NYSE:CLF - New York Stock Exchange, Inc. - US1858991011 - Common Stock - Currency: USD
CLEVELAND-CLIFFS INC
NYSE:CLF (2/4/2025, 8:04:00 PM)
Premarket: 10.5 -0.02 (-0.19%)10.52
+0.78 (+8.01%)
The current stock price of CLF is 10.52 USD. In the past month the price increased by 10.74%. In the past year, price decreased by -47.06%.
The Ohio-based company called 2024 the “worst year” for domestic steel demand since 2010 and underscored that it was hit due to muted demand from the automotive industry.
Cleveland-Cliffs, a leading domestic steel supplier, predicts 2024 to be a tough year due to muted demand and economic headwinds, but expects recovery in 2025 with support from Trump's agenda.
Cleveland-Cliffs Inc. (NYSE:CLF) shares are trading lower Monday after the company reported preliminary results. For the fourth quarter of 2024, Cleveland-Cliffs expects steel shipments of 3.8 million net tons, with revenues of around $4.30 billion (vs. consensus of $4.49 billion). Also, the company anticipates an adjusted EBITDA loss of about $85 million in the quarter. For 2024, steel shipments are expected to reach 15.6 million net tons, with revenues around $19.2 billion (vs. street view of
Symbol | Name | TA | FA | PE | Market Cap |
---|---|---|---|---|---|
VALE | VALE SA-SP ADR | 4.37 | 40.25B | ||
NUE | NUCOR CORP | 14.78 | 30.72B | ||
MT | ARCELORMITTAL-NY REGISTERED | 7.51 | 21.40B | ||
STLD | STEEL DYNAMICS INC | 12.9 | 19.24B | ||
RS | RELIANCE INC | 15.38 | 15.25B | ||
PKX | POSCO HOLDINGS INC -SPON ADR | 15.87 | 12.63B | ||
CRS | CARPENTER TECHNOLOGY | 30.01 | 9.57B | ||
ATI | ATI INC | 25.8 | 9.09B | ||
X | UNITED STATES STEEL CORP | 18.09 | 8.51B | ||
GGB | GERDAU SA -SPON ADR | N/A | 6.00B | ||
TX | TERNIUM SA-SPONSORED ADR | 7.61 | 5.98B | ||
CMC | COMMERCIAL METALS CO | 13.39 | 5.47B |
Cleveland-Cliffs, Inc. operates as a flat-rolled steel company, which supplies iron ore pellets to the North American steel industry. The company is headquartered in Cleveland, Ohio and currently employs 28,000 full-time employees. The firm is vertically integrated from mined raw materials, direct reduced iron, and ferrous scrap to primary steelmaking and downstream finishing, stamping, tooling, and tubing. The company offers advanced high-strength steels (AHSS), hot-dipped galvanized, aluminized, galvalume, electrogalvanized, galvanneal, hot-rolled coil (HRC), cold-rolled coil, plate, tinplate, grain oriented electrical steel (GOES), non-oriented electrical steel (NOES), stainless steels, tool and die, stamped components, rail, slab and cast ingot. Its tubular components and tooling and stamping segments provide carbon and stainless steel tubing products, advanced-engineered solutions, tool design and build, hot and cold stamped steel components and complex assemblies. The company serves various markets, such as automotive, infrastructure and manufacturing, steel producers, and distributors and converters.
CLEVELAND-CLIFFS INC
200 Public Square, Ste. 3300
CLEVELAND OHIO 44114 US
CEO: C. L. Goncalves
Employees: 28000
Company Website: https://www.clevelandcliffs.com/
Investor Relations: https://www.clevelandcliffs.com/investors
Phone: 12166945700
The current stock price of CLF is 10.52 USD.
The exchange symbol of CLEVELAND-CLIFFS INC is CLF and it is listed on the New York Stock Exchange, Inc. exchange.
CLF stock is listed on the New York Stock Exchange, Inc. exchange.
Always make your own analysis. On these pages you can find a full technical and fundamental analysis report for CLF, which may be a starting point for your analysis. You can also find the financials, news, analyst ratings and estimates here, which can be used to increase your understanding of CLF.
CLF does not pay a dividend.
CLF will report earnings on 2025-02-24, after the market close.
CLF does not have a PE ratio as the earnings reported over the last twelve months were negative (-0.39).
The outstanding short interest for CLF is 9.46% of its float.
ChartMill assigns a technical rating of 1 / 10 to CLF. When comparing the yearly performance of all stocks, CLF is a bad performer in the overall market: 91.31% of all stocks are doing better.
ChartMill assigns a fundamental rating of 2 / 10 to CLF. CLF may be in some trouble as it scores bad on both profitability and health.
Over the last trailing twelve months CLF reported a non-GAAP Earnings per Share(EPS) of -0.39. The EPS increased by -158.21% compared to the year before.
Industry Rank | Sector Rank | ||
---|---|---|---|
PM (TTM) | N/A | ||
ROA | -2.75% | ||
ROE | -6.74% | ||
Debt/Equity | 0.55 |
ChartMill assigns a Buy % Consensus number of 67% to CLF. The Buy consensus is the average rating of analysts ratings from 18 analysts.
For the next year, analysts expect an EPS growth of -201.33% and a revenue growth -12.01% for CLF