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 earnings results on Friday, July, 20th. The mining company reported $0.76 EPS for the quarter, beating analysts' consensus estimates of $0.56 by $0.20. The mining company had revenue of $714 million for the quarter, compared to the consensus estimate of $653.75 million. Cleveland-Cliffs had a negative return on equity of 40.15% and a net margin of 15.12%. The business's quarterly revenue was up 51.6% compared to the same quarter last year. During the same quarter in the previous year, the company posted $0.26 earnings per share. View Cleveland-Cliffs' Earnings History.

Cleveland-Cliffs is scheduled to release their next quarterly earnings announcement on Friday, October, 19th 2018. View Earnings Estimates for Cleveland-Cliffs.

15 brokers have issued twelve-month target prices for Cleveland-Cliffs' stock. Their predictions range from $8.00 to $12.00. On average, they anticipate Cleveland-Cliffs' stock price to reach $9.85 in the next twelve months. This suggests that the stock has a possible downside of 1.1%. 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 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 daily trading volume, of 8,123,842 shares, the short-interest ratio is presently 5.0 days. Approximately 14.5% of the shares of the company are sold short. 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), 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), North American Palladium (PALDF), Lithium Americas (LAC), Fission Uranium (FCUUF) and Amerigo Resources (ARREF).

News headlines about CLF stock have been trending positive recently, according to Accern Sentiment Analysis. Accern identifies negative and positive media coverage by analyzing more than twenty million blog and news sources. Accern ranks coverage of public companies on a scale of negative one to one, with scores nearest to one being the most favorable. Cleveland-Cliffs earned a media sentiment score of 0.35 on Accern's scale. They also gave media coverage about the mining company an impact score of 45.33 out of 100, indicating that recent media coverage is somewhat unlikely to have an effect on the stock's share price in the next several days.

Cleveland-Cliffs' stock is owned by a variety of of retail and institutional investors. Top institutional shareholders include Creative Planning (0.63%), Empirical Finance LLC (0.05%), Alpha Windward LLC (0.02%) and Hartford Investment Management Co. (0.01%). 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 purchased by a variety of institutional investors in the last quarter, including Creative Planning, Alpha Windward LLC and Hartford Investment Management Co.. 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 $9.96.

Cleveland-Cliffs has a market capitalization of $2.97 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]