Is Steel Dynamics stock a buy?

Steel Dynamics has received a consensus rating of Buy. The company’s average rating score is 2.56, and is based on 6 buy ratings, 2 hold ratings, and 1 sell rating.

Similarly Is Steel Dynamics a publicly traded company? Steel Dynamics, Inc.

Steel Dynamics.

Type Public company
Traded as Nasdaq: STLD S&P 400 component
Industry Metals
Founded 1993
Headquarters Fort Wayne, Indiana, United States

Is Stld a good stock to buy? Out of 7 analysts, 3 (42.86%) are recommending STLD as a Strong Buy, 2 (28.57%) are recommending STLD as a Buy, 1 (14.29%) are recommending STLD as a Hold, 1 (14.29%) are recommending STLD as a Sell, and 0 (0%) are recommending STLD as a Strong Sell. What is STLD’s earnings growth forecast for 2022-2024?

Additionally, What is Steel Dynamics net worth?

How much a company is worth is typically represented by its market capitalization, or the current stock price multiplied by the number of shares outstanding. Steel Dynamics net worth as of April 05, 2022 is $15.84B. Steel Dynamics, Inc. is unique among American steel companies.

Is STLD a buy Zack?

Steel Dynamics, Inc. – Buy. Zacks’ proprietary data indicates that Steel Dynamics, Inc. is currently rated as a Zacks Rank 1 and we are expecting an above average return from the STLD shares relative to the market in the next few months.

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.

Is CLF a buy now? Cleveland-Cliffs has received a consensus rating of Buy. The company’s average rating score is 2.64, and is based on 7 buy ratings, 4 hold ratings, and no sell ratings.

Is CLF a buy or sell? 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%

Is CLF 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).

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 Paypal a buy Zacks?

See rankings and related performance below. The VGM Score are a complementary set of indicators to use alongside the Zacks Rank.

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%

Who owns CLF stock? Top 10 Owners of Cleveland-Cliffs Inc

Stockholder Stake Shares owned
The Vanguard Group, Inc. 7.93% 41,589,740
BlackRock Fund Advisors 6.64% 34,797,978
Fidelity Management & Research Co… 4.60% 24,101,186
SSgA Funds Management, Inc. 2.91% 15,270,791

Is Cleveland-Cliffs a buy stock?

Stockchase rating for Cleveland-Cliffs Inc. is calculated according to the stock experts’ signals. A high score means experts mostly recommend to buy the stock while a low score means experts mostly recommend to sell the stock.

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

How much debt does Cleveland-Cliffs have? What Is Cleveland-Cliffs’s Net Debt? As you can see below, at the end of September 2021, Cleveland-Cliffs had US$5.35b of debt, up from US$4.31b a year ago. Click the image for more detail.

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 stock going down?

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.

What sector is CLF stock? Description. Cleveland-Cliffs Inc. operates as a flat-rolled steel producer in North America.

Does Cleveland-Cliffs have a dividend?

The current TTM dividend payout for Cleveland-Cliffs (CLF) as of April 06, 2022 is $0.00. The current dividend yield for Cleveland-Cliffs as of April 06, 2022 is 0.00%.

Is FB a Buy Zacks? See rankings and related performance below. The VGM Score are a complementary set of indicators to use alongside the Zacks Rank.

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%

Is Pinterest a buy Zacks?

– Hold. Zacks’ proprietary data indicates that Pinterest, Inc. is currently rated as a Zacks Rank 3 and we are expecting an inline return from the PINS shares relative to the market in the next few months.

Will Pypl stock go up? PayPal (PYPL) stock forecast: Targets for 2022 – 2027

The service predicted the PYPL stock to rise to $142.5 in 12 months’ time and topping $217 in 2027. PayPal share price forecast from Gov Capital indicated that the price could rise to $338.1 by April 2023.

Who owns cleveland-Cliffs? Cleveland-Cliffs

Type Public company
Founder Samuel Mather and associates
Headquarters 200 Public Square, Cleveland , USA
Key people C. Lourenco Goncalves, Chairman, CEO & President Keith A. Koci, CFO Clifford T. Smith, COO
Products Iron ore pellets Direct reduced iron Steel Stainless steel

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%

 

Zeen is a next generation WordPress theme. It’s powerful, beautifully designed and comes with everything you need to engage your visitors and increase conversions.