CLF - Cleveland-Cliffs Inc.

NYSE - NYSE Delayed Price. Currency in USD
7.49
+0.01 (+0.13%)
At close: 4:02PM EDT
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Previous Close7.48
Open7.50
Bid0.00 x 0
Ask0.00 x 0
Day's Range7.39 - 7.54
52 Week Range5.56 - 9.15
Volume7,108,861
Avg. Volume13,769,096
Market Cap2.228B
Beta1.17
PE Ratio (TTM)5.96
EPS (TTM)1.26
Earnings DateApr 25, 2018 - Apr 30, 2018
Forward Dividend & YieldN/A (N/A)
Ex-Dividend Date2014-11-13
1y Target Est8.00
Trade prices are not sourced from all markets
  • Key Highlights from Cleveland-Cliffs’s 1Q18 Results
    Market Realist18 hours ago

    Key Highlights from Cleveland-Cliffs’s 1Q18 Results

    Cleveland-Cliffs (CLF) reported first-quarter revenues of $239 million, a decline of 48% year-over-year (or YoY). This decline was largely expected due to the change in the sales recognition method by the company as well as lower carryover tons from the previous quarter. The analysts were, however, expecting lower revenues of just $181.4 million. Higher-than-expected realized prices and the earlier-than-expected start to the shipping season led to the better-than-expected top-line expectations.

  • Can U.S. Steel’s 2018 Guidance Lift Its Sagging Stock Price?
    Market Realist19 hours ago

    Can U.S. Steel’s 2018 Guidance Lift Its Sagging Stock Price?

    U.S. Steel’s 2018 EBITDA (earnings before interest, tax, depreciation, and amortization) guidance is closely followed by analysts during the company’s earnings calls. U.S. Steel and Cleveland-Cliffs (CLF) provide their annual guidance during their quarterly earnings calls. AK Steel (AKS) gives qualitative guidance during its earnings calls, while Nucor (NUE) and Steel Dynamics (STLD) provide their earnings guidance typically 15 days before a quarter ends.

  • Why Cleveland-Cliffs Stock Surged despite 1Q18 Earnings Miss
    Market Realistyesterday

    Why Cleveland-Cliffs Stock Surged despite 1Q18 Earnings Miss

    Cleveland-Cliffs (CLF) reported its 1Q18 results on April 20. It held its conference call with securities analysts and institutional investors the same day to discuss the results.

  • How U.S. Steel’s 1Q18 Estimates Stack Up against Its Guidance
    Market Realist2 days ago

    How U.S. Steel’s 1Q18 Estimates Stack Up against Its Guidance

    Previously in this series, we’ve looked at U.S. Steel Corporation’s (X) 1Q18 revenue estimates. In this article, we’ll look at its 1Q18 earnings estimates and stack them up against the company’s guidance.

  • What’s Making US Steel Mills Optimistic this Year?
    Market Realist3 days ago

    What’s Making US Steel Mills Optimistic this Year?

    As we noted previously in this series, some analysts have turned bearish on US steel stocks. However, the mood in steel companies’ 1Q18 earnings calls has been quite jubilant. Nucor (NUE), Cleveland-Cliffs (CLF), and Steel Dynamics (STLD) have already released their earnings. AK Steel (AKS) and U.S. Steel Corporation (X) are expected to release their 1Q18 earnings on April 30.

  • 3 Reasons Why Analysts Are Still Bearish on US Steel Stocks
    Market Realist3 days ago

    3 Reasons Why Analysts Are Still Bearish on US Steel Stocks

    In March, President Trump imposed a 25% tariff on steel imports. Tariffs against steel imports should have excited analysts across the board. In March, Timna Tanners of Bank of America Merrill Lynch said she expects Section 232 tariffs to have “limited benefit” on U.S. Steel Corporation’s (X) 2018 earnings.

  • Analysts Weigh In on U.S. Steel before 1Q18 Earnings
    Market Realist3 days ago

    Analysts Weigh In on U.S. Steel before 1Q18 Earnings

    U.S. Steel Corporation (X) is scheduled to release its 1Q18 earnings on April 30. AK Steel (AKS) is also expected to release its earnings that day. In this part of our series, we’ll see how analysts are rating U.S. Steel ahead of its 1Q18 earnings release.

  • Don't Fret About Cleveland-Cliffs' Ugly First Quarter Results
    Motley Fool4 days ago

    Don't Fret About Cleveland-Cliffs' Ugly First Quarter Results

    The iron ore miner's revenues fell 50% and it posted a bottom-line loss, but the situation is nowhere near as dire as those numbers might make it appear.

  • Cleveland-Cliffs (CLF) Looks Good: Stock Adds 7.4% in Session
    Zacks4 days ago

    Cleveland-Cliffs (CLF) Looks Good: Stock Adds 7.4% in Session

    Cleveland-Cliffs (CLF) shares rose more than 7% in the last trading session, amid huge volumes.

  • ACCESSWIRE4 days ago

    Today’s Research Reports on Stocks to Watch: Cleveland-Cliffs and Vale S.A.

    NEW YORK, NY / ACCESSWIRE / April 23, 2018 / Iron-ore producer Cleveland-Cliffs was a big gainer in Friday trading after beating expectations in its first quarter report. Shares of Vale saw a modest loss ...

  • ACCESSWIRE4 days ago

    Wired News – BHP Production Guidance for Petroleum, Metallurgical Coal, and Energy Coal on Track for FY18; Iron Ore Production Guidance Lowered

    Stock Monitor: Cleveland-Cliffs Post Earnings Reporting LONDON, UK / ACCESSWIRE / April 23, 2018 / Active-Investors.com has just released a free research report on BHP Billiton Ltd (NYSE: BHP ). If you ...

  • Why Cleveland-Cliffs, Limelight Networks, and TransUnion Jumped Today
    Motley Fool6 days ago

    Why Cleveland-Cliffs, Limelight Networks, and TransUnion Jumped Today

    Find out which of these stocks benefited from solid earnings.

  • Cleveland-Cliffs (CLF) Tops Q1 Earnings and Sales Estimates
    Zacks7 days ago

    Cleveland-Cliffs (CLF) Tops Q1 Earnings and Sales Estimates

    Cleveland-Cliffs' (CLF) revenues and margins are relatively lower than historical levels due to adoption of new revenue recognition standard.

  • Cleveland-Cliffs (CLF) Q1 Earnings & Sales Beat Estimates
    Zacks7 days ago

    Cleveland-Cliffs (CLF) Q1 Earnings & Sales Beat Estimates

    Cleveland-Cliffs' (CLF) Q1 adjusted loss of 8 cents per share were narrower than the Zacks Consensus Estimate of a loss of 21 cents.

  • Business Wire7 days ago

    Cleveland-Cliffs Inc. Reports First-Quarter 2018 Results

    Cleveland-Cliffs Inc. today reported first-quarter results for the period ended March 31, 2018.

  • Why Commodity Stocks Surged on April 18—All You Need to Know
    Market Realist8 days ago

    Why Commodity Stocks Surged on April 18—All You Need to Know

    April 18, 2018, belonged to commodity stocks (COMT), some of which saw their highest one-day gains in months. Among the iron ore and diversified companies, Glencore (GLNCY) surged 7.7%, and Anglo American (AAUKY) saw price gains of 6.2%. BHP Billiton (BHP), Rio Tinto (RIO), Vale SA (VALE), and Cleveland-Cliffs (CLF) rose 3.3%, 4.0%, 4.2%, and 4.4%, respectively.

  • The Game’s Still Not Over for US Steel Stocks
    Market Realist9 days ago

    The Game’s Still Not Over for US Steel Stocks

    President Trump finalized the Section 232 tariffs in March and imposed a 25% tariff on steel and a 10% tariff on aluminum imports. Initially, President Trump indicated that there would be no country exemptions from the tariffs. US steel producers like U.S. Steel Corporation (X), AK Steel (AKS), and Nucor (NUE) rallied smartly as investors expected the Section 232 tariffs to lead to a sustainable fall in US steel imports.

  • Cleveland-Cliffs (CLF) to Post Q1 Earnings: What to Expect?
    Zacks9 days ago

    Cleveland-Cliffs (CLF) to Post Q1 Earnings: What to Expect?

    Cleveland-Cliffs' (CLF) Q1 results are likely to be impacted by seasonally light sales volumes and lower price realization.

  • What Factors Could Help CLF’s Valuation Multiple after 1Q18?
    Market Realist9 days ago

    What Factors Could Help CLF’s Valuation Multiple after 1Q18?

    Can 1Q18 Pave the Way for Cleveland-Cliffs Stock to Re-Rate? Let’s use EV-to-forward EBITDA (enterprise value to earnings before interest, tax, depreciation, and amortization) to value Cleveland-Cliffs (CLF) in relation to its peers and its historical multiples. Among Cliffs’ US steel peers, U.S. Steel Corporation (X) is trading at the lowest forward multiple of 4.5x, while Nucor (NUE) is trading at the highest multiple of 6.9x.

  • US Steel Production Gains Traction amid Import Substitution
    Market Realist9 days ago

    US Steel Production Gains Traction amid Import Substitution

    With the Section 232 tariffs, the US Commerce Department intends to improve the domestic steel industry’s capacity utilization rate. The US steel industry has operated at a capacity use ratio below 80% since November 2014. Low capacity use could be due to higher imports. US steel producers, including AK Steel (AKS), had to shut down some of their plants and curtail production in response to high import penetration levels. However, we’ve seen some respite from steel imports in February. Imports could fall further after the Section 232 tariffs. ...

  • Cliffs’ Free Cash Flow Expected to Fall—but This Isn’t Bad News
    Market Realist9 days ago

    Cliffs’ Free Cash Flow Expected to Fall—but This Isn’t Bad News

    Can 1Q18 Pave the Way for Cleveland-Cliffs Stock to Re-Rate? Cleveland-Cliffs (CLF) has accumulated debt over a number of years. In this context, we’ll discuss Cleveland-Cliffs’ ability to generate FCF (free cash flow).

  • Cliffs’ Net Debt Is Expected to Fall Further
    Market Realist10 days ago

    Cliffs’ Net Debt Is Expected to Fall Further

    Can 1Q18 Pave the Way for Cleveland-Cliffs Stock to Re-Rate? Although investors are still concerned about Cleveland-Cliffs’ (CLF) debt, it’s come a long way with respect to its debt levels. Following the company’s change in management in 2014 and its focus on debt reduction as the utmost priority, investors’ concerns have been allayed somewhat.

  • The Key Factors Impacting Cleveland-Cliffs’ Earnings Estimates
    Market Realist10 days ago

    The Key Factors Impacting Cleveland-Cliffs’ Earnings Estimates

    Analysts’ EBITDA (earnings before interest, tax, depreciation, and amortization) estimates reflect expectations of a company’s future profitability. Analysts usually derive these estimates from revenue projections, margin assumptions, or cost projections.

  • Analysts Expect a Steep Revenue Fall for CLF in 1Q18—Here’s Why
    Market Realist10 days ago

    Analysts Expect a Steep Revenue Fall for CLF in 1Q18—Here’s Why

    Can 1Q18 Pave the Way for Cleveland-Cliffs Stock to Re-Rate? Wall Street analysts expect Cleveland-Cliffs (CLF) to generate revenue of $200 million in 1Q18, which implies a fall of 57% YoY (year-over-year). This expectation resulted from the company’s guidance of only 1.0 million tons of sales volumes from its US division in 1Q18 compared to 3.1 million tons in 1Q17.