Zacks Investment Research upgraded shares of Crawford & Company (NYSE:CRD.B) from a sell rating to a hold rating in a report released on Tuesday.
According to Zacks, “CRAWFORD & CO. is a worldwide diversified services firm organized which provides claims services, risk management services, disability managment, risk control services and risk management information services to insurance companies, self-insured corporations and governmental entities. “
Separately, ValuEngine raised Crawford & Company from a sell rating to a hold rating in a research report on Tuesday, November 6th.
NYSE CRD.B opened at $8.94 on Tuesday. Crawford & Company has a twelve month low of $7.54 and a twelve month high of $10.44. The company has a quick ratio of 1.38, a current ratio of 1.38 and a debt-to-equity ratio of 0.95. The stock has a market cap of $495.64 million, a P/E ratio of 11.83 and a beta of 1.20.
Crawford & Company (NYSE:CRD.B) last posted its quarterly earnings data on Monday, November 5th. The business services provider reported $0.15 earnings per share for the quarter, missing the consensus estimate of $0.18 by ($0.03). Crawford & Company had a return on equity of 23.46% and a net margin of 1.03%. The business had revenue of $255.03 million for the quarter, compared to analyst estimates of $265.70 million. As a group, analysts expect that Crawford & Company will post 0.72 EPS for the current year.
The firm also recently disclosed a quarterly dividend, which was paid on Thursday, December 6th. Investors of record on Tuesday, November 20th were given a dividend of $0.05 per share. The ex-dividend date was Monday, November 19th. This represents a $0.20 annualized dividend and a dividend yield of 2.24%. Crawford & Company’s dividend payout ratio is presently 22.99%.
About Crawford & Company
Crawford & Company (Crawford) is an independent provider of claims management solutions to insurance and self-insured entities. The Company’s Crawford Solution offers claims services, business process outsourcing and consulting services for various product lines, including property and casualty claims management; workers’ compensation claims and medical management, and legal settlement administration.
See Also: Moving Average (MA)
For more information about research offerings from Zacks Investment Research, visit Zacks.com
Receive News & Ratings for Crawford & Company Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Crawford & Company and related companies with MarketBeat.com's FREE daily email newsletter.