What is Scotiabank’s Forecast for Cascades FY2026 Earnings?

Cascades Inc. (TSE:CAS) – Equities research analysts at Scotiabank upped their FY2026 earnings estimates for shares of Cascades in a research note issued to investors on Wednesday, August 19th. Scotiabank analyst J. Goldman now forecasts that the company will earn $1.00 per share for the year, up from their previous forecast of $0.65. The consensus estimate for Cascades’ current full-year earnings is $1.30 per share.

Several other equities research analysts have also issued reports on the company. National Bank Financial lifted their price objective on Cascades from C$13.00 to C$17.00 and gave the company a “sector perform” rating in a research note on Monday, August 10th. Desjardins upped their target price on Cascades from C$13.00 to C$19.00 and gave the stock a “hold” rating in a research note on Monday, August 10th. Canadian Imperial Bank of Commerce raised Cascades from a “hold” rating to a “strong-buy” rating in a report on Tuesday, July 21st. TD lifted their price target on Cascades from C$13.00 to C$15.00 and gave the company a “buy” rating in a research report on Tuesday, July 14th. Finally, Scotia lifted their price target on Cascades from C$16.00 to C$20.50 and gave the company a “sector outperform” rating in a research report on Friday, August 14th. One equities research analyst has rated the stock with a Strong Buy rating, five have assigned a Buy rating and two have assigned a Hold rating to the company. According to MarketBeat.com, Cascades presently has an average rating of “Moderate Buy” and an average target price of C$16.50.

Cascades Trading Down 4.6%

Cascades stock opened at C$16.72 on Monday. The stock has a market cap of C$1.70 billion, a P/E ratio of 13.48, a PEG ratio of 0.56 and a beta of 1.04. Cascades has a fifty-two week low of C$9.35 and a fifty-two week high of C$17.97. The firm’s fifty day moving average price is C$13.54 and its 200-day moving average price is C$12.21. The company has a debt-to-equity ratio of 111.08, a quick ratio of 0.86 and a current ratio of 1.48.

Cascades (TSE:CAS) last announced its quarterly earnings results on Thursday, August 6th. The company reported C$0.24 EPS for the quarter. The firm had revenue of C$1.22 billion during the quarter. Cascades had a net margin of 2.64% and a return on equity of 7.24%.

Insiders Place Their Bets

In related news, insider Jérôme Nadeau sold 5,234 shares of the stock in a transaction on Tuesday, August 18th. The stock was sold at an average price of C$17.30, for a total value of C$90,548.20. Following the transaction, the insider owned 21,997 shares of the company’s stock, valued at C$380,548.10. This represents a 19.22% decrease in their ownership of the stock. Also, insider Allan Hogg sold 17,684 shares of the firm’s stock in a transaction dated Tuesday, August 18th. The shares were sold at an average price of C$17.50, for a total value of C$309,470.00. Following the sale, the insider owned 112,056 shares in the company, valued at C$1,960,980. The trade was a 13.63% decrease in their position. Insiders own 23.78% of the company’s stock.

Cascades Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Thursday, September 3rd. Stockholders of record on Thursday, September 3rd will be issued a dividend of $0.12 per share. This represents a $0.48 dividend on an annualized basis and a dividend yield of 2.9%. The ex-dividend date of this dividend is Thursday, August 20th. Cascades’s payout ratio is currently 38.71%.

About Cascades

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.