TSE:CAS

Cascades (CAS) Stock Price, News & Analysis

C$10.07
+0.38 (+3.92%)
(As of 05/9/2024 ET)
Today's Range
C$9.20
C$10.25
50-Day Range
C$9.18
C$10.50
52-Week Range
C$9.10
C$15.00
Volume
303,016 shs
Average Volume
263,312 shs
Market Capitalization
C$1.01 billion
P/E Ratio
N/A
Dividend Yield
4.77%
Price Target
C$11.67

Cascades MarketRank™ Stock Analysis

Analyst Rating
Hold
2.17 Rating Score
Upside/​Downside
15.9% Upside
C$11.67 Price Target
Short Interest
N/A
Dividend Strength
Weak
Based on Four Factors
Sustainability
N/A
News Sentiment
-0.03mentions of Cascades in the last 14 days
Based on 13 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.

2.63 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

Cascades posts net loss of C$20m in Q1 FY24
You need to know these two things about AI stocks ASAP…
For 40 years, he's been known as one of the world's most bullish investors. Forbes even referred to him a "perma bull"... But he just shocked the world by issuing a massive bear warning about AI stocks.
Here's what Wall Street expects from Cascades's earnings report
You need to know these two things about AI stocks ASAP…
For 40 years, he's been known as one of the world's most bullish investors. Forbes even referred to him a "perma bull"... But he just shocked the world by issuing a massive bear warning about AI stocks.
Cascades (CAS) to Release Earnings on Thursday
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
5/10/2024
Ex-Dividend for 6/6 Dividend
5/22/2024
Dividend Payable
6/06/2024

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$11.67
High Stock Price Target
C$13.00
Low Stock Price Target
C$11.00
Potential Upside/Downside
+15.9%
Consensus Rating
Hold
Rating Score (0-4)
2.17
Research Coverage
6 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$0.55 per share
Book Value
C$17.27 per share

Miscellaneous

Free Float
N/A
Market Cap
C$1.01 billion
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?

6 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Cascades in the last twelve months. There are currently 5 hold ratings and 1 buy rating for the stock. The consensus among Wall Street 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?

6 Wall Street research analysts have issued 12 month price targets for Cascades' shares. Their CAS share price targets range from C$11.00 to C$13.00. On average, they expect the company's stock price to reach C$11.67 in the next year. This suggests a possible upside of 15.9% 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 on January 1st, 2024. Since then, CAS shares have decreased by 20.9% and is now trading at C$10.07.
View the best growth stocks for 2024 here
.

How were Cascades' earnings last quarter?

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

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

Cascades declared a quarterly dividend on Wednesday, May 22nd. Investors of record on Thursday, June 6th will be given a dividend of 0.12 per share on Thursday, June 6th. This represents a $0.48 annualized dividend and a dividend yield of 4.77%. The ex-dividend date of this dividend is Wednesday, May 22nd.
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 5.13%. 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 5/10/2024 by MarketBeat.com Staff

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