Clearwater Paper Corporation (CLW)Basic Materials | Paper & Paper Products | Spokane, United States | NYSE
18.46 USD
-1.13
(-5.768%) ⇩
(Oct. 14, 2026, 4 p.m.
EDT)
After hours: 18.46 |
Hot Take ↕ | Oct. 10, 2026, 11:33 a.m. EDT
The investment case for Clearwater Paper is currently broken by a severe deterioration in both fundamentals and market sentiment. The company is trapped in a multi-year structural decline, having lost over 70% of its value since 2016, with five consecutive years of negative annual returns ending in a sharp drop. Fundamentally, the business is bleeding capital with negative operating margins, negative free cash flow, and a forward P/E that is mathematically undefined due to losses. The balance sheet is strained with debt significantly outweighing cash reserves. The short-term outlook remains bleak. Price momentum is negative, trading well below its 50-day average, and the statistical forecasting model offers no directional edge, registering a neutral prediction with low confidence. This aligns with the options data, which shows no speculative buying pressure and instead highlights a heavy concentration of deep out-of-the-money put insurance, signaling fear of further collapse rather than anticipation of a rebound. With no dividend to provide income and no credible path to profitability visible in the current data, the security lacks the essential components required for a buy recommendation. |
| Model | MAE |
|---|---|
| MSTL ✓ | 0.188070 |
| AutoARIMA | 0.191065 |
| AutoETS | 0.191405 |
| AutoTheta | 0.211668 |
Forecast horizon: 45 days | Selected: MSTL
| Forecast Reliability | |
|---|---|
| Score | 45% |
| H-stat | 0.50 |
| Ljung-Box p | 0.000 |
| Jarque-Bera p | 0.895 |
| Excess Kurtosis | -0.30 |
| Attribute | Value |
|---|---|
| Sector | Basic Materials |
| Debt to Equity Ratio | 46.984 |
| Revenue per Share | 94.644 |
| Market Cap | 297,672,160 |
| Forward P/E | -14.89 |
| Beta | 0.33 |
| Profit Margins | -3.24% |
| Website | https://www.clearwaterpaper.com |
As of Oct. 10, 2026, 11:33 a.m. EDT: Options activity reveals a distinct defensive posture rather than directional speculation. Call volume is negligible across all expirations, with open interest concentrated in out-of-the-money strikes suggesting a lack of bullish conviction. Conversely, put open interest is heavily skewed toward deep out-of-the-money strikes (e.g., $7.50, $12.50) for later dates, indicating a 'tail risk' hedge strategy where investors are insuring against a catastrophic collapse rather than betting on a specific downside move. The implied volatility surface shows elevated premiums for downside protection relative to upside potential, confirming that market participants view the primary risk as a continued decline.
| Attribute | Value |
|---|---|
| 52 Week Change | 0.031595588 |
| Address1 | 601 West Riverside |
| Address2 | Suite 1100 |
| All Time High | 75.69 |
| All Time Low | 2.965 |
| Ask | 19.66 |
| Ask Size | 100 |
| Audit Risk | 3 |
| Average Analyst Rating | 2.8 - Hold |
| Average Daily Volume10 Day | 103,400 |
| Average Daily Volume3 Month | 167,443 |
| Average Volume | 167,443 |
| Average Volume10Days | 103,400 |
| Beta | 0.327 |
| Bid | 17.72 |
| Bid Size | 100 |
| Board Risk | 2 |
| Book Value | 49.24 |
| City | Spokane |
| Compensation As Of Epoch Date | 1,767,139,200 |
| Compensation Risk | 4 |
| Country | United States |
| Crypto Tradeable | 0 |
| Currency | USD |
| Current Price | 18.46 |
| Current Ratio | 2.29 |
| Custom Price Alert Confidence | HIGH |
| Date Short Interest | 1,790,726,400 |
| Day High | 19.13 |
| Day Low | 18.17 |
| Debt To Equity | 46.984 |
| Display Name | Clearwater Paper |
| Dividend Yield | 0.0 |
| Earnings Call Timestamp End | 1,793,048,400 |
| Earnings Call Timestamp Start | 1,793,048,400 |
| Earnings Timestamp | 1,793,044,800 |
| Earnings Timestamp End | 1,793,044,800 |
| Earnings Timestamp Start | 1,793,044,800 |
| Ebitda | 25,400,000 |
| Ebitda Margins | 0.01671 |
| Enterprise To Ebitda | 23.372 |
| Enterprise To Revenue | 0.39 |
| Enterprise Value | 593,642,880 |
| Eps Current Year | -3.67 |
| Eps Forward | -1.24 |
| Eps Trailing Twelve Months | -5.27 |
| Esg Populated | 0 |
| Exchange | NYQ |
| Exchange Data Delayed By | 20 |
| Exchange Timezone Name | America/New_York |
| Exchange Timezone Short Name | EDT |
| Fifty Day Average | 20.8688 |
| Fifty Day Average Change | -2.4088001 |
| Fifty Day Average Change Percent | -0.11542591 |
| Fifty Two Week Change Percent | 3.1595588 |
| Fifty Two Week High | 23.59 |
| Fifty Two Week High Change | -5.130001 |
| Fifty Two Week High Change Percent | -0.21746507 |
| Fifty Two Week Low | 11.73 |
| Fifty Two Week Low Change | 6.7299995 |
| Fifty Two Week Low Change Percent | 0.5737425 |
| Fifty Two Week Range | 11.73 - 23.59 |
| Financial Currency | USD |
| First Trade Date Milliseconds | 1,228,487,400,000 |
| Float Shares | 15,562,808 |
| Forward Eps | -1.24 |
| Forward P E | -14.887095 |
| Free Cashflow | -9,825,000 |
| Full Exchange Name | NYSE |
| Full Time Employees | 1,900 |
| Fullday Change | 0.9200001 |
| Fullday Change Percent | 4.927692 |
| Fullday Price | 18.46 |
| Gmt Off Set Milliseconds | -14,400,000 |
| Governance Epoch Date | 1,790,812,800 |
| Gross Margins | 0.01033 |
| Gross Profits | 15,700,000 |
| Has Pre Post Market Data | 1 |
| Held Percent Insiders | 0.03619 |
| Held Percent Institutions | 0.90037 |
| Implied Shares Outstanding | 16,125,253 |
| 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 | 297,672,160 |
| Market State | POST |
| Max Age | 86,400 |
| Message Board Id | finmb_27447874 |
| Most Recent Quarter | 1,782,777,600 |
| Net Income To Common | -85,000,000 |
| Next Fiscal Year End | 1,798,675,200 |
| Non Diluted Market Cap | 344,811,594 |
| Number Of Analyst Opinions | 4 |
| Open | 19.26 |
| Operating Cashflow | 108,500,000 |
| Operating Margins | -0.103520006 |
| Overall Risk | 3 |
| Payout Ratio | 0.0 |
| Peg Ratio | 3.21 |
| Phone | 509 344 5900 |
| Post Market Change | 0.0 |
| Post Market Change Percent | 0.0 |
| Post Market Price | 18.46 |
| Post Market Time | 1,792,008,605 |
| Previous Close | 19.59 |
| Price Eps Current Year | -5.0299726 |
| Price Hint | 2 |
| Price To Book | 0.37489843 |
| Price To Sales Trailing12 Months | 0.19577256 |
| Profit Margins | -0.032420002 |
| Quick Ratio | 1.112 |
| Quote Source Name | Nasdaq Real Time Price |
| Quote Type | EQUITY |
| Recommendation Key | hold |
| Recommendation Mean | 2.75 |
| Region | US |
| Regular Market Change | -1.13 |
| Regular Market Change Percent | -5.76825 |
| Regular Market Day High | 19.13 |
| Regular Market Day Low | 18.17 |
| Regular Market Day Range | 18.17 - 19.13 |
| Regular Market Open | 19.26 |
| Regular Market Previous Close | 19.59 |
| Regular Market Price | 18.46 |
| Regular Market Time | 1,792,008,002 |
| Regular Market Volume | 147,635 |
| Return On Assets | -0.026700001 |
| Return On Equity | -0.10424 |
| Revenue Growth | -0.043 |
| Revenue Per Share | 94.644 |
| Sand P52 Week Change | 0.17004645 |
| Sector | Basic Materials |
| Sector Disp | Basic Materials |
| Sector Key | basic-materials |
| Share Holder Rights Risk | 4 |
| Shares Outstanding | 16,125,253 |
| Shares Percent Shares Out | 0.038900003 |
| Shares Short | 626,983 |
| Shares Short Previous Month Date | 1,788,134,400 |
| Shares Short Prior Month | 623,567 |
| Short Name | Clearwater Paper Corporation |
| Short Percent Of Float | 0.0397 |
| Short Ratio | 4.76 |
| Source Interval | 15 |
| State | WA |
| Symbol | CLW |
| Target High Price | 25.0 |
| Target Low Price | 20.0 |
| Target Mean Price | 21.75 |
| Target Median Price | 21.0 |
| Total Cash | 95,400,000 |
| Total Cash Per Share | 5.915 |
| Total Debt | 373,100,000 |
| Total Revenue | 1,520,499,968 |
| Tradeable | 0 |
| Trailing Annual Dividend Rate | 0.0 |
| Trailing Annual Dividend Yield | 0.0 |
| Trailing Eps | -5.27 |
| Trailing Peg Ratio | None |
| Triggerable | 1 |
| Two Hundred Day Average | 17.16355 |
| Two Hundred Day Average Change | 1.2964497 |
| Two Hundred Day Average Change Percent | 0.07553506 |
| Type Disp | Equity |
| Volume | 147,635 |
| Website | https://www.clearwaterpaper.com |
| Zip | 99,201 |