Q3 2024 EPS Estimates for StorageVault Canada Inc. (TSE:SVI) Lowered by Desjardins

StorageVault Canada Inc. (TSE:SVI) – Research analysts at Desjardins decreased their Q3 2024 earnings per share (EPS) estimates for shares of StorageVault Canada in a report issued on Thursday, April 25th. Desjardins analyst L. Kalmar now expects that the company will post earnings of $0.06 per share for the quarter, down from their previous estimate of $0.07. Desjardins also issued estimates for StorageVault Canada’s FY2025 earnings at $0.25 EPS.

StorageVault Canada Stock Performance

SVI opened at C$4.76 on Friday. The business has a 50 day moving average price of C$5.16 and a 200 day moving average price of C$5.01. StorageVault Canada has a twelve month low of C$3.83 and a twelve month high of C$6.19. The firm has a market cap of C$1.78 billion, a P/E ratio of -476.00 and a beta of 0.88.

StorageVault Canada (TSE:SVI) last announced its quarterly earnings results on Thursday, February 22nd. The company reported C($0.03) EPS for the quarter, missing the consensus estimate of C$0.05 by C($0.08). The firm had revenue of C$74.27 million during the quarter. StorageVault Canada had a negative net margin of 0.59% and a negative return on equity of 0.84%.

StorageVault Canada Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Monday, April 15th. Investors of record on Thursday, March 28th were issued a $0.003 dividend. The ex-dividend date of this dividend was Wednesday, March 27th. This represents a $0.01 annualized dividend and a yield of 0.25%. StorageVault Canada’s dividend payout ratio (DPR) is currently -100.00%.

StorageVault Canada Company Profile

StorageVault Canada Inc owns, manages, and rents self-storage and portable storage space to individual and commercial customers in Canada. It operates through three segments: Self Storage, Portable Storage, and Management Division. The company manages various stores owned by third parties; and stores, shreds, and manages documents and records for customers.