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 for the quarter, beating analysts' consensus estimates of ($0.21) by $0.13. The mining company had revenue of $239 million for 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%. The business's quarterly revenue was down 48.2% compared to the same quarter last year. During the same period 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 Wall Street analysts have issued 1 year price targets for Cleveland-Cliffs' stock. Their forecasts range from $7.50 to $12.00. On average, they expect Cleveland-Cliffs' share price to reach $9.80 in the next year. View Analyst Ratings for Cleveland-Cliffs.

Cleveland-Cliffs saw a drop in short interest in May. As of May 15th, there was short interest totalling 36,654,782 shares, a drop 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 days-to-cover ratio is currently 4.0 days. Currently, 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), Lithium Americas (LAC), North American Palladium (PALDF), Fission Uranium (FCUUF), Amerigo Resources (ARREF), Wealth Minerals (WMLLF) and Jaguar Mining (JAGGF).

Press coverage about CLF stock has been trending somewhat positive recently, according to Accern Sentiment. The research group scores the sentiment of press coverage by analyzing more than 20 million blog and news sources in real-time. Accern ranks coverage of publicly-traded companies on a scale of -1 to 1, with scores closest to one being the most favorable. Cleveland-Cliffs earned a media sentiment score of 0.02 on Accern's scale. They also gave news stories about the mining company an impact score of 46.60 out of 100, meaning that recent press coverage is somewhat unlikely to have an effect on the company's share price in the near term.

Cleveland-Cliffs' stock is owned by a variety of of retail and institutional investors. Top institutional shareholders 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 $8.67.

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]