NASDAQ:CLMT Calumet Specialty Products Partners (CLMT) Stock Price, News & Analysis → [Webinar] A Deep Dive into Options Volatility: Skew & Relative Value (From OIC) (Ad) Free CLMT Stock Alerts $15.89 -0.27 (-1.67%) (As of 12:02 PM ET) Add Compare Share Share Today's Range$15.66▼$16.4250-Day Range$13.80▼$16.3152-Week Range$11.91▼$19.91Volume54,347 shsAverage Volume114,825 shsMarket Capitalization$1.27 billionP/E Ratio20.11Dividend YieldN/APrice Target$20.50 Stock AnalysisStock AnalysisAnalyst ForecastsChartCompetitorsEarningsFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestSocial MediaStock AnalysisAnalyst ForecastsChartCompetitorsEarningsFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestSocial Media Get Calumet Specialty Products Partners alerts: Email Address Calumet Specialty Products Partners MarketRank™ Stock AnalysisAnalyst RatingBuy3.00 Rating ScoreUpside/Downside29.0% Upside$20.50 Price TargetShort InterestBearish1.64% of Float Sold ShortDividend StrengthWeakBased on Four FactorsSustainabilityN/ANews Sentiment0.38Based on 9 Articles This WeekInsider TradingN/AProj. Earnings GrowthGrowingFrom ($0.86) to $0.59 Per ShareSee Full Details Hide Full Details Overall MarketRank™New Rank-Based ScoringMarketRank™ is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.1.71 out of 5 starsOils/Energy Sector214th out of 240 stocksPetroleum Refining Industry15th out of 17 stocks 3.5 Analyst's Opinion Consensus RatingCalumet Specialty Products Partners has received a consensus rating of Buy. The company's average rating score is 3.00, and is based on 2 buy ratings, no hold ratings, and no sell ratings.Amount of Analyst CoverageCalumet Specialty Products Partners has only been the subject of 2 research reports in the past 90 days.Read more about Calumet Specialty Products Partners' stock forecast and price target. Previous Next 2.0 Short Interest Percentage of Shares Shorted1.64% of the float of Calumet Specialty Products Partners has been sold short.Short Interest Ratio / Days to CoverCalumet Specialty Products Partners has a short interest ratio ("days to cover") of 8.8.Change versus previous monthShort interest in Calumet Specialty Products Partners has recently increased by 11.27%, indicating that investor sentiment is decreasing significantly. Previous Next 0.0 Dividend Strength Dividend YieldCalumet Specialty Products Partners does not currently pay a dividend.Dividend GrowthCalumet Specialty Products Partners does not have a long track record of dividend growth.Dividend CoverageThe dividend payout ratio of Calumet Specialty Products Partners is 346.84%. Payout ratios above 75% are not desirable because they may not be sustainable.Dividend SustainabilityBased on EPS estimates, Calumet Specialty Products Partners will have a dividend payout ratio of 464.41% in the coming year. This indicates that Calumet Specialty Products Partners may not be able to sustain their current dividend.Read more about Calumet Specialty Products Partners' dividend. Previous Next N/A Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScoreThere is no current Upright™ data available for CLMT. Previous Next 1.9 News and Social Media Coverage News SentimentCalumet Specialty Products Partners has a news sentiment score of 0.38. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a lower news sentiment than the 0.52 average news sentiment score of Oils/Energy companies.News Coverage This WeekMarketBeat has tracked 9 news articles for Calumet Specialty Products Partners this week, compared to 2 articles on an average week.Search InterestOnly 1 people have searched for CLMT on MarketBeat in the last 30 days. This is a decrease of -50% compared to the previous 30 days.MarketBeat FollowsOnly 3 people have added Calumet Specialty Products Partners to their MarketBeat watchlist in the last 30 days. This is a decrease of 0% compared to the previous 30 days. Previous Next 0.0 Company Ownership Insider Buying vs. Insider SellingIn the past three months, Calumet Specialty Products Partners insiders have not sold or bought any company stock.Percentage Held by InsidersOnly 2.91% of the stock of Calumet Specialty Products Partners is held by insiders.Percentage Held by InstitutionsOnly 34.41% of the stock of Calumet Specialty Products Partners is held by institutions.Read more about Calumet Specialty Products Partners' insider trading history. Previous Next 1.3 Earnings and Valuation Earnings GrowthEarnings for Calumet Specialty Products Partners are expected to grow in the coming year, from ($0.86) to $0.59 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Calumet Specialty Products Partners is 20.11, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 145.80.Price to Earnings Ratio vs. SectorThe P/E ratio of Calumet Specialty Products Partners is 20.11, which means that it is trading at a more expensive P/E ratio than the Oils/Energy sector average P/E ratio of about 17.94.Read more about Calumet Specialty Products Partners' valuation and earnings. Previous Next See Top Rated MarketRank™ Stocks Here Ad Huge AlertsThis 1 Biotech Stock has been shocking the marketsSave the Date: BioStem's 2024 Q1 Call Coming Up!Sign Up for the Live Broadcast here About Calumet Specialty Products Partners Stock (NASDAQ:CLMT)Calumet Specialty Products Partners, L.P. manufactures, formulates, and markets a diversified slate of specialty branded products and renewable fuels to various consumer-facing and industrial markets in North America and internationally. It operates through Specialty Products and Solutions; Performance brands; Montana/Renewables; and Corporate segments. The Specialty Products and Solutions segment offers various solvents, waxes, customized lubricating oils, white oils, petrolatums, gels, esters, and other products. Its Montana/Renewables segment focuses on processing renewable feedstocks into renewable diesel, sustainable aviation fuel, renewable hydrogen, renewable natural gas, renewable propane, and renewable naphtha. It also processes Canadian crude oil into conventional gasoline, diesel, jet fuel, and specialty grades of asphalt. The Performance Brands segment blends, packages, and markets high performance products through Royal Purple, Bel-Ray, and TruFuel brands. The company serves wholesale distributors and retail chains. Calumet GP, LLC serves as the general partner for Calumet Specialty Products Partners, L.P. The company was founded in 1919 and is headquartered in Indianapolis, Indiana.Read More CLMT Stock Price History View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart CLMT Stock News HeadlinesMay 10, 2024 | msn.comCalumet Specialty GAAP EPS of -$0.51 beats by $0.30, revenue of $1.01B beats by $109.21MMay 10, 2024 | benzinga.comCalumet's Mixed Bag Q1: From Loss To Grit, CEO Maps Strategic Spring SurgeMay 10, 2024 | Priority Gold (Ad)Red Alert: Your Money's Disappearance Act - Banks' Greed Unleashed!Get your free information kit NOW, before it’s too late. Inside you’ll get the 3 secret strategies you can put in place starting today, so “they” don’t get your money tomorrow.May 10, 2024 | markets.businessinsider.comCalumet Specialty Products Partners Posts Loss In Q1May 10, 2024 | prnewswire.comCalumet Specialty Products Partners, L.P. Reports First Quarter 2024 ResultsMay 9, 2024 | markets.businessinsider.comCalumet Specialty Products Partners LPPartnership Units earnings: here's what to expectMay 8, 2024 | americanbankingnews.comCalumet Specialty Products Partners (NASDAQ:CLMT) Now Covered by Analysts at StockNews.comMay 3, 2024 | americanbankingnews.comCalumet Specialty Products Partners (CLMT) to Release Earnings on FridayMay 10, 2024 | Priority Gold (Ad)Red Alert: Your Money's Disappearance Act - Banks' Greed Unleashed!Get your free information kit NOW, before it’s too late. Inside you’ll get the 3 secret strategies you can put in place starting today, so “they” don’t get your money tomorrow.April 30, 2024 | americanbankingnews.comCalumet Specialty Products Partners (NASDAQ:CLMT) Coverage Initiated at StockNews.comApril 29, 2024 | finance.yahoo.comCalumet Specialty Products Partners (NASDAQ:CLMT) Shareholders Will Want The ROCE Trajectory To ContinueApril 26, 2024 | prnewswire.comCalumet Specialty Products Partners, L.P. to Release First Quarter 2024 Earnings on May 10, 2024April 22, 2024 | markets.businessinsider.comOptimistic Outlook for Calumet Specialty Products with Strategic Advancements and Strong Financial ProjectionsApril 19, 2024 | morningstar.comCalumet Specialty Products Partners LPApril 18, 2024 | finanznachrichten.deCalumet Specialty Products Partners, L.P.: Calumet Announces First Quarter 2024 Operational UpdateApril 16, 2024 | prnewswire.comCalumet Announces First Quarter 2024 Operational UpdateApril 2, 2024 | finance.yahoo.comCalumet Specialty Products Partners, L.P. (CLMT)April 1, 2024 | finance.yahoo.comCalumet Specialty Products Partners, L.P.'s (NASDAQ:CLMT) market cap touched US$1.2b last week, benefiting both retail investors who own 50% as well as institutionsMarch 27, 2024 | prnewswire.comSHAREHOLDER ALERT: Pomerantz Law Firm Investigates Claims on Behalf of Investors of Calumet Specialty Products Partners, L.P. - CLMTMarch 20, 2024 | seekingalpha.comCalumet Specialty Products: A First Mover Among The Fuels Of The FutureMarch 19, 2024 | prnewswire.comSHAREHOLDER ALERT: Pomerantz Law Firm Investigates Claims on Behalf of Investors of Calumet Specialty Products Partners, L.P. - CLMTMarch 18, 2024 | seekingalpha.comCalumet Specialty Products: Huge Increases In Cash Flows May Be Imminent [Downgrade]March 17, 2024 | finance.yahoo.comCLMT Apr 2024 14.000 putMarch 17, 2024 | finance.yahoo.comCLMT Aug 2024 11.000 callMarch 17, 2024 | finance.yahoo.comCLMT Apr 2024 13.000 putMarch 14, 2024 | msn.comWorld Kinect rises 1% on longer term outlookMarch 12, 2024 | prnewswire.comCalumet Completes Notes OfferingSee More Headlines Receive CLMT Stock News and Ratings via Email Sign-up to receive the latest news and ratings for Calumet Specialty Products Partners and its competitors with MarketBeat's FREE daily newsletter. Email Address Company Calendar Last Earnings2/23/2024Today5/10/2024Next Earnings (Confirmed)5/10/2024Fiscal Year End12/31/2024Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNASDAQ SectorOils/Energy Industry Petroleum refining Sub-IndustryN/A Current SymbolNASDAQ:CLMT CUSIPN/A CIK1340122 Webwww.calumetspecialty.com Phone(317) 328-5660Fax317-328-2359Employees1,580Year Founded1916Price Target and Rating Average Stock Price Target$20.50 High Stock Price Target$25.00 Low Stock Price Target$17.00 Potential Upside/Downside+29.0%Consensus RatingBuy Rating Score (0-4)3.00 Research Coverage2 Analysts Profitability EPS (Most Recent Fiscal Year)$0.79 Trailing P/E Ratio20.11 Forward P/E RatioN/A P/E GrowthN/ANet Income$48.10 million Net Margins1.55% Pretax Margin1.19% Return on EquityN/A Return on Assets-2.41% Debt Debt-to-Equity RatioN/A Current Ratio0.71 Quick Ratio0.32 Sales & Book Value Annual Sales$4.18 billion Price / Sales0.30 Cash Flow$1.11 per share Price / Cash Flow14.33 Book Value($6.15) per share Price / Book-2.58Miscellaneous Outstanding Shares80,223,000Free Float77,889,000Market Cap$1.27 billion OptionableOptionable Beta1.75 Social Links 5G Stocks: The Path Forward is ProfitableClick the link below and we'll send you MarketBeat's guide to investing in 5G and which 5G stocks show the most promise. Get This Free Report Key ExecutivesMr. Louis Todd Borgmann (Age 41)Chief Executive Officer of Calumet GP, LLC Comp: $752.04kMr. Vincent Donargo (Age 63)Chief Accounting Officer & Principal Accounting Officer Comp: $434.4kMr. Gregory J. Morical (Age 55)Senior VP, General Counsel & Secretary of Calumet GP, LLC Comp: $364.5kMr. Bruce A. Fleming (Age 67)Executive Vice President of Montana Renewables & Corporate Development of Calumet GP, LLC Comp: $483.97kMr. Scott Obermeier (Age 50)Executive Vice President of Specialties of Calumet GP, LLC Comp: $765.61kMr. David Lunin (Age 42)Executive VP & CFO of Calumet GP, LLC Mr. John KompaDirector of Investor RelationsMr. Chris HodgesAlpha IRMore ExecutivesKey CompetitorsDelek USNYSE:DKVertex EnergyNASDAQ:VTNRBP Prudhoe Bay Royalty TrustNYSE:BPTCVR EnergyNYSE:CVIDorchester MineralsNASDAQ:DMLPView All CompetitorsInsiders & InstitutionsDeuterium Capital Management LLCBought 10,703 shares on 5/7/2024Ownership: 0.013%GSA Capital Partners LLPBought 33,204 shares on 5/3/2024Ownership: 0.041%Fifth Lane Capital LPBought 12,500 shares on 5/2/2024Ownership: 0.000%J.W. Cole Advisors Inc.Bought 850 shares on 4/30/2024Ownership: 0.026%Mcintyre Freedman & Flynn Investment Advisers Inc.Bought 11,500 shares on 4/30/2024Ownership: 0.014%View All Insider TransactionsView All Institutional Transactions CLMT Stock Analysis - Frequently Asked Questions Should I buy or sell Calumet Specialty Products Partners stock right now? 2 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Calumet Specialty Products Partners in the last year. There are currently 2 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "buy" CLMT shares. View CLMT analyst ratings or view top-rated stocks. What is Calumet Specialty Products Partners' stock price target for 2024? 2 brokerages have issued twelve-month price objectives for Calumet Specialty Products Partners' stock. Their CLMT share price targets range from $17.00 to $25.00. On average, they predict the company's stock price to reach $20.50 in the next twelve months. This suggests a possible upside of 29.0% from the stock's current price. View analysts price targets for CLMT or view top-rated stocks among Wall Street analysts. How have CLMT shares performed in 2024? Calumet Specialty Products Partners' stock was trading at $17.87 at the start of the year. Since then, CLMT stock has decreased by 11.1% and is now trading at $15.89. View the best growth stocks for 2024 here. Are investors shorting Calumet Specialty Products Partners? Calumet Specialty Products Partners saw a increase in short interest in the month of April. As of April 30th, there was short interest totaling 1,060,000 shares, an increase of 11.3% from the April 15th total of 952,600 shares. Based on an average daily volume of 120,900 shares, the days-to-cover ratio is currently 8.8 days. Currently, 1.6% of the shares of the stock are sold short. View Calumet Specialty Products Partners' Short Interest. When is Calumet Specialty Products Partners' next earnings date? The company is scheduled to release its next quarterly earnings announcement on Friday, May 10th 2024. View our CLMT earnings forecast. How were Calumet Specialty Products Partners' earnings last quarter? Calumet Specialty Products Partners, L.P. (NASDAQ:CLMT) announced its quarterly earnings data on Friday, February, 23rd. The oil and gas company reported ($0.59) earnings per share (EPS) for the quarter, missing the consensus estimate of ($0.19) by $0.40. The oil and gas company earned $976.50 million during the quarter, compared to analysts' expectations of $856.71 million. Calumet Specialty Products Partners's revenue was down 2.3% on a year-over-year basis. During the same quarter last year, the business earned ($0.21) earnings per share. Is Calumet Specialty Products Partners a good dividend stock? Calumet Specialty Products Partners (NASDAQ:CLMT) pays an annual dividend of $2.74 per share and currently has a dividend yield of 0.00%. The dividend payout ratio is 346.84%. Payout ratios above 75% are not desirable because they may not be sustainable. Based on EPS estimates, CLMT will have a dividend payout ratio of 464.41% in the coming year. This indicates that the company may not be able to sustain their current dividend. Read our dividend analysis for CLMT. What is Tim Go's approval rating as Calumet Specialty Products Partners' CEO? 18 employees have rated Calumet Specialty Products Partners Chief Executive Officer Tim Go on Glassdoor.com. Tim Go has an approval rating of 42% among the company's employees. This puts Tim Go in the bottom 10% of approval ratings compared to other CEOs of publicly-traded companies. What other stocks do shareholders of Calumet Specialty Products Partners own? Based on aggregate information from My MarketBeat watchlists, some companies that other Calumet Specialty Products Partners investors own include Chembio Diagnostics (CEMI), Prospect Capital (PSEC), Two Harbors Investment (TWO), BlackRock Capital Investment (BKCC), NovoCure (NVCR), Summit Midstream Partners (SMLP), Viper Energy (VNOM), Washington Prime Group (WPG), Roper Technologies (ROP) and New Residential Investment (NRZ). Who are Calumet Specialty Products Partners' major shareholders? Calumet Specialty Products Partners' stock is owned by many different retail and institutional investors. Top institutional investors include Adams Asset Advisors LLC (6.79%), Raymond James & Associates (0.63%), FAS Wealth Partners Inc. (0.06%), GSA Capital Partners LLP (0.04%), J.W. Cole Advisors Inc. (0.03%) and Fifth Lane Capital LP (0.00%). Insiders that own company stock include Daniel J Sajkowski, James S Carter, Louis Todd Borgmann, Ryan Willman, Scott Obermeier and Stephen P Mawer. View institutional ownership trends. How do I buy shares of Calumet Specialty Products Partners? Shares of CLMT stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services. Compare Top Brokerages Here. Does Calumet Specialty Products Partners have any subsidiaries? The following companies are subsidiares of Calumet Specialty Products Partners: Anchor Drilling Fluids USA, Bel-Ray, Bel-Ray Company LLC, Bel-Ray Company Pty Limited, Biosynthetic Technologies, Calumet Africa Proprietary Limited, Calumet Branded Products LLC, Calumet Cotton Valley Refining LLC, Calumet Dickinson Refining LLC, Calumet Finance Corp., Calumet International Inc., Calumet Karns City Refining LLC, Calumet Mexico LLC, Calumet Missouri LLC, Calumet Montana Refining LLC, Calumet Operating LLC, Calumet Princeton Refining LLC, Calumet Refining LLC, Calumet San Antonio Refining LLC, Calumet Shreveport Refining LLC, Calumet Specialty Oils de Mexico S. de R.L. de C.V., Calumet Specialty Products Canada ULC, Kurlin Company LLC, Montana Renewables, Penreco, Royal Purple, Specialty Oil Field Solutions, TruSouth Oil, and United Petroleum Company.Read More This page (NASDAQ:CLMT) was last updated on 5/10/2024 by MarketBeat.com Staff From Our Partners[Webinar] A Deep Dive into Options Volatility: Skew & Relative ValueOICThis 1 Biotech Stock has been shocking the marketsHuge AlertsForget AI, Imperium Is Expected to Grow 320,00% in 3 YearsBanyan Hill PublishingTech GIANT’s Plans to Revolutionize Crypto…Crypto 101 MediaGold Set to EXPLODE!Gold Safe ExchangeYou need to know these two things about AI stocks ASAP…InvestorPlaceShocking: One AI startup's revenue could surge 4,735%Manward PressHe Is Giving Away BitcoinCrypto Swap Profits Adding Choose a watchlist: Watchlist Adding You have already added five stocks to your watchlist. 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