Raymond James Has Bearish Estimate for TSE:SVI Q2 Earnings

StorageVault Canada Inc. (TSE:SVI - Free Report) - Analysts at Raymond James dropped their Q2 2025 earnings per share estimates for StorageVault Canada in a research note issued to investors on Thursday, April 24th. Raymond James analyst B. Sturges now forecasts that the company will post earnings per share of $0.06 for the quarter, down from their prior estimate of $0.07. Raymond James has a "Outperform" rating and a $4.75 price objective on the stock. Raymond James also issued estimates for StorageVault Canada's FY2025 earnings at $0.24 EPS and Q3 2026 earnings at $0.08 EPS.

Other research analysts have also recently issued research reports about the stock. Canaccord Genuity Group raised shares of StorageVault Canada from a "hold" rating to a "buy" rating and decreased their price target for the stock from C$5.00 to C$4.50 in a report on Monday, February 24th. Desjardins reduced their target price 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. CIBC lowered their price target on StorageVault Canada from C$4.75 to C$4.25 in a research report on Friday, April 25th. Finally, Scotiabank cut their price objective on StorageVault Canada from C$5.50 to C$5.25 in a report on Thursday, January 30th. One analyst has rated the stock with a sell rating, two have assigned a hold rating, three have given a buy rating and one has assigned a strong buy rating to the company. Based on data from MarketBeat, the stock presently has a consensus rating of "Moderate Buy" and an average target price of C$5.13.

StorageVault Canada Stock Up 0.3 %

Shares of SVI traded up C$0.01 during mid-day trading on Monday, hitting C$3.86. 5,832 shares of the company traded hands, compared to its average volume of 414,088. The business has a 50 day moving average of C$3.84 and a 200 day moving average of C$3.96. The company has a market capitalization of C$1.42 billion, a PE ratio of -28.09 and a beta of 0.89. StorageVault Canada has a 1-year low of C$3.53 and a 1-year high of C$5.26.

StorageVault Canada Cuts Dividend

The business also recently announced a quarterly dividend, which was paid on Tuesday, April 15th. Stockholders of record on Tuesday, April 15th were paid a $0.0029 dividend. The ex-dividend date of this dividend was Monday, March 31st. This represents a $0.01 dividend on an annualized basis and a dividend yield of 0.30%. StorageVault Canada's payout ratio is -7.28%.

Insider Buying and Selling

In other news, insider StorageVault Canada Inc. purchased 25,000 shares of the company's stock in a transaction that occurred on Monday, March 31st. The shares were 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 corporate insiders.

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.