Q1 EPS Estimates for Cascades Cut by National Bank Financial

Cascades Inc. (TSE:CAS) – Investment analysts at National Bank Financial dropped their Q1 2025 earnings per share estimates for shares of Cascades in a report issued on Wednesday, April 23rd. National Bank Financial analyst Z. Evershed now forecasts that the company will post earnings per share of $0.09 for the quarter, down from their previous estimate of $0.24. The consensus estimate for Cascades’ current full-year earnings is $1.30 per share. National Bank Financial also issued estimates for Cascades’ FY2026 earnings at $1.38 EPS.

A number of other brokerages have also issued reports on CAS. CIBC reduced their target price on Cascades from C$13.00 to C$10.00 and set a “neutral” rating for the company in a research note on Tuesday, April 22nd. Royal Bank of Canada reduced their target price on Cascades from C$13.00 to C$11.00 and set a “sector perform” rating for the company in a research note on Tuesday, April 22nd. TD Securities reduced their target price on Cascades from C$16.00 to C$12.00 and set a “buy” rating for the company in a research note on Thursday, April 17th. Scotiabank upgraded Cascades from a “hold” rating to a “strong-buy” rating and raised their target price for the stock from C$12.00 to C$15.50 in a research note on Monday, January 27th. Finally, National Bankshares reduced their target price on Cascades from C$14.00 to C$11.00 and set a “sector perform” rating for the company in a research note on Thursday, April 24th. Three analysts have rated the stock with a hold rating, one has given a buy rating and one has assigned a strong buy rating to the company’s stock. According to data from MarketBeat, Cascades currently has a consensus rating of “Moderate Buy” and an average target price of C$11.90.

Cascades Stock Up 0.8 %

Cascades stock opened at C$8.94 on Monday. 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 stock has a market capitalization of C$904.29 million, a price-to-earnings ratio of -12.06, a PEG ratio of 0.56 and a beta of 0.15. Cascades has a 1-year low of C$8.80 and a 1-year high of C$13.42. The business has a fifty day moving average price of C$9.90 and a 200-day moving average price of C$11.16.

Cascades Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Thursday, March 20th. Investors of record on Thursday, March 20th were paid a $0.12 dividend. This represents a $0.48 annualized dividend and a yield of 5.37%. The ex-dividend date was Thursday, March 6th. Cascades’s dividend payout ratio is currently -64.73%.

Insider Activity at Cascades

In related news, Senior Officer Luc Langevin sold 9,000 shares of the stock in a transaction on Thursday, March 27th. The stock was sold at an average price of C$9.82, for a total value of C$88,380.00. 23.78% of the stock is owned by corporate insiders.

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.