Why should you buy Cleveland-Cliffs (CLF) stock today?
Apr 13, 2022 · Cleveland-Cliffs, Inc. is a flat-rolled steel producer, which supplies iron ore pellets to the North American steel industry. It engages in …
Who holds Cleveland-Cliffs'stock?
13 hours ago · One company to watch right now is ClevelandCliffs (CLF). CLF is currently sporting a Zacks Rank of #1 (Strong Buy), as well as a Value …
What is the ticker symbol for Cleveland-Cliffs?
Apr 07, 2022 · Cleveland-Cliffs Inc. is an American mining company founded in 1846. It is the largest supplier of iron ore pellets to the steel industry in North America. Currently owns and operates four iron ore mines located in Michigan and Minnesota (USA).
What is the market capitalization of Cleveland-Cliffs Inc?
Why Cleveland-Cliffs Stock Soared in March. Shares in steelmaker Cleveland-Cliffs (NYSE: CLF) surged a remarkable 44.1% in March, according to data provided by S&P Global Market Intelligence. The ...
Is Cleveland-Cliffs a publicly traded company?
Cleveland-Cliffs Inc....Cleveland-Cliffs.TypePublic companyTraded asNYSE: CLF S&P 400 Index componentIndustryIron ore Direct reduced iron SteelFounded1847 as Cleveland Iron Company in Cleveland, Ohio13 more rows
What ETF is Cleveland-Cliffs in?
Cleveland-Cliffs Inc is a company in the U.S. stock market and it is a holding in 125 U.S.-traded ETFs. CLF has around 64.2M shares in the U.S. ETF market. The largest ETF holder of CLF is the iShares Core S&P Mid-Cap ETF (IJH), with approximately 12.83M shares.
Is Cleveland-Cliffs a material stock?
Cleveland-Cliffs, however, is his favorite because it is “long raw materials via its iron ore assets, pellets with excess capacity, [hot-briquetted iron] plant, scrap business and also has key steelmaking assets for the automotive industry,” Glick writes.Mar 24, 2022
What kind of company is Cleveland-Cliffs?
flat-rolled steel producerCompany Description Cleveland-Cliffs, Inc. is a flat-rolled steel producer, which supplies iron ore pellets to the North American steel industry. It engages in the production of metallics and coke, iron making, steelmaking, rolling and finishing, and downstream tubular components, stamping, and tooling.
What indexes are CLF in?
Cleveland-Cliffs's index membership is Russell 2000, Russell 3000 and S&P Smallcap 600.
Is Cleveland-Cliffs stock a buy?
Is Cleveland-Cliffs Inc. stock A Buy? Several short-term signals, along with a general good trend, are positive and we conclude that the current level may hold a buying opportunity as there is a fair chance for Cleveland-Cliffs Inc. stock to perform well in the short-term.
Will Cleveland-Cliffs stock go up?
Stock Price Forecast The 8 analysts offering 12-month price forecasts for Cleveland-Cliffs Inc have a median target of 31.00, with a high estimate of 46.00 and a low estimate of 23.50. The median estimate represents a +0.65% increase from the last price of 30.80.
Is CLF stock a buy?
A company with a P/E ratio of 40 and a growth rate of 50% would have a PEG ratio of 0.80 (40 / 50 = 0.80)....Momentum Scorecard. More Info.Zacks RankDefinitionAnnualized Return1Strong Buy24.93%2Buy18.44%3Hold9.99%4Sell5.61%2 more rows
What companies did Cleveland-Cliffs buy?
Cleveland-Cliffs is the Largest Flat‑Rolled Steel Producer in North America. Following the acquisitions of ArcelorMittal USA and AK Steel, and the completion of our Toledo Direct Reduction plant, Cleveland-Cliffs is a different company. We are a vertically integrated high-value steel enterprise.
How does Cleveland-Cliffs make money?
Founded in 1847 as a mine operator, Cliffs also is the largest manufacturer of iron ore pellets in North America. The Company is vertically integrated from mined raw materials, direct reduced iron, and ferrous scrap to primary steelmaking and downstream finishing, stamping, tooling, and tubing.Feb 11, 2022
Who owns Cleveland-Cliffs steel?
Cleveland-Cliffs Inc., a Cleveland-based iron ore and steel company that recently swelled in size by buying AK Steel for $1.1 billion, has reached an agreement with Luxembourg-based multinational steel giant ArcelorMittal to acquire its U.S. assets, including its Northwest Indiana steel mills, for $1.4 billion in stock ...Sep 28, 2020
Cleveland-Cliffs (CLF) Stock Sinks As Market Gains: What You Should Know
Cleveland-Cliffs Announces Executive Management Promotions
Cleveland-Cliffs (CLF) closed at $24.01 in the latest trading session, marking a -1.48% move from the prior day.
Top Stocks for September 2021
CLEVELAND, August 30, 2021--Cleveland-Cliffs Inc. (NYSE: CLF) today announced the promotion of three key leaders at the executive level, effective September 1, 2021.
Behind Cleveland-Cliffs Stock Strength Is a Brazilian Betting on America
The Russell 1000 Index is a market-capitalization-weighted index of the 1,000 largest publicly traded companies in the U.S. It represents approximately 92% of the total market capitalization of all listed stocks in the U.S. equity market.
Cleveland-Cliffs (CLF) Crossed Above the 20-Day Moving Average: What That Means for Investors
Since mid-May, the strongest stock in my retirement portfolio has been Cleveland-Cliffs (NYSE:CLF). I didn’t go all-in on the steelmaker. But I have seen a 26% gain in CLF stock in just three months. This despite several bear attacks that, at one point in July, had me sitting on a loss in my position.
Cleveland-Cliffs Reports Final Results of the Company-Wide COVID Vaccination Incentive Program
When a stock breaks out above the 20-day simple moving average, good things could be on the horizon. How should investors react?
Top Materials Stocks for September 2021
CLEVELAND, August 24, 2021--Cleveland-Cliffs Inc. (NYSE: CLF) today announced the results of its COVID-19 Vaccination Incentive Program.
Historical and forecast chart of Cleveland-Cliffs stock
These are the materials stocks with the best value, fastest growth, and most momentum for September 2021.
Cleveland-Cliffs Daily Price Targets
The chart below shows the historical price of Cleveland-Cliffs stock and a prediction chart for the next month. For convenience, prices are divided by color. Forecast prices include: Optimistic Forecast, Pessimistic Forecast, and Weighted Average Best Forecast. Detailed values for the Cleveland-Cliffs stock price can be found in the table below.
Cleveland-Cliffs forecast for this year
Forecast target price for 07-29-2021: $ 22.09. Positive dynamics for Cleveland-Cliffs shares will prevail with possible volatility of 4.188%.
Cleveland-Cliffs information and performance
An downtrend is forecast for this month with an optimal target price of $ 18.9031. Pessimistic: $16.94. Optimistic: $20.82
Cleveland-Cliffs (CLF) stock dividend
Cleveland-Cliffs Inc. is an American mining company founded in 1846. It is the largest supplier of iron ore pellets to the steel industry in North America. Currently owns and operates four iron ore mines located in Michigan and Minnesota (USA).
Cleveland-Cliffs (CLF) Gains As Market Dips: What You Should Know
Cleveland-Cliffs last paid dividends on 04/02/2020. The next scheduled payment will be on 04/15/2020. The amount of dividends is $0 per share. If the date of the next dividend payment has not been updated, it means that the issuer has not yet announced the exact payment.
Cleveland-Cliffs Merits an Updated Strategy Based on Its Charts
Cleveland-Cliffs (CLF) closed at $23.34 in the latest trading session, marking a +0.69% move from the prior day.
Top Steel Stocks for Q4 2021
A potential correction could provide a buying opportunity for longer-term investors in the producer of steel and iron ore.
Cleveland-Cliffs (CLF) Stock Sinks As Market Gains: What You Should Know
The steel industry is part of the basic materials sector and consists of companies involved in steel production, mining, and related activities. Although steel historically has been a major U.S. industry, the number of steel mills that produce the metal has declined sharply in the past several decades due to foreign competition.
Top Stocks for September 2021
Cleveland-Cliffs (CLF) closed at $24.01 in the latest trading session, marking a -1.48% move from the prior day.
Behind Cleveland-Cliffs Stock Strength Is a Brazilian Betting on America
The Russell 1000 Index is a market-capitalization-weighted index of the 1,000 largest publicly traded companies in the U.S. It represents approximately 92% of the total market capitalization of all listed stocks in the U.S. equity market.
Cleveland-Cliffs (CLF) Crossed Above the 20-Day Moving Average: What That Means for Investors
Since mid-May, the strongest stock in my retirement portfolio has been Cleveland-Cliffs (NYSE:CLF). I didn’t go all-in on the steelmaker. But I have seen a 26% gain in CLF stock in just three months. This despite several bear attacks that, at one point in July, had me sitting on a loss in my position.
