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Clearwater Paper Corporation (CLW)

Basic Materials | Paper & Paper Products | Spokane, United States | NYSE
15.00 USD +0.20 (1.351%) ⇧ (April 17, 2026, 4 p.m. EDT)
After hours: 15.01 +0.01 (0.067%) ⇧ (April 17, 2026, 6:20 p.m. EDT)

Short-term: ★★☆☆☆ | Long-term: ★☆☆☆☆ | Dividends: ☆☆☆☆☆
Hot Take | April 18, 2026, 11:41 p.m. EDT

A value trap with deteriorating fundamentals. Despite attractive valuations (P/S < 0.2), Clearwater Paper is trapped by negative earnings (-EPS), negative free cash flow, and a debt-to-equity ratio of 47. Recent operational cutbacks (20% job cuts, mill slowdowns) signal severe demand overhang. While analyst consensus suggests a 'Buy' based on low valuation, the reality of a return on equity of -6.3% and a fundamental loss of profitability creates a high-risk, low-conviction scenario better suited for a deep value trap than an investment opportunity.

Model Selection — Backtest MAE (log-scale, lower is better)
ModelMAE
MSTL ✓0.140911
AutoARIMA0.143129
AutoETS0.143131
AutoTheta0.143315

Forecast horizon: 45 days | Selected: MSTL

Forecast Reliability
Score 49%
H-stat 4.29
Ljung-Box p 0.000
Jarque-Bera p 0.268
Excess Kurtosis -0.79
Attribute Value
Sector Basic Materials
Debt to Equity Ratio 47.268
Revenue per Share 96.196
Market Cap 240,577,280
Forward P/E -12.75
Beta 0.22
Profit Margins -1.20%
Website https://www.clearwaterpaper.com

As of April 18, 2026, 11:41 p.m. EDT: Options flow indicates a dominant bearish positioning strategy for the near term. In the April 17 expiry, out-of-the-money (OTM) put option Open Interest (OI) significantly outweighs Call OI (323 vs 1.8k at 20 strike, but notably higher relative volume for puts in the 17.5+ strikes compared to calls). Conversely, Call OI is heavily concentrated above the current price (15.00) at strikes like 20.00 and 25.00, suggesting a 'long gamma' or leveraged call stance rather than a directional bullish bet for the immediate week. Longer dated calls (May/July) show higher volume but remain below the money (ATM), suggesting speculation on a significant breakout above 17.50-20.00 rather than a steady grind lower. However, the ATM Put IV is elevated (1.47) compared to Calls (0.86), indicating risk of a downward spike is priced in, yet the strategy remains much more bullish on upside potential despite the fund positioning.


Info Dump

Attribute Value
52 Week Change -0.38524592
Address1 601 West Riverside
Address2 Suite 1100
All Time High 75.69
All Time Low 2.965
Ask 16.28
Ask Size 1,200
Audit Risk 4
Average Analyst Rating 2.0 - Buy
Average Daily Volume10 Day 124,360
Average Daily Volume3 Month 228,020
Average Volume 228,020
Average Volume10Days 124,360
Beta 0.22
Bid 14.14
Bid Size 300
Board Risk 2
Book Value 51.458
City Spokane
Compensation As Of Epoch Date 1,767,139,200
Compensation Risk 4
Country United States
Crypto Tradeable 0
Currency USD
Current Price 15.0
Current Ratio 2.433
Custom Price Alert Confidence HIGH
Date Short Interest 1,774,915,200
Day High 15.45
Day Low 14.98
Debt To Equity 47.268
Display Name Clearwater Paper
Earnings Call Timestamp End 1,777,410,000
Earnings Call Timestamp Start 1,777,410,000
Earnings Timestamp 1,777,406,400
Earnings Timestamp End 1,777,406,400
Earnings Timestamp Start 1,777,406,400
Ebitda 110,000,000
Ebitda Margins 0.07072
Enterprise To Ebitda 5.454
Enterprise To Revenue 0.386
Enterprise Value 599,977,280
Eps Current Year -3.41667
Eps Forward -1.17667
Eps Trailing Twelve Months -3.28
Esg Populated 0
Exchange NYQ
Exchange Data Delayed By 0
Exchange Timezone Name America/New_York
Exchange Timezone Short Name EDT
Fifty Day Average 14.9272
Fifty Day Average Change 0.07279968
Fifty Day Average Change Percent 0.0048769815
Fifty Two Week Change Percent -38.524593
Fifty Two Week High 30.96
Fifty Two Week High Change -15.959999
Fifty Two Week High Change Percent -0.5155039
Fifty Two Week Low 12.44
Fifty Two Week Low Change 2.5600004
Fifty Two Week Low Change Percent 0.20578782
Fifty Two Week Range 12.44 - 30.96
Financial Currency USD
First Trade Date Milliseconds 1,228,487,400,000
Float Shares 15,488,525
Forward Eps -1.17667
Forward P E -12.74784
Free Cashflow -125,925,000
Full Exchange Name NYSE
Full Time Employees 1,900
Gmt Off Set Milliseconds -14,400,000
Governance Epoch Date 1,775,001,600
Gross Margins 0.07451
Gross Profits 115,900,000
Has Pre Post Market Data 1
Held Percent Insiders 0.036140002
Held Percent Institutions 0.85987
Implied Shares Outstanding 16,038,485
Industry Paper & Paper Products
Industry Disp Paper & Paper Products
Industry Key paper-paper-products
Is Earnings Date Estimate 0
Language en-US
Last Fiscal Year End 1,767,139,200
Last Split Date 1,314,576,000
Last Split Factor 2:1
Long Business Summary Clearwater Paper Corporation manufactures and supplies solid bleached sulfate (SBS) paperboard packaging products in the United States and internationally. The company offers SBS paperboard for use in folding cartons, food service, and commercial printing items; folding carton paperboards, such as blister, carded packaging, and top sheet products; food service paperboard, including liquid packaging, and cup and plate categories, as well as rigid containers comprising juice, milk, and wine; and custom sheeting and slitting of paperboard products. It serves packaging converters through sales managers. The company was founded in 1926 and is headquartered in Spokane, Washington.
Long Name Clearwater Paper Corporation
Market us_market
Market Cap 240,577,280
Market State CLOSED
Max Age 86,400
Message Board Id finmb_27447874
Most Recent Quarter 1,767,139,200
Net Income To Common -53,000,000
Next Fiscal Year End 1,798,675,200
Non Diluted Market Cap 240,577,275
Number Of Analyst Opinions 3
Open 15.06
Operating Cashflow 12,300,000
Operating Margins 0.02562
Overall Risk 3
Payout Ratio 0.0
Peg Ratio 3.21
Phone 509 344 5900
Post Market Change 0.010000229
Post Market Change Percent 0.06666819
Post Market Price 15.01
Post Market Time 1,776,464,401
Previous Close 14.8
Price Eps Current Year -4.3902397
Price Hint 2
Price To Book 0.29149985
Price To Sales Trailing12 Months 0.1546723
Profit Margins -0.01196
Quick Ratio 1.045
Quote Source Name Delayed Quote
Quote Type EQUITY
Recommendation Key buy
Recommendation Mean 2.0
Region US
Regular Market Change 0.2
Regular Market Change Percent 1.35135
Regular Market Day High 15.45
Regular Market Day Low 14.98
Regular Market Day Range 14.98 - 15.45
Regular Market Open 15.06
Regular Market Previous Close 14.8
Regular Market Price 15.0
Regular Market Time 1,776,456,002
Regular Market Volume 176,518
Return On Assets 0.0067299996
Return On Equity -0.0631
Revenue Per Share 96.196
Sand P52 Week Change 0.38150132
Sector Basic Materials
Sector Disp Basic Materials
Sector Key basic-materials
Share Holder Rights Risk 4
Shares Outstanding 16,038,485
Shares Percent Shares Out 0.053400002
Shares Short 855,979
Shares Short Previous Month Date 1,772,150,400
Shares Short Prior Month 727,885
Short Name Clearwater Paper Corporation
Short Percent Of Float 0.0545
Short Ratio 3.87
Source Interval 15
State WA
Symbol CLW
Target High Price 20.0
Target Low Price 15.0
Target Mean Price 18.0
Target Median Price 19.0
Total Cash 30,700,000
Total Cash Per Share 1.914
Total Debt 390,100,000
Total Revenue 1,555,399,936
Tradeable 0
Trailing Annual Dividend Rate 0.0
Trailing Annual Dividend Yield 0.0
Trailing Eps -3.28
Trailing Peg Ratio None
Triggerable 1
Two Hundred Day Average 19.35035
Two Hundred Day Average Change -4.3503494
Two Hundred Day Average Change Percent -0.2248202
Type Disp Equity
Volume 176,518
Website https://www.clearwaterpaper.com
Zip 99,201