Crawford
Market Cap
US$548.5m
Last Updated
2021/03/07 00:51 UTC
Data Sources
Company Financials +
Executive Summary
Crawford & Company provides claims management and outsourcing solutions for carriers, brokers, and corporates in the United States, the United Kingdom, Europe, Canada, Australia, and internationally. More Details
Rewards
Risk Analysis
Snowflake Analysis
Proven track record with adequate balance sheet.
Share Price & News
How has Crawford's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: CRD.B is not significantly more volatile than the rest of US stocks over the past 3 months, typically moving +/- 5% a week.
Volatility Over Time: CRD.B's weekly volatility (5%) has been stable over the past year.
Market Performance
7 Day Return
9.9%
CRD.B
3.1%
US Insurance
-0.4%
US Market
1 Year Return
36.1%
CRD.B
14.8%
US Insurance
36.2%
US Market
Return vs Industry: CRD.B exceeded the US Insurance industry which returned 14.7% over the past year.
Return vs Market: CRD.B matched the US Market which returned 36.3% over the past year.
Shareholder returns
| CRD.B | Industry | Market | |
|---|---|---|---|
| 7 Day | 9.9% | 3.1% | -0.4% |
| 30 Day | 21.2% | 6.4% | -2.3% |
| 90 Day | 32.3% | 8.4% | 5.0% |
| 1 Year | 39.2%36.1% | 17.9%14.8% | 39.1%36.2% |
| 3 Year | 21.4%13.5% | 22.1%13.0% | 48.4%39.0% |
| 5 Year | 83.3%64.5% | 74.3%52.6% | 116.6%92.4% |
Long-Term Price Volatility Vs. Market
How volatile is Crawford's share price compared to the market and industry in the last 5 years?
Simply Wall St News
2 months ago | Simply Wall St
Should You Buy Crawford & Company (NYSE:CRD.B) For Its Dividend?3 months ago | Simply Wall St
Crawford & Company (NYSE:CRD.B) Insiders Increased Their Holdings3 months ago | Simply Wall St
Do Its Financials Have Any Role To Play In Driving Crawford & Company's (NYSE:CRD.B) Stock Up Recently?Valuation
Is Crawford undervalued compared to its fair value and its price relative to the market?
18.78x
Price to Earnings (PE) ratio
Share Price vs. Fair Value
Below Fair Value: CRD.B ($10) is trading above our estimate of fair value ($6.48)
Significantly Below Fair Value: CRD.B is trading above our estimate of fair value.
Price To Earnings Ratio
PE vs Industry: CRD.B is poor value based on its PE Ratio (45.9x) compared to the US Insurance industry average (14.8x).
PE vs Market: CRD.B is poor value based on its PE Ratio (45.9x) compared to the US market (21.5x).
Price to Earnings Growth Ratio
PEG Ratio: CRD.B is poor value based on its PEG Ratio (35.5x)
Price to Book Ratio
PB vs Industry: CRD.B is overvalued based on its PB Ratio (2.9x) compared to the US Insurance industry average (1x).
Next Steps
Future Growth
How is Crawford forecast to perform in the next 1 to 3 years based on estimates from 2 analysts?
10.2%
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: CRD.B's forecast earnings growth (1.3% per year) is below the savings rate (2%).
Earnings vs Market: CRD.B's earnings (1.3% per year) are forecast to grow slower than the US market (19.3% per year).
High Growth Earnings: CRD.B's earnings are forecast to grow, but not significantly.
Revenue vs Market: CRD.B's revenue is expected to decline over the next 3 years (-1.3% per year).
High Growth Revenue: CRD.B's revenue is forecast to decline over the next 3 years (-1.3% per year).
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: Insufficient data to determine if CRD.B's Return on Equity is forecast to be high in 3 years time
Next Steps
Past Performance
How has Crawford performed over the past 5 years?
27.1%
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: CRD.B has a large one-off loss of $12.0M impacting its December 31 2020 financial results.
Growing Profit Margin: CRD.B's current net profit margins (2.8%) are higher than last year (1.2%).
Past Earnings Growth Analysis
Earnings Trend: CRD.B has become profitable over the past 5 years, growing earnings by 27.1% per year.
Accelerating Growth: CRD.B's earnings growth over the past year (130.2%) exceeds its 5-year average (27.1% per year).
Earnings vs Industry: CRD.B earnings growth over the past year (130.2%) exceeded the Insurance industry -12.7%.
Return on Equity
High ROE: CRD.B's Return on Equity (14.5%) is considered low.
Next Steps
Financial Health
How is Crawford's financial position?
Financial Position Analysis
Short Term Liabilities: CRD.B's short term assets ($302.0M) exceed its short term liabilities ($242.8M).
Long Term Liabilities: CRD.B's short term assets ($302.0M) do not cover its long term liabilities ($323.3M).
Debt to Equity History and Analysis
Debt Level: CRD.B's debt to equity ratio (60.8%) is considered high.
Reducing Debt: CRD.B's debt to equity ratio has reduced from 195.8% to 60.8% over the past 5 years.
Debt Coverage: CRD.B's debt is well covered by operating cash flow (82%).
Interest Coverage: CRD.B's interest payments on its debt are well covered by EBIT (7.6x coverage).
Balance Sheet
Next Steps
Dividend
What is Crawford current dividend yield, its reliability and sustainability?
1.70%
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: CRD.B's dividend (1.2%) isn’t notable compared to the bottom 25% of dividend payers in the US market (1.31%).
High Dividend: CRD.B's dividend (1.2%) is low compared to the top 25% of dividend payers in the US market (3.64%).
Stability and Growth of Payments
Stable Dividend: CRD.B's dividend payments have been volatile in the past 10 years.
Growing Dividend: CRD.B's dividend payments have increased over the past 10 years.
Current Payout to Shareholders
Dividend Coverage: At its current payout ratio (77.9%), CRD.B's payments are covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: CRD.B's dividends in 3 years are forecast to be well covered by earnings (24.6% payout ratio).
Next Steps
Management
How experienced are the management team and are they aligned to shareholders interests?
6.4yrs
Average management tenure
CEO
Rohit Verma (45 yo)
0.83
Tenure
US$1,442,248
Compensation
Mr. Rohit Verma has been Chief Executive Officer at Crawford & Company since May 15, 2020. He serves as Employee Director at Crawford & Company since May 15, 2020. He served as Executive Vice President and...
CEO Compensation Analysis
Compensation vs Market: Rohit's total compensation ($USD1.44M) is about average for companies of similar size in the US market ($USD1.52M).
Compensation vs Earnings: Rohit's compensation has been consistent with company performance over the past year.
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| CEO & Employee Director | 0.83yr | US$1.44m | 0.25% $ 1.4m | |
| Executive VP & CFO | 14.42yrs | US$1.13m | 0.48% $ 2.6m | |
| Global President of Platform Solutions | 22.17yrs | US$1.18m | 0.24% $ 1.3m | |
| President | 0.83yr | no data | 0.31% $ 1.7m | |
| Senior VP | 6.42yrs | no data | 0.085% $ 465.2k | |
| General Counsel & Corporate Secretary | no data | no data | 0.013% $ 72.1k | |
| Chief People Officer & Senior VP | 5.17yrs | no data | 0.13% $ 732.9k | |
| Head of Corporate & Major Incident Team | no data | no data | no data | |
| Senior Vice President of Compliance & Quality | no data | no data | no data | |
| Chief Client Officer of Global Client Development | no data | no data | 0.039% $ 213.2k | |
| Senior Vice President | no data | no data | no data | |
| President of Europe | 11.17yrs | no data | no data |
6.4yrs
Average Tenure
51yo
Average Age
Experienced Management: CRD.B's management team is seasoned and experienced (6.4 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| CEO & Employee Director | 0.83yr | US$1.44m | 0.25% $ 1.4m | |
| President | 0.83yr | no data | 0.31% $ 1.7m | |
| Director | 10.58yrs | US$2.01m | 0.53% $ 2.9m | |
| Independent Director | 34.92yrs | US$179.99k | 44.85% $ 246.0m | |
| Independent Non-Executive Chairman of the Board | 11.17yrs | US$280.48k | 0.85% $ 4.7m | |
| Independent Director | 1.83yrs | US$105.34k | 0.055% $ 299.9k | |
| Independent Director | 3.67yrs | US$171.49k | 0.11% $ 596.2k | |
| Independent Director | 1.08yrs | no data | 0.036% $ 196.6k | |
| Independent Director | 5.08yrs | US$177.99k | 0.12% $ 651.1k | |
| Independent Director | 2.67yrs | US$167.99k | 0.063% $ 345.5k | |
| Independent Director | 5.83yrs | US$156.49k | 2.3% $ 12.6m |
3.7yrs
Average Tenure
56yo
Average Age
Experienced Board: CRD.B's board of directors are considered experienced (3.7 years average tenure).
Ownership
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.
Recent Insider Transactions
Ownership Breakdown
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Top Shareholders
Company Information
Crawford & Company's company bio, employee growth, exchange listings and data sources
Key Information
- Name: Crawford & Company
- Ticker: CRD.B
- Exchange: NYSE
- Founded: 1941
- Industry: Insurance Brokers
- Sector: Insurance
- Market Cap: US$548.486m
- Shares outstanding: 53.31m
- Website: https://www.crawco.com
Number of Employees
Location
- Crawford & Company
- 5335 Triangle Parkway
- Peachtree Corners
- Atlanta
- Georgia
- 30092-6500
- United States
Listings
| Ticker | Exchange | Primary Security | Security Type | Country | Currency | Listed on |
|---|---|---|---|---|---|---|
| CRD.B | NYSE (New York Stock Exchange) | Yes | Class B Common Stock | US | USD | Mar 1969 |
| CRD.A | NYSE (New York Stock Exchange) | Class A Common Stock | US | USD | Jul 1990 | |
| CWK0 | DB (Deutsche Boerse AG) | Class A Common Stock | DE | EUR | Jul 1990 |
Biography
Crawford & Company provides claims management and outsourcing solutions for carriers, brokers, and corporates in the United States, the United Kingdom, Europe, Canada, Australia, and internationally. The c...
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2021/03/07 00:51 |
| End of Day Share Price | 2021/03/05 00:00 |
| Earnings | 2020/12/31 |
| Annual Earnings | 2020/12/31 |
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.