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.
How to buy shares in Cleveland-Cliffs
- Compare share trading platforms.Use our comparison table to help you find a platform that fits you.
- Open your brokerage account. Complete an application with your details.
- Confirm your payment details. Fund your account.
- Research the stock. Find the stock by name or ticker symbol – CLF – and research it before deciding if it's a good investment for you.
- Purchase now or later. Buy your desired number of shares with a market order or use a limit order to delay your purchase until the stock reaches a desired price.
- Check in on your investment. Optimize your portfolio by tracking your stock.
What's in this guide?
- CLF shares summary
- Compare share dealing platforms
- Is CLF stock a buy or sell?
- Stock performance over time
- Can I short CLF shares?
- Are CLF shares over-valued?
- Cleveland-Cliffs's financials
- How volatile are CLF shares?
- Does Cleveland-Cliffs pay a dividend?
- Have CLF shares ever split?
- Other common questions
Cleveland-Cliffs stock price (NYSE: CLF)Use our graph to track the performance of CLF stocks over time.
Cleveland-Cliffs shares at a glance
|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|
|Dividend yield||$0 (0%)|
|Earnings per share (TTM)||$1.74|
Buy Cleveland-Cliffs shares from these brokeragesCompare special offers, low fees and a wide range of types of investments among top trading platforms.
*Signup bonus information updated weekly.
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.
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.
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.
Cleveland-Cliffs price performance over time
|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|
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 P/E ratio
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%|
|Market capitalisation||$12.4 billion|
TTM: trailing 12 months
Shorting Cleveland-Cliffs shares
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)
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.
Cleveland-Cliffs share dividends
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").
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 $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.
Stocks similar to Cleveland-Cliffs
Cleveland-Cliffs in the news
Major Warning Signs Point To Market Top
Mraz, Amerine & Associates, Inc. Buys Avantis U.S. Small Cap Value ETF, Avantis International Small Cap Value ETF, CTO Realty Growth Inc, Sells Vidler Water Resources Inc, Applied Materials Inc, iShares Gold Trust
7 Hedge Fund Victims That Could Join the List of Meme Stock Favorites
Frequently asked questionsWhat percentage of Cleveland-Cliffs is owned by insiders or institutions?
Currently 8.876% of Cleveland-Cliffs shares are held by insiders and 66.451% 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
More guides on Finder
How to buy Chobani stock when it goes public
Everything we know about the Chobani IPO, plus information on how to buy in.
How to buy Stronghold Digital Mining (SDIG) stock when it goes public
Everything we know about the Stronghold Digital Mining IPO, plus information on how to buy in.
How to buy ROX Financial LP (ROXA) stock when it goes public
Everything we know about the ROX Financial LP IPO, plus information on how to buy in.
How to buy Argus Capital Corp (ARGU) stock when it goes public
Everything we know about the Argus Capital Corp IPO, plus information on how to buy in.
How to buy RenovoRx (RNXT) stock when it goes public
Everything we know about the RenovoRx IPO, plus information on how to buy in.
How to buy Draganfly (DPRO) stock when it goes public
Everything we know about the Draganfly IPO, plus information on how to buy in.
How to buy Society Pass Incorporated (SOPA) stock when it goes public
Everything we know about the Society Pass Incorporated IPO, plus information on how to buy in.
How to buy Guardforce AI Co (GFAI) stock when it goes public
Everything we know about the Guardforce AI Co IPO, plus information on how to buy in.
How to buy IsoPlexis Corporation (ISO) stock when it goes public
Everything we know about the IsoPlexis Corporation IPO, plus information on how to buy in.
How to buy Marpai (MRAI) stock when it goes public
Everything we know about the Marpai IPO, plus information on how to buy in.
Ask an Expert