Cliffs Natural Resources Company Profile (NYSE:CLF)

About Cliffs Natural Resources

Cliffs Natural Resources logo

Cliffs 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:

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:

Date	Firm	Action	Rating	Price Target
9/28/2016	Morgan Stanley	Reiterated Rating	Sell	$3.00
8/30/2016	Axiom Securities	Reiterated Rating	Sell
8/29/2016	Macquarie	Lower Price Target	Outperform	$11.00 -> $10.00
8/3/2016	Cowen and Company	Boost Price Target	Market Perform	$6.00 -> $9.00
7/29/2016	JPMorgan Chase & Co.	Lower Price Target	Overweight	$10.50 -> $10.00
7/26/2016	FBR & Co	Boost Price Target	Market Perform	$4.00 -> $7.00
7/18/2016	Clarkson Capital	Upgrade	Sell -> Neutral
3/18/2016	Nomura	Reiterated Rating	Reduce	$1.50
3/17/2016	Bank of America Corp.	Reiterated Rating	Underperform
3/10/2016	Credit Suisse Group AG	Initiated Coverage	Underperform	$1.00
2/5/2016	Deutsche Bank AG	Lower Price Target	Sell	$1.50 -> $1.00
8/24/2015	Wolfe Research	Initiated Coverage	Sell
8/3/2015	Royal Bank Of Canada	Lower Price Target	Sector Perform	$6.00 -> $3.50
4/30/2015	Citigroup Inc.	Boost Price Target	Sell	$2.50
4/9/2015	BMO Capital Markets	Downgrade	Market Perform -> Underperform	$8.00 -> $4.00
3/20/2015	Wells Fargo & Co.	Reiterated Rating	Underperform
2/3/2015	Brean Capital	Lower Price Target	Sell	$6.00 -> $5.50
10/7/2014	Goldman Sachs Group Inc.	Lower Price Target	Neutral	$8.00

(Data available from 9/29/2014 forward)

Earnings History for Cliffs Natural Resources (NYSE:CLF)

Date	Quarter	Consensus Estimate	Actual EPS	Revenue Estimate	Actual Revenue	Release Link	Conference Call
10/27/2016
7/28/2016	Q216	$0.00	$0.07	$482.37 million	$496.00 million	View	Listen
4/28/2016	Q116	($0.19)	$0.62	$280.92 million	$306.00 million	View	Listen
1/27/2016	Q415	($0.26)	($0.39)	$508.96 million	$470.60 million	View	Listen
10/29/2015	Q315	($0.23)	($0.10)	$595.78 million	$593.00 million	View	Listen
7/29/2015	Q215	($0.11)	($0.21)	$602.76 million	$498.00 million	View	Listen
4/28/2015	Q115	($0.19)	$0.02	$562.50 million	$446.00 million	View	N/A
2/2/2015	Q414	$0.15	$1.00	$1.23 billion	$1.30 billion	View	N/A
10/27/2014	Q314	($0.05)	$0.21	$1.28 billion	$1.30 billion	View	N/A
7/23/2014	Q214	($0.09)	($0.01)	$1.18 billion	$1.10 billion	View	N/A
4/24/2014	Q114	($0.11)	($0.54)	$982.96 million	$940.00 million	View	N/A
2/19/2014	Q413	$0.82	$1.22	$1.45 billion	$1.52 billion	View	N/A
10/24/2013	Q313	$0.61	$0.68	$1.44 billion	$1.55 billion	View	N/A
7/25/2013	Q2 2013	$0.73	$0.82	$1.43 billion	$1.49 billion	View	N/A
4/24/2013	Q1 2013	$0.35	$0.60	$1.19 billion	$1.14 billion	View	N/A
2/12/2013	Q4 2012	$0.55	$0.62	$1.53 billion	$1.54 billion	View	N/A
10/24/2012		$1.09	$0.61			View	N/A
7/25/2012		$1.81	$1.81			View	N/A
4/25/2012		$1.16	$2.63			View	N/A
2/15/2012		$1.61	$1.30			View	N/A
10/27/2011		$3.62	$4.07			View	N/A
7/27/2011		$3.68	$2.92			View	N/A
4/28/2011		$2.22	$3.11			View	N/A
2/16/2011		$2.17	$2.82			View	N/A

(Data available from 1/1/2011 forward)

Earnings Estimates for Cliffs Natural Resources (NYSE:CLF)

Current Year EPS Consensus Estimate: $1.09 EPS
Next Year EPS Consensus Estimate: $0.46 EPS

Quarter	Number of Estimates	Low Estimate	High Estimate	Average Estimate
Q1 2016	3	($0.36)	($0.22)	($0.29)
Q2 2016	3	($0.04)	$0.08	$0.00
Q3 2016	2	$0.11	$0.16	$0.14
Q4 2016	2	($0.11)	$0.12	$0.01
Q1 2017	1	($0.10)	($0.10)	($0.10)
Q2 2017	1	$0.23	$0.23	$0.23
Q3 2017	1	$0.18	$0.18	$0.18
Q4 2017	1	$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)

Announced	Period	Amount	Yield	Ex-Dividend Date	Record Date	Payable Date
11/4/2014	quarterly	$0.15	5.38%	11/12/2014	11/15/2014	12/1/2014
7/28/2014	quarterly	$0.15	3.41%	8/13/2014	8/15/2014	9/2/2014
5/14/2014	quarterly	$0.15	3.37%	5/21/2014	5/23/2014	6/3/2014
2/11/2014	quarterly	$0.15	2.73%	2/19/2014	2/21/2014	3/3/2014
11/14/2013	quarterly	$0.15	2.22%	11/20/2013	11/22/2013	12/2/2013
11/12/2013		$0.15		11/20/2013	11/22/2013	12/2/2013
7/9/2013	quarterly	$0.15	3.66%	8/13/2013	8/15/2013	9/3/2013
5/7/2013	quarterly	$0.15	2.59%	5/15/2013	5/17/2013	6/3/2013
2/13/2013	quarterly	$0.15	2.05%	2/20/2013	2/22/2013	3/1/2013

(Data available from 1/1/2013 forward)

Insider Trading History for Cliffs Natural Resources (NYSE:CLF)

Insider Ownership Percentage: 4.52%
Institutional Ownership Percentage: 50.66%

Transaction Date	Insider Name	Title	Buy/Sell	Number of Shares	Average Share Price	Total Transaction
5/9/2016	Lourenco Goncalves	CEO	Buy	100,000	$3.04	$304,000.00
5/6/2016	Douglas C Taylor	Director	Sell	7,231,520	$3.81	$27,552,091.20
11/6/2015	Douglas C Taylor	Director	Sell	675,000	$3.15	$2,126,250.00
11/4/2015	James S Sawyer	Director	Buy	25,000	$3.07	$76,750.00
5/26/2015	Michael D Siegal	Director	Buy	9,500	$5.20	$49,400.00
3/4/2015	Lourenco Goncalves	CEO	Buy	100,000	$6.50	$650,000.00
3/2/2015	Michael D Siegal	Director	Buy	7,200	$6.81	$49,032.00
2/5/2015	Joseph A Rutkowski	Director	Buy	8,000	$6.35	$50,800.00
10/29/2014	John T Baldwin	Director	Buy	9,800	$10.18	$99,764.00
9/12/2014	John T Baldwin	Director	Buy	3,000	$14.26	$42,780.00
9/11/2014	Douglas C Taylor	Director	Buy	7,200	$13.95	$100,440.00
9/8/2014	Gabriel Stoliar	Director	Buy	7,246	$13.76	$99,704.96
8/21/2014	Robert P Fisher Jr	Director	Buy	6,000	$16.46	$98,760.00
11/5/2013	Andres Gluski	Director	Buy	1,040	$28.33	$29,463.20
11/1/2013	Joseph A Carrabba	CEO	Sell	50,000	$26.94	$1,347,000.00
10/30/2013	Donald J Gallagher	EVP	Sell	13,640	$25.11	$342,500.40
8/16/2013	David Blake	SVP	Sell	3,000	$23.03	$69,090.00
3/11/2013	Steven M Raguz	EVP	Sell	4,000	$24.01	$96,040.00
3/11/2013	Terrance M Paradie	CFO	Sell	3,700	$24.04	$88,948.00

(Data available from 1/1/2013 forward)

Latest Headlines for Cliffs Natural Resources (NYSE:CLF)

Date	Headline
	Cliffs 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
	1:50 pm Cliffs Natural Resources confirms 3-year labor contract with United Steelworkers (:USW) (NYSE:CLF) finance.yahoo.com - September 29 at 4:08 PM
	How Developments in the US Steel Industry Are Impacting Cliffs (NYSE:CLF) marketrealist.com - September 29 at 4:08 PM
	Cliffs' 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
	Cliffs Natural Resources (CLF) Stock Slides on Ratified Labor Contract (NYSE:CLF) www.thestreet.com - September 29 at 4:08 PM
	What Could Make Moody’s Upgrade Cliffs Natural Resources Further? (NYSE:CLF) marketrealist.com - September 29 at 4:08 PM
	New Analyst Ratings On Cliffs Natural Resources Inc. (NYSE:CLF) (NYSE:CLF) magseriesusa.net - September 29 at 9:11 AM
	[$$] Palank's Take: Go Fish (NYSE:CLF) www.wsj.com - September 26 at 4:29 PM
	Stock Buzz- Cliffs Natural Resources Inc. (NYSE:CLF) - Hot Stocks Point (NYSE:CLF) www.hotstockspoint.com - September 26 at 9:00 AM
	Bullish 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
	Cliffs Natural Resources Inc.'s (CLF): Popular Mover to Observe - Hot Stocks Point (NYSE:CLF) www.hotstockspoint.com - September 15 at 10:52 AM
	Has Cliffs Natural Resources Gotten Oversold? (CLF) - Investopedia (NYSE:CLF) www.investopedia.com - September 15 at 10:52 AM
	Top 5 Stocks with Accelerating Earnings (NYSE:CLF) finance.yahoo.com - September 15 at 10:52 AM
	Has Cliffs Natural Resources Gotten Oversold? (CLF) (NYSE:CLF) www.investopedia.com - September 14 at 4:19 PM
	$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
	Cliffs Natural Resources: Not This Dip (NYSE:CLF) seekingalpha.com - September 13 at 9:04 AM
	Shares Gapping Lower Before the Bell: Cliffs Natural Resources Inc. (NYSE:CLF) - Post News (NYSE:CLF) www.kentuckypostnews.com - September 12 at 4:05 PM
	Cliffs Natural Resources: Not This Dip - Seeking Alpha (NYSE:CLF) seekingalpha.com - September 12 at 4:05 PM
	Iron Ore Rose Due to Increased Chinese Demand (NYSE:CLF) marketrealist.com - September 12 at 4:05 PM
	Trade of the Day: Cliffs Natural Resources Inc (CLF) \| InvestorPlace - Investorplace.com (NYSE:CLF) investorplace.com - September 10 at 8:54 AM
	Stock Seen Gapping Down Before Market Open: Cliffs Natural Resources Inc. (NYSE:CLF) (NYSE:CLF) www.nationaldailypress.com - September 9 at 4:06 PM
	Is Cliffs Natural Resources Out of the Woods? (NYSE:CLF) www.investorguide.com - September 8 at 4:07 PM
	Comprehensive Stock Analysis of: Cliffs Natural Resources Inc. (NYSE:CLF) (NYSE:CLF) myhealthbowl.com - September 8 at 4:07 PM
	The 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
	What Are Analysts Recommending for Cliffs Natural Resources? (NYSE:CLF) marketrealist.com - September 7 at 4:16 PM
	Is There More Upside to CLF’s Earnings Estimates? (NYSE:CLF) marketrealist.com - September 7 at 4:16 PM
	Analysts 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
	Analysts 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
	Why the IMF Believes China’s Credit Growth Is Unsustainable (NYSE:CLF) marketrealist.com - September 2 at 9:03 AM
	A Look at China’s Property Sector Trends (NYSE:CLF) marketrealist.com - September 1 at 11:47 AM
	Gallagher Fiduciary Advisors Lowers stake in Cliffs Natural Resources Inc (CLF) (NYSE:CLF) 10thousandcouples.com - August 31 at 9:02 AM
	Continue Avoiding Cliffs Natural Resources (NYSE:CLF) seekingalpha.com - August 31 at 9:02 AM
	What To Know About Cliffs Natural Resources Inc (NYSE:CLF) New Labor Agreement (NYSE:CLF) marketexclusive.com - August 31 at 9:02 AM
	Iron Ore Price Performance Puts Contrarian Views to Shame (NYSE:CLF) marketrealist.com - August 31 at 9:02 AM
	Shares 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
	Cliffs Natural Resources Inc (NYSE:CLF) Analyst Estimates \| The ... - The Independent Republic (NYSE:CLF) theindependentrepublic.com - August 29 at 3:38 PM
	Shares Climbing Higher in Session: Cliffs Natural Resources Inc. (NYSE:CLF) - Post News (NYSE:CLF) www.kentuckypostnews.com - August 29 at 3:38 PM
	Upbeat 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
	Cliffs 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
	Cliffs reaches deal with union at Minnesota, Michigan mines (NYSE:CLF) myhealthbowl.com - August 28 at 8:55 AM
	Cliffs Natural Resources Enters Into Tentative Agreement With Steel Workers (NYSE:CLF) mrtopstep.com - August 28 at 8:55 AM
	Short Interest Update on Cliffs Natural Resources (CLF) (NYSE:CLF) myhealthbowl.com - August 27 at 4:06 PM
	Cliffs Natural Resources reaches tentative pact with United Steelworkers - Crain's Cleveland Business (NYSE:CLF) www.crainscleveland.com - August 27 at 8:58 AM
	Cliffs 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
	Cliffs Natural, steelworkers union reach new labor agreement (NYSE:CLF) seekingalpha.com - August 26 at 4:08 PM
	Cliffs Natural Resources (CLF) Stock Down on New Labor Contract (NYSE:CLF) www.thestreet.com - August 26 at 4:08 PM
	Traders Recap – Cousins Properties (NYSE:CUZ), Cliffs Natural ... - Money News (press release) (NYSE:CLF) www.newsismoney.com - August 25 at 9:36 PM
	Cliffs Stock Getting Battered Again (NYSE:CLF) 247wallst.com - August 24 at 4:13 PM
	Basic 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
	Cliffs 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