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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.
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| Latest market close | $20.12 |
|---|---|
| 52-week range | $5.09 - $25.83 |
| 50-day moving average | $21.74 |
| 200-day moving average | $18.61 |
| Wall St. target price | $26.42 |
| PE ratio | 14.2345 |
| Dividend yield | $0 (0%) |
| Earnings per share (TTM) | $1.74 |
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The value of any investment can go up or down depending on news, trends and market conditions. We are not investment advisers, so do your own due diligence to understand the risks before you invest.
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.
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.
Historical closes compared with the close of $20.12 from 2021-05-28
| 1 week (2021-07-25) | N/A |
|---|---|
| 1 month (2021-07-02) | -10.06% |
| 3 months (2021-05-05) | -0.40% |
| 6 months (2021-02-01) | N/A |
| 1 year (2020-08-01) | N/A |
|---|---|
| 2 years (2019-08-01) | N/A |
| 3 years (2018-08-01) | N/A |
| 5 years (2016-08-01) | N/A |
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 current share price divided by its per-share earnings (EPS) over a 12-month period gives a "trailing price/earnings ratio" of roughly 14x. In other words, Cleveland-Cliffs shares trade at around 14x recent earnings.
That's relatively low compared to, say, the trailing 12-month P/E ratio for the NASDAQ 100 at the end of 2019 (27.29). The low P/E ratio could mean that investors are pessimistic about the outlook for the shares or simply that they're under-valued.
Cleveland-Cliffs's EBITDA (earnings before interest, taxes, depreciation and amortisation) is $2.4 billion.
The EBITDA is a measure of a Cleveland-Cliffs's overall financial performance and is widely used to measure a its profitability.
| Revenue TTM | $13 billion |
|---|---|
| Operating margin TTM | 13.86% |
| Gross profit TTM | $477 million |
| Return on assets TTM | 8.58% |
| Return on equity TTM | 34.31% |
| Profit margin | 6.73% |
| Book value | $6.47 |
| Market capitalisation | $12.4 billion |
TTM: trailing 12 months
There are currently 44.3 million Cleveland-Cliffs shares held short by investors – that's known as Cleveland-Cliffs's "short interest". This figure is 7.1% down from 47.6 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) is the quantity of Cleveland-Cliffs shares currently shorted divided by the average quantity of Cleveland-Cliffs shares traded daily (recently around 29.5 million). Cleveland-Cliffs's SIR currently stands at 1.5. In other words for every 100,000 Cleveland-Cliffs shares traded daily on the market, roughly 1500 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 0.09% of the outstanding shares (for every 100,000 Cleveland-Cliffs shares in existence, roughly 90 shares are currently held short) or 0.0973% 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.
Dividend payout ratio: 7.04% of net profits
Recently Cleveland-Cliffs has paid out, on average, around 7.04% of net profits as dividends. That has enabled analysts to estimate a "forward annual dividend yield" of 3.45% of the current stock value. This means that over a year, based on recent payouts (which are sadly no guarantee of future payouts), Cleveland-Cliffs shareholders could enjoy a 3.45% return on their shares, in the form of dividend payments. In Cleveland-Cliffs's case, that would currently equate to about $0 per share.
While Cleveland-Cliffs's payout ratio might seem low, this can signify that Cleveland-Cliffs is investing more in its future growth.
Cleveland-Cliffs's most recent dividend payout was on 14 April 2020. The latest dividend was paid out to all shareholders who bought their shares by 1 April 2020 (the "ex-dividend date").
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.
Over the last 12 months, Cleveland-Cliffs's shares have ranged in value from as little as $5.0922 up to $25.83. 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 2.3014. 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 Inc. operates as a flat-rolled steel producer in North America. It also manufactures iron ore pellets. The company is vertically integrated from mined raw materials and direct reduced iron to primary steelmaking and downstream finishing, stamping, tooling, and tubing. It serves a range of markets through offering of flat-rolled steel products and supplies steel to the automotive industry. The company was formerly known as Cliffs Natural Resources Inc. and changed its name to Cleveland-Cliffs Inc.
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