Want to see CLMT full AI Analyst Report?
CLMT Stock Chart & Stats
$41.69
-$1.03(-2.47%)
At close: 4:00 PM EDT
$41.69
-$1.03(-2.47%)
Day’s Range― - ―
52-Week Range$14.84 - $51.50
Previous CloseN/A
Volume150.45K
Average Volume (3M)1.02M
Market Cap
$4.31B
Enterprise Value$5.51K
Total Cash (Recent Filing)$109.80M
Total Debt (Recent Filing)$2.26B
Price to Earnings (P/E)―
Beta0.72
Next Earnings
Nov 06, 2026EPS Estimate
1.09Next Dividend Ex-DateN/A
Dividend YieldN/A
Share Statistics
EPS (TTM)-1.55
Shares Outstanding87,898,230
10 Day Avg. Volume1,375,649
30 Day Avg. Volume1,016,036
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 Cap<0.01
Enterprise Value/Revenue<0.01
Enterprise Value/Gross Profit<0.01
Enterprise Value/Ebitda<0.01
Forecast
1Y Price Target
$47.50Price Target Upside13.94% Upside
Rating ConsensusModerate Buy
Number of Analyst Covering4
EPS Forecast (FY)-1.78
Revenue Forecast (FY)$4.87B
Bulls Say, Bears Say
Bulls Say
Specialty Products MomentumSustained specialty volume growth, seven consecutive quarters above 20,000 barrels per day and realized pricing actions indicate strong customer demand and product positioning. This mix can support more durable margins than commodity-focused refining.
Cash Generation And DeleveragingImproving cash generation gives Calumet resources to reduce debt and fund operations, while the $100M note call and $115M sale-leaseback repurchase lower financing burdens. Further deleveraging could materially improve resilience and financial flexibility.
Montana Renewables ExpansionThe MaxSAF catalyst test and planned reactor reconfiguration provide a scalable route to expand sustainable aviation fuel output. If execution and approvals proceed, this could diversify earnings and create exposure to a growing lower-carbon fuels market.
Bears Say
Severely Negative EquityDeeply negative equity indicates a materially weakened capital structure and limits protection for creditors and investors. Although debt has declined, the accumulated deficit leaves less flexibility to absorb refining downturns, operating setbacks or higher funding needs.
Weak And Volatile ProfitabilityPersistent losses and thin gross margins show that earnings remain sensitive to feedstock costs, pricing and operating conditions. The uneven history makes cash conversion less dependable and limits confidence that recent operating improvements will translate into durable net profitability.
Operational And Expansion Execution RiskPlanned turnarounds already reduced output, while the larger renewable fuels expansion still depends on regulatory and execution milestones. Delays, cost overruns or reliability problems could postpone expected capacity gains and weaken the timing of future cash flows.
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 $14.84 and its highest was $51.50 in the past 12 months.
What is Calumet Specialty Products’s market cap?
Calumet Specialty Products’s market cap is $4.31B.
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 74 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 N/A. See more information on Calumet Specialty Products dividends here
What is Calumet Specialty Products’s EPS estimate?
Calumet Specialty Products’s EPS estimate is 1.09.
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:
$47.50 (13.94% Upside)
$47.50 (13.94% Upside)
Blogger Sentiment
Bullish
CLMT Sentiment 67%
Sector Average 62%
Sector Average 62%
Hedge Fund Trend
Increased
By 49.5K Shares
Last Quarter.
Last Quarter.
Crowd Wisdom
Very Positive
Last 7 Days ▼ 2.0%
Last 30 Days ▲ 36.0%
Last 30 Days ▲ 36.0%
News Sentiment
Very Bullish
Bullish news 100%
Bearish news 0%
Bearish news 0%
Technicals
SMA
Positive
20 days / 200 days
Momentum
144.69%
12-Months-Change
Fundamentals
Return on Equity
―
Trailing 12-Months
Asset Growth
0.95%
Trailing 12-Months
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
$47.50
▲(13.94% Upside)
Technical Analysis
Kimbell Royalty Partners
―
Talos Energy
―
Vitesse Energy, Inc.
―
Mach Natural Resources LP
―
BKV Corporation
―
Ownership Overview
19.64% Insiders
8.20% Mutual Funds
17.51% Other Institutional Investors
42.03% Public Companies and
Individual Investors