Crawford & Company Class B (CRD.B) Receives Consensus Rating of “Strong Buy” from Analysts

Crawford & Company Class B (NYSE:CRD.B) has received a consensus broker rating score of 1.33 (Strong Buy) from the three analysts that cover the stock, Zacks Investment Research reports. One analyst has rated the stock with a buy recommendation and two have given a strong buy recommendation to the company.

Brokers have set a twelve-month consensus target price of $10.50 for the company and are anticipating that the company will post $0.18 EPS for the current quarter, according to Zacks. Zacks has also given Crawford & Company Class B an industry rank of 186 out of 255 based on the ratings given to its competitors.

Several brokerages have recently weighed in on CRD.B. ValuEngine upgraded Crawford & Company Class B from a “strong sell” rating to a “sell” rating in a report on Friday, August 10th. Zacks Investment Research upgraded Crawford & Company Class B from a “sell” rating to a “hold” rating in a report on Friday, August 10th.

Crawford & Company Class B stock traded down $0.10 on Monday, hitting $8.70. 7,300 shares of the stock traded hands, compared to its average volume of 25,984. The company has a current ratio of 1.46, a quick ratio of 1.46 and a debt-to-equity ratio of 1.04. The firm has a market capitalization of $485.66 million, a P/E ratio of 10.00 and a beta of 1.49. Crawford & Company Class B has a 1 year low of $7.54 and a 1 year high of $12.40.

The company also recently declared a quarterly dividend, which will be paid on Thursday, September 6th. Shareholders of record on Wednesday, August 22nd will be paid a dividend of $0.05 per share. The ex-dividend date is Tuesday, August 21st. This represents a $0.20 dividend on an annualized basis and a dividend yield of 2.30%. Crawford & Company Class B’s dividend payout ratio is currently 22.99%.

About Crawford & Company Class B

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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