Cleveland-Cliffs Inc. (CLF)
| Market Cap | 7.96B |
| Revenue (ttm) | 3.63B |
| Net Income (ttm) | -122.80M |
| Shares Out | 399.40M |
| EPS (ttm) | -0.36 |
| PE Ratio | n/a |
| Forward PE | 47.85 |
| Dividend | $0.24 |
| Dividend Yield | 1.46% |
| Trading Day | January 15 |
| Last Price | $16.48 |
| Previous Close | $18.15 |
| Change ($) | -1.67 |
| Change (%) | -9.20% |
| Day's Open | 17.63 |
| Day's Range | 16.44 - 17.73 |
| Day's Volume | 20,557,832 |
| 52-Week Range | 3.02 - 18.56 |
Patient shareholders of Cleveland-Cliffs have finally been rewarded with a 140% return over the past year. As sell-side analysts haste to upgrade their forecasts, their bullish sentiment could...
3 Zacks Rank #1s Set to Move Even Higher
Cleveland-Cliffs (CLF) has been upgraded to a Zacks Rank #1 (Strong Buy), reflecting growing optimism about the company's earnings prospects. This might drive the stock higher in the near term.
After rising more than 5x from its March lows of 2020, at the current price near $16 per share, Cleveland-Cliffs stock looks fairly valued at the moment. The stock rallied from $3 to $16 off i...
Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to th...
Since bottoming out last March, metal stocks have been on a nearly unbroken march higher.
Cleveland-Cliffs (CLF) is gaining from its merger with AK Steel and the acquisition of ArcelorMittal USA.
The iron ore miner and steelmaker closed a transformative acquisition to finish off a remarkable year.
Does Cleveland-Cliffs (CLF) have what it takes to be a top stock pick for momentum investors? Let's find out.
Top Ranked Momentum Stocks to Buy for December 30th
Is (CLF) Outperforming Other Basic Materials Stocks This Year?
Cleveland-Cliffs Inc (NYSE:CLF) is taking breather after its recent rally, which culminated in a Dec. 23 five-year high of $14.65.
Investors need to pay close attention to Cleveland-Cliffs (CLF) stock based on the movements in the options market lately.
Is (CLF) Outperforming Other Basic Materials Stocks This Year?
With the buyout of ArcelorMittal USA, Cleveland-Cliffs (CLF) becomes the largest flat-rolled steel producer in North America.
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Cleveland-Cliffs discusses how a Biden administration would affect the steel industry
Cleveland-Cliffs completed its $1.4 billion deal in its ArcelorMittal USA acquisition. The acquisition will form the largest flat-rolled steel producer in North America.
CLEVELAND--(BUSINESS WIRE)--Cleveland-Cliffs Inc. (NYSE: CLF) today announced that it has successfully completed the acquisition of substantially all of the operations of ArcelorMittal USA LLC...
Upbeat view and bright prospects from synergistic acquisitions make Cleveland-Cliffs (CLF) an attractive investment option.
Your average American is probably only familiar with one of these names.
Strong Q3 results, upbeat view and bright prospects from synergistic acquisitions are driving Cleveland-Cliffs' (CLF) shares.
Cleveland-Cliffs (CLF) has been upgraded to a Zacks Rank #2 (Buy), reflecting growing optimism about the company's earnings prospects. This might drive the stock higher in the near term.
Is (CLF) Outperforming Other Basic Materials Stocks This Year?
Cleveland-Cliffs (CLF) expects the transaction to close in December 2020, subject to other customary closing conditions.
CLEVELAND--(BUSINESS WIRE)--Cleveland-Cliffs Inc. (NYSE: CLF) today announced that it has received from the Bureau of Competition of the Federal Trade Commission notice of early termination of...
Cleveland-Cliffs (CLF) saw a big move last session, as its shares jumped more than 9% on the day, amid huge volumes.
Cleveland-Cliffs (CLF) reported earnings 30 days ago. What's next for the stock?
Investors seem to be underappreciating the incremental opportunities ahead for Cleveland-Cliffs Inc (NYSE: CLF), according to KeyBanc Capital Markets. The Cleveland-Cliffs Analyst: Philip Gibb...
Cleveland-Cliffs investment thesis is largely long-term oriented, which is why short-term pullbacks could be used to increase positions. The company could potentially benefit from a years-long...
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The stock of the U.S. integrated steelmaker soared following the announcement of a momentous acquisition.
CLEVELAND--(BUSINESS WIRE)--Cleveland-Cliffs Inc. (NYSE: CLF) today praised President Trump and his Administration for taking action to save 1,400 jobs at AK Steel's Butler, Pennsylvania and Z...
After rising more than 160% from its March lows of this year, at the current price of over $8 per share, we believe Cleveland-Cliffs stock is overvalued. The iron ore and pellet giant's stock ...
Cleveland-Cliffs' (CLF) realized revenues per long ton rises in Q3. It expects further sequential improvement in its adjusted EBITDA performance in the fourth quarter.
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Cleveland-Cliffs Inc. (CLF) CEO Lourenco Goncalves on Q3 2020 Results - Earnings Call Transcript
While its third-quarter results were shy of estimates, the company gave a better outlook for the balance of the year.
Cleveland-Cliffs (CLF) delivered earnings and revenue surprises of 122.22% and 2.50%, respectively, for the quarter ended September 2020. Do the numbers hold clues to what lies ahead for the s...
Shares of Cleveland-Cliffs (NYSE:CLF) rose 0.8% in pre-market trading after the company reported Q3 results. Quarterly Results Earnings per share fell 87.88% year over year to $0.04, which bea...
CLEVELAND--(BUSINESS WIRE)--Cleveland-Cliffs Inc. (NYSE: CLF) today reported third-quarter results for the period ended September 30, 2020. The Company reported total revenues of $1.6 billion,...
The benefits of higher iron ore prices and merger with AK Steel are likely to get reflected in Cleveland-Cliffs' (CLF) third-quarter performance.
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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.
It’s no surprise that companies tied to steel, iron and copper would do poorly in a recession.
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CLEVELAND--(BUSINESS WIRE)--Cleveland-Cliffs Inc. (NYSE: CLF) announced today it will be reporting third-quarter 2020 financial results before the U.S.-market open on Friday, October 23, 2020....
About CLF
Cleveland-Cliffs operates as an independent iron ore mining company in the United States, Canada, and internationally. It operates in two segments, Mining and Pelletizing, and Metallics. The company operates three iron ore mines, including the Tilden mine in Michigan; and the Northshore and United Taconite mines in Minnesota, as well as holds 23% stake in the Hibbing mine in Minnesota. It produces various grades of iron ore pellets, including standard, fluxed, and DR-grade for blast furnace steel producers; and flat-rolled carbon, stainless, an... [Read more...]
| Industry Steel | Founded 1847 |
| CEO Lourenco Goncalves | Employees 2,372 |
| Stock Exchange NYSE | Ticker Symbol CLF |
Financial Performance
In 2019, CLF's revenue was $1.99 billion, a decrease of -14.68% compared to the previous year's $2.33 billion. Earnings were $292.80 million, a decrease of -74.04%.
Analyst Forecasts
According to 6 analysts, the average rating for CLF stock is "Buy." The 12-month stock price forecast is 14.09, which is a decrease of -14.50% from the latest price.