Cascades (CAS) Stock Forecast, Price & News

5 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Cascades in the last year. There are currently 4 hold ratings and 1 buy rating for the stock. The consensus among Wall Street analysts is that investors should "hold" CAS shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in CAS, but not buy additional shares or sell existing shares.
View CAS analyst ratings or view top-rated stocks.

5 Wall Street research analysts have issued 12-month target prices for Cascades' stock. Their CAS share price forecasts range from C$12.00 to C$15.00. On average, they expect the company's stock price to reach C$13.70 in the next year. This suggests a possible upside of 11.7% from the stock's current price.
View analysts price targets for CAS or view top-rated stocks among Wall Street analysts.

Cascades' stock was trading at C$8.46 on January 1st, 2023. Since then, CAS shares have increased by 45.0% and is now trading at C$12.27.
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The company is scheduled to release its next quarterly earnings announcement on Thursday, November 9th 2023.
View our CAS earnings forecast.

Cascades Inc. (TSE:CAS) posted its earnings results on Thursday, August, 3rd. The company reported $0.27 earnings per share for the quarter, meeting the consensus estimate of $0.27. The firm earned $1.17 billion during the quarter, compared to analysts' expectations of $1.17 billion. Cascades had a negative net margin of 1.78% and a negative trailing twelve-month return on equity of 3.02%.

Cascades declared a quarterly dividend on Thursday, August 17th. Stockholders of record on Friday, September 1st will be given a dividend of 0.12 per share on Friday, August 18th. This represents a $0.48 dividend on an annualized basis and a yield of 3.91%. The ex-dividend date is Friday, September 1st.
Read our dividend analysis for CAS.

Cascades (TSE:CAS) pays an annual dividend of C$0.48 per share and currently has a dividend yield of 4.04%. CAS has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer.
Read our dividend analysis for CAS.

Based on aggregate information from My MarketBeat watchlists, some companies that other Cascades investors own include Intact Financial (IFC), Constellation Software (CSU), AutoCanada (ACQ), Alimentation Couche-Tard (ATD.B), AbbVie (ABBV), Vermilion Energy (VET), Open Text (OTEX), Rogers Communications (RCI) and Valeant Pharmaceuticals International (VRX).

Cascades trades on the Toronto Stock Exchange (TSX) under the ticker symbol "CAS."

Shares of CAS stock and other Canadian stocks can be purchased through an online brokerage account. Popular online brokerages with access to the Canadian stock market include BMO InvestorLine, CIBC Investor's Edge, Desjardins Online Brokerage, HSBC InvestDirect, Laurentian Bank Discount Brokerage, National Bank Direct Brokerage, Qtrade Investor, Questrade, RBC Direct Investing, Scotia iTrade, TD Direct Investing, and Virtual Brokers.
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One share of CAS stock can currently be purchased for approximately C$12.27.

Cascades (TSE:CAS) has a market capitalization of C$1.24 billion and generates C$4.61 billion in revenue each year. The company earns C$-82,000,000.00 in net income (profit) each year or C($0.81) on an earnings per share basis.

The company employs 10,000 workers across the globe.

Cascades' mailing address is 404 Marie-Victorin Blvd, KINGSEY FALLS, QC J0A 1B0, Canada. The official website for the company is www.cascades.com. The company can be reached via phone at +1-819-3635100.