Where can I buy CLF shares?
· Cleveland-Cliffs' stock was trading at $4.49 on March 11th, 2020 when Coronavirus (COVID-19) reached pandemic status according to the World Health Organization. Since then, CLF shares have increased by 437.2% and is now trading at $24.12. View which stocks have been most impacted by COVID-19.
Is CLF stock headed for a rebound?
CLF is self contained with feedstock where everyone else is paying $1000/ton for PIG. CLF pays around $200/ton. The full impact won’t be felt until H2/22. But, with a recession barking on the...
What does Cleveland-Cliffs (CLF) stock’s relative strength rating indicate?
· CLF Cleveland-Cliffs Inc — Stock Price and Discussion | Stocktwits. Cleveland-Cliffs Inc NYSE Updated May 13, 2022 5:21 PM. CLF 21.98 0.74 (3.48%) 29,136. Key Data. 52wk Low 15.81. 52wk High 34.04. Mkt Cap 11.15b.
Is Cleveland-Cliffs (CLF) a ‘underperform’ stock?
Find real-time CLF - Cleveland-Cliffs Inc stock quotes, company profile, news and forecasts from CNN Business.
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Is CLF a buy or sell?
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 Buy25.08%2Buy18.56%3Hold10.15%4Sell5.79%2 more rows
Will CLF go up?
Cleveland-Cliffs Inc (NYSE:CLF) The 8 analysts offering 12-month price forecasts for Cleveland-Cliffs Inc have a median target of 34.00, with a high estimate of 47.00 and a low estimate of 24.00. The median estimate represents a +56.39% increase from the last price of 21.74.
Why is CLF going down?
Cleveland-Cliffs stock (NYSE: CLF) dropped almost 12% in just the last one week. In the last ten days it is down almost 10% while if we look at the change over the last one month, the stock is down 12%. The primary reason for the drop has been volatility in commodity prices amidst a resurgence in Covid-positive cases.
Does Cleveland-Cliffs pay a dividend?
CLEVELAND-CLIFFS (NYSE: CLF) does not pay a dividend.
Is CLF a buy right now?
Morgan Stanley is very positive about CLF and gave it a "$23.50 - $24.00" rating on May 11, 2022. The price target was changed from 21.40 to 2.82. Over the last 90 days, this security got 5 buy, 0 sell, and 0 hold ratings.
What is Zacks rating of CLF?
Consensus RecommendationsCurrent (1=Strong Buy, 5=Strong Sell)1.8030 Days Ago2.0060 Days Ago2.0090 Days Ago2.00
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.
Why is CLF stock up?
CLF Stock Surges on Analyst Note In addition to supply issues, analyst Michael Glick pointed to surging domestic demand in North America as a key reason to focus on U.S. steel producers. Notably, Cleveland-Cliffs is the steel maker Glick points to as perhaps the biggest potential winner out of this current situation.
Did CLF suspend its dividend?
CLF suspended its dividend and has no material maturities until 2024, but it has pension expense obligations.
What dividend does CLF pay?
The current TTM dividend payout for Cleveland-Cliffs (CLF) as of May 06, 2022 is $0.00. The current dividend yield for Cleveland-Cliffs as of May 06, 2022 is 0.00%.
What does CLF produce?
We produce carbon, stainless, electrical, and third-generation advanced high-strength carbon and specialty steels for all major markets. We are the leader in the automotive steel marketplace and help our customers design lighter, more fuel-efficient vehicles that maintain superior strength and safety performance.
Is Cleveland-Cliffs a buy right now?
11 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Cleveland-Cliffs in the last twelve months. There are c...
How has Cleveland-Cliffs' stock been impacted by Coronavirus?
Cleveland-Cliffs' stock was trading at $4.49 on March 11th, 2020 when Coronavirus reached pandemic status according to the World Health Organizatio...
When is Cleveland-Cliffs' next earnings date?
Cleveland-Cliffs is scheduled to release its next quarterly earnings announcement on Thursday, April 28th 2022. View our earnings forecast for Cle...
How were Cleveland-Cliffs' earnings last quarter?
Cleveland-Cliffs Inc. (NYSE:CLF) announced its earnings results on Friday, February, 11th. The mining company reported $1.78 EPS for the quarter, m...
What price target have analysts set for CLF?
11 Wall Street analysts have issued 12-month price objectives for Cleveland-Cliffs' shares. Their forecasts range from $19.20 to $39.00. On average...
What are Wall Street analysts saying about Cleveland-Cliffs stock?
Here are some recent quotes from research analysts about Cleveland-Cliffs stock: 1. According to Zacks Investment Research, "Earnings estimates fo...
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 is the CLF symbol?
What is the average rating of Cleveland Cliffs?
Cleveland-Cliffs trades on the New York Stock Exchange (NYSE) under the ticker symbol "CLF."
How much does Cleveland Cliffs make?
Cleveland-Cliffs has received a consensus rating of Buy. The company's average rating score is 2.75, and is based on 9 buy ratings, 3 hold ratings, and no sell ratings.
What is Cleveland Cliffs?
Cleveland-Cliffs has a market capitalization of $11.12 billion and generates $5.35 billion in revenue each year. The mining company earns $-122,000,000.00 in net income (profit) each year or $0.17 on an earnings per share basis.
What is the official website for Cleveland Cliffs?
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.
Does Cleveland Cliffs pay dividends?
The official website for Cleveland-Cliffs is www.clevelandcliffs.com.
When do compensatory stock options expire?
Cleveland-Cliffs does not currently pay a dividend.
What is the short interest rate in October 2019?
This transaction represents the exempt exercise of compensatory stock options, the expiration date of which is November 17, 2021. The Reporting Person is exercising these stock options with. cash and holding all 250,000 shares to avoid forfeiture of such stock options at their upcoming expiration.
When did Cleveland Cliffs merge with AK Steel?
In October 2019, short interest hovered around 24%, now it is down to 10-11. Again, more time solidifying new business plan, good quarterlies, and debt paydown should do the trick.
Where are Cleveland Cliffs mines located?
In December 2019 , Cleveland-Cliffs entered into a definitive merger agreement with AK Steel. The deal was successfully completed in March 2020. Post completion of the transaction, Cleveland-Cliffs owns around 68% of the combined company on a fully-diluted basis, with AK Steel shareholders owning roughly 32%.
Is Cleveland Cliffs a reportable segment?
Cleveland-Cliffs has ownership in three mines in Minnesota (Hibbing Taconite, Northshore and United Taconite mines) and two in Michigan (Empire and Tilden mines). Notably, the Empire mine historically had annual rated capacity of 5.5 million long tons.
What is Cleveland Cliffs?
Cleveland-Cliffs updated its segment structure following the ArcelorMittal USA buyout and now has one reportable segment, Steelmaking. The earlier Mining and Pelletizing division is now included within Steelmaking while other remaining operating segments including Tooling and Stamping are classified as Other Businesses.
Where are Cleveland Cliffs located?
Cleveland-Cliffs Inc is a flat-rolled steel producer and a manufacturer of iron ore pellets in North America. It is vertically integrated from mined raw materials and direct reduced iron to primary steelmaking and downstream finishing, stamping, tooling and tubing. The company serves a diverse range of markets due to its comprehensive offering of flat-rolled steel products and supplying of steel to the automotive industry in North America. The group employ
What is market cap?
Cleveland-Cliffs Inc is an independent iron ore mining company in the United States and is a supplier of iron ore pellets to the North American steel industry from its mines and processing facilities located in Michigan and Minnesota.
Does market cap include convertible securities?
Market Cap (Capitalization) is a measure of the estimated value of the common equity securities of the company or their equivalent. It does not include securities convertible into the common equity securities. "Market Cap" is derived from the last sale price for the displayed class of listed securities and the total number of shares outstanding for both listed and unlisted securities (as applicable). NASDAQ does not use this value to determine compliance with the listing requirements.
