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 announced a quarterly dividend on Friday, October 19th. Shareholders of record on Friday, January 4th will be given a dividend of $0.05 per share on Tuesday, January 15th. This represents a $0.20 annualized dividend and a yield of 1.78%. The ex-dividend date is Thursday, January 3rd. View Cleveland-Cliffs' Dividend History.

Cleveland-Cliffs declared that its board has approved a share buyback program on Monday, November 26th 2018, which permits the company to buyback $200,000,000.00 in outstanding shares, according to EventVestor. This buyback authorization permits the company to reacquire up to 7.7% of its stock through open market purchases. Stock buyback programs are typically a sign that the company's leadership believes its stock is undervalued.

Cleveland-Cliffs Inc (NYSE:CLF) released its quarterly earnings results on Friday, February, 8th. The mining company reported $0.55 earnings per share (EPS) for the quarter, missing the Zacks' consensus estimate of $0.57 by $0.02. The mining company had revenue of $696.30 million for the quarter, compared to analyst estimates of $721.52 million. Cleveland-Cliffs had a net margin of 47.17% and a negative return on equity of 509.82%. The business's quarterly revenue was up 36.0% compared to the same quarter last year. During the same period in the previous year, the company 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 equities research analysts have issued 12 month target prices for Cleveland-Cliffs' stock. Their predictions range from $5.00 to $17.00. On average, they anticipate Cleveland-Cliffs' share price to reach $11.7955 in the next year. This suggests a possible upside of 4.9% 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.

Media coverage about CLF stock has been trending somewhat positive on Wednesday, according to InfoTrie Sentiment Analysis. The research group scores the sentiment of press coverage by analyzing more than six thousand news and blog sources in real time. The firm ranks coverage of publicly-traded companies on a scale of -5 to 5, with scores closest to five being the most favorable. Cleveland-Cliffs earned a coverage optimism score of 1.4 on InfoTrie's scale. They also gave headlines about the mining company a news buzz of 4.0 out of 10, meaning that recent press coverage is somewhat unlikely to have an impact on the stock's share price in the next several days.

Cleveland-Cliffs saw a increase in short interest during the month of 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 volume of 11,555,469 shares, the short-interest ratio is currently 4.8 days. Currently, 19.0% of the company's shares 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), Lundin Mining (LUNMF), Turquoise Hill Resources (TRQ), EXXARO RESOURCE/S (EXXAY), IMPALA PLATINUM/S (IMPUY), Centamin (CELTF), Hudbay Minerals (HBM), Royal Standard Minerals Inc USA (RYSMF), Pretium Resources (PVG), Nexa Resources (NEXA), North American Palladium (PALDF), Lithium Americas (LAC), Mountain Province Diamonds (MPVD) and Fission Uranium (FCUUF).

Cleveland-Cliffs' stock is owned by a number of 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 purchased 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 $11.24.

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]