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

StorageVault Canada Inc. (TSE:SVI) – Desjardins cut their FY2024 earnings per share (EPS) estimates for shares of StorageVault Canada in a report issued on Thursday, April 25th. Desjardins analyst L. Kalmar now forecasts that the company will post earnings of $0.22 per share for the year, down from their prior estimate of $0.23.

StorageVault Canada (TSE:SVI) last posted 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 company 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 Performance

Shares of TSE SVI opened at C$4.73 on Monday. StorageVault Canada has a 52-week low of C$3.83 and a 52-week high of C$6.19. The company’s 50 day moving average price is C$5.15 and its 200-day moving average price is C$5.02. The company has a market capitalization of C$1.77 billion, a P/E ratio of -473.00 and a beta of 0.88.

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 given 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%.

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.