Civeo (CVEO) Expected to Announce Earnings on Thursday

Civeo (NYSE:CVEO) will likely be announcing its 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. Individual interested in registering for the company’s earnings conference call can do so using this link.

Civeo Stock Down 2.2 %

Shares of NYSE:CVEO opened at $26.72 on Tuesday. The company has a quick ratio of 1.28, a current ratio of 1.36 and a debt-to-equity ratio of 0.18. Civeo has a fifty-two week low of $21.15 and a fifty-two week high of $28.92. The stock has a market cap of $367.95 million, a price-to-earnings ratio of 19.08 and a beta of 2.00. The firm’s 50 day moving average price is $23.69 and its 200 day moving average price is $25.46.

Civeo Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Monday, March 17th. Stockholders of record on Monday, February 24th will be given a dividend of $0.25 per share. The ex-dividend date is Monday, February 24th. This represents a $1.00 annualized dividend and a dividend yield of 3.74%. Civeo’s dividend payout ratio (DPR) is currently 71.43%.

Analysts Set New Price Targets

Separately, StockNews.com cut 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.