Cliffs Natural Resources Company Profile (NYSE:CLF)

About Cliffs Natural Resources

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 and Canada. The Company manages approximately five iron ore mines located in Michigan and Minnesota. In Michigan, it is operating over two iron ore mines, Empire mine and Tilden mine. In Minnesota, it is operating approximately one iron ore mine, Hibbing mine. The other two iron ore operations in Minnesota, United Taconite mine and Northshore mine. Its Asia Pacific Iron Ore operations are located in Western Australia and consist of its Koolyanobbing operation. The Company operates an iron ore mining complex in Western Australia.

Industry, Sector and Symbol:
  • Sector: Basic Materials
  • Industry: Industrial Metals & Minerals
  • Sub-Industry: Steel
  • Exchange: NYSE
  • Symbol: CLF
  • CUSIP: 18683K10
Key Metrics:
  • Previous Close: $11.49
  • 50 Day Moving Average: $9.10
  • 200 Day Moving Average: $7.49
  • 52-Week Range: $233,074,000.00 - $1.72
  • Trailing P/E Ratio: 13.19
  • Foreward P/E Ratio: 10.35
  • P/E Growth: 1.98
  • Market Cap: $2.68B
  • 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%
Additional Links:
Companies Related to Cliffs Natural Resources:

Analyst Ratings

Consensus Ratings for Cliffs Natural Resources (NYSE:CLF) (?)
Ratings Breakdown: 5 Sell Ratings, 3 Hold Ratings, 2 Buy Ratings
Consensus Rating:Hold (Score: 1.70)
Consensus Price Target: $7.21 (37.21% downside)

Analysts' Ratings History for Cliffs Natural Resources (NYSE:CLF)
Show:
DateFirmActionRatingPrice TargetDetails
2/16/2017FBR & CoReiterated RatingMarket Perform$10.00 -> $11.00View Rating Details
2/10/2017Axiom SecuritiesReiterated RatingSellView Rating Details
1/13/2017Credit Suisse GroupReiterated RatingUnderperform$6.00View Rating Details
11/30/2016J P Morgan Chase & CoBoost Price TargetOverweight$7.00 -> $10.00View Rating Details
9/28/2016Morgan StanleyReiterated RatingSell$3.00View Rating Details
8/29/2016MacquarieLower Price TargetOutperform$11.00 -> $10.00View Rating Details
8/3/2016Cowen and CompanyBoost Price TargetMarket Perform$6.00 -> $9.00View Rating Details
7/18/2016Clarkson CapitalUpgradeSell -> NeutralView Rating Details
3/18/2016NomuraReiterated RatingReduce$1.50View Rating Details
3/17/2016Bank of America CorpReiterated RatingUnderperformView Rating Details
2/5/2016Deutsche Bank AGLower Price TargetSell$1.50 -> $1.00View Rating Details
8/24/2015Wolfe ResearchInitiated CoverageSellView Rating Details
8/3/2015Royal Bank Of CanadaLower Price TargetSector Perform$6.00 -> $3.50View Rating Details
4/30/2015Citigroup Inc.Boost Price TargetSell$2.50View Rating Details
4/9/2015BMO Capital MarketsDowngradeMarket Perform -> Underperform$8.00 -> $4.00View Rating Details
3/20/2015Wells Fargo & CompanyReiterated RatingUnderperformView Rating Details
(Data available from 2/19/2015 forward)

Earnings

Earnings History for Cliffs Natural Resources (NYSE:CLF)
DateQuarterConsensus EstimateActual EPSRevenue EstimateActual RevenueRelease LinkConference CallDetails
4/26/2017        
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$0.00$0.07$482.37 million$496.00 millionViewListenView Earnings Details
4/28/2016Q116($0.19)$0.62$280.92 million$306.00 millionViewListenView Earnings Details
1/27/2016Q415($0.26)($0.39)$508.96 million$470.60 millionViewListenView Earnings Details
10/29/2015Q315($0.23)($0.10)$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($0.09)($0.01)$1.18 billion$1.10 billionViewN/AView Earnings Details
4/24/2014Q114($0.11)($0.54)$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)
Current Year EPS Consensus Estimate: $1.16 EPS
Next Year EPS Consensus Estimate: $1.11 EPS
QuarterNumber of EstimatesLow EstimateHigh EstimateAverage Estimate
Q1 20163($0.36)($0.22)($0.29)
Q2 20163($0.04)$0.08$0.00
Q3 20163$0.09$0.13$0.11
Q4 20163($0.11)$0.30$0.16
Q1 20171$0.22$0.22$0.22
Q2 20171$0.60$0.60$0.60
Q3 20171$0.50$0.50$0.50
Q4 20171$0.29$0.29$0.29
(Data provided by Zacks Investment Research)

Dividends

Current Dividend Information for Cliffs Natural Resources (NYSE:CLF)
Annual Dividend:$0.00
Dividend Yield:0.00%
Dividend Growth:0.00% (3 Year Average)
Payout Ratio:0.00% (Based on Trailing 12 Months of Earnings)
0.00% (Based on Current Year Consensus EPS Estimate)
0.00% (Based on Next Year Consensus EPS Estimate)

Dividend History 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 History for Cliffs Natural Resources (NYSE:CLF)
Insider Ownership Percentage: 4.52%
Institutional Ownership Percentage: 58.73%
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

Latest Headlines for Cliffs Natural Resources (NYSE:CLF)
DateHeadline
News IconDigging Up the Facts on Cliffs Natural Resources Inc. (CLF) - StockNewsJournal (NYSE:CLF)
stocknewsjournal.com - February 18 at 4:10 PM
News IconFrontier Communications Corporation (FTR), Cliffs Natural Resources Inc. (CLF) (NYSE:CLF)
interiordesignfuture.com - February 18 at 10:38 AM
News IconDigging Up the Facts on Cliffs Natural Resources Inc. (CLF) (NYSE:CLF)
hoyentv.com - February 18 at 10:38 AM
News IconCliffs Natural Resources Inc. (NYSE:CLF): Up to Date Analyst Ratings (NYSE:CLF)
prensariotiretail.com - February 17 at 5:51 PM
marketrealist.com logoChemours Beat Analysts’ 4Q16 Revenue Estimates (NYSE:CLF)
marketrealist.com - February 17 at 5:51 PM
us.rd.yahoo.com logoCliffs’ Asia-Pacific: Will Strong Seaborne Iron Ore Prices Lead to Mine-Extension? (NYSE:CLF)
us.rd.yahoo.com - February 16 at 10:48 AM
finance.yahoo.com logoCliffs Natural (CLF) Prices Offering of $500M Senior Notes (NYSE:CLF)
finance.yahoo.com - February 16 at 10:48 AM
marketrealist.com logoHow Will Cliffs Natural Resources’ Costs Progress in 2017? (NYSE:CLF)
marketrealist.com - February 16 at 10:48 AM
marketrealist.com logoCliffs’ Recommendations after 4Q16: Why Analysts Have Turned Bullish (NYSE:CLF)
marketrealist.com - February 16 at 10:48 AM
finance.yahoo.com logoCLIFFS NATURAL RESOURCES INC. Financials (NYSE:CLF)
finance.yahoo.com - February 16 at 10:48 AM
finance.yahoo.com logoWill Cliffs Natural Resources (CLF) Continue to Surge Higher? (NYSE:CLF)
finance.yahoo.com - February 16 at 10:48 AM
4-traders.com logoCliffs Natural Resources : Prices Private Placement of Senior Notes Due 2025 for USD500 Million (NYSE:CLF)
www.4-traders.com - February 15 at 3:10 AM
4-traders.com logoCliffs Natural Resources Inc. (NYSE:CLF) Files An 8-K Other Events (NYSE:CLF)
www.4-traders.com - February 14 at 5:06 PM
marketrealist.com logoKey Highlights from Cliffs Natural Resources’ 4Q16 Results (NYSE:CLF)
marketrealist.com - February 14 at 5:06 PM
marketrealist.com logoCan the Robust US Steel Market Boost Cliffs’ US Volumes? (NYSE:CLF)
marketrealist.com - February 14 at 5:06 PM
marketrealist.com logoCliffs’ US Realized Prices Have Ample Upside in 2017. Here’s Why (NYSE:CLF)
marketrealist.com - February 14 at 5:06 PM
capitalcube.com logoETFs with exposure to Cliffs Natural Resources, Inc. : February 14, 2017 (NYSE:CLF)
www.capitalcube.com - February 14 at 5:06 PM
News IconThe Cliffs Natural Resources Inc. (CLF) Bond Prices Rise 1% (NYSE:CLF)
ekosvoice.com - February 14 at 3:02 AM
biz.yahoo.com logoCLIFFS NATURAL RESOURCES INC. Files SEC form 8-K, Other Events, Financial Statements and Exhibits (NYSE:CLF)
us.rd.yahoo.com - February 14 at 3:02 AM
News IconThe Cliffs Natural Resources Inc (NYSE:CLF)
www.graffiotech.com - February 13 at 4:58 PM
News IconStock Price of Cliffs Natural Resources Inc. (CLF) Increases 26.85% (NYSE:CLF)
eleganthomesinla.com - February 13 at 4:58 PM
News IconCliffs Natural Resources Inc. (CLF) Sees Strong Trading Volume After Strong Earnings (NYSE:CLF)
ibusinesslines.com - February 13 at 4:58 PM
News IconCliffs Natural Resources Inc (NYSE:CLF)
techknowbits.com - February 13 at 4:58 PM
247wallst.com logoIs Cliffs Natural Resources Finally No Longer Drowning In Debt? (NYSE:CLF)
247wallst.com - February 13 at 4:58 PM
us.rd.yahoo.com logoDid U.S. Steel’s 2017 Guidance Impress Wall Street? (NYSE:CLF)
us.rd.yahoo.com - February 13 at 4:58 PM
capitalcube.com logoCliffs Natural Resources, Inc. :CLF-US: Earnings Analysis: Q4, 2016 By the Numbers : February 13, 2017 (NYSE:CLF)
us.rd.yahoo.com - February 13 at 4:58 PM
us.rd.yahoo.com logoInside Cliffs Natural Resources’ Solid 4Q16 Earnings, Big Stock Surge (NYSE:CLF)
us.rd.yahoo.com - February 13 at 4:58 PM
marketrealist.com logoIs Cliffs’ Debt Maturity Wall Falling Apart? (NYSE:CLF)
marketrealist.com - February 13 at 4:58 PM
marketrealist.com logoForget Financial Leverage: Cliffs Can Now Pursue Growth (NYSE:CLF)
marketrealist.com - February 13 at 4:58 PM
seekingalpha.com logoCliffs Natural Resources - Ready To Rumble (NYSE:CLF)
seekingalpha.com - February 12 at 9:22 PM
finance.yahoo.com logoIs it Safe to Buy Cliffs Natural Resources? (NYSE:CLF)
finance.yahoo.com - February 12 at 2:28 AM
seekingalpha.com logoCliffs Natural Resources: Financing Breakdown - Seeking Alpha (NYSE:CLF)
seekingalpha.com - February 11 at 9:26 PM
News IconEPS Estimates Revision Screen: Cliffs Natural Resources Inc. (CLF) (NYSE:CLF)
mlbinjurynews.com - February 11 at 4:25 PM
News IconCliffs Natural Resources Inc (NYSE:CLF) Shares Could Jump More Than 50% (NYSE:CLF)
stockmarketdaily.co - February 10 at 4:38 PM
us.rd.yahoo.com logo3:11 am Cliffs Natural Resources upsizes offering by 5 mln shares and prices 55 mln shares of common stock at $10.75 per share (NYSE:CLF)
us.rd.yahoo.com - February 10 at 4:38 PM
us.rd.yahoo.com logoToday's Research Reports on Trending Tickers: Cliffs Natural Resources and Kellogg (NYSE:CLF)
us.rd.yahoo.com - February 10 at 4:38 PM
moodys.com logoCliffs Natural Resources Inc. -- Moody's Upgrades Cliffs' Ratings (CFR to B2) and Assigns B3 Rating to new Senior Unsecured Notes; Outlook stable (NYSE:CLF)
www.moodys.com - February 10 at 4:38 PM
capitalcube.com logoCliffs Natural Resources, Inc. :CLF-US: Earnings Analysis: 2016 By the Numbers : February 10, 2017 (NYSE:CLF)
www.capitalcube.com - February 10 at 4:38 PM
finance.yahoo.com logoCliffs Natural Resources Inc. Announces Pricing of $500,000,000 Senior Notes due 2025 (NYSE:CLF)
finance.yahoo.com - February 10 at 4:38 PM
fool.com logoCliffs Natural Resources Is Showing a Lot of Progress on Its Return to Profitability (NYSE:CLF)
www.fool.com - February 10 at 10:26 AM
streetinsider.com logoCliffs Natural Resources (CLF) Commences 50M Share Offering of Common Stock (NYSE:CLF)
www.streetinsider.com - February 10 at 2:46 AM
seekingalpha.com logoCliffs Natural Resources (CLF) Q4 2016 Results - Earnings Call Transcript (NYSE:CLF)
seekingalpha.com - February 10 at 2:46 AM
us.rd.yahoo.com logoEdited Transcript of CLF earnings conference call or presentation 9-Feb-17 3:00pm GMT (NYSE:CLF)
us.rd.yahoo.com - February 10 at 2:46 AM
us.rd.yahoo.com logoCliffs Natural Resources Inc. Prices Upsized Public Offering of Common Shares (NYSE:CLF)
us.rd.yahoo.com - February 10 at 2:46 AM
nasdaq.com logoBUZZ-U.S. STOCKS ON THE MOVE-Twitter, Viacom, Cliffs Natural ... - Nasdaq (NYSE:CLF)
www.nasdaq.com - February 9 at 9:44 PM
prnewswire.com logoCliffs Natural Resources Inc. Announces Tender Offers for Certain of its Unsecured Notes - PR Newswire (press release) (NYSE:CLF)
www.prnewswire.com - February 9 at 9:44 PM
smarteranalyst.com logoCliffs Natural Resources Inc (CLF) Announces 4Q:16 Results - Smarter Analyst (NYSE:CLF)
www.smarteranalyst.com - February 9 at 9:44 PM
News IconCan Cliffs Natural Resources Inc (NYSE:CLF) Run Higher on Earnings Estimates? (NYSE:CLF)
giftedviz.com - February 9 at 4:42 PM
News IconEarnings in focus: Cliffs Natural Resources Inc. (CLF)'s track record (NYSE:CLF)
eleganthomesinla.com - February 9 at 4:42 PM
News IconComprehensive Stock Analysis of: Cliffs Natural Resources Inc. (NYSE:CLF) (NYSE:CLF)
techknowbits.com - February 9 at 4:42 PM

Social

What is Cliffs Natural Resources' stock symbol?

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

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

10 brokerages have issued 12-month price targets for Cliffs Natural Resources' shares. Their forecasts range from $1.50 to $11.00. On average, they anticipate Cliffs Natural Resources' stock price to reach $7.21 in the next year.

When will Cliffs Natural Resources announce their earnings?

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

Who owns Cliffs Natural Resources stock?

Cliffs Natural Resources' stock is owned by a variety of of retail and institutional investors. Top institutional investors include Renaissance Technologies LLC (4.14%), State Street Corp (3.47%), Dimensional Fund Advisors LP (1.17%), Gallagher Fiduciary Advisors LLC (0.81%), AQR Capital Management LLC (0.75%) and Bogle Investment Management L P DE (0.57%). 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 Renaissance Technologies LLC, State Street Corp, AQR Capital Management LLC, GSA Capital Partners LLP, Menta Capital LLC, Leuthold Group LLC, Guggenheim Capital LLC and Ellington Management Group LLC.

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

Cliffs Natural Resources' stock was acquired by a variety of institutional investors in the last quarter, including Gallagher Fiduciary Advisors LLC, Bogle Investment Management L P DE, Dimensional Fund Advisors LP, Marshall Wace LLP, Highland Capital Management LP, Pacad Investment Ltd., L & S Advisors Inc and Van ECK Associates Corp. 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 $11.49.

Cliffs Natural Resources (NYSE:CLF) Chart for Sunday, February, 19, 2017


Institutional Ownership Chart

Institutional Ownership by Quarter for Cliffs Natural Resources (NYSE:CLF)

Earnings History Chart

Earnings by Quarter for Cliffs Natural Resources (NYSE:CLF)

Dividend History Chart

Dividend Payments by Quarter for Cliffs Natural Resources (NYSE:CLF)

Last Updated on 2/19/2017 by MarketBeat.com Staff