NYSE:CLF - Cleveland-Cliffs Stock Price, News, & Analysis

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$9.86 +0.07 (+0.72 %)
(As of 08/19/2018 09:41 AM ET)
Previous Close$9.86
Today's Range$9.60 - $9.93
52-Week Range$5.60 - $11.44
Volume6.51 million shs
Average Volume12.25 million shs
Market Capitalization$3.07 billion
P/E Ratio19.72
Dividend YieldN/A
Beta1.65
Cleveland-Cliffs logoCleveland-Cliffs Inc. operates as an iron ore mining company in the United States. The company operates four iron ore mines in Michigan and Minnesota; and Koolyanobbing iron ore mining complex located in Western Australia. It sells its products to integrated steel companies and steel producers in the United States and the Asia Pacific. The company was formerly known as Cliffs Natural Resources Inc. and changed its name to Cleveland-Cliffs Inc. in August 2017. Cleveland-Cliffs Inc. was founded in 1847 and is headquartered in Cleveland, Ohio.

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Industry, Sector and Symbol

Stock Exchange NYSE
Industry Metal mining
Sub-IndustrySteel
SectorBasic Materials
SymbolNYSE:CLF
CUSIP18683K10
Phone216-694-5700

Debt

Debt-to-Equity Ratio-7.50
Current Ratio3.26
Quick Ratio2.72

Price-To-Earnings

Trailing P/E Ratio19.72
Forward P/E Ratio4.79
P/E GrowthN/A

Sales & Book Value

Annual Sales$2.33 billion
Price / Sales1.26
Cash Flow$0.7596 per share
Price / Cash12.98
Book Value($1.50) per share
Price / Book-6.57

Profitability

EPS (Most Recent Fiscal Year)$0.50
Net Income$367 million
Net Margins20.07%
Return on Equity-76.39%
Return on Assets14.64%

Miscellaneous

Employees2,938
Outstanding Shares297,950,000
Market Cap$3.07 billion

Cleveland-Cliffs (NYSE:CLF) Frequently Asked Questions

What is Cleveland-Cliffs' stock symbol?

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

How were Cleveland-Cliffs' earnings last quarter?

Cleveland-Cliffs Inc (NYSE:CLF) posted its quarterly earnings data on Friday, July, 20th. The mining company reported $0.76 EPS for the quarter, beating the Zacks' consensus estimate of $0.56 by $0.20. The mining company earned $714 million during the quarter, compared to the consensus estimate of $653.75 million. Cleveland-Cliffs had a net margin of 20.07% and a negative return on equity of 76.39%. The company's quarterly revenue was up 51.6% compared to the same quarter last year. During the same quarter in the prior year, the company posted $0.26 EPS. View Cleveland-Cliffs' Earnings History.

When is Cleveland-Cliffs' next earnings date?

Cleveland-Cliffs is scheduled to release their next quarterly earnings announcement on Friday, October, 19th 2018. View Earnings Estimates for Cleveland-Cliffs.

What price target have analysts set for CLF?

12 analysts have issued 1 year price targets for Cleveland-Cliffs' stock. Their forecasts range from $8.00 to $13.00. On average, they anticipate Cleveland-Cliffs' share price to reach $10.55 in the next twelve months. This suggests a possible upside of 7.0% from the stock's current price. View Analyst Price Targets for Cleveland-Cliffs.

What is the consensus analysts' recommendation for Cleveland-Cliffs?

12 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Cleveland-Cliffs in the last year. There are currently 1 sell rating, 4 hold ratings and 7 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for Cleveland-Cliffs.

Who are some of Cleveland-Cliffs' key competitors?

Who are Cleveland-Cliffs' key executives?

Cleveland-Cliffs' management team includes the folowing people:
  • Mr. C. Lourenco Goncalves, Chairman, Pres & CEO (Age 60)
  • Mr. Timothy K. Flanagan, Exec. VP & CFO (Age 40)
  • Mr. Clifford T. Smith, Exec. VP of Bus. Devel. (Age 58)
  • Mr. Terry G. Fedor, Exec. VP of United States Iron Ore (Age 53)
  • Mr. R. Christopher Cebula, VP, Corp. Controller & Chief Accounting Officer (Age 47)

Has Cleveland-Cliffs been receiving favorable news coverage?

Press coverage about CLF stock has been trending somewhat positive recently, Accern Sentiment Analysis reports. Accern ranks the sentiment of news coverage by analyzing more than 20 million blog and news sources in real-time. Accern ranks coverage of publicly-traded companies on a scale of negative one to positive one, with scores closest to one being the most favorable. Cleveland-Cliffs earned a news impact score of 0.12 on Accern's scale. They also assigned news headlines about the mining company an impact score of 46.50 out of 100, indicating that recent news coverage is somewhat unlikely to have an effect on the stock's share price in the next several days. View Recent Headlines for Cleveland-Cliffs.

Who are Cleveland-Cliffs' major shareholders?

Cleveland-Cliffs' stock is owned by a number of of retail and institutional investors. Top institutional investors include Ruffer LLP (4.65%), Dimensional Fund Advisors LP (2.15%), Schwab Charles Investment Management Inc. (1.13%), Hodges Capital Management Inc. (0.83%), Bridgewater Associates LP (0.68%) and Bank of New York Mellon Corp (0.66%). Company insiders that own Cleveland-Cliffs stock include Douglas C Taylor, Eric M Rychel, John T Baldwin, Joseph A Rutkowski, Lourenco Goncalves, Robert P Fisher Jr and Susan Miranda Green. View Institutional Ownership Trends for Cleveland-Cliffs.

Which institutional investors are selling Cleveland-Cliffs stock?

CLF stock was sold by a variety of institutional investors in the last quarter, including Bridgewater Associates LP, California Public Employees Retirement System, Key Square Capital Management LLC, American Century Companies Inc., Commerzbank Aktiengesellschaft FI, Emerald Advisers Inc. PA, Dimensional Fund Advisors LP and SG Americas Securities LLC. View Insider Buying and Selling for Cleveland-Cliffs.

Which institutional investors are buying Cleveland-Cliffs stock?

CLF stock was bought by a variety of institutional investors in the last quarter, including Ruffer LLP, Schwab Charles Investment Management Inc., Madison Investment Holdings Inc., Penn Capital Management Co. Inc., Hodges Capital Management Inc., MUFG Securities EMEA plc, Covalis Capital LLP and Creative Planning. Company insiders that have bought Cleveland-Cliffs stock in the last two years include Douglas C Taylor, Eric M Rychel, John T Baldwin, Joseph A Rutkowski, Lourenco Goncalves, Robert P Fisher Jr and Susan Miranda Green. View Insider Buying and Selling for Cleveland-Cliffs.

How do I buy shares of Cleveland-Cliffs?

Shares of CLF can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.

What is Cleveland-Cliffs' stock price today?

One share of CLF stock can currently be purchased for approximately $9.86.

How big of a company is Cleveland-Cliffs?

Cleveland-Cliffs has a market capitalization of $3.07 billion and generates $2.33 billion in revenue each year. The mining company earns $367 million in net income (profit) each year or $0.50 on an earnings per share basis. Cleveland-Cliffs employs 2,938 workers across the globe.

How can I contact Cleveland-Cliffs?

Cleveland-Cliffs' mailing address is 200 PUBLIC SQUARE SUITE 3300, CLEVELAND OH, 44114. The mining company can be reached via phone at 216-694-5700 or via email at [email protected]


MarketBeat Community Rating for Cleveland-Cliffs (NYSE CLF)

Community Ranking:  1.8 out of 5 (star)
Outperform Votes:  515 (Vote Outperform)
Underperform Votes:  935 (Vote Underperform)
Total Votes:  1,450
MarketBeat's community ratings are surveys of what our community members think about Cleveland-Cliffs and other stocks. Vote "Outperform" if you believe CLF will outperform the S&P 500 over the long term. Vote "Underperform" if you believe CLF will underperform the S&P 500 over the long term. You may vote once every thirty days.
This page was last updated on 8/19/2018 by MarketBeat.com Staff

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