$275.30 Million in Sales Expected for Crawford & Company (CRD.B) This Quarter

Wall Street brokerages expect that Crawford & Company (NYSE:CRD.B) will report $275.30 million in sales for the current quarter, Zacks reports. Two analysts have issued estimates for Crawford & Company’s earnings. The lowest sales estimate is $272.33 million and the highest is $278.28 million. Crawford & Company reported sales of $272.42 million in the same quarter last year, which indicates a positive year over year growth rate of 1.1%. The business is expected to report its next earnings report on Monday, February 26th.

According to Zacks, analysts expect that Crawford & Company will report full year sales of $275.30 million for the current year, with estimates ranging from $1.08 billion to $1.09 billion. For the next financial year, analysts forecast that the business will post sales of $1.11 billion per share, with estimates ranging from $1.11 billion to $1.12 billion. Zacks’ sales averages are an average based on a survey of analysts that follow Crawford & Company.

Several equities research analysts have recently issued reports on CRD.B shares. ValuEngine lowered shares of Crawford & Company from a “buy” rating to a “hold” rating in a research report on Monday, November 6th. Zacks Investment Research lowered shares of Crawford & Company from a “hold” rating to a “sell” rating in a research report on Wednesday, November 8th.

Crawford & Company (NYSE:CRD.B) opened at $9.44 on Wednesday. Crawford & Company has a 52-week low of $8.22 and a 52-week high of $12.40. The company has a debt-to-equity ratio of 1.28, a quick ratio of 1.68 and a current ratio of 1.68. The company has a market cap of $510.13, a P/E ratio of 14.30 and a beta of 1.78.

The business also recently disclosed a quarterly dividend, which will be paid on Friday, March 9th. Shareholders of record on Monday, February 26th will be paid a dividend of $0.05 per share. The ex-dividend date of this dividend is Friday, February 23rd. This represents a $0.20 dividend on an annualized basis and a yield of 2.12%. Crawford & Company’s dividend payout ratio (DPR) is 30.30%.

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Crawford & Company Company Profile

Crawford & Company (Crawford) is an independent provider of claims management solutions to insurance and self-insured entities. The Company’s Crawford Solution offers claims services, business process outsourcing and consulting services for various product lines, including property and casualty claims management; workers’ compensation claims and medical management, and legal settlement administration.

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