About Clearwater Paper (NYSE:CLW)
Clearwater Paper Corporation manufactures consumer tissue, away-from-home (AFH) tissue, parent roll tissue, bleached paperboard and pulp at manufacturing facilities across the nation. The Company operates through two segments: Consumer Products segment, and Pulp and Paperboard segment. The Company's Consumer Products segment manufactures and sells a line of at-home tissue products, as well as AFH products. The Company's Pulp and Paperboard segment manufactures and markets bleached paperboard for the packaging industry. It is a producer of solid bleach sulfate (SBS) paperboard. The Company is a supplier of private label tissue to a range of retailers and wholesale distributors, including grocery, drug, mass merchants and discount stores. In addition, the Company produces bleached paperboard used by printers and packaging converters, and offers services that include custom sheeting, slitting and cutting.
Industry, Sector and Symbol:
- Industry: Pulp Mills
- Sub-Industry: Paper Products
- Sector: Basic Materials
- Symbol: NYSE:CLW
- CUSIP: 18538R10
- Web: www.clearwaterpaper.com
- Debt-to-Equity Ratio: 1.17%
- Current Ratio: 1.11%
- Quick Ratio: 0.43%
Sales & Book Value:
- Trailing P/E Ratio: 21.37
- Forward P/E Ratio: 20.90
- P/E Growth: 4.06
- Annual Sales: $1.73 billion
- Price / Sales: 0.44
- Cash Flow: $9.22 per share
- Price / Cash: 5.03
- Book Value: $28.10 per share
- Price / Book: 1.65
- Trailing EPS: $1.54
- Net Income: $49.55 million
- Net Margins: 0.20%
- Return on Equity: 0.71%
- Return on Assets: 0.20%
- Employees: 3,370
- Outstanding Shares: 16,430,000
Frequently Asked Questions for Clearwater Paper (NYSE:CLW)
What is Clearwater Paper's stock symbol?
Clearwater Paper trades on the New York Stock Exchange (NYSE) under the ticker symbol "CLW."
How were Clearwater Paper's earnings last quarter?
Clearwater Paper Co. (NYSE:CLW) issued its quarterly earnings results on Thursday, October, 19th. The basic materials company reported $0.32 earnings per share (EPS) for the quarter, topping the Thomson Reuters' consensus estimate of $0.14 by $0.18. The basic materials company earned $426.50 million during the quarter, compared to analyst estimates of $426.87 million. Clearwater Paper had a net margin of 0.20% and a return on equity of 0.71%. Clearwater Paper's quarterly revenue was down 2.0% compared to the same quarter last year. During the same quarter last year, the business posted $0.14 EPS. View Clearwater Paper's Earnings History.
When will Clearwater Paper make its next earnings announcement?
Where is Clearwater Paper's stock going? Where will Clearwater Paper's stock price be in 2017?
4 Wall Street analysts have issued 12 month price objectives for Clearwater Paper's shares. Their forecasts range from $60.00 to $60.00. On average, they anticipate Clearwater Paper's share price to reach $60.00 in the next year. View Analyst Ratings for Clearwater Paper.
What are Wall Street analysts saying about Clearwater Paper stock?
Here are some recent quotes from research analysts about Clearwater Paper stock:
- 1. KeyCorp analysts commented, "We are again reducing our estimates for Clearwater Paper (CLW) following its recent negative pre-announcement. We expect some of the pressures that plagued the Company in 3Q17 (pulp and transportation prices are going up and tissue market conditions are quite challenging, among other factors) to persist in 4Q, such that we are significantly reducing our estimates for both quarters. We are reducing our 2018 estimates for the same reason. On our revised estimates, CLW will not be in compliance with its debt covenants beginning in 4Q17. Key Investment Points We are reducing our 3Q17 adj. EBITDA estimate from $43M to $35M and our 4Q17 estimate from $58M to $51M, such that our 2017 estimate is going from $196M to $180M." (10/12/2017)
- 2. According to Zacks Investment Research, "Clearwater Paper,a standalone company,produces pulp and paperboard at six facilities across the country namely Lewiston, Idaho; Las Vegas, Nev.; Elwood, Ill.; and near McGehee, Ark. The company manufactures quality paperboard, consumer tissue, and wood products.It has direct access to the public capital markets .The company is a premier supplier of private label tissue to major retail grocery chains, and also produces bleached paperboard used by quality-conscious printers and packaging converters. " (10/9/2017)
Who are some of Clearwater Paper's key competitors?
Some companies that are related to Clearwater Paper include Neenah Paper (NP), Ferrexpo Plc (FXPO), Tahoe Resources (TAHO), Boise Cascade, L.L.C. (BCC), GMS (GMS), Enerflex (EFX), Multi Packaging Solutions Intrntnl Ltd (MPSX), Usinas Siderurgicas de Minas Gerais SA (USNZY), Nuvista Energy Ltd (NVA), Labrador Iron Ore Royalty Corporation (LIF), Orion Engineered Carbons S.A (OEC), Coeur Mining (CDE), Harsco Corporation (HSC), Century Aluminum Company (CENX), Constellium N.V. (CSTM), Birchcliff Energy (BIR), Secure Energy Services (SES) and Ssab Svenskt (SSAAY).
Who are Clearwater Paper's key executives?
Clearwater Paper's management team includes the folowing people:
- Boh A. Dickey, Lead Independent Chairman of the Board
- Linda K. Massman, President, Chief Executive Officer, Director
- John D. Hertz, Chief Financial Officer, Senior Vice President - Finance
- Michael S. Gadd, Senior Vice President, General Counsel, Corporate Secretary
- Kari G. Moyes, Senior Vice President - Human Resources
- Patrick T. Burke, Senior Vice President, Group President
- Beth E. Ford, Independent Director
- Kevin J. Hunt, Independent Director
- William D. Larsson, Independent Director
- John Patrick O'Donnell Ph.D., Independent Director
Who owns Clearwater Paper stock?
Clearwater Paper's stock is owned by a number of of institutional and retail investors. Top institutional shareholders include Dimensional Fund Advisors LP (8.23%), Brown Advisory Inc. (2.83%), Wedge Capital Management L L P NC (2.24%), Pictet Asset Management Ltd. (1.34%), Frontier Capital Management Co. LLC (1.25%) and Bank of New York Mellon Corp (1.23%). Company insiders that own Clearwater Paper stock include John Hertz and Michael S Gadd. View Institutional Ownership Trends for Clearwater Paper.
Who sold Clearwater Paper stock? Who is selling Clearwater Paper stock?
Clearwater Paper's stock was sold by a variety of institutional investors in the last quarter, including Wedge Capital Management L L P NC, GSA Capital Partners LLP, Brown Advisory Inc., Bank of New York Mellon Corp, Russell Investments Group Ltd., Frontier Capital Management Co. LLC, California State Teachers Retirement System and Great West Life Assurance Co. Can. View Insider Buying and Selling for Clearwater Paper.
Who bought Clearwater Paper stock? Who is buying Clearwater Paper stock?
Clearwater Paper's stock was bought by a variety of institutional investors in the last quarter, including Pictet Asset Management Ltd., Dimensional Fund Advisors LP, Prudential Financial Inc., Personal Capital Advisors Corp, First Trust Advisors LP, Shell Asset Management Co., Wells Fargo & Company MN and Schwab Charles Investment Management Inc.. View Insider Buying and Selling for Clearwater Paper.
How do I buy Clearwater Paper stock?
Shares of Clearwater Paper 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, Scottrade, Fidelity and Charles Schwab.
What is Clearwater Paper's stock price today?
One share of Clearwater Paper stock can currently be purchased for approximately $46.40.
How big of a company is Clearwater Paper?
Clearwater Paper has a market capitalization of $741.15 million and generates $1.73 billion in revenue each year. The basic materials company earns $49.55 million in net income (profit) each year or $1.54 on an earnings per share basis. Clearwater Paper employs 3,370 workers across the globe.
How can I contact Clearwater Paper?
Clearwater Paper's mailing address is 601 WEST RIVERSIDE AVENUE SUITE 1100, SPOKANE WA, 99201. The basic materials company can be reached via phone at 509-344-5900.
MarketBeat Community Rating for Clearwater Paper (NYSE CLW)MarketBeat's community ratings are surveys of what our community members think about Clearwater Paper and other stocks. Vote "Outperform" if you believe the stock will outperform the S&P 500 over the long term. Vote "Underperform" if you believe the stock will underperform the S&P 500 over the long term. You may vote once every thirty days.
Analysts' Consensus Rating for Clearwater Paper (NYSE:CLW) (How are Consensus Ratings Calculated?)
MarketBeat calculates consensus analyst ratings for company stocks using the most recent rating from each brokerage that has rated a stock within the last twelve months. Since brokers often use different ratings systems, each rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Analyst consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings from Wall Street analysts. Each stock's consensus analyst rating is derived from its calculated consensus ratings score (0-1.5 = Sell, 1.5-2.5 = Hold, 2.5-3.5 = Buy, >3.5 = Strong Buy). MarketBeat's consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months.
MarketBeat will no longer include ratings and price target data in its consensus calculation if a broker drops coverage and MarketBeat has received a report that coverage was dropped. Ratings from certain research firms that issue ratings using purely quantitative methods (such as Zacks, Vetr and ValuEngine) are not included in consensus calculations. MarketBeat's consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.
|Ratings Breakdown: ||0 Sell Ratings, 2 Hold Ratings, 2 Buy Ratings, 0 Strong Buy Ratings|
|Consensus Rating:||Buy (Score: 2.50)|
|Consensus Price Target: ||$60.00 (29.31% upside)|
Consensus Price Target History for Clearwater Paper (NYSE:CLW)
Analysts' Ratings History for Clearwater Paper (NYSE:CLW)
(Data available from 11/21/2015 forward)
|Date||Firm||Action||Rating||Price Target||Impact on Share Price||Details|
|8/4/2017||Royal Bank Of Canada||Lower Price Target||Sector Perform||$63.00 -> $60.00||Low|
|4/24/2017||Vertical Research||Upgrade||Hold -> Buy||Low|
|1/31/2017||DA Davidson||Upgrade||Neutral -> Buy||N/A|
|7/22/2016||Vertical Group||Downgrade||Buy -> Hold||N/A|
|6/8/2016||Macquarie||Reiterated Rating||Outperform||$66.00 -> $75.00||N/A|
Earnings History and Estimates Chart for Clearwater Paper (NYSE:CLW)
Earnings History by Quarter for Clearwater Paper (NYSE CLW)
(Data available from 1/1/2011 forward)
|Date||Quarter||Consensus Estimate||Actual EPS||Revenue Estimate||Actual Revenue||Release Link||Conference Call||Details|
|10/19/2017||Q3 2017||$0.14||$0.32||$426.87 million||$426.50 million||View||N/A|
|8/2/2017||Q2 2017||$0.46||$0.54||$439.33 million||$429.70 million||View||Listen|
|4/20/2017||Q1 2017||$0.84||$0.64||$433.26 million||$437.53 million||View||N/A|
|2/8/2017||Q416||$0.88||$0.82||$407.08 million||$425.60 million||View||Listen|
|10/20/2016||Q316||$0.15||$0.14||$432.47 million||$435.30 million||View||Listen|
|7/21/2016||Q216||$1.15||$1.37||$437.09 million||$436.70 million||View||Listen|
|4/28/2016||Q116||$0.95||$1.09||$429.08 million||$437.20 million||View||N/A|
|2/10/2016||Q415||$0.95||$0.75||$419.97 million||$431.60 million||View||Listen|
|10/29/2015||Q315||$1.15||$1.28||$446.67 million||$442.20 million||View||Listen|
|7/30/2015||Q215||$0.58||$0.74||$441.82 million||$444.60 million||View||Listen|
|4/22/2015||Q115||$0.42||$0.36||$2.48 billion||$434.00 million||View||N/A|
|2/4/2015||Q414||$0.97||$0.77||$503.50 million||$472.30 million||View||N/A|
|10/22/2014||Q314||$1.18||$1.28||$511.40 million||$511.10 million||View||Listen|
|7/23/2014||Q214||$0.73||$0.74||$499.66 million||$498.80 million||View||N/A|
|4/23/2014||Q114||$0.66||$0.66||$469.46 million||$484.90 million||View||N/A|
|2/4/2014||Q413||$0.74||$1.09||$475.99 million||$470.16 million||View||N/A|
|10/23/2013||Q313||$0.48||$0.29||$487.70 million||$487.80 million||View||N/A|
|7/24/2013||Q2 2013||$0.69||$0.51||$476.57 million||$471.00 million||View||N/A|
|4/24/2013||Q1 2013||$0.57||$0.11||$465.76 million||$460.80 million||View||N/A|
|2/20/2013||Q4 2012||$0.76||$0.84||$458.71 million||$462.70 million||View||N/A|
Earnings Estimates for Clearwater Paper (NYSE:CLW)
(Data provided by Zacks Investment Research)
|Quarter||Number of Estimates||Low Estimate||High Estimate||Average Estimate|
Dividend History for Clearwater Paper (NYSE:CLW)
No dividend announcements for this company have been tracked by MarketBeat.com
Insider Trading and Institutional Ownership History for Clearwater Paper (NYSE CLW)
Insider Ownership Percentage: 2.41%
Institutional Ownership Percentage: 82.79%
Insider Trades by Quarter for Clearwater Paper (NYSE CLW)
(Data available from 1/1/2013 forward)
|Transaction Date||Insider Name||Title||Buy/Sell||Number of Shares||Average Share Price||Total Transaction||Details|
|7/31/2017||Michael S Gadd||Insider||Sell||1,546||$50.04||$77,361.84|| |
|7/20/2017||Michael S Gadd||Insider||Sell||877||$50.01||$43,858.77|| |
|10/26/2016||Michael S Gadd||Insider||Sell||5,129||$54.82||$281,171.78|| |
|9/1/2016||John Hertz||Insider||Sell||4,725||$62.52||$295,407.00|| |
|2/25/2016||John Hertz||SVP||Buy||5,180||$38.54||$199,637.20|| |
|10/25/2013||Johnathan D Hunter||VP||Sell||2,101||$52.03||$109,315.03|| |
|8/1/2013||John Hertz||SVP||Buy||4,000||$49.35||$197,400.00|| |
|5/3/2013||Thomas A Colgrove||VP||Buy||1,750||$46.20||$80,850.00|| |
|8/8/2012||Robert P Devleming||VP||Buy||2,267||$35.09||$79,549.03|| |
Latest Headlines for Clearwater Paper (NYSE CLW)
|ETFs with exposure to Clearwater Paper Corp. : November 16, 2017|
finance.yahoo.com - November 16 at 12:51 PM
|Clearwater Paper Corp. breached its 50 day moving average in a Bearish Manner : CLW-US : November 8, 2017|
finance.yahoo.com - November 8 at 9:17 PM
|ETFs with exposure to Clearwater Paper Corp. : November 6, 2017|
finance.yahoo.com - November 6 at 6:32 PM
|Clearwater Paper Corp. :CLW-US: Earnings Analysis: Q3, 2017 By the Numbers : November 3, 2017|
finance.yahoo.com - November 4 at 7:22 AM
|Clearwater Paper Corporation (CLW) Receives Consensus Recommendation of "Hold" from Analysts|
www.americanbankingnews.com - November 1 at 5:48 AM
|Clearwater Paper Corp. breached its 50 day moving average in a Bullish Manner : CLW-US : October 27, 2017|
finance.yahoo.com - October 27 at 8:03 PM
|KeyCorp Reiterates Hold Rating for Clearwater Paper Corporation (CLW)|
www.americanbankingnews.com - October 21 at 4:08 PM
|Clearwater Paper Corporation 2017 Q3 - Results - Earnings Call Slides|
seekingalpha.com - October 20 at 6:47 PM
|Edited Transcript of CLW earnings conference call or presentation 19-Oct-17 9:00pm GMT|
finance.yahoo.com - October 20 at 6:47 PM
|Clearwater Paper's (CLW) CEO Linda Massman on Q3 2017 Results - Earnings Call Transcript|
seekingalpha.com - October 20 at 3:51 AM
|Clearwater Paper Corporation Q3 Profit Climbs 124%|
www.nasdaq.com - October 19 at 10:50 PM
|Clearwater Paper Reports Third Quarter 2017 Results|
finance.yahoo.com - October 19 at 5:48 PM
|Clearwater Paper posts 3Q profit|
finance.yahoo.com - October 19 at 5:48 PM
|Clearwater Paper Corporation (CLW) Issues Earnings Results|
www.americanbankingnews.com - October 19 at 5:12 PM
|Clearwater Paper Corporation (CLW) Given Hold Rating at KeyCorp|
www.americanbankingnews.com - October 12 at 5:18 PM
|Clearwater Paper Corporation (CLW) Scheduled to Post Quarterly Earnings on Thursday|
www.americanbankingnews.com - October 12 at 2:12 AM
|Clearwater Paper Corporation (CLW) Downgraded by Zacks Investment Research to "Sell"|
www.americanbankingnews.com - October 9 at 10:50 PM
|Research Analysts Set Expectations for Clearwater Paper Corporation's FY2018 Earnings (CLW)|
www.americanbankingnews.com - October 9 at 7:13 AM
|Clearwater Paper Corporation (CLW) Receives Average Recommendation of "Hold" from Brokerages|
www.americanbankingnews.com - October 7 at 6:52 AM
|Featured Company News - Clearwater Paper Updates on Factors Going to Impact Q3 2017 Operating Results|
finance.yahoo.com - October 6 at 5:31 PM
|Clearwater Paper Corp. – Value Analysis (NYSE:CLW) : October 6, 2017|
finance.yahoo.com - October 6 at 5:31 PM
|Clearwater Paper Corp. breached its 50 day moving average in a Bearish Manner : CLW-US : October 5, 2017|
finance.yahoo.com - October 5 at 11:19 AM
|BRIEF-Clearwater Paper provides an update of impacts to Q3 results|
www.reuters.com - October 4 at 12:03 PM
|Clearwater Paper updates on Q3 issues|
seekingalpha.com - October 4 at 12:03 PM
|Clearwater Paper Provides an Update of Impacts to Third Quarter Results and Availability and Timing of Third Quarter 2017 Earnings Conference Call and Webcast|
finance.yahoo.com - October 4 at 12:03 PM
|Melitta USA Celebrates Innovation on National Coffee Day|
www.businesswire.com - September 28 at 12:25 AM
|WestRock to Build New Plant in Brazil to Meet Growing Demand|
finance.yahoo.com - September 28 at 12:25 AM
|WestRock to Build New Plant in Brazil to Meet Growing Demand - Nasdaq|
www.nasdaq.com - September 27 at 7:23 PM
|Clearwater Paper Corp. breached its 50 day moving average in a Bearish Manner : CLW-US : September 22, 2017|
finance.yahoo.com - September 22 at 4:17 PM
| Analysts Expect Clearwater Paper Corporation (CLW) Will Announce Quarterly Sales of $439.85 Million|
www.americanbankingnews.com - September 16 at 5:46 AM
|Clearwater Paper Corp. breached its 50 day moving average in a Bullish Manner : CLW-US : September 12, 2017|
finance.yahoo.com - September 12 at 5:57 PM
|Clearwater Paper Corporation (CLW) Receives Consensus Recommendation of "Hold" from Brokerages|
www.americanbankingnews.com - September 12 at 6:56 AM
|Two new interconnected hotels opening in Clearwater Beach next month|
www.bizjournals.com - August 23 at 5:54 PM
|See How Clearwater Paper Ranks Among Analysts' Top Picks With Strong Buyback Activity|
www.thestreet.com - August 23 at 5:54 PM
|Clearwater Paper Announces Participation at Upcoming Investor Conferences|
finance.yahoo.com - August 22 at 5:50 PM
|See what the IHS Markit Score report has to say about Clearwater Paper Corp.|
finance.yahoo.com - August 21 at 5:08 PM
|Clearwater Paper Corp. – Value Analysis (NYSE:CLW) : August 17, 2017|
finance.yahoo.com - August 16 at 10:45 PM
|Clearwater Paper Corporation (NYSE:CLW) Expected to Post Quarterly Sales of $439.85 Million|
www.americanbankingnews.com - August 10 at 12:46 PM
| Analysts Expect Clearwater Paper Corp (NYSE:CLW) Will Post Earnings of $0.39 Per Share|
www.americanbankingnews.com - August 9 at 12:10 AM
|Brokers Set Expectations for Clearwater Paper Corporation's Q3 2017 Earnings (CLW)|
www.americanbankingnews.com - August 7 at 7:08 AM
|Research Analysts Issue Forecasts for Clearwater Paper Corporation's Q3 2017 Earnings (NYSE:CLW)|
www.americanbankingnews.com - August 7 at 7:08 AM
|Royal Bank Of Canada Lowers Clearwater Paper Corporation (CLW) Price Target to $60.00|
www.americanbankingnews.com - August 6 at 3:54 PM
|Clearwater Paper Corp. breached its 50 day moving average in a Bearish Manner : CLW-US : August 4, 2017|
finance.yahoo.com - August 4 at 5:35 PM
|Edited Transcript of CLW earnings conference call or presentation 2-Aug-17 9:00pm GMT|
finance.yahoo.com - August 3 at 6:51 PM
|Clearwater Paper Corporation 2017 Q2 - Results - Earnings Call Slides|
seekingalpha.com - August 3 at 4:08 AM
|Clearwater Paper posts 2Q profit|
finance.yahoo.com - August 2 at 11:05 PM
|Michael S. Gadd Sells 1,546 Shares of Clearwater Paper Corporation (NYSE:CLW) Stock|
www.americanbankingnews.com - August 2 at 10:28 PM
|Clearwater Paper Corporation (CLW) Releases Quarterly Earnings Results, Beats Estimates By $0.02 EPS|
www.americanbankingnews.com - August 2 at 9:04 PM
|Clearwater Paper Corporation Q2 Income Drops 66%|
www.nasdaq.com - August 2 at 6:02 PM
|Clearwater Paper Reports Second Quarter 2017 Results|
finance.yahoo.com - August 2 at 6:02 PM
Clearwater Paper (NYSE CLW) Chart for Tuesday, November, 21, 2017