FY2026 Earnings Forecast for Cascades Issued By Scotiabank

Cascades Inc. (TSE:CAS) – Research analysts at Scotiabank lifted their FY2026 earnings per share (EPS) estimates for Cascades in a report released on Wednesday, July 29th. Scotiabank analyst J. Goldman now forecasts that the company will earn $0.65 per share for the year, up from their previous estimate of $0.39. Scotiabank has a “Outperform” rating and a $14.50 price target on the stock. The consensus estimate for Cascades’ current full-year earnings is $1.30 per share. Scotiabank also issued estimates for Cascades’ FY2027 earnings at $1.19 EPS.

A number of other equities analysts also recently weighed in on CAS. Desjardins lowered their target price on shares of Cascades from C$15.00 to C$13.00 and set a “hold” rating on the stock in a report on Monday, April 13th. National Bank Financial decreased their price objective on shares of Cascades from C$14.00 to C$13.00 and set a “sector perform” rating for the company in a research report on Friday, May 8th. TD upped their target price on shares of Cascades from C$13.00 to C$15.00 and gave the company a “buy” rating in a report on Tuesday, July 14th. Royal Bank Of Canada cut their target price on shares of Cascades from C$15.00 to C$14.00 and set an “outperform” rating for the company in a research note on Friday, May 8th. Finally, Canadian Imperial Bank of Commerce upgraded Cascades from a “hold” rating to a “strong-buy” rating in a report on Tuesday, July 21st. One research analyst has rated the stock with a Strong Buy rating, four have given a Buy rating and two have given a Hold rating to the company’s stock. According to data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and an average target price of C$13.93.

Cascades Trading Down 4.4%

TSE CAS opened at C$13.38 on Friday. The company has a market cap of C$1.36 billion, a PE ratio of 13.38, a PEG ratio of 0.56 and a beta of 1.03. The company has a current ratio of 1.53, a quick ratio of 0.86 and a debt-to-equity ratio of 113.03. Cascades has a 12 month low of C$8.90 and a 12 month high of C$14.27. The stock has a 50 day moving average of C$11.63 and a 200-day moving average of C$11.83.

Cascades (TSE:CAS) last posted its quarterly earnings results on Thursday, May 7th. The company reported C$0.07 earnings per share for the quarter. The firm had revenue of C$1.12 billion during the quarter. Cascades had a return on equity of 5.95% and a net margin of 2.15%.

Insider Transactions at Cascades

In other news, insider Laurent Lemaire bought 23,302 shares of the company’s stock in a transaction on Wednesday, May 13th. The stock was purchased at an average cost of C$10.52 per share, for a total transaction of C$245,137.04. Following the completion of the transaction, the insider owned 7,837,637 shares of the company’s stock, valued at C$82,451,941.24. This trade represents a 0.30% increase in their ownership of the stock. 23.78% of the stock is currently owned by insiders.

Cascades Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Thursday, June 4th. Shareholders of record on Thursday, June 4th were paid a dividend of $0.12 per share. This represents a $0.48 dividend on an annualized basis and a dividend yield of 3.6%. The ex-dividend date of this dividend was Thursday, May 21st. Cascades’s payout ratio is presently 48.00%.

Cascades Company Profile

Founded in 1964, Cascades offers sustainable, innovative and value-added solutions for packaging, hygiene and recovery needs. The company employs approximately 9,000 talented people across a network of 60 production units in North America. With its participative management, half a century of experience in recycling, and ongoing efforts in research and development as driving forces, Cascades continues to deliver the innovative products that customers have come to rely on, while contributing to the well-being of people, communities and the entire planet.