that investor sentiment is decreasing significantly.

News and Social Media

• Score: 3.2 / 5
• News Sentiment: 1.70

News Sentiment

CorVel has a news sentiment score of 1.70. 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 0.91 average news sentiment score of Business Services companies.

News Coverage This Week

MarketBeat has tracked 13 news articles for CorVel this week, compared to 4 articles on an average week.

Company Ownership

• Score: 3.3 / 5
• Insider Trading: Selling Shares

Insider Buying vs. Insider Selling

In 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 $5,757,140.00 in company stock.

Percentage Held by Insiders

47.57% 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 Institutions

51.36% of the stock of CorVel is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

CRVL Stock Analysis - Frequently Asked Questions

How have CRVL shares performed this year?

CorVel's stock was trading at $111.26 on January 1st, 2025. Since then, CRVL shares have decreased by 1.4% and is now trading at $109.75.
View the best growth stocks for 2025 here.

How were CorVel's earnings last quarter?

CorVel Co. (NASDAQ:CRVL) posted its quarterly earnings results on Tuesday, February, 4th. The business services provider reported $0.46 earnings per share for the quarter. CorVel had a net margin of 10.12% and a trailing twelve-month return on equity of 32.22%.
Read the conference call transcript.

When did CorVel's stock split?

CorVel shares split on the morning of Thursday, December 26th 2024. The 3-1 split was announced on Friday, December 13th 2024. The newly minted shares were issued to shareholders after the market closes on Monday, December 23rd 2024. An investor that had 100 shares of stock prior to the split would have 300 shares after the split.

Who are CorVel's major shareholders?

Top institutional shareholders of CorVel include Boston Trust Walden Corp (1.32%), Principal Financial Group Inc. (0.28%), Rhumbline Advisers (0.16%) and GAMMA Investing LLC (0.15%). Insiders that own company stock include Corstar Holdings Inc, V Gordon Clemons, Jeffrey J Michael, Steven J Hamerslag, R Judd Jessup, Alan Hoops, Michael G Combs, Jean Macino, Brandon O'brien, Maxim Shishin, Mark E Bertels and Jennifer Yoss.
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 Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.

What other stocks do shareholders of CorVel own?

Based on aggregate information from My MarketBeat watchlists, some other companies that CorVel investors own include Waste Connections (WCN), American Water Works (AWK), DiamondRock Hospitality (DRH), iShares Micro-Cap ETF (IWC), The RMR Group (RMR), AUO (AUOTY) and Triple Flag Precious Metals (TFPM).

Company Calendar

• Last Earnings: 2/04/2025
• Today: 4/29/2025
• Next Earnings (Estimated): 5/19/2025
• Fiscal Year End: 3/31/2026

Industry, Sector and Symbol

• Stock Exchange: NASDAQ
• Sector: Business Services
• Industry: Insurance agents, brokers, & service
• Sub-Industry: Health Care Services
• Current Symbol: NASDAQ:CRVL
• CIK: 874866
• Web: www.corvel.com
• Phone: (817) 390-1416
• Fax: 949-851-1469
• Employees: 4,230
• Year Founded: N/A

Profitability

• EPS (Most Recent Fiscal Year): $1.70
• Trailing P/E Ratio: 64.56
• Forward P/E Ratio: N/A
• P/E Growth: N/A
• Net Income: $76.25 million
• Net Margins: 10.12%
• Pretax Margin: 12.64%
• Return on Equity: 32.22%
• Return on Assets: 17.66%

Debt

• Debt-to-Equity Ratio: N/A
• Current Ratio: 1.77
• Quick Ratio: 1.77

Sales & Book Value

• Annual Sales: $871.31 million
• Price / Sales: 6.47
• Cash Flow: $1.92 per share
• Price / Cash Flow: 57.19
• Book Value: $5.86 per share
• Price / Book: 18.73

Miscellaneous

• Outstanding Shares: 51,359,000
• Free Float: 26,928,000
• Market Cap: $5.64 billion
• Optionable: Optionable
• Beta: 0.94