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) released its quarterly earnings data on Friday, April, 20th. The mining company reported ($0.08) earnings per share (EPS) for the quarter, beating analysts' consensus estimates of ($0.21) by $0.13. The mining company earned $239 million during the quarter, compared to analysts' expectations of $177.93 million. Cleveland-Cliffs had a negative return on equity of 40.15% and a net margin of 15.12%. The business's revenue for the quarter was down 48.2% on a year-over-year basis. During the same quarter last year, the firm earned $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 analysts have issued 1 year price objectives for Cleveland-Cliffs' stock. Their predictions range from $7.50 to $12.00. On average, they expect 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 daily volume of 9,097,731 shares, the days-to-cover ratio is currently 4.0 days. Approximately 13.1% of the shares of the company are short sold. View Cleveland-Cliffs' Current Options Chain.

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).

Media stories about CLF stock have been trending somewhat positive on Friday, Accern Sentiment Analysis reports. The research firm identifies negative and positive media coverage by analyzing more than twenty million blog and news sources in real time. Accern ranks coverage of public companies on a scale of -1 to 1, with scores nearest to one being the most favorable. Cleveland-Cliffs earned a news sentiment score of 0.07 on Accern's scale. They also gave media coverage about the mining company an impact score of 46.90 out of 100, meaning that recent media coverage is somewhat unlikely to have an effect on the company's share price in the next few days.

Cleveland-Cliffs' stock is owned by many different of retail and institutional 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 bought 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 $9.00.

Cleveland-Cliffs has a market capitalization of $2.58 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]