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NYSE:CVEO

Civeo (CVEO) Stock Price, News & Analysis

$23.94
+0.24 (+1.01%)
(As of 04:31 PM ET)
Today's Range
$23.48
$24.33
50-Day Range
$23.07
$26.00
52-Week Range
$17.98
$28.00
Volume
49,221 shs
Average Volume
56,035 shs
Market Capitalization
$350.00 million
P/E Ratio
11.35
Dividend Yield
4.18%
Price Target
$31.00

Civeo MarketRank™ Stock Analysis

Analyst Rating
Buy
3.00 Rating Score
Upside/​Downside
29.4% Upside
$31.00 Price Target
Short Interest
Healthy
0.06% of Float Sold Short
Dividend Strength
Moderate
Based on Four Factors
Sustainability
N/A
News Sentiment
0.27mentions of Civeo in the last 14 days
Based on 2 Articles This Week
Insider Trading
Selling Shares
$123,975 Sold Last Quarter
Proj. Earnings Growth
-11.11%
From $0.54 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.

3.95 out of 5 stars

Consumer Discretionary Sector

64th out of 256 stocks

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

2nd out of 4 stocks

CVEO stock logo

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

CVEO Stock News Headlines

Civeo (NYSE:CVEO) Upgraded to "Strong-Buy" at StockNews.com
$16T Crypto Plot From Elon Musk
Reports of a leaked meeting between Elon Musk and staff at X.com could send shockwaves through the crypto market. Musk revealed a "mind-blowing" plan to take over the global payment system. In his own words, the world's richest man said "you won't need a bank account." Prominent voices in crypto believe what comes next will mirror a crypto mass adoption similar to the one that triggered bitcoin's last bull run.
Civeo (NYSE:CVEO) Upgraded to Strong-Buy at StockNews.com
Returns Are Gaining Momentum At Civeo (NYSE:CVEO)
Civeo SVP Trades $123K In Company Stock
$5k to $1.3m in just 3 trades
It doesn’t happen often, but occasionally, something completely unique comes across my radar. In this case, I’m talking about legal “Insider Trading”. Traders who have consistently signaled 453% … 610% .. and even 1036%... gains. And until now they have been doing it completely under the radar. In an upcoming interview I am revealing the strategy behind this gold-mine and how you can piggy back their every trade.
Civeo Reports First Quarter 2024 Results
Here's what Wall Street expects from Civeo's earnings
Civeo Full Year 2023 Earnings: Beats Expectations
Civeo Reports Fourth Quarter and Full Year 2023 Results
Civeo Corporation Q4 2023 Earnings Preview
Civeo (CVEO) to Report Q4 Earnings: What's in the Cards?
See More Headlines
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Company Calendar

Last Earnings
4/26/2024
Ex-Dividend for 6/17 Dividend
5/23/2024
Dividend Payable
6/17/2024
Today
6/21/2024
Next Earnings (Estimated)
7/26/2024
Fiscal Year End
12/31/2024

Industry, Sector and Symbol

Industry
Hotels, rooming houses, camps, & other lodging places
Sub-Industry
N/A
Employees
1,600
Year Founded
N/A

Price Target and Rating

Average Stock Price Target
$31.00
High Stock Price Target
$31.00
Low Stock Price Target
$31.00
Potential Upside/Downside
+29.6%
Consensus Rating
Buy
Rating Score (0-4)
3.00
Research Coverage
1 Analysts

Profitability

Net Income
$30.16 million
Pretax Margin
5.98%

Debt

Sales & Book Value

Annual Sales
$699.33 million
Cash Flow
$6.01 per share
Book Value
$21.91 per share

Miscellaneous

Free Float
13,991,000
Market Cap
$349.71 million
Optionable
Optionable
Beta
2.11
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CVEO Stock Analysis - Frequently Asked Questions

Should I buy or sell Civeo stock right now?

1 Wall Street equities 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 equities 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 12-month target prices for Civeo's stock. Their CVEO share price targets range from $31.00 to $31.00. On average, they predict the company's share price to reach $31.00 in the next year. This suggests a possible upside of 29.4% 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 on January 1st, 2024. Since then, CVEO shares have increased by 4.8% and is now trading at $23.95.
View the best growth stocks for 2024 here
.

Are investors shorting Civeo?

Civeo saw a drop in short interest in May. As of May 31st, there was short interest totaling 8,500 shares, a drop of 37.0% from the May 15th total of 13,500 shares. Based on an average trading volume of 60,400 shares, the days-to-cover ratio is presently 0.1 days. Currently, 0.1% of the shares of the company are short sold.
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, July 26th 2024.
View our CVEO earnings forecast
.

How were Civeo's earnings last quarter?

Civeo Co. (NYSE:CVEO) announced its earnings results on Friday, April, 26th. The business services provider reported ($0.26) earnings per share (EPS) for the quarter, missing analysts' consensus estimates of ($0.20) by $0.06. The business services provider had revenue of $166.12 million for the quarter, compared to the consensus estimate of $154.73 million. Civeo had a net margin of 4.49% and a trailing twelve-month return on equity of 3.53%.

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

Civeo announced a quarterly dividend on Friday, April 26th. Stockholders of record on Monday, May 27th will be given a dividend of $0.25 per share on Monday, June 17th. This represents a $1.00 dividend on an annualized basis and a yield of 4.18%. The ex-dividend date of this dividend is Thursday, May 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 4.21%. 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 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 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.

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

Civeo updated 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.

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).

Who are Civeo's major shareholders?

Civeo's stock is owned by many different retail and institutional investors. Top institutional investors include Mad River Investors (1.65%), Acadian Asset Management LLC (0.98%), Hillsdale Investment Management Inc. (0.95%), Boston Partners (0.89%), Empowered Funds LLC (0.58%) and Janney Montgomery Scott LLC (0.14%). Insiders that own company stock include Allan Schoening, Constance B Moore, Lance Torgerson, Martin Lambert and Peter Mccann.
View institutional ownership trends
.

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 6/21/2024 by MarketBeat.com Staff

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