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: $6.01
  • 50 Day Moving Average: $5.78
  • 200 Day Moving Average: $5.38
  • 52-Week Range: $183,870,000.00 - $1.20
  • Trailing P/E Ratio: 29.90
  • Foreward P/E Ratio: 15.41
  • P/E Growth: 1.04
  • Market Cap: $1.11B
  • Outstanding Shares: 183,870,000
  • Beta: 1.75
  • Net Margins: 3.80%
  • Return on Assets: -0.92%
  • 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 (17.73% downside)

Analysts' Ratings History for Cliffs Natural Resources (NYSE:CLF)
DateFirmActionRatingPrice TargetDetails
10/13/2016FBR & CoSet Price TargetHold$8.00 -> $6.00View Rating Details
10/8/2016Credit Suisse Group AGSet Price TargetSell$2.00View Rating Details
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
7/18/2016Clarkson CapitalUpgradeSell -> NeutralView Rating Details
3/18/2016NomuraReiterated RatingReduce$1.50View Rating Details
3/17/2016Bank of America Corp.Reiterated 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 & Co.Reiterated RatingUnderperformView Rating Details
2/3/2015Brean CapitalLower Price TargetSell$6.00 -> $5.50View Rating Details
(Data available from 10/24/2014 forward)


Earnings History for Cliffs Natural Resources (NYSE:CLF)
DateQuarterConsensus EstimateActual EPSRevenue EstimateActual RevenueRelease LinkConference CallDetails
10/27/2016Q316$0.21$597.30 millionN/AView 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)


Earnings Estimates for Cliffs Natural Resources (NYSE:CLF)
Current Year EPS Consensus Estimate: $1.06 EPS
Next Year EPS Consensus Estimate: $0.39 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$0.13$0.12
Q4 20162($0.11)$0.16$0.03
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)


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
(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: 50.67%
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)


Latest Headlines for Cliffs Natural Resources (NYSE:CLF)
DateHeadline logoAnalysts EPS Target At $0.2 For Cliffs Natural Resources Inc. (NYSE:CLF) (NYSE:CLF) - October 22 at 4:06 PM
News IconTwo Materials Stocks Are Just So Hot Right Now: AK Steel Holding ... - The Independent Republic (NYSE:CLF) - October 21 at 4:15 PM logoStocks in Review Cliffs Natural Resources Inc (NYSE:CLF), Mentor Graphics Corp (NASDAQ:MENT) - Wall Street 24 (NYSE:CLF) - October 20 at 3:45 PM logoWhat Are the Earnings Drivers for Cliffs Natural Resources? (NYSE:CLF) - October 20 at 3:45 PM logoHow Seaborne Iron Ore Prices Have Affected Cliffs’s Asian Segment (NYSE:CLF) - October 20 at 9:05 AM
News IconStock Scrambling Higher Mid-session: Cliffs Natural Resources Inc. (NYSE:CLF) - CSZ News (NYSE:CLF) - October 19 at 4:05 PM logoStocks Trend Analysis: Cliffs Natural Resources Inc. (CLF) Valero Energy Corporation (VLO) Host Hotels & Resorts ... - iStreetWire (NYSE:CLF) - October 19 at 4:05 PM logoStock News Cliffs Natural Resources Inc (NYSE:CLF), Harmony Gold Mining Co. (ADR) (NYSE:HMY) - Wall Street 24 (NYSE:CLF) - October 19 at 4:05 PM logoHere Is Why You Should Buy Cliffs Natural Resources Inc. (NYSE:CLF) - TCC (NYSE:CLF) - October 19 at 4:05 PM logoCliffs’s 3Q16 Results to Reflect a Host of Positive Developments (NYSE:CLF) - October 19 at 4:05 PM logoCould Cliffs’s US Volumes Spring a Surprise with 3Q16 Results? (NYSE:CLF) - October 19 at 4:05 PM logoVale’s Estimates Are Driven by These Two Factors (NYSE:CLF) - October 19 at 9:11 AM logoHere Is Why You Should Buy Cliffs Natural Resources Inc (CLF) (NYSE:CLF) - October 18 at 4:11 PM logoWhat's Behind Cliffs Natural's 27% 3-Month Drop? (CLF) (NYSE:CLF) - October 17 at 4:09 PM
News IconCliffs Natural Resources Inc. (NYSE:CLF) Quarterly Analytical Analysis (NYSE:CLF) - October 16 at 4:10 PM logoNews Recap Alibaba Group Holding Ltd (NYSE:BABA), Cliffs Natural Resources Inc (NYSE:CLF) - Wall Street 24 (NYSE:CLF) - October 16 at 8:57 AM
News IconCliffs Natural Resources Inc 9.1% Potential Upside Now Implied by FBR & Co (NYSE:CLF) - October 15 at 9:03 AM
News IconStock to Watch: Cliffs Natural Resources Inc (NYSE:CLF) - Post Registrar (NYSE:CLF) - October 14 at 4:06 PM
News IconActive Basic Materials News: ConocoPhillips (COP), Cliffs Natural ... - The Independent Republic (NYSE:CLF) - October 14 at 10:31 AM
News IconNotable Stocks In The News: Microsoft Corporation (NASDAQ:MSFT), Cliffs Natural Resources Inc (NYSE:CLF) - NYSE Journal (press release) (NYSE:CLF) - October 13 at 4:09 PM
News IconVolatile Movements - Cliffs Natural Resources, (NYSE:CLF), Xilinx, (NASDAQ:XLNX) - Financial Breaking News (NYSE:CLF) - October 12 at 4:33 PM
News IconIntraday Movers: Cliffs Natural Resources Inc (NYSE:CLF), Melco ... - NYSE Journal (press release) (NYSE:CLF) - October 12 at 8:52 AM
News IconTrending Stocks: Cliffs Natural Resources Inc (NYSE:CLF), TD Ameritrade Holding Corp. (NASDAQ:AMTD), American ... - NYSE Journal (press release) (NYSE:CLF) - October 12 at 8:52 AM logoCliffs Natural Resources Gets "Underperform" Rating (CLF) - Investopedia (NYSE:CLF) - October 12 at 8:52 AM
News IconNext Weeks Broker Price Targets For Cliffs Natural Resources Inc. (NYSE:CLF) (NYSE:CLF) - October 10 at 4:05 PM logoCliffs Natural Resources Gets "Underperform" Rating (CLF) (NYSE:CLF) - October 10 at 4:05 PM
News IconBroker Roundup For Cliffs Natural Resources Inc. (NYSE:CLF) - The ... - The De Soto Edge (NYSE:CLF) - October 9 at 4:01 PM logoCliffs Natural Resources: The Rally Is Still Alive (NYSE:CLF) - October 8 at 8:58 AM logoAnalyst Downgrades: CIT Group Inc., Cliffs Natural Resources Inc, and Wal-Mart Stores, Inc. (NYSE:CLF) - October 7 at 4:10 PM logoWhy Cliffs Natural (CLF) Stock Might be a Great Pick (NYSE:CLF) - October 7 at 4:10 PM
News IconStock under Consideration- Cliffs Natural Resources Inc.'s (CLF) - Hot Stocks Point (NYSE:CLF) - October 7 at 9:08 AM logoCliffs Natural Resources Inc. (NYSE:CLF) EPS Projection At $0.21? - Stocks Daily (NYSE:CLF) - October 7 at 9:08 AM
News IconGrowth Analysis of Cliffs Natural Resources Inc. (NYSE:CLF) - Newburgh Press (NYSE:CLF) - October 7 at 9:08 AM logoTop Analyst Upgrades and Downgrades: AMD, Cliffs, Gap, KLA-Tencor, Regions Financial, Tyson Foods, Wal-Mart and More (NYSE:CLF) - October 7 at 9:08 AM logoStocks in the Spotlight Altria Group Inc (NYSE:MO), Cliffs Natural ... - Wall Street 24 (NYSE:CLF) - October 6 at 9:50 AM
News IconHot Performer of the day: Cliffs Natural Resources Inc. (NYSE:CLF) - FactsReporter (NYSE:CLF) - October 5 at 9:28 AM
News IconStock to Keep Your Eyes on: Cliffs Natural Resources Inc. (NYSE:CLF), Infinera Corporation (NASDAQ:INFN) - Newburgh Press (NYSE:CLF) - October 4 at 9:09 AM logoStocks Alert: Cliffs Natural Resources Inc. (CLF), Yahoo! Inc. (YHOO), AK Steel Holding Corporation (AKS) - iStreetWire (NYSE:CLF) - October 3 at 4:09 PM
News IconAnalyst's Review under Consideration: Cliffs Natural Resources Inc (NYSE:CLF) - Post Registrar (NYSE:CLF) - October 3 at 4:09 PM logoWhy Cliffs Natural Stock Is Up 270% This Year? (CLF) (NYSE:CLF) - October 3 at 9:02 AM logoCliffs Natural Resources Inc. to Announce Third-Quarter 2016 Financial Results on October 27 (NYSE:CLF) - October 3 at 9:02 AM logoWhy Cliffs Natural Resources Is Set For More Gains (NYSE:CLF) - October 1 at 4:01 PM logoJim Cramer Shares His Thoughts On Kinder Morgan And Cliffs Natural Resources - Benzinga (NYSE:CLF) - October 1 at 9:44 AM
News IconUnited Steelworkers ratify labor deal for Cliffs Natural Resources operations in Michigan, Minnesota - Crain's Cleveland Business (NYSE:CLF) - September 30 at 4:40 PM
News Icon2 Stocks Attracting Analyst Attention: Cliffs Natural Resources Inc (NYSE:CLF), Raptor Pharmaceutical Corp. (NASDAQ ... - The Voice Registrar (NYSE:CLF) - September 30 at 4:40 PM logoCliffs Natural Falls on Ratified Labor Contract (CLF) (NYSE:CLF) - September 30 at 4:40 PM logoSteelworkers union ratifies labor deal with Cliffs Natural (NYSE:CLF) - September 30 at 9:17 AM
News IconLatest Analyst Ratings For Cliffs Natural Resources Inc. (NYSE:CLF) (NYSE:CLF) - September 30 at 9:17 AM
News IconThis Weeks Broker Review On Cliffs Natural Resources Inc. (NYSE:CLF) (NYSE:CLF) - September 30 at 9:17 AM logoCliffs Natural Resources : ' New Labor Contract with the United Steelworkers Ratified for its Michigan and Minnesota Operations (NYSE:CLF) - September 29 at 4:08 PM


Cliffs Natural Resources (NYSE:CLF) Chart for Monday, October, 24, 2016

Last Updated on 10/24/2016 by Staff