Cleveland-Cliffs Inc (NYSE:CLF)’s traded shares stood at 17.44 million during the last session, with the company’s beta value hitting 1.86. At the close of trading, the stock’s price was $7.18, to imply a decrease of -2.58% or -$0.19 in intraday trading. The CLF share’s 52-week high remains $16.47, putting it -129.39% down since that peak but still an impressive 21.59% since price per share fell to its 52-week low of $5.63. The company has a valuation of $3.55B, with an average of 55.9 million shares in intraday trading volume over the past 10 days and average of 28.83 million shares over the past 3 months.
Analysts have given a consensus recommendation of Buy for Cleveland-Cliffs Inc (CLF), translating to a mean rating of 2.87. 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 -2.58% downside in the last session, Cleveland-Cliffs Inc (CLF) has traded red over the past five days. The 5-day price performance for the stock is 1.13%, and -5.28% over 30 days. With these gigs, the year-to-date price performance is -23.62%. Short interest in Cleveland-Cliffs Inc (NYSE:CLF) saw shorts transact 86.58 million shares and set a 3.11 days time to cover.
The extremes give us $11 and $11 for target low and target high price respectively. As such, CLF has been trading -53.2% off suggested target high and -53.2% from its likely low.
CLF Dividends
Cleveland-Cliffs Inc has its next earnings report out on 2025-May-06. 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. The company’s average dividend yield trailing the past 5-year period is 4.7%.
Cleveland-Cliffs Inc (NYSE:CLF)’s Major holders
Cleveland-Cliffs Inc insiders hold 1.61% of total outstanding shares, with institutional holders owning 74.67% of the shares at 75.89% float percentage. In total, 74.67% institutions holds shares in the company, led by BLACKROCK INC.. As of 2024-06-30, the company held over 51.42 million shares (or 10.8704% of shares), all amounting to roughly $791.31 million.
The next major institution holding the largest number of shares is VANGUARD GROUP INC with 46.89 million shares, or about 9.914% of shares outstanding. As of the market price on 2024-06-30, these shares were worth $721.69 million.
We also have iShares Trust-iShares Core S&P Mid-Cap ETF and VANGUARD INDEX FUNDS-Vanguard Total Stock Market Index Fund as the top two Mutual Funds with the largest holdings of the Cleveland-Cliffs Inc (CLF) shares. Going by data provided on Apr 30, 2025 , iShares Trust-iShares Core S&P Mid-Cap ETF holds roughly 15.67 shares. This is just over 3.17% of the total shares, with a market valuation of $112.53 million. Data from the same date shows that the other fund manager holds a little less at 15.66, or 3.17% of the shares, all valued at about 112.46 million.
