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Financial Services - Insurance - Brokers - NASDAQ - US
$ 108.81
-1.54 %
$ 5.59 B
Market Cap
64.01
P/E
1. INTRINSIC VALUE

This DCF valuation model was last updated on Apr, 8, 2025.

The intrinsic value of one CRVL stock under the worst case scenario is HIDDEN Compared to the current market price of 109 USD, CorVel Corporation is HIDDEN

This DCF valuation model was last updated on Apr, 8, 2025.

The intrinsic value of one CRVL stock under the base case scenario is HIDDEN Compared to the current market price of 109 USD, CorVel Corporation is HIDDEN

This DCF valuation model was last updated on Apr, 8, 2025.

The intrinsic value of one CRVL stock under the best case scenario is HIDDEN Compared to the current market price of 109 USD, CorVel Corporation is HIDDEN

2. FUNDAMENTAL ANALYSIS

Price Chart CRVL

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$130.0$130.0$125.0$125.0$120.0$120.0$115.0$115.0$110.0$110.0$105.0$105.0$100.0$100.0$95.0$95.015 Oct15 OctNov '24Nov '2415 Nov15 NovDec '24Dec '2415 Dec15 DecJan '25Jan '2515 Jan15 JanFeb '25Feb '2515 Feb15 FebMar '25Mar '2515 Mar15 MarApr '25Apr '25
FINANCIALS
795 M REVENUE
10.68%
95.1 M OPERATING INCOME
60.01%
76.3 M NET INCOME
14.90%
99.2 M OPERATING CASH FLOW
20.60%
-29.2 M INVESTING CASH FLOW
-11.09%
-35.8 M FINANCING CASH FLOW
56.46%
0 REVENUE
0.00%
-1.82 M OPERATING INCOME
-6.36%
23.8 M NET INCOME
1.59%
41.6 M OPERATING CASH FLOW
86.69%
-9.54 M INVESTING CASH FLOW
3.55%
-7.52 M FINANCING CASH FLOW
-25.68%
Balance Sheet CorVel Corporation
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Current Assets 302 M
Cash & Short-Term Investments 106 M
Receivables 97.1 M
Other Current Assets 99.6 M
Non-Current Assets 152 M
Long-Term Investments 0
PP&E 110 M
Other Non-Current Assets 42.5 M
23.22 %21.36 %21.90 %24.18 %9.35 %Total Assets$454.7m
Current Liabilities 184 M
Accounts Payable 16.4 M
Short-Term Debt 8.86 M
Other Current Liabilities 159 M
Non-Current Liabilities 22.5 M
Long-Term Debt 22.5 M
Other Non-Current Liabilities 0
7.93 %4.28 %76.91 %10.88 %Total Liabilities$207.0m
EFFICIENCY
Earnings Waterfall CorVel Corporation
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Revenue 795 M
Cost Of Revenue 624 M
Gross Profit 172 M
Operating Expenses 76.6 M
Operating Income 95.1 M
Other Expenses 18.8 M
Net Income 76.3 M
800m800m700m700m600m600m500m500m400m400m300m300m200m200m100m100m00795m(624m)172m(77m)95m(19m)76mRevenueRevenueCost Of RevenueCost Of RevenueGross ProfitGross ProfitOperating ExpensesOperating ExpensesOperating IncomeOperating IncomeOther ExpensesOther ExpensesNet IncomeNet Income
RATIOS
21.59% GROSS MARGIN
21.59%
11.96% OPERATING MARGIN
11.96%
9.59% NET MARGIN
9.59%
30.79% ROE
30.79%
16.77% ROA
16.77%
27.33% ROIC
27.33%
FREE CASH FLOW ANALYSIS
Free Cash Flow Analysis CorVel Corporation
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80m80m70m70m60m60m50m50m40m40m30m30m20m20m10m10m00201620162017201720182018201920192020202020212021202220222023202320242024
Net Income 76.3 M
Depreciation & Amortization 26.3 M
Capital Expenditures -29.2 M
Stock-Based Compensation 4.98 M
Change in Working Capital -7.05 M
Others 11.7 M
Free Cash Flow 70 M
3. WALL STREET ANALYSTS ESTIMATES
Wall Street Analysts Price Targets CorVel Corporation
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CRVL has no price targets from Wall Street.
4. DIVIDEND ANALYSIS
5. COMPETITION
slide 2 of 8
6. Ownership
Insider Ownership CorVel Corporation
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Sold
0-3 MONTHS
4.8 M USD 5
3-6 MONTHS
12.3 M USD 4
6-9 MONTHS
6.64 M USD 8
9-12 MONTHS
17.6 M USD 5
Bought
0 USD 0
0-3 MONTHS
0 USD 0
3-6 MONTHS
0 USD 0
6-9 MONTHS
0 USD 0
9-12 MONTHS
7. News
CorVel Earns 2025 Great Place To Work Certification™ FORT WORTH, Texas, Feb. 25, 2025 (GLOBE NEWSWIRE) -- CorVel Corporation (NASDQ:CRVL) is proud to be Certified™ by Great Place To Work® for the fifth year in a row. The prestigious award is based entirely on what current employees say about their experience working at CorVel. globenewswire.com - 1 month ago
CorVel Corporation Appoints Sarah Scott as Executive Vice President of Product CorVel promotes Sarah Scott to EVP of Product, leveraging her 25 years of leadership to drive innovation, optimize solutions, and enhance partner value. globenewswire.com - 2 months ago
CorVel Announces Revenues and Earnings FORT WORTH, Texas, Feb. 04, 2025 (GLOBE NEWSWIRE) -- CorVel Corporation (NASDAQ: CRVL) announced the results for the quarter ended December 31, 2024. Revenues for the quarter were $228 million, an increase from $202 million in the December quarter of 2023. Earnings per share for the quarter were $0.46, compared to $0.33 in the same quarter of the prior year. Revenues for the nine months ended December 31, 2024 were $664 million, an increase from $588 million during the nine months ended December 31, 2023. Earnings per share for the nine months ended December 31, 2024 were $1.32, compared to $1.09 during the nine months ended December 31, 2023. The earnings per share numbers for the current and prior year have been adjusted to reflect the three-for-one stock split of its common stock which was paid on December 24, 2024. globenewswire.com - 2 months ago
Top 2 Health Care Stocks You May Want To Dump This Quarter As of Dec. 26, 2024, two stocks in the health care sector could be flashing a real warning to investors who value momentum as a key criteria in their trading decisions. benzinga.com - 3 months ago
CorVel Announces Effectiveness of Three-For-One Forward Stock Split FORT WORTH, Texas, Dec. 24, 2024 (GLOBE NEWSWIRE) -- CorVel Corporation (NASDAQ: CRVL) today announced the effectiveness of a three-for-one forward stock split, along with a proportionate increase in the number of authorized shares of its common stock to accommodate the stock split. globenewswire.com - 3 months ago
CorVel Announces Three-For-One Forward Stock Split and Authorized Share Increase FORT WORTH, Texas, Dec. 13, 2024 (GLOBE NEWSWIRE) -- CorVel Corporation (NASDAQ: CRVL) announces that its Board of Directors approved a three-for-one forward stock split of its common stock. The Board also approved a proportionate increase in the number of authorized shares of common stock to accommodate the stock split. The Board did not approve an increase in the number of authorized shares of preferred stock. globenewswire.com - 4 months ago
CorVel Announces Retirement of V. Gordon Clemons FORT WORTH, Texas, Nov. 29, 2024 (GLOBE NEWSWIRE) -- CorVel Corporation (NASDAQ: CRVL) announces V. Gordon Clemons is electing to retire as a member of the Company's Board of Directors (the “Board”) and as Chairman of the Board, effective November 26, 2024, after 37 years of service. Clemons founded CorVel Corporation in 1988 and has served as Chairman of the Board since the Company went public in 1991. Effective upon Clemons' retirement, Michael G. Combs, the Company's President and Chief Executive Officer, was appointed as the new Chairman of the Board. Clemons has been an advisor to Combs since 2017, and he will continue to be available to Combs as an outside consultant. globenewswire.com - 4 months ago
CorVel Announces Revenues and Earnings FORT WORTH, Texas, Nov. 05, 2024 (GLOBE NEWSWIRE) -- CorVel Corporation (NASDAQ: CRVL) announced the results for the quarter ended September 30, 2024. Revenues for the quarter were $224 million, an increase from $196 million in the September quarter of 2023. Earnings per share for the quarter were $1.35, compared to $1.15 in the same quarter of the prior year.  Revenues for the six months ended September 30, 2024 were $436 million, an increase from $386 million during the six months ended September 30, 2023. Earnings per share for the six months ended September 30, 2024 were $2.60, compared to $2.29 during the six months ended September 30, 2023. globenewswire.com - 5 months ago
Business Insurance Honors CorVel with Two Awards in 2024 CorVel Corporation has won two 2024 Business Insurance awards: one for innovation in generative AI and another for “Claims Team of the Year” with O'Reilly globenewswire.com - 7 months ago
CERIS Announces Enhanced Offering to Fraud, Waste, and Abuse Solutions FORT WORTH, Texas, Aug. 27, 2024 (GLOBE NEWSWIRE) -- Today, CERIS, a CorVel Company, has announced advancements to its current Fraud, Waste, and Abuse (FWA) solutions, including earlier detection capabilities and improved behavioral analytics. These new integrations and services will expand on CERIS' current FWA offering for customers as they navigate a complex healthcare industry and work to better manage and mitigate prevalent fraud and risk issues in today's landscape. Through identity and behavioral analytics, scanners, dashboards, reporting, and FWA consulting, CERIS' enhanced solutions are automating detection and errors in billing to aid payers in prevention and remediation. globenewswire.com - 7 months ago
CorVel Announces Revenues and Earnings FORT WORTH, Texas, July 30, 2024 (GLOBE NEWSWIRE) -- CorVel Corporation (NASDAQ: CRVL) announced the results for the quarter ended June 30, 2024. Revenues for the quarter were $212 million, an increase from $190 million in the June quarter of 2023. Earnings per share for the quarter were $1.25, compared to $1.14 in the same quarter of the prior year. globenewswire.com - 8 months ago
Symbeo partners with Amazon Business to extend the reach of its RapidInvoice AP automation solution Symbeo launches RapidInvoice on Amazon Business's Market App Center for B2B ecommerce with a solution that enhances AP functions and supports financial operations to reduce costs and improve productivity Symbeo launches RapidInvoice on Amazon Business's Market App Center for B2B ecommerce with a solution that enhances AP functions and supports financial operations to reduce costs and improve productivity globenewswire.com - 9 months ago
8. Profile Summary

CorVel Corporation CRVL

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COUNTRY US
INDUSTRY Insurance - Brokers
MARKET CAP $ 5.59 B
Dividend Yield 0.00%
Description 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 headquartered in Fort Worth, Texas.
Contact 5128 Apache Plume Road, Fort Worth, TX, 76109 https://www.corvel.com
IPO Date June 28, 1991
Employees 4870
Officers Cathy Van Emon CPB, M.B.A. Vice President of Business Operations Mr. Maxim Shishin Chief Information Officer Jason Wheeler Vice President of Sales & Account Management Ms. Jennifer L. Yoss Vice President of Accounting Mr. Jeffrey D. Gurtcheff Chief Claims Officer Melissa Storan Vice President of Marketing Mr. Michael G. Combs President, Chief Executive Officer & Chairman Mr. Mark E. Bertels Executive Vice President of Risk Management Services Ms. Sharon F. O'Connor Vice President of Legal Services Mr. Brandon T. O'Brien Chief Financial Officer