Stock Price
P/E Ratio
Volume Traded Today
Dividend
52 Week High/low
CorVel Corp Market Cap
Based on ratings from 0 stock analysts, the CorVel Corp stock price is expected to decrease by 100% in 12 months. This is calculated by using the average 12-month stock price forecast for CorVel Corp. The lowest target is $ and the highest is $. Please note analyst price targets are not guaranteed and could be missed completely.
About 0 Wall Street analysts have assigned CRVL 0 buy ratings, 0 hold ratings, and 0 sell ratings. This means that analysts expect CorVel Corp to perform worse than the market. Keep in mind that these ratings are typically refreshed every quarter, underscoring the importance of conducting your own research on CRVL. Don't forget to include both technical and fundamental analysis, as well as staying informed on news that could influence these ratings, in your due diligence.
These are the latest 20 analyst ratings of CRVL.
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When did it IPO
1991
Staff Count
4,870
Country
United States
Sector/Industry
Financial Services/Insurance Brokers
CEO
Mr. Michael G. Combs
Market Cap
$6.04B
In 2023, CRVL generated $718.6M in revenue, which was a increase of 11.19% from the previous year. This can be seen as a signal that CRVL's business is growing, and its share price could be worth more in the future. However, if the company grows faster (or slower) than expected, this could also have a major impact on the future share price.
Revenue From 2020
Revenue From 2021
Revenue From 2022
Revenue From 2023
Fri, 29 Nov 2024
Sentiment - NEUTRAL
Source - GlobeNewsWire
Summary - CorVel Corporation's founder V. Gordon Clemons retires as Chairman of the Board after 37 years. Michael G. Combs, CEO, is appointed as the new Chairman. Clemons will remain an advisor.
Why It Matters - Leadership changes can signal strategic shifts within a company. Clemons' retirement after decades may lead to new directions under Combs, impacting investor confidence and stock performance.
Tue, 05 Nov 2024
Sentiment - NEUTRAL
Source - GlobeNewsWire
Summary - CorVel Corporation (NASDAQ: CRVL) reported Q3 2024 revenues of $224 million, up from $196 million YoY, with EPS at $1.35 versus $1.15. YTD revenues reached $436 million, and EPS was $2.60, up from $2.29.
Why It Matters - CorVel Corporation's revenue and earnings growth signals strong performance, suggesting potential for increased investor confidence and stock valuation.
Tue, 10 Sep 2024
Sentiment - NEUTRAL
Source - GlobeNewsWire
Summary - CorVel Corporation received two 2024 Business Insurance awards for generative AI innovation and for the "Claims Team of the Year" in collaboration with O'Reilly.
Why It Matters - CorVel's awards highlight its innovation and operational excellence, potentially boosting its market position and attracting investment interest, which could positively impact stock performance.
Tue, 27 Aug 2024
Sentiment - NEUTRAL
Source - GlobeNewsWire
Summary - CERIS, a CorVel Company, has enhanced its Fraud, Waste, and Abuse solutions with improved detection and analytics, aiding healthcare payers in managing fraud and billing errors.
Why It Matters - CERIS' advancements in fraud detection enhance its service offerings, potentially increasing client retention and revenue. Improved solutions can lead to cost savings for healthcare payers, impacting overall industry profitability.
Tue, 09 Jul 2024
Sentiment - NEUTRAL
Source - GlobeNewsWire
Summary - Symbeo has launched RapidInvoice on Amazon Business's Market App Center, aimed at improving accounts payable functions and enhancing financial operations for B2B ecommerce.
Why It Matters - Symbeo's RapidInvoice on Amazon Business boosts efficiency in accounts payable, potentially lowering costs and increasing productivity for B2B firms, which can enhance profitability and shareholder value.
Fri, 17 May 2024
Sentiment - POSITIVE
Source - Investors Business Daily
Summary - Corvel's stock reaches a new high following the announcement of plans to use generative AI for managing claims and enhancing service offerings.
Why It Matters - Corvel's new high signals investor confidence, driven by its innovative use of generative AI, which may enhance operational efficiency and profitability in the competitive health care sector.
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