CLF icon

Cleveland-Cliffs

7.89 USD
-0.33
4.01%
Updated Apr 1, 2:54 PM EDT
1 day
-4.01%
5 days
-15.61%
1 month
-21.80%
3 months
-17.30%
6 months
-39.26%
Year to date
-17.30%
1 year
-65.23%
5 years
107.63%
10 years
73.41%
 

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 7,398 funds
0
Analysts bullish %
of 4 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

17% more first-time investments, than exits

New positions opened: 102 | Existing positions closed: 87

12% more repeat investments, than reductions

Existing positions increased: 195 | Existing positions reduced: 174

1% more funds holding

Funds holding: 558 [Q3] → 564 (+6) [Q4]

0.13% more ownership

Funds ownership: 72.62% [Q3] → 72.75% (+0.13%) [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 (-$967M) [Q4]

Research analyst outlook

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

Low target
$11
39%
upside
Avg. target
$12.48
58%
upside
High target
$15
90%
upside

4 analyst ratings

positive
75%
neutral
25%
negative
0%
Seaport Global
Martin Englert
25% 1-year accuracy
1 / 4 met price target
39%upside
$11
Buy
Maintained
12 Mar 2025
Goldman Sachs
Mike Harris
0% 1-year accuracy
0 / 4 met price target
90%upside
$15
Buy
Maintained
4 Mar 2025
GLJ Research
Gordon Johnson
56% 1-year accuracy
14 / 25 met price target
64%upside
$12.90
Buy
Maintained
27 Feb 2025
Morgan Stanley
Carlos De Alba
29% 1-year accuracy
7 / 24 met price target
39%upside
$11
Equal-Weight
Maintained
3 Feb 2025

Financial journalist opinion

Based on 16 articles about CLF published over the past 30 days

Negative
Benzinga
1 day ago
Tariff Turmoil: Cleveland-Cliffs, Constellium, Freeport-McMoRan Caught In The Crossfire, Says Analyst
President Donald Trump's fresh round of 25% auto import tariffs is shaking up the metals market, and JPMorgan analyst Bill Peterson sees near-term headwinds for key players in steel, aluminum, and copper.
Tariff Turmoil: Cleveland-Cliffs, Constellium, Freeport-McMoRan Caught In The Crossfire, Says Analyst
Negative
Fox Business
4 days ago
Steelmaker to lay off 600 employees at Michigan plant due to weak auto demand
Steelmaker Cleveland-Cliffs will lay off about 600 workers at its Dearborn Works in Michigan and pause some operations due to weak demand for automotive steel.
Steelmaker to lay off 600 employees at Michigan plant due to weak auto demand
Neutral
Zacks Investment Research
6 days ago
CLF Stock Trades Near 52-Week Low: Should You Buy, Hold or Sell?
While CLF benefits from its vertically integrated footprint, cost-saving actions and the Stelco buyout, weaker prices cast a pall on its prospects.
CLF Stock Trades Near 52-Week Low: Should You Buy, Hold or Sell?
Neutral
Zacks Investment Research
1 week ago
Cleveland-Cliffs (CLF) Stock Declines While Market Improves: Some Information for Investors
Cleveland-Cliffs (CLF) reachead $9.29 at the closing of the latest trading day, reflecting a -1.38% change compared to its last close.
Cleveland-Cliffs (CLF) Stock Declines While Market Improves: Some Information for Investors
Negative
Schaeffers Research
1 week ago
Cleveland-Cliffs Stock Falls Amid Auto Pullback
Iron & steel stock Cleveland-Cliffs Inc (NYSE:CLF) was last seen down 3.5% at $9.20, after news broke that the steel producer will temporarily idle two Minnesota facilities.
Cleveland-Cliffs Stock Falls Amid Auto Pullback
Positive
Zacks Investment Research
1 week ago
Cleveland-Cliffs Inc. (CLF) is Attracting Investor Attention: Here is What You Should Know
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 Attracting Investor Attention: Here is What You Should Know
Neutral
Zacks Investment Research
1 week ago
Cleveland-Cliffs (CLF) Stock Declines While Market Improves: Some Information for Investors
Cleveland-Cliffs (CLF) closed the most recent trading day at $9.56, moving -1.24% from the previous trading session.
Cleveland-Cliffs (CLF) Stock Declines While Market Improves: Some Information for Investors
Positive
Seeking Alpha
2 weeks ago
Cleveland-Cliffs: No Panic, A Rebound May Be Near
Cleveland-Cliffs has underperformed, dropping 26% since my initial "Buy" rating, but I maintain my stance due to recent positive trends. Q4 2024 saw the lowest steel demand since 2010, but financial improvements and a strong order book signal a potential turnaround. The inclusion of Stelco and rising HRC prices could significantly boost CLF's revenues, potentially exceeding market expectations.
Cleveland-Cliffs: No Panic, A Rebound May Be Near
Neutral
Zacks Investment Research
2 weeks ago
What Awaits the U.S. Steel Industry as Trump Tariffs Take Effect?
The tariffs will allow U.S. steel stocks like NUE, STLD, CLF and X to capitalize on higher prices and reduced competition against cheaper imported steel.
What Awaits the U.S. Steel Industry as Trump Tariffs Take Effect?
Negative
Market Watch
2 weeks ago
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