NYSE:CLF - Cleveland-Cliffs Stock Price, Price Target & More

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

Cleveland-Cliffs Inc (NYSE:CLF) issued its quarterly earnings data on Friday, April, 20th. The mining company reported ($0.08) earnings per share (EPS) for the quarter, topping the Zacks' consensus estimate of ($0.21) by $0.13. The mining company earned $239 million during the quarter, compared to analysts' expectations of $177.93 million. Cleveland-Cliffs had a net margin of 15.12% and a negative return on equity of 40.15%. Cleveland-Cliffs's revenue for the quarter was down 48.2% on a year-over-year basis. During the same period in the prior year, the company posted $0.16 earnings per share. View Cleveland-Cliffs' Earnings History.

Cleveland-Cliffs is scheduled to release their next quarterly earnings announcement on Friday, July, 20th 2018. View Earnings Estimates for Cleveland-Cliffs.

15 analysts have issued 12 month target prices for Cleveland-Cliffs' shares. Their predictions range from $8.00 to $12.00. On average, they expect Cleveland-Cliffs' share price to reach $9.85 in the next twelve months. This suggests a possible upside of 12.3% from the stock's current price. View Analyst Ratings for Cleveland-Cliffs.

15 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Cleveland-Cliffs in the last year. There are currently 2 sell ratings, 5 hold ratings and 8 buy ratings for the stock, resulting in a consensus recommendation of "Hold."

Cleveland-Cliffs saw a increase in short interest in the month of June. As of June 15th, there was short interest totalling 40,639,521 shares, an increase of 8.6% from the May 31st total of 37,417,501 shares. Based on an average trading volume of 8,123,842 shares, the days-to-cover ratio is currently 5.0 days. Currently, 14.5% of the company's stock are short sold. View Cleveland-Cliffs' Current Options Chain.

Some companies that are related to Cleveland-Cliffs include First Quantum Minerals (FQVLF), Turquoise Hill Resources (TRQ), Lundin Mining (LUNMF), Compania de Minas Buenaventura SAA (BVN), Vedanta Resources (VDNRF), Centamin (CELTF), Nexa Resources (NEXA), Pretium Resources (PVG), Hudbay Minerals (HBM), Mountain Province Diamonds (MPVD), Lithium Americas (LAC), North American Palladium (PALDF), Fission Uranium (FCUUF), Amerigo Resources (ARREF) and Jaguar Mining (JAGGF).

Press coverage about CLF stock has been trending somewhat positive on Thursday, according to Accern Sentiment. The research firm rates the sentiment of press coverage by monitoring 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 daily sentiment score of 0.13 on Accern's scale. They also assigned media headlines about the mining company an impact score of 46.17 out of 100, indicating that recent press coverage is somewhat unlikely to have an effect on the company's share price in the next several days.

Cleveland-Cliffs' stock is owned by many different of institutional and retail investors. Top institutional shareholders include Empirical Finance LLC (0.05%) and Alpha Windward LLC (0.02%). 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.

CLF stock was sold by a variety of institutional investors in the last quarter, including Empirical Finance LLC. View Insider Buying and Selling for Cleveland-Cliffs.

CLF stock was bought by a variety of institutional investors in the last quarter, including Alpha Windward LLC. 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.

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.

One share of CLF stock can currently be purchased for approximately $8.77.

Cleveland-Cliffs has a market capitalization of $2.52 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.

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]