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Clearwater Paper Corporation (CLW)

Basic Materials | Paper & Paper Products | Spokane, United States | NYSE
15.19 USD -0.61 (-3.861%) ⇩ (July 13, 2026, 4 p.m. EDT)
After hours: 15.19

Short-term:★★☆☆☆Long-term:★☆☆☆☆Dividends:☆☆☆☆☆
Hot Take | July 11, 2026, 4:34 a.m. EDT

The investment case for Clearwater Paper is currently broken by deteriorating fundamentals and a severe multi-year price decline. The company is generating negative free cash flow, posting negative operating margins, and reporting a 4.7% contraction in revenue. While the stock trades at a distressed price-to-book ratio, the market has correctly identified that the business quality has eroded, evidenced by a 55% drop in share price over the last nine years. The trailing twelve-month loss of $3.72 per share confirms that the low valuation is a reflection of poor performance, not a margin of safety. Short-term momentum remains weak. The stock is trading below its 200-day moving average, and the statistical forecast model offers no directional edge, reflecting the lack of a catalyst for a reversal. Options activity reinforces this bearish sentiment, with heavy put buying at distant strikes suggesting traders expect further downside. There is no dividend to provide income, and the balance sheet carries significant debt relative to its shrinking cash flows. Until there is clear evidence of a turnaround in utilization or margins, the risk-reward profile remains skewed against the buyer.

Model Selection — Backtest MAE (log-scale, lower is better)
ModelMAE
AutoETS ✓0.074057
AutoARIMA0.074221
MSTL0.074733
AutoTheta0.076635
MSTL_1260.085225

Forecast horizon: 60 days | Selected: AutoETS

Forecast Reliability
Score 43%
H-stat 0.32
Ljung-Box p 0.000
Jarque-Bera p 0.193
Excess Kurtosis -1.11
Attribute Value
Sector Basic Materials
Debt to Equity Ratio 45.859
Revenue per Share 95.525
Market Cap 244,942,592
Forward P/E -10.87
Beta 0.27
Profit Margins -1.63%
Website https://www.clearwaterpaper.com

As of July 11, 2026, 4:34 a.m. EDT: Speculators are positioning for a continued downtrend rather than a recovery. Put open interest is heavily concentrated in deep out-of-the-money strikes (7.5 and 12.5) expiring late in 2027, suggesting a bet on a significant price collapse. Conversely, call activity is almost entirely focused on out-of-the-money strikes (17.5 and 20.0), indicating a lack of conviction in a bounce to current levels. The implied volatility skew shows significantly higher premiums for downside protection compared to upside potential.


Info Dump

Attribute Value
52 Week Change -0.47210157
Address1 601 West Riverside
Address2 Suite 1100
All Time High 75.69
All Time Low 2.965
Ask 0.0
Ask Size 200
Audit Risk 3
Average Analyst Rating 2.8 - Hold
Average Daily Volume10 Day 135,560
Average Daily Volume3 Month 199,744
Average Volume 199,744
Average Volume10Days 135,560
Beta 0.273
Bid 0.0
Bid Size 200
Board Risk 2
Book Value 50.467
City Spokane
Compensation As Of Epoch Date 1,767,139,200
Compensation Risk 5
Country United States
Crypto Tradeable 0
Currency USD
Current Price 15.19
Current Ratio 2.605
Custom Price Alert Confidence HIGH
Date Short Interest 1,782,777,600
Day High 16.19
Day Low 14.935
Debt To Equity 45.859
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 1,785,268,800
Earnings Timestamp Start 1,785,268,800
Ebitda 78,300,000
Ebitda Margins 0.05093
Enterprise To Ebitda 7.428
Enterprise To Revenue 0.378
Enterprise Value 581,642,624
Eps Current Year -4.2425
Eps Forward -1.3975
Eps Trailing Twelve Months -3.72
Esg Populated 0
Exchange NYQ
Exchange Data Delayed By 0
Exchange Timezone Name America/New_York
Exchange Timezone Short Name EDT
Fifty Day Average 15.2326
Fifty Day Average Change -0.04260063
Fifty Day Average Change Percent -0.002796675
Fifty Two Week Change Percent -47.210155
Fifty Two Week High 30.96
Fifty Two Week High Change -15.7699995
Fifty Two Week High Change Percent -0.5093669
Fifty Two Week Low 11.73
Fifty Two Week Low Change 3.46
Fifty Two Week Low Change Percent 0.29497018
Fifty Two Week Range 11.73 - 30.96
Financial Currency USD
First Trade Date Milliseconds 1,228,487,400,000
Float Shares 15,574,253
Forward Eps -1.3975
Forward P E -10.869409
Free Cashflow -119,125,000
Full Exchange Name NYSE
Full Time Employees 1,900
Gmt Off Set Milliseconds -14,400,000
Governance Epoch Date 1,782,864,000
Gross Margins 0.047280002
Gross Profits 72,700,000
Has Pre Post Market Data 1
Held Percent Insiders 0.03648
Held Percent Institutions 0.81354
Implied Shares Outstanding 16,125,253
Industry Paper & Paper Products
Industry Disp Paper & Paper Products
Industry Key paper-paper-products
Is Earnings Date Estimate 1
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 244,942,592
Market State PREPRE
Max Age 86,400
Message Board Id finmb_27447874
Most Recent Quarter 1,774,915,200
Net Income To Common -59,900,000
Next Fiscal Year End 1,798,675,200
Non Diluted Market Cap 254,778,997
Number Of Analyst Opinions 4
Open 15.84
Operating Cashflow 11,300,000
Operating Margins -0.07827
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 15.19
Post Market Time 1,783,981,580
Previous Close 15.8
Price Eps Current Year -3.580436
Price Hint 2
Price To Book 0.30098876
Price To Sales Trailing12 Months 0.15931225
Profit Margins -0.01633
Quick Ratio 1.17
Quote Source Name Delayed Quote
Quote Type EQUITY
Recommendation Key hold
Recommendation Mean 2.75
Region US
Regular Market Change -0.610001
Regular Market Change Percent -3.86076
Regular Market Day High 16.19
Regular Market Day Low 14.935
Regular Market Day Range 14.935 - 16.19
Regular Market Open 15.84
Regular Market Previous Close 15.8
Regular Market Price 15.19
Regular Market Time 1,783,972,802
Regular Market Volume 145,237
Return On Assets -0.00605
Return On Equity -0.07259
Revenue Growth -0.047
Revenue Per Share 95.525
Sand P52 Week Change 0.20847368
Sector Basic Materials
Sector Disp Basic Materials
Sector Key basic-materials
Share Holder Rights Risk 5
Shares Outstanding 16,125,253
Shares Percent Shares Out 0.056500003
Shares Short 910,572
Shares Short Previous Month Date 1,780,012,800
Shares Short Prior Month 944,138
Short Name Clearwater Paper Corporation
Short Percent Of Float 0.057600003
Short Ratio 4.0
Source Interval 15
State WA
Symbol CLW
Target High Price 19.0
Target Low Price 12.0
Target Mean Price 16.75
Target Median Price 18.0
Total Cash 36,500,000
Total Cash Per Share 2.264
Total Debt 373,200,000
Total Revenue 1,537,500,032
Tradeable 0
Trailing Annual Dividend Rate 0.0
Trailing Annual Dividend Yield 0.0
Trailing Eps -3.72
Trailing Peg Ratio None
Triggerable 1
Two Hundred Day Average 16.71325
Two Hundred Day Average Change -1.5232496
Two Hundred Day Average Change Percent -0.09114025
Type Disp Equity
Volume 145,237
Website https://www.clearwaterpaper.com
Zip 99,201