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CorVel Corporation (CRVL)

Financial Services | Insurance Brokers | Fort Worth, United States | NasdaqGS
57.40 USD +0.99 (1.755%) ⇧ (April 22, 2026, 4 p.m. EDT)

Short-term:★☆☆☆☆Long-term:★★★★☆Dividends:☆☆☆☆☆
Hot Take | April 18, 2026, 11:26 p.m. EDT

CRVL is a fundamental value trap trapped in a technical correction; despite a 30% gap between current price (56) and the 200-day average (72), the balance sheet is pristine with low debt and high ROE, making it a solid medium-term buy. However, for the next month, buyers should be cautious or away due to a speculative consensus fearing a deeper drop to $45, as evidenced by the heavy long put positioning in the July expiry. The recent price recovery from $44 to $56 is a dead cat bounce within a broader downtrend relative to moving averages, yet the intrinsic value remains compelling for patience.

Model Selection — Backtest MAE (log-scale, lower is better)
ModelMAE
AutoARIMA ✓0.204752
AutoTheta0.243186
AutoETS0.256162
MSTL0.259830

Forecast horizon: 45 days | Selected: AutoARIMA

Forecast Reliability
Score 80%
H-stat 0.25
Ljung-Box p 0.000
Jarque-Bera p 0.837
Excess Kurtosis 0.01
Attribute Value
Sector Financial Services
Debt to Equity Ratio 6.906
Revenue per Share 18.339
Market Cap 2,941,575,168
Trailing P/E 28.14
Beta 1.05
Profit Margins 11.23%
Website https://www.corvel.com

As of April 18, 2026, 11:26 p.m. EDT: Options market exhibits clear divergent signals between expirations. The April 17 expiry shows extremely low implied volatility (IV ~1.05%) and negligible open interest, suggesting negligible near-term gamma exposure or hedging for the immediate week. However, the July 17 expiry data reveals a massive 'long put' position (Top OI at 125 lots ~29% of max OI) at the 45 strike. This deep OTM long put cluster suggests bargain hunters or portfolio insurance sellers are positioning for a significant drawdown over the next two months, contrasting with the trivial short-term IV. The put skew (high IV for 45 strikes) indicates a speculative consensus on downside risk rather than upside in the -2 month horizon, though the immediate 2-week outlook remains flat due to the low IV in April.


Info Dump

Attribute Value
52 Week Change -0.48367363
Address1 5,128 Apache Plume Road
Address2 Suite 400
All Time High 128.61
All Time Low 0.324074
Ask 57.98
Ask Size 2
Audit Risk 3
Average Daily Volume10 Day 210,390
Average Daily Volume3 Month 264,985
Average Volume 264,985
Average Volume10Days 210,390
Beta 1.051
Bid 56.45
Bid Size 2
Board Risk 6
Book Value 7.346
City Fort Worth
Compensation As Of Epoch Date 1,767,139,200
Compensation Risk 5
Country United States
Crypto Tradeable 0
Currency USD
Current Price 57.4
Current Ratio 1.852
Custom Price Alert Confidence HIGH
Date Short Interest 1,774,915,200
Day High 57.92
Day Low 56.51
Debt To Equity 6.906
Display Name CorVel
Earnings Call Timestamp End 1,770,136,200
Earnings Call Timestamp Start 1,770,136,200
Earnings Growth 0.022
Earnings Quarterly Growth 0.017
Earnings Timestamp 1,770,125,400
Earnings Timestamp End 1,779,193,800
Earnings Timestamp Start 1,779,193,800
Ebitda 167,835,008
Ebitda Margins 0.17826
Enterprise To Ebitda 16.278
Enterprise To Revenue 2.902
Enterprise Value 2,732,064,768
Eps Trailing Twelve Months 2.04
Esg Populated 0
Exchange NMS
Exchange Data Delayed By 0
Exchange Timezone Name America/New_York
Exchange Timezone Short Name EDT
Fifty Day Average 52.737
Fifty Day Average Change 4.663002
Fifty Day Average Change Percent 0.08841994
Fifty Two Week Change Percent -48.367363
Fifty Two Week High 117.22
Fifty Two Week High Change -59.82
Fifty Two Week High Change Percent -0.51032245
Fifty Two Week Low 44.83
Fifty Two Week Low Change 12.57
Fifty Two Week Low Change Percent 0.2803926
Fifty Two Week Range 44.83 - 117.22
Financial Currency USD
First Trade Date Milliseconds 678,115,800,000
Float Shares 28,717,490
Free Cashflow 98,287,376
Full Exchange Name NasdaqGS
Full Time Employees 5,075
Gmt Off Set Milliseconds -14,400,000
Governance Epoch Date 1,775,001,600
Gross Margins 0.24221
Gross Profits 228,035,008
Has Pre Post Market Data 1
Held Percent Insiders 0.43861
Held Percent Institutions 0.54279
Implied Shares Outstanding 51,246,950
Industry Insurance Brokers
Industry Disp Insurance Brokers
Industry Key insurance-brokers
Ir Website http://www.corvel.com/investor_relations/
Is Earnings Date Estimate 1
Language en-US
Last Fiscal Year End 1,743,379,200
Last Split Date 1,735,171,200
Last Split Factor 3:1
Long Business Summary CorVel Corporation provides workers' compensation, general and auto liability, and hospital bill auditing and payment integrity solutions. It applies technology, including artificial intelligence, machine learning, and natural language processing to enhance the managing of episodes of care and the related health care costs. The company also offers network solutions services, including automated medical fee auditing, preferred provider management and reimbursement, retrospective utilization review, facility claim review, professional review, pharmacy, directed care, clearinghouse, independent medical examination, and inpatient medical bill review services, as well as Medicare solutions. In addition, it provides a range of patient management services, such as claims management, case management, 24/7 nurse triage, utilization management, vocational rehabilitation, and life care planning, as well as processing of claims for self-insured payors with respect to property and casualty insurance. The company offers solutions to employers, third party administrators, insurance companies, and government agencies to assist them in managing the medical costs and monitoring the quality of care associated with healthcare claims. CorVel Corporation was incorporated in 1987 and is based in Fort Worth, Texas.
Long Name CorVel Corporation
Market us_market
Market Cap 2,941,575,168
Market State PRE
Max Age 86,400
Message Board Id finmb_273312
Most Recent Quarter 1,767,139,200
Net Income To Common 105,734,000
Next Fiscal Year End 1,774,915,200
Non Diluted Market Cap 2,934,103,786
Open 56.51
Operating Cashflow 149,092,992
Operating Margins 0.13678999
Overall Risk 6
Payout Ratio 0.0
Peg Ratio -0.11
Phone 817 390 1416
Previous Close 56.41
Price Hint 2
Price To Book 7.813776
Price To Sales Trailing12 Months 3.124373
Profit Margins 0.11229999
Quick Ratio 1.326
Quote Source Name Nasdaq Real Time Price
Quote Type EQUITY
Recommendation Key none
Region US
Regular Market Change 0.990002
Regular Market Change Percent 1.75501
Regular Market Day High 57.92
Regular Market Day Low 56.51
Regular Market Day Range 56.51 - 57.92
Regular Market Open 56.51
Regular Market Previous Close 56.41
Regular Market Price 57.4
Regular Market Time 1,776,888,001
Regular Market Volume 178,792
Return On Assets 0.14441
Return On Equity 0.31256
Revenue Growth 0.034
Revenue Per Share 18.339
Sand P52 Week Change 0.30140376
Sector Financial Services
Sector Disp Financial Services
Sector Key financial-services
Share Holder Rights Risk 6
Shares Outstanding 51,152,437
Shares Percent Shares Out 0.0173
Shares Short 883,936
Shares Short Previous Month Date 1,772,150,400
Shares Short Prior Month 835,370
Short Name CorVel Corp.
Short Percent Of Float 0.0392
Short Ratio 3.69
Source Interval 15
State TX
Symbol CRVL
Total Cash 230,032,992
Total Cash Per Share 4.497
Total Debt 25,948,000
Total Revenue 941,492,992
Tradeable 0
Trailing Annual Dividend Rate 0.0
Trailing Annual Dividend Yield 0.0
Trailing Eps 2.04
Trailing P E 28.137257
Trailing Peg Ratio None
Triggerable 1
Two Hundred Day Average 71.3556
Two Hundred Day Average Change -13.955597
Two Hundred Day Average Change Percent -0.19557816
Type Disp Equity
Volume 178,792
Website https://www.corvel.com
Zip 76,109