
Cascades Inc. (TSE:CAS – Free Report) – Equities researchers at Scotiabank reduced their FY2026 earnings per share (EPS) estimates for Cascades in a note issued to investors on Friday, April 17th. Scotiabank analyst J. Goldman now anticipates that the company will earn $0.67 per share for the year, down from their previous estimate of $1.16. Scotiabank has a “Outperform” rating and a $14.50 price objective on the stock. The consensus estimate for Cascades’ current full-year earnings is $1.30 per share.
Cascades (TSE:CAS – Get Free Report) last announced its quarterly earnings results on Thursday, February 26th. The company reported C$0.40 earnings per share (EPS) for the quarter. Cascades had a return on equity of 4.11% and a net margin of 1.47%.The business had revenue of C$1.20 billion for the quarter.
Check Out Our Latest Stock Analysis on CAS
Cascades Stock Down 1.4%
CAS stock opened at C$10.78 on Wednesday. Cascades has a twelve month low of C$8.30 and a twelve month high of C$14.20. The company has a quick ratio of 0.86, a current ratio of 1.43 and a debt-to-equity ratio of 112.96. The stock’s 50 day moving average is C$11.89 and its 200-day moving average is C$12.05. The firm has a market capitalization of C$1.09 billion, a PE ratio of 15.62, a P/E/G ratio of 0.56 and a beta of 0.99.
Cascades Dividend Announcement
The firm also recently disclosed a quarterly dividend, which was paid on Thursday, March 26th. Investors of record on Thursday, March 26th were paid a dividend of $0.12 per share. The ex-dividend date of this dividend was Thursday, March 12th. This represents a $0.48 annualized dividend and a yield of 4.5%. Cascades’s dividend payout ratio (DPR) is currently 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.
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