Civeo (CVEO) Stock Price, News & Analysis

1 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Civeo in the last twelve months. There are currently 1 buy rating for the stock. The consensus among Wall Street analysts is that investors should "buy" CVEO shares.
View CVEO analyst ratings or view top-rated stocks.

1 Wall Street analysts have issued 12-month target prices for Civeo's stock. Their CVEO share price targets range from $31.00 to $31.00. On average, they expect the company's share price to reach $31.00 in the next year. This suggests a possible upside of 27.8% from the stock's current price.
View analysts price targets for CVEO or view top-rated stocks among Wall Street analysts.

Civeo's stock was trading at $22.85 at the beginning of the year. Since then, CVEO stock has increased by 6.2% and is now trading at $24.26.
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Civeo saw a drop in short interest during the month of April. As of April 15th, there was short interest totaling 25,000 shares, a drop of 21.6% from the March 31st total of 31,900 shares. Based on an average trading volume of 64,000 shares, the short-interest ratio is currently 0.4 days. Approximately 0.2% of the shares of the company are short sold.
View Civeo's Short Interest.

The company is scheduled to release its next quarterly earnings announcement on Friday, July 26th 2024.
View our CVEO earnings forecast.

Civeo Co. (NYSE:CVEO) released its quarterly earnings results on Thursday, February, 29th. The business services provider reported $0.06 earnings per share for the quarter, topping analysts' consensus estimates of ($0.27) by $0.33. The business services provider had revenue of $170.80 million for the quarter, compared to the consensus estimate of $151.12 million. Civeo had a trailing twelve-month return on equity of 3.53% and a net margin of 4.49%.

Civeo declared a quarterly dividend on Friday, April 26th. Investors of record on Monday, May 27th will be paid a dividend of $0.25 per share on Monday, June 17th. This represents a $1.00 annualized dividend and a dividend yield of 4.12%. The ex-dividend date is Thursday, May 23rd.
Read our dividend analysis for CVEO.

Civeo (NYSE:CVEO) pays an annual dividend of $1.00 per share and currently has a dividend yield of 4.15%. CVEO has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. The dividend payout ratio is 47.39%. This payout ratio is at a healthy, sustainable level, below 75%. Based on EPS estimates, CVEO will have a dividend payout ratio of 188.68% in the coming year. This indicates that the company may not be able to sustain their current dividend.
Read our dividend analysis for CVEO.

Civeo shares reverse split on Friday, November 20th 2020. The 1-12 reverse split was announced on Monday, November 9th 2020. The number of shares owned by shareholders was adjusted after the market closes on Thursday, November 19th 2020. An investor that had 100 shares of stock prior to the reverse split would have 8 shares after the split.

Civeo issued an update on its FY 2024 earnings guidance on Friday, April, 26th. The company provided earnings per share (EPS) guidance of for the period. The company issued revenue guidance of $625.0 million-$700.0 million, compared to the consensus revenue estimate of $653.6 million.

15 employees have rated Civeo Chief Executive Officer Bradley J. Dodson on Glassdoor.com. Bradley J. Dodson has an approval rating of 75% among the company's employees.

Based on aggregate information from My MarketBeat watchlists, some companies that other Civeo investors own include Novavax (NVAX), Co-Diagnostics (CODX), Livongo Health (LVGO), NVIDIA (NVDA), Alto Ingredients (PEIX), Sorrento Therapeutics (SRNE), Inovio Pharmaceuticals (INO), Maxar Technologies (MAXR), Marvell Technology (MRVL) and Boeing (BA).

Civeo's stock is owned by a variety of institutional and retail investors. Top institutional shareholders include Mad River Investors (1.65%), Janney Montgomery Scott LLC (0.14%), Quent Capital LLC (0.03%) and Concourse Financial Group Securities Inc. (0.00%). Insiders that own company stock include Allan Schoening, Constance B Moore, Lance Torgerson, Martin Lambert and Peter Mccann.
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Shares of CVEO stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
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