Cliffs Natural Resources Company Profile (NYSE:CLF)

About Cliffs Natural Resources (CLF)

Cliffs Natural Resources logoCliffs Natural Resources Inc. is a mining and natural resources company. The Company is a supplier of iron ore pellets to the North American steel industry from its mines and pellet plants located in Michigan and Minnesota. The Company's segments include U.S. Iron Ore and Asia Pacific Iron Ore. The Company is a producer of iron ore pellets, primarily selling production from U.S. Iron Ore to integrated steel companies in the United States, Canada and Mexico. Its Asia Pacific Iron Ore operations are located in Western Australia and consist of its Koolyanobbing operation. The Koolyanobbing operations serve the Asian iron ore markets with direct-shipped fines and lump ore. In addition, the Company operates an iron ore mining complex in Western Australia. In the United States, the Company owned four operational iron ore mines and one indefinitely idled mine, as of December 31, 2016. As of December 31, 2016, it operated four iron ore mines located in Michigan and Minnesota.

Industry, Sector and Symbol:
  • Sector: Basic Materials
  • Industry: Industrial Metals & Minerals
  • Sub-Industry: Steel
  • Exchange: NYSE
  • Symbol: CLF
  • CUSIP: 18683K10
Key Metrics:
  • Previous Close: $6.72
  • 50 Day Moving Average: $8.02
  • 200 Day Moving Average: $8.49
  • 52-Week Range: $2.77 - $12.37
  • Trailing P/E Ratio: 7.72
  • Foreward P/E Ratio: 6.17
  • P/E Growth: 1.08
  • Market Cap: $1.57B
  • Outstanding Shares: 233,074,000
  • Beta: 1.63
Profitability:
  • Net Margins: 8.26%
  • Return on Equity: -6.02%
  • Return on Assets: 4.95%
Debt:
  • Debt-to-Equity Ratio: -1.63%
  • Current Ratio: 2.11%
  • Quick Ratio: 1.42%

Analyst Ratings

Consensus Ratings for Cliffs Natural Resources (NYSE:CLF) (?)
Ratings Breakdown: 3 Sell Ratings, 2 Hold Ratings, 3 Buy Ratings
Consensus Rating:Hold (Score: 2.00)
Consensus Price Target: $8.50 (26.49% upside)

Analysts' Ratings History for Cliffs Natural Resources (NYSE:CLF)
Show:
DateFirmActionRatingPrice TargetImpact on Share PriceDetails
4/28/2017FBR & CoUpgradeMkt Perform -> Outperform$11.00 -> $10.00MediumView Rating Details
3/27/2017JPMorgan Chase & Co.Boost Price TargetOverweight$12.00 -> $13.00HighView Rating Details
3/16/2017Axiom SecuritiesReiterated RatingSellLowView Rating Details
1/13/2017Credit Suisse Group AGReiterated RatingUnderperform$6.00N/AView Rating Details
9/28/2016Morgan StanleyReiterated RatingSell$3.00N/AView Rating Details
8/29/2016MacquarieLower Price TargetOutperform$11.00 -> $10.00N/AView Rating Details
8/3/2016Cowen and CompanyBoost Price TargetMarket Perform$6.00 -> $9.00N/AView Rating Details
7/18/2016Clarkson CapitalUpgradeSell -> NeutralN/AView Rating Details
3/18/2016NomuraReiterated RatingReduce$1.50N/AView Rating Details
3/17/2016Bank of America CorpReiterated RatingUnderperformN/AView Rating Details
2/5/2016Deutsche Bank AGLower Price TargetSell$1.50 -> $1.00N/AView Rating Details
8/24/2015Wolfe ResearchInitiated CoverageSellN/AView Rating Details
8/3/2015Royal Bank of CanadaLower Price TargetSector Perform$6.00 -> $3.50N/AView Rating Details
4/30/2015Citigroup IncBoost Price TargetSell$2.50N/AView Rating Details
(Data available from 4/29/2015 forward)

Earnings

Earnings History for Cliffs Natural Resources (NYSE:CLF)
Earnings by Quarter for Cliffs Natural Resources (NYSE:CLF)
Earnings History by Quarter for Cliffs Natural Resources (NYSE:CLF)
DateQuarterConsensus EstimateActual EPSRevenue EstimateActual RevenueRelease LinkConference CallDetails
4/26/2017        
4/27/2017Q1 2017$0.16($0.11)$412.71 million$461.60 millionViewN/AView Earnings Details
2/9/2017Q416$0.23$0.42$662.09 million$754.00 millionViewListenView Earnings Details
10/27/2016Q316$0.19($0.11)$597.30 million$553.00 millionViewListenView Earnings Details
7/28/2016Q216$0.02$0.07$482.37 million$496.00 millionViewListenView Earnings Details
4/28/2016Q116($0.29)$0.62$280.92 million$306.00 millionViewListenView Earnings Details
1/27/2016Q415($0.26)($0.14)$508.96 million$470.60 millionViewListenView Earnings Details
10/29/2015Q315($0.23)($0.15)$595.78 million$593.00 millionViewListenView Earnings Details
7/29/2015Q215($0.11)($0.21)$602.76 million$498.00 millionViewListenView Earnings Details
4/28/2015Q115($0.19)$0.02$562.50 million$446.00 millionViewN/AView Earnings Details
2/2/2015Q414$0.15$1.00$1.23 billion$1.30 billionViewN/AView Earnings Details
10/27/2014Q314$0.05$0.21$1.28 billion$1.30 billionViewN/AView Earnings Details
7/23/2014Q214($0.08)($0.01)$1.18 billion$1.10 billionViewN/AView Earnings Details
4/24/2014Q114($0.21)($0.68)$982.96 million$940.00 millionViewN/AView Earnings Details
2/19/2014Q413$0.82$1.22$1.45 billion$1.52 billionViewN/AView Earnings Details
10/24/2013Q313$0.61$0.68$1.44 billion$1.55 billionViewN/AView Earnings Details
7/25/2013Q2 2013$0.73$0.82$1.43 billion$1.49 billionViewN/AView Earnings Details
4/24/2013Q1 2013$0.35$0.60$1.19 billion$1.14 billionViewN/AView Earnings Details
2/12/2013Q4 2012$0.55$0.62$1.53 billion$1.54 billionViewN/AView Earnings Details
10/24/2012$1.09$0.61ViewN/AView Earnings Details
7/25/2012$1.81$1.81ViewN/AView Earnings Details
4/25/2012$1.16$2.63ViewN/AView Earnings Details
2/15/2012$1.61$1.30ViewN/AView Earnings Details
10/27/2011$3.62$4.07ViewN/AView Earnings Details
7/27/2011$3.68$2.92ViewN/AView Earnings Details
4/28/2011$2.22$3.11ViewN/AView Earnings Details
2/16/2011$2.17$2.82ViewN/AView Earnings Details
(Data available from 1/1/2011 forward)

Estimates

Earnings Estimates for Cliffs Natural Resources (NYSE:CLF)
2017 EPS Consensus Estimate: $1.80
QuarterNumber of EstimatesLow EstimateHigh EstimateAverage Estimate
Q1 20172$0.06$0.13$0.10
Q2 20171$0.65$0.65$0.65
Q3 20171$0.57$0.57$0.57
Q4 20171$0.48$0.48$0.48
(Data provided by Zacks Investment Research)

Dividends

Current Dividend Information for Cliffs Natural Resources (NYSE:CLF)
Most Recent Dividend:12/1/2014
Annual Dividend:$0.00
Dividend Yield:0.00%
Dividend Growth:0.00% (3 Year Average)
Payout Ratio:0.00% (Trailing 12 Months of Earnings)
0.00% (Based on This Year's Estimates)
0.00% (Based on Next Year's Estimates)
Dividend Payments by Quarter for Cliffs Natural Resources (NYSE:CLF)

Dividend History by Quarter for Cliffs Natural Resources (NYSE:CLF)
AnnouncedPeriodAmountYieldEx-Dividend DateRecord DatePayable Date
11/4/2014quarterly$0.155.38%11/12/201411/15/201412/1/2014
7/28/2014quarterly$0.153.41%8/13/20148/15/20149/2/2014
5/14/2014quarterly$0.153.37%5/21/20145/23/20146/3/2014
2/11/2014quarterly$0.152.73%2/19/20142/21/20143/3/2014
11/14/2013quarterly$0.152.22%11/20/201311/22/201312/2/2013
11/12/2013$0.1511/20/201311/22/201312/2/2013
7/9/2013quarterly$0.153.66%8/13/20138/15/20139/3/2013
5/7/2013quarterly$0.152.59%5/15/20135/17/20136/3/2013
2/13/2013quarterly$0.152.05%2/20/20132/22/20133/1/2013
(Data available from 1/1/2013 forward)

Insider Trades

Insider Trading and Institutional Ownership History for Cliffs Natural Resources (NYSE:CLF)
Insider Ownership Percentage: 4.52%
Institutional Ownership Percentage: 58.73%
Insider Trades by Quarter for Cliffs Natural Resources (NYSE:CLF)
Institutional Ownership by Quarter for Cliffs Natural Resources (NYSE:CLF)
Insider Trades by Quarter for Cliffs Natural Resources (NYSE:CLF)
Transaction DateInsider NameTitleBuy/SellNumber of SharesAverage Share PriceTotal TransactionDetails
11/3/2016Robert P Fisher JrDirectorBuy4,000$5.66$22,640.00View SEC Filing  
11/2/2016Eric M RychelDirectorBuy5,000$5.55$27,750.00View SEC Filing  
11/1/2016Susan Miranda GreenDirectorBuy1,770$5.65$10,000.50View SEC Filing  
10/31/2016John T BaldwinDirectorBuy10,000$5.49$54,900.00View SEC Filing  
10/28/2016Joseph A RutkowskiDirectorBuy6,000$5.32$31,920.00View SEC Filing  
5/9/2016Lourenco GoncalvesCEOBuy100,000$3.04$304,000.00View SEC Filing  
5/6/2016Douglas C TaylorDirectorSell7,231,520$3.81$27,552,091.20View SEC Filing  
11/6/2015Douglas C TaylorDirectorSell675,000$3.15$2,126,250.00View SEC Filing  
11/4/2015James S SawyerDirectorBuy25,000$3.07$76,750.00View SEC Filing  
5/26/2015Michael D SiegalDirectorBuy9,500$5.20$49,400.00View SEC Filing  
3/4/2015Lourenco GoncalvesCEOBuy100,000$6.50$650,000.00View SEC Filing  
3/2/2015Michael D SiegalDirectorBuy7,200$6.81$49,032.00View SEC Filing  
2/5/2015Joseph A RutkowskiDirectorBuy8,000$6.35$50,800.00View SEC Filing  
10/29/2014John T BaldwinDirectorBuy9,800$10.18$99,764.00View SEC Filing  
9/12/2014John T BaldwinDirectorBuy3,000$14.26$42,780.00View SEC Filing  
9/11/2014Douglas C TaylorDirectorBuy7,200$13.95$100,440.00View SEC Filing  
9/8/2014Gabriel StoliarDirectorBuy7,246$13.76$99,704.96View SEC Filing  
8/21/2014Robert P Fisher JrDirectorBuy6,000$16.46$98,760.00View SEC Filing  
11/5/2013Andres GluskiDirectorBuy1,040$28.33$29,463.20View SEC Filing  
11/1/2013Joseph A CarrabbaCEOSell50,000$26.94$1,347,000.00View SEC Filing  
10/30/2013Donald J GallagherEVPSell13,640$25.11$342,500.40View SEC Filing  
8/16/2013David BlakeSVPSell3,000$23.03$69,090.00View SEC Filing  
3/11/2013Steven M RaguzEVPSell4,000$24.01$96,040.00View SEC Filing  
3/11/2013Terrance M ParadieCFOSell3,700$24.04$88,948.00View SEC Filing  
(Data available from 1/1/2013 forward)

Headlines

Headline Trends for Cliffs Natural Resources (NYSE:CLF)
Latest Headlines for Cliffs Natural Resources (NYSE:CLF)
Source:
DateHeadline
americanbankingnews.com logoCliffs Natural Resources (CLF) Earning Somewhat Negative News Coverage, AlphaOne Reports
www.americanbankingnews.com - April 29 at 3:14 PM
americanbankingnews.com logoCliffs Natural Resources Inc (CLF) Upgraded to "Outperform" by FBR & Co
www.americanbankingnews.com - April 29 at 2:40 PM
finance.yahoo.com logoEdited Transcript of CLF earnings conference call or presentation 27-Apr-17 2:00pm GMT
finance.yahoo.com - April 29 at 8:03 AM
finance.yahoo.com logoCliffs Natural Resources Played a Bad Hand Well This Past Quarter
finance.yahoo.com - April 28 at 10:20 PM
finance.yahoo.com logoCliffs Natural Resources' Long-Term Prospects Look Good
finance.yahoo.com - April 28 at 5:18 PM
seekingalpha.com logoCliffs Natural Resources (CLF) Q1 2017 Results - Earnings Call Transcript
seekingalpha.com - April 27 at 9:50 PM
finance.yahoo.com logoCoronado Group LLC -- Moody's assigns B3 ratings to Coronado Group LLC; outlook stable
finance.yahoo.com - April 27 at 9:50 PM
americanbankingnews.com logoCliffs Natural Resources Inc (CLF) Posts Earnings Results, Misses Expectations By $0.31 EPS
www.americanbankingnews.com - April 27 at 9:36 PM
zacks.com logoCliffs Natural (CLF) Records Loss in Q1, Revenues Top
www.zacks.com - April 27 at 4:49 PM
investorplace.com logoCliffs Natural Resources Inc (CLF) Stock Digging Itself a Deep Hole
investorplace.com - April 27 at 2:48 PM
seekingalpha.com logoCliffs Natural Resources misses by $0.04, beats on revenue
seekingalpha.com - April 27 at 11:54 AM
rttnews.com logoEARNINGS SUMMARY: Details of Cliffs Natural Resources Inc. Q1 Earnings Report
www.rttnews.com - April 27 at 11:54 AM
finance.yahoo.com logoCliffs Natural Resources Inc. Reports First-Quarter 2017 Results
finance.yahoo.com - April 27 at 11:54 AM
finance.yahoo.com logoCliffs reports 1Q loss
finance.yahoo.com - April 27 at 11:54 AM
finance.yahoo.com logoCliffs Natural (CLF) Posts Loss in Q1, Revenues Beat
finance.yahoo.com - April 27 at 11:54 AM
americanbankingnews.com logoCliffs Natural Resources (CLF) Receiving Somewhat Favorable News Coverage, Analysis Finds
www.americanbankingnews.com - April 26 at 9:42 PM
americanbankingnews.com logoCliffs Natural Resources Target of Unusually Large Options Trading (CLF)
www.americanbankingnews.com - April 26 at 2:30 PM
finance.yahoo.com logoIs Cliffs Natural (CLF) Poised for a Beat in Q1 Earnings?
finance.yahoo.com - April 25 at 4:10 PM
seekingalpha.com logoCliffs Natural Resources: Infrastructure, Tariffs, And Its Future Outlook
seekingalpha.com - April 25 at 12:12 PM
finance.yahoo.com logoWhat Factors Could Drive CLF’s Free Cash Flow Going Forward?
finance.yahoo.com - April 24 at 4:15 PM
finance.yahoo.com logoCan Cliffs Natural Resources Beat Its Earnings Estimates for 1Q17?
finance.yahoo.com - April 24 at 9:33 AM
finance.yahoo.com logoHow Analysts View CLF’s Financial Leverage Trends in 2017 and Beyond
finance.yahoo.com - April 24 at 9:33 AM
americanbankingnews.com logoCliffs Natural Resources (CLF) Receiving Somewhat Critical News Coverage, Analysis Finds
www.americanbankingnews.com - April 23 at 11:03 AM
americanbankingnews.com logo Brokerages Expect Cliffs Natural Resources Inc (CLF) Will Announce Quarterly Sales of $373.1 Million
www.americanbankingnews.com - April 23 at 7:56 AM
americanbankingnews.com logoCliffs Natural Resources Inc (CLF) Expected to Post Earnings of $0.17 Per Share
www.americanbankingnews.com - April 22 at 12:24 AM
finance.yahoo.com logoCould There Be a Downside ahead for CLF’s Revenues?
finance.yahoo.com - April 21 at 4:26 PM
americanbankingnews.com logoCliffs Natural Resources Inc (CLF) Downgraded by Zacks Investment Research to "Hold"
www.americanbankingnews.com - April 21 at 1:02 PM
finance.yahoo.com logoWhy Analysts Expect Iron Ore Prices to Fall Further
finance.yahoo.com - April 21 at 9:24 AM
finance.yahoo.com logoHow Analysts View CLF as Its 1Q17 Earnings Release Approaches
finance.yahoo.com - April 21 at 9:24 AM
finance.yahoo.com logoCliffs Natural Resources Inc. Commends the Trump Administration for Section 232 Initiation
finance.yahoo.com - April 20 at 9:29 PM
americanbankingnews.com logoStock Traders Buy Large Volume of Call Options on Cliffs Natural Resources (CLF)
www.americanbankingnews.com - April 20 at 6:26 PM
americanbankingnews.com logoSomewhat Positive News Coverage Very Likely to Affect Cliffs Natural Resources (CLF) Stock Price
www.americanbankingnews.com - April 20 at 6:17 PM
finance.yahoo.com logoFactors That Could Impact CLF’s US Volumes in 1Q17
finance.yahoo.com - April 20 at 4:28 PM
finance.yahoo.com logoWhy CLF Is Expecting an Upside to US Realized Prices in 1Q17
finance.yahoo.com - April 20 at 4:28 PM
fool.com logoIs Cliffs Natural Resources Now a Buy?
www.fool.com - April 20 at 3:52 PM
americanbankingnews.com logoCliffs Natural Resources Inc (CLF) Upgraded at Zacks Investment Research
www.americanbankingnews.com - April 20 at 2:09 PM
americanbankingnews.com logoCliffs Natural Resources Inc (CLF) Receives Consensus Rating of "Hold" from Brokerages
www.americanbankingnews.com - April 18 at 12:50 PM
americanbankingnews.com logoCliffs Natural Resources (CLF) Receiving Somewhat Positive News Coverage, Report Finds
www.americanbankingnews.com - April 17 at 10:17 PM
seekingalpha.com logoCliffs: Mother Of All Stocks
seekingalpha.com - April 17 at 12:09 PM
finance.yahoo.com logoSteel Dynamics’ 1Q17 Earnings: Guidance versus Estimates
finance.yahoo.com - April 14 at 10:49 AM
finance.yahoo.com logoHere’s Why Nucor’s Profits Are Expected to Surge in 1Q17
finance.yahoo.com - April 14 at 10:49 AM
finance.yahoo.com logoCliffs Natural Resources and ArcelorMittal Looking for an Industry ... - Yahoo Finance
finance.yahoo.com - April 13 at 4:23 PM
americanbankingnews.com logoSomewhat Critical Press Coverage Extremely Likely to Effect Cliffs Natural Resources (CLF) Stock Price
www.americanbankingnews.com - April 13 at 12:20 PM
finance.yahoo.com logoIs Cliffs Stock Attractive Compared to Historical Multiples?
finance.yahoo.com - April 13 at 9:22 AM
nasdaq.com logoCliffs Natural Resources Stock Getting Very Oversold
www.nasdaq.com - April 12 at 4:22 PM
investorplace.com logoCliffs Natural Resources Inc (CLF) Stock: Trade This Plunge
investorplace.com - April 12 at 4:22 PM
investorplace.com logoHow to Trade the Cliffs Natural Resources (CLF) Stock Plunge
investorplace.com - April 12 at 11:18 AM
finance.yahoo.com logoHow US Steel Demand Drivers Look for the Rest of 2017
finance.yahoo.com - April 11 at 11:46 AM
finance.yahoo.com logo[$$] Bidding War Over Mesabi Metallics Iron Range Ore Facility
finance.yahoo.com - April 11 at 11:46 AM
finance.yahoo.com logoIs Cliffs’s Turnaround Going to Last?
finance.yahoo.com - April 10 at 4:13 PM

Social

Frequently Asked Questions for Cliffs Natural Resources (NYSE:CLF)

What is Cliffs Natural Resources' stock symbol?

Cliffs Natural Resources trades on the New York Stock Exchange (NYSE) under the ticker symbol "CLF."

How were Cliffs Natural Resources' earnings last quarter?

Cliffs Natural Resources Inc (NYSE:CLF) announced its quarterly earnings results on Thursday, April, 27th. The company reported ($0.11) EPS for the quarter, missing the Zacks' consensus estimate of $0.16 by $0.27. The business had revenue of $461.60 million for the quarter, compared to analysts' expectations of $412.71 million. Cliffs Natural Resources had a net margin of 8.26% and a negative return on equity of 6.02%. The business's quarterly revenue was up 51.1% compared to the same quarter last year. During the same quarter in the previous year, the company posted $0.62 earnings per share.

When will Cliffs Natural Resources make its next earnings announcement?

Cliffs Natural Resources is scheduled to release their next quarterly earnings announcement on Wednesday, April, 26th 2017.

Where is Cliffs Natural Resources' stock going? Where will Cliffs Natural Resources' stock price be in 2017?

8 analysts have issued 1-year price objectives for Cliffs Natural Resources' shares. Their forecasts range from $3.00 to $13.00. On average, they anticipate Cliffs Natural Resources' stock price to reach $8.50 in the next twelve months.

Are investors shorting Cliffs Natural Resources?

Cliffs Natural Resources saw a increase in short interest in the month of April. As of April 13th, there was short interest totalling 42,102,978 shares, an increase of 5.1% from the March 31st total of 40,070,394 shares. Based on an average daily trading volume, of 16,842,265 shares, the short-interest ratio is currently 2.5 days. Currently, 15.1% of the shares of the stock are short sold.

Who owns Cliffs Natural Resources stock?

Cliffs Natural Resources' stock is owned by a variety of of retail and institutional investors. Top institutional shareholders include Old Mutual Global Investors UK Ltd. (2.36%), Horseman Capital Management Ltd (1.36%), Emerald Advisers Inc. PA (0.73%), Emerald Mutual Fund Advisers Trust (0.57%), Russell Investments Group Ltd. (0.19%) and Acadian Asset Management LLC (0.13%). Company insiders that own Cliffs Natural Resources stock include Douglas C Taylor, Eric M Rychel, James S Sawyer, John T Baldwin, Joseph A Rutkowski, Lourenco Goncalves, Michael D Siegal, Robert P Fisher Jr and Susan Miranda Green.

Who sold Cliffs Natural Resources stock? Who is selling Cliffs Natural Resources stock?

Cliffs Natural Resources' stock was sold by a variety of institutional investors in the last quarter, including Bank of Montreal Can, ProShare Advisors LLC, Orca Investment Management LLC and Clarkston Capital Partners LLC.

Who bought Cliffs Natural Resources stock? Who is buying Cliffs Natural Resources stock?

Cliffs Natural Resources' stock was bought by a variety of institutional investors in the last quarter, including Old Mutual Global Investors UK Ltd., Horseman Capital Management Ltd, Emerald Advisers Inc. PA, Emerald Mutual Fund Advisers Trust, Russell Investments Group Ltd., Acadian Asset Management LLC, B & T Capital Management DBA Alpha Capital Management and Nationwide Fund Advisors. Company insiders that have bought Cliffs Natural Resources stock in the last two years include Eric M Rychel, James S Sawyer, John T Baldwin, Joseph A Rutkowski, Lourenco Goncalves, Michael D Siegal, Robert P Fisher Jr and Susan Miranda Green.

How do I buy Cliffs Natural Resources stock?

Shares of Cliffs Natural Resources can be purchased through any online brokerage account. Popular online brokerages include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.

How much does a share of Cliffs Natural Resources stock cost?

One share of Cliffs Natural Resources stock can currently be purchased for approximately $6.72.

Cliffs Natural Resources (CLF) Chart for Saturday, April, 29, 2017

This page was last updated on 4/29/2017 by MarketBeat.com Staff