Q1 Earnings Forecast for Civeo Issued By Sidoti (NYSE:CVEO)

Civeo Corporation (NYSE:CVEO) – Equities researchers at Sidoti dropped their Q1 2026 EPS estimates for shares of Civeo in a note issued to investors on Wednesday, March 4th. Sidoti analyst S. Ferazani now forecasts that the business services provider will post earnings of ($0.70) per share for the quarter, down from their previous estimate of ($0.52). The consensus estimate for Civeo’s current full-year earnings is ($0.58) per share. Sidoti also issued estimates for Civeo’s Q2 2026 earnings at ($0.05) EPS, Q3 2026 earnings at $0.00 EPS, Q4 2026 earnings at ($0.40) EPS, FY2026 earnings at ($1.16) EPS and FY2027 earnings at $0.28 EPS.

Other research analysts have also recently issued reports about the company. Weiss Ratings reiterated a “sell (d)” rating on shares of Civeo in a research note on Monday, December 29th. Zacks Research raised Civeo from a “strong sell” rating to a “hold” rating in a report on Thursday, November 20th. Finally, Stifel Nicolaus increased their target price on Civeo from $33.00 to $37.00 and gave the company a “buy” rating in a research report on Wednesday, March 4th. One analyst has rated the stock with a Buy rating, one has given a Hold rating and one has assigned a Sell rating to the stock. Based on data from MarketBeat.com, Civeo presently has an average rating of “Hold” and a consensus price target of $37.00.

Civeo Stock Performance

NYSE CVEO opened at $28.90 on Monday. The firm’s fifty day moving average price is $26.12 and its two-hundred day moving average price is $23.76. The stock has a market cap of $316.46 million, a PE ratio of -18.41 and a beta of 0.57. The company has a debt-to-equity ratio of 1.05, a quick ratio of 1.47 and a current ratio of 1.54. Civeo has a fifty-two week low of $18.01 and a fifty-two week high of $29.68.

Civeo (NYSE:CVEO) last issued its quarterly earnings data on Tuesday, March 3rd. The business services provider reported ($0.56) EPS for the quarter, missing the consensus estimate of ($0.41) by ($0.15). Civeo had a negative net margin of 3.14% and a negative return on equity of 10.20%. The company had revenue of $161.62 million during the quarter, compared to the consensus estimate of $170.17 million.

Institutional Investors Weigh In On Civeo

Institutional investors and hedge funds have recently made changes to their positions in the stock. Clearstead Advisors LLC raised its position in shares of Civeo by 191.8% during the fourth quarter. Clearstead Advisors LLC now owns 1,538 shares of the business services provider’s stock worth $35,000 after acquiring an additional 1,011 shares during the last quarter. State of Wyoming bought a new stake in Civeo in the second quarter valued at approximately $66,000. Quent Capital LLC acquired a new stake in Civeo during the 3rd quarter valued at approximately $79,000. Goldman Sachs Group Inc. acquired a new stake in Civeo during the 1st quarter valued at approximately $204,000. Finally, XTX Topco Ltd bought a new position in Civeo during the 2nd quarter worth approximately $255,000. Institutional investors and hedge funds own 81.44% of the company’s stock.

Insiders Place Their Bets

In other news, SVP Peter Mccann sold 4,000 shares of Civeo stock in a transaction on Friday, March 6th. The shares were sold at an average price of $28.64, for a total transaction of $114,560.00. Following the transaction, the senior vice president owned 50,942 shares in the company, valued at approximately $1,458,978.88. The trade was a 7.28% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Also, major shareholder Engine Capital Management, Lp sold 417,015 shares of the business’s stock in a transaction on Friday, February 13th. The stock was sold at an average price of $28.80, for a total transaction of $12,010,032.00. Following the completion of the sale, the insider directly owned 66,119 shares in the company, valued at approximately $1,904,227.20. This represents a 86.31% decrease in their position. The SEC filing for this sale provides additional information. In the last quarter, insiders have sold 430,184 shares of company stock worth $12,390,768. 4.70% of the stock is owned by company insiders.

Civeo Company Profile

Civeo Corporation is a leading provider of workforce accommodations and integrated facility management services, primarily serving the oil and gas, mining, and construction sectors. The company specializes in the development, ownership, and operation of remote lodging facilities, commonly known as “man camps,” designed to house workers in geographically challenging environments. Its services include turnkey accommodations, catering, housekeeping, grounds maintenance, and logistical support, tailored to meet the needs of large-scale energy and resource projects.

With a network of lodges and villages across North America and Australia, Civeo caters to clients operating in regions such as Alberta’s oil sands, the Bakken shale play, and Australia’s Pilbara and Bowen Basin mining districts.