Civeo (CVEO) to Release Earnings on Thursday

Civeo (NYSE:CVEO) will likely be announcing its quarterly earnings results before the market opens on Thursday, February 27th. Analysts expect the company to announce earnings of ($0.27) per share and revenue of $162.57 million for the quarter. Persons that are interested in participating in the company’s earnings conference call can do so using this link.

Civeo Stock Performance

Shares of Civeo stock opened at $26.93 on Wednesday. Civeo has a one year low of $21.15 and a one year high of $28.92. The company has a market capitalization of $370.91 million, a PE ratio of 19.24 and a beta of 2.00. 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 50-day simple moving average of $23.78 and a two-hundred day simple moving average of $25.46.

Civeo Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Monday, March 17th. Investors of record on Monday, February 24th will be given a dividend of $0.25 per share. The ex-dividend date of this dividend is Monday, February 24th. This represents a $1.00 dividend on an annualized basis and a yield of 3.71%. Civeo’s payout ratio is 71.43%.

Analysts Set New Price Targets

Separately, StockNews.com lowered Civeo from a “strong-buy” rating to a “buy” rating in a 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.