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: $5.85
  • 50 Day Moving Average: $6.00
  • 200 Day Moving Average: $5.08
  • 52-Week Range: $1.20 - $8.45
  • Trailing P/E Ratio: 29.10
  • Foreward P/E Ratio: 12.74
  • P/E Growth: 1.16
  • Market Cap: $1.08B
  • Outstanding Shares: 183,870,000
  • Beta: 2.04
Profitability:
  • Net Margins: 3.80%
  • Return on Assets: -0.92%
Debt:
  • Debt-to-Equity Ratio: -1.48%
  • Current Ratio: 2.07%
  • Quick Ratio: 1.03%
Additional Links:
Companies Related to Cliffs Natural Resources:

Analyst Ratings

Consensus Ratings for Cliffs Natural Resources (NYSE:CLF) (?)
Ratings Breakdown: 6 Sell Ratings, 3 Hold Ratings, 2 Buy Ratings
Consensus Rating:Hold (Score: 1.64)
Consensus Price Target: $4.94 (15.62% downside)

Analysts' Ratings History for Cliffs Natural Resources (NYSE:CLF)
Show:
DateFirmActionRatingPrice TargetDetails
9/28/2016Morgan StanleyReiterated RatingSell$3.00View Rating Details
8/30/2016Axiom SecuritiesReiterated RatingSellView 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
7/29/2016JPMorgan Chase & Co.Lower Price TargetOverweight$10.50 -> $10.00View Rating Details
7/26/2016FBR & CoBoost Price TargetMarket Perform$4.00 -> $7.00View Rating Details
7/18/2016Clarkson CapitalUpgradeSell -> NeutralView Rating Details
3/18/2016NomuraReiterated RatingReduce$1.50View Rating Details
3/17/2016Bank of America Corp.Reiterated RatingUnderperformView Rating Details
3/10/2016Credit Suisse Group AGInitiated CoverageUnderperform$1.00View 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 & Co.Reiterated RatingUnderperformView Rating Details
2/3/2015Brean CapitalLower Price TargetSell$6.00 -> $5.50View Rating Details
10/7/2014Goldman Sachs Group Inc.Lower Price TargetNeutral$8.00View Rating Details
(Data available from 9/29/2014 forward)

Earnings

Earnings History for Cliffs Natural Resources (NYSE:CLF)
DateQuarterConsensus EstimateActual EPSRevenue EstimateActual RevenueRelease LinkConference CallDetails
10/27/2016        
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: $1.09 EPS
Next Year EPS Consensus Estimate: $0.46 EPS
QuarterNumber of EstimatesLow EstimateHigh EstimateAverage Estimate
Q1 20163($0.36)($0.22)($0.29)
Q2 20163($0.04)$0.08$0.00
Q3 20162$0.11$0.16$0.14
Q4 20162($0.11)$0.12$0.01
Q1 20171($0.10)($0.10)($0.10)
Q2 20171$0.23$0.23$0.23
Q3 20171$0.18$0.18$0.18
Q4 20171$0.09$0.09$0.09
(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: 50.66%
Transaction DateInsider NameTitleBuy/SellNumber of SharesAverage Share PriceTotal TransactionDetails
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
4-traders.com logoCliffs Natural Resources : ' New Labor Contract with the United Steelworkers Ratified for its Michigan and Minnesota Operations (NYSE:CLF)
www.4-traders.com - September 29 at 4:08 PM
finance.yahoo.com logo1:50 pm Cliffs Natural Resources confirms 3-year labor contract with United Steelworkers (:USW) (NYSE:CLF)
finance.yahoo.com - September 29 at 4:08 PM
marketrealist.com logoHow Developments in the US Steel Industry Are Impacting Cliffs (NYSE:CLF)
marketrealist.com - September 29 at 4:08 PM
publicnow.com logoCliffs' New Labor Contract with the United Steelworkers Ratified for its Michigan and Minnesota Operations (NYSE:CLF)
www.publicnow.com - September 29 at 4:08 PM
thestreet.com logoCliffs Natural Resources (CLF) Stock Slides on Ratified Labor Contract (NYSE:CLF)
www.thestreet.com - September 29 at 4:08 PM
marketrealist.com logoWhat Could Make Moody’s Upgrade Cliffs Natural Resources Further? (NYSE:CLF)
marketrealist.com - September 29 at 4:08 PM
News IconNew Analyst Ratings On Cliffs Natural Resources Inc. (NYSE:CLF) (NYSE:CLF)
magseriesusa.net - September 29 at 9:11 AM
wsj.com logo[$$] Palank's Take: Go Fish (NYSE:CLF)
www.wsj.com - September 26 at 4:29 PM
News IconStock Buzz- Cliffs Natural Resources Inc. (NYSE:CLF) - Hot Stocks Point (NYSE:CLF)
www.hotstockspoint.com - September 26 at 9:00 AM
News IconBullish Movers Gaining Investors Attention: Cliffs Natural Resources Inc. (NYSE:CLF), MagneGas Corporation ... - Street Wise Report (press release) (blog) (NYSE:CLF)
streetwisereport.com - September 24 at 8:29 AM
News IconCliffs Natural Resources Inc.'s (CLF): Popular Mover to Observe - Hot Stocks Point (NYSE:CLF)
www.hotstockspoint.com - September 15 at 10:52 AM
investopedia.com logoHas Cliffs Natural Resources Gotten Oversold? (CLF) - Investopedia (NYSE:CLF)
www.investopedia.com - September 15 at 10:52 AM
finance.yahoo.com logoTop 5 Stocks with Accelerating Earnings (NYSE:CLF)
finance.yahoo.com - September 15 at 10:52 AM
investopedia.com logoHas Cliffs Natural Resources Gotten Oversold? (CLF) (NYSE:CLF)
www.investopedia.com - September 14 at 4:19 PM
News Icon$NWBO & $CLF - Northwest Biotherapeutics, Inc (NASDAQ:NWBO) & Cliffs Natural Resources Inc (NYSE:CLF) News ... - Money News (NYSE:CLF)
www.newsismoney.com - September 14 at 8:30 AM
seekingalpha.com logoCliffs Natural Resources: Not This Dip (NYSE:CLF)
seekingalpha.com - September 13 at 9:04 AM
News IconShares Gapping Lower Before the Bell: Cliffs Natural Resources Inc. (NYSE:CLF) - Post News (NYSE:CLF)
www.kentuckypostnews.com - September 12 at 4:05 PM
seekingalpha.com logoCliffs Natural Resources: Not This Dip - Seeking Alpha (NYSE:CLF)
seekingalpha.com - September 12 at 4:05 PM
marketrealist.com logoIron Ore Rose Due to Increased Chinese Demand (NYSE:CLF)
marketrealist.com - September 12 at 4:05 PM
investorplace.com logoTrade of the Day: Cliffs Natural Resources Inc (CLF) | InvestorPlace - Investorplace.com (NYSE:CLF)
investorplace.com - September 10 at 8:54 AM
News IconStock Seen Gapping Down Before Market Open: Cliffs Natural Resources Inc. (NYSE:CLF) (NYSE:CLF)
www.nationaldailypress.com - September 9 at 4:06 PM
News IconIs Cliffs Natural Resources Out of the Woods? (NYSE:CLF)
www.investorguide.com - September 8 at 4:07 PM
News IconComprehensive Stock Analysis of: Cliffs Natural Resources Inc. (NYSE:CLF) (NYSE:CLF)
myhealthbowl.com - September 8 at 4:07 PM
fool.com logoThe U.S. Steel Industry Gets Another Favorable Ruling in August, but Steel Stocks Decline (NYSE:CLF)
www.fool.com - September 8 at 2:45 PM
marketrealist.com logoWhat Are Analysts Recommending for Cliffs Natural Resources? (NYSE:CLF)
marketrealist.com - September 7 at 4:16 PM
marketrealist.com logoIs There More Upside to CLF’s Earnings Estimates? (NYSE:CLF)
marketrealist.com - September 7 at 4:16 PM
News IconAnalysts Valuations For Two Stocks: Cliffs Natural Resources Inc (NYSE:CLF), Oasis Petroleum Inc. (NYSE:OAS) - The Voice Registrar (NYSE:CLF)
voiceregistrar.com - September 5 at 8:55 AM
News IconAnalysts Valuations For Two Stocks: SunPower Corporation (NASDAQ:SPWR), Cliffs Natural Resources Inc (NYSE:CLF) - The Voice Registrar (NYSE:CLF)
voiceregistrar.com - September 2 at 4:03 PM
marketrealist.com logoWhy the IMF Believes China’s Credit Growth Is Unsustainable (NYSE:CLF)
marketrealist.com - September 2 at 9:03 AM
marketrealist.com logoA Look at China’s Property Sector Trends (NYSE:CLF)
marketrealist.com - September 1 at 11:47 AM
News IconGallagher Fiduciary Advisors Lowers stake in Cliffs Natural Resources Inc (CLF) (NYSE:CLF)
10thousandcouples.com - August 31 at 9:02 AM
seekingalpha.com logoContinue Avoiding Cliffs Natural Resources (NYSE:CLF)
seekingalpha.com - August 31 at 9:02 AM
marketexclusive.com logoWhat To Know About Cliffs Natural Resources Inc (NYSE:CLF) New Labor Agreement (NYSE:CLF)
marketexclusive.com - August 31 at 9:02 AM
marketrealist.com logoIron Ore Price Performance Puts Contrarian Views to Shame (NYSE:CLF)
marketrealist.com - August 31 at 9:02 AM
News IconShares of Walgreens Boots Alliance Inc (NASDAQ:WBA) & Cliffs Natural Resources (NYSE:CLF) Stocks News Update ... - Money News (NYSE:CLF)
www.newsismoney.com - August 30 at 12:10 PM
News IconCliffs Natural Resources Inc (NYSE:CLF) Analyst Estimates | The ... - The Independent Republic (NYSE:CLF)
theindependentrepublic.com - August 29 at 3:38 PM
News IconShares Climbing Higher in Session: Cliffs Natural Resources Inc. (NYSE:CLF) - Post News (NYSE:CLF)
www.kentuckypostnews.com - August 29 at 3:38 PM
News IconUpbeat Stocks in Focus- BlackBerry Limited (NASDAQ:BBRY), Cliffs Natural Resources Inc. (NYSE:CLF), Alere Inc ... - Seneca Globe (NYSE:CLF)
www.senecaglobe.com - August 29 at 8:59 AM
streetinsider.com logoCliffs Natural Resources (CLF), Steelworkers Enter Three-Year Labor Contract for Michigan and Minnesota Mining Operations (NYSE:CLF)
www.streetinsider.com - August 28 at 8:55 AM
News IconCliffs reaches deal with union at Minnesota, Michigan mines (NYSE:CLF)
myhealthbowl.com - August 28 at 8:55 AM
News IconCliffs Natural Resources Enters Into Tentative Agreement With Steel Workers (NYSE:CLF)
mrtopstep.com - August 28 at 8:55 AM
News IconShort Interest Update on Cliffs Natural Resources (CLF) (NYSE:CLF)
myhealthbowl.com - August 27 at 4:06 PM
News IconCliffs Natural Resources reaches tentative pact with United Steelworkers - Crain's Cleveland Business (NYSE:CLF)
www.crainscleveland.com - August 27 at 8:58 AM
prnewswire.com logoCliffs Reaches Tentative Agreement with United Steelworkers on New Labor Contract for Michigan and Minnesota Mining Operations (NYSE:CLF)
www.prnewswire.com - August 26 at 4:08 PM
seekingalpha.com logoCliffs Natural, steelworkers union reach new labor agreement (NYSE:CLF)
seekingalpha.com - August 26 at 4:08 PM
thestreet.com logoCliffs Natural Resources (CLF) Stock Down on New Labor Contract (NYSE:CLF)
www.thestreet.com - August 26 at 4:08 PM
News IconTraders Recap – Cousins Properties (NYSE:CUZ), Cliffs Natural ... - Money News (press release) (NYSE:CLF)
www.newsismoney.com - August 25 at 9:36 PM
247wallst.com logoCliffs Stock Getting Battered Again (NYSE:CLF)
247wallst.com - August 24 at 4:13 PM
News IconBasic Material Stocks to Lookout: Cliffs Natural Resources Inc (NYSE:CLF), AK Steel Holding Corporation (NYSE:AKS) - Post Registrar (NYSE:CLF)
postregistrar.com - August 24 at 10:31 AM
investornewswire.com logoCliffs Natural Resources Inc. (NYSE:CLF) Reports Sales Of $496.2, Surprising Estimates By 13.624% - Investor Newswire (NYSE:CLF)
www.investornewswire.com - August 23 at 4:25 PM

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Cliffs Natural Resources (NYSE:CLF) Chart for Thursday, September, 29, 2016


Last Updated on 9/29/2016 by MarketBeat.com Staff