StorageVault Canada Inc. to Post Q3 2024 Earnings of $0.06 Per Share, Desjardins Forecasts (TSE:SVI)

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

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

StorageVault Canada Stock Down 6.1 %

Shares of SVI stock opened at C$4.76 on Friday. The company’s fifty day simple moving average is C$5.17 and its 200-day simple moving average is C$5.01. The firm has a market cap of C$1.78 billion, a PE ratio of -476.00 and a beta of 0.88. StorageVault Canada has a 12 month low of C$3.83 and a 12 month high of C$6.19.

StorageVault Canada Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Monday, April 15th. Shareholders of record on Thursday, March 28th were paid a $0.003 dividend. This represents a $0.01 dividend on an annualized basis and a yield of 0.25%. The ex-dividend date was Wednesday, March 27th. StorageVault Canada’s dividend payout ratio is currently -100.00%.

About StorageVault Canada

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.