Cleveland-Cliffs (CLF) to Release Earnings on Monday

Key Points

• Cleveland-Cliffs will report Q1 2026 results before the market opens on Monday, April 20, 2026 at 8:30 AM ET; analysts expect EPS of ($0.3669) and revenue of $4.8412 billion.
• In its last report (Feb. 9) Cleveland-Cliffs beat EPS estimates ($0.43 vs. $0.62 expected) but missed revenue ($4.31B vs. $4.60B), and analysts now forecast about ($1) EPS for the current fiscal year with a consensus rating of "Hold" and an average target price of $12.99.
• Insider activity includes a director buying 19,700 shares and the COO selling 200,000 shares, insiders own 0.95% of the stock while institutions hold 67.68%; the company has a market cap of $5.16 billion and a 12‑month trading range of $5.63–$16.70.

Cleveland-Cliffs (NYSE:CLF - Get Free Report) will likely be posting its Q1 2026 results before the market opens on Monday, April 20th. Analysts expect Cleveland-Cliffs to post earnings of ($0.3669) per share and revenue of $4.8412 billion for the quarter. Individuals may visit the the company's upcoming Q1 2026 earning results page for the latest details on the call scheduled for Monday, April 20, 2026 at 8:30 AM ET.

Cleveland-Cliffs (NYSE:CLF - Get Free Report) last issued its earnings results on Monday, February 9th. The mining company reported ($0.43) earnings per share (EPS) for the quarter, beating the consensus estimate of ($0.62) by $0.19. The company had revenue of $4.31 billion for the quarter, compared to the consensus estimate of $4.60 billion. Cleveland-Cliffs had a negative return on equity of 18.94% and a negative net margin of 7.91%.The firm's quarterly revenue was down .3% on a year-over-year basis. During the same quarter last year, the company earned ($0.68) EPS. On average, analysts expect Cleveland-Cliffs to post $-1 EPS for the current fiscal year and $0 EPS for the next fiscal year.

Cleveland-Cliffs Stock Up 0.1%

Shares of CLF opened at $9.05 on Monday. The business's 50 day moving average is $10.08 and its 200 day moving average is $11.90. The company has a market capitalization of $5.16 billion, a PE ratio of -3.10 and a beta of 1.91. Cleveland-Cliffs has a 12-month low of $5.63 and a 12-month high of $16.70. The company has a current ratio of 1.95, a quick ratio of 0.50 and a debt-to-equity ratio of 1.15.

Wall Street Analyst Weigh In

Several research firms have weighed in on CLF. Weiss Ratings restated a "sell (d-)" rating on shares of Cleveland-Cliffs in a report on Tuesday, January 27th. Wall Street Zen upgraded Cleveland-Cliffs from a "sell" rating to a "hold" rating in a report on Saturday, February 14th. Wells Fargo & Company cut their price target on Cleveland-Cliffs from $12.00 to $9.00 and set an "equal weight" rating for the company in a report on Thursday, March 19th. Argus upgraded Cleveland-Cliffs to a "hold" rating in a report on Monday, April 6th. Finally, Citigroup raised their price target on Cleveland-Cliffs from $11.00 to $13.00 and gave the company a "neutral" rating in a report on Monday, February 9th. Two research analysts have rated the stock with a Buy rating, seven have issued a Hold rating and two have issued a Sell rating to the company's stock. According to MarketBeat.com, Cleveland-Cliffs currently has a consensus rating of "Hold" and an average target price of $12.99.

Insider Buying and Selling at Cleveland-Cliffs

In related news, Director Edilson Camara bought 19,700 shares of the company's stock in a transaction dated Friday, February 13th. The stock was purchased at an average price of $10.13 per share, for a total transaction of $199,561.00. Following the acquisition, the director owned 41,983 shares in the company, valued at $425,287.79. This trade represents a 88.41% increase in their ownership of the stock. The purchase was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, COO Clifford T. Smith sold 200,000 shares of Cleveland-Cliffs stock in a transaction that occurred on Tuesday, February 17th. The stock was sold at an average price of $10.46, for a total value of $2,092,000.00. Following the completion of the transaction, the chief operating officer owned 560,529 shares of the company's stock, valued at approximately $5,863,133.34. This trade represents a 26.30% decrease in their position. The SEC filing for this sale provides additional information. 0.95% of the stock is currently owned by company insiders.

Hedge Funds Weigh In On Cleveland-Cliffs

A number of institutional investors and hedge funds have recently modified their holdings of the stock. Corient Private Wealth LLC boosted its holdings in shares of Cleveland-Cliffs by 33.9% in the 4th quarter. Corient Private Wealth LLC now owns 24,378 shares of the mining company's stock worth $324,000 after purchasing an additional 6,176 shares during the period. Virtu Financial LLC purchased a new position in shares of Cleveland-Cliffs in the 4th quarter worth approximately $387,000. State of Tennessee Department of Treasury boosted its holdings in shares of Cleveland-Cliffs by 65.9% in the 4th quarter. State of Tennessee Department of Treasury now owns 221,437 shares of the mining company's stock worth $3,047,000 after purchasing an additional 87,975 shares during the period. NewEdge Advisors LLC boosted its holdings in shares of Cleveland-Cliffs by 3,987.9% in the 4th quarter. NewEdge Advisors LLC now owns 98,559 shares of the mining company's stock worth $1,309,000 after purchasing an additional 96,148 shares during the period. Finally, XTX Topco Ltd purchased a new position in shares of Cleveland-Cliffs in the 4th quarter worth approximately $513,000. Hedge funds and other institutional investors own 67.68% of the company's stock.

About Cleveland-Cliffs

Cleveland-Cliffs Inc is a leading North American producer of iron ore pellets and flat-rolled steel products. Tracing its roots to 1847, the company has evolved from an iron-ore mining concern in the Great Lakes region into a fully integrated steelmaker. Today, Cleveland-Cliffs operates iron ore mining complexes in Michigan and Minnesota as well as steelmaking and finishing facilities across the United States.

The company's integrated platform begins with direct control of key raw materials, including iron ore and scrap, and extends through every stage of steel production.

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