Financial Services -
Insurance - Brokers - NASDAQ - US
$ 109.56
-1.61 %
$ 5.63 B
Market Cap
59.87
P/E
1. INTRINSIC VALUE
Balance Sheet
CorVel Corporation
| Current Assets | 387 B |
| Cash & Short-Term Investments | 171 B |
| Receivables | 104 B |
| Other Current Assets | 112 B |
| Non-Current Assets | 159 B |
| Long-Term Investments | 0 |
| PP&E | 113 B |
| Other Non-Current Assets | 46.4 B |
| Current Liabilities | 204 B |
| Accounts Payable | 0 |
| Short-Term Debt | 0 |
| Other Current Liabilities | 204 B |
| Non-Current Liabilities | 20 B |
| Long-Term Debt | 20 B |
| Other Non-Current Liabilities | 0 |
EFFICIENCY
Earnings Waterfall
CorVel Corporation
| Revenue | 896 M |
| Cost Of Revenue | 686 M |
| Gross Profit | 210 M |
| Operating Expenses | 88.9 M |
| Operating Income | 121 M |
| Other Expenses | -95 B |
| Net Income | 95.2 B |
RATIOS
FREE CASH FLOW ANALYSIS
Free Cash Flow Analysis
CorVel Corporation
| Net Income | 95.2 B |
| Depreciation & Amortization | 29.5 B |
| Capital Expenditures | -35.8 B |
| Stock-Based Compensation | 5.71 B |
| Change in Working Capital | 0 |
| Others | 0 |
| Free Cash Flow | 91.6 B |
Wall Street Analysts Price Targets
CorVel Corporation
CRVL has no price targets from Wall Street.
4. DIVIDEND
ANALYSIS
CRVL does not distribute dividends.
5. COMPETITION
6. Ownership
Insider Ownership
CorVel Corporation
Sold
0-3 MONTHS
3.71 M USD 6
3-6 MONTHS
4.8 M USD 5
6-9 MONTHS
12.3 M USD 4
9-12 MONTHS
22.6 M USD 9
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 Announces Revenues and Earnings
FORT WORTH, Texas, May 22, 2025 (GLOBE NEWSWIRE) -- CorVel Corporation (NASDAQ: CRVL) announced the results for the quarter and fiscal year ended March 31, 2025. Revenues for the quarter were $232 million, an increase from $207 million in the March quarter of 2024. Earnings per share for the quarter were $0.51, compared to $0.37 in the same quarter of the prior year. Revenues for the fiscal year ended March 31, 2025 were $896 million, an increase from $795 million during the fiscal year ended March 31, 2024. Earnings per share for the fiscal year ended March 31, 2025 were $1.83, compared to $1.47 during the fiscal year ended March 31, 2024. 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
- 4 weeks ago
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
- 3 months 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
- 4 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
- 4 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
- 5 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
- 5 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
- 6 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
- 6 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
- 7 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
- 9 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
- 9 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
- 10 months ago
8. Profile
Summary
CorVel Corporation CRVL
COUNTRY
US
INDUSTRY
Insurance - Brokers
MARKET CAP
$ 5.63 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
Mr. Maxim Shishin
Chief Information Officer
Melissa Storan
Vice President of Marketing
Ms. Jennifer L. Yoss
Vice President of Accounting
Ms. Sharon F. O'Connor
Vice President of Legal Services
Mr. Jeffrey D. Gurtcheff
Chief Claims Officer
Jason Wheeler
Vice President of Sales & Account Management
Cathy Van Emon CPB, M.B.A.
Vice President of Business Operations
Mr. Michael G. Combs
President, Chief Executive Officer & Chairman
Mr. Brandon T. O'Brien
Chief Financial Officer
Mr. Mark E. Bertels
Executive Vice President of Risk Management Services