What is Scotiabank’s Forecast for Cascades FY2026 Earnings?

Cascades Inc. (TSE:CAS) – Stock analysts at Scotiabank reduced their FY2026 earnings per share (EPS) estimates for shares of Cascades in a research report issued on Tuesday, July 15th. Scotiabank analyst J. Goldman now expects that the company will earn $1.33 per share for the year, down from their prior forecast of $1.42. The consensus estimate for Cascades’ current full-year earnings is $1.30 per share.

A number of other research firms have also recently weighed in on CAS. Royal Bank Of Canada decreased their price objective on shares of Cascades from C$13.00 to C$11.00 and set a “sector perform” rating for the company in a research report on Tuesday, April 22nd. CIBC decreased their price objective on shares of Cascades from C$13.00 to C$10.00 and set a “neutral” rating for the company in a research report on Tuesday, April 22nd. National Bankshares decreased their price objective on shares of Cascades from C$14.00 to C$11.00 and set a “sector perform” rating for the company in a research report on Thursday, April 24th. Finally, TD Securities cut shares of Cascades from a “buy” rating to a “hold” rating and reduced their price target for the stock from C$12.00 to C$9.50 in a research report on Friday, May 9th. Four equities research analysts have rated the stock with a hold rating and one has given a strong buy rating to the company. According to MarketBeat.com, the stock currently has an average rating of “Hold” and an average price target of C$11.40.

Cascades Stock Performance

TSE:CAS opened at C$9.21 on Friday. The company has a debt-to-equity ratio of 121.37, a current ratio of 1.22 and a quick ratio of 0.86. The firm has a 50-day moving average of C$9.02 and a two-hundred day moving average of C$10.20. The stock has a market cap of C$931.60 million, a P/E ratio of -12.42, a PEG ratio of 0.56 and a beta of 0.15. Cascades has a 1-year low of C$8.30 and a 1-year high of C$13.42.

Insider Activity

In other Cascades news, Senior Officer Allan Hogg sold 29,496 shares of the company’s stock in a transaction dated Thursday, May 15th. The shares were sold at an average price of C$8.75, for a total transaction of C$258,090.00. Also, Director Nelson Gentiletti acquired 6,000 shares of the firm’s stock in a transaction on Thursday, May 15th. The shares were purchased at an average cost of C$8.69 per share, for a total transaction of C$52,140.00. Over the last 90 days, insiders have sold 119,911 shares of company stock worth $1,068,804. Insiders own 23.78% of the company’s stock.

Cascades Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Thursday, June 5th. Shareholders of record on Thursday, June 5th were given a dividend of $0.12 per share. This represents a $0.48 dividend on an annualized basis and a yield of 5.21%. The ex-dividend date of this dividend was Thursday, May 22nd. Cascades’s dividend payout ratio is -64.73%.

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.