FY2026 Earnings Forecast for Cascades Issued By Scotiabank

Cascades Inc. (TSE:CAS) – Analysts at Scotiabank raised their FY2026 earnings per share (EPS) estimates for shares of Cascades in a research report issued on Thursday, March 5th. Scotiabank analyst J. Goldman now forecasts that the company will earn $1.16 per share for the year, up from their prior estimate of $1.13. Scotiabank has a “Outperform” rating and a $16.00 price objective on the stock. The consensus estimate for Cascades’ current full-year earnings is $1.30 per share.

A number of other brokerages have also issued reports on CAS. Royal Bank Of Canada upped their target price on Cascades from C$14.00 to C$16.00 and gave the company an “outperform” rating in a research report on Thursday, December 18th. National Bank Financial lifted their price target on shares of Cascades from C$12.00 to C$15.00 and gave the stock a “sector perform” rating in a research note on Monday, February 2nd. Finally, TD Securities reduced their price objective on shares of Cascades from C$16.00 to C$15.00 and set a “buy” rating on the stock in a research note on Friday, February 27th. Three investment analysts have rated the stock with a Buy rating and three have given a Hold rating to the stock. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and a consensus target price of C$14.75.

Cascades Stock Down 0.1%

Shares of TSE CAS opened at C$11.75 on Monday. The stock has a fifty day moving average price of C$13.03 and a 200 day moving average price of C$11.76. The company has a current ratio of 1.43, a quick ratio of 0.86 and a debt-to-equity ratio of 112.96. Cascades has a 12-month low of C$8.30 and a 12-month high of C$14.20. The company has a market cap of C$1.19 billion, a P/E ratio of 17.03, a P/E/G ratio of 0.56 and a beta of 1.09.

Cascades (TSE:CAS) last released its earnings results on Thursday, February 26th. The company reported C$0.40 earnings per share for the quarter. The firm had revenue of C$1.20 billion for the quarter. Cascades had a return on equity of 4.11% and a net margin of 1.47%.

Cascades Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Thursday, March 26th. Investors of record on Thursday, March 26th will be paid a dividend of $0.12 per share. This represents a $0.48 dividend on an annualized basis and a yield of 4.1%. The ex-dividend date is Thursday, March 12th. Cascades’s dividend payout ratio is presently 69.57%.

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. The business activity of the company functions in Canada, the United States, Italy, and other countries. Its customer base includes food processing companies, the maintenance industry, accommodations, and housing industry, micro-businesses, and boutiques.