345.72 USD
+11.47
3.43%
At close Dec 20, 4:00 PM EST
After hours
345.72
+0.00
0.00%
1 day
3.43%
5 days
-2.28%
1 month
-2.68%
3 months
8.96%
6 months
41.16%
Year to date
40.50%
1 year
43.93%
5 years
312.85%
10 years
878.82%
 

About: CorVel Corp 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. It partners with employers, third-party administrators, insurance companies, and government agencies in managing worker's compensation and health, auto, and liability services. The company's solutions combine integrated technologies with a human touch providing services that include claims management, bill review, preferred provider networks, utilization management, case management, pharmacy services, directed care, and medicare services.

Employees: 4,870

0
Funds holding %
of 6,809 funds
Analysts bullish %

Fund manager confidence

Based on 2024 Q3 regulatory filings by fund managers ($100M+ AUM)

126% more call options, than puts

Call options by funds: $4.05M | Put options by funds: $1.8M

115% more first-time investments, than exits

New positions opened: 43 | Existing positions closed: 20

27% more capital invested

Capital invested by funds: $2.34B [Q2] → $2.96B (+$622M) [Q3]

10% more funds holding

Funds holding: 221 [Q2] → 244 (+23) [Q3]

0.65% less ownership

Funds ownership: 53.71% [Q2] → 53.06% (-0.65%) [Q3]

4% less repeat investments, than reductions

Existing positions increased: 77 | Existing positions reduced: 80

Research analyst outlook

We haven’t received any recent analyst ratings for CRVL.

Financial journalist opinion

Neutral
GlobeNewsWire
1 week 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.
CorVel Announces Three-For-One Forward Stock Split and Authorized Share Increase
Neutral
GlobeNewsWire
3 weeks 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.
CorVel Announces Retirement of V. Gordon Clemons
Neutral
GlobeNewsWire
1 month 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.
CorVel Announces Revenues and Earnings
Neutral
GlobeNewsWire
3 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
Business Insurance Honors CorVel with Two Awards in 2024
Neutral
GlobeNewsWire
3 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.
CERIS Announces Enhanced Offering to Fraud, Waste, and Abuse Solutions
Neutral
GlobeNewsWire
4 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.
CorVel Announces Revenues and Earnings
Neutral
GlobeNewsWire
5 months ago
Symbeo partners with Amazon Business to extend the reach of its RapidInvoice AP automation solution
Symbeo launches RapidInvoice on Amazon Business's Market App Center for B2B ecommerce with a solution that enhances AP functions and supports financial operations to reduce costs and improve productivity Symbeo launches RapidInvoice on Amazon Business's Market App Center for B2B ecommerce with a solution that enhances AP functions and supports financial operations to reduce costs and improve productivity
Symbeo partners with Amazon Business to extend the reach of its RapidInvoice AP automation solution
Neutral
GlobeNewsWire
7 months ago
CorVel Announces Revenues and Earnings
FORT WORTH, Texas, May 22, 2024 (GLOBE NEWSWIRE) -- CorVel Corporation (NASDAQ: CRVL) announced the results for the quarter and fiscal year ended March 31, 2024. Revenues for the quarter were $207 million, an increase from $185 million in the same quarter of the previous year. Earnings per share for the quarter were $1.12, compared to $1.04 in the same quarter of the prior year.
CorVel Announces Revenues and Earnings
Positive
Investors Business Daily
7 months ago
Generative AI In Health Care Management Lifts This Stock To New Highs
Corvel is at a new high after news that the health care management company will use generative AI to manage claims and provide other services.
Neutral
GlobeNewsWire
7 months ago
CorVel Announces New Integrations for Managed Care Services Enabling Partners to Increase Connectivity and Create a Seamless Workflow Experience
CorVel (NASDAQ: CRVL) unveils AI-driven managed care solutions, offering seamless integration and enhanced insights for partners, improving patient care.
CorVel Announces New Integrations for Managed Care Services Enabling Partners to Increase Connectivity and Create a Seamless Workflow Experience
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