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Cleveland-Cliffs Inc. (CLF)

NYSE: CLF · IEX Real-Time Price · USD
21.52
+0.06 (0.28%)
After-hours:Oct 15, 2021 7:59 PM EDT
21.46
-0.10 (-0.46%)
At close: Oct 15, 4:00 PM
Market Cap10.72B
Revenue (ttm)13.00B
Net Income (ttm)875.00M
Shares Out499.40M
EPS (ttm)1.74
PE Ratio12.31
Forward PE4.21
Dividendn/a
Ex-Dividend Daten/a
Volume15,884,376
Open21.80
Previous Close21.56
Day's Range21.44 - 21.97
52-Week Range7.55 - 26.51
Beta2.22
AnalystsBuy
Price Target29.09 (+35.6%)
Est. Earnings DateOct 22, 2021

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...

IndustryMetals & Mining
Founded1847
CEOLourenco Goncalves
Employees25,000
Stock ExchangeNYSE
Ticker SymbolCLF
Full Company Profile

Financial Performance

Financial Statements

Analyst Forecast

According to 9 analysts, the average rating for CLF stock is "Buy." The 12-month stock price forecast is 29.09, which is an increase of 35.55% from the latest price.

Price Target
$29.09
(35.55% upside)
Analyst Consensus: Buy

News

Cleveland-Cliffs (CLF) Reports Next Week: Wall Street Expects Earnings Growth

Cleveland-Cliffs (CLF) possesses the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

1 day ago - Zacks Investment Research

Cleveland-Cliffs Popped on News of a $775 Million Metal Recycling Firm Deal

As the company broadens its vertical integration with its acquisition of a steel scrap business, CLF stock can be pushed to new heights. The post Cleveland-Cliffs Popped on News of a $775 Million Metal ...

1 day ago - InvestorPlace

Cleveland-Cliffs and Lourenco Goncalves Awarded Top Honors at S&P Global Platts 2021 Global Metals Ceremony

CLEVELAND--(BUSINESS WIRE)--Cleveland-Cliffs Inc. (NYSE: CLF) announced today it took top honors in three categories at the Annual S&P Global Platts Global Metals Award ceremony in London, England on Oc...

1 day ago - Business Wire

Cleveland-Cliffs (CLF) Gains As Market Dips: What You Should Know

In the latest trading session, Cleveland-Cliffs (CLF) closed at $21.73, marking a +1.26% move from the previous day.

4 days ago - Zacks Investment Research

Steel Tailwinds Will Beat Iron Ore Headwinds for Cleveland-Cliffs

Falling iron ore prices may be holding CLF stock down, but there's plenty on the horizon to send it trending higher again. The post Steel Tailwinds Will Beat Iron Ore Headwinds for Cleveland-Cliffs appe...

4 days ago - InvestorPlace

Lebenthal on Cleveland-Cliffs' FPT acquisition: ‘it's an important strategic deal'

Cleveland-Cliffs Inc (NYSE: CLF) will buy Ferrous Processing and Trading Company (FPT), including certain related entities, for about $775 million, the Ohio-based steelmaker revealed in a press release ...

5 days ago - Invezz

Cleveland-Cliffs Enters the Scrap Business and Announces Acquisition

CLEVELAND--(BUSINESS WIRE)--Cleveland-Cliffs Inc. (the “Company”) (NYSE: CLF) announced today that it has entered into a definitive agreement to acquire Ferrous Processing and Trading Company, including...

5 days ago - Business Wire

UAW Employees Ratify Cleveland-Cliffs' (CLF) New Labor Deal

Cleveland-Cliffs' (CLF) agreement with UAW enables it to maintain its competitive cost structure in flat-rolled steel compared with any of its peers.

1 week ago - Zacks Investment Research

Cleveland-Cliffs Is Trying to Bottom, But Concerns Remain

Cleveland-Cliffs shares are jumping today, but the chart remains tricky. Here's how to play CLF stock now with an options strategy.

1 week ago - InvestorPlace

Goldman Sachs Downgrades US Steel, Upgrades Cleveland-Cliffs Ahead Of Steel Market Mean Reversion

U.S. steel prices have skyrocketed in 2021, and steel stocks have mostly followed suit. One major Wall Street firm adjusted its coverage of steel stocks on Wednesday ahead of an anticipated correction i...

Other symbols:X
1 week ago - Benzinga

With Iron Ore Prices Tanking, How Is Cleveland-Cliffs' Stock Performing?

Cleveland-Cliffs stock has been on a declining trend for more than a month. The stock, which currently trades at $20 per share, has dropped more than 6% in just the last one week compared to a 3% fall i...

1 week ago - Forbes

Is ClevelandCliffs (CLF) Stock Outpacing Its Basic Materials Peers This Year?

Is (CLF) Outperforming Other Basic Materials Stocks This Year?

1 week ago - Zacks Investment Research

Cleveland-Cliffs' New 3-Year Labor Contract with United Auto Workers Ratified at Rockport Works

CLEVELAND--(BUSINESS WIRE)--Cleveland-Cliffs Inc. (NYSE: CLF) announced today that its employees represented by the United Auto Workers (UAW) Local 3044 have ratified a three-year labor contract for its...

1 week ago - Business Wire

Final Trades: Gap, Amazon, Cleveland-Cliffs & more

The "Halftime Report" traders give their top picks to watch for the second half.

Other symbols:AMZNGPS
2 weeks ago - CNBC Television

Cleveland-Cliffs to Announce Third-Quarter 2021 Earnings Results on October 22

CLEVELAND--(BUSINESS WIRE)--Cleveland-Cliffs Inc. (NYSE: CLF) will announce its third-quarter 2021 earnings results before the U.S. market open on Friday, October 22, 2021. The Company invites intereste...

2 weeks ago - Business Wire

Cleveland-Cliffs (CLF) Stock Moves -0.55%: What You Should Know

Cleveland-Cliffs (CLF) closed at $19.81 in the latest trading session, marking a -0.55% move from the prior day.

2 weeks ago - Zacks Investment Research

How To Trade Cleveland-Cliffs After the Recent Rout

Steel stocks like Cleveland-Cliffs are reeling in the wake of the China Evergrande story. Here are two ways to trade CLF stock now.

2 weeks ago - InvestorPlace

Despite a Less Favorable Outlook, Cleveland Cliffs Remains a Buy

The housing market is slowing and China is looking to rein in its real estate sector. But the overall prognosis for CLF stock is favorable.

2 weeks ago - InvestorPlace

Cleveland-Cliffs (CLF) Gains But Lags Market: What You Should Know

In the latest trading session, Cleveland-Cliffs (CLF) closed at $19.98, marking a +0.81% move from the previous day.

3 weeks ago - Zacks Investment Research

Cleveland-Cliffs Stock Was Hit Hard by the Drop in Iron Ore Prices

CLF stock suffered a huge drop on Monday, as the rapidly-dropping price of iron ore hit mining stocks hard. The post Cleveland-Cliffs Stock Was Hit Hard by the Drop in Iron Ore Prices appeared first on ...

3 weeks ago - InvestorPlace

Why Nucor, Cleveland-Cliffs, and Ferroglobe Shares Crashed Today

A double blow from China sent metal stocks tumbling, but you should wait before dumping your shares.

Other symbols:GSMNUE
3 weeks ago - The Motley Fool

Cleveland Cliffs on track for worst day since February

Jim Lebenthal joins the Halftime Report to defend one of his top stock picks, Cleveland Cliffs. He also discusses Wynn Resorts, rebuking Jim Chanos' position on the stock.

3 weeks ago - CNBC Television

Cleveland-Cliffs (CLF) Gains As Market Dips: What You Should Know

Cleveland-Cliffs (CLF) closed at $23.07 in the latest trading session, marking a +0.22% move from the prior day.

1 month ago - Zacks Investment Research

Final Trades: Las Vegas Sands, Coinbase, Cleveland-Cliffs & more

The "Halftime Report" traders give their top picks to watch for the second half.

Other symbols:COINLVS
1 month ago - CNBC Television

The Slide in Cleveland-Cliffs Stock Is Opportunity Knocking at the Door

With infrastructure spending about to boom, and automakers anxious to ramp up production, CLF stock is a solid long-term growth bet. The post The Slide in Cleveland-Cliffs Stock Is Opportunity Knocking ...

1 month ago - InvestorPlace