Civeo (CVEO) Expected to Announce Quarterly Earnings on Friday

Civeo (NYSE:CVEO - Get Free Report) will likely be issuing its Q1 2025 quarterly earnings data before the market opens on Friday, April 25th. Analysts expect Civeo to post earnings of ($0.53) per share and revenue of $150.86 million for the quarter.

Civeo Stock Down 0.4 %

Civeo stock traded down $0.08 during midday trading on Wednesday, hitting $19.54. 57,334 shares of the company's stock were exchanged, compared to its average volume of 66,761. The company has a debt-to-equity ratio of 0.18, a quick ratio of 1.28 and a current ratio of 1.36. The company has a market cap of $264.75 million, a PE ratio of 13.96 and a beta of 1.54. The firm has a 50-day moving average of $22.06 and a two-hundred day moving average of $23.63. Civeo has a 12 month low of $18.99 and a 12 month high of $28.92.

Civeo Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Monday, March 17th. Stockholders of record on Monday, February 24th were issued a $0.25 dividend. The ex-dividend date was Monday, February 24th. This represents a $1.00 dividend on an annualized basis and a dividend yield of 5.12%. Civeo's dividend payout ratio is presently -80.00%.

Analyst Ratings Changes

A number of brokerages recently commented on CVEO. StockNews.com lowered Civeo from a "buy" rating to a "hold" rating in a research report on Monday, March 31st. Stifel Nicolaus lowered their target price on Civeo from $30.00 to $28.00 and set a "buy" rating on the stock in a research note on Tuesday, April 15th.

About Civeo

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.