NYSE:CLWClearwater Paper Stock Price, Forecast & News

$29.57

+0.51 (+1.75 %)

(As of 05/27/2020 04:00 PM ET)

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Today's Range

$28.94

Now: $29.57▼

$29.96

50-Day Range

$16.47

MA: $24.16▼

$30.11

52-Week Range

$11.88

Now: $29.57▼

$31.49

Volume119,500 shs

Average Volume206,249 shs

Market Capitalization$490.00 million

P/E Ratio591.52

Dividend YieldN/A

Beta1.8

Clearwater Paper Corporation produces and sells produces and sells private label tissue and bleached paperboard products in the United States and internationally. It operates in two segments, Consumer Products, and Pulp and Paperboard. The Consumer Products segment manufactures and sells a line of at-home tissue products, including bathroom tissues, paper towels, facial tissues, and napkins; recycled fiber value grade products; and away-from-home products, such as conventional one- and two-ply bath tissues, two-ply paper towels, hard wound towels, and dispenser napkins. It sells its products to retailers and wholesale distributors, including grocery, drug, and discount stores, as well as mass merchants. The Pulp and Paperboard segment provides folding cartons, liquid packaging, cups, plates, blister and carded packaging, top sheet, and commercial printing items, as well as hardwood and softwood pulp. It also offers custom sheeting, slitting, and cutting services. The company is headquartered in Spokane, Washington.

Beat the Market (BTM) Rank^™

2.5 Analyst's Opinion

Consensus Rating
Clearwater Paper has received a consensus rating of Buy. The company's average rating score is 3.00, and is based on 1 buy rating, 1 hold rating, and no sell ratings.
Price Target Upside/Downside
According to analysts' consensus price target of $36.50, Clearwater Paper has a potential upside of 23.4% from its current price of $29.57.
Amount of Analyst Coverage
Clearwater Paper has only been the subject of 3 research reports in the past 90 days.

2.3 Community Rank

Outperform Votes
Clearwater Paper has received 379 “outperform” votes. (Add your “outperform” vote.)
Underperform Votes
Clearwater Paper has received 435 “underperform” votes. (Add your “underperform” vote.)
Community Sentiment
Clearwater Paper has received 53.44% “underperform” votes from our community.

MarketBeat's community ratings are surveys of what our community members think about Clearwater Paper and other stocks. Vote “Outperform” if you believe CLW will outperform the S&P 500 over the long term. Vote “Underperform” if you believe CLW will underperform the S&P 500 over the long term. You may vote once every thirty days.

0.0 Dividend Strength

Dividend Yield
Clearwater Paper does not currently pay a dividend.
Dividend Growth
Clearwater Paper does not have a long track record of dividend growth.

1.0 Company Ownership

Insider Buying vs. Insider Selling
In the past three months, Clearwater Paper insiders have not sold or bought any company stock.
Percentage Held by Insiders
Only 3.75% of the stock of Clearwater Paper is held by insiders.
Percentage Held by Institutions
82.14% of the stock of Clearwater Paper is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

0.0 Earnings and Valuation

Earnings Growth
Earnings for Clearwater Paper are expected to decrease by -86.61% in the coming year, from $1.12 to $0.15 per share.
Price to Earnings Ratio vs. the Market
The P/E ratio of Clearwater Paper is 591.52, which means that it is trading at a more expensive P/E ratio than the market average P/E ratio of about 14.79.
Price to Earnings Ratio vs. Sector
The P/E ratio of Clearwater Paper is 591.52, which means that it is trading at a more expensive P/E ratio than the Basic Materials sector average P/E ratio of about 22.20.
Price to Book Value per Share Ratio
Clearwater Paper has a P/B Ratio of 1.10. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

Overall Beat the Market Rank^™

1.16 out of 5 stars

Industry, Sector and Symbol

Stock Exchange NYSE

Industry Paperboard mills

Sub-IndustryPaper Products

SectorBasic Materials

Current SymbolNYSE:CLW

Previous Symbol

CUSIP18538R10

CIK1441236

Webwww.clearwaterpaper.com

Phone509-344-5900

Debt

Debt-to-Equity Ratio2.13

Current Ratio1.79

Quick Ratio0.97

Price-To-Earnings

Trailing P/E Ratio591.52

Forward P/E Ratio26.40

P/E GrowthN/A

Sales & Book Value

Annual Sales$1.76 billion

Price / Sales0.28

Cash Flow$7.43 per share

Price / Cash Flow3.98

Book Value$26.84 per share

Price / Book1.10

Profitability

EPS (Most Recent Fiscal Year)$0.23

Net Income$-5,600,000.00

Net Margins0.05%

Return on Equity1.59%

Return on Assets0.36%

Miscellaneous

Employees3,290

Outstanding Shares16,571,000

Market Cap$490.00 million

Next Earnings Date7/29/2020 (Estimated)

OptionableOptionable

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Clearwater Paper (NYSE:CLW) Frequently Asked Questions

How has Clearwater Paper's stock been impacted by COVID-19 (Coronavirus)?

Clearwater Paper's stock was trading at $22.57 on March 11th, 2020 when COVID-19 reached pandemic status according to the World Health Organization. Since then, CLW shares have increased by 31.0% and is now trading at $29.57. View which stocks have been most impacted by Coronavirus.

Do Wall Street analysts recommend investors buy shares of Clearwater Paper?

3 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Clearwater Paper in the last year. There are currently 1 hold rating, 1 buy rating and 1 strong buy rating for the stock, resulting in a consensus recommendation of "Buy." View analyst ratings for Clearwater Paper.

When is Clearwater Paper's next earnings date?

Clearwater Paper is scheduled to release its next quarterly earnings announcement on Wednesday, July 29th 2020. View our earnings forecast for Clearwater Paper.

How were Clearwater Paper's earnings last quarter?

Clearwater Paper Corp (NYSE:CLW) announced its quarterly earnings data on Tuesday, May, 5th. The basic materials company reported $0.57 EPS for the quarter, topping the consensus estimate of ($0.01) by $0.58. The basic materials company earned $477.90 million during the quarter, compared to analyst estimates of $447 million. Clearwater Paper had a return on equity of 1.59% and a net margin of 0.05%. View Clearwater Paper's earnings history.

What price target have analysts set for CLW?

3 equities research analysts have issued 1-year target prices for Clearwater Paper's stock. Their forecasts range from $35.00 to $38.00. On average, they expect Clearwater Paper's share price to reach $36.50 in the next twelve months. This suggests a possible upside of 23.4% from the stock's current price. View analysts' price targets for Clearwater Paper.

Has Clearwater Paper been receiving favorable news coverage?

Headlines about CLW stock have trended very negative recently, according to InfoTrie. InfoTrie identifies positive and negative media coverage by reviewing more than six thousand blog and news sources in real-time. The firm ranks coverage of public companies on a scale of -5 to 5, with scores closest to five being the most favorable. Clearwater Paper earned a news impact score of -3.8 on InfoTrie's scale. They also assigned news articles about the basic materials company a news buzz of 0.0 out of 10, meaning that recent media coverage is extremely unlikely to have an effect on the stock's share price in the near term. View the latest news aboutClearwater Paper.

Are investors shorting Clearwater Paper?

Clearwater Paper saw a increase in short interest in April. As of April 30th, there was short interest totaling 598,900 shares, an increase of 16.0% from the April 15th total of 516,400 shares. Based on an average trading volume of 224,500 shares, the days-to-cover ratio is currently 2.7 days. Currently, 3.8% of the company's shares are sold short. View Clearwater Paper's Current Options Chain.

Who are some of Clearwater Paper's key competitors?

Some companies that are related to Clearwater Paper include International Paper (IP), Black Knight (BKI), Domtar (UFS), Schweitzer-Mauduit International (SWM), Neenah (NP), P H Glatfelter (GLT) and Resolute Forest Products (RFP). View all competitors.

What other stocks do shareholders of Clearwater Paper own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Clearwater Paper investors own include Energy Transfer LP Unit (ET), Ford Motor (F), KP Tissue (KPT), AT&T (T), Sealed Air (SEE), AbbVie (ABBV), Abbott Laboratories (ABT), CBL & Associates Properties (CBL), Martin Midstream Partners (MMLP) and Exxon Mobil (XOM).

Who are Clearwater Paper's key executives?

Clearwater Paper's management team includes the following people:

Ms. Linda K. Massman, Pres, CEO & Director (Age 52)
Mr. Michael S. Gadd, Sr. VP, Gen. Counsel & Corp. Sec. (Age 54)
Ms. Kari G. Moyes, Sr. VP of HR (Age 51)
Mr. Arsen S. Kitch, Sr. VP & GM of Consumer Products Division (Age 37)
Mr. Robert G. Hrivnak, Sr. VP of Fin. & CFO (Age 59)

What is Clearwater Paper's stock symbol?

Clearwater Paper trades on the New York Stock Exchange (NYSE) under the ticker symbol "CLW."

Who are Clearwater Paper's major shareholders?

Clearwater Paper's stock is owned by many different retail and institutional investors. Top institutional investors include BlackRock Inc. (15.28%), State Street Corp (3.28%), Pictet Asset Management Ltd. (2.57%), Wedge Capital Management L L P NC (1.89%), Personal Capital Advisors Corp (1.89%) and Geode Capital Management LLC (1.42%). Company insiders that own Clearwater Paper stock include Fraser Glenn, Harrison David and Linda K Massman. View institutional ownership trends for Clearwater Paper.

Which major investors are selling Clearwater Paper stock?

CLW stock was sold by a variety of institutional investors in the last quarter, including BlackRock Inc., Morgan Stanley, Wells Fargo & Company MN, Bank of New York Mellon Corp, Parametric Portfolio Associates LLC, Pictet Asset Management Ltd., Principal Financial Group Inc., and UBS Group AG. View insider buying and selling activity for Clearwater Paper.

Which major investors are buying Clearwater Paper stock?

CLW stock was bought by a variety of institutional investors in the last quarter, including Precept Management LLC, State Street Corp, 361 Capital LLC, BNP Paribas Arbitrage SA, Atom Investors LP, Nuveen Asset Management LLC, Dynamic Technology Lab Private Ltd, and Geode Capital Management LLC. Company insiders that have bought Clearwater Paper stock in the last two years include Harrison David, and Linda K Massman. View insider buying and selling activity for Clearwater Paper.

How do I buy shares of Clearwater Paper?

Shares of CLW can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.

What is Clearwater Paper's stock price today?

One share of CLW stock can currently be purchased for approximately $29.57.

How big of a company is Clearwater Paper?

Clearwater Paper has a market capitalization of $490.00 million and generates $1.76 billion in revenue each year. The basic materials company earns $-5,600,000.00 in net income (profit) each year or $0.23 on an earnings per share basis. Clearwater Paper employs 3,290 workers across the globe.

What is Clearwater Paper's official website?

The official website for Clearwater Paper is www.clearwaterpaper.com.

How can I contact Clearwater Paper?

Clearwater Paper's mailing address is 601 WEST RIVERSIDE SUITE 1100, SPOKANE WA, 99201. The basic materials company can be reached via phone at 509-344-5900.

This page was last updated on 5/27/2020 by MarketBeat.com Staff