Cascades Q2 EPS Decreased by National Bank Financial

Cascades Inc. (TSE:CAS - Free Report) - Equities research analysts at National Bank Financial cut their Q2 2025 earnings per share estimates for shares of Cascades in a report released on Wednesday, April 23rd. National Bank Financial analyst Z. Evershed now anticipates that the company will post earnings per share of $0.31 for the quarter, down from their prior estimate of $0.32. The consensus estimate for Cascades' current full-year earnings is $1.30 per share. National Bank Financial also issued estimates for Cascades' Q3 2025 earnings at $0.34 EPS, Q4 2025 earnings at $0.38 EPS and FY2025 earnings at $1.12 EPS.

Other research analysts also recently issued research reports about the stock. National Bankshares dropped their target price on shares of Cascades from C$14.00 to C$11.00 and set a "sector perform" rating for the company in a report on Thursday, April 24th. Royal Bank of Canada dropped their price objective on Cascades from C$13.00 to C$11.00 and set a "sector perform" rating for the company in a research note on Tuesday, April 22nd. TD Securities decreased their target price on Cascades from C$16.00 to C$12.00 and set a "buy" rating on the stock in a research note on Thursday, April 17th. CIBC dropped their price target on Cascades from C$13.00 to C$10.00 and set a "neutral" rating for the company in a research note on Tuesday, April 22nd. Finally, Scotiabank upgraded shares of Cascades from a "hold" rating to a "strong-buy" rating and upped their target price for the stock from C$12.00 to C$15.50 in a research report on Monday, January 27th. Three research analysts have rated the stock with a hold rating, one has assigned a buy rating and one has assigned a strong buy rating to the company. Based on data from MarketBeat, Cascades currently has an average rating of "Moderate Buy" and a consensus price target of C$11.90.

Cascades Stock Performance

Shares of CAS stock traded down C$0.15 during trading hours on Friday, reaching C$8.79. 105,785 shares of the company traded hands, compared to its average volume of 221,203. The company has a debt-to-equity ratio of 121.37, a current ratio of 1.22 and a quick ratio of 0.86. Cascades has a 12-month low of C$8.72 and a 12-month high of C$13.42. The company has a market cap of C$889.12 million, a P/E ratio of -11.85, a P/E/G ratio of 0.56 and a beta of 0.15. The firm has a 50-day moving average price of C$9.90 and a 200 day moving average price of C$11.16.

Cascades Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Thursday, March 20th. Stockholders of record on Thursday, March 20th were paid a dividend of $0.12 per share. The ex-dividend date was Thursday, March 6th. This represents a $0.48 dividend on an annualized basis and a dividend yield of 5.46%. Cascades's dividend payout ratio is -64.73%.

Insider Buying and Selling

In other news, Senior Officer Luc Langevin sold 9,000 shares of the firm's stock in a transaction that occurred on Thursday, March 27th. The shares were sold at an average price of C$9.82, for a total transaction of C$88,380.00. 23.78% of the stock is owned by corporate insiders.

About Cascades

Cascades Inc produces, converts, and markets packaging and tissue products in Canada and the United States. The company operates through three segments: Containerboard, Specialty Products, and Tissue Papers. It offers various packaging solutions and tissue products comprised of recycled fibers; tissue papers, comprising parent rolls of virgin and recycled fibres; specialty products, including uncoated recycled boxboards; and containerboards.