NYSE:CVEO

Civeo (CVEO) Stock Price, News & Analysis

$25.00
-0.83 (-3.21%)
(As of 04/26/2024 ET)
Today's Range
$24.29
$26.38
50-Day Range
$22.13
$27.77
52-Week Range
$17.87
$28.00
Volume
60,625 shs
Average Volume
40,156 shs
Market Capitalization
$366.50 million
P/E Ratio
11.85
Dividend Yield
4.00%
Price Target
$30.00

Civeo MarketRank™ Stock Analysis

Analyst Rating
Buy
3.00 Rating Score
Upside/​Downside
20.0% Upside
$30.00 Price Target
Short Interest
Healthy
0.19% of Float Sold Short
Dividend Strength
Moderate
Based on Four Factors
Sustainability
N/A
News Sentiment
0.01mentions of Civeo in the last 14 days
Based on 11 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.

3.96 out of 5 stars

Consumer Discretionary Sector

81st out of 265 stocks

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

2nd out of 3 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

Exposed: 10 CENT Crypto to Explode April 20th?
The man who bought Bitcoin and Ethereum in 2017… and has spotted 44 different coins that have returned over 100%... Is now exposing a 10-cent coin that just partnered with Amazon…
Civeo Reports First Quarter 2024 Results
Here's what Wall Street expects from Civeo's earnings
Civeo (CVEO) to Release Quarterly Earnings on Friday
Exposed: 10 CENT Crypto to Explode April 20th?
The man who bought Bitcoin and Ethereum in 2017… and has spotted 44 different coins that have returned over 100%... Is now exposing a 10-cent coin that just partnered with Amazon…
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?
Civeo Stock (NYSE:CVEO) Insider Trades
Civeo Corp.
Murray Stahl's Recent Transaction in Civeo Corp
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
4/28/2024
Ex-Dividend for 6/17 Dividend
5/23/2024
Dividend Payable
6/17/2024
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
$30.00
High Stock Price Target
$30.00
Low Stock Price Target
$30.00
Potential Upside/Downside
+20.0%
Consensus Rating
Buy
Rating Score (0-4)
3.00
Research Coverage
1 Analysts

Profitability

Net Income
$30.16 million
Pretax Margin
5.76%

Debt

Sales & Book Value

Annual Sales
$700.80 million
Cash Flow
$5.98 per share
Book Value
$21.91 per share

Miscellaneous

Free Float
14,029,000
Market Cap
$366.50 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

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 1-year price objectives for Civeo's stock. Their CVEO share price targets range from $30.00 to $30.00. On average, they predict the company's share price to reach $30.00 in the next year. This suggests a possible upside of 20.0% 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 stock has increased by 9.4% and is now trading at $25.00.
View the best growth stocks for 2024 here
.

Are investors shorting Civeo?

Civeo saw a decline in short interest in April. As of April 15th, there was short interest totaling 25,000 shares, a decline 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 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, July 26th 2024.
View our CVEO earnings forecast
.

How were Civeo's earnings last quarter?

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

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

Civeo announced a quarterly dividend on Friday, April 26th. Investors 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 annualized dividend and a dividend yield of 4.00%. The ex-dividend date 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 4.00%. 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?

Civeo's stock reverse split on the morning of 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 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 a number of retail and institutional investors. Top institutional investors include Mad River Investors (1.65%). 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 4/28/2024 by MarketBeat.com Staff

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