Should I buy or sell Civeo stock right now?

1 Wall Street research 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 research analysts is that investors should "buy" CVEO shares. View CVEO analyst ratings or view top-rated stocks .

What is Civeo's stock price target for 2024?

1 brokerages have issued twelve-month price targets for Civeo's shares. Their CVEO share price targets range from $30.00 to $30.00. On average, they anticipate the company's stock price to reach $30.00 in the next twelve months. This suggests a possible upside of 19.7% from the stock's current price. View analysts price targets for CVEO or view top-rated stocks among Wall Street analysts .

How have CVEO shares performed in 2024?

Civeo's stock was trading at $22.85 at the beginning of 2024. Since then, CVEO stock has increased by 9.7% and is now trading at $25.07. View the best growth stocks for 2024 here .

Are investors shorting Civeo?

Civeo saw a drop in short interest in the month of March. As of March 31st, there was short interest totaling 31,900 shares, a drop of 12.6% from the March 15th total of 36,500 shares. Based on an average daily trading volume, of 63,100 shares, the days-to-cover ratio is currently 0.5 days. Currently, 0.2% of the company's stock are sold short. View Civeo's Short Interest .

When is Civeo's next earnings date?

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

How can I listen to Civeo's earnings call?

Civeo will be holding an earnings conference call on Friday, April 26th at 11:00 AM Eastern. Interested parties can register for or listen to the call using this link or dial in at 412-317-6671 with passcode "13746099#".

How were Civeo's earnings last quarter?

Civeo Co. (NYSE:CVEO) announced its quarterly earnings results on Thursday, February, 29th. The business services provider reported $0.06 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of ($0.27) by $0.33. The business services provider earned $170.80 million during the quarter, compared to analyst estimates of $151.12 million. Civeo had a net margin of 4.30% and a trailing twelve-month return on equity of 2.69%.

How often does Civeo pay dividends? What is the dividend yield for Civeo?

Civeo declared a quarterly dividend on Friday, February 2nd. Shareholders of record on Monday, February 26th will be given a dividend of $0.25 per share on Monday, March 18th. This represents a $1.00 dividend on an annualized basis and a dividend yield of 3.99%. The ex-dividend date is Friday, February 23rd. Read our dividend analysis for CVEO .

Is Civeo a good dividend stock?

Civeo (NYSE:CVEO) pays an annual dividend of $1.00 per share and currently has a dividend yield of 3.93%. The dividend payout ratio is 49.02%. This payout ratio is at a healthy, sustainable level, below 75%. Based on EPS estimates, CVEO will have a dividend payout ratio of 208.33% in the coming year. This indicates that the company may not be able to sustain their current dividend. Read our dividend analysis for CVEO .

When did Civeo's stock split?

Shares of Civeo reverse split before market open 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 closing bell 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.

What guidance has Civeo issued on next quarter's earnings?

Civeo updated its FY 2024 earnings guidance on Thursday, February, 29th. The company provided 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 $623.1 million.

What is Bradley J. Dodson's approval rating as Civeo's CEO?

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.

What other stocks do shareholders of Civeo own?

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) .

How do I buy shares of Civeo?

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. Compare Top Brokerages Here .

NYSE:CVEO

Civeo (CVEO) Stock Price, News & Analysis

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Free CVEO Stock Alerts

$25.07

-0.07 (-0.28%)

(As of 04/18/2024 ET)

Compare

Today's Range: $24.97
▼
$25.29
50-Day Range: $21.83
▼
$27.77
52-Week Range: $17.87
▼
$28.00

Volume: 27,290 shs
Average Volume: 59,716 shs
Market Capitalization: $367.53 million

P/E Ratio: 12.29
Dividend Yield: 3.99%
Price Target: $30.00

Get Civeo alerts:

Civeo MarketRank™ Stock Analysis

Analyst Rating: Buy
3.00 Rating Score
Upside/Downside: 19.7% Upside
$30.00 Price Target
Short Interest: Healthy
0.24% of Float Sold Short
Dividend Strength: Moderate
Based on Four Factors
Sustainability: N/A
News Sentiment: 0.70
Based on 3 Articles This Week
Insider Trading: N/A
Proj. Earnings Growth: 242.86%
From $0.14 to $0.48 Per Share

Overall MarketRank^™

New Rank-Based ScoringMarketRank^™ is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

4.01 out of 5 stars

Consumer Discretionary Sector

74th out of 250 stocks

Hotels, Rooming Houses, Camps, & Other Lodging Places Industry

2nd out of 4 stocks

2.5

Analyst's Opinion

Consensus Rating
Civeo has received a consensus rating of Buy. The company's average rating score is 3.00, and is based on 1 buy rating, no hold ratings, and no sell ratings.
Amount of Analyst Coverage
Civeo has received no research coverage in the past 90 days.

5.0

Short Interest

Percentage of Shares Shorted
0.24% of the float of Civeo has been sold short.
Short Interest Ratio / Days to Cover
Civeo has a short interest ratio ("days to cover") of 0.5, which is generally considered an acceptable ratio of short interest to trading volume.
Change versus previous month
Short interest in Civeo has recently decreased by 12.60%, indicating that investor sentiment is improving significantly.

2.5

Dividend Strength

Dividend Leadership
Civeo is a leading dividend payer. It pays a dividend yield of 3.93%, putting its dividend yield in the top 25% of dividend-paying stocks.
Dividend Growth
Civeo does not have a long track record of dividend growth.
Dividend Coverage
The dividend payout ratio of Civeo is 49.02%. This payout ratio is at a healthy, sustainable level, below 75%.
Dividend Sustainability
Based on EPS estimates, Civeo will have a dividend payout ratio of 208.33% in the coming year. This indicates that Civeo may not be able to sustain their current dividend.

N/A

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score
There is no current Upright™ data available for CVEO.

2.6

News and Social Media Coverage

News Sentiment
Civeo has a news sentiment score of 0.70. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.55 average news sentiment score of Consumer Discretionary companies.
News Coverage This Week
MarketBeat has tracked 3 news articles for Civeo this week, compared to 1 article on an average week.
MarketBeat Follows
Only 1 people have added Civeo to their MarketBeat watchlist in the last 30 days. This is a decrease of 0% compared to the previous 30 days.

1.7

Company Ownership

Insider Buying vs. Insider Selling
In the past three months, Civeo insiders have not sold or bought any company stock.
Percentage Held by Insiders
Only 3.40% of the stock of Civeo is held by insiders.
Percentage Held by Institutions
81.44% of the stock of Civeo is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

3.1

Earnings and Valuation

Earnings Growth
Earnings for Civeo are expected to grow by 242.86% in the coming year, from $0.14 to $0.48 per share.
Price to Earnings Ratio vs. the Market
The P/E ratio of Civeo is 12.29, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 144.15.
Price to Earnings Ratio vs. Sector
The P/E ratio of Civeo is 12.29, which means that it is trading at a less expensive P/E ratio than the Consumer Discretionary sector average P/E ratio of about 17.55.
Price to Book Value per Share Ratio
Civeo has a P/B Ratio of 1.14. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

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About Civeo Stock (NYSE:CVEO)

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. It offers food, housekeeping, and maintenance services, as well as laundry, facility management and maintenance, water and wastewater treatment, power generation, communication systems, security, and logistics services, and camp management services. In addition, the company provides development activities for workforce accommodation facilities, including site selection, permitting, engineering and design, manufacturing management, and site construction services, as well as lodging and catering services. It serves oil, mining, engineering, and oilfield and mining service companies. Civeo Corporation was founded in 1977 and is headquartered in Houston, Texas.

CVEO Stock Price History

30 days | 90 days | 365 days | Advanced Chart

CVEO Stock News Headlines

April 19, 2024 | americanbankingnews.com

Civeo (CVEO) to Release Quarterly Earnings on Friday

April 16, 2024 | businesswire.com

Civeo Announces First Quarter 2024 Earnings Conference Call

April 19, 2024 | InvestorPlace (Ad)

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April 15, 2024 | finance.yahoo.com

Civeo Corporation's (NYSE:CVEO) Stock Has Seen Strong Momentum: Does That Call For Deeper Study Of Its Financial Prospects?

March 25, 2024 | finance.yahoo.com

Civeo (NYSE:CVEO) shareholders have earned a 18% CAGR over the last three years

March 12, 2024 | seekingalpha.com

Civeo Corp.: Shares Aren't Even Close To Being Fairly Valued

March 5, 2024 | finance.yahoo.com

Civeo Full Year 2023 Earnings: Beats Expectations

March 3, 2024 | finance.yahoo.com

Civeo Corporation Just Beat Analyst Forecasts, And Analysts Have Been Updating Their Predictions

April 19, 2024 | InvestorPlace (Ad)

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Civeo Corporation (NYSE:CVEO) Q4 2023 Earnings Call Transcript

February 29, 2024 | finance.yahoo.com

Civeo Corp (CVEO) Announces Strong Q4 and Full Year 2023 Results with Increased Revenue and Net ...

February 29, 2024 | businesswire.com

Civeo Reports Fourth Quarter and Full Year 2023 Results

February 28, 2024 | msn.com

Civeo Corporation Q4 2023 Earnings Preview

February 28, 2024 | finance.yahoo.com

Civeo (CVEO) to Report Q4 Earnings: What's in the Cards?

February 22, 2024 | benzinga.com

Civeo Stock (NYSE:CVEO) Insider Trades

February 19, 2024 | markets.businessinsider.com

Matthews International Continues Support to Investors while Adjusting Profits, Adapting to Market Pressures

February 18, 2024 | finance.yahoo.com

Civeo Corporation (NYSE:CVEO) Stock Goes Ex-Dividend In Just Four Days

February 15, 2024 | wsj.com

Civeo Corp.

February 15, 2024 | finance.yahoo.com

Civeo Announces Fourth Quarter 2023 Earnings Conference Call

February 15, 2024 | businesswire.com

Civeo Announces Fourth Quarter 2023 Earnings Conference Call

February 7, 2024 | finance.yahoo.com

Murray Stahl's Recent Transaction in Civeo Corp

February 2, 2024 | finance.yahoo.com

Civeo Announces Quarterly Dividend

December 15, 2023 | morningstar.com

Civeo Corp CVEO

December 11, 2023 | benzinga.com

Matthews International Adapts to Economic Shifts to Support Investor Confidence

December 8, 2023 | finance.yahoo.com

Should Value Investors Buy Civeo (CVEO) Stock?

November 22, 2023 | finance.yahoo.com

Civeo (CVEO)'s Technical Outlook is Bright After Key Golden Cross

November 20, 2023 | finance.yahoo.com

Are Investors Undervaluing Civeo (CVEO) Right Now?

See More Headlines

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Company Calendar

Ex-Dividend for 3/18 Dividend: 2/23/2024
Last Earnings: 2/29/2024
Dividend Payable: 3/18/2024
Today: 4/18/2024
Next Earnings (Confirmed): 4/26/2024
Fiscal Year End: 12/31/2024

Get Stock Alerts

Industry, Sector and Symbol

Stock Exchange: NYSE
Sector: Consumer Discretionary
Industry: Hotels, rooming houses, camps, & other lodging places
Sub-Industry: N/A
Current Symbol: NYSE:CVEO
CUSIP: N/A
CIK: 1590584
Web: www.civeo.com
Phone: (713) 510-2400
Fax: 713-510-2499
Employees: 1,600
Year Founded: N/A

Price Target and Rating

Average Stock Price Target: $30.00
High Stock Price Target: $30.00
Low Stock Price Target: $30.00
Potential Upside/Downside: +19.7%
Consensus Rating: Buy
Rating Score (0-4): 3.00
Research Coverage: 1 Analysts

Profitability

EPS (Most Recent Fiscal Year): $2.04
Trailing P/E Ratio: 12.29
Forward P/E Ratio: 179.07
P/E Growth: N/A
Net Income: $30.16 million
Net Margins: 4.30%
Pretax Margin: 5.76%
Return on Equity: 2.69%
Return on Assets: 1.46%

Debt

Debt-to-Equity Ratio: 0.20
Current Ratio: 1.53
Quick Ratio: 1.47

Sales & Book Value

Annual Sales: $700.80 million
Price / Sales: 0.52
Cash Flow: $5.88 per share
Price / Cash Flow: 4.26
Book Value: $21.91 per share
Price / Book: 1.14

Miscellaneous

Outstanding Shares: 14,660,000
Free Float: 14,161,000
Market Cap: $367.53 million
Optionable: Optionable
Beta: 2.17

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Key Executives

Mr. Bradley J. Dodson (Age 50)
CEO, President & Director
Comp: $1.88M
Mr. Peter L. McCann (Age 57)
Senior Vice President of Australia
Comp: $624.19k
Mr. Allan D. Schoening (Age 65)
Senior Vice President of Canada
Comp: $916.13k
Mr. Barclay H. Brewer
VP, Controller, Interim CFO & Treasurer
Regan Nielsen
Director of Corporate Development & Investor Relations
Mr. Collin Gerry
Vice President of Corporate Development
LaTosha N. Fraley
Corporate Secretary

Key Competitors

View All Competitors

Institutional Ownership

View All Institutional Transactions

CVEO Stock Analysis - Frequently Asked Questions

Should I buy or sell Civeo stock right now?: 1 Wall Street research 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 research analysts is that investors should "buy" CVEO shares.
View CVEO analyst ratings or view top-rated stocks.
What is Civeo's stock price target for 2024?: 1 brokerages have issued twelve-month price targets for Civeo's shares. Their CVEO share price targets range from $30.00 to $30.00. On average, they anticipate the company's stock price to reach $30.00 in the next twelve months. This suggests a possible upside of 19.7% from the stock's current price.
View analysts price targets for CVEO or view top-rated stocks among Wall Street analysts.
How have CVEO shares performed in 2024?: Civeo's stock was trading at $22.85 at the beginning of 2024. Since then, CVEO stock has increased by 9.7% and is now trading at $25.07.
View the best growth stocks for 2024 here.
Are investors shorting Civeo?: Civeo saw a drop in short interest in the month of March. As of March 31st, there was short interest totaling 31,900 shares, a drop of 12.6% from the March 15th total of 36,500 shares. Based on an average daily trading volume, of 63,100 shares, the days-to-cover ratio is currently 0.5 days. Currently, 0.2% of the company's stock are sold short.
View Civeo's Short Interest.
When is Civeo's next earnings date?: The company is scheduled to release its next quarterly earnings announcement on Friday, April 26th 2024.
View our CVEO earnings forecast.
How can I listen to Civeo's earnings call?: Civeo will be holding an earnings conference call on Friday, April 26th at 11:00 AM Eastern. Interested parties can register for or listen to the call using this link or dial in at 412-317-6671 with passcode "13746099#".
How were Civeo's earnings last quarter?: Civeo Co. (NYSE:CVEO) announced its quarterly earnings results on Thursday, February, 29th. The business services provider reported $0.06 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of ($0.27) by $0.33. The business services provider earned $170.80 million during the quarter, compared to analyst estimates of $151.12 million. Civeo had a net margin of 4.30% and a trailing twelve-month return on equity of 2.69%.
How often does Civeo pay dividends? What is the dividend yield for Civeo?: Civeo declared a quarterly dividend on Friday, February 2nd. Shareholders of record on Monday, February 26th will be given a dividend of $0.25 per share on Monday, March 18th. This represents a $1.00 dividend on an annualized basis and a dividend yield of 3.99%. The ex-dividend date is Friday, February 23rd.
Read our dividend analysis for CVEO.

Is Civeo a good dividend stock?: Civeo (NYSE:CVEO) pays an annual dividend of $1.00 per share and currently has a dividend yield of 3.93%. The dividend payout ratio is 49.02%. This payout ratio is at a healthy, sustainable level, below 75%. Based on EPS estimates, CVEO will have a dividend payout ratio of 208.33% in the coming year. This indicates that the company may not be able to sustain their current dividend.
Read our dividend analysis for CVEO.
When did Civeo's stock split?: Shares of Civeo reverse split before market open 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 closing bell 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.
What guidance has Civeo issued on next quarter's earnings?: Civeo updated its FY 2024 earnings guidance on Thursday, February, 29th. The company provided 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 $623.1 million.
What is Bradley J. Dodson's approval rating as Civeo's CEO?: 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.
What other stocks do shareholders of Civeo own?: 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).
How do I buy shares of Civeo?: 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.
Compare Top Brokerages Here.

This page (NYSE:CVEO) was last updated on 4/19/2024 by MarketBeat.com Staff

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