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Cleveland-Cliffs NYSE:CLF Stock Report

Last Price

US$18.55

Market Cap

US$8.8b

7D

-12.5%

1Y

25.0%

Updated

24 Apr, 2024

Data

Company Financials +

CLF Stock Overview

Cleveland-Cliffs Inc. operates as a flat-rolled steel producer in North America.

CLF fundamental analysis
Snowflake Score
Valuation3/6
Future Growth3/6
Past Performance1/6
Financial Health5/6
Dividends0/6

Cleveland-Cliffs Inc. Competitors

Price History & Performance

Summary of all time highs, changes and price drops for Cleveland-Cliffs
Historical stock prices
Current Share PriceUS$18.55
52 Week HighUS$22.97
52 Week LowUS$13.61
Beta2.04
1 Month Change-13.48%
3 Month Change0.76%
1 Year Change25.00%
3 Year Change1.09%
5 Year Change93.03%
Change since IPO1,256.80%

Recent News & Updates

Cleveland-Cliffs Q1 2024 Earnings: Capital Allocation And Costs Are In The Spotlight

Apr 18

Recent updates

Cleveland-Cliffs Q1 2024 Earnings: Capital Allocation And Costs Are In The Spotlight

Apr 18

Cleveland-Cliffs Will Prevail, Whatever Happens

Apr 02

Cleveland-Cliffs Inc.'s (NYSE:CLF) P/E Still Appears To Be Reasonable

Apr 01
Cleveland-Cliffs Inc.'s (NYSE:CLF) P/E Still Appears To Be Reasonable

These 4 Measures Indicate That Cleveland-Cliffs (NYSE:CLF) Is Using Debt Extensively

Mar 17
These 4 Measures Indicate That Cleveland-Cliffs (NYSE:CLF) Is Using Debt Extensively

Why Cleveland-Cliffs Stock Is Poised To Go Higher

Mar 16

An Intrinsic Calculation For Cleveland-Cliffs Inc. (NYSE:CLF) Suggests It's 48% Undervalued

Mar 01
An Intrinsic Calculation For Cleveland-Cliffs Inc. (NYSE:CLF) Suggests It's 48% Undervalued

Cleveland-Cliffs: A 'Trump Trade' With Significant Upside Potential

Feb 27

Cleveland-Cliffs' (NYSE:CLF) Soft Earnings Are Actually Better Than They Appear

Feb 15
Cleveland-Cliffs' (NYSE:CLF) Soft Earnings Are Actually Better Than They Appear

Cleveland-Cliffs Bolsters Shareholder Value

Feb 04

Cleveland-Cliffs Inc. Just Missed EPS By 26%: Here's What Analysts Think Will Happen Next

Feb 01
Cleveland-Cliffs Inc. Just Missed EPS By 26%: Here's What Analysts Think Will Happen Next

Cleveland-Cliffs: What To Expect From Q4 Earnings

Jan 26

Why I Am Even More Bullish After Cleveland-Cliffs Failed To Buy U.S. Steel

Jan 04

Cleveland-Cliffs Is Still A Bargain

Dec 23

There Is A Reason Cleveland-Cliffs Inc.'s (NYSE:CLF) Price Is Undemanding

Dec 19
There Is A Reason Cleveland-Cliffs Inc.'s (NYSE:CLF) Price Is Undemanding

Cleveland-Cliffs Looks Set For A Strong Q4 2023 And FY 2024

Nov 27

Steel Perfection - Why I'm Bullish On Cleveland-Cliffs

Nov 19

Does Cleveland-Cliffs (NYSE:CLF) Have A Healthy Balance Sheet?

Nov 14
Does Cleveland-Cliffs (NYSE:CLF) Have A Healthy Balance Sheet?

Cleveland-Cliffs: A Good Quarter, But This Hardly Matters At The Moment

Oct 24

Cleveland-Cliffs Q3 Earnings: What Can We Expect?

Oct 18

Cleveland-Cliffs: Navigating Through Uncertainty

Sep 20

Cleveland-Cliffs: Consolidation At Any Cost Comes With Strings Attached

Aug 23

Why Cleveland-Cliffs Is Positioned For Tomorrow's Economy

Aug 11

Cleveland-Cliffs Earnings: Steel's Vital Role In The Energy Transition

Jul 25

Cleveland-Cliffs: Steelmakers Face Significant Recessionary Pressures

Jul 19

Is Cleveland-Cliffs (NYSE:CLF) Using Too Much Debt?

Jul 10
Is Cleveland-Cliffs (NYSE:CLF) Using Too Much Debt?

Cleveland-Cliffs: History Of Seasonal Price Strength During The Summer (Rating Upgrade)

Jun 14

Cleveland-Cliffs Inc.'s (NYSE:CLF) Intrinsic Value Is Potentially 40% Above Its Share Price

May 17
Cleveland-Cliffs Inc.'s (NYSE:CLF) Intrinsic Value Is Potentially 40% Above Its Share Price

We Think Cleveland-Cliffs (NYSE:CLF) Is Taking Some Risk With Its Debt

Apr 10
We Think Cleveland-Cliffs (NYSE:CLF) Is Taking Some Risk With Its Debt

Cleveland-Cliffs: Cleaning House

Feb 14

Cleveland-Cliffs: Ignore The Noise And Buy Before Earnings Release

Feb 08

Is There An Opportunity With Cleveland-Cliffs Inc.'s (NYSE:CLF) 49% Undervaluation?

Feb 06
Is There An Opportunity With Cleveland-Cliffs Inc.'s (NYSE:CLF) 49% Undervaluation?

Cleveland-Cliffs: Hot And Cheap

Jan 23

Cleveland-Cliffs (NYSE:CLF) Has A Somewhat Strained Balance Sheet

Jan 09
Cleveland-Cliffs (NYSE:CLF) Has A Somewhat Strained Balance Sheet

Why I'm So Bullish On Cleveland-Cliffs

Jan 08

Cleveland-Cliffs: Finally Moving To Where It Belongs

Dec 23

Cleveland-Cliffs hikes prices for rolled steel products by $50

Dec 13

Shareholder Returns

CLFUS Metals and MiningUS Market
7D-12.5%-3.5%1.2%
1Y25.0%17.8%24.7%

Return vs Industry: CLF exceeded the US Metals and Mining industry which returned 17.8% over the past year.

Return vs Market: CLF matched the US Market which returned 24.7% over the past year.

Price Volatility

Is CLF's price volatile compared to industry and market?
CLF volatility
CLF Average Weekly Movement5.4%
Metals and Mining Industry Average Movement8.2%
Market Average Movement6.0%
10% most volatile stocks in US Market16.6%
10% least volatile stocks in US Market3.0%

Stable Share Price: CLF has not had significant price volatility in the past 3 months.

Volatility Over Time: CLF's weekly volatility (5%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
184728,000C. Goncalveswww.clevelandcliffs.com

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.

Cleveland-Cliffs Inc. Fundamentals Summary

How do Cleveland-Cliffs's earnings and revenue compare to its market cap?
CLF fundamental statistics
Market capUS$8.82b
Earnings (TTM)US$389.00m
Revenue (TTM)US$21.90b

22.7x

P/E Ratio

0.4x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
CLF income statement (TTM)
RevenueUS$21.90b
Cost of RevenueUS$20.32b
Gross ProfitUS$1.58b
Other ExpensesUS$1.19b
EarningsUS$389.00m

Last Reported Earnings

Mar 31, 2024

Next Earnings Date

n/a

Earnings per share (EPS)0.82
Gross Margin7.20%
Net Profit Margin1.78%
Debt/Equity Ratio49.2%

How did CLF perform over the long term?

See historical performance and comparison
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