CLF - Cleveland-Cliffs Inc.

NYSE - NYSE Delayed Price. Currency in USD
8.66
-0.15 (-1.70%)
At close: 4:01PM EDT
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Previous Close8.81
Open8.69
Bid0.00 x 38800
Ask0.00 x 900
Day's Range8.33 - 8.73
52 Week Range5.60 - 9.15
Volume11,792,481
Avg. Volume9,971,415
Market Cap2.578B
Beta1.21
PE Ratio (TTM)8.38
EPS (TTM)1.03
Earnings DateJul 25, 2018 - Jul 30, 2018
Forward Dividend & YieldN/A (N/A)
Ex-Dividend Date2014-11-13
1y Target Est9.44
Trade prices are not sourced from all markets
  • Higher Imports Make the Commerce Department’s Task Tough
    Market Realist3 days ago

    Higher Imports Make the Commerce Department’s Task Tough

    According to the AISI (American Iron and Steel Institute), US steel production rose 0.3% YoY (year-over-year) in the week ended June 9. Although US steel production has gained traction over the last couple of months, it has risen only 1.8% YoY so far this year. The US steel industry’s capacity utilization rate is also languishing at 74.8%—way below the 80% utilization rate the Commerce Department intends to achieve with the Section 232 tariffs.

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  • ACCESSWIRE4 days ago

    Blog Exposure - Cleveland-Cliffs Divests its Australian Iron Ore Business to Mineral Resources

    LONDON, UK / ACCESSWIRE / June 14, 2018 / If you want access to our free research report on Cleveland-Cliffs Inc. (NYSE: CLF), all you need to do is sign up now by clicking the following link www.active-investors.com/registration-sg/?symbol=CLF as the Company's latest news hit the wire. On June 12, 2018, the Company disclosed that it has signed an agreement with Australian mining services Company, Mineral Resources Ltd, to divest substantially all of the assets of its Australian Iron Ore business. Active-Investors.com is focused on giving you timely information and the inside line on companies that matter to you.

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  • ACCESSWIRE5 days ago

    Free Daily Technical Summary Reports on Cleveland-Cliffs and Three Other Metals & Minerals Stocks

    Pre-market today, WallStEquities.com has selected the following stocks for observation: BHP Billiton Ltd (NYSE: BHP), Cameco Corp. (NYSE: CCJ), Cleveland-Cliffs Inc. (NYSE: CLF), and Cloud Peak Energy Inc. (NYSE: CLD). Melbourne, Australia headquartered BHP Billiton Ltd's shares saw a decline of 1.33%, finishing Tuesday's trading session at $51.14.

  • Business Wire6 days ago

    Cleveland-Cliffs Inc. Agrees to Sell its Iron Ore Assets in Australia

    Cleveland-Cliffs Inc. (CLF) is pleased to announce today that it has entered into a definitive agreement for the sale of substantially all of the assets of its Asia Pacific Iron Ore business to Mineral Resources Limited, a leading Australian mining services company with a portfolio of existing mining operations across multiple commodities, including iron ore. As a result of the transaction, Cliffs’ previously disclosed costs of closing the Australian operations are expected to be reduced by approximately $65-75 million based on Mineral Resources assuming certain obligations and Cliffs reaching negotiated settlements with other third parties. The transaction is supported by the Western Australian government.

  • Why Analysts Are Warming Up to Cleveland Cliffs
    Market Realist7 days ago

    Why Analysts Are Warming Up to Cleveland Cliffs

    According to Thomson Reuters, 55% of the analysts covering Cleveland-Cliffs (CLF) recommend “buy,” while 45% recommend “hold.” Its target price of $9.44 implies an upside of 11% based on its current market price. Among steel peers (SLX), ArcelorMittal (MT) has the most “buy” ratings from analysts covering it (86%), followed by Steel Dynamics (STLD) at 73%, U.S. Steel Corporation (X) at 63%, and Nucor (NUE) at 63%. AK Steel (AKS) had the lowest percentage of “buy”‘ ratings, at 33%.

  • Cleveland-Cliffs Stock Upgraded: What You Need to Know
    Motley Fool12 days ago

    Cleveland-Cliffs Stock Upgraded: What You Need to Know

    Once dragged down by the decline of coal, Cleveland-Cliffs has grown into an iron kingpin.

  • Is Cleveland-Cliffs (CLF) Stock Outpacing Its Basic Materials Peers This Year?
    Zacks13 days ago

    Is Cleveland-Cliffs (CLF) Stock Outpacing Its Basic Materials Peers This Year?

    Is Cleveland-Cliffs Inc. (CLF) Outperforming Other Basic Materials Stocks This Year?

  • 5 Reasons to Add Cleveland-Cliffs (CLF) to Your Portfolio Now
    Zacks13 days ago

    5 Reasons to Add Cleveland-Cliffs (CLF) to Your Portfolio Now

    Strong growth prospects and upbeat outlook make Cleveland-Cliffs (CLF) an attractive investment option.

  • Iron Ore Inventories Stay Near Record Highs: Could Prices Cave?
    Market Realist18 days ago

    Iron Ore Inventories Stay Near Record Highs: Could Prices Cave?

    In this article, we’ll look at China’s iron ore port inventories and what they suggest for iron ore prices. These inventories reflect the difference between demand and supply. Usually, if iron ore isn’t used up by steel mills, it piles up at ports. Therefore, increasing inventories reflect weak demand, and vice versa.

  • Are Options Traders Betting on a Big Move in Cleveland-Cliffs (CLF) Stock?
    Zacks20 days ago

    Are Options Traders Betting on a Big Move in Cleveland-Cliffs (CLF) Stock?

    Investors in Cleveland-Cliffs (CLF) need to pay close attention to the stock based on moves in the options market lately.

  • Is a Valuation Rerating in the Cards for Vale Stock?
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    Is a Valuation Rerating in the Cards for Vale Stock?

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    Why Analyst Sentiment for Vale Has Been Negative Lately

    Vales (VALE) stock has seen a significant shift in ratings over the last few months. Most of the recent analyst ratings, however, point to negative sentiment among analysts. This sentiment contrasts sharply to eight analyst upgrades for the stock in 2017. Analysts were positive about the company’s deleveraging policy, which has now been mostly priced into the stock.

  • Zacks.com featured highlights include: Lindblad, Cleveland-Cliffs, Marine Products, IRadimed and ChannelAdvisor
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    Zacks.com featured highlights include: Lindblad, Cleveland-Cliffs, Marine Products, IRadimed and ChannelAdvisor

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  • Vale’s Net Debt Position Improves, Excess Cash Going to Dividends
    Market Realist24 days ago

    Vale’s Net Debt Position Improves, Excess Cash Going to Dividends

    Vale (VALE) considerably reduced its net debt in 2017. At the end of 2017, its net debt totaled $18.1 billion, a decline of ~28% year-over-year. The company was guiding for net debt of $15.0 billion–$17.0 billion by the end of 2017. In the latest quarter, the company recorded another reduction of $3.2 billion in net debt to reach $14.9 billion. The debt decline during the quarter was supported by the sale of its fertilizer assets to Mosaic for $3.7 billion.

  • Why Vale’s Iron Ore Margins Should Remain Supported
    Market Realist25 days ago

    Why Vale’s Iron Ore Margins Should Remain Supported

    Is a Valuation Rerating in the Cards for Vale Stock? The EBITDA for the ferrous division was almost in line with the previous quarter despite seasonally lower volumes, mainly due to higher premiums and the net effect of the 13% increase in the benchmark iron ore index. Vale’s free-on-board (or FOB) cost per ton for iron ore fines was $14.8 per ton in the first quarter, in line with 4Q17.

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  • Zacks.com featured highlights include: United States Steel, Cleveland-Cliffs, KB Home and Banco Bilbao
    Zacks26 days ago

    Zacks.com featured highlights include: United States Steel, Cleveland-Cliffs, KB Home and Banco Bilbao

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  • Pause in US-China Trade War Could Bring Relief for Markets
    Market Realist28 days ago

    Pause in US-China Trade War Could Bring Relief for Markets

    The US-China trade war has created turmoil in the equity markets this year. While downward pressure in index heavyweights such as Facebook (FB) and Amazon (AMZN) pushed markets lower, macroeconomic factors also played a part. In general, rising bond yields are negative for equity markets.

  • Why Cleveland-Cliffs Stock Could See Valuation Upside in 2018
    Market Realist28 days ago

    Why Cleveland-Cliffs Stock Could See Valuation Upside in 2018

    In this final part of the series, we’ll see how the markets are valuing Cleveland-Cliffs (CLF) stock compared to its peers and the historical multiple.

  • Analysts Revised Cleveland-Cliffs Higher: Is There More Upside?
    Market Realist28 days ago

    Analysts Revised Cleveland-Cliffs Higher: Is There More Upside?

    Revenue estimates have gone up: More upside? As we’ve already seen in this series, Cleveland-Cliffs (CLF) has outperformed its own expectations in terms of sales volumes and realized prices for the US iron ore division in the first quarter. Cliffs has also reiterated its strong outlook for pricing going forward, notwithstanding the impact of Section 232, as the demand outlook remains strong.

  • Cleveland-Cliffs (CLF) Up 24.5% Since Earnings Report: Can It Continue?
    Zacks28 days ago

    Cleveland-Cliffs (CLF) Up 24.5% Since Earnings Report: Can It Continue?

    Cleveland-Cliffs (CLF) reported earnings 30 days ago. What's next for the stock? We take a look at earnings estimates for some clues.

  • Why Analysts Turned Positive on Cleveland-Cliffs after Q1 Results
    Market Realistlast month

    Why Analysts Turned Positive on Cleveland-Cliffs after Q1 Results

    Currently, ten analysts covering Cleveland-Cliffs (CLF) stock are divided equally among “buy” and “hold” recommendations. CLF’s target price of $9.40 implies an upside of 10.2% compared to its current market price. Among its steel peers (SLX), ArcelorMittal (MT) has the highest “buy” ratings at 86%, followed by 73% for Steel Dynamics (STLD), 63% for U.S. Steel Corporation (X), and 63% for Nucor (NUE). AK Steel (AKS) has the lowest “buy” ratings at 33%.

  • Could Cliffs Stock Rise after a Volatile 2018?
    Market Realistlast month

    Could Cliffs Stock Rise after a Volatile 2018?

    Cleveland-Cliffs (CLF) stock has been on a roller coaster ride for most of 2018. While CLF stock has seen a lot of volatility in 2018, it’s making a strong upward move in the second quarter on strong fundamentals.