Northland Securities Comments on Civeo FY2026 Earnings

Civeo Corporation (NYSE:CVEO) – Investment analysts at Northland Securities increased their FY2026 EPS estimates for shares of Civeo in a research note issued on Monday, November 2nd. Northland Securities analyst G. Gibas now expects that the business services provider will post earnings of ($0.85) per share for the year, up from their prior forecast of ($1.37). Northland Securities currently has an “Outperform” rating and a $42.00 target price on the stock. The consensus estimate for Civeo’s current full-year earnings is ($1.00) per share. Northland Securities also issued estimates for Civeo’s Q4 2026 earnings at ($0.76) EPS, Q1 2027 earnings at ($0.31) EPS, Q4 2027 earnings at $0.03 EPS and FY2027 earnings at $0.15 EPS.

Civeo (NYSE:CVEO) last posted its quarterly earnings data on Thursday, October 29th. The business services provider reported $0.50 EPS for the quarter, topping the consensus estimate of ($0.27) by $0.77. Civeo had a negative return on equity of 4.77% and a negative net margin of 1.08%. The firm had revenue of $193.10 million during the quarter, compared to analyst estimates of $174.05 million.

A number of other analysts have also recently commented on the company. Weiss Ratings upgraded Civeo from a “sell (d-)” rating to a “sell (d)” rating in a research report on Monday, August 31st. Stifel Nicolaus lifted their price objective on Civeo from $37.00 to $42.00 and gave the company a “buy” rating in a research report on Tuesday. Roth Capital began coverage on Civeo in a research note on Thursday, October 1st. They set a “buy” rating and a $39.00 price objective for the company. Finally, Raymond James Financial lowered shares of Civeo from a “strong-buy” rating to a “buy” rating in a report on Thursday, October 1st. Four equities research analysts have rated the stock with a Buy rating, one has assigned a Hold rating and one has issued a Sell rating to the company. Based on data from MarketBeat, Civeo has an average rating of “Moderate Buy” and an average price target of $43.50.

Civeo Price Performance

NYSE CVEO opened at $36.98 on Wednesday. The business’s fifty day moving average is $32.38 and its 200 day moving average is $31.11. Civeo has a fifty-two week low of $20.97 and a fifty-two week high of $38.06. The company has a debt-to-equity ratio of 1.48, a quick ratio of 1.65 and a current ratio of 1.71. The company has a market capitalization of $382.39 million, a PE ratio of -58.70 and a beta of 0.72.

Hedge Funds Weigh In On Civeo

Several large investors have recently made changes to their positions in CVEO. Sei Investments Co. boosted its stake in shares of Civeo by 104.2% in the first quarter. Sei Investments Co. now owns 71,487 shares of the business services provider’s stock worth $1,892,000 after acquiring an additional 36,487 shares during the period. Bank of New York Mellon Corp purchased a new stake in shares of Civeo during the second quarter worth about $1,032,000. Arrowstreet Capital Limited Partnership raised its stake in Civeo by 12.0% during the 1st quarter. Arrowstreet Capital Limited Partnership now owns 126,478 shares of the business services provider’s stock valued at $3,347,000 after purchasing an additional 13,564 shares during the period. Dimensional Fund Advisors LP raised its stake in Civeo by 1.8% during the 1st quarter. Dimensional Fund Advisors LP now owns 639,272 shares of the business services provider’s stock valued at $16,915,000 after purchasing an additional 11,114 shares during the period. Finally, OMERS ADMINISTRATION Corp bought a new stake in Civeo during the 1st quarter valued at approximately $217,000. 81.44% of the stock is currently owned by hedge funds and other institutional investors.

Civeo News Roundup

Here are the key news stories impacting Civeo this week:

• Positive Sentiment: Stifel Nicolaus raised its price target to $42 from $37 and assigned Civeo a “Buy” rating, suggesting potential upside from the cited $36.98 share price. Stifel Nicolaus rating information
• Positive Sentiment: Both Sidoti and Northland raised their FY2026 earnings estimates, although each still expects a full-year loss. Sidoti also lifted its Q2 and Q3 2027 estimates, while Northland maintains an “Outperform” rating and $42 target. Civeo analyst estimates
• Negative Sentiment: Analysts cut forecasts for several upcoming and 2027 periods. Sidoti reduced its FY2027 estimate from $0.09 per share to a loss of $0.48, while Northland lowered its FY2027 forecast from $0.48 to $0.15. Both firms also lowered estimates for Q4 2026 and Q1 2027, pointing to weaker expected earnings in those periods. Civeo analyst estimates

Civeo Company Profile

Civeo Corporation is a provider of workforce accommodations and related services for the natural resources and other industries that operate in remote locations. The company develops, owns and operates workforce villages, lodges and other lodging facilities designed to house employees and contractors near work sites.

Civeo’s services include room accommodations, food services, housekeeping, facility management, logistics and transportation support. Its facilities are used by customers in sectors such as oil and gas, mining, and infrastructure development, where temporary or long-term workforce housing is needed.

Headquartered in Houston, Texas, Civeo serves customers primarily in Canada, Australia and the United States.