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Cleveland-Cliffs NYSE:CLF Stock Report

Last Price

US$12.87

Market Cap

US$6.0b

7D

1.9%

1Y

-12.9%

Updated

22 Aug, 2024

Data

Company Financials +

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$12.87
52 Week HighUS$22.97
52 Week LowUS$12.39
Beta2.02
11 Month Change-18.95%
3 Month Change-23.89%
1 Year Change-12.86%
33 Year Change-46.15%
5 Year Change61.48%
Change since IPO841.35%

Recent News & Updates

The Steel Industry's Best-Kept Secret: Cleveland-Cliffs

Aug 18

Cleveland-Cliffs' Acquisition Of Stelco: Surprise M&A Enhances The Story

Jul 16

Recent updates

The Steel Industry's Best-Kept Secret: Cleveland-Cliffs

Aug 18

Cleveland-Cliffs' Acquisition Of Stelco: Surprise M&A Enhances The Story

Jul 16

Earnings Tell The Story For Cleveland-Cliffs Inc. (NYSE:CLF)

Jul 14
Earnings Tell The Story For Cleveland-Cliffs Inc. (NYSE:CLF)

Cleveland-Cliffs Q2 2024 Earnings: Short-Term Tailwinds, But Not A Buy Yet

Jul 09

Cleveland-Cliffs: Buy The Dip, Challenges Are Likely Temporary

Jul 01

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

Jun 26
These 4 Measures Indicate That Cleveland-Cliffs (NYSE:CLF) Is Using Debt Extensively

Are Investors Undervaluing Cleveland-Cliffs Inc. (NYSE:CLF) By 45%?

Jun 07
Are Investors Undervaluing Cleveland-Cliffs Inc. (NYSE:CLF) By 45%?

Cleveland-Cliffs Looks Solid On The Dip

May 28

Cleveland-Cliffs Inc. Earnings Missed Analyst Estimates: Here's What Analysts Are Forecasting Now

Apr 26
Cleveland-Cliffs Inc. Earnings Missed Analyst Estimates: Here's What Analysts Are Forecasting Now

Cleveland-Cliffs Is A Long-Term Growth Strategy

Apr 25

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

Shareholder Returns

CLFUS Metals and MiningUS Market
7D1.9%0.09%0.4%
1Y-12.9%18.6%25.3%

Return vs Industry: CLF underperformed the US Metals and Mining industry which returned 18.6% over the past year.

Return vs Market: CLF underperformed the US Market which returned 25.3% over the past year.

Price Volatility

Is CLF's price volatile compared to industry and market?
CLF volatility
CLF Average Weekly Movement4.9%
Metals and Mining Industry Average Movement8.0%
Market Average Movement6.3%
10% most volatile stocks in US Market15.0%
10% least volatile stocks in US Market3.2%

Stable Share Price: CLF's share price has been volatile over 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$6.01b
Earnings (TTM)US$44.00m
Revenue (TTM)US$21.01b

136.9x

P/E Ratio

0.3x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
CLF income statement (TTM)
RevenueUS$21.01b
Cost of RevenueUS$19.91b
Gross ProfitUS$1.10b
Other ExpensesUS$1.05b
EarningsUS$44.00m

Last Reported Earnings

Jun 30, 2024

Next Earnings Date

n/a

Earnings per share (EPS)0.094
Gross Margin5.21%
Net Profit Margin0.21%
Debt/Equity Ratio47.9%

How did CLF perform over the long term?

See historical performance and comparison