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Cleveland-Cliffs (CLF) Stock Price & Analysis

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CLF Stock Chart & Stats

$11.46$0.19(1.69%)
At close: 4:00 PM EST
$11$12$13$14Aug 10Aug 24Sep 8Sep 21Oct 5Oct 19Nov 2
Day’s Range
$11.35 - $11.96
52-Week Range
$7.73 - $15.35
Previous Close
$11.27
Volume
N/A
Average Volume (3M)
23.69M
Market Cap
$6.54B
Enterprise Value
$14.17B
Total Cash (Recent Filing)
$77.00M
Total Debt (Recent Filing)
$7.64B
Price to Earnings (P/E)
―
Beta
2.18
Next Earnings
Feb 15, 2027 (Est.)
Dividend Yield
N/A

Bulls Say, Bears Say

Bulls Say

Vertical Integration

Vertical integration gives Cleveland-Cliffs internal access to key iron ore inputs, reducing exposure to third-party raw-material costs and supporting supply stability. This structure can protect downstream production economics and reinforce competitiveness across steel-market cycles.

Contracted Revenue Visibility

Strong customer renewal activity and growing acceptance of take-or-pay minimums can improve volume visibility and reduce dependence on spot-market sales. Index-based pricing and higher commitments should provide a more durable foundation for earnings through 2027.

Capacity And Product Expansion

New electrical-steel capacity and expanded galvanized offerings broaden Cleveland-Cliffs' product mix and deepen its position with automotive and specialty customers. These projects can create longer-term growth opportunities while improving participation in higher-value applications.

Bears Say

Weak Profitability

Very thin margins and continued net losses show that current revenue levels are not converting into durable earnings power. This leaves results highly sensitive to steel prices, costs, utilization, and end-market demand, limiting financial resilience during weaker cycles.

Elevated Leverage

Debt materially exceeds the equity base, reducing flexibility for a cyclical producer whose profitability is already under pressure. Elevated leverage can constrain investment and capital allocation, while requiring future operating improvement or asset-sale proceeds to support meaningful deleveraging.

Negative Free Cash Flow

Negative free cash flow indicates that the business is not currently generating sufficient cash after investment needs to support consistent debt reduction. Although operating cash flow has turned positive, it remains modest relative to the company's scale and obligations.

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 $15.35 in the past 12 months.
What is Cleveland-Cliffs’s market cap?
Cleveland-Cliffs’s market cap is $6.54B.
When is Cleveland-Cliffs’s upcoming earnings report date?
Cleveland-Cliffs’s next earnings report is estimated for Feb 15, 2027 (not yet confirmed), which is in 99 days.
How were Cleveland-Cliffs’s earnings last quarter?
Cleveland-Cliffs released its earnings results on Oct 19, 2026. The company reported $0.28 earnings per share for the quarter, beating the consensus estimate of $0.214 by $0.066.
Is Cleveland-Cliffs overvalued?
According to Wall Street analysts Cleveland-Cliffs’s price is currently Undervalued.
Does Cleveland-Cliffs pay dividends?
Cleveland-Cliffs pays a Quarterly dividend of $0.06 which represents an annual dividend yield of ―. See more information on Cleveland-Cliffs dividends here
What is Cleveland-Cliffs’s EPS estimate?
Cleveland-Cliffs’s EPS estimate is 0.38.
How many shares outstanding does Cleveland-Cliffs have?
Cleveland-Cliffs has 570,584,960 shares outstanding.
What happened to Cleveland-Cliffs’s price movement after its last earnings report?
Cleveland-Cliffs reported an EPS of $0.28 in its last earnings report, beating expectations of $0.214. Following the earnings report the stock price went up 16.337%.
Which hedge fund is a major shareholder of Cleveland-Cliffs?
Hedge funds hold Cleveland-Cliffs shares: the largest hedge-fund position in Cleveland-Cliffs is 71,887,455 shares, and hedge funds decreased their holdings by 11.1M shares last quarter.
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