Corvel (CRVL)

CorVel Corporation is a national provider of innovative workers' compensation, auto, liability and health solutions for employers, third-party administrators, insurance companies and government agencies seeking to control costs and promote positive outcomes. The company applies technology, intelligence and a human touch throughout the risk management process so their clients can intervene early and often while being connected to the critical intelligence they need to proactively manage risk. With a robust technology platform at its core, CorVel's connected solution is delivered by a national team of associates who are committed to helping clients design and administer programs that meet their organization's performance goals.

Company profile

Ticker

CRVL

Exchange

NASDAQ

Website

www.corvel.com

CEO

Michael Combs

Incorporated

Delaware

Location

California

Fiscal year end

Mar 31

Sector

Manufacturing > Dental Laboratories

Industry (SIC)

Insurance Agents, Brokers & Service

Equitable • Aon • Willis Towers Watson Public Limited • Marsh & McLennan Cos. • Erie Indemnity • Enact • Ryan Specialty • Brown & Brown • GoHealth • Crawford & Co. ...

SEC CIK

0000874866

Corporate docs

Articles of Incorporation & Bylaws

Plans of Reorganization

Indentures

Material Contracts & Credit Agreements

Subsidiaries Lists

IRS number

330282651

CRVL stock data

1M 1Y 5Y

News

From Benzinga Pro

CorVel Q1 EPS $0.94 Up From $0.92 YoY, Sales $176.31M Up From $152.62M YoY

2 Aug 22

CorVel (NASDAQ:CRVL) reported quarterly earnings of $0.94 per share. This is a 2.17 percent increase over earnings of $0.92 per share from the same period last year. The company reported $176.31 million in sales this

CorVel Q4 EPS $1.09 Up From $0.81 YoY, Sales $171.00M Up From $145.51M YoY

26 May 22

CorVel (NASDAQ:CRVL) reported quarterly earnings of $1.09 per share. This is a 34.57 percent increase over earnings of $0.81 per share from the same period last year. The company reported $171.00 million in sales this

Earnings Scheduled For May 26, 2022

26 May 22

Companies Reporting Before The Bell • American Woodmark (NASDAQ:AMWD) is likely to report quarterly earnings at $1.34 per share on revenue of $493.20 million.

Press releases

From Benzinga Pro

CERiS Names Greg Dorn President

9 Aug 22

FORT WORTH, Texas, Aug. 09, 2022 (GLOBE NEWSWIRE) -- CERiS, a CorVel company, announced today that Greg Dorn has been named President of CERiS, a leader in payment integrity solutions. Mr. Dorn previously served as

Business Insurance Names CorVel's CogencyIQ an Innovation of the Year

9 Aug 22

FORT WORTH, Texas, Aug. 09, 2022 (GLOBE NEWSWIRE) -- CorVel Corporation (NASDAQ:CRVL), a national provider of risk management solutions, has received a 2022 Innovation of the Year award from Business

New Analysis from CorVel Highlights the Impact of COVID-19 on Workers' Compensation Claims

3 Aug 22

FORT WORTH, Texas, Aug. 03, 2022 (GLOBE NEWSWIRE) -- CorVel Corporation, a national provider of risk management solutions, recently published a white paper analyzing the impact that COVID-19 had on workers'

CorVel Announces Revenues and Earnings

2 Aug 22

CorVel Announces Quarterly Earnings Release Webcast

19 Jul 22

Calendar

4 Aug 22

12 Aug 22

31 Mar 23

Financial summary

Financial statements Chart CRVL financial data

Quarter (USD)	Jun 22	Mar 22	Dec 21	Sep 21
Revenue
Cost of revenue
Operating income
Operating margin
Net income
Net profit margin
Cash on hand
Change in cash
Diluted EPS

Annual (USD)	Mar 22	Mar 21	Mar 20	Mar 19
Revenue
Cost of revenue
Operating income
Operating margin
Net income
Net profit margin
Cash on hand
Change in cash
Diluted EPS

Cash burn rate (est.)	Burn method: Change in cash		Burn method: Operating income		Burn method: FCF (opex + capex)
	Last Q	Avg 4Q	Last Q	Avg 4Q	Last Q	Avg 4Q
Cash on hand (at last report)	94.31M	94.31M	94.31M	94.31M	94.31M	94.31M
Cash burn (monthly)	1.07M	3.7M	(no burn)	(no burn)	(no burn)	(no burn)
Cash used (since last report)	1.53M	5.31M	n/a	n/a	n/a	n/a
Cash remaining	92.78M	89M	n/a	n/a	n/a	n/a
Runway (months of cash)	87.1	24.1	n/a	n/a	n/a	n/a

Beta Read what these cash burn values mean

Financial data from Corvel earnings reports.

Recent insider trades

CRVL insider ownership history Insider history

Date	Owner	Security	Transaction	Code	Indirect	10b5-1	$Price	#Shares	$Value	#Remaining
10 Aug 22	R Judd Jessup	Common Stock	Sell	Dispose S	No	No	159.87	1,831	292.72K	42,996
9 Aug 22	R Judd Jessup	Common Stock	Sell	Dispose S	No	No	159.21	1,169	186.12K	44,827
9 Aug 22	Yoss Jennifer	Common Stock	Sell	Dispose S	No	No	158.4923	1,200	190.19K	289
9 Aug 22	Yoss Jennifer	Common Stock	Option exercise	Acquire M	No	No	77.93	1,200	93.52K	1,489
9 Aug 22	Yoss Jennifer	NQSO Common Stock	Option exercise	Dispose M	No	No	77.93	1,200	93.52K	1,800
8 Aug 22	Combs Michael G	Common Stock	Sell	Dispose S	No	No	160.5193	1,640	263.25K	12,025
8 Aug 22	Shishin Maxim	Common Stock	Sell	Dispose S	No	No	159.0526	2,000	318.11K	600
8 Aug 22	Shishin Maxim	Common Stock	Option exercise	Acquire M	No	No	57.75	2,000	115.5K	2,600
8 Aug 22	Shishin Maxim	NQSO Common Stock	Option exercise	Dispose M	No	No	57.75	2,000	115.5K	3,000
5 Aug 22	Yoss Jennifer	Common Stock	Sell	Dispose S	No	No	159.3322	225	35.85K	289

Data from 3, 4 and 5 filings. Values as filed, not updated for current price.

Institutional ownership, Q1 2022

CRVL institutional ownership history Ownership history

13F holders	Current	Prev Q	Change
Total holders	0	0
Opened positions	0	0
Closed positions	0	0
Increased positions	0	0
Reduced positions	0	0

13F shares	Current	Prev Q	Change
Total value	0	0
Total shares	0	0
Total puts	0	0
Total calls	0	0
Total put/call ratio	–	–	–

Largest owners	Shares	Value	Change

Largest transactions	Shares	Bought/sold	Change

Data from 13F filings, for the last complete 13F reporting period. For most recent data, click the ownership history button. Values as filed, not updated for current price. Long positions only.

Content analysis

Positive
Negative
Uncertain
Constraining
Legalese
Litigous
Readability	H.S. sophomore Avg

New words: attached, deemed, hold, hypothetical, language, salary, wage

Removed: absenteeism, acquirer, acquiring, amendment, approval, bankruptcy, began, beginning, broad, buy, cancelled, CCPA, collectability, consolidate, consulting, contact, contracted, cutting, declined, dependence, depression, discretionary, doctor, earning, encourage, entitle, entity, fact, February, financially, full, GDPR, holder, implemented, leading, liquidate, merged, mitigate, negotiate, newly, person, plant, predicted, prolonged, rapidly, receive, recession, recovery, redeem, remedial, remote, resume, September, shareholder, shutdown, slowdown, stable, stay, subside, subsided, takeover, temporarily, temporary, trade, uneven, unprecedented, unusual, world

From filing 10-Q 2023 Q1

Financial reports

View all