Q3 2024 EPS Estimates for StorageVault Canada Inc. Raised by Cormark (TSE:SVI)

StorageVault Canada Inc. (TSE:SVI) – Cormark raised their Q3 2024 earnings per share (EPS) estimates for shares of StorageVault Canada in a research note issued to investors on Friday, April 26th. Cormark analyst S. Srinivas now forecasts that the company will post earnings per share of $0.09 for the quarter, up from their previous estimate of $0.08. Cormark also issued estimates for StorageVault Canada’s Q4 2024 earnings at $0.08 EPS, Q1 2025 earnings at $0.07 EPS, Q2 2025 earnings at $0.09 EPS, Q3 2025 earnings at $0.10 EPS, Q4 2025 earnings at $0.09 EPS and FY2025 earnings at $0.36 EPS.

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

StorageVault Canada Stock Performance

StorageVault Canada stock opened at C$4.76 on Monday. StorageVault Canada has a 52 week low of C$3.83 and a 52 week high of C$6.19. The firm has a market cap of C$1.78 billion, a P/E ratio of -476.00 and a beta of 0.88. The business’s fifty day moving average is C$5.15 and its two-hundred day moving average is C$5.02.

StorageVault Canada Announces Dividend

The firm also recently announced 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 payout ratio is presently -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.