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

Civeo Co. (NYSE:CVEO) – Investment analysts at Sidoti Csr dropped their FY2025 earnings per share estimates for Civeo in a research note issued to investors on Thursday, October 31st. Sidoti Csr analyst S. Ferazani now anticipates that the business services provider will earn $0.15 per share for the year, down from their previous forecast 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.

Several other brokerages have also issued reports on CVEO. Stifel Nicolaus reaffirmed a “buy” rating and issued a $32.00 target price (up previously from $31.00) on shares of Civeo in a research note on Wednesday, July 31st. StockNews.com lowered Civeo from a “strong-buy” rating to a “buy” rating in a research note on Friday.

Civeo Stock Down 0.5 %

Shares of CVEO opened at $25.51 on Friday. The firm has a market cap of $366.60 million, a P/E ratio of 18.22 and a beta of 2.04. The stock has a 50 day simple moving average of $27.65 and a two-hundred day simple moving average of $25.86. The company has a debt-to-equity ratio of 0.18, a current ratio of 1.36 and a quick ratio of 1.46. Civeo has a 1 year low of $20.58 and a 1 year high of $28.92.

Civeo Announces Dividend

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

Insider Activity

In other news, SVP Allan Schoening sold 5,000 shares of the stock in a transaction that occurred on Tuesday, August 13th. The stock was sold at an average price of $27.50, for a total transaction of $137,500.00. Following the completion of the sale, the senior vice president now owns 16,146 shares of the company’s stock, valued at approximately $444,015. This represents a 0.00 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Insiders own 4.30% of the company’s stock.

Hedge Funds Weigh In On Civeo

A number of hedge funds and other institutional investors have recently made changes to their positions in the business. Raymond James & Associates raised its holdings in shares of Civeo by 0.8% during the second quarter. Raymond James & Associates now owns 67,555 shares of the business services provider’s stock valued at $1,683,000 after acquiring an additional 561 shares in the last quarter. Janney Montgomery Scott LLC raised its holdings in shares of Civeo by 8.9% during the first quarter. Janney Montgomery Scott LLC now owns 21,119 shares of the business services provider’s stock valued at $567,000 after acquiring an additional 1,729 shares in the last quarter. Lazard Asset Management LLC raised its holdings in shares of Civeo by 42.6% during the first quarter. Lazard Asset Management LLC now owns 10,773 shares of the business services provider’s stock valued at $289,000 after acquiring an additional 3,220 shares in the last quarter. Quent Capital LLC bought a new position in shares of Civeo during the first quarter valued at approximately $98,000. Finally, O Shaughnessy Asset Management LLC raised its holdings in shares of Civeo by 41.2% during the first quarter. O Shaughnessy Asset Management LLC now owns 15,691 shares of the business services provider’s stock valued at $421,000 after acquiring an additional 4,577 shares in the last quarter. 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.