National Bank Financial Weighs in on TSE:SVI FY2026 Earnings

Key Points

• National Bank Financial has increased its FY2026 earnings per share estimate for StorageVault Canada Inc. from $0.28 to $0.29, reflecting positive outlook for the company's financial performance.
• Several research firms have upgraded StorageVault Canada, with Desjardins raising its price target from C$4.25 to C$5.00 and Royal Bank of Canada setting a target of C$5.50.
• Insiders have been active, purchasing a total of 196,000 shares valued at $810,525 in recent months, indicating confidence in the company's future performance.

StorageVault Canada Inc. (TSE:SVI - Free Report) - Equities researchers at National Bank Financial increased their FY2026 EPS estimates for StorageVault Canada in a report issued on Thursday, July 24th. National Bank Financial analyst M. Kornack now forecasts that the company will earn $0.29 per share for the year, up from their prior estimate of $0.28.

A number of other research firms have also recently weighed in on SVI. Raymond James Financial upped their target price on shares of StorageVault Canada from C$4.70 to C$4.75 and gave the company an "outperform" rating in a research note on Thursday, April 24th. CIBC decreased their price objective on StorageVault Canada from C$4.75 to C$4.25 in a research note on Friday, April 25th. Royal Bank Of Canada set a C$5.50 price objective on StorageVault Canada and gave the stock an "outperform" rating in a research note on Wednesday, May 21st. TD Securities increased their target price on shares of StorageVault Canada from C$5.00 to C$5.50 and gave the stock a "buy" rating in a report on Friday. Finally, Desjardins raised StorageVault Canada from a "hold" rating to a "buy" rating and raised their price objective for the company from C$4.25 to C$5.00 in a research report on Thursday. One analyst has rated the stock with a sell rating, one has issued a hold rating and five have assigned a buy rating to the company. According to MarketBeat, the company currently has a consensus rating of "Moderate Buy" and an average price target of C$5.09.

StorageVault Canada Stock Performance

Shares of SVI traded up C$0.05 during trading hours on Monday, hitting C$4.71. 368,810 shares of the company were exchanged, compared to its average volume of 334,011. The company has a market cap of C$1.73 billion, a PE ratio of -34.28 and a beta of 0.89. The firm's 50 day moving average is C$4.11 and its 200-day moving average is C$3.93. StorageVault Canada has a 52 week low of C$3.53 and a 52 week high of C$5.18.

Insider Buying and Selling

In other news, Director Benjamin Harris sold 30,000 shares of the firm's stock in a transaction dated Monday, May 5th. The stock was sold at an average price of C$3.78, for a total transaction of C$113,439.00. Also, insider StorageVault Canada Inc. purchased 189,500 shares of the firm's stock in a transaction that occurred on Friday, May 30th. The shares were bought at an average price of C$4.15 per share, for a total transaction of C$786,425.00. Over the last quarter, insiders have purchased 196,000 shares of company stock valued at $810,525. 38.49% of the stock is currently owned by corporate insiders.

StorageVault Canada Company Profile

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.