Gordon Clemons - CorVel Corp Chairman of the Board and Presidentident, CEO, COO

CRVL Stock  USD 240.08  5.02  2.14%   

Chairman

Mr. V. Gordon Clemons, Sr., is Chairman of the Board of the company. He was Chief Executive Officer, Chief Operating Officer of the Company. He served as our Chief Executive Officer from January 1988 until August 2007 and as our President from January 1988 until May 2006. He was reappointed as our Chief Executive Officer, President and Chief Operating Officer in April 2012 and served in the role of President until April 2017. Mr. Clemons was President of Caremark, Inc., a home intravenous therapy company, from May 1985 to September 1987, at which time Caremark was purchased by Baxter International, Inc. From 1981 to 1985, Mr. Clemons was President of INTRACORP, a medical management company and subsidiary of CIGNA Corporation since 2019.
Age 73
Tenure 5 years
Address 5128 Apache Plume Road, Fort Worth, TX, United States, 76109
Phone817 390 1416
Webhttps://www.corvel.com
Clemons has 41 years of experience in the healthcare and insurance industries. The Board believes Mr. Clemons is qualified to serve as Chairman of the Board given his extensive technology, industry, management and operational experience and his substantial understanding of the Company and its operations resulting from his various positions of leadership, including his position as Chief Executive Officer and Chief Operating Officer currently, his position as Chief Executive Officer, President, and Chief Operating Officer from 2012 until April 2017 and from 1988 until 2007 and his position as President from 1988 until 2006.

CorVel Corp Management Efficiency

The company has return on total asset (ROA) of 0.1394 % which means that it generated a profit of $0.1394 on every $100 spent on assets. This is way below average. Similarly, it shows a return on stockholder's equity (ROE) of 0.35 %, meaning that it created $0.35 on every $100 dollars invested by stockholders. CorVel Corp's management efficiency ratios could be used to measure how well CorVel Corp manages its routine affairs as well as how well it operates its assets and liabilities. The value of Return On Tangible Assets is estimated to slide to 0.13. The value of Return On Capital Employed is expected to slide to 0.23. At this time, CorVel Corp's Debt To Assets are quite stable compared to the past year. Fixed Asset Turnover is expected to rise to 10.47 this year, although the value of Other Assets will most likely fall to about 525.5 K.
The company currently holds 23.86 M in liabilities with Debt to Equity (D/E) ratio of 0.19, which may suggest the company is not taking enough advantage from borrowing. CorVel Corp has a current ratio of 1.41, which is within standard range for the sector. Debt can assist CorVel Corp until it has trouble settling it off, either with new capital or with free cash flow. So, CorVel Corp's shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like CorVel Corp sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for CorVel to invest in growth at high rates of return. When we think about CorVel Corp's use of debt, we should always consider it together with cash and equity.

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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. The company was incorporated in 1987 and is headquartered in Fort Worth, Texas. Corvel Cp operates under Insurance Brokers classification in the United States and is traded on NASDAQ Exchange. It employs 4233 people. CorVel Corp (CRVL) is traded on NASDAQ Exchange in USA. It is located in 5128 Apache Plume Road, Fort Worth, TX, United States, 76109 and employs 4,444 people. CorVel Corp is listed under Health Care Providers & Services category by Fama And French industry classification.

Management Performance

CorVel Corp Leadership Team

Elected by the shareholders, the CorVel Corp's board of directors comprises two types of representatives: CorVel Corp inside directors who are chosen from within the company, and outside directors, selected externally and held independent of CorVel. The board's role is to monitor CorVel Corp's management team and ensure that shareholders' interests are well served. CorVel Corp's inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, CorVel Corp's outside directors are responsible for providing unbiased perspectives on the board's policies.
Stefani Wendel, Investor Relation
Sharon OConnor, Vice Services
Gordon Clemons, Chairman of the Board and Presidentident, CEO, COO
Kenneth Cragun, CFO
Jean Macino, Independent Director
Jason Wheeler, Vice Management
Michael Saverien, Executive Vice President - Risk Management Services
Michael Combs, President CEO
Mark Bertels, Executive Services
Alan Hoops, Independent Director
Brandon OBrien, CFO and Principal Financial Officer
Jennifer Yoss, Vice President - Accounting and Principal Accounting Officer
Robert Jessup, Lead Independent Director
Steven Hamerslag, Independent Director
Diane Blaha, Sr. VP of Sales and Marketing
Melissa Storan, Vice Marketing
Richard Schweppe, CFO and Secretary
Maxim Shishin, Chief Officer
Jeffrey Michael, Independent Director
Victor Sr, Executive Chairman
Jeffrey Gurtcheff, Chief Officer
MB CPB, Vice Operations

CorVel Stock Performance Indicators

The ability to make a profit is the ultimate goal of any investor. But to identify the right stock is not an easy task. Is CorVel Corp a good investment? Although profit is still the single most important financial element of any organization, multiple performance indicators can help investors identify the equity that they will appreciate over time.

Pair Trading with CorVel Corp

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if CorVel Corp position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in CorVel Corp will appreciate offsetting losses from the drop in the long position's value.
The ability to find closely correlated positions to CorVel Corp could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace CorVel Corp when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back CorVel Corp - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling CorVel Corp to buy it.
The correlation of CorVel Corp is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as CorVel Corp moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if CorVel Corp moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for CorVel Corp can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.
Pair CorrelationCorrelation Matching
When determining whether CorVel Corp is a strong investment it is important to analyze CorVel Corp's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact CorVel Corp's future performance. For an informed investment choice regarding CorVel Stock, refer to the following important reports:
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in CorVel Corp. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in real.
For more information on how to buy CorVel Stock please use our How to buy in CorVel Stock guide.
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Is CorVel Corp's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of CorVel Corp. If investors know CorVel will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about CorVel Corp listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
0.031
Earnings Share
4.32
Revenue Per Share
45.138
Quarterly Revenue Growth
0.128
Return On Assets
0.1394
The market value of CorVel Corp is measured differently than its book value, which is the value of CorVel that is recorded on the company's balance sheet. Investors also form their own opinion of CorVel Corp's value that differs from its market value or its book value, called intrinsic value, which is CorVel Corp's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because CorVel Corp's market value can be influenced by many factors that don't directly affect CorVel Corp's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between CorVel Corp's value and its price as these two are different measures arrived at by different means. Investors typically determine if CorVel Corp is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, CorVel Corp's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.