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Cleveland-Cliffs Inc (CLF)

NYSE
Currency in USD
12.45
+0.31(+2.55%)
Closed
After Hours
12.44-0.01(-0.08%)
CLF Scorecard
Full Analysis
Management has been aggressively buying back shares
Fair Value
Day's Range
12.2412.72
52 wk Range
10.2122.97
Key Statistics
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Prev. Close
12.14
Open
12.31
Day's Range
12.24-12.72
52 wk Range
10.21-22.97
Volume
6.85M
Average Volume (3m)
13.73M
1-Year Change
-31.82%
Book Value / Share
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Fair Value
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Fair Value Upside
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CLF Scorecardpro icon
Company’s Health
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Fair Value
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Fair Pricepro lock
Upsidepro lock
Price Target
14.61
Upside
+17.35%
Members' Sentiments
Bearish
Bullish
ProTips
High shareholder yield
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Cleveland-Cliffs Inc Company Profile

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. In addition, the company offers tinplate products, such as electrolytic tin coated and chrome coated sheet, and tin mill products; tooling and sampling; 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. 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.

Employees
28000

Cleveland-Cliffs Inc SWOT Analysis


Steel Market Shifts
Explore how recent trends in steel pricing and production are reshaping the industry landscape, impacting Cleveland-Cliffs' market position and growth potential
Competitive Pressures
Delve into the intensifying competition in the automotive sheet segment and rising steel imports, challenging Cleveland-Cliffs' market share and pricing powe
Financial Outlook
Analysts set an $18 price target, reflecting concerns about Cleveland-Cliffs' elevated valuation amid industry headwinds and strategic shifts
Strategic Decisions
Uncover Cleveland-Cliffs' focus on M&A and capital expenditures, balancing growth ambitions with the need for operational efficiency in a dynamic market
Read full SWOT analysis
CLF Full Pro Research
Institutional-Grade Stock Analysis
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Cleveland-Cliffs Inc Earnings Call Summary for Q4/2024

  • Q3 adjusted EBITDA at $124M on 3.8M tons shipped; Stelco acquisition expected to boost margins and flexibility
  • $70M cost improvement projected for 2025 due to better coal contracts; 2025 CapEx forecast at $600M, lowest since 2020
  • Q1 2025 anticipated to see automotive demand rebound and stable pricing; focus on debt repayment post-acquisition
  • Strategic projects at Middletown and Weirton set for late 2026 and 2025 completion; optimism for 2025 across sectors
  • Q3 impacted by low automotive build rates; cautious on EV transition but bullish on Stelco synergies and cost reductions
Last Updated: 11/06/2024, 01:04 AM
Read Full Transcript

Compare CLF to Peers and Sector

Metrics to compare
CLF
Peers
Sector
Relationship
P/E Ratio
−13.3x−12.0x−0.2x
PEG Ratio
0.050.120.00
Price/Book
0.9x1.5x1.6x
Price / LTM Sales
0.3x1.1x1.3x
Upside (Analyst Target)
4.4%20.9%28.4%
Fair Value Upside
Unlock16.1%2.2%Unlock

Analysts' Recommendations

3 Buy
6 Hold
2 Sell
Ratings:
9 analysts
Overall Consensus
Neutral

Analysts 12-Month Price Target:

Average 14.61

(+17.37% Upside)

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FAQ

What Is the Cleveland-Cliffs (CLF) Stock Price Today?

The Cleveland-Cliffs stock price today is 12.45

What Stock Exchange Does Cleveland-Cliffs Trade On?

Cleveland-Cliffs is listed and trades on the NYSE stock exchange.

What Is the Stock Symbol for Cleveland-Cliffs?

The stock symbol for Cleveland-Cliffs is "CLF."

What Is the Cleveland-Cliffs Market Cap?

As of today, Cleveland-Cliffs market cap is 6.15B.

What is Cleveland-Cliffs Earnings Per Share?

The Cleveland-Cliffs EPS is -0.954.

What Is the Next Cleveland-Cliffs Earnings Date?

Cleveland-Cliffs will release its next earnings report on Feb 06, 2025.

From a Technical Analysis Perspective, Is CLF a Buy or Sell?

Based on moving averages and other technical indicators, the daily buy/sell signal is Neutral.
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