Last $7.23 USD
Change Today -0.05 / -0.69%
Volume 32.7K
CRD/B On Other Exchanges
Symbol
Exchange
New York
New York
As of 8:04 PM 05/20/13 All times are local (Market data is delayed by at least 15 minutes).

crawford & co -cl b (CRD/B) Snapshot

Open
$7.20
Previous Close
$7.28
Day High
$7.29
Day Low
$7.12
52 Week High
02/22/13 - $8.60
52 Week Low
07/25/12 - $3.22
Market Cap
340.0M
Average Volume 10 Days
41.4K
EPS TTM
$1.04
Shares Outstanding
24.7M
EX-Date
05/22/13
P/E TM
7.0x
Dividend
$0.12
Dividend Yield
2.35%
Current Stock Chart for CRAWFORD & CO  -CL B (CRD/B)

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crawford & co -cl b (CRD/B) Details

Crawford & Company provides claims management solutions to the risk management and insurance industry worldwide. It operates in four segments: Americas, EMEA/AP, Broadspire, and Legal Settlement Administration. The company primarily engages in the field investigation and evaluation of property and casualty insurance claims. Its services include property claims management services, casualty claims management, and vehicle services; contractor connection solution for high-frequency, low-severity claims; business process outsourcing solutions; technical services to evaluate and assess damages under extreme conditions; and catastrophe services, an independent adjusting resource for insurance claims management. The company also provides third-party administration services comprising workers’ compensation and liability claims management, and medical management services, as well as risk management information solutions. In addition, it offers legal settlement administration services related to settlements of securities cases, product liability cases, bankruptcy noticing and distribution, and other legal settlements by identifying and qualifying class members, determining and dispensing settlement payments, and administering the settlement funds. Crawford & Company was founded in 1941 and is headquartered in Atlanta, Georgia.

7,941 Employees
Last Reported Date: 05/6/13
Founded in 1941

crawford & co -cl b (CRD/B) Top Compensated Officers

Chief Executive Officer, President, Director ...
Total Annual Compensation: $730.0K
Chief Financial Officer and Executive Vice Pr...
Total Annual Compensation: $400.0K
Executive Vice President and Chief Executive ...
Total Annual Compensation: $700.0K
Chief Executive Officer of Europe, Middle Eas...
Total Annual Compensation: $652.9K
Chief Administrative Officer, Executive Vice ...
Total Annual Compensation: $425.0K
Compensation as of Fiscal Year 2012.

crawford & co -cl b (CRD/B) Key Developments

Crawford & Company Board Declares Quarterly Dividends, Payable on May 31, 2013

On May 8, 2013, at its regular quarterly meeting, the Board of Directors of Crawford & Company declared quarterly dividends of $0.04 per share on the Class A Common Stock and $0.03 per share on the Class B Common Stock, payable on May 31, 2013, to shareholders of record as of the close of business on May 24, 2013.

Crawford & Company, Annual General Meeting, May 08, 2013

Crawford & Company, Annual General Meeting, May 08, 2013., at 14:00 US Eastern Standard Time. Location: 1001 Summit Boulevard, N.E..

Crawford & Company Reports Unaudited Consolidated Earnings Results for the First Quarter Ended March 31, 2013; Provides Earnings Guidance for the Year 2013

Crawford & Company reported unaudited consolidated earnings results for the first quarter ended March 31, 2013. For the quarter, the company reported total revenues of $307,126,000 against $287,346,000 for the same period in the last year. Income before income taxes was $14,671,000 against $9,613,000 for the same period in the last year. Net income attributable to shareholders of the company was $9,739,000 against $6,065,000 for the same period in the last year. Earnings per diluted share were $0.18 per Class A common stock and $0.17 per Class B common stock against $0.12 per Class A common stock and $0.11 per Class B common stock for the same period in the last year. Net cash used in operating activities was $41,392,000 against $38,182,000 for the same period in the last year. Acquisitions of property and equipment were $1,647,000 against $4,176,000 for the same period in the last year. Capitalization of computer software costs was $4,400,000 against $3,809,000 for the same period in the last year. Consolidated operating earnings, a non-GAAP financial measure totaled $18,000,000 in the 2013 first quarter, compared with $14,400,000 in the 2012 first quarter. Consolidated operating earnings were $17,990,000 in the 2013 first quarter, compared with $14,392,000 in the 2012 first quarter. Free cash flow declined in the 2013 first quarter by $1.3 million from the 2012 period. The company's operating cash needs typically peak during the first quarter and decline during the balance of the year. The first quarter 2013 revenues increased 7% over 2012, reflecting continued improved performance in its EMEA, AP and legal settlement administration segment results, and the benefit of handling claims from super storm sandy which arose in the 2012 fourth quarter in its Americas segment. Companywide revenues before reimbursements in the 2013 first quarter were $286.3 million, up 7% from $267.8 million in the prior year's first quarter. The company provided earnings guidance for the year 2013. For the year, the company expects consolidated revenues before reimbursements between $1.05 and $1.08 billion. Consolidated operating earnings expected to be between $85.0 and $93.0 million. Consolidated cash provided by operating activities between $65.0 and $70.0 million. After reflecting stock option expense, net corporate interest expense, customer-relationship intangible asset amortization expense, and income taxes, net income attributable to shareholders of the company on a GAAP basis between $49.0 and $54.0 million, or $0.85 to $0.95 diluted earnings per crdb share.

 

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Valuation CRD/B Industry Range
Price/Earnings 7.6x
Price/Sales 0.3x
Price/Book 2.7x
Price/Cash Flow 3.4x
TEV/Sales NM Not Meaningful
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