Cleveland-Cliffs/CLF

$20.81

-0.09%
-
1D1W1MYTD1YMAX

About Cleveland-Cliffs

Cleveland-Cliffs Inc. is a flat-rolled steel producer and engaged in manufacturing iron ore pellets in North America. The Company is vertically integrated from mined raw materials, direct reduced iron, and ferrous scrap to primary steelmaking and downstream finishing, stamping, tooling, and tubing. It offers advanced high-strength steels (AHSS), hot-dipped galvanized, aluminized, galvalume, electrogalvanized, galvanneal, hot-rolled coil (HRC), cold-rolled coil, plate, tinplate, grain oriented electrical steel (GOES), non-oriented electrical steel (NOES), stainless steels, tool and die, stamped components, rail, slab and cast ingot. Its tubular components and tooling and stamping segments provide carbon and stainless steel tubing products, advanced-engineered solutions, tool design and build, hot and cold stamped steel components and complex assemblies. It serves various markets, such as automotive, infrastructure and manufacturing, steel producers, and distributors and converters.

Ticker

CLF

Sector

Basic Materials

Trading on

NYSE

Industry

Metal Mining

CEO

Lourenco Goncalves

Employees

28,000

Headquarters

Cleveland, United States

Cleveland-Cliffs Metrics

BasicAdvanced
$10.08B
Market cap
27.35
P/E ratio
$0.78
EPS
2.03
Beta
-
Dividend rate
$10.08B
2.03111
$22.97
$13.61
8.37M
1.892
0.62
41.879
42.5
17.252
2.72%
2.47%
5.08%
3.12%
27.349
0.458
1.358
1.509
6.221
-4.32%
-69.19%
60.16%

What the Analysts think about Cleveland-Cliffs

Analyst Ratings

Majority rating from 11 analysts.
Hold

Price Targets

Average projection from 7 analysts.
5.53% upside
High $27.20
Low $16.50
$20.81
Current price
$21.96
Average price target

Cleveland-Cliffs Financial Performance

Income StatementBalance sheetCash Flow

Income Statement

Revenues and expenses
-3.03% profit margin
QuarterlyAnnual
Q4 23
QoQ growth
Revenue
$5.11B
-8.8%
Net income
$-155M
-158.71%
Profit margin
-3.03%
-164.33%

Cleveland-Cliffs Earnings Performance

Earnings per share (EPS)

Company profitability
Beat by 19.73%
QuarterlyAnnual
Q1 23
Q2 23
Q3 23
Q4 23
Q1 24
Actual
-$0.11
$0.67
$0.52
-$0.05
-
Expected
-$0.19
$0.69
$0.43
-$0.06
$0.22
Surprise
-43.15%
-3.02%
19.93%
-19.73%
-
Data displayed above is indicative only and its accuracy or completeness is not guaranteed. Actual execution price may vary. Past performance is not indicative of future results. Your return may be affected by currency fluctuations and applicable fees and charges. Capital at risk.
Real time US market data is a consolidated feed of IEX, NYSE National, NYSE Chicago, Nasdaq BX and Nasdaq PSX order books provided by Polygon. Fundamental data, financials and analyst ratings are sourced from Refinitiv.

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FAQs

What’s the current market cap for Cleveland-Cliffs stock?

Cleveland-Cliffs (CLF) has a market cap of $10.08B as of April 20, 2024.

What is the P/E ratio for Cleveland-Cliffs stock?

The price to earnings (P/E) ratio for Cleveland-Cliffs (CLF) stock is 27.35 as of April 20, 2024.

Does Cleveland-Cliffs stock pay dividends?

No, Cleveland-Cliffs (CLF) stock does not pay dividends to its shareholders as of April 20, 2024.

When is the next Cleveland-Cliffs dividend payment date?

Cleveland-Cliffs (CLF) stock does not pay dividends to its shareholders.

What is the beta indicator for Cleveland-Cliffs?

Cleveland-Cliffs (CLF) has a beta rating of 2.03. This means that it is more volatile than the market, on average. A beta of 1 would indicate the stock moves in-line with the market, while a beta of 2 would indicate the stock moves twice as much as the market.

What is the Cleveland-Cliffs stock price target?

The target price for Cleveland-Cliffs (CLF) stock is $21.96, which is 5.53% above the current price of $20.81. This is an average based on projections from 7 analysts, and represents their view of what the stock price could be in 12 or 18 months. This should not be seen as investment advice - Lightyear does not carry out investment research.

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