National Bank Financial Forecasts Cascades Q3 Earnings

Key Points

• National Bank Financial has reduced its earnings per share forecast for Cascades Inc. for Q3 2025, now predicting $0.30 EPS, down from a previous estimate of $0.34.
• Cascades' quarterly dividend of $0.12 will be paid on September 4th, representing an annualized yield of 4.9%.
• The company's current consensus rating is "Hold" with a target price of C$11.33, following various price target adjustments by several analysts.

Cascades Inc. (TSE:CAS - Free Report) - Stock analysts at National Bank Financial lowered their Q3 2025 earnings per share estimates for shares of Cascades in a research note issued to investors on Sunday, August 10th. National Bank Financial analyst Z. Evershed now forecasts that the company will post earnings per share of $0.30 for the quarter, down from their prior forecast of $0.34. The consensus estimate for Cascades' current full-year earnings is $1.30 per share. National Bank Financial also issued estimates for Cascades' Q4 2025 earnings at $0.29 EPS and FY2025 earnings at $0.91 EPS.

CAS has been the topic of a number of other research reports. CIBC lowered their price objective on Cascades from C$13.00 to C$10.00 and set a "neutral" rating on the stock in a research note on Tuesday, April 22nd. Royal Bank Of Canada lifted their price target on Cascades from C$10.00 to C$11.00 and gave the company a "sector perform" rating in a research note on Friday. National Bankshares decreased their price target on Cascades from C$14.00 to C$11.00 and set a "sector perform" rating on the stock in a research note on Thursday, April 24th. TD Securities lifted their price target on Cascades from C$9.50 to C$10.00 and gave the company a "hold" rating in a research note on Friday. Finally, Desjardins decreased their price target on Cascades from C$11.00 to C$10.50 and set a "hold" rating on the stock in a research note on Monday. Five investment analysts have rated the stock with a hold rating and one has given a strong buy rating to the company's stock. Based on data from MarketBeat.com, Cascades currently has a consensus rating of "Hold" and a consensus target price of C$11.33.

Cascades Price Performance

Cascades stock opened at C$9.74 on Tuesday. The stock's fifty day moving average price is C$9.18 and its two-hundred day moving average price is C$9.84. Cascades has a one year low of C$8.30 and a one year high of C$13.42. The company has a debt-to-equity ratio of 121.37, a current ratio of 1.22 and a quick ratio of 0.86. The firm has a market cap of C$985.21 million, a PE ratio of -13.14, a price-to-earnings-growth ratio of 0.56 and a beta of 0.15.

Insiders Place Their Bets

In other Cascades news, Director Alex Nick Blanco purchased 7,331 shares of the firm's stock in a transaction that occurred on Tuesday, June 10th. The stock was bought at an average cost of C$9.32 per share, with a total value of C$68,328.74. Also, Senior Officer Maryse Fernet sold 10,054 shares of the firm's stock in a transaction on Wednesday, June 11th. The stock was sold at an average price of C$9.35, for a total value of C$94,004.90. In the last quarter, insiders have sold 119,911 shares of company stock valued at $1,068,804. 23.78% of the stock is currently owned by corporate insiders.

Cascades Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Thursday, September 4th. Shareholders of record on Thursday, September 4th will be issued a $0.12 dividend. The ex-dividend date is Thursday, August 21st. This represents a $0.48 annualized dividend and a yield of 4.9%. Cascades's dividend payout ratio is presently -64.73%.

About Cascades

Cascades Inc, along with its subsidiaries, produces, converts and markets packaging and tissue products composed mainly of recycled fibres. The company is organized into four main business segments: Containerboard, Boxboard Europe, Specialty Products (which constitutes packaging products), and Tissue Papers.

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