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

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

Cleveland-Cliffs announced a quarterly dividend on Friday, October 19th. Shareholders of record on Friday, January 4th will be paid a dividend of $0.05 per share on Tuesday, January 15th. This represents a $0.20 annualized dividend and a yield of 2.43%. The ex-dividend date of this dividend is Thursday, January 3rd. View Cleveland-Cliffs' Dividend History.

Cleveland-Cliffs declared that its board has initiated a share repurchase plan on Monday, November 26th 2018, which authorizes the company to repurchase $200,000,000.00 in shares, according to EventVestor. This repurchase authorization authorizes the company to repurchase up to 7.7% of its shares through open market purchases. Shares repurchase plans are often an indication that the company's management believes its stock is undervalued.

Cleveland-Cliffs Inc (NYSE:CLF) announced its quarterly earnings data on Friday, October, 19th. The mining company reported $0.64 earnings per share for the quarter, missing the consensus estimate of $0.66 by $0.02. The mining company had revenue of $742 million for the quarter, compared to the consensus estimate of $736.06 million. Cleveland-Cliffs had a net margin of 36.43% and a negative return on equity of 146.72%. The business's quarterly revenue was up 6.3% on a year-over-year basis. During the same period last year, the firm posted $0.36 earnings per share. View Cleveland-Cliffs' Earnings History.

Cleveland-Cliffs is scheduled to release their next quarterly earnings announcement on Thursday, January 24th 2019. View Earnings Estimates for Cleveland-Cliffs.

12 equities research analysts have issued twelve-month target prices for Cleveland-Cliffs' stock. Their predictions range from $5.00 to $14.00. On average, they anticipate Cleveland-Cliffs' stock price to reach $11.00 in the next year. This suggests a possible upside of 33.7% from the stock's current price. View Analyst Price Targets 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.

Headlines about CLF stock have trended positive on Friday, according to InfoTrie Sentiment. InfoTrie scores the sentiment of media coverage by monitoring more than six thousand blog and news sources. The firm ranks coverage of publicly-traded companies on a scale of negative five to positive five, with scores nearest to five being the most favorable. Cleveland-Cliffs earned a media sentiment score of 2.6 on InfoTrie's scale. They also gave media stories about the mining company a news buzz of 2.0 out of 10, meaning that recent media coverage is very unlikely to have an effect on the company's share price in the immediate future.

Cleveland-Cliffs saw a increase in short interest in the month of November. As of November 30th, there was short interest totalling 53,165,745 shares, an increase of 9.1% from the November 15th total of 48,745,811 shares. Based on an average daily trading volume, of 9,207,050 shares, the short-interest ratio is presently 5.8 days. Approximately 18.2% of the shares of the company are short sold. View Cleveland-Cliffs' Current Options Chain.

Some companies that are related to Cleveland-Cliffs include FORTESCUE METAL/S (FSUGY), First Quantum Minerals (FQVLF), Compania de Minas Buenaventura SAA (BVN), Turquoise Hill Resources (TRQ), Lundin Mining (LUNMF), VEDA RESO/PAR VTG FPD 0.1 (VDNRF), EXXARO RESOURCE/S (EXXAY), IMPALA PLATINUM/S (IMPUY), Nexa Resources (NEXA), Centamin (CELTF), Pretium Resources (PVG), Hudbay Minerals (HBM), North American Palladium (PALDF), Lithium Americas (LAC) and Mountain Province Diamonds (MPVD).

Cleveland-Cliffs' stock is owned by many different of retail and institutional investors. Top institutional investors include Vanguard Group Inc. (10.14%), Vanguard Group Inc (10.14%), Ruffer LLP (5.38%), Fisher Asset Management LLC (2.88%), Dimensional Fund Advisors LP (2.12%) and Hennessy Advisors Inc. (0.96%). Company insiders that own Cleveland-Cliffs stock include Douglas C Taylor, Eric M Rychel, John T Baldwin, Joseph A Rutkowski, Lourenco Goncalves 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 Bridgewater Associates LP, Neuberger Berman Group LLC, Marshall Wace North America L.P., AQR Capital Management LLC, Penn Capital Management Co. Inc., Seven Eight Capital LP, Creative Planning and Dimensional Fund Advisors LP. View Insider Buying and Selling for Cleveland-Cliffs.

CLF stock was bought by a variety of institutional investors in the last quarter, including Fisher Asset Management LLC, Vanguard Group Inc, Vanguard Group Inc., Hennessy Advisors Inc., Ruffer LLP, Pelham Capital Ltd., Foundry Partners LLC and Prudential Financial Inc.. 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 and Lourenco Goncalves. 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 $8.23.

Cleveland-Cliffs has a market capitalization of $2.68 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.

The official website for Cleveland-Cliffs is http://www.clevelandcliffs.com.

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]