National Bank Financial Comments on StorageVault Canada Inc.’s Q1 2024 Earnings (TSE:SVI)

StorageVault Canada Inc. (TSE:SVI) – Stock analysts at National Bank Financial issued their Q1 2024 earnings per share (EPS) estimates for shares of StorageVault Canada in a research note issued to investors on Tuesday, April 23rd. National Bank Financial analyst M. Kornack anticipates that the company will earn $0.05 per share for the quarter. National Bank Financial also issued estimates for StorageVault Canada’s FY2025 earnings at $0.27 EPS.

StorageVault Canada Price Performance

TSE:SVI opened at C$4.76 on Friday. StorageVault Canada has a 52-week low of C$3.83 and a 52-week high of C$6.19. The stock’s 50 day moving average price is C$5.16 and its 200 day moving average price is C$5.01. The company has a market capitalization of C$1.78 billion, a PE ratio of -476.00 and a beta of 0.88.

StorageVault Canada (TSE:SVI) last released 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 net margin of 0.59% and a negative return on equity of 0.84%.

StorageVault Canada Announces Dividend

The business also recently disclosed 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 -100.00%.

StorageVault Canada Company Profile

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.