MARKET COMPOSITE
CLF - Cleveland-Cliffs Inc8:00:02 PM 6/14/2024
Price
$14.91
+ 0.05 (0.34%)
Cleveland-Cliffs, Inc., formerly Cliffs Natural Resources, is a Cleveland, Ohio-based company that specializes in the mining, beneficiation, and pelletizing of iron ore. The company is a public company. Cleveland-Cliffs' primary operations are organized and managed according to product category: Mining & Pelletizing and Metallics. On August 15, 2017, the company announced it was dropping the Cliffs Natural Resources name and returning to its old brand name, Cleveland-Cliffs Inc.
Financials
Quarterly financials
(USD)Mar 2024Q/Q
Revenue5.2B+2%
Gross Profit285MM-
Cost Of Revenue4.9B-1%
Operating Income-38MM-62%
Operating Expenses323MM-
Net Income-67MM-57%
G&A132MM-16%
Amortization4MM+33%
Stock Chart

Short Volume Ratio = Short Volume / All Volume. Source of Short Volume data comes from 

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Stock news

    On June 13, 2024, MICHAEL RALPH S III, Director at Cleveland-Cliffs Inc (NYSE:CLF), purchased 20,000 shares of the company, as reported in a recent SEC Filing.

    In the closing of the recent trading day, Cleveland-Cliffs (CLF) stood at $15.07, denoting a -0.4% change from the preceding trading day.

    Goncalves Celso L Jr, Executive Vice President and Chief Financial Officer of Cleveland-Cliffs Inc (NYSE:CLF), purchased 7,250 shares of the company on June 12, 2024.

    It's just an hour to the end of the trading day and the clock is ticking! Market Domination Hosts Julie Hyman and Josh Lipton guide investors through the home stretch all the way to the market close, breaking down leading market stories and top trending stocks. Path Trading Partners Co-Founder and Chief Market Strategist Bob Iaccino provides context as to where oil (CL=F, BZ=F) and gas prices (RB=F) could be headed this summer due to OPEC+'s production cuts. Apple (AAPL) is no short-supply of op...

    JPMorgan has downgraded Cleveland-Cliffs (CLF) stock, revising its rating to Neutral from Overweight and lowering its price target to $17 from $23. This bearish sentiment is driven by concerns about declining steel prices and escalating spending within the company. Yahoo Finance's Julie Hyman and Josh Lipton break down the details. For more expert insight and the latest market action, click here to watch this full episode of Market Domination. This post was written by Angel Smith

    Oil prices (CL=F, BZ=F) are staging a rebound following OPEC+'s announcement to extend production cuts into 2025. To provide insights into the outlook on oil prices, Path Trading Partners Co-Founder and Chief Market Strategist Bob Iaccino joins Market Domination. Iaccino acknowledges that the OPEC+ production cuts represent "the first sort of indication of more production." However, he notes that the demand picture appears "a little shaky." Despite the summer gas and travel season "getting off t...

    J.P. Morgan analyst Bill Peterson downgraded shares of steel maker Cleveland-Cliffs to Hold from Buy. His price target went to $17 from $23.

    The latest trading day saw Cleveland-Cliffs (CLF) settling at $15.65, representing a -0.95% change from its previous close.

    The Biden administration announced in May 2024 that it would not only leave the existing tariffs on Chinese steel and aluminum in place but is proposing to triple them. The implications for the United States steel industry is a simple matter of supply and demand. Which is why it’s time for investors to look for steel stocks to buy. The current Section 301 of the Trade Act of 1974 imposes a 7.5% tariff on steel and aluminum imports from China. The Biden administration is proposing increasing thos

    Thursday, GLJ analyst Gordon Johnson cut his rating on Cleveland-Cliffs stock to Sell from Buy. He slashed his price target to $10.13 from $27.20.