For example, a stock trading at $35 with earnings of $3 would have an earnings yield of 0.0857 or 8.57%. A yield of 8.57% also means 8.57 cents of earnings for $1 of investment.
…
Momentum Scorecard. More Info.
| Zacks Rank | Definition | Annualized Return |
|---|---|---|
| 1 | Strong Buy | 24.93% |
| 2 | Buy | 18.44% |
| 3 | Hold | 9.99% |
| 4 | Sell | 5.61% |
Similarly, Is CLF stock overvalued?
Price to Book Ratio
PB vs Industry: CLF is overvalued based on its PB Ratio (2.9x) compared to the US Metals and Mining industry average (2.5x).
Does Cleveland-Cliffs pay a dividend? CLEVELAND-CLIFFS (NYSE: CLF) does not pay a dividend.
Thereof, How high can Cleveland-Cliffs stock go?
The 8 analysts offering 12-month price forecasts for Cleveland-Cliffs Inc have a median target of 32.00, with a high estimate of 46.00 and a low estimate of 23.50. The median estimate represents a +3.76% increase from the last price of 30.84.
Is CLF a good stock?
The Cleveland-Cliffs Inc. stock holds a sell signal from the short-term moving average; at the same time, however, there is a buy signal from the long-term average. Since the short-term average is above the long-term average there is a general buy signal in the stock giving a positive forecast for the stock.
Who owns CLF stock?
Top 10 Owners of Cleveland-Cliffs Inc
| Stockholder | Stake | Shares owned |
|---|---|---|
| The Vanguard Group, Inc. | 7.92% | 41,589,740 |
| BlackRock Fund Advisors | 6.62% | 34,797,978 |
| Fidelity Management & Research Co… | 4.59% | 24,101,186 |
| SSgA Funds Management, Inc. | 2.91% | 15,270,791 |
How much debt is CLF?
Compare CLF With Other Stocks
| Cleveland-Cliffs Debt/Equity Ratio Historical Data | ||
|---|---|---|
| Date | Long Term Debt | Shareholder’s Equity |
| 2019-06-30 | $3.11B | $0.29B |
| 2019-03-31 | $3.05B | $0.26B |
| 2018-12-31 | $3.11B | $0.42B |
What sector is CLF stock?
Description. Cleveland-Cliffs Inc. operates as a flat-rolled steel producer in North America.
What is Zacks rating of CLF?
CLF 32.36 +0.15(0.47%)
Zacks Investment Research is releasing its prediction for CLF based on the 1-3 month trading system that nearly triples the S&P 500.
What type of company is CLF?
Cleveland-Cliffs Inc (NYSE:CLF)
Cleveland-Cliffs, Inc. is a flat-rolled steel producer, which supplies iron ore pellets to the North American steel industry.
Where is Cleveland-Cliffs based out of?
CLEVELAND-CLIFFS INC. is North America’s largest supplier of iron-ore pellets to the steel industry and is the oldest iron-mining firm with headquarters in Cleveland.
How many shares does Cleveland-Cliffs have?
Share Statistics
| Avg Vol (3 month) 3 | 23.76M |
|---|---|
| Shares Outstanding 5 | 524.41M |
| Implied Shares Outstanding 6 | N/A |
| Float 8 | 479.61M |
| % Held by Insiders 1 | 1.33% |
How much is US Steel debt?
Total Assets
| Dec 2021 | |
|---|---|
| Total Debt | 4.09 B |
| Total Liabilities | 8.71 B |
| Total Shareholder’s Equity | 9.01 B |
| Book Value Per Share | 34.15 |
How many shares does Cleveland Cliffs have?
Share Statistics
| Avg Vol (3 month) 3 | 23.76M |
|---|---|
| Shares Outstanding 5 | 524.41M |
| Implied Shares Outstanding 6 | N/A |
| Float 8 | 479.61M |
| % Held by Insiders 1 | 1.33% |
What does CLF company do?
About Cleveland-Cliffs Inc
Cleveland-Cliffs Inc. is an integrated mining and flat-rolled steel producer. It is engaged in manufacturing iron ore pellets.
Why is CLF down?
Cleveland-Cliffs stock (NYSE: CLF) dropped more than 8% over the last one week (five trading days). This was due to overall weakness in the steel market. Stocks of other steel companies like U.S. Steel Corp and Commercial Metals company also declined over the last week.
Why is Cleveland-Cliffs down today?
Cleveland-Cliffs stock is falling after its fourth-quarter earnings disappointed the market. Shares of the steelmaker are inexpensive, but investors fear falling profits—and sliding prices for the metal.
How much steel does CLF produce?
The company operates many fully-integrated steel mills and finishing facilities in Kentucky, Indiana, Illinois, Ohio, Michigan, Pennsylvania, West Virginia, and North Carolina. It has annual production capacity of approximately 23 million net tons of raw steel.
Who are Cleveland-Cliffs competitors?
Cleveland-Cliffs’s competitors
Cleveland-Cliffs’s top competitors include Howmet Aerospace, Gerdau, Sandvik, China Minmetals and Barrick Gold Corporation. Cleveland-Cliffs (formerly Cliffs Natural Resources) is a company operating in the iron ore mining and steel industry.
Is Cleveland-Cliffs an American owned company?
Cleveland-Cliffs Inc. Cleveland-Cliffs Inc., formerly Cliffs Natural Resources, is a Cleveland, Ohio-based company that specializes in the mining, beneficiation, and pelletizing of iron ore, as well as steelmaking, including stamping and tooling.
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External links.
| hide Authority control | |
|---|---|
| National libraries | United States |
What Cleveland Cliff owns?
Cleveland-Cliffs is the Largest Flat‑Rolled Steel Producer in North America. Following the acquisitions of ArcelorMittal USA and AK Steel, and the completion of our Toledo Direct Reduction plant, Cleveland-Cliffs is a different company. We are a vertically integrated high-value steel enterprise.
What companies does Cleveland-Cliffs own?
| Cliffs Natural Stone, LLC(11) | Minnesota |
| Cliffs Oil Shale Corp.(2) | Colorado |
| Cliffs Reduced Iron Corporation | Delaware |
| Cliffs Reduced Iron Management Company(4) | Delaware |
| Cliffs Sales Company | Ohio |
How much cash does US Steel have?
United States Steel cash on hand for 2020 was $1.985B , a 165.02% increase from 2019. United States Steel cash on hand for 2019 was $0.749B, a 25.1% decline from 2018.
…
Compare X With Other Stocks.
| United States Steel Annual Cash on Hand (Millions of US $) | |
|---|---|
| 2020 | $1,985 |
| 2019 | $749 |
| 2018 | $1,000 |
| 2017 | $1,553 |
Is US Steel a government?
United States Steel Corporation, more commonly known as U.S. Steel, is an American integrated steel producer headquartered in Pittsburgh, Pennsylvania, with production operations in the United States and Central Europe.
…
U.S. Steel.
| Type | Public |
|---|---|
| Number of employees | 23,350 (2020) |
| Website | USSteel.com |
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