Cleveland-Cliffs Inc (NYSE:CLF) has a beta value of 1.85 and has seen 61.37 million shares traded in the recent trading session. The company, currently valued at $3.60B, closed the recent trade at $7.27 per share which meant it gained $1.44 on the day or 24.70% during that session. The CLF stock price is -139.48% off its 52-week high price of $17.41 and 22.56% above the 52-week low of $5.63. If we look at the company’s 10-day average daily trading volume, we find that it stood at 30.31 million shares traded. The 3-month trading volume is 24.31 million shares.
The consensus among analysts is that Cleveland-Cliffs Inc (CLF) is Buy stock at the moment, with a recommendation rating of 2.87. 3 analysts rate the stock as a Sell, while 0 rate it as Overweight. 3 out of 15 have rated it as a Hold, with 9 advising it as a Buy. 0 have rated the stock as Underweight. The expected earnings per share for the stock is -0.63.
Cleveland-Cliffs Inc (NYSE:CLF) trade information
Over the past 30 days, the shares of Cleveland-Cliffs Inc (NYSE:CLF) have changed -13.96%. Short interest in the company has seen 67.32 million shares shorted with days to cover at 3.35.
Wall Street analysts have a consensus price target for the stock at $11, which means that the shares’ value could jump 33.91% from the levels at last check today.. The projected low price target is $11.0 while the price target rests at a high of $11.0. In that case, then, we find that the latest price level in today’s session is -51.31% off the targeted high while a plunge would see the stock gain -51.31% from the levels at last check today..
Cleveland-Cliffs Inc (CLF) estimates and forecasts
The company’s shares have lost -39.67% over the past 6 months. Revenue growth from the last financial year stood is estimated to be 1.82%.
7 analysts offering their estimates for the company have set an average revenue estimate of 4.94B for the current quarter. 7 have an estimated revenue figure of 5.03B for the next ending quarter. Year-ago sales stood 5.09B and 4.57B respectively for this quarter and the next, and analysts expect sales will shrink by -3.07% for the current quarter and 1.82% for the next.
CLF Dividends
Cleveland-Cliffs Inc is expected to release its next earnings report on 2025-May-06 this year, and investors are excited at the prospect of better dividends despite the company’s debt issue.
Cleveland-Cliffs Inc (NYSE:CLF)’s Major holders
Insiders own 1.61% of the company shares, while shares held by institutions stand at 74.95% with a share float percentage of 76.17%. Investors are also buoyed by the number of investors in a company, with Cleveland-Cliffs Inc having a total of 734.0 institutions that hold shares in the company. The top two institutional holders are BLACKROCK INC. with over 51.42 million shares worth more than $791.31 million. As of 2024-06-30, BLACKROCK INC. held 10.8704% of shares outstanding.
The other major institutional holder is VANGUARD GROUP INC, with the holding of over 46.89 million shares as of 2024-06-30. The firm’s total holdings are worth over $721.69 million and represent 9.914% of shares outstanding.
Also the top two Mutual Funds that are holding company’s shares are iShares Trust-iShares Core S&P Mid-Cap ETF and VANGUARD INDEX FUNDS-Vanguard Total Stock Market Index Fund . As of Apr 30, 2025 , the former fund manager holds about 3.17% shares in the company for having 15.67 shares of worth $112.3 million while later fund manager owns 15.66 shares of worth $112.23 million as of Mar 31, 2025 , which makes it owner of about 3.17% of company’s outstanding stock.
