Sidoti Csr Forecasts Civeo’s FY2025 Earnings (NYSE:CVEO)

Civeo Co. (NYSE:CVEO) – Equities researchers at Sidoti Csr dropped their FY2025 earnings estimates for shares of Civeo in a note issued to investors on Thursday, October 31st. Sidoti Csr analyst S. Ferazani now anticipates that the business services provider will post earnings of $0.15 per share for the year, down from their prior estimate of $0.21. The consensus estimate for Civeo’s current full-year earnings is ($0.36) per share. Sidoti Csr also issued estimates for Civeo’s Q1 2026 earnings at ($1.11) EPS, Q2 2026 earnings at $1.89 EPS and Q3 2026 earnings at $2.08 EPS.

A number of other equities research analysts have also recently issued reports on CVEO. Stifel Nicolaus restated a “buy” rating and issued a $32.00 price objective (up from $31.00) on shares of Civeo in a research note on Wednesday, July 31st. StockNews.com cut Civeo from a “strong-buy” rating to a “buy” rating in a research note on Friday.

Civeo Trading Down 0.5 %

Shares of Civeo stock opened at $25.51 on Friday. Civeo has a 52-week low of $20.58 and a 52-week high of $28.92. The stock’s 50-day simple moving average is $27.65 and its 200 day simple moving average is $25.86. The stock has a market capitalization of $366.60 million, a P/E ratio of 18.22 and a beta of 2.04. The company has a debt-to-equity ratio of 0.18, a quick ratio of 1.46 and a current ratio of 1.36.

Civeo Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Monday, December 16th. Stockholders of record on Monday, November 25th will be given a dividend of $0.25 per share. This represents a $1.00 annualized dividend and a dividend yield of 3.92%. The ex-dividend date of this dividend is Monday, November 25th. Civeo’s dividend payout ratio is presently 71.43%.

Insider Activity

In other news, SVP Allan Schoening sold 5,000 shares of the company’s stock in a transaction dated Tuesday, August 13th. The stock was sold at an average price of $27.50, for a total transaction of $137,500.00. Following the sale, the senior vice president now directly owns 16,146 shares in the company, valued at $444,015. This represents a 0.00 % decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available at this link. Company insiders own 4.30% of the company’s stock.

Institutional Investors Weigh In On Civeo

Several hedge funds and other institutional investors have recently modified their holdings of the stock. Hillsdale Investment Management Inc. grew its holdings in shares of Civeo by 2,074.8% during the first quarter. Hillsdale Investment Management Inc. now owns 139,189 shares of the business services provider’s stock worth $3,737,000 after purchasing an additional 132,789 shares in the last quarter. Acadian Asset Management LLC grew its holdings in shares of Civeo by 242.5% during the first quarter. Acadian Asset Management LLC now owns 143,189 shares of the business services provider’s stock worth $3,837,000 after purchasing an additional 101,378 shares in the last quarter. American Century Companies Inc. grew its holdings in shares of Civeo by 22.4% during the second quarter. American Century Companies Inc. now owns 254,998 shares of the business services provider’s stock worth $6,355,000 after purchasing an additional 46,633 shares in the last quarter. OFI Invest Asset Management purchased a new position in shares of Civeo during the second quarter worth about $930,000. Finally, Dimensional Fund Advisors LP grew its holdings in shares of Civeo by 10.0% during the second quarter. Dimensional Fund Advisors LP now owns 439,427 shares of the business services provider’s stock worth $10,950,000 after purchasing an additional 39,987 shares in the last quarter. 81.44% of the stock is currently owned by institutional investors.

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.