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CLF Stock Chart & Stats
$11.93
$0.97(8.85%)
At close: 4:00 PM EDT
$11.93
$0.97(8.85%)
Day’s Range― - ―
52-Week Range$7.73 - $16.70
Previous CloseN/A
Volume69.88M
Average Volume (3M)22.21M
Market Cap
$6.79B
Enterprise Value$13.21K
Total Cash (Recent Filing)$70.00M
Total Debt (Recent Filing)$7.70B
Price to Earnings (P/E)―
Beta2.00
Next Earnings
Oct 26, 2026EPS Estimate
0.24Next Dividend Ex-DateN/A
Dividend YieldN/A
Share Statistics
EPS (TTM)-1.67
Shares Outstanding570,540,040
10 Day Avg. Volume29,450,082
30 Day Avg. Volume22,214,437
Financial Highlights & Ratios
PEG Ratio-0.05
Price to Book (P/B)1.07
Price to Sales (P/S)0.35
P/FCF Ratio-6.39
Enterprise Value/Market Cap<0.01
Enterprise Value/Revenue<0.01
Enterprise Value/Gross Profit>-0.01
Enterprise Value/Ebitda<0.01
Forecast
1Y Price Target
$11.86Price Target Upside-0.59% Downside
Rating ConsensusHold
Number of Analyst Covering12
EPS Forecast (FY)-0.18
Revenue Forecast (FY)$21.40B
Bulls Say, Bears Say
Bulls Say
Vertical IntegrationOwning iron-ore mining through downstream finishing gives Cleveland-Cliffs structural cost and supply advantages. Vertical integration reduces reliance on third-party inputs, helps stabilize internal feedstock availability and margins across cycles, and supports recovery when pricing improves.
Clear EBITDA Ramp & GuidanceManagement provided quantified near-term EBITDA uplift and a multi-quarter improvement trajectory, implying operational leverage and margin recovery if realized. Sustained higher EBITDA materially improves cash flow, accelerates deleveraging, and funds reinvestment or restructuring over the coming 6–12 months.
Automotive Demand RecoveryStrengthening automotive volumes and supplier recognition signal durable, higher-value end-market demand. Automotive contracts often carry higher mix, engineering content, and recurring volumes, which can sustain utilization, reduce revenue volatility, and support longer-term margin uplift versus pure commodity exposures.
Bears Say
Elevated LeverageLeverage at ~1.37x equity combined with negative returns on equity increases financial rigidity for a cyclical steel producer. If a downturn or slower-than-expected margin recovery occurs, higher debt amplifies liquidity and refinancing risk and constrains strategic optionality including capex and M&A for multiple quarters.
Negative Cash GenerationRecent TTM cash-flow deficits show the business consuming cash despite cyclic revenue gains. Persistent negative OCF/FCF forces reliance on debt, asset sales, or equity, limiting ability to fund capex, return capital, or absorb shocks and making deleveraging contingent on successful EBITDA conversion and transaction execution.
Dependence On Pricing, Asset Sales & PolicyMaterial parts of the recovery plan rely on HRC price moves, successful monetization of property/assets, and sustained trade/OEM policy support. These external dependencies create execution risk: adverse price curves, delayed or low-priced asset sales, or policy shifts could materially slow deleveraging and cash-generation timelines.
Cleveland-Cliffs News
CLF FAQ
What was Cleveland-Cliffs’s price range in the past 12 months?
Cleveland-Cliffs lowest stock price was $7.73 and its highest was $16.70 in the past 12 months.
What is Cleveland-Cliffs’s market cap?
Cleveland-Cliffs’s market cap is $6.79B.
When is Cleveland-Cliffs’s upcoming earnings report date?
Cleveland-Cliffs’s upcoming earnings report date is Oct 26, 2026 which is in 70 days.
How were Cleveland-Cliffs’s earnings last quarter?
Cleveland-Cliffs released its earnings results on Jul 23, 2026. The company reported -$0.2 earnings per share for the quarter, beating the consensus estimate of -$0.208 by $0.008.
Is Cleveland-Cliffs overvalued?
According to Wall Street analysts Cleveland-Cliffs’s price is currently Overvalued.
Does Cleveland-Cliffs pay dividends?
Cleveland-Cliffs pays a Quarterly dividend of $0.06 which represents an annual dividend yield of N/A. See more information on Cleveland-Cliffs dividends here
What is Cleveland-Cliffs’s EPS estimate?
Cleveland-Cliffs’s EPS estimate is 0.24.
How many shares outstanding does Cleveland-Cliffs have?
Cleveland-Cliffs has 570,540,040 shares outstanding.
What happened to Cleveland-Cliffs’s price movement after its last earnings report?
Cleveland-Cliffs reported an EPS of -$0.2 in its last earnings report, beating expectations of -$0.208. Following the earnings report the stock price went up 15.979%.
Which hedge fund is a major shareholder of Cleveland-Cliffs?
Currently, no hedge funds are holding shares in CLF
What is the TipRanks Smart Score and how is it calculated?
Smart Score combines eight research factors - such as analyst recommendations, hedge fund trends, and technical indicators - to measure a stock’s outlook. These signals are unified into a single score that reflects bullish or bearish momentum. See detailed methodology
Cleveland-Cliffs Stock Smart Score
Underperform
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Analyst Consensus
Hold
Average Price Target:
$11.86 (-0.59% Downside)
$11.86 (-0.59% Downside)
Blogger Sentiment
Neutral
CLF Sentiment 58%
Sector Average ―
Sector Average ―
Hedge Fund Trend
Increased
By 5.7M Shares
Last Quarter.
Last Quarter.
Insider Transactions
Sold Shares
Worth $2.9M over
the Last 3 Months
the Last 3 Months
Crowd Wisdom
Positive
Last 7 Days ▲ 0.1%
Last 30 Days ▲ 2.2%
Last 30 Days ▲ 2.2%
News Sentiment
Neutral
Bullish news 50%
Bearish news 50%
Bearish news 50%
Technicals
SMA
Negative
20 days / 200 days
Momentum
9.34%
12-Months-Change
Fundamentals
Return on Equity
―
Trailing 12-Months
Asset Growth
-1.74%
Trailing 12-Months
Company Description
Cleveland-Cliffs
Cleveland-Cliffs Inc. (CLF) is a U.S.-based steel producer and iron ore supplier focused on flat-rolled steel products. The company operates across the steel value chain, including iron ore mining and beneficiation, steelmaking, and downstream finishing, serving primarily the automotive, infrastructure, manufacturing, and construction-related end markets with products such as hot-rolled, cold-rolled, and coated steel as well as electrical steels.
CLF Company Deck
CLF Earnings Call
Q2 2026
0:00 / 0:00
Earnings Call Sentiment|Positive
The call presented a marked operational and financial improvement with a clear path to materially higher EBITDA, positive free cash flow, and a near-term leverage reduction target. Key positives include Q2 adjusted EBITDA of $286M, a strong Q3 guide of $575M, price gains (+$76/ton in Q2, +$55/ton expected in Q3), a $400M property-sale pipeline, and a potential $500M EBITDA boost from contract resets. Offsetting risks are manageable near-term headwinds from Q2 maintenance outages and inventory lag, Canadian finishing-line pressures, valuation gaps in asset-sale processes, and reliance on trade policy and OEM decisions for capacity restarts. Overall, the positive operational momentum and sizable quantified upside outweigh the contained lowlights.View all CLF earnings summariesCLF Revenue Breakdown
97.36% Steelmaking
2.64% Other Businesses
CLF Stock 12 Month Forecast
Average Price Target
$11.86
▼(-0.59% Downside)
Technical Analysis
Ownership Overview
1.16% Insiders
14.26% Mutual Funds
21.86% Other Institutional Investors
37.27% Public Companies and Individual Investors