Northland Securities Expects Weaker Earnings for Clearfield

Clearfield, Inc. (NASDAQ:CLFD) – Stock analysts at Northland Securities decreased their Q3 2026 EPS estimates for shares of Clearfield in a research report issued to clients and investors on Thursday, May 7th. Northland Securities analyst T. Savageaux now expects that the communications equipment provider will post earnings per share of $0.21 for the quarter, down from their previous forecast of $0.22. The consensus estimate for Clearfield’s current full-year earnings is $0.49 per share. Northland Securities also issued estimates for Clearfield’s FY2027 earnings at $1.25 EPS.

CLFD has been the topic of several other reports. Weiss Ratings reiterated a “hold (c-)” rating on shares of Clearfield in a research report on Monday, April 20th. Zacks Research downgraded shares of Clearfield from a “strong-buy” rating to a “hold” rating in a research note on Monday, February 9th. Finally, Roth Mkm reaffirmed a “buy” rating and issued a $44.00 price objective on shares of Clearfield in a research note on Monday. Five equities research analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the company. According to MarketBeat.com, Clearfield has a consensus rating of “Moderate Buy” and a consensus price target of $43.75.

Clearfield Stock Up 23.8%

NASDAQ CLFD opened at $37.49 on Friday. The stock’s 50-day simple moving average is $29.19 and its two-hundred day simple moving average is $30.45. Clearfield has a twelve month low of $23.76 and a twelve month high of $46.76. The company has a market capitalization of $513.05 million, a price-to-earnings ratio of -60.47 and a beta of 1.90.

Clearfield (NASDAQ:CLFD) last released its quarterly earnings results on Wednesday, May 6th. The communications equipment provider reported ($0.04) EPS for the quarter, hitting analysts’ consensus estimates of ($0.04). Clearfield had a negative net margin of 5.41% and a positive return on equity of 1.01%. The business had revenue of $34.39 million during the quarter, compared to analysts’ expectations of $33.58 million. Clearfield has set its Q3 2026 guidance at 0.170-0.210 EPS.

Institutional Investors Weigh In On Clearfield

Several institutional investors have recently added to or reduced their stakes in CLFD. Vanguard Group Inc. grew its holdings in Clearfield by 0.4% in the 3rd quarter. Vanguard Group Inc. now owns 940,004 shares of the communications equipment provider’s stock worth $32,317,000 after acquiring an additional 4,139 shares during the last quarter. Cooper Creek Partners Management LLC raised its stake in shares of Clearfield by 1,705.7% during the third quarter. Cooper Creek Partners Management LLC now owns 479,741 shares of the communications equipment provider’s stock valued at $16,493,000 after acquiring an additional 453,173 shares during the last quarter. Dimensional Fund Advisors LP boosted its holdings in shares of Clearfield by 11.6% during the first quarter. Dimensional Fund Advisors LP now owns 353,486 shares of the communications equipment provider’s stock worth $9,357,000 after purchasing an additional 36,756 shares during the period. Punch & Associates Investment Management Inc. grew its stake in shares of Clearfield by 5.9% in the fourth quarter. Punch & Associates Investment Management Inc. now owns 278,110 shares of the communications equipment provider’s stock worth $8,107,000 after purchasing an additional 15,500 shares during the last quarter. Finally, Royal Bank of Canada grew its stake in shares of Clearfield by 6.2% in the first quarter. Royal Bank of Canada now owns 269,865 shares of the communications equipment provider’s stock worth $8,020,000 after purchasing an additional 15,659 shares during the last quarter. Hedge funds and other institutional investors own 88.73% of the company’s stock.

Insider Activity

In other news, Director Donald R. Hayward sold 3,595 shares of the firm’s stock in a transaction that occurred on Thursday, February 19th. The shares were sold at an average price of $32.00, for a total value of $115,040.00. Following the transaction, the director owned 10,870 shares in the company, valued at approximately $347,840. This trade represents a 24.85% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this hyperlink. Corporate insiders own 17.80% of the company’s stock.

Clearfield Company Profile

Clearfield, Inc (NASDAQ: CLFD) is a Minneapolis-based company specializing in fiber management products for broadband network deployments. The company’s core offerings include fiber distribution hubs, enclosures, splice trays, patching panels and connectivity accessories designed to simplify installation and maintenance of fiber-optic networks. Clearfield’s modular FieldSmart™ platform provides a scalable approach for service providers, utilities and enterprise organizations looking to expand or upgrade their fiber infrastructure.

Clearfield serves a diverse customer base that includes cable and internet service providers, telecommunications operators, wireless carriers, utilities and municipalities.