Crawford & Company (CRD.B) Stock Rating Upgraded by Zacks Investment Research

Zacks Investment Research upgraded shares of Crawford & Company (NYSE:CRD.B) from a sell rating to a hold rating in a report published on Tuesday.

According to Zacks, “CRAWFORD & CO. is a worldwide diversified services firm organized which provides claims services, risk management services, disability managment, risk control services and risk management information services to insurance companies, self-insured corporations and governmental entities. “

Separately, ValuEngine upgraded shares of Crawford & Company from a strong sell rating to a sell rating in a research note on Friday, August 10th.

CRD.B stock opened at $9.18 on Tuesday. The company has a debt-to-equity ratio of 0.95, a quick ratio of 1.38 and a current ratio of 1.38. Crawford & Company has a 52 week low of $7.54 and a 52 week high of $10.44. The stock has a market capitalization of $503.36 million, a P/E ratio of 10.55 and a beta of 1.17.

The company also recently disclosed a quarterly dividend, which will be paid on Thursday, December 6th. Shareholders of record on Tuesday, November 20th will be paid a dividend of $0.05 per share. The ex-dividend date is Monday, November 19th. This represents a $0.20 dividend on an annualized basis and a yield of 2.18%. Crawford & Company’s payout ratio 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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