What is Sidoti’s Forecast for Civeo FY2026 Earnings?

Civeo Corporation (NYSE:CVEO) – Analysts at Sidoti lifted their FY2026 earnings per share estimates for Civeo in a report issued on Monday, November 2nd. Sidoti analyst S. Ferazani now forecasts that the business services provider will earn ($1.16) per share for the year, up from their previous forecast of ($1.26). The consensus estimate for Civeo’s current full-year earnings is ($1.00) per share. Sidoti also issued estimates for Civeo’s Q4 2026 earnings at ($1.09) EPS, Q1 2027 earnings at ($0.82) EPS, Q2 2027 earnings at $0.09 EPS, Q3 2027 earnings at $0.39 EPS, Q4 2027 earnings at ($0.21) EPS and FY2027 earnings at ($0.48) EPS.

CVEO has been the subject of several other research reports. Roth Capital began coverage on shares of Civeo in a research report on Thursday, October 1st. They set a “buy” rating and a $39.00 price target for the company. Northland Securities initiated coverage on shares of Civeo in a report on Thursday, October 1st. They issued an “outperform” rating and a $42.00 price objective on the stock. Stifel Nicolaus raised their price objective on shares of Civeo from $37.00 to $42.00 and gave the company a “buy” rating in a research note on Tuesday. Weiss Ratings raised shares of Civeo from a “sell (d-)” rating to a “sell (d)” rating in a report on Monday, August 31st. Finally, Raymond James Financial cut shares of Civeo from a “strong-buy” rating to a “buy” rating in a research report on Thursday, October 1st. Four analysts have rated the stock with a Buy rating, one has issued a Hold rating and one has assigned a Sell rating to the company. According to data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and an average price target of $43.50.

Civeo Price Performance

Shares of NYSE: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. Civeo has a 1-year low of $20.97 and a 1-year high of $38.06. The business has a 50-day moving average price of $32.38 and a two-hundred day moving average price of $31.11.

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

Institutional Trading of Civeo

Hedge funds have recently modified their holdings of the company. Engineers Gate Manager LP bought a new position in Civeo during the 2nd quarter worth approximately $217,000. OMERS ADMINISTRATION Corp acquired a new position in Civeo during the first quarter valued at approximately $217,000. Bank of New York Mellon Corp bought a new stake in Civeo in the second quarter valued at approximately $1,032,000. Sei Investments Co. increased its stake in Civeo by 104.2% in the first quarter. Sei Investments Co. now owns 71,487 shares of the business services provider’s stock valued at $1,892,000 after purchasing an additional 36,487 shares in the last quarter. Finally, Arrowstreet Capital Limited Partnership increased its stake in Civeo by 12.0% in the first 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 in the last quarter. 81.44% of the stock is currently owned by institutional investors and hedge funds.

Key Headlines Impacting Civeo

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.