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) EPS for the quarter, topping the Thomson Reuters' consensus estimate of ($0.21) by $0.13. The mining company earned $239 million during the quarter, compared to analyst estimates 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 quarterly revenue was down 48.2% compared to the same quarter last year. During the same period last year, the business posted $0.16 earnings per share. View Cleveland-Cliffs' Earnings History.

Cleveland-Cliffs is scheduled to release their next quarterly earnings announcement on Thursday, July, 26th 2018. View Earnings Estimates for Cleveland-Cliffs.

14 brokerages have issued 1-year price objectives for Cleveland-Cliffs' stock. Their predictions range from $7.50 to $12.00. On average, they anticipate Cleveland-Cliffs' share price to reach $9.80 in the next twelve months. View Analyst Ratings for Cleveland-Cliffs.

Cleveland-Cliffs saw a decrease in short interest during the month of May. As of May 15th, there was short interest totalling 36,654,782 shares, a decrease of 11.1% from the April 30th total of 41,234,877 shares. Based on an average trading volume of 9,097,731 shares, the short-interest ratio is presently 4.0 days. Approximately 13.1% of the company's stock are sold short.

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

Headlines about CLF stock have trended somewhat positive this week, according to Accern Sentiment Analysis. The research group identifies negative and positive media coverage by monitoring more than twenty million news and blog sources in real-time. Accern ranks coverage of companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. Cleveland-Cliffs earned a media sentiment score of 0.24 on Accern's scale. They also gave news headlines about the mining company an impact score of 46.50 out of 100, meaning that recent media coverage is somewhat unlikely to have an impact on the stock's share price in the near future.

Cleveland-Cliffs' stock is owned by a number of of institutional and retail investors. Top institutional investors include Millennium Management LLC (2.80%), Dimensional Fund Advisors LP (2.18%), Northern Trust Corp (1.18%), Neuberger Berman Group LLC (1.17%), Key Square Capital Management LLC (0.74%) and Schwab Charles Investment Management Inc. (0.62%). 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 Gendell Jeffrey L, Chicago Equity Partners LLC, American Century Companies Inc., California Public Employees Retirement System, Neuberger Berman Group LLC, Prudential Financial Inc., Legal & General Group Plc and Cetera Advisors LLC. View Insider Buying and Selling for Cleveland-Cliffs.

CLF stock was purchased by a variety of institutional investors in the last quarter, including Millennium Management LLC, Key Square Capital Management LLC, Hodges Capital Management Inc., Royal Bank of Canada, Great Lakes Advisors LLC, Commerzbank Aktiengesellschaft FI, Schwab Charles Investment Management Inc. and Freestone Capital Holdings 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 $8.49.

Cleveland-Cliffs has a market capitalization of $2.59 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]