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 (2.4x).
Does CLF pay dividend? CLF does not currently pay a dividend.
Thereof, Why CLF is going down?
The drop in CLF stock recently has been driven by the fall in iron ore prices. … Efforts of decarbonization in China have led to the drop in iron ore prices. Additionally, the prices of steel are also likely to go down as Chinese steel supply is expected to rise in early 2022.
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 |
What does CLF company do?
Cleveland-Cliffs Inc. is an integrated mining and flat-rolled steel producer. It is engaged in manufacturing iron ore pellets. It is vertically integrated from mined raw materials, direct reduced iron and ferrous scrap to primary steelmaking and downstream finishing, stamping, tooling, and tubing.
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% |
What sector is CLF stock in?
Cleveland-Cliffs, Inc. is a flat-rolled steel producer, which supplies iron ore pellets to the North American steel industry. It engages in the production of metallics and coke, iron making, steelmaking, rolling and finishing, and downstream tubular components, stamping, and tooling.
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.
What is CLF stand for?
CLF
| Acronym | Definition |
|---|---|
| CLF | Central Liquidity Facility |
| CLF | Common Log Format |
| CLF | Civilian Labor Force |
| CLF | Common Look and Feel |
Who owns Cleveland-Cliffs steel?
Cleveland-Cliffs Inc., a Cleveland-based iron ore and steel company that recently swelled in size by buying AK Steel for $1.1 billion, has reached an agreement with Luxembourg-based multinational steel giant ArcelorMittal to acquire its U.S. assets, including its Northwest Indiana steel mills, for $1.4 billion in stock …
What companies did Cleveland-Cliffs buy?
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.
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.
…
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.
Is Cleveland-Cliffs a good company?
Is Cleveland-Cliffs a good company to work for? Cleveland-Cliffs has an overall rating of 3.7 out of 5, based on over 281 reviews left anonymously by employees. 67% of employees would recommend working at Cleveland-Cliffs to a friend and 71% have a positive outlook for the business.
What kind the 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. It engages in the production of metallics and coke, iron making, steelmaking, rolling and finishing, and downstream tubular components, stamping, and tooling.
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 -0.03% decrease from the last price of 32.01.
Is Cleveland-Cliffs a good company to work for?
Is Cleveland-Cliffs a good company to work for? Cleveland-Cliffs has an overall rating of 3.7 out of 5, based on over 281 reviews left anonymously by employees. 67% of employees would recommend working at Cleveland-Cliffs to a friend and 71% have a positive outlook for the business.
How many people work for Cleveland-Cliffs?
Headquartered in Cleveland, Ohio, Cleveland-Cliffs employs approximately 26,000 people across its operations in the United States and Canada.
How many people work cliffs?
Headquartered in Cleveland, Ohio, we employ approximately 25,000 people across our mining, steel and downstream manufacturing operations in the United States and Canada.
What is CLF finance?
The Chartered Leadership Fellow® (CLF®) program provides financial services managers with the knowledge and tools they need to achieve key organizational goals, such as recruitment and retention, setting performance standards, and developing business plans.
What steel company did Cleveland-Cliffs buy?
CLEVELAND, Ohio – Cleveland-Cliffs Inc. has completed its deal to purchase nearly all of the assets of steel company ArcelorMittal USA for $1.4 billion.
What steel companies did Cleveland-Cliffs buy?
About Cleveland-Cliffs Inc.
In 2020, Cliffs acquired two major steelmakers, AK Steel and ArcelorMittal USA, vertically integrating its legacy iron ore business with quality-focused steel production and emphasis on the automotive end market.
Join TheMoney.co community and don’t forget to share this post !
