Cleveland-Cliffs Inc. (CLF)
| Market Cap | 5.77B |
| Revenue (ttm) | 19.97B |
| Net Income (ttm) | -462.00M |
| Shares Out | 493.94M |
| EPS (ttm) | -0.95 |
| PE Ratio | n/a |
| Forward PE | n/a |
| Dividend | n/a |
| Ex-Dividend Date | n/a |
| Volume | 4,360,906 |
| Open | 12.05 |
| Previous Close | 11.98 |
| Day's Range | 11.68 - 12.12 |
| 52-Week Range | 8.99 - 22.97 |
| Beta | 1.95 |
| Analysts | Buy |
| Price Target | 16.53 (+41.4%) |
| Earnings Date | Feb 24, 2025 |
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]
Financial Performance
In 2023, Cleveland-Cliffs'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 "Buy." The 12-month stock price forecast is $16.53, which is an increase of 41.40% from the latest price.
News
25% Tariffs On Steel Make Cleveland-Cliffs A Buy
President Trump's 25% tariffs on steel and aluminum are expected to benefit Cleveland-Cliffs, Nucor, and US Steel, with Cliffs poised for the largest gains. Cleveland-Cliffs' vertical integration, mar...
Trump tariffs on steel are significant: Fmr. Biden official
President Donald Trump has announced plans to impose a 25% tariff on all steel and aluminum imports into the US, raising concerns about potential retaliation from trading partners. "He ran for electio...
Cleveland-Cliffs: Trump Tariffs Likely To Boost Results
Cleveland-Cliffs remains a Buy despite the failed U.S. Steel acquisition and falling steel prices, as fundamentals remain strong. The company's vertical model and Trump's 25% steel tariffs enhance com...
What Trump's Steel and Aluminum Tariffs Mean for the Metals Market
Bloomberg News Metals & Mining Reporter Joe Deaux joins Bloomberg Businessweek to discuss President Trump's plans to impose 25% tariffs on steel and aluminum imports. -------- More on Bloomberg Televi...
Cleveland Cliffs soars on Trump Tariffs: Shareholder Jim Lebenthal details his strategy
Jim Lebenthal, Chief Equity Strategist at Cerity Partners, joins CNBC's "Halftime Report" to detail his strategy on one of his long-time stocks Cleveland Cliffs as the stock rallies today on Trump Tar...
Stock Of The Day: Tariffs Could Mean A New Bull Market For Cleveland Cliffs
Shares of Cleveland-Cliffs Inc. CLF are trading higher Monday. This follows President Trump's vow to impose a 25% tariff on steel and aluminum imports.
Trump vows to impose 25% tariffs on aluminum, steel
Aluminum and steel stocks surged Monday morning following President Donald Trump's promise to impose 25% tariffs on steel and aluminum imports, with US Steel (X) and Alcoa (AA) leading the sector gain...
Steel, Aluminum Company Stocks Jump as Trump Plans 25% Tariffs on Imports
Shares of steel and aluminum producers, including Cleveland-Cliffs (CLF) and Nucor (NUE), advanced Monday after President Donald Trump said that he would be implementing a 25% tariff on imports of the...
Cleveland-Cliffs Inc. Announces Upsizing and Pricing of $850 Million of Senior Unsecured Guaranteed Notes due 2031
CLEVELAND--(BUSINESS WIRE)--Cleveland-Cliffs Inc. (NYSE: CLF) (“Cliffs”) announced today that it has upsized and priced $850 million aggregate principal amount of Senior Guaranteed Notes due 2031 (the...
Cleveland-Cliffs Inc. Announces Proposed Offering of $750 Million of Senior Unsecured Guaranteed Notes
CLEVELAND--(BUSINESS WIRE)--Cleveland-Cliffs Inc. (NYSE: CLF) (“Cliffs”) announced today that it intends to offer to sell, subject to market and other conditions, $750 million aggregate principal amou...
Cleveland-Cliffs Provides Preliminary Fourth-Quarter and Full-Year 2024 Results
CLEVELAND--(BUSINESS WIRE)--Cleveland-Cliffs Inc. (NYSE: CLF) today announced its preliminary fourth-quarter and full-year 2024 financial results for the period ended December 31, 2024. The Company co...
Cleveland-Cliffs to Announce Full-Year and Fourth-Quarter 2024 Earnings Results on February 24 and Host Conference Call on February 25
CLEVELAND--(BUSINESS WIRE)--Cleveland-Cliffs Inc. (NYSE: CLF) (“Cliffs”) will announce its full-year and fourth-quarter 2024 earnings results after the U.S. market close on Monday, February 24, 2025. ...
'STEELY' RESOLVE: Cleveland-Cliffs eyes rival bid for US Steel
Cleveland-Cliffs CEO Laurenco Goncalves on the status of the deal between U.S. Steel and Nippon Steel and Cleveland-Cliffs' renewed effort to buy U.S. Steel. #FOXBusiness Subscribe to Fox News!
Cleveland-Cliffs CEO Speech Holds Some Gems for U.S. Steel Investors
Cleveland-Cliffs CEO Lourenco Goncalves said a lot in a lengthy Monday press conference. Amid the rhetoric was some hope for U.S. Steel investors.
Cleveland-Cliffs CEO attacks Japan as he reiterates interest in acquiring U.S. Steel
Cleveland-Cliffs CEO Lourenco Goncalves said he had a plan to buy U.S. Steel after its sale to Japan's Nippon Steel collapsed. Goncalves went on a tirade against Japan during a press conference, calli...
Cleveland-Cliffs and Nucor Mull Fresh Bid for U.S. Steel
An offer is probably months away from happening.
Cleveland-Cliffs Signals a Possible New Bid for U.S. Steel
The company's renewed interest comes after the Biden administration blocked Nippon Steel from acquiring the onetime American powerhouse.
US Steel Stock Jumps as Cleveland-Cliffs and Nucor Reportedly Mull Joint Bid
U.S. Steel (X) shares jumped Monday after a CNBC report that Cleveland-Cliffs (CLF) is teaming up with rival Nucor (NUE) for a potential bid for the company, whose $14.1 billion buyout by Nippon Steel...
Cleveland-Cliffs partners with Nucor to potentially bid for US Steel, CNBC reports
Cleveland-Cliffs is partnering with peer Nucor to prepare a potential bid for U.S. Steel , CNBC reported on Monday, citing sources.
Faber Report: Cleveland-Cliffs partners with Nucor in potential bid for U.S. Steel
CNBC's David Faber delivers his latest Faber Report.
Cleveland-Cliffs partnering with Nucor on potential bid for U.S. Steel, sources say
Cleveland-Cliffs partnering with Nucor on potential bid for U.S. Steel, sources say
Cleveland-Cliffs to Host Press Conference with Lourenco Goncalves at its Butler Works Mill in Butler, Pennsylvania at 1:00 pm ET Today
CLEVELAND--(BUSINESS WIRE)--Cleveland-Cliffs Inc. (NYSE: CLF) will hold a press conference today at its Butler Works plant in Butler, Pennsylvania, featuring Chairman, President, and CEO Lourenco Gonc...
Analyst Sees US Steel Price Rebound Under Trump's Pro-Tariff Stance, Upgrades Cleveland-Cliffs Stock
GLJ Research analyst Gordon L. Johnson II upgraded Cleveland-Cliffs Inc. CLF to Buy from Sell rating with a price forecast of $14.27.
Cleveland-Cliffs CEO punches back after being named in Nippon-US Steel lawsuit
Cleveland-Cliffs Chairman and CEO Lourenco Goncalves argues that the Sen. Marco Rubio serving as Secretary of State will be ‘bad news' for Japan.
Cleveland-Cliffs Comments on U.S. Steel's and Nippon Steel's Desperate Lawsuits: Deflecting Blame on Everyone Else for their Own Mistakes
CLEVELAND--(BUSINESS WIRE)--Cleveland-Cliffs Inc. (NYSE: CLF) (“Cliffs”) provided the following statement regarding the recent developments related to the United States Government decision to prohibit...