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 declared 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 1.94%. The ex-dividend date of this dividend is Thursday, January 3rd. View Cleveland-Cliffs' Dividend History.

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

13 equities research analysts have issued 12 month price objectives for Cleveland-Cliffs' shares. Their forecasts range from $5.00 to $15.00. On average, they anticipate Cleveland-Cliffs' stock price to reach $11.30 in the next year. This suggests a possible upside of 9.6% from the stock's current price. View Analyst Price Targets for Cleveland-Cliffs.

13 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Cleveland-Cliffs in the last year. There are currently 1 sell rating, 5 hold ratings and 7 buy ratings for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for Cleveland-Cliffs.

Media coverage about CLF stock has trended somewhat positive recently, InfoTrie Sentiment Analysis reports. The research group identifies positive and negative press coverage by reviewing more than six thousand news and blog sources. The firm ranks coverage of publicly-traded companies on a scale of negative five to five, with scores closest to five being the most favorable. Cleveland-Cliffs earned a media sentiment score of 0.9 on InfoTrie's scale. They also assigned news stories about the mining company a news buzz of 10.0 out of 10, indicating that recent press coverage is extremely likely to have an impact on the stock's share price in the next few days.

Cleveland-Cliffs saw a increase in short interest in the month of October. As of October 31st, there was short interest totalling 49,879,120 shares, an increase of 11.2% from the October 15th total of 44,843,158 shares. Based on an average daily trading volume, of 12,751,363 shares, the days-to-cover ratio is currently 3.9 days. Approximately 17.1% of the company's shares 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), Turquoise Hill Resources (TRQ), Compania de Minas Buenaventura SAA (BVN), Lundin Mining (LUNMF), VEDA RESO/PAR VTG FPD 0.1 (VDNRF), Nexa Resources (NEXA), Pretium Resources (PVG), Centamin (CELTF), Hudbay Minerals (HBM), North American Palladium (PALDF), Lithium Americas (LAC), Mountain Province Diamonds (MPVD), Fission Uranium (FCUUF) and Amerigo Resources (ARREF).

Cleveland-Cliffs' stock is owned by a number of of institutional and retail investors. Top institutional shareholders include Ruffer LLP (5.38%), Fisher Asset Management LLC (2.88%), Dimensional Fund Advisors LP (2.12%), Hennessy Advisors Inc. (0.96%), Hodges Capital Management Inc. (0.82%) and Bank of New York Mellon Corp (0.68%). 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 Seven Eight Capital LP, Creative Planning, Dimensional Fund Advisors LP, James Investment Research Inc., Alliancebernstein L.P., Virginia Retirement Systems ET AL, First Dallas Securities Inc. and B & T Capital Management DBA Alpha Capital Management. View Insider Buying and Selling for Cleveland-Cliffs.

CLF stock was purchased by a variety of institutional investors in the last quarter, including Fisher Asset Management LLC, Hennessy Advisors Inc., Ruffer LLP, Pelham Capital Ltd., Foundry Partners LLC, Prudential Financial Inc., Northpointe Capital LLC and ClariVest Asset Management 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 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 $10.31.

Cleveland-Cliffs has a market capitalization of $2.93 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]