CLF icon

Cleveland-Cliffs

9.79 USD
+0.77
8.54%
At close Mar 12, 4:00 PM EDT
Pre-market
9.70
-0.09
0.92%
1 day
8.54%
5 days
-2.59%
1 month
-7.29%
3 months
-10.68%
6 months
-13.74%
Year to date
2.62%
1 year
-52.17%
5 years
141.13%
10 years
90.84%
 

About: Cleveland-Cliffs Inc is a flat-rolled steel producer and manufacturer of iron ore pellets in North America. It is organized into four operating segments based on differentiated products, Steelmaking, Tubular, Tooling and Stamping and European Operations, but operates through one reportable segment -Steelmaking. It is vertically integrated from mined raw materials, direct reduced iron, and ferrous scrap to primary steelmaking and downstream finishing, stamping, tooling and tubing. It serves a diverse range of other markets due to its comprehensive offering of flat-rolled steel products. Geographically, it operates in the United States, Canada and other countries. The majority of revenue is from the United States. It is a supplier of steel to the automotive industry in North America.

Employees: 30,000

0
Funds holding %
of 7,372 funds
0
Analysts bullish %
of 5 analysts

Fund manager confidence

Based on 2024 Q4 regulatory filings by fund managers ($100M+ AUM)

109% more call options, than puts

Call options by funds: $578M | Put options by funds: $276M

16% more first-time investments, than exits

New positions opened: 101 | Existing positions closed: 87

13% more repeat investments, than reductions

Existing positions increased: 195 | Existing positions reduced: 173

1% more funds holding

Funds holding: 558 [Q3] → 563 (+5) [Q4]

0.14% more ownership

Funds ownership: 72.62% [Q3] → 72.76% (+0.14%) [Q4]

0% more funds holding in top 10

Funds holding in top 10: 5 [Q3] → 5 (+0) [Q4]

22% less capital invested

Capital invested by funds: $4.34B [Q3] → $3.37B (-$966M) [Q4]

Research analyst outlook

5 Wall Street Analysts provided 1 year price targets over the past 3 months

Low target
$11
12%
upside
Avg. target
$12.18
24%
upside
High target
$15
53%
upside

5 analyst ratings

positive
60%
neutral
40%
negative
0%
Seaport Global
Martin Englert
20% 1-year accuracy
1 / 5 met price target
12%upside
$11
Buy
Maintained
12 Mar 2025
Goldman Sachs
Mike Harris
0% 1-year accuracy
0 / 4 met price target
53%upside
$15
Buy
Maintained
4 Mar 2025
GLJ Research
Gordon Johnson
59% 1-year accuracy
16 / 27 met price target
32%upside
$12.90
Buy
Maintained
27 Feb 2025
Morgan Stanley
Carlos De Alba
17% 1-year accuracy
4 / 24 met price target
12%upside
$11
Equal-Weight
Maintained
3 Feb 2025
Citigroup
Alexander Hacking
67% 1-year accuracy
6 / 9 met price target
12%upside
$11
Neutral
Maintained
19 Dec 2024

Financial journalist opinion

Based on 33 articles about CLF published over the past 30 days

Positive
CNBC Television
19 hours ago
Cleveland-Cliffs CEO on President Trump's 25% tariffs on steel and aluminum imports
Lourenco Goncalves, Cleveland-Cliffs chairman and CEO, joins CNBC's 'Squawk on the Street' to discuss outlooks on trade, strengthening domestic steel in the U.S., and more.
Cleveland-Cliffs CEO on President Trump's 25% tariffs on steel and aluminum imports
Positive
CNBC Television
1 day ago
Trump raises Canadian steel -- aluminum tariffs to 50% in retaliation for Ontario energy duties
CNBC's Megan Cassella joins 'Squawk on the Street' with the latest news on tariffs.
Trump raises Canadian steel -- aluminum tariffs to 50% in retaliation for Ontario energy duties
Neutral
Business Wire
5 days ago
Cleveland-Cliffs Announces “Buy American” Automotive Incentive Program for Employees
CLEVELAND--(BUSINESS WIRE)--Cleveland-Cliffs Inc. (NYSE: CLF) today announced a company-wide “Buy American” incentive for its nearly 30,000 employees. During the calendar year 2025, any Cleveland-Cliffs employee who purchases or leases a new American-built vehicle with substantial Cliffs' steel content will receive a $1,000 cash bonus in connection with the purchase. Lourenco Goncalves, Cliffs' Chairman, President and CEO said: “We are pleased to do our part to support President Trump's long-te.
Cleveland-Cliffs Announces “Buy American” Automotive Incentive Program for Employees
Neutral
Zacks Investment Research
6 days ago
Cleveland-Cliffs (CLF) Rises As Market Takes a Dip: Key Facts
Cleveland-Cliffs (CLF) closed at $10.06 in the latest trading session, marking a +0.2% move from the prior day.
Cleveland-Cliffs (CLF) Rises As Market Takes a Dip: Key Facts
Positive
Zacks Investment Research
6 days ago
Cleveland-Cliffs Inc. (CLF) Is a Trending Stock: Facts to Know Before Betting on It
Recently, Zacks.com users have been paying close attention to Cleveland-Cliffs (CLF). This makes it worthwhile to examine what the stock has in store.
Cleveland-Cliffs Inc. (CLF) Is a Trending Stock: Facts to Know Before Betting on It
Negative
MarketBeat
1 week ago
Market Correction Here? These Stocks Are Worth Holding
The market's machine is all connected to one simple theme: the level of volatility in the current environment. When volatility is on the rise, fear starts to spread across participants, from individual investors to systematic funds that rely on algorithms to shift and balance their positions.
Market Correction Here? These Stocks Are Worth Holding
Positive
MarketBeat
1 week ago
Why Smart Investors Are Watching These 3 Undervalued Stocks
The market will lose track of what matters every once in a while, and that's where the smartest investors can really take advantage of the situation and come out winners. Today, most of the market's attention (and capital) has centered around the technology sector, betting on higher and higher runs to be made in the world of artificial intelligence and the stocks that support its growth and development.
Why Smart Investors Are Watching These 3 Undervalued Stocks
Positive
Seeking Alpha
1 week ago
Cleveland-Cliffs: 2025 Could Defy Investors' Expectations
Cleveland-Cliffs Inc. just reported its fourth quarter results and there are some important takeaways. The stock's record low valuation could be a major catalyst in 2025 as management seems well-prepared to take advantage of tariffs. Short-term investors are likely to be rewarded in 2025, but I remain sceptical of stock's performance beyond that.
Cleveland-Cliffs: 2025 Could Defy Investors' Expectations
Positive
Seeking Alpha
2 weeks ago
Cleveland-Cliffs Could Be At The Beginning Of A Major Pricing Upcycle
Cleveland-Cliffs Inc. has multiple catalysts coming forth in 2025, driven by an improved macroeconomic environment and US manufacturing outlook. Section 232 tariffs have the ability to benefit Cleveland-Cliffs on multiple fronts, including price support and higher volume sales if imports decline. Cleveland-Cliffs may also benefit from nearshoring manufacturing, potentially driving more domestic construction projects.
Cleveland-Cliffs Could Be At The Beginning Of A Major Pricing Upcycle
Neutral
Business Wire
2 weeks ago
Cleveland-Cliffs Souper Bowl Food Drive Donates 415,000 Pounds of Non-Perishable Food
CLEVELAND--(BUSINESS WIRE)--Cleveland-Cliffs Inc. (NYSE: CLF) announced today that it held its fifth annual Souper Bowl Food Drive across 50 of its operations and offices to address food insecurity in the local communities where the Company operates. Cleveland-Cliffs' employees collected an astounding 415,000 pounds of non-perishable food items during the one-week food drive held in February 2025. In conjunction with the food donations, Cleveland-Cliffs, The Cleveland-Cliffs Foundation and Stel.
Cleveland-Cliffs Souper Bowl Food Drive Donates 415,000 Pounds of Non-Perishable Food
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