Cleveland-Cliffs (CLF) Stock Price, News & Analysis

Company Overview

Cleveland-Cliffs is the largest flat-rolled steel company and the largest iron ore pellet producer in North America. The company is vertically integrated from mining through iron making, steelmaking, rolling, finishing and downstream with hot and cold stamping of steel parts and components. The company was formerly known as Cliffs Natural Resources Inc. and changed its name to Cleveland-Cliffs Inc. in August 2017. Cleveland-Cliffs Inc. was founded in 1847 and is headquartered in Cleveland, Ohio.

Key Stats

• Today's Range: $10.31 to $10.72
• 50-Day Range: $6.93 to $11.44
• 52-Week Range: $5.63 to $14.34
• Volume: 18.00 million shs
• Average Volume: 25.36 million shs
• Market Capitalization: $5.23 billion
• P/E Ratio: N/A
• Dividend Yield: N/A
• Price Target: $10.96
• Consensus Rating: Hold

Cleveland-Cliffs Stock Analysis - MarketRank™

Cleveland-Cliffs scored higher than 39% of companies evaluated by MarketBeat, and ranked 275th out of 366 stocks in the basic materials sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

Analyst's Opinion

• Score: 2.2 / 5
• Analyst Rating: Hold

Consensus Rating

Cleveland-Cliffs has received a consensus rating of Hold. The company's average rating score is 2.44, and is based on 3 buy ratings, 4 hold ratings, and 1 sell rating.

Amount of Analyst Coverage

Cleveland-Cliffs has been the subject of 6 research reports in the past 90 days, demonstrating strong analyst interest in this stock.

Earnings and Valuation

• Score: 1.3 / 5
• Proj. Earnings Growth: Growing

Earnings Growth

Earnings for Cleveland-Cliffs are expected to grow in the coming year, from ($0.79) to ($0.42) per share.

Price to Earnings Ratio vs. the Market

The P/E ratio of Cleveland-Cliffs is -3.10, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.

Price to Earnings Ratio vs. Sector

The P/E ratio of Cleveland-Cliffs is -3.10, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.

Price to Book Value per Share Ratio

Cleveland-Cliffs has a P/B Ratio of 0.76. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities.

Short Interest

• Score: 2.0 / 5
• Short Interest Level: Bearish

Percentage of Shares Shorted

16.73% of the float of Cleveland-Cliffs has been sold short.

Short Interest Ratio / Days to Cover

Cleveland-Cliffs has a short interest ratio ("days to cover") of 2.4, which is generally considered an acceptable ratio of short interest to trading volume.

Change versus previous month

Short interest in Cleveland-Cliffs has recently increased by 8.22%, indicating that investor sentiment is decreasing significantly.

Dividend

• Score: 0.0 / 5
• Dividend Strength: N/A

Dividend Yield

Cleveland-Cliffs does not currently pay a dividend.

Dividend Growth

Cleveland-Cliffs does not have a long track record of dividend growth.

Sustainability and ESG

• Score: N/A
• Environmental Score: N/A

Percentage of Shares Shorted

16.73% of the float of Cleveland-Cliffs has been sold short.

Short Interest Ratio / Days to Cover

Cleveland-Cliffs has a short interest ratio ("days to cover") of 2.4, which is generally considered an acceptable ratio of short interest to trading volume.

Change versus previous month

Short interest in Cleveland-Cliffs has recently increased by 8.22%, indicating that investor sentiment is decreasing significantly.

News and Social Media

• Score: 2.3 / 5
• News Sentiment: 1.22

News Sentiment

Cleveland-Cliffs has a news sentiment score of 1.22. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.53 average news sentiment score of Basic Materials companies.

News Coverage This Week

MarketBeat has tracked 18 news articles for Cleveland-Cliffs this week, compared to 19 articles on an average week.

Search Interest

Only 54 people have searched for CLF on MarketBeat in the last 30 days. This is a decrease of -13% compared to the previous 30 days.

MarketBeat Follows

Only 28 people have added Cleveland-Cliffs to their MarketBeat watchlist in the last 30 days. This is a decrease of -10% compared to the previous 30 days.

Company Ownership

• Score: 2.5 / 5
• Insider Trading: Selling Shares

Insider Buying vs. Insider Selling

In the past three months, Cleveland-Cliffs insiders have sold more of their company's stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $822,000.00 in company stock.

Percentage Held by Insiders

Only 1.76% of the stock of Cleveland-Cliffs is held by insiders.

Percentage Held by Institutions

67.68% of the stock of Cleveland-Cliffs is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

CLF Stock Analysis - Frequently Asked Questions

How have CLF shares performed this year?

Cleveland-Cliffs' stock was trading at $9.40 on January 1st, 2025. Since then, CLF stock has increased by 12.6% and is now trading at $10.5830.

How were Cleveland-Cliffs' earnings last quarter?

Cleveland-Cliffs Inc. (NYSE:CLF) posted its quarterly earnings data on Monday, July, 21st. The mining company reported ($0.50) earnings per share for the quarter, topping the consensus estimate of ($0.68) by $0.18. The business's revenue for the quarter was up 7.5% on a year-over-year basis.
Read the conference call transcript.

How will Cleveland-Cliffs' stock buyback program work?

Cleveland-Cliffs' Board of Directors authorized a stock buyback plan on Monday, April 22nd 2024, which allows the company to buy back $1,500,000,000 in shares, according to EventVestor. This means that the company could buy up to 17.2% of its stock through open market purchases. Stock repurchase plans are usually a sign that the company's management believes its shares are undervalued.

Does Cleveland-Cliffs have any subsidiaries?

Cleveland-Cliffs subsidiaries include ArcelorMittal, AK Steel, Consolidated Thompson Iron Mines Limited, PinnOak Resources, Cliffs Mining Company, Cliffs Minnesota Mining Company, Cliffs TIOP Holding LLC, and others.

Who are Cleveland-Cliffs' major shareholders?

Cleveland-Cliffs' top institutional shareholders include State Street Corp (5.55%), Slate Path Capital LP (3.18%), Maple Rock Capital Partners Inc. (1.70%) and Geode Capital Management LLC (1.69%). Insiders that own company stock include Lourenco Goncalves, Keith Koci, Terry G Fedor, James D Graham, Celso L Goncalves Jr, Ralph S Michael III, John T Baldwin, Douglas C Taylor, Arlene M Yocum, Susan Miranda Green, Ron A Bloom, Jane M Cronin and Ben Oren.
View institutional ownership trends.

How do I buy shares of Cleveland-Cliffs?

Shares of CLF stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.

What other stocks do shareholders of Cleveland-Cliffs own?

Based on aggregate information from My MarketBeat watchlists, some other companies that Cleveland-Cliffs investors own include NVIDIA (NVDA), Meta Platforms (META), Advanced Micro Devices (AMD), Zomedica (ZOM), Pfizer (PFE), Ford Motor (F) and Tesla (TSLA).

Company Calendar

• Last Earnings: 7/21/2025
• Today: 8/18/2025
• Next Earnings (Estimated): 11/03/2025
• Fiscal Year End: 12/31/2025

Industry, Sector and Symbol

• Stock Exchange: NYSE
• Sector: Basic Materials
• Industry: STEEL - PRODUCERS
• Sub-Industry: Steel
• Current Symbol: NYSE:CLF
• CIK: 764065
• Web: www.clevelandcliffs.com
• Phone: 216-694-5700
• Fax: 216-694-4880
• Employees: 30,000
• Year Founded: 1847

Price Target and Rating

• Average Price Target for Cleveland-Cliffs: $10.96
• High Price Target: $17.00
• Low Price Target: $3.91
• Potential Upside/Downside: +4.0%
• Consensus Rating: Hold
• Rating Score (0-4): 2.44
• Research Coverage: 9 Analysts

Profitability

• EPS (Trailing Twelve Months): ($3.41)
• Trailing P/E Ratio: N/A
• Forward P/E Ratio: N/A
• P/E Growth: N/A
• Net Income: -$754 million
• Net Margins: -9.03%
• Pretax Margin: -11.51%
• Return on Equity: -17.97%
• Return on Assets: -6.03%

Debt

• Debt-to-Equity Ratio: 1.28
• Current Ratio: 2.04
• Quick Ratio: 0.61

Sales & Book Value

• Annual Sales: $19.19 billion
• Price / Sales: 0.27
• Cash Flow: $1.23 per share
• Price / Cash Flow: 8.57
• Book Value: $13.96 per share
• Price / Book: 0.75

Miscellaneous

• Outstanding Shares: 494,700,000
• Free Float: 485,988,000
• Market Cap: $5.21 billion
• Optionable: Optionable
• Beta: 1.99