Reported Earnings • May 06
First quarter 2026 earnings: EPS and revenues miss analyst expectations First quarter 2026 results: EPS: US$0.10 (down from US$0.14 in 1Q 2025). Revenue: US$309.5m (flat on 1Q 2025). Net income: US$4.91m (down 27% from 1Q 2025). Profit margin: 1.6% (down from 2.1% in 1Q 2025). Revenue missed analyst estimates by 1.4%. Earnings per share (EPS) also missed analyst estimates by 58%. Revenue is forecast to grow 3.1% p.a. on average during the next 2 years, compared to a 2.7% growth forecast for the Insurance industry in the US. Over the last 3 years on average, earnings per share has increased by 40% per year but the company’s share price has only increased by 4% per year, which means it is significantly lagging earnings growth. New Risk • May 05
New major risk - Revenue and earnings growth Earnings have declined by 5.6% per year over the past 5 years. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are declining over an extended period, then in most cases the share price will decline over time unless the company can turn around its fortunes. A trend of falling earnings can be very difficult to turn around. If the company is well already established it may also be a sign the company has matured and is in decline. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. Currently, the following risks have been identified for the company: Major Risk Earnings have declined by 5.6% per year over the past 5 years. Minor Risks High level of debt (73% net debt to equity). Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Large one-off items impacting financial results. Price Target Changed • Apr 21
Price target increased by 7.7% to US$14.00 Up from US$13.00, the current price target is provided by 1 analyst. New target price is 40% above last closing price of US$10.00. Stock is down 2.1% over the past year. The company is forecast to post earnings per share of US$1.00 for next year compared to US$0.40 last year. Announcement • Apr 21
Crawford & Company to Report Q1, 2026 Results on May 04, 2026 Crawford & Company announced that they will report Q1, 2026 results at 4:15 PM, US Eastern Standard Time on May 04, 2026 Announcement • Apr 10
Crawford & Company, Annual General Meeting, May 14, 2026 Crawford & Company, Annual General Meeting, May 14, 2026. Location: 5335 triangle parkway, peachtree corners, georgia 30092, United States Announcement • Apr 01
Crawford & Company Names Jemin Thakkar Global Chief Information Officer, Effective April 1, 2026 Crawford & Company announced that Jemin Thakkar has been named global chief information officer (CIO), effective April 1, 2026. Thakkar will report directly to President & CEO Bruce Swain and will lead Crawford’s global IT and technology organization. Thakkar has served as Crawford’s chief information security officer, where he helped strengthen the company’s technology foundation and advance its cybersecurity posture. In his expanded role, he will have responsibility for all IT functions, creating a more unified structure across the company. The new organizational model is intended to strengthen how Crawford governs, aligns and executes technology globally, with a focus on enabling better data integration and analytics, creating clearer accountability for technology decisions and investments and accelerating enterprise modernization and transformation. The global CIO organization will operate with strong central governance, shared platforms and enterprise alignment, while preserving local execution, accountability and business partnership in each region. As CIO, Thakkar will prioritize partnership with the business and a clear focus on client outcomes – strengthening the technology and data capabilities that help teams serve clients more efficiently, improve responsiveness and elevate the customer experience. In addition, he will lead the company’s efforts to responsibly accelerate the adoption of artificial intelligence (AI), supported by disciplined data practices and security by design. Announcement • Feb 21
Crawford & Company to Report Q4, 2025 Results on Mar 02, 2026 Crawford & Company announced that they will report Q4, 2025 results at 4:15 PM, US Eastern Standard Time on Mar 02, 2026 Announcement • Feb 07
Crawford & Company Board Declares Quarterly Dividends, Payable on March 6, 2026 Crawford & Company approved a quarterly dividend of $0.075 per share on both Class A and Class B Common Stock. The dividend is payable on March 6, 2026, to shareholders of record as of the close of business on February 23, 2026. Buy Or Sell Opportunity • Jan 08
Now 21% overvalued after recent price rise Over the last 90 days, the stock has risen 8.9% to US$10.66. The fair value is estimated to be US$8.84, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 3.1% over the last 3 years. Meanwhile, the company has become profitable. Revenue is forecast to grow by 6.7% in 2 years. Earnings are forecast to grow by 69% in the next 2 years. Buy Or Sell Opportunity • Dec 12
Now 21% overvalued after recent price rise Over the last 90 days, the stock has risen 7.6% to US$10.71. The fair value is estimated to be US$8.82, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 3.1% over the last 3 years. Meanwhile, the company has become profitable. Revenue is forecast to grow by 3.2% in a year. Earnings are forecast to grow by 22% in the next year. Buy Or Sell Opportunity • Nov 25
Now 20% overvalued Over the last 90 days, the stock has fallen 2.9% to US$10.59. The fair value is estimated to be US$8.82, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 3.1% over the last 3 years. Meanwhile, the company has become profitable. Revenue is forecast to grow by 3.2% in a year. Earnings are forecast to grow by 22% in the next year. Buy Or Sell Opportunity • Nov 10
Now 22% overvalued after recent price rise Over the last 90 days, the stock has risen 14% to US$10.79. The fair value is estimated to be US$8.87, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 3.1% over the last 3 years. Meanwhile, the company has become profitable. Declared Dividend • Nov 06
Third quarter dividend of US$0.075 announced Shareholders will receive a dividend of US$0.075. Ex-date: 19th November 2025 Payment date: 5th December 2025 Dividend yield will be 2.9%, which is higher than the industry average of 1.9%. Sustainability & Growth Dividend is well covered by both earnings (43% earnings payout ratio) and cash flows (28% cash payout ratio). The dividend has increased by an average of 4.1% per year over the past 10 years. However, payments have been volatile during that time. Earnings per share has grown by 25% over the last 5 years. Unless this trend reverses, it should provide support to the dividend and adequate earnings cover. Reported Earnings • Nov 04
Third quarter 2025 earnings: EPS and revenues miss analyst expectations Third quarter 2025 results: EPS: US$0.25 (up from US$0.19 in 3Q 2024). Revenue: US$332.8m (up 1.0% from 3Q 2024). Net income: US$12.4m (up 31% from 3Q 2024). Profit margin: 3.7% (up from 2.9% in 3Q 2024). Revenue missed analyst estimates by 6.4%. Earnings per share (EPS) also missed analyst estimates by 7.4%. Revenue is forecast to grow 6.0% p.a. on average during the next 2 years, compared to a 5.1% growth forecast for the Insurance industry in the US. Over the last 3 years on average, earnings per share has increased by 75% per year but the company’s share price has only increased by 20% per year, which means it is significantly lagging earnings growth. Announcement • Nov 04
Crawford & Company Declares Quarterly Dividend, Payable on December 5, 2025 Crawford & Company declared a quarterly dividend of $0.075 per share on both Class A and Class B Common Stock. The dividend is payable on December 5, 2025, to shareholders of record as of the close of business on November 19, 2025. Announcement • Oct 21
Crawford & Company to Report Q3, 2025 Results on Nov 03, 2025 Crawford & Company announced that they will report Q3, 2025 results at 4:15 PM, US Eastern Standard Time on Nov 03, 2025 Buy Or Sell Opportunity • Sep 26
Now 21% overvalued after recent price rise Over the last 90 days, the stock has risen 1.2% to US$10.31. The fair value is estimated to be US$8.53, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 3.6% over the last 3 years. Earnings per share has grown by 59%. Revenue is forecast to grow by 4.7% in a year. Earnings are forecast to grow by 41% in the next year. Buy Or Sell Opportunity • Sep 11
Now 21% overvalued after recent price rise Over the last 90 days, the stock has risen 8.3% to US$10.18. The fair value is estimated to be US$8.44, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 3.6% over the last 3 years. Earnings per share has grown by 59%. Revenue is forecast to grow by 4.7% in a year. Earnings are forecast to grow by 41% in the next year. Valuation Update With 7 Day Price Move • Aug 14
Investor sentiment improves as stock rises 15% After last week's 15% share price gain to US$10.19, the stock trades at a trailing P/E ratio of 17.1x. Average forward P/E is 11x in the Insurance industry in the US. Total returns to shareholders of 68% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at US$8.60 per share. Buy Or Sell Opportunity • Aug 13
Now 21% overvalued Over the last 90 days, the stock has fallen 4.5% to US$10.25. The fair value is estimated to be US$8.49, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 3.6% over the last 3 years. Earnings per share has grown by 59%. Revenue is forecast to grow by 5.7% in a year. Earnings are forecast to grow by 43% in the next year. Major Estimate Revision • Aug 11
Consensus EPS estimates fall by 11% The consensus outlook for fiscal year 2025 has been updated. 2025 EPS estimate fell from US$0.97 to US$0.86 per share. Revenue forecast steady at US$1.35b. Net income forecast to grow 43% next year vs 13% growth forecast for Insurance industry in the US. Consensus price target of US$14.00 unchanged from last update. Share price fell 3.7% to US$8.87 over the past week. Reported Earnings • Aug 05
Second quarter 2025 earnings: EPS and revenues miss analyst expectations Second quarter 2025 results: EPS: US$0.16 (down from US$0.17 in 2Q 2024). Revenue: US$323.0m (up 2.8% from 2Q 2024). Net income: US$7.78m (down 9.3% from 2Q 2024). Profit margin: 2.4% (down from 2.7% in 2Q 2024). The decrease in margin was driven by higher expenses. Revenue missed analyst estimates by 2.4%. Earnings per share (EPS) also missed analyst estimates by 38%. Revenue is forecast to grow 5.2% p.a. on average during the next 2 years, compared to a 5.4% growth forecast for the Insurance industry in the US. Over the last 3 years on average, earnings per share has increased by 59% per year but the company’s share price has only increased by 12% per year, which means it is significantly lagging earnings growth. Declared Dividend • Aug 04
First quarter dividend increased to US$0.075 Dividend of US$0.075 is 7.1% higher than last year. Ex-date: 15th August 2025 Payment date: 29th August 2025 Dividend yield will be 3.1%, which is higher than the industry average of 1.9%. Sustainability & Growth Dividend is covered by both earnings (45% earnings payout ratio) and cash flows (86% cash payout ratio). The dividend has increased by an average of 3.4% per year over the past 10 years. However, payments have been volatile during that time. Earnings per share has grown by 3.5% over the last 5 years. Unless this trend reverses, it should provide support to the dividend and adequate earnings cover. Announcement • Aug 01
Crawford & Company Declares Increased Quarterly Dividend, Payable on August 29, 2025 On July 31, 2025, at its regular quarterly meeting, the Board of Directors of Crawford & Company approved an increased quarterly dividend of $0.075 per share on both Class A and Class B Common Stock, up half a cent from the prior quarter. The dividend is payable on August 29, 2025, to shareholders of record as of the close of business on August 15, 2025. Announcement • Jul 22
Crawford & Company to Report Q2, 2025 Results on Aug 04, 2025 Crawford & Company announced that they will report Q2, 2025 results at 4:15 PM, US Eastern Standard Time on Aug 04, 2025 Announcement • Jun 12
Crawford & Company Appoints Amy Shore as Independent Director and A Member of the Compensation and Human Capital Committee and the Governance Committee, Effective June 6, 2025 Crawford & Company announced the appointment of Amy Shore, CPCU, CLU, age 61, as an independent director, effective June 6, 2025. A seasoned C-suite executive with over 30 years of leadership experience in the financial services industry, Shore brings a wealth of expertise in business transformation, customer experience and operational excellence. As chief transformation officer at Nationwide Insurance, Shore led enterprise-wide initiatives focused on sustainable operational improvements. Previously, as chief customer officer, she was responsible for enhancing customer satisfaction and loyalty across a $60 Billion enterprise, overseeing strategy and experience for over 14 million customers across eight business lines. Ms. Shore retired from Nationwide Insurance in January of 2025. Most recently at Nationwide, Ms. Shore served as Executive Vice President and Chief Transformation Officer where she concentrated on efficient growth strategies and improving long term expense structure. From October 2019 to February 2024, she was Executive Vice President – Chief Customer Officer where she helped redefine and elevate the customer experience. From June 2016 to September 2019, she was President of P&C Sales & Distributions directing the national sales teams. During her 27-year career with Nationwide, Ms. Shore served in a number of executive positions in the P&C industry including sales, underwriting, product/pricing, customer service and general management. A graduate of Bowling Green State University, Ms. Shore now serves as a trustee and board chair. Over the past five years, she has also served as board vice-chair and chair of several committees including investment, compensation and financial affairs. She is also a trustee and secretary of the Columbus (Ohio) Symphony Orchestra board. Ms. Shore will be a member of the Company’s Compensation and Human Capital Committee and the Governance Committee, effective immediately upon her appointment. Declared Dividend • May 12
First quarter dividend of US$0.07 announced Dividend of US$0.07 is the same as last year. Ex-date: 23rd May 2025 Payment date: 6th June 2025 Dividend yield will be 2.8%, which is higher than the industry average of 1.9%. Sustainability & Growth Dividend is covered by both earnings (45% earnings payout ratio) and cash flows (86% cash payout ratio). The dividend has increased by an average of 3.4% per year over the past 10 years. However, payments have been volatile during that time. Earnings per share has grown by 3.5% over the last 5 years. Unless this trend reverses, it should provide support to the dividend and adequate earnings cover. Announcement • May 09
Crawford & Company Declares Quarterly Dividend on Class A and Class B Common Stocks, Payable on June 6, 2025 Crawford & Company announced that on May 7, 2025, at its regular quarterly meeting, the Board of Directors declared a quarterly dividend of $0.07 per share on the Class A Common Stock and $0.07 per share on the Class B Common Stock, payable on June 6, 2025, to shareholders of record as of the close of business on May 23, 2025. Reported Earnings • May 06
First quarter 2025 earnings: EPS and revenues miss analyst expectations First quarter 2025 results: EPS: US$0.14 (up from US$0.058 in 1Q 2024). Revenue: US$323.3m (up 7.2% from 1Q 2024). Net income: US$6.68m (up 136% from 1Q 2024). Profit margin: 2.1% (up from 0.9% in 1Q 2024). The increase in margin was driven by higher revenue. Revenue missed analyst estimates by 4.3%. Earnings per share (EPS) also missed analyst estimates by 24%. Revenue is forecast to grow 6.2% p.a. on average during the next 2 years, compared to a 5.1% growth forecast for the Insurance industry in the US. Over the last 3 years on average, earnings per share has increased by 39% per year but the company’s share price has only increased by 12% per year, which means it is significantly lagging earnings growth. Announcement • Apr 23
Crawford & Company to Report Q1, 2025 Results on May 05, 2025 Crawford & Company announced that they will report Q1, 2025 results at 4:15 PM, US Eastern Standard Time on May 05, 2025 Announcement • Apr 08
Crawford & Company, Annual General Meeting, May 08, 2025 Crawford & Company, Annual General Meeting, May 08, 2025. Location: 5335 triangle parkway, georgia30092., peachtree corners United States Reported Earnings • Mar 04
Full year 2024 earnings: EPS misses analyst expectations Full year 2024 results: EPS: US$0.54 (down from US$0.63 in FY 2023). Revenue: US$1.34b (up 5.8% from FY 2023). Net income: US$26.6m (down 13% from FY 2023). Profit margin: 2.0% (down from 2.4% in FY 2023). The decrease in margin was driven by higher expenses. Revenue was in line with analyst estimates. Earnings per share (EPS) missed analyst estimates by 25%. Over the last 3 years on average, earnings per share has increased by 17% per year whereas the company’s share price has increased by 18% per year. Announcement • Feb 18
Crawford & Company to Report Q4, 2024 Results on Mar 03, 2025 Crawford & Company announced that they will report Q4, 2024 results at 4:15 PM, Eastern Standard Time on Mar 03, 2025 Declared Dividend • Feb 12
Third quarter dividend of US$0.07 announced Dividend of US$0.07 is the same as last year. Ex-date: 24th February 2025 Payment date: 7th March 2025 Dividend yield will be 2.4%, which is higher than the industry average of 1.9%. Sustainability & Growth Dividend is covered by earnings (68% earnings payout ratio) but not covered by cash flows (162% cash payout ratio). The dividend has increased by an average of 5.8% per year over the past 10 years. However, payments have been volatile during that time. EPS is expected to grow by 65% over the next year, which should provide support to the dividend and adequate earnings cover. Announcement • Feb 07
Crawford & Company Declares Quarterly Dividend, Payable on March 7, 2025 Crawford & Company announced that on February 6, 2025, at its regular quarterly meeting, the Board of Directors declared a quarterly dividend of $0.07 per share on the Class A Common Stock and $0.07 per share on the Class B Common Stock, payable on March 7, 2025, to shareholders of record as of the close of business on February 24, 2025. Declared Dividend • Nov 07
Third quarter dividend of US$0.07 announced Dividend of US$0.07 is the same as last year. Ex-date: 19th November 2024 Payment date: 6th December 2024 Dividend yield will be 2.3%, which is higher than the industry average of 1.9%. Sustainability & Growth Dividend is covered by earnings (68% earnings payout ratio) but not covered by cash flows (162% cash payout ratio). The dividend has increased by an average of 5.8% per year over the past 10 years. However, payments have been volatile during that time. EPS is expected to grow by 65% over the next year, which should provide support to the dividend and adequate earnings cover. Reported Earnings • Nov 05
Third quarter 2024 earnings: EPS misses analyst expectations Third quarter 2024 results: EPS: US$0.19 (down from US$0.25 in 3Q 2023). Revenue: US$342.7m (up 5.3% from 3Q 2023). Net income: US$9.45m (down 23% from 3Q 2023). Profit margin: 2.8% (down from 3.8% in 3Q 2023). The decrease in margin was driven by higher expenses. Revenue was in line with analyst estimates. Earnings per share (EPS) missed analyst estimates by 21%. Revenue is forecast to grow 3.7% p.a. on average during the next 2 years, compared to a 5.2% growth forecast for the Insurance industry in the US. Over the last 3 years on average, earnings per share has fallen by 7% per year but the company’s share price has increased by 14% per year, which means it is well ahead of earnings. Announcement • Nov 05
Crawford & Company Declares Quarterly Dividend, Payable on December 6, 2024 Crawford & Company® announced that on October 31, 2024, at its regular quarterly meeting, the Board of Directors declared a quarterly dividend of $0.07 per share on the Class A Common Stock and $0.07 per share on the Class B Common Stock, payable on December 6, 2024, to shareholders of record as of the close of business on November 19, 2024. Buy Or Sell Opportunity • Oct 28
Now 21% overvalued after recent price rise Over the last 90 days, the stock has risen 26% to US$11.44. The fair value is estimated to be US$9.45, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 6.7% over the last 3 years. Meanwhile, the company has become profitable. Revenue is forecast to grow by 5.4% in a year. Earnings are forecast to grow by 71% in the next year. Announcement • Oct 23
Crawford & Company to Report Q3, 2024 Results on Nov 04, 2024 Crawford & Company announced that they will report Q3, 2024 results at 4:15 PM, US Eastern Standard Time on Nov 04, 2024 Buy Or Sell Opportunity • Oct 09
Now 22% overvalued after recent price rise Over the last 90 days, the stock has risen 38% to US$11.61. The fair value is estimated to be US$9.48, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 6.7% over the last 3 years. Meanwhile, the company has become profitable. Revenue is forecast to grow by 5.6% in a year. Earnings are forecast to grow by 73% in the next year. Buy Or Sell Opportunity • Sep 20
Now 22% overvalued after recent price rise Over the last 90 days, the stock has risen 30% to US$11.43. The fair value is estimated to be US$9.39, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 6.7% over the last 3 years. Meanwhile, the company has become profitable. Revenue is forecast to grow by 5.6% in a year. Earnings are forecast to grow by 73% in the next year. Major Estimate Revision • Aug 12
Consensus EPS estimates fall by 12% The consensus outlook for earnings per share (EPS) in fiscal year 2024 has deteriorated. 2024 revenue forecast decreased from US$1.31b to US$1.29b. EPS estimate also fell from US$0.82 per share to US$0.72 per share. Net income forecast to grow 74% next year vs 18% growth forecast for Insurance industry in the US. Consensus price target of US$11.00 unchanged from last update. Share price rose 3.8% to US$8.80 over the past week. Reported Earnings • Aug 06
Second quarter 2024 earnings: EPS and revenues miss analyst expectations Second quarter 2024 results: EPS: US$0.17 (up from US$0.17 in 2Q 2023). Revenue: US$326.9m (up 1.9% from 2Q 2023). Net income: US$8.58m (up 1.9% from 2Q 2023). Profit margin: 2.6% (in line with 2Q 2023). Revenue missed analyst estimates by 5.4%. Earnings per share (EPS) also missed analyst estimates by 23%. Revenue is forecast to grow 5.3% p.a. on average during the next 2 years, compared to a 5.3% growth forecast for the Insurance industry in the US. Over the last 3 years on average, earnings per share has fallen by 29% per year but the company’s share price has only fallen by 3% per year, which means it has not declined as severely as earnings. Declared Dividend • Jul 29
First quarter dividend of US$0.07 announced Dividend of US$0.07 is the same as last year. Ex-date: 12th August 2024 Payment date: 30th August 2024 Dividend yield will be 3.0%, which is higher than the industry average of 1.9%. Sustainability & Growth Dividend is covered by both earnings (58% earnings payout ratio) and cash flows (29% cash payout ratio). The dividend has increased by an average of 5.8% per year over the past 10 years. However, payments have been volatile during that time. EPS is expected to grow by 53% over the next year, which should provide support to the dividend and adequate earnings cover. Announcement • Jul 26
Crawford & Company Declares Quarterly Dividend on Class A and Class B Common Stocks, Payable on August 30, 2024 Crawford & Company announced that on July 25, 2024, at its regular quarterly meeting, the Board of Directors declared a quarterly dividend of $0.07 per share on the Class A Common Stock and $0.07 per share on the Class B Common Stock, payable on August 30, 2024, to shareholders of record as of the close of business on August 12, 2024. Announcement • Jul 23
Crawford & Company to Report Q2, 2024 Results on Aug 05, 2024 Crawford & Company announced that they will report Q2, 2024 results at 4:15 PM, US Eastern Standard Time on Aug 05, 2024 Announcement • Jul 03
Crawford & Company(NYSE:CRD.A) dropped from Russell 2000 Defensive Index Crawford & Company(NYSE:CRD.A) dropped from Russell 2000 Defensive Index Announcement • Jun 27
Crawford & Company Announces the Appointment of Joel Murphy as an Independent Director Crawford & Company announced the appointment of Joel Murphy as an independent director, effective June 25, 2024. Murphy boasts an impressive background with 35 years of experience in national capital markets, real estate acquisition and development, market analysis, board membership and legal expertise. From 2019 to 2022, Murphy served as president, CEO and board chair of Preferred Apartment Communities Inc. Prior to becoming CEO of PAC, Murphy founded and grew New Market Properties, LLC as a wholly owned subsidiary of PAC and served as president. Currently, he is chief executive officer of Murphy Capital and Advisory Group LLC, a consulting firm and advisory which promotes and guides quality growth and capital strategies for private and public companies. Murphy is a Phi Beta Kappa graduate in Economics from the University of North Carolina at Chapel Hill and a Law Review and honors graduate of the University of Georgia School of Law. He was previously recognized as one of Atlanta’s “Most Admired CEOs” by the Atlanta Business Chronicle and currently serves on the Board of Directors for The Orvis Company. New Risk • May 29
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of American stocks, typically moving 10% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Minor Risks High level of debt (129% net debt to equity). Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Share price has been volatile over the past 3 months (10% average weekly change). Buy Or Sell Opportunity • May 28
Now 21% undervalued after recent price drop Over the last 90 days, the stock has fallen 22% to US$8.76. The fair value is estimated to be US$11.12, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 8.1% over the last 3 years. Meanwhile, the company has become profitable. Revenue is forecast to grow by 5.9% in a year. Earnings are forecast to grow by 74% in the next year. Declared Dividend • May 15
First quarter dividend of US$0.07 announced Shareholders will receive a dividend of US$0.07. Ex-date: 23rd May 2024 Payment date: 7th June 2024 Dividend yield will be 3.0%, which is higher than the industry average of 1.9%. Sustainability & Growth Dividend is covered by both earnings (58% earnings payout ratio) and cash flows (29% cash payout ratio). The dividend has increased by an average of 5.8% per year over the past 10 years. However, payments have been volatile during that time. EPS is expected to grow by 53% over the next year, which should provide support to the dividend and adequate earnings cover. Announcement • May 11
Crawford & Company Declares Quarterly Dividend, Payable on June 7, 2024 Crawford & Company announced that on May 10, 2024, at its regular quarterly meeting, the Board of Directors declared a quarterly dividend of $0.07 per share on the Class A Common Stock and $0.07 per share on the Class B Common Stock, payable on June 7, 2024, to shareholders of record as of the close of business on May 24, 2024. Reported Earnings • May 02
First quarter 2024 earnings: EPS misses analyst expectations First quarter 2024 results: EPS: US$0.058 (down from US$0.22 in 1Q 2023). Revenue: US$313.1m (flat on 1Q 2023). Net income: US$2.84m (down 73% from 1Q 2023). Profit margin: 0.9% (down from 3.4% in 1Q 2023). Revenue was in line with analyst estimates. Earnings per share (EPS) missed analyst estimates by 68%. Revenue is forecast to grow 6.2% p.a. on average during the next 2 years, compared to a 5.9% growth forecast for the Insurance industry in the US. Over the last 3 years on average, earnings per share has fallen by 46% per year but the company’s share price has increased by 2% per year, which means it is well ahead of earnings. Buy Or Sell Opportunity • Apr 29
Now 22% undervalued after recent price drop Over the last 90 days, the stock has fallen 24% to US$9.23. The fair value is estimated to be US$11.79, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 9.0% over the last 3 years. Meanwhile, the company has become profitable. Revenue is forecast to grow by 10% in 2 years. Earnings are forecast to grow by 85% in the next 2 years. Announcement • Apr 20
Crawford & Company to Report Q1, 2024 Results on May 01, 2024 Crawford & Company announced that they will report Q1, 2024 results at 4:15 PM, US Eastern Standard Time on May 01, 2024 Announcement • Apr 06
Crawford & Company, Annual General Meeting, May 10, 2024 Crawford & Company, Annual General Meeting, May 10, 2024, at 14:00 US Eastern Standard Time. Location: Crawford & Company , 5335 Triangle Parkway, Peachtree Corners Georgia United States Agenda: To elect nine (9) directors to serve until the next annual meeting of shareholders and until their successors are elected and qualified; to approve amendments to the Crawford & Company Non-Employee Director Stock Plan and to authorize 1,000,000 additional shares of Class A Common Stock for issuance under the plan; to ratify the appointment of Ernst & Young LLP as the independent registered public accounting firm for the Company for the 2024 fiscal year; and to transact any and all other such business as may properly come before the Annual Meeting, including any adjournment or postponement thereof. Valuation Update With 7 Day Price Move • Mar 11
Investor sentiment deteriorates as stock falls 32% After last week's 32% share price decline to US$8.00, the stock trades at a forward P/E ratio of 8x. Average forward P/E is 11x in the Insurance industry in the US. Total loss to shareholders of 11% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at US$11.79 per share. Major Estimate Revision • Mar 11
Consensus EPS estimates fall by 26% The consensus outlook for earnings per share (EPS) in fiscal year 2024 has deteriorated. 2024 revenue forecast decreased from US$1.36b to US$1.33b. EPS estimate also fell from US$1.40 per share to US$1.03 per share. Net income forecast to grow 61% next year vs 24% growth forecast for Insurance industry in the US. Consensus price target of US$11.00 unchanged from last update. Share price fell 32% to US$8.00 over the past week. Reported Earnings • Mar 05
Full year 2023 earnings: EPS and revenues miss analyst expectations Full year 2023 results: EPS: US$0.63 (up from US$0.37 loss in FY 2022). Revenue: US$1.32b (up 11% from FY 2022). Net income: US$30.6m (up US$48.9m from FY 2022). Profit margin: 2.3% (up from net loss in FY 2022). The move to profitability was driven by higher revenue. Revenue missed analyst estimates by 1.0%. Earnings per share (EPS) also missed analyst estimates by 32%. Over the last 3 years on average, earnings per share has fallen by 53% per year but the company’s share price has only fallen by 4% per year, which means it has not declined as severely as earnings. Buy Or Sell Opportunity • Feb 26
Now 24% overvalued after recent price rise Over the last 90 days, the stock has risen 27% to US$12.47. The fair value is estimated to be US$10.05, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 9.5% over the last 3 years. Meanwhile, the company has become profitable. Revenue is forecast to grow by 4.7% in a year. Earnings are forecast to grow by 227% in the next year. Announcement • Feb 24
Crawford & Company to Report Q4, 2023 Results on Mar 04, 2024 Crawford & Company announced that they will report Q4, 2023 results at 4:15 PM, US Eastern Standard Time on Mar 04, 2024 Upcoming Dividend • Feb 16
Upcoming dividend of US$0.07 per share Eligible shareholders must have bought the stock before 23 February 2024. Payment date: 08 March 2024. Payout ratio is a comfortable 70% and this is well supported by cash flows. Trailing yield: 2.2%. Lower than top quartile of American dividend payers (4.7%). Higher than average of industry peers (1.8%). Declared Dividend • Feb 12
Third quarter dividend of US$0.07 announced Shareholders will receive a dividend of US$0.07. Ex-date: 23rd February 2024 Payment date: 8th March 2024 Dividend yield will be 2.2%, which is higher than the industry average of 1.9%. Sustainability & Growth Dividend is covered by both earnings (70% earnings payout ratio) and cash flows (18% cash payout ratio). The dividend has increased by an average of 8.8% per year over the past 10 years. However, payments have been volatile during that time. EPS is expected to grow by 83% over the next year, which should provide support to the dividend and adequate earnings cover. Announcement • Feb 10
Crawford & Company Declares Dividend, Payable on March 8, 2024 Crawford & Company® announced that on February 8, 2024, at its regular quarterly meeting, the Board of Directors declared a quarterly dividend of $0.07 per share on the Class A Common Stock and $0.07 per share on the Class B Common Stock, payable on March 8, 2024, to shareholders of record as of the close of business on February 26, 2024. Buy Or Sell Opportunity • Feb 10
Now 22% overvalued after recent price rise Over the last 90 days, the stock has risen 32% to US$12.31. The fair value is estimated to be US$10.05, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 9.5% over the last 3 years. Meanwhile, the company has become profitable. Revenue is forecast to grow by 4.7% in a year. Earnings are forecast to grow by 227% in the next year. Announcement • Nov 29
Crawford & Company Announces the Resignation of Joseph O. Blanco as President and as A Member of the Board of Directors, Effective December 31, 2023 On November 21, 2023, Joseph O. Blanco, President of Crawford & Company gave notice to the Company that he will resign from his position as President and as a member of the Board of Directors of the Company effective December 31, 2023. Mr. Blanco has served as a valuable member of the Board since May 15, 2020, and his decision to resign is not due to any disagreement. Reported Earnings • Nov 07
Third quarter 2023 earnings: EPS misses analyst expectations Third quarter 2023 results: EPS: US$0.42 (up from US$0.31 loss in 3Q 2022). Revenue: US$337.7m (up 14% from 3Q 2022). Net income: US$12.3m (up US$27.5m from 3Q 2022). Profit margin: 3.6% (up from net loss in 3Q 2022). The move to profitability was driven by higher revenue. Revenue was in line with analyst estimates. Earnings per share (EPS) missed analyst estimates by 14%. Revenue is forecast to grow 5.2% p.a. on average during the next 2 years, compared to a 6.3% growth forecast for the Insurance industry in the US. Over the last 3 years on average, earnings per share has fallen by 55% per year but the company’s share price has increased by 5% per year, which means it is well ahead of earnings. Price Target Changed • Nov 07
Price target increased by 47% to US$11.00 Up from US$7.50, the current price target is provided by 1 analyst. New target price is 24% above last closing price of US$8.88. Stock is up 53% over the past year. The company is forecast to post earnings per share of US$1.02 next year compared to a net loss per share of US$0.37 last year. Announcement • Oct 25
Crawford & Company to Report Q3, 2023 Results on Nov 06, 2023 Crawford & Company announced that they will report Q3, 2023 results at 4:15 PM, US Eastern Standard Time on Nov 06, 2023 Upcoming Dividend • Aug 10
Upcoming dividend of US$0.07 per share at 2.8% yield Eligible shareholders must have bought the stock before 17 August 2023. Payment date: 01 September 2023. The company is not currently making a profit but it is cash flow positive. Trailing yield: 2.8%. Lower than top quartile of American dividend payers (4.7%). Higher than average of industry peers (2.2%). Reported Earnings • Aug 04
Second quarter 2023 earnings: EPS misses analyst expectations Second quarter 2023 results: EPS: US$0.17 (up from US$0.12 in 2Q 2022). Revenue: US$333.7m (up 14% from 2Q 2022). Net income: US$8.43m (up 45% from 2Q 2022). Profit margin: 2.5% (up from 2.0% in 2Q 2022). Revenue was in line with analyst estimates. Earnings per share (EPS) missed analyst estimates by 29%. Revenue is forecast to grow 6.0% p.a. on average during the next 2 years, compared to a 5.2% growth forecast for the Insurance industry in the US. Over the last 3 years on average, earnings per share has fallen by 54% per year but the company’s share price has increased by 5% per year, which means it is well ahead of earnings. Announcement • Aug 01
Crawford & Company Declares Quarterly Dividend on Class A and Class B Common Stock, Payable on September 1, 2023 On July 28, 2023, Crawford & Company at its regular quarterly meeting, the Board of Directors of the company declared an increased quarterly dividend from $0.06 per share to $0.07 per share on both the Class A and Class B Common Stock, payable on September 1, 2023, to shareholders of record as of the close of business on August 18, 2023. Announcement • Jul 23
Crawford & Company to Report Q2, 2023 Results on Aug 03, 2023 Crawford & Company announced that they will report Q2, 2023 results at 4:15 PM, US Eastern Standard Time on Aug 03, 2023 Announcement • Jun 25
Crawford & Company(NYSE:CRD.A) dropped from Russell 2000 Value-Defensive Index Crawford & Company(NYSE:CRD.A) dropped from Russell 2000 Value-Defensive Index Board Change • Jun 02
Insufficient new directors There is 1 new director who has joined the board in the last 3 years. The company's board is composed of: 1 new director. 7 experienced directors. 3 highly experienced directors. Independent Director Cameron Bready was the last director to join the board, commencing their role in 2022. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. Announcement • May 13
Crawford & Company Declares Quarterly Dividend on Class A Common Stock and Class B Common Stock, Payable on June 9, 2023 Crawford & Company announced that on May 12, 2023, at its regular quarterly meeting, the Board of Directors declared a quarterly dividend of $0.06 per share on the Class A Common Stock and $0.06 per share on the Class B Common Stock, payable on June 9, 2023, to shareholders of record as of the close of business on May 26, 2023. Price Target Changed • May 06
Price target increased by 7.1% to US$7.50 Up from US$7.00, the current price target is an average from 2 analysts. New target price is 6.7% below last closing price of US$8.04. Stock is up 12% over the past year. The company is forecast to post earnings per share of US$1.01 next year compared to a net loss per share of US$0.37 last year. Reported Earnings • May 04
First quarter 2023 earnings released: EPS: US$0.22 (vs US$0.099 in 1Q 2022) First quarter 2023 results: EPS: US$0.22 (up from US$0.099 in 1Q 2022). Revenue: US$313.0m (up 12% from 1Q 2022). Net income: US$10.7m (up 110% from 1Q 2022). Profit margin: 3.4% (up from 1.8% in 1Q 2022). Revenue is forecast to grow 6.4% p.a. on average during the next 2 years, compared to a 5.7% growth forecast for the Insurance industry in the US. Over the last 3 years on average, earnings per share has fallen by 25% per year but the company’s share price has increased by 13% per year, which means it is well ahead of earnings. Reported Earnings • Mar 07
Full year 2022 earnings: EPS misses analyst expectations Full year 2022 results: US$0.37 loss per share (down from US$0.58 profit in FY 2021). Revenue: US$1.23b (up 12% from FY 2021). Net loss: US$18.3m (down 160% from profit in FY 2021). Revenue was in line with analyst estimates. Earnings per share (EPS) missed analyst estimates. Over the last 3 years on average, earnings per share has fallen by 2% per year whereas the company’s share price has fallen by 4% per year. 