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Desjardins Has Bearish Estimate for TSE:SVI FY2025 Earnings

StorageVault Canada logo with Real Estate background

StorageVault Canada Inc. (TSE:SVI - Free Report) - Equities researchers at Desjardins cut their FY2025 EPS estimates for shares of StorageVault Canada in a research note issued to investors on Thursday, October 24th. Desjardins analyst L. Kalmar now forecasts that the company will earn $0.22 per share for the year, down from their prior forecast of $0.24. Desjardins currently has a "Hold" rating on the stock.

Separately, National Bank Financial raised shares of StorageVault Canada from a "hold" rating to a "strong-buy" rating in a research note on Wednesday, July 17th.

View Our Latest Stock Analysis on SVI

StorageVault Canada Price Performance

Shares of StorageVault Canada stock traded down C$0.04 on Monday, hitting C$4.15. The company had a trading volume of 709,703 shares, compared to its average volume of 268,237. The business has a 50-day simple moving average of C$4.83 and a 200-day simple moving average of C$4.75. The company has a market cap of C$1.55 billion, a PE ratio of -51.88 and a beta of 0.89. StorageVault Canada has a 52 week low of C$4.15 and a 52 week high of C$5.50.

StorageVault Canada (TSE:SVI - Get Free Report) last posted its earnings results on Wednesday, October 23rd. The company reported C($0.02) EPS for the quarter, missing the consensus estimate of C$0.06 by C($0.08). StorageVault Canada had a negative return on equity of 14.77% and a negative net margin of 9.49%. The firm had revenue of C$78.96 million during the quarter.

StorageVault Canada Increases Dividend

The company also recently declared a quarterly dividend, which was paid on Tuesday, October 15th. Investors of record on Friday, September 27th were given a $0.292 dividend. This represents a $1.17 annualized dividend and a dividend yield of 28.14%. The ex-dividend date was Friday, September 27th. This is an increase from StorageVault Canada's previous quarterly dividend of $0.29. StorageVault Canada's dividend payout ratio is -12.50%.

About StorageVault Canada

(Get Free Report)

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.

See Also

Earnings History and Estimates for StorageVault Canada (TSE:SVI)

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