Cleveland-Cliffs Inc. (CLF)
Market Cap | 7.43B |
Revenue (ttm) | 21.90B |
Net Income (ttm) | 389.00M |
Shares Out | 475.48M |
EPS (ttm) | 0.75 |
PE Ratio | 20.84 |
Forward PE | 38.10 |
Dividend | n/a |
Ex-Dividend Date | n/a |
Volume | 7,612,781 |
Open | 15.41 |
Previous Close | 15.39 |
Day's Range | 15.32 - 15.68 |
52-Week Range | 13.84 - 22.97 |
Beta | 2.08 |
Analysts | Hold |
Price Target | 19.33 (+23.67%) |
Earnings Date | Jul 22, 2024 |
About CLF
Cleveland-Cliffs Inc. operates as a flat-rolled steel producer in North America. The company offers hot-rolled, cold-rolled, electrogalvanized, hot-dip galvanized, hot-dip galvannealed, aluminized, galvalume, enameling, and advanced high-strength steel products; austenitic, martensitic, duplex, precipitation hardening, and ferritic stainless steel products; plates; and grain oriented and non-oriented electrical steel products, as well as slab, scrap, iron ore, coal, and coke. It also provides tubular components, including carbon steel, stainles... [Read more]
Full Company ProfileFinancial Performance
In 2023, CLF's revenue was $22.00 billion, a decrease of -4.32% compared to the previous year's $22.99 billion. Earnings were $399.00 million, a decrease of -70.11%.
Financial StatementsAnalyst Forecast
According to 11 analysts, the average rating for CLF stock is "Hold." The 12-month stock price forecast is $19.33, which is an increase of 23.67% from the latest price.
News
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Cleveland-Cliffs to Announce Second-Quarter 2024 Earnings Results on July 22 and Host Conference Call on July 23
CLEVELAND--(BUSINESS WIRE)--Cleveland-Cliffs Inc. (NYSE: CLF) will announce its second-quarter 2024 earnings results after the U.S. market close on Monday, July 22, 2024. The Company invites intereste...
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Cleveland-Cliffs Posts Press Conference and Q&A with U.S. Senator Sherrod Brown and USW International President David McCall on Website
CLEVELAND--(BUSINESS WIRE)--Cleveland-Cliffs Inc. (NYSE: CLF) today hosted U.S. Senator Sherrod Brown (OH) and leadership from the United Steelworkers, David McCall, USW International President and Do...
![](https://cdn.snapi.dev/images/v1/n/4/press11-2493815.jpg)
Cleveland-Cliffs to Host U.S. Senator Sherrod Brown and USW International President David McCall at Cleveland Works
CLEVELAND--(BUSINESS WIRE)--Cleveland-Cliffs Inc. (NYSE: CLF) announced that Lourenco Goncalves, Chairman, President and Chief Executive Officer is hosting Senator Sherrod Brown (OH) and leadership fr...
![](https://cdn.snapi.dev/images/v1/e/m/steel33-2474225.jpg)
JP Morgan Downgrades Cleveland-Cliffs: Rising Capex And Modest Auto Demand Hamper Growth Prospects
Cleveland-Cliffs Inc. CLF shares are trading lower after JP Morgan analyst Bill Peterson downgraded the stock from Overweight to Neutral and lowered the price target to $17 (from $23).
Cramer's Stop Trading: Cleveland-Cliffs
CNBC's Jim Cramer explains why he is keeping an eye on shares of Cleveland-Cliffs.
![](https://cdn.snapi.dev/images/v1/k/p/steel30-2473421.jpg)
This Cleveland-Cliffs Analyst Is No Longer Bullish; Here Are Top 5 Downgrades For Tuesday
Top Wall Street analysts changed their outlook on these top names. For a complete view of all analyst rating changes, including upgrades, downgrades and initiations, please see our analyst ratings pag...
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Cleveland-Cliffs Stock Downgraded Again. 2 Reasons Wall Street's Worried.
J.P. Morgan analyst Bill Peterson downgraded shares of steel maker Cleveland-Cliffs to Hold from Buy. His price target went to $17 from $23.
![](https://cdn.snapi.dev/images/v1/d/u/us-stock-etfs-rise-as-traders--2470906.jpg)
Top 5 Materials Stocks That Could Blast Off In June
The most oversold stocks in the materials sector presents an opportunity to buy into undervalued companies.
![](https://cdn.snapi.dev/images/v1/y/k/steel28-2466826.jpg)
Cleveland-Cliffs Stock Double Downgraded to Sell
Thursday, GLJ analyst Gordon Johnson cut his rating on Cleveland-Cliffs stock to Sell from Buy. He slashed his price target to $10.13 from $27.20.
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Harvest ETFs announces May 2024 Distributions
OAKVILLE, Ontario--(BUSINESS WIRE)--Harvest Portfolios Group Inc. (“Harvest”) announces the following distributions for Harvest ETFs for the month ending May 31, 2024. The distribution will be paid on...
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Cleveland-Cliffs Announces New Greenhouse Gas Emissions Reduction Goals
CLEVELAND--(BUSINESS WIRE)--Cleveland-Cliffs Inc. (NYSE: CLF) announced today that it has set new greenhouse gas (GHG) emissions reduction targets. The Company's prior commitment to reduce absolute Sc...
![](https://cdn.snapi.dev/images/v1/i/w/press10-2442128.jpg)
Cleveland-Cliffs Reminds U.S. Steel: You Have No Path to Close
CLEVELAND--(BUSINESS WIRE)--Cleveland-Cliffs Inc. (NYSE: CLF) today addressed the inaccurate allegations published by the U.S. Steel Board on May 21, 2024, regarding its doomed attempt to sell its com...
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Cleveland-Cliffs Applauds International Trade Commission's Decision to Uphold Tariffs on Japanese Imports
CLEVELAND--(BUSINESS WIRE)--Cleveland-Cliffs Inc. (NYSE: CLF) today applauded the International Trade Commission's (ITC) unanimous decision to uphold tariffs on tin mill products from Japan. After rec...
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Top 4 Materials Stocks That May Explode In Q2
The most oversold stocks in the materials sector presents an opportunity to buy into undervalued companies.
![](https://cdn.snapi.dev/images/v1/z/c/press2-2393844.jpg)
Cleveland-Cliffs to Publish Monthly Hot Rolled Coil Spot Price
CLEVELAND--(BUSINESS WIRE)--Cleveland-Cliffs Inc. (NYSE: CLF) announced today that, in response to industry trends and feedback from customers, the Company will publish a “Cliffs Hot Rolled Market Pri...
We have the liquidity to pursue further share buybacks, says Cleveland-Cliffs CEO
Lourenco Goncalves, Cleveland-Cliffs CEO, joins 'Closing Bell Overtime' to talk quarterly results, share buybacks, the U.S. Steel-Nippon deal and more.
![](https://cdn.snapi.dev/images/v1/x/z/steel4-2385837.jpg)
Nucor, Cleveland-Cliffs Earnings Bloopers Weigh Down Steel Stocks
Steel producers Nucor and Cleveland-Cliffs both missed Wall Street's first quarter estimates. The shares are down for different reasons, however.
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Cleveland-Cliffs Reports First-Quarter 2024 Results and Announces New $1.5 Billion Share Repurchase Program
CLEVELAND--(BUSINESS WIRE)--Cleveland-Cliffs Inc. (NYSE: CLF) today reported first-quarter results for the period ended March 31, 2024. First Quarter 2024 Highlights Repurchased 30.4 million shares, o...
![](https://cdn.snapi.dev/images/v1/l/p/will-cleveland-cliffs-stock-mo-2383507.jpg)
Will Cleveland-Cliffs Stock Move Higher Following Q1 Results?
Cleveland-Cliffs (NYSE:CLF), a vertically integrated steel mill operator, is poised to report its Q1 2024 results on April 23. We expect revenue to come in at $5.4 billion, marking an increase of abou...
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Cleveland-Cliffs to Host United States Secretary of Energy Jennifer Granholm at its Butler Works
CLEVELAND--(BUSINESS WIRE)--Cleveland-Cliffs is hosting a live streamed speaking program on the Company's YouTube channel at https://www.youtube.com/watch?v=bUgTZxmVcLA.
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U.S. Steel and Cleveland-Cliffs Get Rating Changes. Check Out the Stocks.
Wolfe Research analyst Timna Tanners upgraded U.S. Steel and downgraded Cleveland-Cliffs.
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Cleveland-Cliffs Applauds DOE's Final Transformer Efficiency Standard Rule
CLEVELAND--(BUSINESS WIRE)--Cleveland-Cliffs Inc. (NYSE: CLF) today applauded the Department of Energy's (DOE) final transformer efficiency standard rule that will provide for the continued utilizatio...
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Strategic Acquisition Opportunity: Biotechnology Intellectual Property of Civetta Therapeutics, LLC Now Open for Bids
CAMBRIDGE, Mass.--(BUSINESS WIRE)-- #AssetSale--Civetta Therapeutics offers cutting-edge biotech IP for sale. Bid deadline: April 30. Contact wgbrandt@dsiconsulting.com for details.