What is Cleveland-Cliffs'(CLF) price potential for the next year?
Their forecasts range from $19.20 to $39.00. On average, they expect Cleveland-Cliffs' stock price to reach $26.91 in the next year. This suggests a possible upside of 32.4% from the stock's current price.
Where can I buy CLF shares?
Shares of CLF can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab. Compare Top Brokerages Here.
What is the ticker symbol for Cleveland-Cliffs?
Cleveland-Cliffs trades on the New York Stock Exchange (NYSE) under the ticker symbol "CLF." Who are Cleveland-Cliffs' major shareholders? Cleveland-Cliffs' stock is owned by a number of institutional and retail investors.
Is Cleveland-Cliffs efficiently growing its dividend?
Cleveland-Cliffs does not have a long track record of dividend growth. In the past three months, Cleveland-Cliffs insiders have bought more of their company's stock than they have sold. Specifically, they have bought $1,613,400.00 in company stock and sold $0.00 in company stock. Only 1.34% of the stock of Cleveland-Cliffs is held by insiders.
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Is CLF stock a buy now?
The consensus among 5 Wall Street analysts covering (NYSE: CLF) stock is to Buy CLF stock.
Will CLF go back up?
Based on our forecasts, a long-term increase is expected, the "CLF" stock price prognosis for 2027-07-07 is 61.334 USD. With a 5-year investment, the revenue is expected to be around +309.17%. Your current $100 investment may be up to $409.17 in 2027.
Why is CLF stock going down?
The drop in CLF stock recently has been driven by the fall in iron ore prices. The global price of iron ore per ton has fallen below $100. It currently stands at $94, which marks a decrease of 22% from the level of $121/ton seen a month back. Efforts of decarbonization in China have led to the drop in iron ore prices.
Is Cleveland cliff a good buy?
The Cleveland-Cliffs stock holds a buy signal from the short-term moving average; at the same time, however, the long-term average holds a general sell signal. Since the longterm average is above the short-term average there is a general sell signal in the stock giving a more negative forecast for the stock.
Why is CLF stock rising?
The recent rally has been driven by expectations of strong Q4 2021 results, which will be out on 11th Feb 2022. The results are likely to reflect the benefits of y-o-y higher steel prices and contribution of ArcelorMittal USA and AK Steel acquisitions. Steel prices witnessed a significant rally in 2021.
Does Cleveland-Cliffs have a dividend?
Cleveland-Cliffs (CLF) does not pay a dividend.
What time is CLF earnings report?
Cleveland-Cliffs has confirmed that its next quarterly earnings report will be published on Friday, July 22nd, 2022. Cleveland-Cliffs will be holding an earnings conference call on Friday, July 22nd at 10:00 AM Eastern.
What is Zacks rating of CLF?
Zacks' proprietary data indicates that ClevelandCliffs Inc. is currently rated as a Zacks Rank 5 and we are expecting a below average return from the CLF shares relative to the market in the next few months.
Who owns CLF stock?
Institutional investors purchased a net $20.5 million shares of CLF during the quarter ended June 2019 and now own 61.08% of the total shares outstanding....Top 10 Owners of Cleveland-Cliffs Inc.StockholderSSgA Funds Management, Inc.Stake3.37%Shares owned17,704,617Total value ($)272,119,9639 more columns
Is steel a good investment?
Summary. U.S. Steel was immensely profitable in 2021 and will most likely have a very strong 2022 as well. Investors will benefit from huge shareholder returns this year, as X cleaned up its balance sheet a lot last year.
Should I buy or sell Cleveland-Cliffs stock right now?
6 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Cleveland-Cliffs in the last twelve months. There are currently 2 hold rat...
What is Cleveland-Cliffs' stock price forecast for 2022?
6 brokerages have issued twelve-month price targets for Cleveland-Cliffs' stock. Their CLF stock forecasts range from $23.00 to $47.00. On average,...
How has Cleveland-Cliffs' stock performed in 2022?
Cleveland-Cliffs' stock was trading at $21.77 on January 1st, 2022. Since then, CLF shares have decreased by 9.8% and is now trading at $19.64. Vi...
When is Cleveland-Cliffs' next earnings date?
Cleveland-Cliffs is scheduled to release its next quarterly earnings announcement on Thursday, July 28th 2022. View our earnings forecast for Clev...
How were Cleveland-Cliffs' earnings last quarter?
Cleveland-Cliffs Inc. (NYSE:CLF) released its quarterly earnings data on Friday, April, 22nd. The mining company reported $1.71 earnings per share...
Who are Cleveland-Cliffs' key executives?
Cleveland-Cliffs' management team includes the following people: Mr. C. Lourenco Goncalves , Chairman, Pres & CEO (Age 60) ( LinkedIn Profile )...
What is Lourenco Goncalves' approval rating as Cleveland-Cliffs' CEO?
38 employees have rated Cleveland-Cliffs CEO Lourenco Goncalves on Glassdoor.com . Lourenco Goncalves has an approval rating of 87% among Clevelan...
Who are some of Cleveland-Cliffs' key competitors?
Some companies that are related to Cleveland-Cliffs include Nucor (NUE) , Steel Dynamics (STLD) , Reliance Steel & Aluminum (RS) , United State...
What other stocks do shareholders of Cleveland-Cliffs own?
Based on aggregate information from My MarketBeat watchlists, some companies that other Cleveland-Cliffs investors own include Freeport-McMoRan (F...
About Cleveland-Cliffs
Headlines
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.
Cleveland-Cliffs (NYSE:CLF) Frequently Asked Questions
Cleveland-Cliffs Inc.'s (NYSE:CLF) Stock Has Been Sliding But Fundamentals Look Strong: Is The Market Wrong?
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12 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Cleveland-Cliffs in the last year. There are currently 4 hold ratings and 8 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "buy" Cleveland-Cliffs stock. View analyst ratings for Cleveland-Cliffs or view top-rated stocks.
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Cleveland-Cliffs' (CLF) Earnings & Sales Miss Estimates in Q4
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Cleveland-Cliffs (CLF) Lags Q4 Earnings and Revenue Estimates
Cleveland-Cliffs (CLF) sees sequentially lower shipments in Q4 as automotive production remained light due to supply-chain issues. It envisions higher steel selling prices in 2022.
Cleveland-Cliffs (CLF) to Post Q4 Earnings: What's in the Offing?
Cleveland-Cliffs (CLF) delivered earnings and revenue surprises of -12.32% and 4.96%, respectively, for the quarter ended December 2021. Do the numbers hold clues to what lies ahead for the stock?
Cleveland-Cliffs (CLF) Reports Next Week: Wall Street Expects Earnings Growth
Cleveland-Cliffs (CLF) is likely to have benefited from higher year-over-year steel prices and acquisitions in Q4.
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