Cleveland-Cliffs

Cleveland-Cliffs, Inc. is a flat-rolled steel producer, which supplies iron ore pellets to the North American steel industry. It engages in the production of metallics and coke, iron making, steelmaking, rolling and finishing, and downstream tubular components, stamping, and tooling. The company was founded in 1847 and is headquartered in Cleveland, OH.

Earnings data Q1 2021

Earnings data Q2 2021

Earnings data Q3 2021

Earnings data Q4 2021

Earnings data Q1 2022

Earnings data Q2 2022

Earnings data Q3 2022

Earnings data Q4 2022

Earnings data Q1 2023

Earnings data Q2 2023

Earnings data Q3 2023

Earnings data Q4 2023

Earnings data Q1 2024

Earnings data Q2 2024

Earnings data Q3 2024

Earnings data Q4 2024

Cleveland-Cliffs excels in 2022, focuses on cost efficiency and sustainability

Cleveland-Cliffs had a robust 2022, focusing on financial strength, cost efficiencies, and sustainability initiatives while navigating pricing challenges.
The company's commitment to reducing costs, enhancing client relationships, and pursuing growth opportunities positions it well for future success.
Despite financial challenges, Cleveland-Cliffs remains resilient, prioritizing operational excellence and strategic initiatives for sustainable growth.

Cleveland-Cliffs (CLF) doubles EBITDA in Q1, eyes green energy opportunities

Cleveland-Cliffs (CLF) reported a strong Q1 performance, exceeding expectations in key metrics and profitability. The company's strategic focus on cost management, sustainability, and high-value-added products positions it well for continued success in 2023. While challenges in cost management and inventory levels exist, opportunities in green energy markets and automotive demand offer avenues for growth.

Cleveland-Cliffs (CLF) reports stellar Q2 results and eyes growth opportunities

Cleveland-Cliffs (CLF) excelled in Q2, showcasing financial strength, operational efficiency, and sustainability efforts. While facing challenges in pricing and volume shifts, the company's strategic strengths and growth opportunities position it well for continued success. CLF's focus on innovation, cost reduction, and shareholder value creation underpins its positive outlook.

Cleveland-Cliffs reports robust Q3 earnings, eyes cost efficiencies and growth

Cleveland-Cliffs' Q3 performance reflects financial strength and strategic focus on cost efficiency and shareholder value. Challenges include the impact of the UAW strike and competitive pressures in the automotive industry. The company is well-positioned to capitalize on opportunities for cost savings and diversified demand.

Cleveland-Cliffs (CLF) reports strong Q4 earnings, prioritizes shareholder value

Cleveland-Cliffs (CLF) showcased robust financials in Q4 2023, prioritizing shareholder value through buybacks and debt reduction. Despite challenges in market dynamics and competition, CLF's focus on technological advancement and operational efficiency positions them well for future growth and stability.

Cleveland-Cliffs prioritizes shareholder value and sustainability in Q1 2024

Cleveland-Cliffs prioritizes shareholder value through share buybacks and sustainable initiatives, showcasing a rebound in profitability and commitment to long-term growth.
The company faces challenges from trade imports impacting facilities and pricing misalignments with competitors, while opportunities lie in decarbonization projects and operational enhancements.
Overall, Cliffs' performance in Q1 reflects a strategic focus on shareholder returns, workforce support, and organic growth, positioning itself for sustainable value creation and market expansion.

Cleveland-Cliffs (CLF) reports robust Q2 earnings, eyes growth opportunities

CLF's Q2 performance reflects financial strength, operational efficiency, and strategic priorities for growth and sustainability.
While facing challenges from market dynamics, CLF's disciplined approach to cost management and investments in growth areas offer resilience.
Opportunities in automotive sector, M&A, and sustainability initiatives position CLF for future expansion and value creation.
Overall, CLF's focus on financial discipline, market diversification, and sustainability goals underpin its strategic direction and long-term success.

Cleveland-Cliffs reports Q3 earnings impacted by steel demand challenges

Cleveland-Cliffs navigated challenges in Q3 with commendable cost performance and strategic acquisitions. The company's focus on operational efficiency and market positioning bodes well for future growth. Opportunities for expansion and synergy realization from the Stelco acquisition are key drivers of optimism.

Revenue

Cost of revenue

Gross profit

Operating expenses

SG&A

Other

Operating income

EBITDA

Net income

Earnings per share

Total assets

Current assets

Cash & equivalents

Receivables

Inventory

Non-current assets

Net PPE

Intangibles

Total liabilities

Current liabilities

Short term debt

Income tax payable

Non-current liabilities

Long-term debt

Total equity

Stockholders equity

Minority interest

Total liabilities & equity

Total debt

Net debt

Book value per share

Cash from operations

Funds from operations

Change in working capital

Cash from investing

Capital expenditure

Purchase/sale of investments

Purchase/sale of business

Other sources

Cash from financing

Change in stock

Change in debt

Cash dividends paid

Cash from other sources

Net change in cash

Free cash flow

Cleveland-Cliffs, Inc. operates as a flat-rolled steel company, which supplies iron ore pellets to the North American steel industry. It engages in the production of metallic and coke, iron making, steelmaking, rolling and finishing, and downstream tubular components, stamping, and tooling. The company was founded in 1847 and is headquartered in Cleveland, OH.

Exaggerated weakness since October in Cleveland-Cliffs has a 50% correlation with economic recession over the last two decades. Steel industry demand may have turned sharply lower since December.

Weak Cleveland-Cliffs May Be Signaling Recession Risk

Jim Lebenthal says Cleveland-Cliffs will outperform the benchmark this year.

This mining stock will outperform the S&P 500 in 2022

The transformed steelmaker rose on the back of soaring steel prices amid a global shortage last year.

Why Cleveland-Cliffs Rose 49.5% in 2021

CLEVELAND--(BUSINESS WIRE)--Cleveland-Cliffs Inc. (NYSE: CLF) will announce its fourth-quarter and full-year 2021 earnings results before the U.S. market open on Friday, February 11, 2022. The Company invites interested parties to listen to a live broadcast of a conference call with securities analysts and institutional investors to discuss the results on February 11, 2022, at 10:00am ET. The call can be accessed at www.clevelandcliffs.com and will also be archived and available for replay at t

Cleveland-Cliffs to Announce Fourth-Quarter and Full-Year 2021 Earnings Results on February 11

Cleveland-Cliffs (CLF) could be a great choice for investors looking to buy stocks that have gained strong momentum recently but are still trading at reasonable prices. It is one of the several stocks that made it through our 'Fast-Paced Momentum at a Bargain' screen.

Fast-paced Momentum Stock Cleveland-Cliffs (CLF) Is Still Trading at a Bargain

The macroeconomic backdrop is positive. The company is outperforming its sector.

The Momentum Investor: Spotlight On Cleveland-Cliffs

Nucor

VanEck Vectors Steel ETF

SPDR S&P Metals & Mining ETF

Steel sector-related exchange traded funds strengthened on Wednesday as analysts maintained an optimistic outlook on steelmakers like Nucor Corporation (NYSE: NUE) and Cleveland-Cliffs Inc. (NYSE: CLF). On Wednesday, the VanEck Vectors Steel ETF (NYSEArca: SLX), the lone steel sector-specific ETF, increased 1.7%, and the SPDR Metals & Mining ETF (NYSEArca: XME), which is designed to [.

Steel ETFs Strengthen on Positive Outlook for Nucor, Cleveland-Cliffs

Energy Transfer LP Unit

Kyndryl Holdings

Rivian Automotive

RenaissanceRe Hlds

Victory Capital Holdings

It is good idea to review what insiders are buying on a regular basis as it is a solid source for investment ideas. It can be argued that someone putting their money at risk is a lot better than opinions by talking heads on CNBC and the like.

Recent Insider Cluster Buys Reveal Potential Value Opportunities

Here is how Cleveland-Cliffs (CLF) and Kronos Worldwide (KRO) have performed compared to their sector so far this year.

Is Cleveland-Cliffs (CLF) Outperforming Other Basic Materials Stocks This Year?

This steel stock could be a real steal at current prices.

Bull of the Day: Cleveland-Cliffs (CLF)

The average of price targets set by Wall Street analysts indicates a potential upside of 33.2% in Cleveland-Cliffs (CLF). While the effectiveness of this highly sought-after metric is questionable, the positive trend in earnings estimate revisions might translate into an upside in the stock.

Wall Street Analysts Think Cleveland-Cliffs (CLF) Could Surge 33%: Read This Before Placing a Bet

Cleveland-Cliffs (CLF) closed at $21.73 in the latest trading session, marking a -0.18% move from the prior day.

Cleveland-Cliffs (CLF) Stock Sinks As Market Gains: What You Should Know

Bakkt Holdings

Nokia

Pubmatic

Cassava Sciences Inc

Virgin Galactic

Tilray Brands

Although the meme stocks phenomenon is sagging in popularity, these seven current and/or former Reddit favorites could make another "to the moon" move or two in 2022. The post 7 of the Best Meme Stocks for 2022 to Buy Now appeared first on InvestorPlace.

7 of the Best Meme Stocks for 2022 to Buy Now

Rising steel prices buoyed by strong demand has propelled CLF stock gains of more than 76% this year at its peak during October.

Cleveland-Cliffs: Why ESG Makes It More Attractive Than Ever

Continental Resources

EOG Resources

The fracking pioneer Continental Resources and energy explorer EOG Resources both saw large insider stock purchases. So has Cleveland-Cliffs, a steelmaker.

Oil and Steel Stocks Are Crushing the Market. Insiders Have Been Buying.

The newly minted steel company has trounced the market and its peers since the bear market bottom. Is it worth buying?

Have You Seen These Cleveland-Cliffs Charts?

The US steel industry is comparably clean relative to international peers. CLF uses a large amount of scrap for steel production. Cleveland-Cliffs will be highly profitable this year, and most likely also in 2022. Beyond that, profitability will likely not be maintained at the current, elevated level.

Cleveland-Cliffs Stock Forecast: What To Consider As We Head Into 2022

CLF is down on the recent news about Omicron - insiders are actively buying the dip.

Cleveland-Cliffs: More Reasons To Buy More As Insiders Do

Cleveland-Cliffs (CLF) intends to pay 100% of the outstanding principal amount in cash upon the redemption or early conversion of senior convertible notes due 2025.

Cleveland-Cliffs (CLF) to Redeem Entire 1.50% Senior Notes

CLEVELAND--(BUSINESS WIRE)--Cleveland-Cliffs Inc. (NYSE: CLF) announced today that it has instructed the trustee to provide notice of redemption for all remaining $294 million of its 1.50% Convertible Senior Notes due 2025. The redemption will take place on January 18, 2022, the earliest possible date for redemption pursuant to the Indenture governing the Notes. Noteholders may convert their Notes prior to the redemption date. Upon redemption or early conversion, the Company intends to pay 100

Cleveland-Cliffs to Fully Redeem its 1.50% Convertible Senior Notes due 2025

Cleveland-Cliffs stock (NYSE: CLF) has dropped 12% in the last one month, completely underperforming the S&P 500 which increased 1% during this period. If you look at the change in stock price over the last ten days, CLF stock again underperformed the market by dropping almost 3%.

With Iron Ore Price Dropping Below $100, How's Cleveland-Cliffs Stock Doing?

Cleveland-Cliffs is one of my favorite picks, which, due to its "soft" volatility, allows us constantly average down without too much risk. In this article, I argue that the high steel prices may be with us longer than anyone previously expected.

Cleveland-Cliffs: Back Up The Truck, The Journey Is Going To Be Long

Cleveland-Cliffs (CLF) has been upgraded to a Zacks Rank #2 (Buy), reflecting growing optimism about the company's earnings prospects. This might drive the stock higher in the near term.

Cleveland-Cliffs (CLF) Upgraded to Buy: Here's Why

CLEVELAND--(BUSINESS WIRE)--Cleveland-Cliffs Inc. (NYSE: CLF) announced today that it has successfully completed the acquisition of Ferrous Processing and Trading Company, including certain related entities (“FPT”). The final necessary regulatory clearances in connection with the transaction were obtained on November 17. FPT is now a wholly owned subsidiary of Cleveland-Cliffs Inc. FPT, which was recently awarded Fastmarkets' 2021 Scrap Company of the Year, is a leading prime ferrous scrap proc

Cleveland-Cliffs Completes Acquisition of Ferrous Processing and Trading Company

Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.

News for Cleveland-Cliffs Stock (CLF)