FY2024 EPS Estimates for StorageVault Canada Inc. (TSE:SVI) Decreased by Desjardins

StorageVault Canada Inc. (TSE:SVI) – Research analysts at Desjardins dropped their FY2024 earnings per share (EPS) estimates for shares of StorageVault Canada in a research note issued to investors on Thursday, April 25th. Desjardins analyst L. Kalmar now expects that the company will post earnings of $0.22 per share for the year, down from their prior forecast of $0.23.

StorageVault Canada Stock Performance

SVI stock opened at C$4.76 on Monday. The company has a market capitalization of C$1.78 billion, a P/E ratio of -476.00 and a beta of 0.88. StorageVault Canada has a 52-week low of C$3.83 and a 52-week high of C$6.19. The business has a 50-day simple moving average of C$5.16 and a two-hundred day simple moving average of C$5.02.

StorageVault Canada (TSE:SVI) last released its quarterly earnings results on Thursday, February 22nd. The company reported C($0.03) earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of C$0.05 by C($0.08). The company had revenue of C$74.27 million for 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 declared a quarterly dividend, which was paid on Monday, April 15th. Shareholders of record on Thursday, March 28th were paid a dividend of $0.003 per share. The ex-dividend date of this dividend was Wednesday, March 27th. This represents a $0.01 dividend on an annualized basis 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.