Civeo (CVEO) Projected to Post Earnings on Thursday

Civeo (NYSE:CVEO) is expected to be posting its quarterly earnings results before the market opens on Thursday, February 27th. Analysts expect Civeo to post earnings of ($0.27) per share and revenue of $162.57 million for the quarter. Individual that wish to listen to the company’s earnings conference call can do so using this link.

Civeo Stock Up 0.1 %

CVEO stock opened at $26.93 on Friday. The company has a current ratio of 1.36, a quick ratio of 1.28 and a debt-to-equity ratio of 0.18. The firm has a market capitalization of $370.83 million, a PE ratio of 19.24 and a beta of 2.00. Civeo has a 1-year low of $21.15 and a 1-year high of $28.92. The business’s 50 day simple moving average is $23.45 and its 200 day simple moving average is $25.46.

Civeo Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Monday, March 17th. Investors of record on Monday, February 24th will be paid a $0.25 dividend. The ex-dividend date of this dividend is Monday, February 24th. This represents a $1.00 annualized dividend and a yield of 3.71%. Civeo’s dividend payout ratio (DPR) is presently 71.43%.

Analysts Set New Price Targets

Separately, StockNews.com downgraded Civeo from a “strong-buy” rating to a “buy” rating in a research report on Sunday, December 29th.

About Civeo

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.