CLF - Cleveland-Cliffs Inc.

NYSE - NYSE Delayed Price. Currency in USD
12.11
-0.09 (-0.74%)
At close: 4:01PM EDT

12.14 +0.03 (0.25%)
After hours: 7:24PM EDT

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Previous Close12.20
Open12.25
Bid12.02 x 42300
Ask12.15 x 36100
Day's Range11.95 - 12.46
52 Week Range5.60 - 12.46
Volume11,305,890
Avg. Volume11,490,945
Market Cap3.608B
Beta2.96
PE Ratio (TTM)8.17
EPS (TTM)1.48
Earnings DateOct 18, 2018 - Oct 22, 2018
Forward Dividend & YieldN/A (N/A)
Ex-Dividend Date2014-11-13
1y Target Est12.11
Trade prices are not sourced from all markets
  • US Steel Companies Upbeat on Outlook despite Trade War
    Market Realist10 hours ago

    US Steel Companies Upbeat on Outlook despite Trade War

    In the previous part, we discussed Nucor’s (NUE) third-quarter earnings guidance. In this part, we’ll discuss Steel Dynamics’ third-quarter guidance. The guidance was released after the markets closed on September 17.

  • Nucor’s Q3 2018 Guidance: Markets Were Disappointed
    Market Realist11 hours ago

    Nucor’s Q3 2018 Guidance: Markets Were Disappointed

    Last week, Nucor (NUE), the largest US-based steel producer, released its third-quarter guidance. The company expects to post an EPS of $2.35–$2.40 in the quarter. Nucor posted an EPS of $2.13 in the second quarter and $0.79 in the third quarter of 2017. Nucor’s third-quarter earnings guidance was in line with analysts’ estimates. Previously, Nucor posted better-than-expected guidance in the second quarter.

  • Steel Companies in Q3 2018: Earnings, Tariffs, and the Trade War
    Market Realist11 hours ago

    Steel Companies in Q3 2018: Earnings, Tariffs, and the Trade War

    Now, we’re approaching the end of the third quarter. Nucor (NUE) released its third-quarter earnings guidance on September 14, while Steel Dynamics (STLD) released its earnings guidance on September 17. In this series, we’ll discuss Nucor and Steel Dynamics’ third-quarter guidance. We’ll also analyze the third-quarter guidance provided by other steel companies during their second-quarter earnings call. We’ll discuss steel companies’ outlook.

  • Do Options Traders Know Something About Cleveland-Cliffs (CLF) Stock We Don't?
    Zacks12 hours ago

    Do Options Traders Know Something About Cleveland-Cliffs (CLF) Stock We Don't?

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

  • Metals and Mining Stocks Gain amid Toned-Down Tariffs
    Market Realistyesterday

    Metals and Mining Stocks Gain amid Toned-Down Tariffs

    Metals and mining stocks are showing strength. As of 1:00 PM EDT on September 18, Freeport-McMoRan (FCX) and Alcoa (AA) have risen 2.9% and 1.1%, respectively. In the steel space, U.S. Steel Corporation (X) and Cleveland-Cliffs (CLF) are trading with gains of 2.5% and 3.1%, respectively.

  • Should the US Be Competing in Commoditized Industries?
    Market Realist2 days ago

    Should the US Be Competing in Commoditized Industries?

    Earlier this year, President Trump imposed tariffs on US steel and aluminum imports. US steel companies like U.S. Steel Corporation (X) and AK Steel (AKS) have blamed more imports for their woes. Notably, China’s share in the global steel and aluminum markets has grown multi-fold.

  • Is Cleveland-Cliffs (CLF) Outperforming Other Basic Materials Stocks This Year?
    Zacks2 days ago

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

    Is (CLF) Outperforming Other Basic Materials Stocks This Year?

  • Cleveland-Cliffs (CLF) Soars to 52-Week High, Time to Cash Out?
    Zacks2 days ago

    Cleveland-Cliffs (CLF) Soars to 52-Week High, Time to Cash Out?

    Cleveland-Cliffs (CLF) is at a 52-week high, but can investors hope for more gains in the future? We take a look at the company's fundamentals for clues.

  • Zacks.com highlights: Cleveland-Cliffs, North American Construction Group, General Finance, Vertex Energy and Photronics
    Zacks2 days ago

    Zacks.com highlights: Cleveland-Cliffs, North American Construction Group, General Finance, Vertex Energy and Photronics

    Zacks.com highlights: Cleveland-Cliffs, North American Construction Group, General Finance, Vertex Energy and Photronics

  • What Am I Missing With This Cheap Mining Stock?
    Motley Fool4 days ago

    What Am I Missing With This Cheap Mining Stock?

    The market may be overlooking Cleveland-Cliffs.

  • What Will 2019 Bring for US Steel Companies?
    Market Realist6 days ago

    What Will 2019 Bring for US Steel Companies?

    As noted in the previous article, steel companies’ valuations look attractive based on forward EV-to-EBITDA (enterprise value to earnings before interest, tax, depreciation, and amortization) multiples. However, these multiples are based on analysts’ earnings estimates, so it is prudent to read the multiples in conjunction with earnings estimates.

  • Concerns about Chinese Steel Prices Could Be Overblown
    Market Realist7 days ago

    Concerns about Chinese Steel Prices Could Be Overblown

    China (FXI) is the world’s largest steel producer and consumer. The country’s steel overcapacity and exports have been blamed for depressing global steel prices. However, Chinese steel exports have come down sharply from their 2015 highs. In August, China exported 5.8 million metric tons of steel products, a yearly fall of 9.8%. In the first eight months of 2018, Chinese steel exports have fallen 13.3% to 47.2 million metric tons.

  • Do Section 232 Exemptions Pose a Big Risk to US Steel Stocks?
    Market Realist8 days ago

    Do Section 232 Exemptions Pose a Big Risk to US Steel Stocks?

    President Trump has left the door open for exemptions from Section 232 tariffs. The exemptions would be on a product level as well as a country level. So far, countries like South Korea, Brazil, and Argentina have managed to see exemptions from Section 232 tariffs. The uncertainty about Section 232 exemptions is one reason why investors have shied away from steel stocks. In this article, we’ll see how Section 232 exemptions could impact US steel prices.

  • US Steel Industry Reaches Key Milestone Wilbur Ross Wanted
    Market Realist8 days ago

    US Steel Industry Reaches Key Milestone Wilbur Ross Wanted

    According to AISI (American Iron and Steel Institute) data, US steel production rose 9.8% YoY in the week ending September 8. On a year-to-date basis, US steel production has risen 4.1% compared to the same period in 2017.

  • US Steel Stocks: Tough to Love, Even Tougher to Hate
    Market Realist9 days ago

    US Steel Stocks: Tough to Love, Even Tougher to Hate

    While several industries have been crying foul over President Trump’s trade policies, the US steel industry has been among the biggest benefactors of these trade policies. Earlier this year, Trump imposed a 25% tariff on US steel imports, triggering a wave of joy in US steel companies. To be sure, we’ve started to see the impact of these tariffs on the US steel industry. US steel production has gained traction, while imports have fallen on a yearly basis this year.

  • Are US Steel Stocks at a Tipping Point?
    Market Realist9 days ago

    Are US Steel Stocks at a Tipping Point?

    Steel stocks, including U.S. Steel Corporation (X), ArcelorMittal (MT), and AK Steel (AKS), are trading with double-digit losses this year. But after a rather dismal 2018, steel stocks could be at a tipping point.

  • Are Miners Looking Cheap? J.P. Morgan Thinks So, Upgrades Rio Tinto
    Market Realist9 days ago

    Are Miners Looking Cheap? J.P. Morgan Thinks So, Upgrades Rio Tinto

    Today, J.P. Morgan (JPM) upgraded Rio Tinto (RIO), believing that demand from China (FXI) should pick up over the coming months. It also believes that miners’ valuations are cheap compared to the same stages of previous cycles.

  • After Two Upgrades, Is AK Steel Ready to Break Free?
    Market Realist9 days ago

    After Two Upgrades, Is AK Steel Ready to Break Free?

    Upgrades and Buybacks: Are US Steel Stocks at a Tipping Point? AK Steel (AKS) has been one of the worst-performing steel stocks this year based on a year-to-date price action. U.S. Steel Corporation (X) and ArcelorMittal (MT) have fallen 17.2% and 11%, respectively, over that period.

  • How Trump’s Tariffs Are Affecting Chinese Steel Industry
    Market Realist10 days ago

    How Trump’s Tariffs Are Affecting Chinese Steel Industry

    Earlier this year, President Trump imposed Section 232 tariffs on US steel and aluminum imports. September marks the sixth month since tariffs came into effect. The tariffs have helped lift US steel production and curb imports. On a year-to-date basis, US steel imports have fallen 10.3% year-over-year in the first seven months of 2018. Steel imports from China have also fallen. In the first six months of 2018, China exported 0.34 million metric tons of steel to the US, which is ~2.1% of the total US steel imports during this period. US steel and iron ore producers like U.S. ...

  • Why Did Jefferies Increase Its Target Price for Cleveland-Cliffs?
    Market Realist12 days ago

    Why Did Jefferies Increase Its Target Price for Cleveland-Cliffs?

    Today, Jefferies analyst Seth Rosenelf raised the target price for Cleveland-Cliffs (CLF) from $11 to $13 while maintaining a “buy” rating on the stock. Cleveland-Cliffs stock has seen a turn in fortunes, as far as analyst sentiment is concerned, since March.

  • Why Do Analysts Love Vale SA?
    Market Realist12 days ago

    Why Do Analysts Love Vale SA?

    The number of analysts recommending a “buy” for Vale (VALE) has increased in the last few months. Currently, 73.0% of the analysts covering Vale stock recommend a “buy,” compared with 56.0% at the end of April. Approximately 23.0% of analysts recommend a “hold,” and 4.0% recommend a “sell.” Vale’s target price implies a 17.0% upside based on its current market price.

  • What Could Turn the Tide in AK Steel’s Favor?
    Market Realist12 days ago

    What Could Turn the Tide in AK Steel’s Favor?

    AK Steel (AKS) has been the worst-performing steel stock among the steel companies we’re covering in this series based on YTD (year-to-date) price action. The stock has fallen 23.1% YTD.

  • US Steel Companies Embrace Their Stocks amid Investors’ Apathy
    Market Realist13 days ago

    US Steel Companies Embrace Their Stocks amid Investors’ Apathy

    US steel stocks are having a dismal run so far in 2018. Based on September 6 closing prices, U.S. Steel (X) and AK Steel (AKS) have lost 15.5% and 25.3%, respectively. Cleveland-Cliffs (CLF) has bucked this trend, and the stock is up 44.0% year-to-date (or YTD). In comparison, the SPDR S&P 500 ETF (SPY) has gained 8.9% YTD.

  • Rio Tinto Stock: Are Analysts Turning Away?
    Market Realist13 days ago

    Rio Tinto Stock: Are Analysts Turning Away?

    Of the 14 analysts covering Rio Tinto (RIO) stock, 57.0% recommend a “buy,” 29.0% recommend a “hold,” and 14.0% recommend a “sell.” One year ago, 80.0% of analysts recommended a “buy.”

  • Why Are Analysts Turning Around for Cleveland-Cliffs?
    Market Realist13 days ago

    Why Are Analysts Turning Around for Cleveland-Cliffs?

    According to Thomson Reuters, 73.0% of the analysts covering Cleveland-Cliffs (CLF) stock recommend a “buy,” 27.0% recommend a “hold,” and there were no “sell” ratings. CLF’s target price of $11.90 implies an upside of 21.0% based on its current market price. At the end of March, Cleveland-Cliffs had “buy” ratings from only 30.0% of the analysts.