Cleveland-Cliffs Inc. (CLF)
| Market Cap | 5.07B |
| 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 | 6,625,253 |
| Open | 10.47 |
| Previous Close | 10.42 |
| Day's Range | 10.23 - 10.54 |
| 52-Week Range | 8.99 - 22.97 |
| Beta | 1.96 |
| Analysts | Buy |
| Price Target | 16.78 (+63.39%) |
| 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 12 analysts, the average rating for CLF stock is "Buy." The 12-month stock price forecast is $16.78, which is an increase of 63.39% from the latest price.
News
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...
Cleveland-Cliffs Appoints Jane Cronin to the Board of Directors
CLEVELAND--(BUSINESS WIRE)--Cleveland-Cliffs Appoints Jane Cronin to the Board of Directors.
Trade Tracker: Jim Lebenthal buys more Cleveland-Cliffs
Jim Lebenthal, chief equity strategist at Cerity Partners, joins CNBC's 'Halftime Report' to discuss why he's buying more Cleveland-Cliffs after President Biden blocked the United States Steel Corp sa...
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Cleveland Cliff Stock Down 50% In 2024 To Yearly Low
Cleveland-Cliffs, a vertically integrated steel mill operator, has seen its stock decline by 50% since the beginning of the year as compared to the 28% gain in the S&P 500 Index. Cleveland-Cliffs down...
Trump, Tariffs, And Turnarounds: Why Cleveland-Cliffs Is A Top Pick For 2025
Cleveland-Cliffs faces 2024 headwinds from a challenging manufacturing environment, pricing pressures, and weaker automotive demand, but strategic moves position it well for future growth. The Stelco ...
Top 3 US steel stocks that will benefit from Trump 2.0
Goldman Sachs analyst Mike Harris expects the US steel industry to flourish under Donald Trump as the President of the United States. Lower interest rates and steady demand will benefit the domestic...
Cleveland-Cliffs Falls On Q3 Earnings - A Gift For Long-Term Buyers
Cleveland-Cliffs Inc. remains a "Buy" despite recent declines, driven by long-term growth potential, strategic focus, and attractive valuation. The company's Q3 2024 performance was weak due to automo...
Cleveland-Cliffs' Q3 Shortfall Linked To Automotive Adjustments; Analysts Await Stelco Integration Insights
Cleveland-Cliffs Inc. CLF shares are trading lower on Tuesday following weak third-quarter results reported on Tuesday.
Cleveland-Cliffs Earnings Show Why Both Trump and Harris Are Wrong on the U.S. Steel Merger
Smaller commodity producers have a tough time staying profitable during downturns.