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CLF

CLF - Cleveland-Cliffs Inc Stock Price, Fair Value and News

17.32USD-0.13 (-0.74%)Market Closed

Market Summary

CLF
USD17.32-0.13
Market Closed
-0.74%

CLF Alerts

  • 2 major insider buys recently.
  • Losses in recent quarter

CLF Stock Price

View Fullscreen

CLF RSI Chart

CLF Valuation

Market Cap

8.3B

Price/Earnings (Trailing)

18.9

Price/Sales (Trailing)

0.38

EV/EBITDA

6.69

Price/Free Cashflow

4.59

CLF Price/Sales (Trailing)

CLF Profitability

EBT Margin

2.70%

Return on Equity

6.1%

Return on Assets

2.55%

Free Cashflow Yield

21.79%

CLF Fundamentals

CLF Revenue

Revenue (TTM)

21.9B

Rev. Growth (Yr)

-1.81%

Rev. Growth (Qtr)

1.7%

CLF Earnings

Earnings (TTM)

439.0M

Earnings Growth (Yr)

-26.19%

Earnings Growth (Qtr)

61.87%

Breaking Down CLF Revenue

Last 7 days

1.0%

Last 30 days

-20.4%

Last 90 days

-12.2%

Trailing 12 Months

17.4%

How does CLF drawdown profile look like?

CLF Financial Health

Current Ratio

1.9

Debt/Equity

0.51

Debt/Cashflow

0.67

CLF Investor Care

Dividend Yield

0.29%

Dividend/Share (TTM)

0.06

Buy Backs (1Y)

7.69%

Diluted EPS (TTM)

0.75

Historical Charts for Stock Metrics

Get all data in R, Python etc through our Historical Stock Data APIs
Net sales
YearQ1Q2Q3Q4
202421.9B000
202322.3B22.0B21.9B22.0B
202222.4B23.6B23.3B23.0B
20219.0B13.0B17.4B20.4B
20202.2B2.5B3.6B5.4B
20192.3B2.3B2.2B2.0B
20181.8B2.0B2.1B2.3B
20172.1B2.1B2.1B1.9B
20161.9B1.9B1.8B2.1B
20153.2B3.0B2.6B2.0B
20145.2B4.4B3.9B3.4B
20135.8B5.7B5.7B5.7B
20126.8B6.5B6.0B5.9B
20115.1B5.8B6.5B6.7B
20102.6B3.4B4.1B4.7B
20093.6B3.0B2.4B2.3B
200802.7B3.2B3.6B
20070002.3B
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Tracking the Latest Insider Buys and Sells of Cleveland-Cliffs Inc

Filter Transactions
Datesorted ascendingNameBuy/Sell$ ValueAvg. Price# SharesTitle
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
-

1–10 of 50

Which funds bought or sold CLF recently?

View All Details
Datesorted ascendingFund NameType% 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%

1–10 of 39

Are Funds Buying or Selling CLF?

Are funds buying CLF calls or puts?
Calls
Puts
No. of funds holding Calls - Puts
Net Call Options
No. of funds that own CLF
No. of Funds

Unveiling Cleveland-Cliffs Inc's Major ShareHolders

Date FiledName of FilerPercent of ClassNo. of SharesForm Type
Mar 11, 2024
vanguard group inc
10.11%
50,366,031
SC 13G/A
Mar 07, 2024
blackrock inc.
10.0%
49,982,602
SC 13G/A
Feb 13, 2024
vanguard group inc
9.92%
50,071,058
SC 13G/A
Jan 24, 2024
blackrock inc.
9.6%
48,512,150
SC 13G/A
Aug 10, 2023
vanguard group inc
10.03%
51,040,393
SC 13G/A
Feb 09, 2023
vanguard group inc
9.75%
50,252,165
SC 13G/A
Jan 26, 2023
blackrock inc.
10.6%
54,411,677
SC 13G/A
Jan 20, 2023
blackrock inc.
10.6%
54,411,677
SC 13G/A
Jul 08, 2022
blackrock inc.
10.1%
53,000,139
SC 13G
Feb 09, 2022
vanguard group inc
8.44%
42,230,723
SC 13G/A

Recent SEC filings of Cleveland-Cliffs Inc

View All Filings
Date Filed Form Type Document
May 03, 2024
8-K
Current Report
May 01, 2024
4
Insider Trading
May 01, 2024
4
Insider Trading
Apr 26, 2024
4
Insider Trading
Apr 26, 2024
4
Insider Trading
Apr 26, 2024
4
Insider Trading
Apr 26, 2024
4
Insider Trading
Apr 26, 2024
4
Insider Trading
Apr 26, 2024
4
Insider Trading
Apr 26, 2024
4
Insider Trading

Peers (Alternatives to Cleveland-Cliffs Inc)

NameMkt Capsorted ascendingRevenuePrice %, 1MReturns, 1YP/EP/SRev 1-YrInc 1-Yr
LARGE-CAP
90.5B
9.7B
0.47% 57.02%
38.37
9.33
-3.73% -11.90%
73.4B
23.8B
-0.43% 40.95%
18.99
3.08
10.30% 6.62%
49.4B
13.2B
7.99% -10.40%
-18.47
3.75
13.70% -408.56%
41.8B
34.1B
-12.77% 26.70%
9.88
1.22
-14.07% -36.33%
17.0B
14.5B
-11.96% 22.90%
13.47
1.17
-12.23% -26.09%
8.3B
21.9B
-20.36% 17.43%
18.9
0.38
-1.92% -15.58%
MID-CAP
3.4T
710.3M
-2.15% -5.60%
-39.5K
4.8K
-2.96% -94.29%
6.7B
10.5B
1.44% 3.35%
-9.85
0.64
-11.40% 15.25%
6.7B
8.4B
-1.18% 30.34%
9.79
0.79
-8.32% -10.17%
2.3B
1.6B
-10.86% 9.78%
28.04
1.46
-8.15% -14.39%
SMALL-CAP
2.2B
847.0M
11.36% 55.52%
-20.27
2.59
7.96% 2.02%
1.6B
2.1B
0.65% 125.39%
6.56
0.75
-17.61% 444.18%
526.3M
1.2B
-14.21% -58.93%
-9
0.44
-5.61% -206.82%
8.0M
12.0M
-29.49% -89.52%
-0.87
0.67
-48.46% 6.84%
996.8K
134.6M
- -93.31%
0.82
0.01
-14.16% -64.26%

Cleveland-Cliffs Inc News

Latest updates
Yahoo Canada Shine On • 11 hours ago
Yahoo Movies Canada • 10 May 2024 • 02:51 pm
Forbes • 22 Apr 2024 • 07:00 am

Cleveland-Cliffs Inc Earnings Report: Key Takeaways & Analysis

Income Statement (Last 12 Months)
(In Millions)
Income Statement (Quarterly)
(In Millions)
(*) denotes actual numbers (not divided by Millions)
Description(%) Q/Q2024Q12023Q42023Q32023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q42019Q32019Q22019Q1
Revenue1.7%5,1995,1125,6055,9845,2955,0445,6536,3375,9555,3466,0045,0454,0492,2561,6461,093359534556743157
Gross Profit------------------12715526331.00
Costs and Expenses0.5%5,2375,2125,2805,5015,3265,2265,4665,4974,8614,2274,3553,9783,8722,1491,6081,301438453434516158
Operating Expenses------------------45.0033.0036.0032.00
  S&GA Expenses-15.9%13215714414912711212410712293.0011610510895.0059.0062.0028.0031.0026.0029.0027.00
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%53.0054.0060.0063.0079.0048.0068.0068.0065.0068.0083.0073.0075.0053.0050.0037.0030.0026.0039.00-26.1039.00
Income Taxes-126.7%-8.0030.0029.00102-13.0019.0010.001572372143342169.00-13.00-22.00-25.00-51.00-5.105.0022.00-3.70
Earnings Before Taxes43.5%-61.00-108303458-56.00-1861757571,0501,1121,6151,01066.0060.00-20.00-132-10159.0097.00183-25.80
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 Income61.9%-53.00-139275356-42.00-2041656018148991,28279557.0074.002.00-108-49.0063.0091.00161-22.10
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%-40.00487605756-2272622886332979051,341349---------
Balance Sheet
(In Millions)
Balance Sheet
(In Millions)
(*) denotes actual numbers (not divided by Millions)
Description(%) Q/Q2024Q12023Q42023Q32023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q42019Q32019Q22019Q1
Assets-1.7%17,23617,53718,05918,30318,65218,75519,68820,03919,76818,97518,06617,74617,21516,7718,4818,4918,9123,5043,4913,3933,306
  Current Assets-2.5%6,4696,6366,9417,1657,4447,4228,3258,7688,5597,6537,1466,5745,8615,2982,6292,6423,0668981,0651,1191,126
    Cash Equivalents-84.8%30.0019831.0034.0059.0026.0056.0047.0035.0048.0042.0073.0011011256.0074.00187353399377430
  Inventory-0.2%4,4494,4604,5924,7274,9235,1305,5425,7845,5625,1884,5054,2803,9323,8281,7951,9342,149317-219313
  Net PPE-1.4%8,7718,8958,8378,8788,9509,0709,0309,0479,0129,1868,9748,9829,0148,7434,5514,5484,5501,9291,7701,5971,410
  Goodwill0%1,0051,0051,1301,1301,1301,1301,1411,1491,1271,1161,0721,0701741,4061441391412.00---
Liabilities4.0%9,7949,4159,79510,25910,85910,71312,42013,04513,16013,20113,77613,46713,75813,6927,3577,3737,6813,1463,1313,1083,045
  Current Liabilities-3.2%3,3963,5083,2943,4083,4603,5493,5803,9873,7513,5613,2792,9862,9332,9291,2141,0381,371409459437394
  Long Term Debt16.8%3,6643,1373,4583,9634,5594,2494,4754,6685,0285,2385,3505,3685,7345,3904,3104,4524,3572,1142,1092,1052,087
    LT Debt, Non Current16.8%3,6643,1373,4583,9634,5594,2494,4754,6685,0285,2385,3505,3685,7345,3904,3104,4524,3572,1142,1092,1052,087
Shareholder's Equity-8.7%7,2017,8878,0208,0447,7938,0427,2686,9946,6085,7744,2903,5412,7192,3411,1241,1181,231358360286262
  Retained Earnings-3.9%1,6661,7331,8881,6241,2771,3341,5481,396800-1.00-894-2,168-2,948-2,989-3,052-3,042-2,918-2,842-2,889-2,952-3,096
  Additional Paid-In Capital-0.2%4,8514,8614,8504,8414,8324,8714,8644,8554,8484,8924,8875,4915,4875,4314,4464,4444,4503,8733,8683,8643,860
Shares Outstanding-5.8%475505505509515513515517525500500500---------
Minority Interest2.6%241235244242247251260265269284294308330323313325328----
Float----8,391---7,844---10,636---2,171---2,840-
Cashflow (Last 12 Months)
(In Millions)
Cashflow (Quarterly)
(In Millions)
(*) denotes actual numbers (not divided by Millions)
Description(%) Q/Q2024Q12023Q42023Q32023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q42019Q32019Q22019Q1
Cashflow From Operations-78.2%142652767887-39.004895368655331,1371,516511-379-207247-134-164180237262-111
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 Financing64.0%-131-364-610-787257-310-267-621-311-166-1,375-4415121,065-1771661,005-27.10-59.00-150-157
  Dividend Payments--------------0.00-24.0017.0027.0016.0014.0015.00
  Buy Backs60900.0%608-1.0059.0095.00-30.0034.0015719.00--------0.00-129124
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CLF Income Statement

2024-03-31
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 component6050
Other non-operating income22
Total other expense(23)(25)
Loss from continuing operations before income taxes(61)(56)
Income tax benefit813
Loss from continuing operations(53)(43)
Income from discontinued operations, net of tax01
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)00
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)00
Earnings per Common Share - Diluted (in dollars per share)$ (0.14)$ (0.11)

CLF Balance Sheet

2024-03-31
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, net1,8681,840
Inventories4,4494,460
Other current assets122138
Total current assets6,4696,636
Non-current assets:  
Property, plant and equipment, net8,7718,895
Goodwill1,0051,005
Pension and OPEB assets344329
Other non-current assets647672
TOTAL ASSETS17,23617,537
Current liabilities:  
Accounts payable2,0512,099
Accrued employment costs449511
Accrued expenses318380
Other current liabilities578518
Total current liabilities3,3963,508
Non-current liabilities:  
Long-term debt3,6643,137
Pension and OPEB liabilities791821
Deferred income taxes628639
Other non-current liabilities1,3151,310
TOTAL LIABILITIES9,7949,415
Commitments and contingencies (See Note 17)
SHAREHOLDERS' EQUITY  
Common shares - par value $0.125 per share6666
Capital in excess of par value of shares4,8514,861
Retained earnings1,6661,733
Cost of 55,579,044 common shares in treasury (2023 - 26,164,757 shares)(1,030)(430)
Accumulated other comprehensive income1,6481,657
Total Cliffs shareholders' equity7,2017,887
Noncontrolling interests241235
TOTAL EQUITY7,4428,122
TOTAL LIABILITIES AND EQUITY$ 17,236$ 17,537
CLF
Cleveland-Cliffs Inc. operates as a flat-rolled steel producer in North America. The company offers hot-rolled, cold-rolled, electrogalvanized, hot-dip galvanized, galvannealed, aluminized, galvalume, enameling, and advanced high-strength steel products; stainless steel products; plates; and grain oriented and non-oriented electrical steel products. 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; raw materials; 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. Cleveland-Cliffs Inc. was formerly known as Cliffs Natural Resources Inc. and changed its name to Cleveland-Cliffs Inc. in August 2017. The company was founded in 1847 and is headquartered in Cleveland, Ohio.
 CEO
 WEBSITEclevelandcliffs.com
 INDUSTRYMetals and Mining
 EMPLOYEES27000

Cleveland-Cliffs Inc Frequently Asked Questions


What is the ticker symbol for Cleveland-Cliffs Inc? What does CLF stand for in stocks?

CLF is the stock ticker symbol of Cleveland-Cliffs Inc. Every public company that trades on a stock exchange gets a ticker symbol.

What is the market capital of Cleveland-Cliffs Inc (CLF)?

As of Thu May 09 2024, market cap of Cleveland-Cliffs Inc is 8.3 Billion. The market capitalization is calculated by multiplying the stock price with the number of shares outstanding.

What is the fair value of CLF stock?

You can check CLF's fair value in chart for subscribers.

What is the fair value of CLF stock?

You can check CLF's fair value in chart for subscribers. The fair value of Cleveland-Cliffs Inc is provided for various growth and macro-economic scenarios from very pessimiatic to very optimistic assumptions. These fair values are estimates from Grufity's Fair Value model based on company's past performance. However, past performance of Cleveland-Cliffs Inc is no guarantee of future performance. These fairvalue estimates should only be used as one of the inputs in your stock analysis. We provide model's historical fair value estimates for CLF so that you know how good or bad the model has been in the past so you can discard it if needed. There are others that provide fair values of stocks such as wallmine, finbox, gurufocus and finviz. Most provide point in time estimates. We provide a history of our models fair value estimates so that you can get a sense of it's usefulness. Otherwise this data point is of little use.

Is Cleveland-Cliffs Inc a good stock to buy?

The fair value guage provides a quick view whether CLF is over valued or under valued. Whether Cleveland-Cliffs Inc is cheap or expensive depends on the assumptions which impact Cleveland-Cliffs Inc's fair value. We provide several scenarios of inflation and growth to encompass these range of assumptions for CLF.

What is Cleveland-Cliffs Inc's Price to Earnings (PE) and Price to sales (PS) ratio?

As of Thu May 09 2024, CLF's PE ratio (Price to Earnings) is 18.9 and Price to Sales (PS) ratio is 0.38. The price to earnings and price to sales ratio are two most important valuation metrics for any company. PE ratio tell us the number of years of earnings investors are ready to pay for owning the company. Historically, S&P500 price to earnings ratio has fallen below 12 during periods of gloom and gone past 30 during periods of euphoria. CLF PE ratio will change depending on the future growth rate expectations of investors.

What is 5 year return on Cleveland-Cliffs Inc's stock?

In the past 10 years, Cleveland-Cliffs Inc has provided 0.008 (multiply by 100 for percentage) rate of return.