Northland Securities Forecasts Civeo FY2026 Earnings

Civeo Corporation (NYSE:CVEO) – Analysts at Northland Securities boosted their FY2026 EPS estimates for Civeo in a note issued to investors on Monday, November 2nd. Northland Securities analyst G. Gibas now anticipates that the business services provider will earn ($0.85) per share for the year, up from their prior estimate 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 earnings results on Thursday, October 29th. The business services provider reported $0.50 earnings per share (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 company had revenue of $193.10 million for the quarter, compared to analysts’ expectations of $174.05 million.

Other analysts have also recently issued reports about the company. Raymond James Financial cut Civeo from a “strong-buy” rating to a “buy” rating in a research report on Thursday, October 1st. Weiss Ratings upgraded Civeo from a “sell (d-)” rating to a “sell (d)” rating in a report on Monday, August 31st. Stifel Nicolaus raised their price target on shares of Civeo from $37.00 to $42.00 and gave the company a “buy” rating in a research report on Tuesday. Finally, Roth Capital began coverage on shares of Civeo in a research note on Thursday, October 1st. They set a “buy” rating and a $39.00 target price on the stock. Four investment analysts have rated the stock with a Buy rating, one has issued a Hold rating and one has given a Sell rating to the company. According to MarketBeat, Civeo has a consensus rating of “Moderate Buy” and a consensus target price of $43.50.

Civeo Trading Up 2.4%

CVEO opened at $36.98 on Wednesday. The company has a debt-to-equity ratio of 1.48, a current ratio of 1.71 and a quick ratio of 1.65. The firm has a market capitalization of $382.39 million, a price-to-earnings ratio of -58.70 and a beta of 0.72. The business has a 50 day simple moving average of $32.38 and a two-hundred day simple moving average of $31.11. Civeo has a one year low of $20.97 and a one year high of $38.06.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently bought and sold shares of the company. Engineers Gate Manager LP bought a new stake in shares of Civeo during the 2nd quarter valued at about $217,000. OMERS ADMINISTRATION Corp purchased a new stake in shares of Civeo during the 1st quarter valued at about $217,000. Dimensional Fund Advisors LP increased its position in shares of 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 last quarter. Arrowstreet Capital Limited Partnership lifted its stake in shares of Civeo by 12.0% in the 1st quarter. Arrowstreet Capital Limited Partnership now owns 126,478 shares of the business services provider’s stock worth $3,347,000 after purchasing an additional 13,564 shares during the period. Finally, Bank of New York Mellon Corp bought a new position in shares of Civeo in the 2nd quarter worth approximately $1,032,000. 81.44% of the stock is 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

About Civeo

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.