Q1 2024 Earnings Forecast for StorageVault Canada Inc. Issued By National Bank Financial (TSE:SVI)

StorageVault Canada Inc. (TSE:SVI) – Stock analysts at National Bank Financial issued their Q1 2024 earnings per share estimates for shares of StorageVault Canada in a research report issued to clients and investors on Tuesday, April 23rd. National Bank Financial analyst M. Kornack forecasts that the company will post earnings of $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 (TSE:SVI) last announced its quarterly earnings results on Thursday, February 22nd. The company reported C($0.03) earnings per share (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 for 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 StorageVault Canada stock opened at C$4.76 on Friday. The firm has a market cap of C$1.78 billion, a price-to-earnings ratio of -476.00 and a beta of 0.88. The business has a fifty day simple moving average of C$5.17 and a 200-day simple moving average of C$5.01. StorageVault Canada has a fifty-two week low of C$3.83 and a fifty-two week high of C$6.19.

StorageVault Canada Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Monday, April 15th. Stockholders of record on Thursday, March 28th were given a dividend of $0.003 per share. This represents a $0.01 dividend on an annualized basis and a dividend yield of 0.25%. The ex-dividend date was Wednesday, March 27th. StorageVault Canada’s dividend payout ratio (DPR) 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.