Want to see CLMT full AI Analyst Report?
CLMT Stock Chart & Stats
$47.75
-$1.03(-2.47%)
At close: 4:00 PM EDT
$47.75
-$1.03(-2.47%)
Day’s Range― - ―
52-Week Range$17.85 - $59.87
Previous CloseN/A
Volume150.45K
Average Volume (3M)1.40M
Market Cap
$5.12B
Enterprise Value$5.51B
Total Cash (Recent Filing)$109.80M
Total Debt (Recent Filing)$2.26B
Price to Earnings (P/E)―
Beta0.68
Next Earnings
Nov 06, 2026EPS Estimate
1.59Next Dividend Ex-DateN/A
Dividend Yield16.28%
Share Statistics
EPS (TTM)-1.55
Shares Outstanding87,898,230
10 Day Avg. Volume1,278,824
30 Day Avg. Volume1,402,522
Financial Highlights & Ratios
PEG Ratio0.60
Price to Book (P/B)-2.35
Price to Sales (P/S)0.42
P/FCF Ratio30.46
Enterprise Value/Market Cap1.08
Enterprise Value/Revenue1.20
Enterprise Value/Gross Profit18.29
Enterprise Value/Ebitda-201.99
Forecast
1Y Price Target
$53.40Price Target Upside11.83% Upside
Rating ConsensusModerate Buy
Number of Analyst Covering5
EPS Forecast (FY)-2.25
Revenue Forecast (FY)$4.93B
Bulls Say, Bears Say
Bulls Say
Specialty Products MomentumSpecialty products are delivering strong volume growth and sharply higher EBITDA, indicating durable demand and improved commercial execution. Continued pricing actions and specification-driven products can support mix quality and reinforce Calumet’s position beyond commodity fuel markets.
Cash Generation And DeleveragingStrong operating and free cash flow provide internally generated funding for debt reduction and strategic investment. Combined with management’s note repayment and leverage targets, this can improve financial flexibility and reduce balance-sheet pressure over the next several quarters.
Capital-Efficient SAF ExpansionRepurposing existing equipment materially lowers the capital required to expand Montana Renewables while preserving a substantial SAF growth opportunity. The staged design and use of operating earnings could improve returns, limit dilution risk, and broaden Calumet’s renewable-fuels platform.
Bears Say
Deeply Negative EquityA deeply negative equity position leaves Calumet with limited balance-sheet resilience if operating conditions weaken. Although debt has declined, the accumulated deficit and history of elevated leverage can constrain capital allocation, increase refinancing sensitivity, and make downturn protection more difficult.
Persistent Profitability WeaknessPositive cash flow has not yet translated into consistent accounting profits. Thin gross margins, recurring losses, and volatility across years indicate earnings remain highly sensitive to costs, pricing, and operating conditions, limiting confidence that current performance is sustainable through a full cycle.
Industry Supply And Logistics CostsTight base-oil supply may support prices, but constrained industry capacity and higher logistics and insurance costs can disrupt operations and compress realized margins. These pressures are broader than one facility and may remain relevant for months, complicating planning and profitability.
Calumet Specialty Products News
CLMT FAQ
What was Calumet Specialty Products’s price range in the past 12 months?
Calumet Specialty Products lowest stock price was $17.85 and its highest was $59.87 in the past 12 months.
What is Calumet Specialty Products’s market cap?
Calumet Specialty Products’s market cap is $5.12B.
When is Calumet Specialty Products’s upcoming earnings report date?
Calumet Specialty Products’s upcoming earnings report date is Nov 06, 2026 which is in 19 days.
How were Calumet Specialty Products’s earnings last quarter?
Calumet Specialty Products released its earnings results on Aug 07, 2026. The company reported -$1.09 earnings per share for the quarter, missing the consensus estimate of $0.067 by -$1.157.
Is Calumet Specialty Products overvalued?
According to Wall Street analysts Calumet Specialty Products’s price is currently Undervalued.
Does Calumet Specialty Products pay dividends?
Calumet Specialty Products pays a Quarterly dividend of $0.685 which represents an annual dividend yield of 16.28%. See more information on Calumet Specialty Products dividends here
What is Calumet Specialty Products’s EPS estimate?
Calumet Specialty Products’s EPS estimate is 1.59.
How many shares outstanding does Calumet Specialty Products have?
Calumet Specialty Products has 87,898,230 shares outstanding.
What happened to Calumet Specialty Products’s price movement after its last earnings report?
Calumet Specialty Products reported an EPS of -$1.09 in its last earnings report, missing expectations of $0.067. Following the earnings report the stock price went down -5.731%.
Which hedge fund is a major shareholder of Calumet Specialty Products?
Currently, no hedge funds are holding shares in CLMT
What is the TipRanks Smart Score and how is it calculated?
Smart Score combines eight research factors - such as analyst recommendations, hedge fund trends, and technical indicators - to measure a stock’s outlook. These signals are unified into a single score that reflects bullish or bearish momentum. See detailed methodology
Calumet Specialty Products Stock Smart Score
Outperform
1
2
3
4
5
6
7
8
9
10
Analyst Consensus
Moderate Buy
Average Price Target:
$53.40 (11.83% Upside)
$53.40 (11.83% Upside)
Blogger Sentiment
Bullish
CLMT Sentiment 60%
Sector Average 69%
Sector Average 69%
Hedge Fund Trend
Increased
By 49.5K Shares
Last Quarter.
Last Quarter.
Insider Transactions
Sold Shares
Worth $1.3M over
the Last 3 Months
the Last 3 Months
Crowd Wisdom
Positive
Last 7 Days ▲ 3.4%
Last 30 Days ▼ 0.7%
Last 30 Days ▼ 0.7%
News Sentiment
Neutral
Bullish news 50%
Bearish news 50%
Bearish news 50%
Technicals
SMA
Positive
20 days / 200 days
Momentum
204.74%
12-Months-Change
Fundamentals
Return on Equity
15.16%
Trailing 12-Months
Asset Growth
0.95%
Trailing 12-Months
Learn more about TipRanks Smart Score
Company Description
Calumet Specialty Products
Calumet, Inc. engages in the manufacturing, formulation, and sale of specialty branded products and renewable fuel. It operates through the following segments: Specialty Products and Solutions, Montana/Renewables, Performance Brands, and Corporate. The Specialty Products & Solutions segment consists of customer-focused solutions and formulation businesses. The Montana/Renewables segment is composed of a Great Falls specialty asphalt facility and Montana Renewables facility. The Performance Brands segment includes Royal Purple, Bel-Ray, and TruFuel. The Corporate segment focuses on the general and administrative expenses not allocated to other segments. The company was founded in 1919 and is headquartered in Indianapolis, IN.
CLMT Company Deck
CLMT Earnings Call
Q2 2026
0:00 / 0:00
Earnings Call Sentiment|Positive
The call conveyed strong operational and commercial momentum: robust consolidated adjusted EBITDA ($175M), specialty segment outperformance (specialty EBITDA $161.7M, >100% YoY improvement), positive cash generation (> $90M OCF), accelerated deleveraging (restricted leverage <4x, $100M note call, $115M sale-leaseback repurchase), and an actionable, capital-efficient Montana Renewables expansion with favorable SAF economics and improving index margins (~$2.60/gal). Lowlights were primarily timing- and accounting-related (planned turnarounds with ~$40M foregone margin, working capital build of ~$70M, $20M hedge offset, and a temporary Performance Brands margin headwind tied to LIFO and pricing lags) and some external industry supply/logistics pressures. Overall, the positives—strong earnings, cash flow, accelerated debt reduction, and high-return growth projects—substantially outweigh the transitory and manageable negatives.View all CLMT earnings summariesCLMT Stock 12 Month Forecast
Average Price Target
$53.40
▲(11.83% Upside)
Technical Analysis
Ownership Overview
19.85% Insiders
8.20% Mutual Funds
8.74% Other Institutional Investors
50.79% Public Companies and
Individual Investors