CLF vs. STLD, RS, CRS, ATI, X, CMC, WOR, HAYN, RDUS, and ZEUS
Should you be buying Cleveland-Cliffs stock or one of its competitors? The main competitors of Cleveland-Cliffs include Steel Dynamics (STLD), Reliance (RS), Carpenter Technology (CRS), ATI (ATI), United States Steel (X), Commercial Metals (CMC), Worthington Enterprises (WOR), Haynes International (HAYN), Radius Recycling (RDUS), and Olympic Steel (ZEUS). These companies are all part of the "steel" industry.
Cleveland-Cliffs vs.
Steel Dynamics (NASDAQ:STLD) and Cleveland-Cliffs (NYSE:CLF) are both basic materials companies, but which is the better investment? We will compare the two companies based on the strength of their risk, community ranking, institutional ownership, profitability, earnings, valuation, media sentiment, analyst recommendations and dividends.
Steel Dynamics received 124 more outperform votes than Cleveland-Cliffs when rated by MarketBeat users. Likewise, 67.66% of users gave Steel Dynamics an outperform vote while only 53.21% of users gave Cleveland-Cliffs an outperform vote.
Steel Dynamics has higher earnings, but lower revenue than Cleveland-Cliffs. Cleveland-Cliffs is trading at a lower price-to-earnings ratio than Steel Dynamics, indicating that it is currently the more affordable of the two stocks.
82.4% of Steel Dynamics shares are held by institutional investors. Comparatively, 67.7% of Cleveland-Cliffs shares are held by institutional investors. 6.0% of Steel Dynamics shares are held by company insiders. Comparatively, 1.8% of Cleveland-Cliffs shares are held by company insiders. Strong institutional ownership is an indication that hedge funds, large money managers and endowments believe a stock is poised for long-term growth.
Steel Dynamics has a net margin of 9.80% compared to Cleveland-Cliffs' net margin of -2.31%. Steel Dynamics' return on equity of 19.82% beat Cleveland-Cliffs' return on equity.
Steel Dynamics pays an annual dividend of $1.84 per share and has a dividend yield of 1.5%. Cleveland-Cliffs pays an annual dividend of $0.24 per share and has a dividend yield of 2.4%. Steel Dynamics pays out 16.7% of its earnings in the form of a dividend. Cleveland-Cliffs pays out -24.7% of its earnings in the form of a dividend. Both companies have healthy payout ratios and should be able to cover their dividend payments with earnings for the next several years. Steel Dynamics has increased its dividend for 12 consecutive years. Cleveland-Cliffs is clearly the better dividend stock, given its higher yield and lower payout ratio.
Steel Dynamics has a beta of 1.31, suggesting that its stock price is 31% more volatile than the S&P 500. Comparatively, Cleveland-Cliffs has a beta of 1.92, suggesting that its stock price is 92% more volatile than the S&P 500.
Steel Dynamics presently has a consensus price target of $146.13, indicating a potential upside of 22.48%. Cleveland-Cliffs has a consensus price target of $17.39, indicating a potential upside of 73.02%. Given Cleveland-Cliffs' stronger consensus rating and higher possible upside, analysts plainly believe Cleveland-Cliffs is more favorable than Steel Dynamics.
In the previous week, Steel Dynamics had 22 more articles in the media than Cleveland-Cliffs. MarketBeat recorded 32 mentions for Steel Dynamics and 10 mentions for Cleveland-Cliffs. Steel Dynamics' average media sentiment score of 0.89 beat Cleveland-Cliffs' score of 0.70 indicating that Steel Dynamics is being referred to more favorably in the media.
Summary
Steel Dynamics beats Cleveland-Cliffs on 14 of the 22 factors compared between the two stocks.
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New MarketBeat Followers Over Time
This chart shows the number of new MarketBeat users adding {thisCompany.Symbol} and its top 5 competitors to their watchlist. Each company is represented with a line over a 90 day period.
Media Sentiment Over Time
This chart shows the average media sentiment of NYSE and its competitors over the past 90 days as caculated by MarketBeat. The averaged score is equivalent to the following: Very Negative Sentiment <= -1.5, Negative Sentiment > -1.5 and <= -0.5, Neutral Sentiment > -0.5 and < 0.5, Positive Sentiment >= 0.5 and < 1.5, and Very Positive Sentiment >= 1.5.
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This page (NYSE:CLF) was last updated on 12/18/2024 by MarketBeat.com Staff
