Cliffs Natural Resources Company Profile (NYSE:CLF)

About Cliffs Natural Resources (NYSE:CLF)

Cliffs Natural Resources logoCleveland-Cliffs Inc, formerly 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, Canada and Mexico. Its Asia Pacific Iron Ore operations are located in Western Australia and consist of its Koolyanobbing operation. The Koolyanobbing operations serve the Asian iron ore markets with direct-shipped fines and lump ore. In addition, the Company operates an iron ore mining complex in Western Australia. In the United States, the Company owned four operational iron ore mines and one indefinitely idled mine.

Industry, Sector and Symbol: Capitalization:
  • Market Cap: $2.03 billion
  • Outstanding Shares: 296,506,000
Average Prices:
  • 50 Day Moving Avg: $7.65
  • 200 Day Moving Avg: $7.30
  • 52 Week Range: $4.91 - $12.37
  • Trailing P/E Ratio: 31.47
  • Foreward P/E Ratio: 7.38
  • P/E Growth: -0.21
Sales & Book Value:
  • Annual Revenue: $2.34 billion
  • Price / Sales: 0.87
  • Book Value: ($2.66) per share
  • Price / Book: -2.58
  • EBIDTA: $480.5 million
  • Net Margins: 2.44%
  • Return on Equity: -13.83%
  • Return on Assets: 7.41%
  • Debt-to-Equity Ratio: -2.42%
  • Current Ratio: 2.20%
  • Quick Ratio: 1.30%
  • Average Volume: 11.16 million shs.
  • Beta: 1.7
  • Short Ratio: 3.1

Frequently Asked Questions for Cliffs Natural Resources (NYSE:CLF)

What is Cliffs Natural Resources' stock symbol?

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

How were Cliffs Natural Resources' earnings last quarter?

Cliffs Natural Resources Inc. (NYSE:CLF) released its quarterly earnings data on Thursday, July, 27th. The company reported $0.26 earnings per share (EPS) for the quarter, topping the Zacks' consensus estimate of $0.18 by $0.08. The business had revenue of $569.30 million for the quarter, compared to the consensus estimate of $485.93 million. Cliffs Natural Resources had a negative return on equity of 13.83% and a net margin of 2.44%. The company's revenue was up 14.7% compared to the same quarter last year. During the same quarter in the previous year, the company posted $0.07 EPS. View Cliffs Natural Resources' Earnings History.

When will Cliffs Natural Resources make its next earnings announcement?

Cliffs Natural Resources is scheduled to release their next quarterly earnings announcement on Friday, October, 20th 2017. View Earnings Estimates for Cliffs Natural Resources.

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

9 brokerages have issued 1-year price objectives for Cliffs Natural Resources' shares. Their forecasts range from $3.00 to $13.00. On average, they anticipate Cliffs Natural Resources' stock price to reach $8.00 in the next twelve months. View Analyst Ratings for Cliffs Natural Resources.

What are analysts saying about Cliffs Natural Resources stock?

Here are some recent quotes from research analysts about Cliffs Natural Resources stock:

  • 1. FBR & Co analysts commented, "In June, Cleveland-Cliffs announced that it had selected Toledo, Ohio, as the site for its first hot briquetted iron (HBI) facility. We revisit the project economics with updated input prices and provide a sensitivity analysis considering volatile commodity markets. We are also switching our iron ore feedstock cost assumption to market prices (from Cliffs’ production costs previously). At market, we still derive an attractive pretax IRR of 24%, down slightly from ~25% previously on a comparable basis. The modest change is due to a rise in USIO prices, the largest determining factor in HBI’s cost structure. Slightly compensating for the increase in domestic iron ore prices was a gain in scrap metal prices, a signal of an improved HBI market. The scenario analysis bodes well for Cliffs, which we believe backs the company’s claim of a highly attractive growth project." (9/6/2017)
  • 2. According to Zacks Investment Research, "Earnings estimate for Cliffs for the current quarter has been going down of late. The company has also underperformed the industry it belongs to over the past one year. Moreover, Cliffs is faced with a challenging operating environment and pricing headwinds. The company has also cut its profit outlook for 2017 due to lower expected iron ore pricing. Demand for iron ore in China also remain soft." (7/27/2017)

Who are some of Cliffs Natural Resources' key competitors?

Who are Cliffs Natural Resources' key executives?

Cliffs Natural Resources' management team includes the folowing people:

  • Lourenco Celso Goncalves, Chairman of the Board, President, Chief Executive Officer
  • Timothy K. Flanagan, Chief Financial Officer, Executive Vice President, Treasurer
  • P. Kelly Tompkins, Chief Operating Officer, Executive Vice President
  • Maurice D. Harapiak, Executive Vice President of Human Resources
  • James D. Graham, Executive Vice President, Secretary, Chief Legal Officer
  • Terry G. Fedor, Executive Vice President - United States Iron Ore
  • Terrence R. Mee, Executive Vice President - Global Commercial
  • Clifford T. Smith, Executive Vice President - Business Development
  • R. Christopher Cebula, Chief Accounting Officer, Vice President, Corporate Controller
  • Douglas C. Taylor, Lead Independent Director

Who owns Cliffs Natural Resources stock?

Cliffs Natural Resources' stock is owned by many different of retail and institutional investors. Top institutional investors include Vanguard Group Inc. (10.78%), BlackRock Inc. (6.36%), State Street Corp (3.62%), Dimensional Fund Advisors LP (2.12%), Northern Trust Corp (1.68%) and Neuberger Berman Group LLC (1.24%). 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, Robert P Fisher Jr and Susan Miranda Green. View Institutional Ownership Trends for Cliffs Natural Resources.

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 Horseman Capital Management Ltd, Bridgewater Associates LP, Schwab Charles Investment Management Inc., Mik Capital LLC, TIAA CREF Investment Management LLC, Bank of New York Mellon Corp, CIBC World Markets Inc. and Russell Investments Group Ltd.. View Insider Buying and Selling for Cliffs Natural Resources.

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

Cliffs Natural Resources' stock was purchased by a variety of institutional investors in the last quarter, including Vanguard Group Inc., Balyasny Asset Management LLC, Dimensional Fund Advisors LP, Northern Trust Corp, State Street Corp, Chicago Equity Partners LLC, JHL Capital Group LLC and Taylor Asset Management Inc.. Company insiders that have bought Cliffs Natural Resources stock in the last two years include Douglas C Taylor, Eric M Rychel, James S Sawyer, John T Baldwin, Joseph A Rutkowski, Lourenco Goncalves, Robert P Fisher Jr and Susan Miranda Green. View Insider Buying and Selling for Cliffs Natural Resources.

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.

What is Cliffs Natural Resources' stock price today?

One share of Cliffs Natural Resources stock can currently be purchased for approximately $6.86.

MarketBeat Community Rating for Cliffs Natural Resources (NYSE CLF)
Community Ranking:  1.6 out of 5 (star)
Outperform Votes:  328 (Vote Outperform)
Underperform Votes:  702 (Vote Underperform)
Total Votes:  1,030
MarketBeat's community ratings are surveys of what our community members think about Cliffs Natural Resources and other stocks. Vote "Outperform" if you believe the stock will outperform the S&P 500 over the long term. Vote "Underperform" if you believe the stock will underperform the S&P 500 over the long term. You may vote once every thirty days.

Analyst Ratings

Consensus Ratings for Cliffs Natural Resources (NYSE:CLF) (How are Consensus Ratings Calculated?)
Ratings Breakdown: 3 Sell Ratings, 3 Hold Ratings, 3 Buy Ratings
Consensus Rating:Hold (Score: 2.00)
Consensus Price Target: $8.00 (16.62% upside)

Analysts' Ratings History for Cliffs Natural Resources (NYSE:CLF)
DateFirmActionRatingPrice TargetImpact on Share PriceDetails
9/19/2017KeyCorpReiterated RatingHoldLowView Rating Details
9/18/2017Jefferies Group LLCReiterated RatingBuyLowView Rating Details
9/6/2017FBR & CoReiterated RatingBuy$10.00LowView Rating Details
8/3/2017Cowen and CompanyReiterated RatingNeutral -> HoldMediumView Rating Details
7/27/2017Clarkson CapitalReiterated RatingNeutralMediumView Rating Details
7/31/2017Axiom SecuritiesReiterated RatingSellHighView Rating Details
3/27/2017J P Morgan Chase & CoBoost Price TargetOverweight$12.00 -> $13.00HighView Rating Details
1/13/2017Credit Suisse GroupReiterated RatingUnderperform$6.00N/AView Rating Details
9/28/2016Morgan StanleyReiterated RatingSell$3.00N/AView Rating Details
8/29/2016MacquarieLower Price TargetOutperform$11.00 -> $10.00N/AView Rating Details
3/18/2016NomuraReiterated RatingReduce$1.50N/AView Rating Details
3/17/2016Bank of America CorporationReiterated RatingUnderperformN/AView Rating Details
2/5/2016Deutsche Bank AGLower Price TargetSell$1.50 -> $1.00N/AView Rating Details
(Data available from 9/24/2015 forward)


Earnings History for Cliffs Natural Resources (NYSE:CLF)
Earnings by Quarter for Cliffs Natural Resources (NYSE:CLF)
Earnings History by Quarter for Cliffs Natural Resources (NYSE CLF)
DateQuarterConsensus EstimateActual EPSRevenue EstimateActual RevenueRelease LinkConference CallDetails
10/20/2017$0.36N/AView Earnings Details
7/27/2017Q2 2017$0.18$0.26$485.93 million$569.30 millionViewN/AView Earnings Details
4/27/2017Q1 2017$0.16($0.11)$412.71 million$461.60 millionViewN/AView Earnings Details
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$0.02$0.07$482.37 million$496.00 millionViewListenView Earnings Details
4/28/2016Q116($0.29)$0.62$280.92 million$306.00 millionViewListenView Earnings Details
1/27/2016Q415($0.26)($0.14)$508.96 million$470.60 millionViewListenView Earnings Details
10/29/2015Q315($0.23)($0.15)$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($0.08)($0.01)$1.18 billion$1.10 billionViewN/AView Earnings Details
4/24/2014Q114($0.21)($0.68)$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)
2017 EPS Consensus Estimate: $1.08
QuarterNumber of EstimatesLow EstimateHigh EstimateAverage Estimate
Q1 20172$0.06$0.13$0.10
Q2 20172$0.17$0.22$0.20
Q3 20172$0.36$0.38$0.37
Q4 20171$0.42$0.42$0.42
Q1 20181$0.07$0.07$0.07
Q2 20181$0.28$0.28$0.28
(Data provided by Zacks Investment Research)


Current Dividend Information for Cliffs Natural Resources (NYSE:CLF)
Most Recent Dividend:12/1/2014
Dividend Yield:0.00%
Dividend Growth:0.00% (3 Year Average)
Payout Ratio:0.00% (Trailing 12 Months of Earnings)
0.00% (Based on This Year's Estimates)
0.00% (Based on Next Year's Estimates)
Dividend Payments by Quarter for Cliffs Natural Resources (NYSE:CLF)

Dividend History by Quarter for Cliffs Natural Resources (NYSE CLF)
AnnouncedPeriodAmountYieldEx-Dividend DateRecord DatePayable Date
(Data available from 1/1/2013 forward)

Insider Trades

Insider Trading and Institutional Ownership History for Cliffs Natural Resources (NYSE:CLF)
Insider Ownership Percentage: 0.46%
Institutional Ownership Percentage: 58.28%
Insider Trades by Quarter for Cliffs Natural Resources (NYSE:CLF)
Institutional Ownership by Quarter for Cliffs Natural Resources (NYSE:CLF)
Insider Trades by Quarter for Cliffs Natural Resources (NYSE:CLF)
Transaction DateInsider NameTitleBuy/SellNumber of SharesAverage Share PriceTotal TransactionDetails
9/15/2017Lourenco GoncalvesChairmanBuy100,000$7.11$711,000.00View SEC Filing  
8/10/2017Lourenco GoncalvesChairmanBuy100,000$7.19$719,000.00View SEC Filing  
5/3/2017John T BaldwinDirectorBuy6,000$6.32$37,920.00View SEC Filing  
5/3/2017Lourenco GoncalvesChairmanBuy200,000$6.31$1,262,000.00View SEC Filing  
5/2/2017Douglas C TaylorDirectorBuy3,750$6.61$24,787.50View SEC Filing  
5/1/2017Eric M RychelDirectorBuy3,000$6.55$19,650.00View SEC Filing  
4/28/2017Joseph A RutkowskiDirectorBuy2,500$6.77$16,925.00View SEC Filing  
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)


Headline Trends for Cliffs Natural Resources (NYSE:CLF)
Latest Headlines for Cliffs Natural Resources (NYSE:CLF)
DateHeadline logo$661.53 Million in Sales Expected for Cliffs Natural Resources Inc. (CLF) This Quarter - September 24 at 3:44 AM logoCleveland-Cliffs Inc. to Announce Third-Quarter 2017 Results on October 20 - September 22 at 9:59 AM logoWhy the US Is the Largest Steel Importer - September 22 at 9:58 AM logoCliffs Natural Resources Target of Unusually Large Options Trading (CLF) - September 21 at 3:26 AM logoContrasting Mechel PAO (MTL) & Cliffs Natural Resources (CLF) - September 19 at 10:30 PM logoReviewing Cliffs Natural Resources (CLF) & Its Rivals - September 19 at 8:10 PM logoUnderstanding Changes in Analyst Estimates for CLF - September 19 at 5:19 PM logoSteel Companies: What Their 3Q17 Guidance and Estimates Tell Us - September 19 at 5:19 PM logoKeyCorp Reaffirms Hold Rating for Cliffs Natural Resources Inc. (CLF) - September 19 at 1:52 PM logoTop 10 Steel Consumers: Where Does the United States Stand? - September 18 at 8:29 PM logoAnalyzing Cliffs Natural Resources (CLF) and Synalloy Corporation (SYNL) - September 18 at 6:23 PM logoIs the Options Market Predicting a Spike in Cleveland-Cliffs (CLF) Stock? - September 18 at 3:27 PM logoJefferies Group LLC Reiterates Buy Rating for Cliffs Natural Resources Inc. (CLF) - September 18 at 2:38 PM logoCliffs Natural Resources Inc. (CLF) Chairman Lourenco Goncalves Purchases 100,000 Shares - September 18 at 7:23 AM logoCliffs Natural Resources Inc. (CLF) Receives Consensus Rating of "Hold" from Brokerages - September 17 at 2:50 AM logoWall Street Views: Can ArcelorMittal Continue Its Good Run? - September 15 at 5:37 PM logoHow Analysts View Cleveland-Cliffs ahead of 4Q17 - September 15 at 5:37 PM logoCleveland-Cliffs Testing The Bottom - Seeking Alpha - September 14 at 10:59 PM logoStock Score Reports for Bristol-Myers Squibb, Cliffs Natural Resources, Hertz Global Holdings, Nordstrom and Oclaro Inc. - September 14 at 5:59 PM logoCleveland-Cliffs, Inc. breached its 50 day moving average in a Bearish Manner : CLF-US : September 14, 2017 - September 14 at 5:58 PM logoWhat China’s Steel Production Outlook Has to Do with CLF and Iron Ore Prices - September 11 at 5:54 PM logoToday's Research Reports on Trending Tickers: Cleveland-Cliffs and Freeport-McMoRan - September 11 at 5:54 PM logoInside China’s Steel Demand Indicators and Outlook for Iron Ore - September 11 at 5:54 PM logo[$$] Three Steel Stocks With Support - September 11 at 5:54 PM logoStock Traders Purchase High Volume of Call Options on Cliffs Natural Resources (CLF) - September 9 at 2:20 AM logoHow US Steel Demand Bodes for Cleveland-Cliffs - September 8 at 5:39 PM logo[$$] Mesabi Metallics Sues Cleveland-Cliffs for Allegedly Interfering With Bankruptcy Exit - September 8 at 5:39 PM logoCritical Comparison: Cliffs Natural Resources (CLF) versus Commercial Metals (CMC) - September 8 at 12:30 PM logoCan Higher US Steel Production Provide Some Respite to CLF Investors? - September 7 at 5:23 PM logoStock Traders Purchase High Volume of Cliffs Natural Resources Put Options (CLF) - September 7 at 1:14 AM logoThese Variables Could Drive Cleveland-Cliffs Higher - September 6 at 10:23 PM logoU.S. Steel Keeps Both Bulls and Bears Interested - September 6 at 10:23 PM logoCliffs Natural Resources' (CLF) Buy Rating Reiterated at FBR & Co - September 6 at 9:17 AM logo$656.14 Million in Sales Expected for Cliffs Natural Resources Inc. (CLF) This Quarter - September 5 at 3:48 AM logo$0.35 EPS Expected for Cliffs Natural Resources Inc. (CLF) This Quarter - September 3 at 6:38 PM logoValuEngine Lowers Cliffs Natural Resources Inc. (CLF) to Buy - September 3 at 6:32 PM logoWhat Strength in Chinese Steel Prices Could Mean for US Steel - August 31 at 5:09 PM logoHow Do US Steel Prices Look in 3Q17? - August 30 at 4:18 PM logoWhy Cleveland-Cliffs (CLF) Could Be Positioned for a Surge - August 29 at 5:40 PM logoFinancial Contrast: L.B. Foster (FSTR) & Cliffs Natural Resources (CLF) - August 29 at 8:40 AM logoHas US Steel Demand Started to Moderate? - August 28 at 10:10 PM logoCliffs - Industrial Metals Are Ripping - Seeking Alpha - August 28 at 5:09 PM logoInvestors Purchase Large Volume of Call Options on Cliffs Natural Resources (CLF) - August 26 at 1:48 AM logoHow These Metals and Minerals Stocks are Performing? -- Vale, Cliffs Natural ... - August 25 at 7:04 PM logoCliffs Natural Resources Sees Unusually High Options Volume (CLF) - August 24 at 1:46 AM logoCliffs Natural Resources Inc. (CLF) Upgraded at ValuEngine - August 24 at 12:14 AM logoCliffs Natural Resources Inc. (CLF) Receives Consensus Recommendation of "Hold" from Analysts - August 23 at 3:32 AM logoBHP Billiton (BHP) Sanctions $2.5B for SGO Copper Plan - Nasdaq - August 21 at 10:07 PM logoToday's Research Reports on Stocks to Watch: Cleveland-Cliffs Inc. and Groupon Inc. - August 21 at 5:06 PM logoThe Challenges US Steel Could Face in the Coming Months - August 21 at 5:06 PM



Cliffs Natural Resources (CLF) Chart for Sunday, September, 24, 2017

This page was last updated on 9/24/2017 by Staff