Equities analysts expect that Crawford & Company (NYSE:CRD.B) will report $258.48 million in sales for the current quarter, Zacks reports. Three analysts have issued estimates for Crawford & Company’s earnings, with estimates ranging from $254.88 million to $262.14 million. Crawford & Company posted sales of $255.03 million during the same quarter last year, which suggests a positive year over year growth rate of 1.4%. The business is scheduled to issue its next earnings results on Monday, November 4th.
According to Zacks, analysts expect that Crawford & Company will report full-year sales of $1.03 billion for the current fiscal year, with estimates ranging from $1.03 billion to $1.04 billion. For the next financial year, analysts expect that the firm will report sales of $1.07 billion, with estimates ranging from $1.06 billion to $1.07 billion. Zacks’ sales averages are an average based on a survey of analysts that follow Crawford & Company.
A number of brokerages have commented on CRD.B. Zacks Investment Research upgraded Crawford & Company from a “sell” rating to a “hold” rating in a research note on Tuesday, July 16th. ValuEngine cut Crawford & Company from a “hold” rating to a “sell” rating in a research note on Thursday, August 1st. Finally, Raymond James cut Crawford & Company from an “outperform” rating to a “market perform” rating in a research note on Thursday, May 16th.
Shares of CRD.B traded up $0.08 during midday trading on Thursday, reaching $9.46. 7,500 shares of the company were exchanged, compared to its average volume of 33,371. The stock has a 50-day moving average price of $9.43 and a 200-day moving average price of $9.29. The company has a market cap of $509.49 million, a price-to-earnings ratio of 11.97 and a beta of 0.99. Crawford & Company has a 1-year low of $8.00 and a 1-year high of $10.56. The company has a current ratio of 1.32, a quick ratio of 1.32 and a debt-to-equity ratio of 1.54.
The business also recently disclosed a quarterly dividend, which will be paid on Friday, September 6th. Shareholders of record on Wednesday, August 21st will be paid a dividend of $0.05 per share. This represents a $0.20 dividend on an annualized basis and a dividend yield of 2.11%. The ex-dividend date of this dividend is Tuesday, August 20th. Crawford & Company’s dividend payout ratio is presently 25.32%.
Crawford & Company Company Profile
Crawford & Company provides claims management and outsourcing solutions to the risk management and insurance industry, and self-insured entities. The company's Crawford Claims Solutions segment offers claims management services related to property, casualty, and catastrophe losses caused by physical damage to commercial and residential real properties, and personal properties, as well as marine losses.
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