FY2026 Earnings Estimate for Cascades Issued By Scotiabank

Cascades Inc. (TSE:CAS - Free Report) - Stock analysts at Scotiabank lowered their FY2026 earnings estimates for Cascades in a research report issued on Tuesday, July 15th. Scotiabank analyst J. Goldman now forecasts that the company will post earnings per share of $1.33 for the year, down from their previous forecast of $1.42. The consensus estimate for Cascades' current full-year earnings is $1.30 per share.

Other analysts have also recently issued research reports about the stock. TD Securities cut shares of Cascades from a "buy" rating to a "hold" rating and cut their price objective for the stock from C$12.00 to C$9.50 in a report on Friday, May 9th. National Bankshares lowered their price objective on shares of Cascades from C$14.00 to C$11.00 and set a "sector perform" rating on the stock in a research report on Thursday, April 24th. CIBC lowered their price objective on shares of Cascades from C$13.00 to C$10.00 and set a "neutral" rating on the stock in a research report on Tuesday, April 22nd. Finally, Royal Bank Of Canada decreased their target price on shares of Cascades from C$13.00 to C$11.00 and set a "sector perform" rating on the stock in a research report on Tuesday, April 22nd. Four research analysts have rated the stock with a hold rating and one has assigned a strong buy rating to the company's stock. According to data from MarketBeat, Cascades currently has a consensus rating of "Hold" and an average price target of C$11.40.

Cascades Stock Down 1.4%

TSE:CAS traded down C$0.13 during mid-day trading on Friday, hitting C$9.21. The stock had a trading volume of 100,966 shares, compared to its average volume of 252,842. The stock has a 50-day simple moving average of C$9.02 and a two-hundred day simple moving average of C$10.21. The company has a market capitalization of C$931.60 million, a PE ratio of -12.42, a PEG ratio of 0.56 and a beta of 0.15. Cascades has a twelve month low of C$8.30 and a twelve month high of C$13.42. The company has a current ratio of 1.22, a quick ratio of 0.86 and a debt-to-equity ratio of 121.37.

Cascades Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Thursday, June 5th. Investors of record on Thursday, June 5th were issued a $0.12 dividend. The ex-dividend date of this dividend was Thursday, May 22nd. This represents a $0.48 annualized dividend and a yield of 5.21%. Cascades's payout ratio is -64.73%.

Insider Transactions at Cascades

In other Cascades news, Director Alain Lemaire sold 74,608 shares of the stock in a transaction that occurred on Monday, June 2nd. The shares were sold at an average price of C$8.90, for a total value of C$664,011.20. Also, Senior Officer Maryse Fernet sold 10,054 shares of the stock in a transaction that occurred on Wednesday, June 11th. The shares were sold at an average price of C$9.35, for a total transaction of C$94,004.90. Insiders have sold a total of 119,911 shares of company stock valued at $1,068,804 in the last three months. 23.78% of the stock is owned by company insiders.

Cascades Company Profile

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.