Finder is committed to editorial independence. While we receive compensation when you click links to partners, they do not influence our content.

How to buy CorVel Corporation stock | 92.5

Own CorVel Corporation stock in just a few minutes.

Posted

Fact checked

CorVel Corporation is an insurance brokers business based in the US. CorVel Corporation shares (CRVL) are listed on the NASDAQ and all prices are listed in US Dollars. CorVel Corporation employs 3,824 staff and has a trailing 12-month revenue of around USD$571.7 million.

How to buy shares in CorVel Corporation

  1. Compare share trading platforms. If you're a beginner, look for a platform with low commissions, expert ratings and investment tools to track your portfolio. Narrow down top brands with our comparison table.
  2. Open and fund your brokerage account. Complete an application with your personal and financial details, like your ID and bank information. Fund your account with a bank transfer, credit card or debit card.
  3. Search for CorVel Corporation. Find the stock by name or ticker symbol: CRVL. Research its history to confirm it's a solid investment against your financial goals.
  4. Purchase now or later. Buy today with a market order or use a limit order to delay your purchase until CorVel Corporation reaches your desired price. To spread out your purchase, look into dollar-cost averaging, which smooths out buying at consistent intervals and amounts.
  5. Decide on how many to buy. At last close price of USD$92.5, weigh your budget against a diversified portfolio that can minimize risk through the market's ups and downs. You may be able to buy a fractional share of CorVel Corporation, depending on your broker.
  6. Check in on your investment. Congratulations, you own a part of CorVel Corporation. Optimize your portfolio by tracking how your stock — and even the business — performs with an eye on the long term. You may be eligible for dividends and shareholder voting rights on directors and management that can affect your stock.

How has coronavirus impacted CorVel Corporation's share price?

Since the stock market crash in March caused by coronavirus, CorVel Corporation's share price has had significant positive movement.

Its last market close was USD$92.5, which is 12.99% up on its pre-crash value of USD$80.48 and 84.45% up on the lowest point reached during the March crash when the shares fell as low as USD$50.15.

If you had bought USD$1,000 worth of CorVel Corporation shares at the start of February 2020, those shares would have been worth USD$585.73 at the bottom of the March crash, and if you held on to them, then as of the last market close they'd be worth USD$1,018.43.

CorVel Corporation share price

Use our graph to track the performance of CRVL stocks over time.

CorVel Corporation shares at a glance

Information last updated 2020-10-20.
Latest market close USD$92.5
52-week range USD$44.67 - USD$96.45
50-day moving average USD$86.41
200-day moving average USD$71.9549
Wall St. target price N/A
PE ratio 39.2174
Dividend yield N/A (0%)
Earnings per share (TTM) USD$2.302

Buy CorVel Corporation shares from these brokerages

Compare special offers, low fees and a wide range of types of investments among top trading platforms.
Name Product Stock trade fee Asset types Option trade fee Annual fee
Vanguard
$0
Stocks, Mutual funds, ETFs, Forex
$1
$20 per year
Get a personal advisor when you open an account with at least $50,000.
Robinhood
$0
Stocks, Options, ETFs, Cryptocurrency
$0
0%
Make unlimited commission-free trades in stocks, funds, and options with Robinhood Financial.
Sofi Invest
$0
Stocks, ETFs, Cryptocurrency
N/A
0%
A free way to invest in stocks, ETFs and crypto.
Interactive Brokers
$0
Stocks, Bonds, Options, Mutual funds, Index funds, ETFs, Futures, Cash
$0 + $0.65/contract, $1 minimum
0%
IBKR Lite offers $0 commissions, and IBKR Pro offers advanced tools for professional traders.
TD Ameritrade
$0
or $25 broker-assisted
Stocks
$0 + $0.65/contract,
or $25 broker-assisted
TD Ameritrade features $0 commission for online stock, but watch out for high short-term ETF and broker-assisted trading fees.
loading

Compare up to 4 providers

The value of any investment can go up or down depending on news, trends and market conditions. We are not investment advisers, so do your own due diligence to understand the risks before you invest.

Is it a good time to buy CorVel Corporation stock?

The technical analysis gauge below displays real-time ratings for the timeframes you select. This is not a recommendation, however. It represents a technical analysis based on the most popular technical indicators: Moving Averages, Oscillators and Pivots. Finder might not concur and takes no responsibility.

This chart is not advice or a guarantee of success. Rather, it gauges the real-time recommendations of three popular technical indicators: moving averages, oscillators and pivots. Finder is not responsible for how your stock performs.

CorVel Corporation price performance over time

Historical closes compared with the close of $92.5 from 2020-11-16

1 week (2020-11-19) 0.15%
1 month (2020-10-27) 0.87%
3 months (2020-08-26) 12.76%
6 months (2020-05-26) 49.53%
1 year (2019-11-26) 13.75%
2 years (2018-11-26) 40.17%
3 years (2017-11-24) 67.42%
5 years (2015-11-25) 137.36%

Is CorVel Corporation under- or over-valued?

Valuing CorVel Corporation stock is incredibly difficult, and any metric has to be viewed as part of a bigger picture of CorVel Corporation's overall performance. However, analysts commonly use some key metrics to help gauge the value of a stock.

CorVel Corporation's P/E ratio

CorVel Corporation's current share price divided by its per-share earnings (EPS) over a 12-month period gives a "trailing price/earnings ratio" of roughly 39x. In other words, CorVel Corporation shares trade at around 39x recent earnings.

That's relatively high compared to, say, the trailing 12-month P/E ratio for the NASDAQ 100 at the end of 2019 (27.29). The high P/E ratio could mean that investors are optimistic about the outlook for the shares or simply that they're over-valued.

CorVel Corporation's EBITDA

CorVel Corporation's EBITDA (earnings before interest, taxes, depreciation and amortisation) is USD$76.9 million.

The EBITDA is a measure of a CorVel Corporation's overall financial performance and is widely used to measure a its profitability.

CorVel Corporation financials

Revenue TTM USD$571.7 million
Operating margin TTM 9.49%
Gross profit TTM USD$125.9 million
Return on assets TTM 7.95%
Return on equity TTM 21.04%
Profit margin 7.39%
Book value $11.019
Market capitalisation USD$1.6 billion

TTM: trailing 12 months

Shorting CorVel Corporation shares

There are currently 268,945 CorVel Corporation shares held short by investors – that's known as CorVel Corporation's "short interest". This figure is 5.6% up from 254,735 last month.

There are a few different ways that this level of interest in shorting CorVel Corporation shares can be evaluated.

CorVel Corporation's "short interest ratio" (SIR)

CorVel Corporation's "short interest ratio" (SIR) is the quantity of CorVel Corporation shares currently shorted divided by the average quantity of CorVel Corporation shares traded daily (recently around 50648.775894539). CorVel Corporation's SIR currently stands at 5.31. In other words for every 100,000 CorVel Corporation shares traded daily on the market, roughly 5310 shares are currently held short.

However CorVel Corporation's short interest can also be evaluated against the total number of CorVel Corporation shares, or, against the total number of tradable CorVel Corporation shares (the shares that aren't held by "insiders" or major long-term shareholders – also known as the "float"). In this case CorVel Corporation's short interest could be expressed as 0.02% of the outstanding shares (for every 100,000 CorVel Corporation shares in existence, roughly 20 shares are currently held short) or 0.0298% of the tradable shares (for every 100,000 tradable CorVel Corporation shares, roughly 30 shares are currently held short).

A SIR below 10% would generally be considered to indicate a fairly optimistic outlook for the share price, with fewer people currently willing to bet against CorVel Corporation.

Find out more about how you can short CorVel Corporation stock.

CorVel Corporation share dividends

We're not expecting CorVel Corporation to pay a dividend over the next 12 months.

Have CorVel Corporation's shares ever split?

CorVel Corporation's shares were split on a 2:1 basis on 27 June 2013. So if you had owned 1 share the day before before the split, the next day you'd have owned 2 shares. This wouldn't directly have changed the overall worth of your CorVel Corporation shares – just the quantity. However, indirectly, the new 50% lower share price could have impacted the market appetite for CorVel Corporation shares which in turn could have impacted CorVel Corporation's share price.

CorVel Corporation share price volatility

Over the last 12 months, CorVel Corporation's shares have ranged in value from as little as $44.67 up to $96.45. A popular way to gauge a stock's volatility is its "beta".

CRVL.US volatility(beta: 0.89)Avg. volatility(beta: 1.00)LowHigh

Beta is a measure of a share's volatility in relation to the market. The market (NASDAQ average) beta is 1, while CorVel Corporation's is 0.8924. This would suggest that CorVel Corporation's shares are less volatile than average (for this exchange).

CorVel Corporation overview

CorVel Corporation provides workers' compensation solutions for employers, third party administrators, insurance companies, and government agencies seeking to control costs and promote positive outcomes. It enables its clients to intervene and connect to the critical intelligence they need to proactively manage risk. 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, life care planning, disability management, liability claims management, and auto claims management. CorVel Corporation has a partnership with PeerWell to bring remote musculoskeletal recovery to injured workers with cancelled or postponed surgery. The company was incorporated in 1987 and is based in Irvine, California.

Frequently asked questions

More guides on Finder

Ask an Expert

You are about to post a question on finder.com:

  • Do not enter personal information (eg. surname, phone number, bank details) as your question will be made public
  • finder.com is a financial comparison and information service, not a bank or product provider
  • We cannot provide you with personal advice or recommendations
  • Your answer might already be waiting – check previous questions below to see if yours has already been asked

Finder.com provides guides and information on a range of products and services. Because our content is not financial advice, we suggest talking with a professional before you make any decision.

By submitting your comment or question, you agree to our Privacy and Cookies Policy and finder.com Terms of Use.

Questions and responses on finder.com are not provided, paid for or otherwise endorsed by any bank or brand. These banks and brands are not responsible for ensuring that comments are answered or accurate.
Go to site