How to buy Cleveland-Cliffs stock

Cleveland-Cliffs Inc is a steel business based in the US. Cleveland-Cliffs shares (CLF) are listed on the NYSE and all prices are listed in US Dollars. Cleveland-Cliffs employs 25,000 staff and has a trailing 12-month revenue of around 0.00.

Cleveland-Cliffs share price

Use our graph to track the performance of CLF stocks over time.

Cleveland-Cliffs shares at a glance

• Key figures

Information last updated 2021-04-30.

52-week range	$3.77 - $20.87
50-day moving average	$17.38
200-day moving average	$14.11
Wall St. target price	$20.85
PE ratio	N/A
Dividend yield	$0 (0%)
Earnings per share (TTM)	$0.92

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Is it a good time to buy Cleveland-Cliffs stock?

The technical analysis gauge below displays real-time ratings for the timeframes you select. This is not a recommendation, however. It represents a technical analysis based on the most popular technical indicators: Moving Averages, Oscillators and Pivots. Finder might not concur and takes no responsibility.

Technical Analysis of Cleveland-Cliffs Inc by TradingView

This chart is not advice or a guarantee of success. Rather, it gauges the real-time recommendations of three popular technical indicators: moving averages, oscillators and pivots. Finder is not responsible for how your stock performs.

Is Cleveland-Cliffs under- or over-valued?

Valuing Cleveland-Cliffs stock is incredibly difficult, and any metric has to be viewed as part of a bigger picture of Cleveland-Cliffs's overall performance. However, analysts commonly use some key metrics to help gauge the value of a stock.

Cleveland-Cliffs's EBITDA

Cleveland-Cliffs's EBITDA (earnings before interest, taxes, depreciation and amortisation) is $985 million.

The EBITDA is a measure of a Cleveland-Cliffs's overall financial performance and is widely used to measure a its profitability.

Cleveland-Cliffs financials

Revenue TTM	$9 billion
Operating margin TTM	5.47%
Gross profit TTM	$477 million
Return on assets TTM	2.37%
Return on equity TTM	1.07%
Profit margin	-0.32%
Book value	$4.79
Market capitalisation	$8.7 billion

TTM: trailing 12 months

Shorting Cleveland-Cliffs shares

There are currently 41.9 million Cleveland-Cliffs shares held short by investors – that's known as Cleveland-Cliffs's "short interest". This figure is 3% down from 43.2 million last month.

There are a few different ways that this level of interest in shorting Cleveland-Cliffs shares can be evaluated.

Cleveland-Cliffs's "short interest ratio" (SIR)

Cleveland-Cliffs's "short interest ratio" (SIR) is the quantity of Cleveland-Cliffs shares currently shorted divided by the average quantity of Cleveland-Cliffs shares traded daily (recently around 20.0 million). Cleveland-Cliffs's SIR currently stands at 2.09. In other words for every 100,000 Cleveland-Cliffs shares traded daily on the market, roughly 2090 shares are currently held short.

However Cleveland-Cliffs's short interest can also be evaluated against the total number of Cleveland-Cliffs shares, or, against the total number of tradable Cleveland-Cliffs shares (the shares that aren't held by "insiders" or major long-term shareholders – also known as the "float"). In this case Cleveland-Cliffs's short interest could be expressed as 0.08% of the outstanding shares (for every 100,000 Cleveland-Cliffs shares in existence, roughly 80 shares are currently held short) or 0.0971% of the tradable shares (for every 100,000 tradable Cleveland-Cliffs shares, roughly 97 shares are currently held short).

Such a low SIR usually points to an optimistic outlook for the share price, with fewer people currently willing to bet against Cleveland-Cliffs.

Find out more about how you can short Cleveland-Cliffs stock.

Cleveland-Cliffs share dividends

We're not expecting Cleveland-Cliffs to pay a dividend over the next 12 months.

Have Cleveland-Cliffs's shares ever split?

Cleveland-Cliffs's shares were split on a 2:1 basis on 15 May 2008. So if you had owned 1 share the day before before the split, the next day you'd have owned 2 shares. This wouldn't directly have changed the overall worth of your Cleveland-Cliffs shares – just the quantity. However, indirectly, the new 50% lower share price could have impacted the market appetite for Cleveland-Cliffs shares which in turn could have impacted Cleveland-Cliffs's share price.

Cleveland-Cliffs share price volatility

Over the last 12 months, Cleveland-Cliffs's shares have ranged in value from as little as $3.7681 up to $20.87. A popular way to gauge a stock's volatility is its "beta".

Beta is a measure of a share's volatility in relation to the market. The market (NYSE average) beta is 1, while Cleveland-Cliffs's is 2.2951. This would suggest that Cleveland-Cliffs's shares are significantly more volatile than the average for this exchange and represent a higher risk.

Cleveland-Cliffs overview

Cleveland-Cliffs Inc. operates as an independent iron ore mining company in the United States, Canada, and internationally. It operates in two segments, Mining and Pelletizing, and Metallics. The company operates three iron ore mines, including the Tilden mine in Michigan; and the Northshore and United Taconite mines in Minnesota, as well as holds 23% stake in the Hibbing mine in Minnesota. It produces various grades of iron ore pellets, including standard, fluxed, and DR-grade for blast furnace steel producers; and flat-rolled carbon, stainless, and electrical steel products primarily for the automotive, infrastructure, and manufacturing markets. The company was formerly known as Cliffs Natural Resources Inc. and changed its name to Cleveland-Cliffs Inc.

Frequently asked questions

• What percentage of Cleveland-Cliffs is owned by insiders or institutions?

  Currently 8.866% of Cleveland-Cliffs shares are held by insiders and 59.717% by institutions.

• How many people work for Cleveland-Cliffs?

  Latest data suggests 25,000 work at Cleveland-Cliffs.

• When does the fiscal year end for Cleveland-Cliffs?

  Cleveland-Cliffs's fiscal year ends in December.

• Where is Cleveland-Cliffs based?

  Cleveland-Cliffs's address is: 200 Public Square, Cleveland, OH, United States, 44114-2315

• What is Cleveland-Cliffs's ISIN number?

  Cleveland-Cliffs's international securities identification number is: US1858991011

• What is Cleveland-Cliffs's CUSIP number?

  Cleveland-Cliffs's Committee on Uniform Securities Identification Procedures number is: 185896107