CLF RSI Chart
Last 7 days
1.0%
Last 30 days
-20.4%
Last 90 days
-12.2%
Trailing 12 Months
17.4%
Historical Charts for Stock Metrics
Year | Q1 | Q2 | Q3 | Q4 |
---|---|---|---|---|
2024 | 21.9B | 0 | 0 | 0 |
2023 | 22.3B | 22.0B | 21.9B | 22.0B |
2022 | 22.4B | 23.6B | 23.3B | 23.0B |
2021 | 9.0B | 13.0B | 17.4B | 20.4B |
2020 | 2.2B | 2.5B | 3.6B | 5.4B |
2019 | 2.3B | 2.3B | 2.2B | 2.0B |
2018 | 1.8B | 2.0B | 2.1B | 2.3B |
2017 | 2.1B | 2.1B | 2.1B | 1.9B |
2016 | 1.9B | 1.9B | 1.8B | 2.1B |
2015 | 3.2B | 3.0B | 2.6B | 2.0B |
2014 | 5.2B | 4.4B | 3.9B | 3.4B |
2013 | 5.8B | 5.7B | 5.7B | 5.7B |
2012 | 6.8B | 6.5B | 6.0B | 5.9B |
2011 | 5.1B | 5.8B | 6.5B | 6.7B |
2010 | 2.6B | 3.4B | 4.1B | 4.7B |
2009 | 3.6B | 3.0B | 2.4B | 2.3B |
2008 | 0 | 2.7B | 3.2B | 3.6B |
2007 | 0 | 0 | 0 | 2.3B |
Stocks Marked 'Very Cheap' by Grufity's Fair Value Model Have Outperformed Russell 2000 Index
Small Caps and Mid Caps are mostly overlooked by investors as all the focus goes to Magnificent 7. These stocks that are not part of the beauty contest require a deeper look. However, all large cap stocks were once small caps. Grufity's Fair Value model opens up this unverse as it separates high-performing, rewarding stocks from low-performing risky stocks. <b>Russell 2000 stocks that were marked 'Very Cheap' by the model doubled in three years while the index was flat.</b>
Returns of $10,000 invested in:
Very Cheap Stocks: $21,859
Russell 2000 Index: $10,334
Very Expensive Stocks: $8,224
Russell 2000 stocks considered 'Very Cheap' by the model greatly outperformed Russell 2000 index and the 'Very Expensive' bucket over past three years.
Datesorted ascending | Name | Buy/Sell | $ Value | Avg. Price | # Shares | Title |
---|---|---|---|---|---|---|
May 01, 2024 | goncalves lourenco | bought | 1,005,670 | 16.7611 | 60,000 | chairman, president & ceo |
May 01, 2024 | bloom ron a. | bought | 424,875 | 16.995 | 25,000 | - |
Apr 25, 2024 | taylor douglas c | acquired | - | - | 7,679 | - |
Apr 25, 2024 | miller janet l | acquired | - | - | 7,679 | - |
Apr 25, 2024 | stoliar gabriel | acquired | - | - | 7,679 | - |
Apr 25, 2024 | yocum arlene m | acquired | - | - | 7,679 | - |
Apr 25, 2024 | bloom ron a. | acquired | - | - | 7,679 | - |
Apr 25, 2024 | michael ralph s iii | acquired | - | - | 7,679 | - |
Which funds bought or sold CLF recently?
View All DetailsDatesorted ascending | Fund Name | Type | % Chg | $ Change | $ Held | % Portfolio |
---|---|---|---|---|---|---|
May 10, 2024 | PRINCIPAL SECURITIES, INC. | reduced | -11.62 | -303 | 18,851 | -% |
May 10, 2024 | TD Waterhouse Canada Inc. | reduced | -90.64 | -31,510 | 5,313 | -% |
May 10, 2024 | Pacer Advisors, Inc. | added | 44.61 | 93,142,300 | 245,734,000 | 0.56% |
May 10, 2024 | LPL Financial LLC | added | 2.42 | 1,475,000 | 11,969,800 | 0.01% |
May 10, 2024 | O'Neil Global Advisors, Inc. | new | - | 223,000 | 223,000 | 0.28% |
May 10, 2024 | Greenland Capital Management LP | new | - | 722,359 | 722,359 | 0.08% |
May 10, 2024 | CITIGROUP INC | reduced | -47.78 | -4,377,730 | 6,083,720 | -% |
May 10, 2024 | INTECH INVESTMENT MANAGEMENT LLC | reduced | -4.79 | 18,524 | 325,682 | -% |
May 10, 2024 | Kerntke Otto McGlone Wealth Management Group | reduced | -1.58 | 89,634 | 1,023,080 | 1.01% |
May 10, 2024 | DIMENSIONAL FUND ADVISORS LP | added | 65.65 | 107,080,000 | 233,876,000 | 0.06% |
Unveiling Cleveland-Cliffs Inc's Major ShareHolders
Date Filed | Name of Filer | Percent of Class | No. of Shares | Form Type | |
---|---|---|---|---|---|
Peers (Alternatives to Cleveland-Cliffs Inc)
Name | Mkt Capsorted ascending | Revenue | Price %, 1M | Returns, 1Y | P/E | P/S | Rev 1-Yr | Inc 1-Yr |
---|---|---|---|---|---|---|---|---|
LARGE-CAP | ||||||||
SCCO | 90.5B | 9.7B | 38.37 | 9.33 | ||||
FCX | 73.4B | 23.8B | 18.99 | 3.08 | ||||
NEM | 49.4B | 13.2B | -18.47 | 3.75 | ||||
NUE | 41.8B | 34.1B | 9.88 | 1.22 | ||||
RS | 17.0B | 14.5B | 13.47 | 1.17 | ||||
CLF | 8.3B | 21.9B | 18.9 | 0.38 | ||||
MID-CAP | ||||||||
HL | 3.4T | 710.3M | -39.5K | 4.8K | ||||
AA | 6.7B | 10.5B | -9.85 | 0.64 | ||||
CMC | 6.7B | 8.4B | 9.79 | 0.79 | ||||
MTRN | 2.3B | 1.6B | 28.04 | 1.46 | ||||
SMALL-CAP | ||||||||
CDE | 2.2B | 847.0M | -20.27 | 2.59 | ||||
CENX | 1.6B | 2.1B | 6.56 | 0.75 | ||||
CMP | 526.3M | 1.2B | -9 | 0.44 | ||||
AUMN | 8.0M | 12.0M | -0.87 | 0.67 | ||||
GLG | 996.8K | 134.6M | 0.82 | 0.01 |
Cleveland-Cliffs Inc News
Income Statement (Quarterly) | ||||||||||||||||||||||
Description | (%) Q/Q | 2024Q1 | 2023Q4 | 2023Q3 | 2023Q2 | 2023Q1 | 2022Q4 | 2022Q3 | 2022Q2 | 2022Q1 | 2021Q4 | 2021Q3 | 2021Q2 | 2021Q1 | 2020Q4 | 2020Q3 | 2020Q2 | 2020Q1 | 2019Q4 | 2019Q3 | 2019Q2 | 2019Q1 |
Revenue | 1.7% | 5,199 | 5,112 | 5,605 | 5,984 | 5,295 | 5,044 | 5,653 | 6,337 | 5,955 | 5,346 | 6,004 | 5,045 | 4,049 | 2,256 | 1,646 | 1,093 | 359 | 534 | 556 | 743 | 157 |
Gross Profit | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 127 | 155 | 263 | 31.00 |
Costs and Expenses | 0.5% | 5,237 | 5,212 | 5,280 | 5,501 | 5,326 | 5,226 | 5,466 | 5,497 | 4,861 | 4,227 | 4,355 | 3,978 | 3,872 | 2,149 | 1,608 | 1,301 | 438 | 453 | 434 | 516 | 158 |
Operating Expenses | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 45.00 | 33.00 | 36.00 | 32.00 |
S&GA Expenses | -15.9% | 132 | 157 | 144 | 149 | 127 | 112 | 124 | 107 | 122 | 93.00 | 116 | 105 | 108 | 95.00 | 59.00 | 62.00 | 28.00 | 31.00 | 26.00 | 29.00 | 27.00 |
EBITDA Margin | -1.9% | 0.08* | 0.08* | 0.08* | 0.07* | 0.09* | 0.13* | 0.19* | 0.25* | 0.27* | 0.24* | 0.22* | 0.15* | - | - | - | - | - | - | - | - | - |
Interest Expenses | -1.9% | 53.00 | 54.00 | 60.00 | 63.00 | 79.00 | 48.00 | 68.00 | 68.00 | 65.00 | 68.00 | 83.00 | 73.00 | 75.00 | 53.00 | 50.00 | 37.00 | 30.00 | 26.00 | 39.00 | -26.10 | 39.00 |
Income Taxes | -126.7% | -8.00 | 30.00 | 29.00 | 102 | -13.00 | 19.00 | 10.00 | 157 | 237 | 214 | 334 | 216 | 9.00 | -13.00 | -22.00 | -25.00 | -51.00 | -5.10 | 5.00 | 22.00 | -3.70 |
Earnings Before Taxes | 43.5% | -61.00 | -108 | 303 | 458 | -56.00 | -186 | 175 | 757 | 1,050 | 1,112 | 1,615 | 1,010 | 66.00 | 60.00 | -20.00 | -132 | -101 | 59.00 | 97.00 | 183 | -25.80 |
EBT Margin | -0.4% | 0.03* | 0.03* | 0.02* | 0.02* | 0.03* | 0.08* | 0.13* | 0.19* | 0.21* | 0.19* | 0.16* | 0.09* | - | - | - | - | - | - | - | - | - |
Net Income | 61.9% | -53.00 | -139 | 275 | 356 | -42.00 | -204 | 165 | 601 | 814 | 899 | 1,282 | 795 | 57.00 | 74.00 | 2.00 | -108 | -49.00 | 63.00 | 91.00 | 161 | -22.10 |
Net Income Margin | -2.0% | 0.02* | 0.02* | 0.02* | 0.01* | 0.02* | 0.06* | 0.11* | 0.15* | 0.17* | 0.15* | 0.13* | 0.07* | - | - | - | - | - | - | - | - | - |
Free Cashflow | -108.2% | -40.00 | 487 | 605 | 756 | -227 | 262 | 288 | 633 | 297 | 905 | 1,341 | 349 | - | - | - | - | - | - | - | - | - |
Balance Sheet | ||||||||||||||||||||||
Description | (%) Q/Q | 2024Q1 | 2023Q4 | 2023Q3 | 2023Q2 | 2023Q1 | 2022Q4 | 2022Q3 | 2022Q2 | 2022Q1 | 2021Q4 | 2021Q3 | 2021Q2 | 2021Q1 | 2020Q4 | 2020Q3 | 2020Q2 | 2020Q1 | 2019Q4 | 2019Q3 | 2019Q2 | 2019Q1 |
Assets | -1.7% | 17,236 | 17,537 | 18,059 | 18,303 | 18,652 | 18,755 | 19,688 | 20,039 | 19,768 | 18,975 | 18,066 | 17,746 | 17,215 | 16,771 | 8,481 | 8,491 | 8,912 | 3,504 | 3,491 | 3,393 | 3,306 |
Current Assets | -2.5% | 6,469 | 6,636 | 6,941 | 7,165 | 7,444 | 7,422 | 8,325 | 8,768 | 8,559 | 7,653 | 7,146 | 6,574 | 5,861 | 5,298 | 2,629 | 2,642 | 3,066 | 898 | 1,065 | 1,119 | 1,126 |
Cash Equivalents | -84.8% | 30.00 | 198 | 31.00 | 34.00 | 59.00 | 26.00 | 56.00 | 47.00 | 35.00 | 48.00 | 42.00 | 73.00 | 110 | 112 | 56.00 | 74.00 | 187 | 353 | 399 | 377 | 430 |
Inventory | -0.2% | 4,449 | 4,460 | 4,592 | 4,727 | 4,923 | 5,130 | 5,542 | 5,784 | 5,562 | 5,188 | 4,505 | 4,280 | 3,932 | 3,828 | 1,795 | 1,934 | 2,149 | 317 | - | 219 | 313 |
Net PPE | -1.4% | 8,771 | 8,895 | 8,837 | 8,878 | 8,950 | 9,070 | 9,030 | 9,047 | 9,012 | 9,186 | 8,974 | 8,982 | 9,014 | 8,743 | 4,551 | 4,548 | 4,550 | 1,929 | 1,770 | 1,597 | 1,410 |
Goodwill | 0% | 1,005 | 1,005 | 1,130 | 1,130 | 1,130 | 1,130 | 1,141 | 1,149 | 1,127 | 1,116 | 1,072 | 1,070 | 174 | 1,406 | 144 | 139 | 141 | 2.00 | - | - | - |
Liabilities | 4.0% | 9,794 | 9,415 | 9,795 | 10,259 | 10,859 | 10,713 | 12,420 | 13,045 | 13,160 | 13,201 | 13,776 | 13,467 | 13,758 | 13,692 | 7,357 | 7,373 | 7,681 | 3,146 | 3,131 | 3,108 | 3,045 |
Current Liabilities | -3.2% | 3,396 | 3,508 | 3,294 | 3,408 | 3,460 | 3,549 | 3,580 | 3,987 | 3,751 | 3,561 | 3,279 | 2,986 | 2,933 | 2,929 | 1,214 | 1,038 | 1,371 | 409 | 459 | 437 | 394 |
Long Term Debt | 16.8% | 3,664 | 3,137 | 3,458 | 3,963 | 4,559 | 4,249 | 4,475 | 4,668 | 5,028 | 5,238 | 5,350 | 5,368 | 5,734 | 5,390 | 4,310 | 4,452 | 4,357 | 2,114 | 2,109 | 2,105 | 2,087 |
LT Debt, Non Current | 16.8% | 3,664 | 3,137 | 3,458 | 3,963 | 4,559 | 4,249 | 4,475 | 4,668 | 5,028 | 5,238 | 5,350 | 5,368 | 5,734 | 5,390 | 4,310 | 4,452 | 4,357 | 2,114 | 2,109 | 2,105 | 2,087 |
Shareholder's Equity | -8.7% | 7,201 | 7,887 | 8,020 | 8,044 | 7,793 | 8,042 | 7,268 | 6,994 | 6,608 | 5,774 | 4,290 | 3,541 | 2,719 | 2,341 | 1,124 | 1,118 | 1,231 | 358 | 360 | 286 | 262 |
Retained Earnings | -3.9% | 1,666 | 1,733 | 1,888 | 1,624 | 1,277 | 1,334 | 1,548 | 1,396 | 800 | -1.00 | -894 | -2,168 | -2,948 | -2,989 | -3,052 | -3,042 | -2,918 | -2,842 | -2,889 | -2,952 | -3,096 |
Additional Paid-In Capital | -0.2% | 4,851 | 4,861 | 4,850 | 4,841 | 4,832 | 4,871 | 4,864 | 4,855 | 4,848 | 4,892 | 4,887 | 5,491 | 5,487 | 5,431 | 4,446 | 4,444 | 4,450 | 3,873 | 3,868 | 3,864 | 3,860 |
Shares Outstanding | -5.8% | 475 | 505 | 505 | 509 | 515 | 513 | 515 | 517 | 525 | 500 | 500 | 500 | - | - | - | - | - | - | - | - | - |
Minority Interest | 2.6% | 241 | 235 | 244 | 242 | 247 | 251 | 260 | 265 | 269 | 284 | 294 | 308 | 330 | 323 | 313 | 325 | 328 | - | - | - | - |
Float | - | - | - | - | 8,391 | - | - | - | 7,844 | - | - | - | 10,636 | - | - | - | 2,171 | - | - | - | 2,840 | - |
Cashflow (Quarterly) | ||||||||||||||||||||||
Description | (%) Q/Q | 2024Q1 | 2023Q4 | 2023Q3 | 2023Q2 | 2023Q1 | 2022Q4 | 2022Q3 | 2022Q2 | 2022Q1 | 2021Q4 | 2021Q3 | 2021Q2 | 2021Q1 | 2020Q4 | 2020Q3 | 2020Q2 | 2020Q1 | 2019Q4 | 2019Q3 | 2019Q2 | 2019Q1 |
Cashflow From Operations | -78.2% | 142 | 652 | 767 | 887 | -39.00 | 489 | 536 | 865 | 533 | 1,137 | 1,516 | 511 | -379 | -207 | 247 | -134 | -164 | 180 | 237 | 262 | -111 |
Cashflow From Investing | -47.9% | -179 | -121 | -160 | -125 | -185 | -209 | -260 | -232 | -235 | -965 | -172 | -107 | -135 | -802 | -88.00 | -145 | -1,007 | -194 | -157 | -166 | -125 |
Cashflow From Financing | 64.0% | -131 | -364 | -610 | -787 | 257 | -310 | -267 | -621 | -311 | -166 | -1,375 | -441 | 512 | 1,065 | -177 | 166 | 1,005 | -27.10 | -59.00 | -150 | -157 |
Dividend Payments | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 0.00 | - | 24.00 | 17.00 | 27.00 | 16.00 | 14.00 | 15.00 |
Buy Backs | 60900.0% | 608 | -1.00 | 59.00 | 95.00 | - | 30.00 | 34.00 | 157 | 19.00 | - | - | - | - | - | - | - | - | 0.00 | - | 129 | 124 |
Statements Of Unaudited Condensed Consolidated Operations - USD ($) $ in Millions | 3 Months Ended | |
---|---|---|
Mar. 31, 2024 | Mar. 31, 2023 | |
Income Statement [Abstract] | ||
Revenues | $ 5,199 | $ 5,295 |
Operating costs: | ||
Cost of goods sold | (4,914) | (5,196) |
Selling, general and administrative expenses | (132) | (127) |
Restructuring and other charges | (104) | 0 |
Asset impairment | (64) | 0 |
Miscellaneous – net | (23) | (3) |
Total operating costs | (5,237) | (5,326) |
Operating loss | (38) | (31) |
Other income (expense): | ||
Interest expense, net | (64) | (77) |
Loss on extinguishment of debt | (21) | 0 |
Net periodic benefit credits other than service cost component | 60 | 50 |
Other non-operating income | 2 | 2 |
Total other expense | (23) | (25) |
Loss from continuing operations before income taxes | (61) | (56) |
Income tax benefit | 8 | 13 |
Loss from continuing operations | (53) | (43) |
Income from discontinued operations, net of tax | 0 | 1 |
Net loss | (53) | (42) |
Income attributable to noncontrolling interests | (14) | (15) |
Net loss attributable to Cliffs shareholders | $ (67) | $ (57) |
Loss per common share attributable to Cliffs shareholders - basic | ||
Continuing operations (in dollars per share) | $ (0.14) | $ (0.11) |
Discontinued operations (in dollars per share) | 0 | 0 |
Earnings per Common Share - Basic (in dollars per share) | (0.14) | (0.11) |
Loss per common share attributable to Cliffs shareholders - diluted | ||
Continuing operations (in dollars per share) | (0.14) | (0.11) |
Discontinued operations (in dollars per share) | 0 | 0 |
Earnings per Common Share - Diluted (in dollars per share) | $ (0.14) | $ (0.11) |
Statements Of Unaudited Condensed Consolidated Financial Position - USD ($) $ in Millions | Mar. 31, 2024 | Dec. 31, 2023 |
---|---|---|
Current assets: | ||
Cash and cash equivalents | $ 30 | $ 198 |
Accounts receivable, net | 1,868 | 1,840 |
Inventories | 4,449 | 4,460 |
Other current assets | 122 | 138 |
Total current assets | 6,469 | 6,636 |
Non-current assets: | ||
Property, plant and equipment, net | 8,771 | 8,895 |
Goodwill | 1,005 | 1,005 |
Pension and OPEB assets | 344 | 329 |
Other non-current assets | 647 | 672 |
TOTAL ASSETS | 17,236 | 17,537 |
Current liabilities: | ||
Accounts payable | 2,051 | 2,099 |
Accrued employment costs | 449 | 511 |
Accrued expenses | 318 | 380 |
Other current liabilities | 578 | 518 |
Total current liabilities | 3,396 | 3,508 |
Non-current liabilities: | ||
Long-term debt | 3,664 | 3,137 |
Pension and OPEB liabilities | 791 | 821 |
Deferred income taxes | 628 | 639 |
Other non-current liabilities | 1,315 | 1,310 |
TOTAL LIABILITIES | 9,794 | 9,415 |
Commitments and contingencies (See Note 17) | ||
SHAREHOLDERS' EQUITY | ||
Common shares - par value $0.125 per share | 66 | 66 |
Capital in excess of par value of shares | 4,851 | 4,861 |
Retained earnings | 1,666 | 1,733 |
Cost of 55,579,044 common shares in treasury (2023 - 26,164,757 shares) | (1,030) | (430) |
Accumulated other comprehensive income | 1,648 | 1,657 |
Total Cliffs shareholders' equity | 7,201 | 7,887 |
Noncontrolling interests | 241 | 235 |
TOTAL EQUITY | 7,442 | 8,122 |
TOTAL LIABILITIES AND EQUITY | $ 17,236 | $ 17,537 |
 | Mr. C. Lourenco Goncalves |
---|---|
 | clevelandcliffs.com |
 | Metals and Mining |
 | 27000 |