Cleveland-Cliffs Inc (NYSE:CLF)’s traded shares stood at 3.62 million during the latest session, with the company’s beta value hitting 1.92. At the last check today, the stock’s price was $10.74, to imply an increase of 0.09% or $0.01 in intraday trading. The CLF share’s 52-week high remains $22.97, putting it -113.87% down since that peak but still an impressive 16.29% since price per share fell to its 52-week low of $8.99.
Analysts have given a consensus recommendation of Buy for Cleveland-Cliffs Inc (CLF), translating to a mean rating of 2.46. Of 15 analyst(s) looking at the stock, 3 analyst(s) give CLF a Sell rating. 0 of those analysts rate the stock as Overweight while 3 advise Hold as 9 recommend it as a Buy.
Cleveland-Cliffs Inc (NYSE:CLF) trade information
After registering a 0.09% upside in the latest session, Cleveland-Cliffs Inc (CLF) has traded red over the past five days. The 5-day price performance for the stock is -5.37%, and 4.78% over 30 days. With these gigs, the year-to-date price performance is 14.26%.
The extremes give us $11 and $11 for target low and target high price respectively. As such, CLF has been trading -2.42% off suggested target high and -2.42% from its likely low.
CLF Dividends
Cleveland-Cliffs Inc has its next earnings report out in March. However, it is important to take into account that this dividend yield ratio is just an indicator to only serve the purpose of guidance. Investors interested to invest in the stock should ponder company’s other fundamental and operations related aspects too.
Cleveland-Cliffs Inc (NYSE:CLF)’s Major holders
The next major institution holding the largest number of shares is VANGUARD GROUP INC with 46.89 million shares, or about 9.5312% of shares outstanding. As of the market price on 2024-06-30, these shares were worth $721.69 million.
We also have Pacer U.S. Cash Cows 100 ETF and iShares Core S&P Midcap ETF as the top two Mutual Funds with the largest holdings of the Cleveland-Cliffs Inc (CLF) shares. Going by data provided on Oct 31, 2024, Pacer U.S. Cash Cows 100 ETF holds roughly 25.93 shares. This is just over 5.24% of the total shares, with a market valuation of $278.87 million. Data from the same date shows that the other fund manager holds a little less at 15.71, or 3.18% of the shares, all valued at about 168.99 million.
