Crawford & Company provides claims management and outsourcing solutions to the risk management and insurance industry, and self-insured entities in the United States, the United Kingdom, Europe, Canada, Australia, and internationally.
Moderate growth potential with imperfect 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's share price has been volatile over the past 3 months.
7 Day Return
1 Year Return
Return vs Industry: CRD.B underperformed the US Insurance industry which returned -19.7% over the past year.
Return vs Market: CRD.B underperformed the US Market which returned 4.1% over the past year.
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
1 month ago | Simply Wall StInvestors Who Bought Crawford (NYSE:CRD.B) Shares Three Years Ago Are Now Down 41%
2 months ago | Simply Wall StIs Crawford & Company (NYSE:CRD.B) An Attractive Dividend Stock?
2 months ago | Simply Wall StShould You Be Pleased About The CEO Pay At Crawford & Company's (NYSE:CRD.B)
Is Crawford undervalued compared to its fair value and its price relative to the market?
Price to Book (PB) ratio
Share Price vs. Fair Value
Below Fair Value: CRD.B ($5.63) is trading below our estimate of fair value ($5.76)
Significantly Below Fair Value: CRD.B is trading below fair value, but not by a significant amount.
Price To Earnings Ratio
PE vs Industry: CRD.B is unprofitable, so we can't compare its PE Ratio to the Insurance industry average.
PE vs Market: CRD.B is unprofitable, so we can't compare its PE Ratio to the US market.
Price to Earnings Growth Ratio
PEG Ratio: Insufficient data to calculate CRD.B's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: CRD.B is overvalued based on its PB Ratio (2.1x) compared to the US Insurance industry average (0.9x).
How is Crawford forecast to perform in the next 1 to 3 years based on estimates from 3 analysts?
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: CRD.B is forecast to become profitable over the next 3 years, which is considered faster growth than the savings rate (2.2%).
Earnings vs Market: CRD.B is forecast to become profitable over the next 3 years, which is considered above average market growth.
High Growth Earnings: CRD.B's is expected to become profitable in the next 3 years.
Revenue vs Market: CRD.B's revenue (0.2% per year) is forecast to grow slower than the US market (8.9% per year).
High Growth Revenue: CRD.B's revenue (0.2% per year) is forecast to grow slower than 20% 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
How has Crawford performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: CRD.B is currently unprofitable.
Growing Profit Margin: CRD.B is currently unprofitable.
Past Earnings Growth Analysis
Earnings Trend: CRD.B is unprofitable, but has reduced losses over the past 5 years at a rate of 20.5% per year.
Accelerating Growth: Unable to compare CRD.B's earnings growth over the past year to its 5-year average as it is currently unprofitable
Earnings vs Industry: CRD.B is unprofitable, making it difficult to compare its past year earnings growth to the Insurance industry (-0.4%).
Return on Equity
High ROE: CRD.B has a negative Return on Equity (-6.52%), as it is currently unprofitable.
How is Crawford's financial position?
Financial Position Analysis
Short Term Liabilities: CRD.B's short term assets ($350.0M) exceed its short term liabilities ($238.4M).
Long Term Liabilities: CRD.B's short term assets ($350.0M) do not cover its long term liabilities ($399.1M).
Debt to Equity History and Analysis
Debt Level: CRD.B's debt to equity ratio (157.4%) is considered high.
Reducing Debt: CRD.B's debt to equity ratio has increased from 136.6% to 157.4% over the past 5 years.
Debt Coverage: CRD.B's debt is well covered by operating cash flow (29.4%).
Interest Coverage: CRD.B is unprofitable, therefore interest payments are not well covered by earnings.
What is Crawford's current dividend yield, its reliability and sustainability?
Current Dividend Yield
Upcoming Dividend Payment
Dividend Yield vs Market
Notable Dividend: CRD.B's dividend (3.55%) is higher than the bottom 25% of dividend payers in the US market (1.75%).
High Dividend: CRD.B's dividend (3.55%) is low compared to the top 25% of dividend payers in the US market (4.73%).
Stability and Growth of Payments
Stable Dividend: Whilst dividend payments have been stable, CRD.B has been paying a dividend for less than 10 years.
Growing Dividend: CRD.B's dividend payments have increased, but the company has only paid a dividend for 9 years.
Current Payout to Shareholders
Dividend Coverage: CRD.B is paying a dividend but the company is unprofitable.
Future Payout to Shareholders
Future Dividend Coverage: Insufficient data to determine if a dividend will be paid in 3 years and that it will be covered by earnings.
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Rohit Verma (44yo)
Mr. Rohit Verma has been Chief Executive Officer at Crawford & Company since May 15, 2020. He serves as Employee Director at Crawford & Company since May 15, 2020. He served as Executive Vice President and ...
CEO Compensation Analysis
Compensation vs Market: Rohit's total compensation ($USD1.44M) is below average for companies of similar size in the US market ($USD2.29M).
Compensation vs Earnings: Rohit's compensation has increased whilst the company is unprofitable.
|CEO & Employee Director||no data||US$1.44m||0.21% $684.7k|
|Executive VP & CFO||13.58yrs||US$1.13m||0.46% $1.5m|
|Executive VP & Global President of Crawford Specialty Solutions||21.33yrs||US$1.18m||0.22% $703.1k|
|Executive VP & Global President of Crawford TPA Solutions - Broadspire||no data||US$1.09m||0.26% $844.2k|
|President||no data||no data||0.23% $762.4k|
|Senior VP||5.58yrs||no data||0.076% $246.9k|
|Chief Client Officer of International & Head of Global Markets||5.08yrs||no data||no data|
|Chief People Officer & Senior VP||4.33yrs||no data||0.12% $378.3k|
|Head of Corporate & Major Incident Team||no data||no data||no data|
|Senior Vice President of Compliance & Quality||no data||no data||no data|
Experienced Management: CRD.B's management team is seasoned and experienced (5.6 years average tenure).
|CEO & Employee Director||no data||US$1.44m||0.21% $684.7k|
|President||no data||no data||0.23% $762.4k|
|Independent Director||34.08yrs||US$179.99k||24.43% $79.4m|
|Independent Non-Executive Chairman of the Board||10.33yrs||US$280.48k||0.81% $2.6m|
|Independent Director||1yr||US$105.34k||0.031% $101.8k|
|Independent Director||2.83yrs||US$171.49k||0.074% $239.1k|
|Independent Director||4.25yrs||US$177.99k||0.10% $325.9k|
|Independent Director||1.83yrs||US$167.99k||0.044% $144.4k|
|Independent Director||5yrs||US$156.49k||2.27% $7.4m|
Experienced Board: CRD.B's board of directors are considered experienced (4.6 years average tenure).
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: CRD.B insiders have bought more shares than they have sold in the past 3 months.
Recent Insider Transactions
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Crawford & Company's company bio, employee growth, exchange listings and data sources
- Name: Crawford & Company
- Ticker: CRD.B
- Exchange: NYSE
- Founded: 1941
- Industry: Insurance Brokers
- Sector: Insurance
- Market Cap: US$325.031m
- Shares outstanding: 53.03m
- Website: https://www.crawco.com
Number of Employees
- Crawford & Company
- PO Box 4632
- United States
|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|
Crawford & Company provides claims management and outsourcing solutions to the risk management and insurance industry, and self-insured entities in the United States, the United Kingdom, Europe, Canada, Australia, and internationally. 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. It also offers services in the areas of field investigation, catastrophe, evaluation, and resolution of property and casualty insurance claims; and various on-demand inspection, verification, and other task specific field services for businesses and consumers through a mobile platform. Its Crawford TPA Solutions segment provides claims and risk management services; desktop claim adjusting and claims evaluation services; initial loss reporting services for claimants; loss mitigation services, such as medical bill review and case management, and vocational rehabilitation services; and risk management information services, as well as administers trust funds established to pay claims. The company offers services for workers' compensation, auto and liability, disability absence and medical management, and accident and health markets. Its Crawford Specialty Solutions segment offers claims management services related to large and complex losses in various industries, such as commercial property, aviation, forensic accounting, marine and transportation, retail, building and construction, cyber, and energy. The company also provides a customer-centric solution for various loss types comprising high-frequency and low-complexity claims, and large complex repairs; and outsourced contractor management services to personal and commercial insurance carriers, and consumer markets. Crawford & Company was founded in 1941 and is headquartered in Atlanta, Georgia.
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2020/05/27 09:30|
|End of Day Share Price||2020/05/26 00:00|
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.