How to Buy Corvel Stock
Corvel Corp
CorVel Corporation provides workers' compensation, auto, liability, and health solutions for 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 stock last closed at $241.57, up 0.39% from the previous day, and has increased 17.92% in one year. It has overperformed other stocks in the Insurance Brokers industry by 0.02 percentage points. Corvel stock is currently +28.55% from its 52-week low of $187.92, and -8.89% from its 52-week high of $265.14.
As of May 2, 2024, there are 17.09M CRVL shares outstanding. The market cap of CRVL is $4.13B. In the last 24 hours, 39,736 CRVL shares were traded.
How to Buy Corvel Stock
Not sure how to invest in Corvel stock? Here's how.
- Figure out where to buy Corvel stock: You need to decide on a stock brokerage, but don't worry - we've sifted through dozens of stock brokerages and apps to help you determine where to buy Corvel stock.
- Open a brokerage account: Sign up for 0% fee trading with the highest-rated brokerage we've identified.
- Fund your brokerage account: Select your method of payment and add your info.
- Evaluate Corvel stock: The Corvel ticker symbol is CRVL. Is Corvel stock a good investment? Should you buy shares of CRVL? How do CRVL's underlying business fundamentals look? Do top analysts think Corvel is a good buy? Why has CRVL's stock price moved recently? (Hint: Our stock market research tools can help you understand if CRVL is a good stock to buy).
- Execute your CRVL trade: Decide if you will purchase CRVL shares at the current market price or use a limit order to buy CRVL shares at a given price.
- Track your CRVL position: Create a watchlist to track your position in Corvel stock.
Step 1: Figure out where to buy Corvel stock
You will need an online brokerage account in order to access the NASDAQ market and buy CRVL shares.
Our preferred brokerage: eToro
Based on our research, eToro is the best stock brokerage. Here's why:
- Invest in stocks with 0% commissions: Invest without paying trading commissions.
- Buy fractional shares: Even if you can't afford a full share, you can still buy the stock.
- Access to world financial markets: From Tech to Energy, New York to Shanghai — you can fill your portfolio with stocks from the globe's leading stock exchanges.
- Social investing: eToro boasts a community with more than 20 million users globally. Talk to, learn from, and copy the crypto trades of other investors.
- Security: eToro is a regulated and licensed fintech leader.
- Buy other financial assets: Such as ETFs and cryptocurrencies.
Get $10 towards your stock purchase by opening an account with eToro today.
Open eToro AccountStep 2: Open a brokerage account
Now that you've chosen the best brokerage, you need to fill out some personal information so you can invest in CRVL stock today.
How to Open a New Investment Account on eToro
- Click here to get started.eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.
- Enter your personal data to create your new trading account.
- Send your details by pressing the "Create Account" button. Get started with eToro today
Step 3: Fund your brokerage account
Now that you have created your account on stock market app, you can securely and quickly fund your account:
Check out this video walkthrough for more details depositing money into your new investment account.
Step 4: Evaluate Corvel stock
After you have chosen the best place to buy Corvel stock, it's crucial to evaluate their stock before you buy, so you actually comprehend the risk and upside.
Overview of key CRVL info
Fundamentals of CRVL
WallStreetZen was designed to help average investors do more in-depth fundamental analysis in less time.
You can see all of the due diligence checks on CRVL's stock page.
Is CRVL stock overvalued?
You can use a variety of different financial metrics, analyses, models, and charts to gauge CRVL's fair value.
Using relative valuations metrics:
- CRVL may be overvalued based on its P/E ratio of 55.15x, relative to Insurance Brokers industry P/E ratio of 29.03x
- CRVL could be overvalued based on its P/B ratio of 17.68x, relative to Insurance Brokers industry P/B ratio of 6.65x
- CRVL could be overvalued based on its PEG ratio of 5.58x
You can do additional valuation analysis on CRVL's stock here.
CRVL Financial Summary
Positive Health Checks:
- There are more short-term assets than long-term liabilities on the CRVL balance sheet.
- There are more short-term assets than short-term liabilities on the CRVL balance sheet.
- CRVL's operating cash flow of $96.78M allows it to safely service it's debt of $23.08M.
- CRVL earnings of $95.10M is not enough to cover its interest payments.
- CRVL profit margin has gone up from 9.6% to 9.7% in the past year.
Negative Health Checks:
- Total CRVL debt is higher than 5 years ago, relative to shareholder equity.
- CRVL has a relatively high debt to equity ratio of 0.91.
CRVL Technicals
How is CRVL performing as a company?
Last year, CRVL earnings were $74.97M. Over the last 5 year, CRVL's earnings have gone up by 13.55% per year. This was slower than the Insurance Brokers industry average of 15.48%.
Last year, CRVL revenue was $773.52M. In the last five year, CRVL's revenue has grown by 5.63% per year. This was slower than the Insurance Brokers industry average of 8.54%.
Learn more about CRVL's earnings and revenue performance here.
What are CRVL executives and large shareholders up to?
In the past 12 months, insiders at CRVL have sold more shares than they have bought.
Mark E. Bertels, EVP - Risk Management Services of CRVL, was the latest CRVL insider to buy. They bought $499.62 worth of CRVL shares on Mar 28, 2024.
Get more info about who owns CRVL shares here.
Can I rely on CRVL as an income stream?
No, Corvel doesn't provide an income stream by paying out dividends.
CRVL Social Trading Data
One of the primary reasons eToro is our top-rated brokerage is because of its social trading community.
Click below to learn what other investors have to say.
Step 5: Execute your CRVL trade
You have two primary order types:
- Market order: A market order is an order to buy or sell a stock at the best price on the market.
Market orders are generally fine for most investors. - Limit order: A limit order allows you to buy or sell a stock at a specific price (or better).
If you want to ensure you're buying or selling at a specific dollar amount limit, place a limit order.
Press the Open Trade button and your broker will place the order.
If you need additional info about buying stocks on eToro, watch the how to video below:
Step 6: Track your CRVL position
Now that you own some CRVL stock, you'll want to keep up with your investment.
Add CRVL to a watchlist to keep track of your CRVL stock.
CRVL Feed
How to Buy Stock in Corvel
To reiterate, here are the 6 steps you need to take to buy Corvel stock right now:
- Figure out where to buy Corvel stock
- Open a brokerage account
- Fund your brokerage account
- Evaluate Corvel stock
- Execute your CRVL trade
- Track your CRVL position
If you need a brokerage account, eToro is our favorite option.
Get Started with eToro TodayIf you would like to monitor your investment in Corvel, create a watchlist today.
Trending "How To" Guides
FAQ
Company
AboutNewsBlogStock Investing FAQPlansPrivacy PolicyTerms of ServiceCancellation & RefundsHelp GuidesContactTwitterYouTubeNewsletterInformation is provided 'as-is' and solely for informational purposes and is not advice. WallStreetZen does not bear any responsibility for any losses or damage that may occur as a result of reliance on this data.