Cleveland Cliffs Stock Today
CLF Stock | USD 11.48 0.09 0.79% |
PerformanceWeak
| Odds Of DistressLow
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Cleveland Cliffs is trading at 11.48 as of the 17th of February 2025. This is a 0.79 percent increase since the beginning of the trading day. The stock's lowest day price was 11.16. Cleveland Cliffs has about a 23 % chance of experiencing some form of financial distress in the next two years of operation and did not have a very good performance during the last 90 trading days. Note, on June 14, 2024, Senator Tommy Tuberville of US Senate acquired $100k to $250k worth of Cleveland Cliffs's common stock.
Business Domain Materials | IPO Date 5th of November 1987 | Category Basic Materials |
Cleveland-Cliffs Inc. operates as a flat-rolled steel producer in North America. The company was founded in 1847 and is headquartered in Cleveland, Ohio. Cleveland Cliffs operates under Steel classification in the United States and is traded on New York Stock Exchange. The company has 493.94 M outstanding shares of which 42.18 M shares are currently shorted by investors with about 3.31 days to cover. More on Cleveland Cliffs
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Cleveland Stock Highlights
ESG Sustainability
Environmental | Governance | Social |
Chairman | Lourenco Goncalves | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Old Names | [China Life Insurance Co Ltd, China Life Insurance Company Limited, CLIFFS, Concentrated Leaders Fund Limited] | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Business Concentration | Metals & Mining, Materials, Basic Materials, NYSE Composite, SP Midcap 400, Non-Metallic and Industrial Metal Mining, Materials, Metals & Mining, Steel, Basic Materials (View all Sectors) | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
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Financial Strength
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Debt LevelsCleveland Cliffs can leverage the use of borrowed funds to amplify returns from an investment. In general, analyzing the relationship between debt to total assets helps investors to understand Cleveland Cliffs' financial leverage. It provides some insight into what part of Cleveland Cliffs' total assets is financed by creditors.
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Cleveland Cliffs (CLF) is traded on New York Stock Exchange in USA. It is located in 200 Public Square, Cleveland, OH, United States, 44114-2315 and employs 30,000 people. Cleveland Cliffs is listed under Metals & Mining category by Fama And French industry classification. The company currently falls under 'Mid-Cap' category with a total capitalization of 5.67 B. Cleveland Cliffs runs under Metals & Mining sector within Materials industry. The entity has 493.94 M outstanding shares of which 42.18 M shares are currently shorted by investors with about 3.31 days to cover.
Cleveland Cliffs has about 26 M in cash with 2.27 B of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.11.
Check Cleveland Cliffs Probability Of Bankruptcy
Ownership AllocationCleveland Cliffs holds a total of 493.94 Million outstanding shares. The majority of Cleveland Cliffs outstanding shares are owned by other corporate entities. These outside corporations are usually referred to as non-private investors looking to acquire positions in Cleveland Cliffs to benefit from reduced commissions. Consequently, institutional investors are subject to a different set of regulations than regular investors in Cleveland Cliffs. Please pay attention to any change in the institutional holdings of Cleveland Cliffs as this could imply that something significant has changed or is about to change at the company. Please note that on June 14, 2024, Senator Tommy Tuberville of US Senate acquired $100k to $250k worth of Cleveland Cliffs's common stock.
Check Cleveland Ownership Details
Cleveland Stock Institutional Holders
Instituion | Recorded On | Shares | |
Norges Bank | 2024-12-31 | 4.8 M | |
Drexel Morgan & Company, Llc | 2024-12-31 | 4.3 M | |
Charles Schwab Investment Management Inc | 2024-12-31 | 4.2 M | |
Holocene Advisors, Lp | 2024-12-31 | 4 M | |
Neuberger Berman Group Llc | 2024-09-30 | 3.8 M | |
American Century Companies Inc | 2024-12-31 | 3.6 M | |
Fisher Asset Management, Llc | 2024-12-31 | 3.4 M | |
Hodges Capital Management Inc | 2024-12-31 | 3.3 M | |
Mirae Asset Global Etfs Holdings Ltd. | 2024-09-30 | 3.3 M | |
Vanguard Group Inc | 2024-12-31 | 48.8 M | |
Blackrock Inc | 2024-09-30 | 45.5 M |
Cleveland Cliffs Historical Income Statement
Cleveland Stock Against Markets
Cleveland Cliffs Corporate Directors
Eric Rychel | Independent Director | Profile | |
Susan Green | Independent Director | Profile | |
William Gerber | Independent Director | Profile | |
John Baldwin | Independent Director | Profile |
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Cleveland Cliffs. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of economic analysis. For more detail on how to invest in Cleveland Stock please use our How to Invest in Cleveland Cliffs guide.You can also try the Portfolio Center module to all portfolio management and optimization tools to improve performance of your portfolios.
Is Metals & Mining space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Cleveland Cliffs. If investors know Cleveland will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Cleveland Cliffs listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth (0.99) | Earnings Share (0.94) | Revenue Per Share | Quarterly Revenue Growth (0.18) | Return On Assets |
The market value of Cleveland Cliffs is measured differently than its book value, which is the value of Cleveland that is recorded on the company's balance sheet. Investors also form their own opinion of Cleveland Cliffs' value that differs from its market value or its book value, called intrinsic value, which is Cleveland Cliffs' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Cleveland Cliffs' market value can be influenced by many factors that don't directly affect Cleveland Cliffs' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Cleveland Cliffs' value and its price as these two are different measures arrived at by different means. Investors typically determine if Cleveland Cliffs is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Cleveland Cliffs' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.