Civeo (CVEO) Projected to Post Quarterly Earnings on Thursday

Civeo (NYSE:CVEO - Get Free Report) is projected to post its quarterly earnings results before the market opens on Thursday, February 27th. Analysts expect Civeo to post earnings of ($0.27) per share and revenue of $162.57 million for the quarter. Individual interested in registering for the company's earnings conference call can do so using this link.

Civeo Price Performance

Civeo stock traded up $0.41 during midday trading on Friday, reaching $27.37. The company's stock had a trading volume of 55,043 shares, compared to its average volume of 146,181. Civeo has a fifty-two week low of $21.15 and a fifty-two week high of $28.92. 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 stock's 50 day simple moving average is $23.61 and its 200 day simple moving average is $25.47. The firm has a market capitalization of $376.82 million, a PE ratio of 19.55 and a beta of 2.00.

Civeo Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Monday, March 17th. Investors of record on Monday, February 24th will be paid a $0.25 dividend. This represents a $1.00 annualized dividend and a dividend yield of 3.65%. The ex-dividend date is Monday, February 24th. Civeo's dividend payout ratio (DPR) is 71.43%.

Wall Street Analysts Forecast Growth

Separately, StockNews.com downgraded shares of Civeo from a "strong-buy" rating to a "buy" rating in a research report on Sunday, December 29th.

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.