Cleveland-Cliffs Inc. (CLF)

NYSE: CLF · IEX Real-Time Price · USD
19.75
+0.52 (2.70%)
Aug 16, 2022 2:19 PM EDT - Market open
2.70%
Market Cap 10.22B
Revenue (ttm) 23.64B
Net Income (ttm) 3.56B
Shares Out 517.30M
EPS (ttm) 6.64
PE Ratio 2.97
Forward PE 4.04
Dividend n/a
Ex-Dividend Date n/a
Volume 5,594,678
Open 19.53
Previous Close 19.23
Day's Range 19.28 - 19.75
52-Week Range 14.32 - 34.04
Beta 2.23
Analysts Buy
Price Target 22.88 (+15.8%)
Earnings Date Jul 22, 2022

About CLF

Cleveland-Cliffs Inc. operates as a flat-rolled steel producer in North America. The company offers carbon steel products, such as hot-rolled, cold-rolled, electrogalvanized, hot-dip galvanized, hot-dip galvannealed, aluminized, enameling, and advanced high-strength steel products; stainless steel products; plates; and grain oriented and non-oriented electrical steel products. It also provides tubular components, including carbon steel, stainless steel, and electric resistance welded tubing. In addition, the company offers tinplate products, su... [Read more...]

Industry Metals & Mining
Founded 1847
CEO Lourenco Goncalves
Employees 27,000
Stock Exchange NYSE
Ticker Symbol CLF
Full Company Profile

Financial Performance

Financial Statements

Analyst Forecast

According to 17 analysts, the average rating for CLF stock is "Buy." The 12-month stock price forecast is 22.88, which is an increase of 15.85% from the latest price.

Price Target
$22.88
(15.85% upside)
Analyst Consensus: Buy
Stock Forecasts

News

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This Steelmaker Is Using Strong Results to Mend Its Balance Sheet

Cleveland-Cliffs used acquisitions to change into a steel mill, but there was a leverage overhang left behind. Now it's paying down that debt.

Can Autos Keep This Steelmaker's Results Rising?

Cleveland-Cliffs is dealing with supply chain troubles in the auto sector, which reduced demand for its steel. That could change.

Why I Own Cleveland-Cliffs Stock

Is it too late in the cycle for this company? Tyler Crowe says no.

Is Most-Watched Stock ClevelandCliffs Inc. (CLF) Worth Betting on Now?

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Cleveland-Cliffs CEO says EVs are 'a reality' that need to be acknowledged

CNBC's Jim Cramer spoke with Cleveland-Cliffs CEO Lourenco Goncalves on Monday's episode of "Mad Money."

Cleveland-Cliffs (CLF) Earnings Lag Estimates in Q2, Sales Beat

Higher average selling prices drive Cleveland-Cliffs' (CLF) revenues in the second quarter.

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Cleveland-Cliffs (CLF) Stock Slumps on Earnings Miss

CLF stock is trending on social media and falling 3% today after the steelmaker reported lower-than-expected second quarter EPS. The post Cleveland-Cliffs (CLF) Stock Slumps on Earnings Miss appeared fi...

Cleveland-Cliffs (CLF) Q2 Earnings Miss Estimates

Cleveland-Cliffs (CLF) delivered earnings and revenue surprises of -2.24% and 4.23%, respectively, for the quarter ended June 2022. Do the numbers hold clues to what lies ahead for the stock?

Cleveland-Cliffs Reports Second-Quarter 2022 Results

CLEVELAND--(BUSINESS WIRE)--Cleveland-Cliffs Inc. (NYSE: CLF) today reported second-quarter results for the period ended June 30, 2022. Second-quarter 2022 consolidated revenues were $6.3 billion, compa...

Analysts Estimate Cleveland-Cliffs (CLF) to Report a Decline in Earnings: What to Look Out for

Cleveland-Cliffs (CLF) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

ClevelandCliffs Inc. (CLF) is Attracting Investor Attention: Here is What You Should Know

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Cleveland-Cliffs to Announce Second-Quarter 2022 Results on July 22

CLEVELAND--(BUSINESS WIRE)--Cleveland-Cliffs Inc. (NYSE: CLF) will announce its second-quarter 2022 earnings results before the U.S. market open on Friday, July 22, 2022. The Company invites interested ...

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ClevelandCliffs Inc. (CLF) Is a Trending Stock: Facts to Know Before Betting on It

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Two steel makers priced for doom that could bloom in 2022

Investors looking for industries that offer cheap quality stocks that could rebound should look no further than the steel makers.

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Investors Heavily Search ClevelandCliffs Inc. (CLF): Here is What You Need to Know

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Here is What to Know Beyond Why ClevelandCliffs Inc. (CLF) is a Trending Stock

Cleveland-Cliffs (CLF) has received quite a bit of attention from Zacks.com users lately. Therefore, it is wise to be aware of the facts that can impact the stock's prospects.