MARKET COMPOSITE
CRVL - Corvel Corp.8:00:00 PM 4/24/2024
Price
$239.67
-0.41 (-0.17%)
CorVel Corporation is an American provider of healthcare management services for workers' compensation, auto & liability, group health, and disability insurance markets. The company’s target markets include: employers, insurance companies, third party administrators, and state and municipal governments. The company’s services include claims management, bill review, preferred provider networks, utilization management, case management, directed care, and Medicare services. In 1987, Gordon Clemons joined with Jim Michael and Jeff Michael, investors from Minnesota, and founded CorVel Corporation . Three small vocational rehabilitation firms were consolidated to form the initial foundation of the new Company, valued at approximately $2 million with over 200 associates.
Financials
Quarterly financials
(USD)Dec 2023Q/Q
Revenue202.3MM+3%
Gross Profit42.2MM-5%
Cost Of Revenue160.1MM+6%
Operating Income22.4MM-10%
Operating Expenses19.8MM-
Net Income17.1MM-14%
G&A19.8MM+1%
Stock Chart

Short Volume Ratio = Short Volume / All Volume. Source of Short Volume data comes from 

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Stock news

    New integrations are propelled by technology that will create a best-in-class marketplace of servicesFORT WORTH, Texas, April 23, 2024 (GLOBE NEWSWIRE) -- CorVel Corporation (NASDAQ: CRVL), a national provider of risk management solutions, is announcing upcoming innovations to its managed care service offerings. Over the past year, CorVel has invested substantially in advanced technologies, particularly Generative AI. As a result, CorVel is pleased to introduce a new hub platform to the carrier

    Vocational Evaluation Services Meet Growing Demand Due to Post-Pandemic ChallengesFORT WORTH, Texas, Feb. 28, 2024 (GLOBE NEWSWIRE) -- To meet the growing demand for cost-effective vocational evaluation services in workers’ compensation, CorVel Corporation(NASDAQ: CRVL), a national provider of risk management solutions, has created a “center of excellence” for its clients, offering services virtually and in-person across the U.S. “Companies are focused on keeping good employees, so they value in

    Most readers would already be aware that CorVel's (NASDAQ:CRVL) stock increased significantly by 20% over the past...

    Brandon O'Brien, the Chief Financial Officer of CorVel Corp (NASDAQ:CRVL), has sold 813 shares of the company on February 21, 2024, according to a recent SEC filing.

    FORT WORTH, Texas, Feb. 20, 2024 (GLOBE NEWSWIRE) -- CorVel Corporation (NASDQ:CRVL), is proud to be Certified™ by Great Place To Work® for the 4th year in a row. The prestigious award is based entirely on what current employees say about their experience working at CorVel. Great Place To Work® is the global authority on workplace culture, employee experience, and leadership behaviors proven to deliver market-leading revenue, employee retention, and increased innovation. “This recognition, for t

    Michael Combs, CEO and President of CorVel Corp (NASDAQ:CRVL), sold 1,799 shares of the company on February 15, 2024, according to a recent SEC filing.

    On February 1, 2024, the insider, Vice President of Accounting Jennifer Yoss, executed a sale of 1,500 shares of CorVel Corp (NASDAQ:CRVL), as indicated by a recent SEC Filing.

    Q3 2024 CorVel Corp Earnings Call01-31-2024 10:56:06 AM

    Q3 2024 CorVel Corp Earnings Call

    Robust Customer Retention and New Business Drive CorVel's Performance

    FORT WORTH, Texas, Jan. 30, 2024 (GLOBE NEWSWIRE) -- CorVel Corporation (NASDAQ: CRVL) announced the results for the quarter ended December 31, 2023. Revenues for the quarter were $202 million, an increase from $179 million in the December quarter of 2022. Earnings per share for the quarter were $0.99, compared to $0.96 in the same quarter of the prior year. Revenues for the nine months ended December 31, 2023 were $588 million, compared to $533 million for the nine months ended December 31, 202