CLF * Stock Overview Operates as a flat-rolled steel producer in North America. More details
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Cleveland-Cliffs Inc. Competitors Price History & Performance
Summary of share price highs, lows and changes for Cleveland-Cliffs Historical stock prices Current Share Price US$188.99 52 Week High US$379.25 52 Week Low US$187.00 Beta 1.92 1 Month Change -25.89% 3 Month Change -15.88% 1 Year Change -46.67% 3 Year Change -54.81% 5 Year Change 20.38% Change since IPO -82.97%
Recent News & Updates
Director recently sold Mex$371k worth of stock Nov 24
Third quarter 2024 earnings released: US$0.52 loss per share (vs US$0.52 profit in 3Q 2023) Nov 06
Cleveland-Cliffs Inc. (NYSE:CLF) completed the acquisition of Stelco Holdings Inc. (TSX:STLC) from Fairfax Financial Holdings Limited (TSX:FFH), Alan Kestenbaum, an affiliate of Lindsay Goldberg and others. Nov 02
Cleveland-Cliffs Inc. to Report Q3, 2024 Results on Nov 04, 2024 Oct 11
Cleveland-Cliffs Inc. Announces Executive Changes Aug 21
Second quarter 2024 earnings released: EPS: US$0.004 (vs US$0.68 in 2Q 2023) Jul 23 See more updates
Director recently sold Mex$371k worth of stock Nov 24
Third quarter 2024 earnings released: US$0.52 loss per share (vs US$0.52 profit in 3Q 2023) Nov 06
Cleveland-Cliffs Inc. (NYSE:CLF) completed the acquisition of Stelco Holdings Inc. (TSX:STLC) from Fairfax Financial Holdings Limited (TSX:FFH), Alan Kestenbaum, an affiliate of Lindsay Goldberg and others. Nov 02
Cleveland-Cliffs Inc. to Report Q3, 2024 Results on Nov 04, 2024 Oct 11
Cleveland-Cliffs Inc. Announces Executive Changes Aug 21
Second quarter 2024 earnings released: EPS: US$0.004 (vs US$0.68 in 2Q 2023) Jul 23 Cleveland-Cliffs Inc. (NYSE:CLF) entered into a definitive agreement to acquire Stelco Holdings Inc. (TSX:STLC) from Fairfax Financial Holdings Limited (TSX:FFH), Alan Kestenbaum, an affiliate of Lindsay Goldberg and others for CAD 3.9 billion. Jul 16
Cleveland-Cliffs Inc. (NYSE:CLF) entered into a definitive agreement to acquire Stelco Holdings Inc. (TSX:STLC) from Fairfax Financial Holdings Limited (TSX:FFH), Alan Kestenbaum, an affiliate of Lindsay Goldberg and others for CAD 3.9 billion. Jul 15
Cleveland-Cliffs Inc. to Report Q2, 2024 Results on Jul 22, 2024 Jul 02
Executive VP & CFO recently bought Mex$2.0m worth of stock Jun 13
Chairman recently bought Mex$17m worth of stock May 02
First quarter 2024 earnings released: US$0.14 loss per share (vs US$0.11 loss in 1Q 2023) Apr 23 Cleveland-Cliffs Inc. (NYSE:CLF) announces an Equity Buyback for $1,500 million worth of its shares. Apr 23
Cleveland-Cliffs Inc., Annual General Meeting, May 16, 2024 Apr 05
Cleveland-Cliffs Inc. to Report Q1, 2024 Results on Apr 22, 2024 Apr 03 Cleveland-Cliffs CEO Mulls Much Lower Bid for US Steel If Nippon Deal Falls Apart Mar 18
Independent Director recently sold Mex$2.2m worth of stock Mar 16
Independent Director recently bought Mex$675k worth of stock Mar 10
Cleveland-Cliffs Inc. to Idle Weirton Tinplate Facility Following Unfavorable ITC Ruling Feb 15
Director recently bought Mex$8.7m worth of stock Feb 02
Full year 2023 earnings released: EPS: US$0.78 (vs US$2.57 in FY 2022) Jan 30
Cleveland-Cliffs Inc. Provides Steel Product Shipments Guidance for the Full-Year 2024 Jan 30
Cleveland-Cliffs Inc. to Report Q4, 2023 Results on Jan 29, 2024 Jan 06
Investor sentiment improves as stock rises 16% Dec 18
U.S. Steel Reportedly Receives Multiple Bids in Excess of $40 a Share Dec 14 U.S. Steel Reportedly Attracts Five Bidders in Auction Nov 29
Investor sentiment improves as stock rises 16% Nov 01
Third quarter 2023 earnings released: EPS: US$0.52 (vs US$0.29 in 3Q 2022) Oct 24
Cleveland-Cliffs Inc. to Report Q3, 2023 Results on Oct 23, 2023 Oct 05
Now 24% undervalued Jul 31
New major risk - Financial position Jul 26
Second quarter 2023 earnings released: EPS: US$0.68 (vs US$1.14 in 2Q 2022) Jul 25
Cleveland-Cliffs Inc. to Report Q2, 2023 Results on Jul 24, 2023 Jul 12
Cleveland-Cliffs Inc. to Report Q2, 2023 Results on Jul 24, 2023 Jul 11
Now 20% undervalued after recent price drop May 24
Cleveland-Cliffs Completes Successful Blast Furnace Hydrogen Injection Trial At Middletown Works May 09
Cleveland-Cliffs Inc. Reaches Agreement for State of Minnesota Iron Ore Mineral Leases At Nashwauk May 06
Chairman recently bought Mex$27m worth of stock Apr 29
First quarter 2023 earnings released: US$0.11 loss per share (vs US$1.54 profit in 1Q 2022) Apr 25
Now 21% undervalued after recent price drop Apr 21
Now 22% undervalued after recent price drop Apr 04
Insufficient new directors Apr 02
Now 24% undervalued Mar 15
Independent Director recently sold Mex$3.6m worth of stock Mar 05
Full year 2022 earnings released: EPS: US$2.56 (vs US$5.62 in FY 2021) Feb 15
Cleveland-Cliffs Inc. to Report Q4, 2022 Results on Feb 14, 2023 Jan 20
Investor sentiment improved over the past week Dec 26
Cleveland-Cliffs Inc. Introduces New MOTOR-MAX Non-Oriented Electrical Steels for High Frequency Motors and Generators Dec 14
Investor sentiment deteriorated over the past week Nov 03
Third quarter 2022 earnings released: EPS: US$0.30 (vs US$2.46 in 3Q 2021) Oct 26
Cleveland-Cliffs Inc. to Report Q3, 2022 Results on Oct 25, 2022 Oct 06
Investor sentiment improved over the past week Oct 04
Independent Director recently sold Mex$107k worth of stock Sep 19
Investor sentiment deteriorated over the past week Sep 16
Independent Director recently bought Mex$498k worth of stock Sep 09
Now 22% undervalued after recent price drop Aug 19
Executive VP & CFO recently bought Mex$1.9m worth of stock Aug 17
Now 25% undervalued after recent price drop Jul 22
Investor sentiment improved over the past week Jul 21
Cleveland-Cliffs Inc. to Report Q2, 2022 Results on Jul 22, 2022 Jul 07
Investor sentiment deteriorated over the past week Jun 13
Lead Independent Director recently sold Mex$22m worth of stock Jun 09
Now 22% undervalued after recent price drop May 31
Insider recently bought Mex$2.1m worth of stock May 13
Investor sentiment deteriorated over the past week May 10
Now 20% undervalued May 06
Insider recently bought Mex$2.5m worth of stock Apr 28
First quarter 2022 earnings released: EPS: US$1.54 (vs US$0.076 in 1Q 2021) Apr 27
First quarter 2022 earnings released: EPS: US$1.54 (vs US$0.076 in 1Q 2021) Apr 23 Shareholder Returns CLF * MX Metals and Mining MX Market 7D -8.5% -6.8% -4.3% 1Y -46.7% 7.6% -14.0%
See full shareholder returns
Return vs Market: CLF * underperformed the MX Market which returned -14.1% over the past year.
Price Volatility Is CLF *'s price volatile compared to industry and market? CLF * volatility CLF * Average Weekly Movement 13.3% Metals and Mining Industry Average Movement 4.8% Market Average Movement 4.1% 10% most volatile stocks in MX Market 6.0% 10% least volatile stocks in MX Market 2.6%
Stable Share Price: CLF *'s share price has been volatile over the past 3 months compared to the MX market.
Volatility Over Time: CLF *'s weekly volatility (13%) has been stable over the past year, but is still higher than 75% of MX stocks.
About the Company 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.
Show more Cleveland-Cliffs Inc. Fundamentals Summary How do Cleveland-Cliffs's earnings and revenue compare to its market cap? CLF * fundamental statistics Market cap Mex$93.00b Earnings (TTM ) -Mex$9.25b Revenue (TTM ) Mex$400.91b
Earnings & Revenue Key profitability statistics from the latest earnings report (TTM) CLF * income statement (TTM ) Revenue US$19.97b Cost of Revenue US$19.46b Gross Profit US$511.00m Other Expenses US$972.00m Earnings -US$461.00m
Last Reported Earnings
Sep 30, 2024
Earnings per share (EPS) -0.93 Gross Margin 2.56% Net Profit Margin -2.31% Debt/Equity Ratio 53.6%
How did CLF * perform over the long term?
See historical performance and comparison
Company Analysis and Financial Data Status Data Last Updated (UTC time) Company Analysis 2024/12/22 11:49 End of Day Share Price 2024/12/20 00:00 Earnings 2024/09/30 Annual Earnings 2023/12/31
Data Sources The data used in our company analysis is from S&P Global Market Intelligence LLC . The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
Package Data Timeframe Example US Source * Company Financials 10 years Income statement Cash flow statement Balance sheet Analyst Consensus Estimates +3 years Forecast financials Analyst price targets Market Prices 30 years Stock prices Dividends, Splits and Actions Ownership 10 years Top shareholders Insider trading Management 10 years Leadership team Board of directors Key Developments 10 years
* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here .
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Analyst Sources Cleveland-Cliffs Inc. is covered by 42 analysts. 11 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
Analyst Institution Ishan Majumdar Baptista Research Anthony Robson BMO Capital Markets Equity Research Tristan Gresser BNP Paribas Exane
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