Brokers Issue Forecasts for TSE:SVI Q1 Earnings

StorageVault Canada Inc. (TSE:SVI) – Investment analysts at National Bank Financial issued their Q1 2025 earnings per share (EPS) estimates for StorageVault Canada in a research note issued on Sunday, April 13th. National Bank Financial analyst M. Kornack anticipates that the company will post earnings of $0.05 per share for the quarter. National Bank Financial also issued estimates for StorageVault Canada’s FY2026 earnings at $0.30 EPS.

A number of other equities research analysts also recently commented on SVI. Scotiabank dropped their price objective on StorageVault Canada from C$5.50 to C$5.25 in a report on Thursday, January 30th. Cibc World Mkts raised shares of StorageVault Canada to a “hold” rating in a research note on Tuesday, December 17th. Raymond James raised shares of StorageVault Canada from a “hold” rating to a “moderate buy” rating in a research note on Friday, February 21st. Canaccord Genuity Group upgraded shares of StorageVault Canada from a “hold” rating to a “buy” rating and cut their target price for the stock from C$5.00 to C$4.50 in a report on Monday, February 24th. Finally, CIBC decreased their price target on shares of StorageVault Canada from C$5.00 to C$4.75 in a report on Monday, February 24th. One analyst has rated the stock with a sell rating, two have issued a hold rating, five have given a buy rating and one has issued a strong buy rating to the stock. According to MarketBeat, the company presently has a consensus rating of “Moderate Buy” and an average price target of C$5.47.

StorageVault Canada Stock Performance

Shares of StorageVault Canada stock opened at C$3.68 on Tuesday. StorageVault Canada has a 52 week low of C$3.53 and a 52 week high of C$5.26. The stock has a market capitalization of C$1.35 billion, a price-to-earnings ratio of -26.78 and a beta of 0.89. The firm has a fifty day moving average of C$3.86 and a two-hundred day moving average of C$4.05.

StorageVault Canada Cuts Dividend

The company also recently declared a quarterly dividend, which was paid on Tuesday, April 15th. Stockholders of record on Tuesday, April 15th were issued a $0.0029 dividend. The ex-dividend date of this dividend was Monday, March 31st. This represents a $0.01 dividend on an annualized basis and a dividend yield of 0.32%. StorageVault Canada’s dividend payout ratio (DPR) is -7.28%.

Insider Transactions at StorageVault Canada

In other StorageVault Canada news, insider StorageVault Canada Inc. bought 10,200 shares of StorageVault Canada stock in a transaction that occurred on Tuesday, March 4th. The stock was acquired at an average price of C$3.97 per share, for a total transaction of C$40,446.06. Insiders bought 85,200 shares of company stock valued at $336,629 over the last three months. Company insiders own 38.49% of the company’s stock.

About StorageVault Canada

StorageVault Canada Inc is engaged in the business of owning, operating, and leasing storage to individual and commercial customers across Canada. The company operates through three segments. Its Self Storage segment consists of renting space at the company’s property for short or long-term storage which also includes space for storing vehicles and use for small commercial operations.