Cleveland-Cliffs Inc. (CLF)
- Previous Close
20.83 - Open
20.75 - Bid --
- Ask --
- Day's Range
20.51 - 21.01 - 52 Week Range
13.61 - 22.97 - Volume
7,107,182 - Avg. Volume
8,398,201 - Market Cap (intraday)
9.894B - Beta (5Y Monthly) 2.04
- PE Ratio (TTM)
26.68 - EPS (TTM)
0.78 - Earnings Date Apr 22, 2024
- Forward Dividend & Yield --
- Ex-Dividend Date Apr 2, 2020
- 1y Target Est
21.96
Cleveland-Cliffs Inc. operates as a flat-rolled steel producer in North America. The company offers hot-rolled, cold-rolled, electrogalvanized, hot-dip galvanized, hot-dip galvannealed, aluminized, galvalume, enameling, and advanced high-strength steel products; austenitic, martensitic, duplex, precipitation hardening, and ferritic stainless steel products; plates; and grain oriented and non-oriented electrical steel products, as well as slab, scrap, iron ore, coal, and coke. It also provides tubular components, including carbon steel, stainless steel, and electric resistance welded tubing. In addition, the company offers tinplate products, such as electrolytic tin coated and chrome coated sheet, and tin mill products; tooling and sampling; ingots, rolled blooms, and cast blooms; and hot-briquetted iron products. Further, it owns five iron ore mines in Minnesota and Michigan. The company serves automotive, infrastructure and manufacturing, distributors and converters, and steel producers. The company was formerly known as Cliffs Natural Resources Inc. and changed its name to Cleveland-Cliffs Inc. in August 2017. Cleveland-Cliffs Inc. was founded in 1847 and is headquartered in Cleveland, Ohio.
www.clevelandcliffs.comRecent News: CLF
Performance Overview: CLF
Trailing total returns as of 4/19/2024, which may include dividends or other distributions. Benchmark is .
YTD Return
1-Year Return
3-Year Return
5-Year Return
Compare To: CLF
Select to analyze similar companies using key performance metrics; select up to 4 stocks.
Statistics: CLF
Valuation Measures
Market Cap
9.89B
Enterprise Value
12.83B
Trailing P/E
26.68
Forward P/E
13.00
PEG Ratio (5yr expected)
--
Price/Sales (ttm)
0.48
Price/Book (mrq)
1.25
Enterprise Value/Revenue
0.58
Enterprise Value/EBITDA
6.90
Financial Highlights
Profitability and Income Statement
Profit Margin
1.81%
Return on Assets (ttm)
3.29%
Return on Equity (ttm)
5.56%
Revenue (ttm)
22B
Net Income Avi to Common (ttm)
398M
Diluted EPS (ttm)
0.78
Balance Sheet and Cash Flow
Total Cash (mrq)
198M
Total Debt/Equity (mrq)
44.46%
Levered Free Cash Flow (ttm)
1.61B
Research Analysis: CLF
Analyst Price Targets
Fair Value
Analyst Recommendations
Earnings
Research Reports: CLF
The Argus Mid-Cap Model Portfolio
Small- and mid-cap stocks (SMID) have underperformed large-caps over the past 12 months, but may be in a better position to generate market-beating returns going forward. SMID companies tend to focus on domestic markets, so their businesses could be less disrupted by the fallout from global events. As well, the prices of SMID stocks generally are lower than the prices of large-caps. As well, there are long stretches in the record books when SMID stocks have outperformed large-caps. That said, SMID stocks can be risky. The standard deviation for monthly returns was 5.7% for SMID stocks over a 2003-2021 test period, versus 4.3% for large-caps. Still, despite the risks, diversified investors look to have exposure to small- and mid-caps based on the long-term performance record.
Analyst Report: Cleveland-Cliffs Inc
Cleveland-Cliffs Inc. is a leading steel supplier and the largest flat-rolled steel company in North America. The company also specializes in iron ore, including all aspects of the mining, pelletizing, and beneficiation. Cleveland-Cliffs has approximately 28,000 employees and its shares are a component of the S&P 500.
RatingNeutralPrice TargetMarket Digest: AMP, ATO, CNC, EMR, FI, TMUS, SNAP, CLF
The Same, Only Different: Our Monthly Survey of the Economy, Interest Rates, and Stocks
Daily – Vickers Top Buyers & Sellers for 02/02/2024
The Vickers Top Buyers & Sellers is a daily report that identifies the five companies the largest insider purchase transactions based on the dollar value of the transactions as well as the five companies the largest insider sales transactions based on the dollar value of the transactions.