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. Stockholders 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 dividend on an annualized basis and a dividend yield of 1.78%. 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 stock repurchase program on Monday, November 26th 2018, which allows the company to repurchase $200,000,000.00 in outstanding shares, according to EventVestor. This repurchase authorization allows the company to repurchase up to 7.7% of its stock through open market purchases. Stock repurchase programs are generally an indication that the company's board of directors believes its stock is undervalued.

Cleveland-Cliffs Inc (NYSE:CLF) released its earnings results on Friday, February, 8th. The mining company reported $0.55 earnings per share for the quarter, missing the consensus estimate of $0.57 by $0.02. The mining company had revenue of $696.30 million for the quarter, compared to the consensus estimate of $721.52 million. Cleveland-Cliffs had a negative return on equity of 509.82% and a net margin of 47.17%. The business's revenue was up 36.0% on a year-over-year basis. During the same quarter in the prior year, the business earned $1.07 EPS. View Cleveland-Cliffs' Earnings History.

Cleveland-Cliffs is scheduled to release their next quarterly earnings announcement on Friday, April 19th 2019. View Earnings Estimates for Cleveland-Cliffs.

12 brokers have issued 12 month price targets for Cleveland-Cliffs' stock. Their predictions range from $5.00 to $17.00. On average, they anticipate Cleveland-Cliffs' stock price to reach $11.7955 in the next twelve months. This suggests a possible upside of 4.8% 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.

Press coverage about CLF stock has trended somewhat negative recently, InfoTrie Sentiment reports. InfoTrie scores the sentiment of news coverage by analyzing more than six thousand blog and news sources in real-time. The firm ranks coverage of companies on a scale of negative five to five, with scores nearest to five being the most favorable. Cleveland-Cliffs earned a coverage optimism score of -1.7 on InfoTrie's scale. They also assigned media stories about the mining company a news buzz of 10.0 out of 10, indicating that recent news coverage is extremely likely to have an effect on the stock's share price in the immediate future.

Cleveland-Cliffs saw a increase in short interest in January. As of January 31st, there was short interest totalling 55,431,491 shares, an increase of 14.2% from the January 15th total of 48,543,636 shares. Based on an average daily trading volume, of 11,555,469 shares, the days-to-cover ratio is presently 4.8 days. Currently, 19.0% of the company's stock are sold short. View Cleveland-Cliffs' Current Options Chain.

Some companies that are related to Cleveland-Cliffs include First Quantum Minerals (FQVLF), Compania de Minas Buenaventura SAA (BVN), Turquoise Hill Resources (TRQ), Lundin Mining (LUNMF), EXXARO RESOURCE/S (EXXAY), IMPALA PLATINUM/S (IMPUY), Centamin (CELTF), Hudbay Minerals (HBM), Pretium Resources (PVG), Royal Standard Minerals Inc USA (RYSMF), Nexa Resources (NEXA), North American Palladium (PALDF), Lithium Americas (LAC), Mountain Province Diamonds (MPVD) and Fission Uranium (FCUUF).

Cleveland-Cliffs' stock is owned by many different of institutional and retail investors. Top institutional shareholders include Ruffer LLP (6.61%), Fisher Asset Management LLC (3.66%), Dimensional Fund Advisors LP (2.19%), Northern Trust Corp (1.80%), Geode Capital Management LLC (1.08%) and Hodges Capital Management Inc. (1.01%). Company insiders that own Cleveland-Cliffs stock include Douglas C Taylor, Eric M Rychel, John T Baldwin, Joseph A Rutkowski, Keith Koci, 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 Hennessy Advisors Inc., Creative Planning, Madison Investment Holdings Inc., Prudential Financial Inc., Chicago Equity Partners LLC, South Dakota Investment Council, California Public Employees Retirement System and Northpointe Capital LLC. View Insider Buying and Selling for Cleveland-Cliffs.

CLF stock was bought by a variety of institutional investors in the last quarter, including Ruffer LLP, Fisher Asset Management LLC, Chartwell Investment Partners LLC, Pelham Capital Ltd., Segall Bryant & Hamill LLC, Northern Trust Corp, Hodges Capital Management Inc. and Geode Capital 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, Keith Koci 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 $11.26.

Cleveland-Cliffs has a market capitalization of $3.29 billion and generates $2.33 billion in revenue each year. The mining company earns $1.13 billion in net income (profit) each year or $2.13 on an earnings per share basis. Cleveland-Cliffs employs 2,926 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]