S&P 500   5,254.35
DOW   39,807.37
QQQ   444.01
3 Value Stocks Too Small For Buffett’s Portfolio
Stock market today: Asian shares are mostly higher after another set of Wall St records
Foot Locker Builds Up Another Head of Steam; Gains Imminent
Average long-term US mortgage rate falls slightly, easing borrowing costs for home shoppers
Walgreens books hefty charge as the drugstore chain adjusts the value of struggling clinics
Algeria's government pushes staples to subsidized markets to stave off Ramadan shortages
How major US stock indexes fared Thursday, 3/28/2024
S&P 500   5,254.35
DOW   39,807.37
QQQ   444.01
3 Value Stocks Too Small For Buffett’s Portfolio
Stock market today: Asian shares are mostly higher after another set of Wall St records
Foot Locker Builds Up Another Head of Steam; Gains Imminent
Average long-term US mortgage rate falls slightly, easing borrowing costs for home shoppers
Walgreens books hefty charge as the drugstore chain adjusts the value of struggling clinics
Algeria's government pushes staples to subsidized markets to stave off Ramadan shortages
How major US stock indexes fared Thursday, 3/28/2024
S&P 500   5,254.35
DOW   39,807.37
QQQ   444.01
3 Value Stocks Too Small For Buffett’s Portfolio
Stock market today: Asian shares are mostly higher after another set of Wall St records
Foot Locker Builds Up Another Head of Steam; Gains Imminent
Average long-term US mortgage rate falls slightly, easing borrowing costs for home shoppers
Walgreens books hefty charge as the drugstore chain adjusts the value of struggling clinics
Algeria's government pushes staples to subsidized markets to stave off Ramadan shortages
How major US stock indexes fared Thursday, 3/28/2024
S&P 500   5,254.35
DOW   39,807.37
QQQ   444.01
3 Value Stocks Too Small For Buffett’s Portfolio
Stock market today: Asian shares are mostly higher after another set of Wall St records
Foot Locker Builds Up Another Head of Steam; Gains Imminent
Average long-term US mortgage rate falls slightly, easing borrowing costs for home shoppers
Walgreens books hefty charge as the drugstore chain adjusts the value of struggling clinics
Algeria's government pushes staples to subsidized markets to stave off Ramadan shortages
How major US stock indexes fared Thursday, 3/28/2024
TSE:CAS

Cascades (CAS) Stock Price, News & Analysis

C$9.89
-0.20 (-1.98%)
(As of 03/28/2024 ET)
Today's Range
C$9.87
C$10.12
50-Day Range
C$9.53
C$14.94
52-Week Range
C$9.36
C$15.00
Volume
385,057 shs
Average Volume
291,657 shs
Market Capitalization
C$996.02 million
P/E Ratio
N/A
Dividend Yield
4.85%
Price Target
C$13.70

Cascades MarketRank™ Stock Analysis

Analyst Rating
Hold
2.20 Rating Score
Upside/​Downside
38.5% Upside
C$13.70 Price Target
Short Interest
N/A
Dividend Strength
Weak
Based on Four Factors
Sustainability
N/A
News Sentiment
0.32mentions of Cascades in the last 14 days
Based on 12 Articles This Week
Insider Trading
N/A
Proj. Earnings Growth
N/A

Overall MarketRank

New Rank-Based ScoringMarketRank is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

4.11 out of 5 stars

CAS stock logo

About Cascades Stock (TSE:CAS)

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. It also engages in the recovery and recycling activities. Cascades Inc. was incorporated in 1964 and is headquartered in Kingsey Falls, Canada.

CAS Stock Price History

CAS Stock News Headlines

4x Better than Bitcoin
4x Better than Bitcoin Bitcoin would have to go from $68,000 to $314,000 to match the 463% gains we saw with Immunogen in December.
4x Better than Bitcoin
4x Better than Bitcoin Bitcoin would have to go from $68,000 to $314,000 to match the 463% gains we saw with Immunogen in December.
See More Headlines
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Company Calendar

Last Earnings
2/22/2024
Dividend Payable
3/07/2024
Ex-Dividend for 3/7 Dividend
3/21/2024
Today
3/29/2024
Next Earnings (Estimated)
5/09/2024

Industry, Sector and Symbol

Industry
Packaging & Containers
Sub-Industry
N/A
CIK
N/A
Fax
N/A
Employees
10,000
Year Founded
N/A

Price Target and Rating

Average Stock Price Target
C$13.70
High Stock Price Target
C$14.00
Low Stock Price Target
C$13.00
Potential Upside/Downside
+38.5%
Consensus Rating
Hold
Rating Score (0-4)
2.20
Research Coverage
5 Analysts

Profitability

Net Income
C$-76,000,000.00
Pretax Margin
N/A

Debt

Sales & Book Value

Annual Sales
C$4.64 billion
Cash Flow
C$0.54 per share
Book Value
C$17.27 per share

Miscellaneous

Free Float
N/A
Market Cap
C$996.02 million
Optionable
Not Optionable
Beta
0.06
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Key Executives

  • Dr. Alain Lemaire Ph.D. (Age 77)
    Co-Founder & Executive Chairman
    Comp: $720.11k
  • Mr. Mario Plourde (Age 63)
    President, CEO & Non-Independent Director
    Comp: $2.54M
  • Mr. Allan Hogg CA
    VP & CFO
  • Mr. Luc Langevin
    Senior Vice President of Cascades Services
  • Mr. Charles Malo (Age 58)
    President & COO of Containerboard Packaging Group
    Comp: $1.07M
  • Mr. Dominic Doré
    Chief Supply Chain & Information Officer
  • Ms. Jennifer Aitken
    Director of Investor Relations
  • Mr. Robert F. Hall (Age 67)
    Chief of Strategy & Legal Affairs
    Comp: $1.22M
  • Mr. Hugo D'Amours
    Vice-President, Communications, Public Affairs & Sustainable Development
  • Mr. Riko Gaudreault ASA
    CFA, Vice President of Corporate Development

CAS Stock Analysis - Frequently Asked Questions

Should I buy or sell Cascades stock right now?

5 Wall Street research 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 research 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.

What is Cascades' stock price target for 2024?

5 analysts have issued 12 month target prices for Cascades' shares. Their CAS share price targets range from C$13.00 to C$14.00. On average, they predict the company's stock price to reach C$13.70 in the next year. This suggests a possible upside of 38.5% from the stock's current price.
View analysts price targets for CAS
or view top-rated stocks among Wall Street analysts.

How have CAS shares performed in 2024?

Cascades' stock was trading at C$12.73 at the start of the year. Since then, CAS shares have decreased by 22.3% and is now trading at C$9.89.
View the best growth stocks for 2024 here
.

When is Cascades' next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Thursday, May 9th 2024.
View our CAS earnings forecast
.

How were Cascades' earnings last quarter?

Cascades Inc. (TSE:CAS) issued its earnings results on Thursday, February, 22nd. The company reported $0.05 EPS for the quarter, missing analysts' consensus estimates of $0.30 by $0.25. The company earned $1.14 billion during the quarter, compared to the consensus estimate of $1.22 billion. Cascades had a negative trailing twelve-month return on equity of 2.86% and a negative net margin of 1.64%.

How often does Cascades pay dividends? What is the dividend yield for Cascades?

Cascades declared a 1 dividend on Wednesday, March 6th. Investors of record on Thursday, March 21st will be given a dividend of 0.48 per share on Thursday, March 7th. This represents a dividend yield of 4.66%. The ex-dividend date is Thursday, March 21st. This is an increase from the stock's previous 1 dividend of C$0.12.
Read our dividend analysis for CAS
.

Is Cascades a good dividend stock?

Cascades (TSE:CAS) pays an annual dividend of C$0.48 per share and currently has a dividend yield of 4.66%. 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.

What other stocks do shareholders of Cascades own?
How do I buy shares of Cascades?

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.
Compare Top Brokerages Here.

This page (TSE:CAS) was last updated on 3/29/2024 by MarketBeat.com Staff

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