Sidoti Csr Has Bullish Outlook for Civeo FY2026 Earnings

Civeo Co. (NYSE:CVEO) – Equities researchers at Sidoti Csr raised their FY2026 earnings estimates for Civeo in a research note issued on Friday, March 28th. Sidoti Csr analyst S. Ferazani now expects that the business services provider will post earnings per share of $1.07 for the year, up from their prior forecast of $0.95. The consensus estimate for Civeo’s current full-year earnings is ($0.58) per share.

Separately, StockNews.com cut Civeo from a “buy” rating to a “hold” rating in a research report on Monday.

Civeo Price Performance

Shares of NYSE CVEO opened at $23.26 on Monday. The company has a fifty day moving average price of $23.37 and a 200 day moving average price of $24.49. Civeo has a 1-year low of $20.26 and a 1-year high of $28.92. The firm has a market cap of $317.59 million, a PE ratio of 16.61 and a beta of 2.03. The company has a current ratio of 1.36, a quick ratio of 1.28 and a debt-to-equity ratio of 0.18.

Civeo Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Monday, March 17th. Stockholders of record on Monday, February 24th were issued a $0.25 dividend. The ex-dividend date of this dividend was Monday, February 24th. This represents a $1.00 dividend on an annualized basis and a dividend yield of 4.30%. Civeo’s dividend payout ratio (DPR) is presently -80.00%.

Institutional Trading of Civeo

A number of institutional investors have recently made changes to their positions in the business. Quantbot Technologies LP bought a new position in Civeo in the third quarter valued at $68,000. BNP Paribas Financial Markets acquired a new position in shares of Civeo during the 4th quarter worth about $94,000. SG Americas Securities LLC grew its holdings in shares of Civeo by 42.4% in the 4th quarter. SG Americas Securities LLC now owns 6,552 shares of the business services provider’s stock valued at $149,000 after acquiring an additional 1,950 shares in the last quarter. State Street Corp acquired a new stake in shares of Civeo in the third quarter valued at about $222,000. Finally, XTX Topco Ltd bought a new stake in Civeo during the third quarter worth about $231,000. Institutional investors own 81.44% of the company’s stock.

Civeo Company Profile

Civeo Corporation provides hospitality services to the natural resource industry in Canada, Australia, and the United States. The company develops lodges and villages; and mobile assets, including modular, skid-mounted accommodation, and central facilities that provide short to medium-term accommodation needs.