FY2025 EPS Forecast for Crawford & Company Cut by Analyst

Crawford & Company (NYSE:CRD.B) – Equities research analysts at Barrington Research cut their FY2025 earnings estimates for Crawford & Company in a note issued to investors on Monday, August 18th. Barrington Research analyst K. Steinke now anticipates that the business services provider will post earnings per share of $0.96 for the year, down from their previous forecast of $0.98. The consensus estimate for Crawford & Company’s current full-year earnings is $0.83 per share.

Crawford & Company (NYSE:CRD.B) last released its quarterly earnings data on Monday, August 4th. The business services provider reported $0.22 EPS for the quarter, missing the consensus estimate of $0.24 by ($0.02). Crawford & Company had a net margin of 2.18% and a return on equity of 25.91%. The business had revenue of $323.00 million for the quarter, compared to the consensus estimate of $330.99 million.

Crawford & Company Price Performance

CRD.B stock opened at $10.45 on Wednesday. Crawford & Company has a 52 week low of $8.76 and a 52 week high of $12.50. The company has a quick ratio of 1.34, a current ratio of 1.34 and a debt-to-equity ratio of 1.16. The company has a fifty day simple moving average of $10.05 and a two-hundred day simple moving average of $10.54. The firm has a market capitalization of $518.74 million, a P/E ratio of 17.71 and a beta of 0.79.

Insider Buying and Selling

In other Crawford & Company news, SVP Tami E. Stevenson sold 4,900 shares of the stock in a transaction on Tuesday, May 27th. The shares were sold at an average price of $10.21, for a total transaction of $50,029.00. Following the completion of the transaction, the senior vice president owned 26,282 shares in the company, valued at $268,339.22. This trade represents a 15.71% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. 51.04% of the stock is owned by company insiders.

Crawford & Company Increases Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Friday, August 29th. Shareholders of record on Friday, August 15th will be given a dividend of $0.075 per share. This represents a $0.30 annualized dividend and a yield of 2.9%. This is an increase from Crawford & Company’s previous quarterly dividend of $0.07. The ex-dividend date is Friday, August 15th. Crawford & Company’s dividend payout ratio (DPR) is 50.85%.

Crawford & Company Company Profile

Crawford & Co engages in the provision of claims management and outsourcing solutions to carriers, brokers, and corporates. It operates through the following segments: Crawford Loss Adjusting, Crawford TPA Solutions, and Crawford Platform Solutions. The Crawford Loss Adjusting segment consists of adjusting services provided to insurance companies and self-insured entities related to property and casualty losses caused by physical damage to commercial and residential real property and certain types of personal property.