NYSE: CLF
Last close prices updated as of
May 30, 2023, 7:00 PM EST
| USD | BATS BZX Real-Time Price
- Last Close 14.19
- Sector Basic Materials
- Industry Steel
- Investment Style Mid Value
- Day Range 13.97 – 14.39
- Year Range 11.83 – 24.66
- Market Cap 7.3090 Bil
- Volume / Avg 10.0 / 9.8 Mil
- Price / Sales 0.33
- Price / Book 0.97
- Forward Div Yield —
- Trailing Div Yield 0.42%
Morningstar‘s Stock Analysis CLF
Valuation
Currency in —
Is it the right time to buy or sell?
Is it the right time to buy or sell?
1-Star Price
INVESTOR
5-Star Price
INVESTOR
Economic Moat
INVESTOR
Capital Allocation
INVESTOR
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Company Profile CLF
Business Description
Cleveland-Cliffs Inc is a flat-rolled steel producer and manufacturer of iron ore pellets in North America. It has one reportable segment -Steelmaking. It is vertically integrated from mined raw materials, direct reduced iron, and ferrous scrap to primary steelmaking and downstream finishing, stamping, tooling and tubing. It serves a diverse range of other markets due to its comprehensive offering of flat-rolled steel products. Geographically, it operates in the United States, Canada and other countries. The majority of revenue is from the United States. It is a supplier of steel to the automotive industry in North America.
Related Articles CLF
Our Quantitative Research team models direct competitors or comparable companies from a bottom-up perspective to find companies describing their business in a similar fashion.
Cleveland-Cliffs Inc
XNYS: CLF
| United States Steel Corp
XNYS: X
| American Resources Corp Class A
XNAS: AREC
| Alcoa Corp
XNYS: AA
| |
Price
| 14.19 | 21.28 | 1.40 | 32.80 |
Currency
| USD | USD | USD | USD |
Change
| −$0.17 (1.18%) | −$0.43 (1.98%) | −$0.05 (3.45%) | −$0.89 (2.64%) |
Market Cap
| 7.31 Bil | 4.82 Bil | 109.50 Mil | 5.85 Bil |
Industry
| Steel | Steel | Coking Coal | Aluminum |
Sector
|
Basic Materials
|
Basic Materials
|
Basic Materials
|
Basic Materials
|
* Trading data in this section is delayed by at least 15 minutes.
FAQs for Cleveland-Cliffs Inc Stock
No. CLF does not currently have a forward dividend yield.
Dividend yield allows investors, particularly those interested in dividend-paying stocks,
to compare the relationship between a stock’s price and how it rewards stockholders through dividends.
The formula for calculating dividend yield is to divide the annual dividend paid per share by the stock price.
Learn more about dividend yield.
CLF’s market cap is 7.31 Bil.
Market capitalization is calculated by taking a company’s share price and multiplying it by the total number of shares.
It’s often used to measure a company’s size. In the Morningstar Style Box, large-cap names account for the
largest 70% of U.S. stocks, mid-cap names account for the largest 70–90%, and small-cap names are the remaining 10% of companies.
Learn more about market capitalization.
CLF’s stock style is Mid Value.
Style is an investment factor that has a meaningful impact on investment risk and returns.
Style is calculated by combining value and growth scores, which are first individually calculated.
High-growth stocks tend to represent the technology, healthcare, and communications sectors. They rarely distribute dividends to shareholders, opting for reinvestment in their businesses. More value-oriented stocks tend to represent financial services, utilities, and energy stocks. These are established companies that reliably pay dividends.
Learn more about style.
CLF’s price/sales is 0.33.
Price/sales represents the amount an investor is willing to pay for a dollar generated from
a particular company’s sales or revenues.
CLF’s price/forward earnings is 15.77.
Forward P/E gives some indication of how cheap or expensive a stock is compared with consensus earnings estimates.
The lower the Forward P/E, the cheaper the stock.
CLF’s price/book is 0.97.
Price/book ratio can tell investors approximately how much they’re paying for a company’s assets,
based on historical, rather than current, valuations. Historical valuations generally do not reflect
a company’s current market value. Value investors frequently look for companies that have low price/book ratios.
See CLF’s valuation ratios compared to the Market Index.
CLF’s beta can be found in Trading Information at the top of this page.
A stock’s beta measures how closely tied its price movements have been to the performance of the overall market.
Compare CLF’s historical performance against its industry peers and the overall market.