Cleveland-Cliffs Inc. (CLF)
| Market Cap | 11.77B |
| Revenue (ttm) | 13.00B |
| Net Income (ttm) | 875.00M |
| Shares Out | 499.40M |
| EPS (ttm) | 1.77 |
| PE Ratio | 14.05 |
| Forward PE | 3.63 |
| Dividend | n/a |
| Dividend Yield | n/a |
| Trading Day | July 29 |
| Last Price | $24.86 |
| Previous Close | $23.56 |
| Change ($) | 1.30 |
| Change (%) | 5.52% |
| Day's Open | 24.00 |
| Day's Range | 23.91 - 25.83 |
| Day's Volume | 51,165,467 |
| 52-Week Range | 5.16 - 25.83 |
Expect Cleveland-Cliffs to significantly cut debt from its huge free cash flow. CLF stock is worth 40% more at $33, assuming its debt reduction continues.
CLF stock is up today for a number of reasons. Stock buybacks are reducing dilution, and the infrastructure bill means business will boom.
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Cleveland Cliffs' Q2 results weren't perfect, but CLF stock should get a boost from the federal infrastructure initiative. The post Cleveland Cliffs Stock Looks Poised to Rally Over the Longer Term appe...
CLEVELAND--(BUSINESS WIRE)--Cleveland-Cliffs Inc. (NYSE: CLF) announced today that it has completed the redemption of the entirety of its outstanding Series B Participating Redeemable Preferred Stock he...
Cleveland-Cliffs (CLF) shares have started gaining and might continue moving higher in the near term, as indicated by solid earnings estimate revisions.
Fresh fiscal data, a bold promise from the CEO and an ambitious analyst's price target add up to strong potential upside for CLF stock. The post Zero-Debt Goal Puts Cleveland-Cliffs on a Positive Path a...
Stimulus plans in the U.S. and Europe, along with continued strong demand for homes and cars, are a few trends that will boost CLF stock. The post With a 3.3 Forward P/E Ratio, Cleveland-Cliffs Is a Gre...
Cleveland-Cliffs (CLF) benefits from the successful integration of the two acquisitions and strong demand for its products in Q2.
Dogecoin, Intel, Twitter and Cleveland-Cliffs were our top stock trades for Friday. Let's look at the charts as earnings season picks up.
Cleveland Cliffs CEO doesn't see steel demand slowing, which remains 'excellent'
"Demand is relentless," Cleveland Cliffs CEO Lourenco Goncalves tells 'Closing Bell.' He expects any infrastructure bill passed by Congress will boost the steel industry even more than it's already been...
Benzinga's PreMarket Prep airs every morning from 8-9 a.m. ET. During that fast-paced, highly informative hour, traders and investors tune in to get the major news of the day, the catalysts behind those...
Cleveland-Cliffs (CLF) delivered earnings and revenue surprises of -1.35% and 2.96%, respectively, for the quarter ended June 2021. Do the numbers hold clues to what lies ahead for the stock?
Shares of Cleveland-Cliffs (NYSE:CLF) fell 3.6% in pre-market trading after the company reported Q2 results. Quarterly Results Earnings per share were up 570.97% over the past year to $1.46, which misse...
CLEVELAND--(BUSINESS WIRE)--Cleveland-Cliffs Inc. (NYSE: CLF) today reported second-quarter results for the period ended June 30, 2021. Second-quarter 2021 consolidated revenues were $5.0 billion, compa...
Cleveland-Cliffs (CLF) is seeing favorable earnings estimate revision activity and has a positive Zacks Earnings ESP heading into earnings season.
The second week of June-quarter earnings results has been a good one so far. Of nearly 50 companies reporting results through Tuesday morning, only three have missed per-share earnings estimates and onl...
Cleveland-Cliffs (CLF) is expected to have benefited from higher steel and iron ore prices and contributions from acquisitions in Q2.
CEO Laurent Goncalves seems to have timed his roll-up of the rolled steel business well, as prices are up and could keep rising under President Biden's infrastructure bill. The post Cleveland-Cliffs Is ...
Cleveland-Cliffs stock dropped almost 12% in just the last one week. In the last ten days it is down almost 10% while if we look at the change over the last one month, the stock is down 12%.
CLEVELAND--(BUSINESS WIRE)--Cleveland-Cliffs Inc. (NYSE: CLF) announced today the release of its full Sustainability Report 2020. In response to feedback from many of its stakeholders, Cleveland-Cliffs ...
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.
Steel stocks are likely to put up an impressive show this earnings season, helped by robust demand in major end markets and a strong run-up in steel prices.
Cleveland-Cliffs (CLF) closed at $22.78 in the latest trading session, marking a -1.3% move from the prior day.
Reddit wants stocks with multi-bagger return potential, and it will get them from these companies with above-market growth. The post 7 Reddit Stocks Looking to Replace Fido as Man's Best Friend appeared...
Is (CLF) Outperforming Other Basic Materials Stocks This Year?
Even as we acknowledge Cleveland-Cliffs' status as an American commodities icon, cautious investors must tread carefully with CLF stock. The post You'll Need Nerves of Steel to Hold Cleveland-Cliffs Sto...
With the trading day more than halfway over, the broad markets saw a loss across the board.
In the latest trading session, Cleveland-Cliffs (CLF) closed at $22.37, marking a +1.41% move from the previous day.
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CLEVELAND--(BUSINESS WIRE)--Cleveland-Cliffs Inc. was named GM Supplier of the Year by General Motors for the fourth consecutive year.
Cleveland-Cliffs (CLF) closed at $20.87 in the latest trading session, marking no change from the prior day.
Finding stocks expected to beat quarterly earnings estimates becomes an easier task with our Zacks Earnings ESP.
Cleveland-Cliffs Inc (NYSE: CLF) was trading down over 8% at one point Thursday amid overall market weakness following inflation fears stoked by the Federal Reserve's policy statement. On Wednesday, JPM...
What goes up must also come down, they say. AMC Entertainment Holdings Inc. (NYSE: AMC) has reversed that Thursday, recovering nicely from a Wednesday decline of 6.5% with a noon-hour gain of more than 7%.
Cleveland-Cliffs (CLF) closed the most recent trading day at $22.66, moving -0.87% from the previous trading session.
With the acquisitions of AK Steel and ArcelorMittal USA in 2020, Cleveland-Cliffs Inc (NYSE:CLF) has emerged as the largest producer of steel in North America, according to JPMorgan. The Cleveland-Cliff...
We have highlighted four meme stocks that are most-talked over on the Reddit platform lately and have strong fundamentals like double-digit estimated earnings growth for this fiscal year.
Cleveland-Cliffs (CLF) expect second-quarter and full-year adjusted EBITDA of $1.3 billion and $5 billion, respectively.
All the major indexes pulled back on Tuesday, with the Nasdaq leading the charge. Despite this, crude oil jumped back above $72 a barrel, and Bitcoin was fairly stagnant at $40,000.
Cleveland-Cliffs stock went up 14% in just the last one week, while the stock is up 12% over the last one month. There were a couple of factors that were behind this rally in the stock.
Iron ore: not as pretty as gold, but in demand now. Photo by Peter Craven, Wikimedia Commons.
CLEVELAND--(BUSINESS WIRE)--Cleveland-Cliffs Inc. (NYSE: CLF) today provided updated financial guidance based on its most recent 2021 financial forecast. The Company's forecast includes the following ex...
About CLF
Cleveland-Cliffs Inc. operates as a flat-rolled steel producer in North America. It also manufactures iron ore pellets. The company is vertically integrated from mined raw materials and direct reduced iron to primary steelmaking and downstream finishing, stamping, tooling, and tubing. It serves a range of markets through offering of flat-rolled steel products and supplies steel to the automotive industry. The company was formerly known as Cliffs Natural Resources Inc. and changed its name to Cleveland-Cliffs Inc. in August 2017. Cleveland-Cliff... [Read more...]
| Industry Steel | Founded 1847 |
| CEO Lourenco Goncalves | Employees 25,000 |
| Stock Exchange NYSE | Ticker Symbol CLF |
Analyst Forecasts
According to 7 analysts, the average rating for CLF stock is "Buy." The 12-month stock price forecast is 26.42, which is an increase of 6.28% from the latest price.