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: $5.71
  • 50 Day Moving Average: $7.07
  • 200 Day Moving Average: $4.45
  • Trailing P/E Ratio: 28.41
  • Foreward P/E Ratio: 27.19
  • P/E Growth: 1.12
  • Market Cap: $1.05B
  • Outstanding Shares: 183,870,000
  • Beta: 1.94
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: $4.56 (20.22% downside)

Analysts' Ratings History for Cliffs Natural Resources (NYSE:CLF)
Show:
DateFirmActionRatingPrice TargetDetails
8/16/2016Morgan StanleyReiterated RatingSell$2.00View 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
6/10/2016MacquarieUpgradeNeutral -> Outperform$4.00 -> $7.50View Rating Details
5/23/2016Axiom SecuritiesReiterated RatingSellView 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 8/25/2014 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: $1.07 EPS
Next Year EPS Consensus Estimate: $0.21 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%
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 Growth:0.00% (3 Year Average)

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)
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
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
News IconAnalysts Valuations For Two Stocks: Cliffs Natural (NYSE:CLF), Southwestern Energy (NYSE:SWN) - The Voice Registrar (NYSE:CLF)
voiceregistrar.com - August 23 at 4:25 PM
News IconCliffs Natural Resources (CLF) Shares are Down -21.7% (NYSE:CLF)
thelakeandeswave.com - August 19 at 11:36 AM
News IconAnalysts Review on Trending Stock: Cliffs Natural Resources Inc (NYSE:CLF) - Post Registrar (NYSE:CLF)
postregistrar.com - August 18 at 11:30 AM
News IconStocks in Volatile Measures: AstraZeneca (NYSE:AZN), Cliffs Natural Resources (NYSE:CLF), Eleven Biotherapeutics ... - Street Wise Report (press release) (blog) (NYSE:CLF)
streetwisereport.com - August 17 at 9:40 PM
blogs.barrons.com logoU.S. Steel: Trouble Ahead? (NYSE:CLF)
blogs.barrons.com - August 17 at 4:22 PM
4-traders.com logoCliffs Natural Resources : Calls for Full Redemption of Senior Notes due January 2018 (NYSE:CLF)
www.4-traders.com - August 17 at 11:16 AM
seekingalpha.com logoCliffs Natural calls for redemption of senior notes (NYSE:CLF)
seekingalpha.com - August 17 at 11:15 AM
publicnow.com logoCliffs Natural Resources Inc. Calls for Full Redemption of Senior Notes due January 2018 (NYSE:CLF)
www.publicnow.com - August 17 at 11:15 AM
streetinsider.com logoCliffs Natural Resources (CLF), WEC Energy (WEC) Clarify Statement on Proposed Energy Project in Michigan UP (NYSE:CLF)
www.streetinsider.com - August 16 at 4:19 PM
blogs.barrons.com logoThe Crash in Iron Prices is Just Weeks Away, Metals Bear Says (NYSE:CLF)
blogs.barrons.com - August 16 at 4:19 PM
capitalcube.com logoETF’s with exposure to Cliffs Natural Resources, Inc. : August 16, 2016 (NYSE:CLF)
www.capitalcube.com - August 16 at 4:19 PM
thestreet.com logoOne Reason Why Cliffs Natural Resources (CLF) Stock Is Down Today (NYSE:CLF)
www.thestreet.com - August 16 at 4:19 PM
investornewswire.com logoAnalysts See Sales Of $1899.04 For Cliffs Natural Resources Inc. (NYSE:CLF) - Investor Newswire (NYSE:CLF)
www.investornewswire.com - August 16 at 9:25 AM
News Icon2 Stocks Analyst-Opinion Need Close Attention Cliffs Natural Resources Inc (NYSE:CLF), Frontier Communications ... - The Voice Registrar (NYSE:CLF)
voiceregistrar.com - August 16 at 9:25 AM
finance.yahoo.com logoShould Cliffs Natural Resources (CLF) Be On Your Radar Now? (NYSE:CLF)
finance.yahoo.com - August 16 at 9:25 AM
feeds.reuters.com logoBRIEF-WEC Energy and Cliffs Natural Resources issue joint clarification statement regarding proposed energy project (NYSE:CLF)
feeds.reuters.com - August 15 at 10:31 PM
4-traders.com logoCliffs Natural Resources : WEC Energy Group and Cliffs Natural Resources Issue Joint Clarification Statement Regarding Proposed Energy Project (NYSE:CLF)
www.4-traders.com - August 15 at 9:49 PM
publicnow.com logoWEC Energy Group and Cliffs Natural Resources Issue Joint Clarification Statement Regarding Proposed Energy Project (NYSE:CLF)
www.publicnow.com - August 15 at 9:49 PM
streetinsider.com logoCliffs Natural Resources (CLF), WEC Energy Group (WEC) Enter New Energy Agreement (NYSE:CLF)
www.streetinsider.com - August 15 at 4:26 PM
finance.yahoo.com logo1:35 pm Cliffs Natural Resources enters into a new 20-year energy agreement with WEC Energy (WEC (NYSE:CLF)
finance.yahoo.com - August 15 at 4:26 PM
publicnow.com logoCliffs Natural Resources Announces New Energy Agreement with WEC Energy Group for its Tilden Mine in Michigan (NYSE:CLF)
www.publicnow.com - August 15 at 4:26 PM
thestreet.com logoCliffs Natural Resources (CLF) Stock Rises on WEC Energy Mine Agreement (NYSE:CLF)
www.thestreet.com - August 15 at 4:26 PM
News IconWatch List: Cliffs Natural Resources Inc. (NYSE:CLF) - Post Registrar (NYSE:CLF)
postregistrar.com - August 13 at 4:13 PM
stocksdaily.net logoWill Cliffs Natural Resources Inc. (NYSE:CLF) Surprise Analysts This Quarter? - Stocks Daily (NYSE:CLF)
www.stocksdaily.net - August 12 at 11:48 AM
finance.yahoo.com logo3 Reasons Value Stock Investors Will Love Cliffs Natural Resources (CLF) (NYSE:CLF)
finance.yahoo.com - August 11 at 10:03 PM
streetinsider.com logoCliffs Natural Resources (CLF) Prices 44.4M Common Shares at $6.75/Share (NYSE:CLF)
www.streetinsider.com - August 11 at 4:22 PM
seekingalpha.com logoCliffs Natural -2.8% after pricing 44.4M-share offering (NYSE:CLF)
seekingalpha.com - August 11 at 4:22 PM
stocksdaily.net logoWill Cliffs Natural Resources Inc. (NYSE:CLF) Surprise Analysts This Quarter? (NYSE:CLF)
www.stocksdaily.net - August 11 at 4:22 PM
moodys.com logoCliffs Natural Resources Inc. -- Moody's places Cliffs' ratings (Ca CFR) on review for upgrade (NYSE:CLF)
www.moodys.com - August 11 at 4:21 PM
finance.yahoo.com logo3 Reasons Value Stock Investors Will Love Cliffs Natural Resources (CLF) - Yahoo Finance (NYSE:CLF)
finance.yahoo.com - August 11 at 11:33 AM
News IconStocks Plans To Gain Attentions- Cliffs Natural Resources (NYSE:CLF), Marinus Pharmaceuticals (NASDAQ:MRNS ... - Seneca Globe (NYSE:CLF)
www.senecaglobe.com - August 10 at 10:28 PM
finance.yahoo.com logoCliffs Natural Resources Inc. Announces Proposed Offering of Common Shares - Yahoo Finance (NYSE:CLF)
finance.yahoo.com - August 10 at 10:28 PM
thecountrycaller.com logoCliffs Natural Resources Inc (CLF): Additional Investors Are Invited for $300 Million Worth of Shares - TCC (NYSE:CLF)
www.thecountrycaller.com - August 10 at 10:28 PM
publicnow.com logoCliffs Natural Resources Inc. Prices Public Offering of Common Shares (NYSE:CLF)
www.publicnow.com - August 10 at 10:28 PM
thecountrycaller.com logoCliffs Natural Resources Inc (CLF): Additional Investors Are Invited for $300 Million Worth of Shares (NYSE:CLF)
www.thecountrycaller.com - August 10 at 4:19 PM
thestreet.com logoCliffs Natural Resources (CLF) Stock Slides on Common Stock Offering (NYSE:CLF)
www.thestreet.com - August 10 at 4:19 PM
finance.yahoo.com logoCliffs Natural lower on secondary offering (NYSE:CLF)
finance.yahoo.com - August 10 at 4:19 PM
capitalcube.com logoCaleffi SpA :CLF-IT: Earnings Analysis: For the six months ended December 31, 2015 : August 10, 2016 (NYSE:CLF)
www.capitalcube.com - August 10 at 5:31 AM
prnewswire.com logoCliffs Natural Resources Inc. Announces Proposed Offering of Common Shares - PR Newswire (press release) (NYSE:CLF)
www.prnewswire.com - August 9 at 10:40 PM
seekingalpha.com logoCliffs Natural Resources to launch $300M share offering (NYSE:CLF)
seekingalpha.com - August 9 at 5:13 PM
News Iconwhat are analysts saying about: Cliffs Natural Resources Inc. (NYSE:CLF) (NYSE:CLF)
www.newsoracle.com - August 9 at 5:13 PM
publicnow.com logoCliffs Natural Resources Inc. Announces Proposed Offering of Common Shares (NYSE:CLF)
www.publicnow.com - August 9 at 5:13 PM
bloomberg.com logoIron Miner Cliffs Plans $300 Million Share Sale to Pay Debt (NYSE:CLF)
www.bloomberg.com - August 9 at 5:13 PM
News IconTrader's Round Up: Sirius XM Holdings Inc.(NASDAQ:SIRI), Cliffs Natural Resources Inc(NYSE:CLF) - NYSE Journal (press release) (NYSE:CLF)
stockznews.com - August 9 at 11:34 AM
fortune.com logoLooking At Recent Analyst Ratings: Cliffs Natural Resources Inc (NYSE:CLF), Immune Pharmaceuticals Inc (NASDAQ ... - Review Fortune (NYSE:CLF)
reviewfortune.com - August 9 at 11:34 AM
tradecalls.org logoJP Morgan Maintains Cliffs Natural Resources Inc to Overweight with Price Target $10.00 (NYSE:CLF)
www.tradecalls.org - August 8 at 9:41 PM
investornewswire.com logoCliffs Natural Resources Inc. (NYSE:CLF) Records An Estimated Annual Sales Mean Of $1899.04 - Investor Newswire (NYSE:CLF)
www.investornewswire.com - August 8 at 4:22 PM

Social

Cliffs Natural Resources (NYSE:CLF) Chart for Thursday, August, 25, 2016


Last Updated on 8/25/2016 by MarketBeat.com Staff