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CLF:NYSE
Cleveland-Cliffs Inc
$9.38
-5.73%
(-0.57) 1D
$9.38
0.00% (0.00)
After hours
Closed: Jun 29, 4:00:05 PM GMT-4  ·   USD
All symbols
SymbolPriceChange% Change
Generating top insights for CLF...
Open
$9.99
High
$9.99
Low
$9.35
Mkt. cap
5.35B
Avg. vol.
19.13M
Volume
24.90M
52-wk high
$16.70
52-wk low
$7.36
EPS
-$2.34
Beta
2.09
Shares outstanding
570.42M
No. of employees
25K
Open
$9.99
High
$9.99
Low
$9.35
Mkt. cap
5.35B
Avg. vol.
19.13M
Volume
24.90M
52-wk high
$16.70
52-wk low
$7.36
EPS
-$2.34
Beta
2.09
Shares outstanding
570.42M
No. of employees
25K
News stories
From sources across the web
Quiver Quantitative
Quiver Quantitative
·
1 hour ago
Why Cleveland-Cliffs Shares Fell Today
Profile
Cleveland-Cliffs Inc. is an American steel manufacturer based in Cleveland, Ohio. It specializes in the mining, beneficiation, and pelletizing of iron ore, as well as steelmaking, including stamping and tooling. The company is ranked 22nd on the list of steel producers and is the second-largest steel producer in the United States after Nucor. It is the largest flat-rolled steel producer in North America. The company is ranked 221st on the Fortune 500 and 1511th on the Forbes Global 2000. Wikipedia
About Cleveland-Cliffs Inc
CEOLourenco C. Goncalves
Employees25K
Founded1847
HeadquartersCleveland, Ohio, United States
SectorSteel
Analyst ratings
Based on 9 analysts giving stock ratings to CLF in the past 3 months
Hold
Buy
0
Hold
8
Sell
1
12-month forecast
Based on 9 Wall Street analysts offering 12 month price targets for CLF in the last 3 months.
Highest
Current $9.38
$15.01 (+60.02%)
Average
$12.44 (+32.62%)
Lowest
$9.00 (-4.05%)
Analyst
Recommendation
Action
Price target
Projected
Date
Carlos De Alba
Morgan Stanley
Hold
Downgraded
$12.50
+33.3%
06/22/2026
Nick Cash
Goldman Sachs
Hold
Maintained
$11.00
+17.3%
06/15/2026
Lawson Winder
Bank of America Securities
Hold
Reiterated
$14.00
+49.3%
06/12/2026
Bill Peterson
J.P. Morgan
Hold
Maintained
$13.00
+38.6%
06/10/2026
Gordon Johnson
GLJ Research
Hold
Upgraded
$15.01
+60%
06/09/2026
Timna Tanners
Wells Fargo
Hold
Reiterated
$14.00
+49.3%
06/04/2026
Unknown Analyst
Barclays
Sell
Initiated
$9.00
-4.1%
05/21/2026
Richard Garchitorena
Barclays
Sell
Initiated
$9.00
-4.1%
05/21/2026
Unknown Analyst
Wells Fargo
Hold
Maintained
$9.00
-4.1%
04/21/2026
Alexander Hacking
Citi
Hold
Reiterated
$11.00
+17.3%
04/20/2026
Alexandra Yates
Argus Research
Hold
Maintained
-
-
04/02/2026
Samuel McKinney
KeyBanc
Hold
Initiated
-
-
03/25/2026
Last report
Apr 20, 2026
Fiscal period
Q1 2026
EPS / Est. (USD)
-$0.40 / -$0.42
+3.85%beat
Revenue / Est. (USD)
4.92B / 4.79B
+2.77%beat
Fiscal Q1 2026 earnings call
Waiting for the earnings call
At a glance
Insights from the latest news and reports
Previous reportsAll values in USD
Loading Previous Earnings...
Income statement
Revenue
Net income
All values in USD
Jun 2025
Sep 2025
Dec 2025
Mar 2026
Revenue
4.93B
4.73B
4.31B
4.92B
Cost of goods sold
-
4.78B
4.52B
5.00B
Cost of revenue
-
4.78B
4.52B
5.00B
Research and development expenses
-
-
-
-
Total research and development expenses
-
-
-
-
Selling, general, and admin expenses
-
73.00M
78.00M
61.00M
Operating expense
-
98.00M
74.00M
60.00M
Total operating expenses
-
4.88B
4.59B
5.06B
Operating income
-
-144.00M
-280.00M
-142.00M
Other non operating income
-
-9.00M
-12.00M
-10.00M
EBT including unusual items
-
-309.00M
-439.00M
-307.00M
EBT excluding unusual items
-
-306.00M
-444.00M
-314.00M
Income tax expense
-
-78.00M
-206.00M
-81.00M
Effective tax rate
-
25.24%
46.92%
26.38%
Other operating expenses
-
25.00M
-4.00M
-1.00M
Net income
-
-251.00M
-243.00M
-237.00M
Net profit margin
-
-5.30%
-5.63%
-4.82%
Earnings per share
-0.50
-0.45
-0.43
-0.40
Interest and investment income
-
-
-
-
Interest expense
-
-153.00M
-152.00M
-148.00M
Net interest expenses
-
-153.00M
-152.00M
-148.00M
Depreciation and amortization charges
-
-
-
-
EBITDA
-
129.00M
-8.00M
117.00M
Gain or loss from assets sale
-
-
-
-
Insider transactions
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