Raymond James Issues Negative Forecast for TSE:SVI Earnings

StorageVault Canada Inc. (TSE:SVI - Free Report) - Equities researchers at Raymond James cut their Q2 2026 earnings per share (EPS) estimates for StorageVault Canada in a report issued on Thursday, April 24th. Raymond James analyst B. Sturges now forecasts that the company will post earnings per share of $0.07 for the quarter, down from their previous forecast of $0.08. Raymond James currently has a "Outperform" rating and a $4.75 price target on the stock. Raymond James also issued estimates for StorageVault Canada's Q3 2026 earnings at $0.09 EPS and FY2026 earnings at $0.28 EPS.

SVI has been the topic of a number of other research reports. CIBC lowered their target price on StorageVault Canada from C$4.75 to C$4.25 in a report on Friday, April 25th. Desjardins cut their price objective on StorageVault Canada from C$4.75 to C$4.25 and set a "hold" rating for the company in a research note on Monday. Canaccord Genuity Group upgraded shares of StorageVault Canada from a "hold" rating to a "buy" rating and decreased their target price for the stock from C$5.00 to C$4.50 in a research note on Monday, February 24th. Finally, Scotiabank dropped their price target on shares of StorageVault Canada from C$5.50 to C$5.25 in a research report on Thursday, January 30th. One analyst has rated the stock with a sell rating, two have assigned a hold rating, three have issued a buy rating and one has assigned a strong buy rating to the stock. According to data from MarketBeat.com, StorageVault Canada currently has a consensus rating of "Moderate Buy" and a consensus price target of C$5.13.

StorageVault Canada Trading Up 0.8 %

SVI stock traded up C$0.03 during trading on Friday, reaching C$3.71. The stock had a trading volume of 55,426 shares, compared to its average volume of 417,645. StorageVault Canada has a 52 week low of C$3.53 and a 52 week high of C$5.26. The stock's 50 day moving average is C$3.85 and its two-hundred day moving average is C$3.96. The firm has a market cap of C$1.36 billion, a PE ratio of -27.00 and a beta of 0.89.

Insiders Place Their Bets

In other news, insider StorageVault Canada Inc. bought 25,000 shares of StorageVault Canada stock in a transaction that occurred on Monday, March 31st. The stock was bought at an average price of C$3.95 per share, for a total transaction of C$98,742.50. 38.49% of the stock is owned by company insiders.

StorageVault Canada Cuts Dividend

The firm also recently announced a quarterly dividend, which was paid on Tuesday, April 15th. Shareholders of record on Tuesday, April 15th were issued a dividend of $0.0029 per share. This represents a $0.01 annualized dividend and a yield of 0.31%. The ex-dividend date was Monday, March 31st. StorageVault Canada's payout ratio is -7.28%.

About StorageVault Canada

StorageVault Canada Inc is engaged in the business of owning, operating, and leasing storage to individual and commercial customers across Canada. The company operates through three segments. Its Self Storage segment consists of renting space at the company's property for short or long-term storage which also includes space for storing vehicles and use for small commercial operations.