Crawford & Company Forecasted to Earn FY2018 Earnings of $0.71 Per Share (CRD.B)

Crawford & Company (NYSE:CRD.B) – Research analysts at SunTrust Banks decreased their FY2018 EPS estimates for Crawford & Company in a research note issued on Tuesday, November 6th. SunTrust Banks analyst M. Hughes now anticipates that the business services provider will post earnings per share of $0.71 for the year, down from their previous estimate of $0.76. SunTrust Banks also issued estimates for Crawford & Company’s Q1 2019 earnings at $0.16 EPS.

Several other research firms have also issued reports on CRD.B. Zacks Investment Research lowered shares of Crawford & Company from a “hold” rating to a “sell” rating in a research report on Thursday. ValuEngine upgraded shares of Crawford & Company from a “sell” rating to a “hold” rating in a research report on Tuesday.

NYSE CRD.B opened at $9.17 on Friday. Crawford & Company has a 12 month low of $7.54 and a 12 month high of $10.44. The company has a current ratio of 1.38, a quick ratio of 1.46 and a debt-to-equity ratio of 0.95. The company has a market cap of $492.29 million, a P/E ratio of 10.54 and a beta of 1.17.

Crawford & Company (NYSE:CRD.B) last posted its quarterly earnings data on Monday, August 6th. The business services provider reported $0.19 EPS for the quarter, missing the Zacks’ consensus estimate of $0.20 by ($0.01). Crawford & Company had a net margin of 1.03% and a return on equity of 23.46%. The company had revenue of $279.04 million for the quarter, compared to analyst estimates of $277.24 million.

The firm also recently declared a quarterly dividend, which will be paid on Thursday, December 6th. Shareholders of record on Tuesday, November 20th will be given a $0.05 dividend. The ex-dividend date is Monday, November 19th. This represents a $0.20 annualized dividend and a yield of 2.18%. Crawford & Company’s dividend payout ratio (DPR) is 22.99%.

About Crawford & Company

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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Earnings History and Estimates for Crawford & Company (NYSE:CRD.B)

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