CLF RSI Chart
Last 7 days
7.6%
Last 30 days
7.0%
Last 90 days
2.5%
Trailing 12 Months
2.0%
Historical Charts for Stock Metrics
Year | Q1 | Q2 | Q3 | Q4 |
---|---|---|---|---|
2023 | 22.3B | 22.0B | 21.9B | 22.0B |
2022 | 22.4B | 23.6B | 23.3B | 23.0B |
2021 | 9.0B | 13.0B | 17.4B | 20.4B |
2020 | 2.2B | 2.5B | 3.6B | 5.4B |
2019 | 2.3B | 2.3B | 2.2B | 2.0B |
2018 | 1.8B | 2.0B | 2.1B | 2.3B |
2017 | 2.1B | 2.1B | 2.1B | 1.9B |
2016 | 1.9B | 1.9B | 1.8B | 2.1B |
2015 | 3.2B | 3.0B | 2.6B | 2.0B |
2014 | 5.2B | 4.4B | 3.9B | 3.4B |
2013 | 5.8B | 5.7B | 5.7B | 5.7B |
2012 | 6.8B | 6.5B | 6.0B | 5.9B |
2011 | 5.1B | 5.8B | 6.5B | 6.7B |
2010 | 2.6B | 3.4B | 4.1B | 4.7B |
2009 | 3.6B | 3.0B | 2.4B | 2.3B |
2008 | 0 | 2.7B | 3.2B | 3.6B |
2007 | 0 | 0 | 0 | 2.3B |
Datesorted ascending | Name | Buy/Sell | $ Value | Avg. Price | # Shares | Title |
---|---|---|---|---|---|---|
Mar 13, 2024 | green susan miranda | sold | -132,601 | 20.4001 | -6,500 | - |
Mar 06, 2024 | goncalves lourenco | sold | -3,778,280 | 20.19 | -187,136 | chairman, president & ceo |
Mar 06, 2024 | graham james d | sold | -487,669 | 20.19 | -24,154 | evp chief legal admin & sec |
Mar 06, 2024 | graham james d | acquired | 185,986 | 7.7 | 24,154 | evp chief legal admin & sec |
Mar 06, 2024 | fedor terry g. | sold | -553,812 | 20.19 | -27,430 | evp, operations |
Mar 06, 2024 | yocum arlene m | bought | 40,050 | 20.025 | 2,000 | - |
Mar 06, 2024 | smith clifford t | acquired | 211,211 | 7.7 | 27,430 | evp & president, cc steel |
Mar 06, 2024 | fedor terry g. | acquired | 211,211 | 7.7 | 27,430 | evp, operations |
Mar 06, 2024 | smith clifford t | sold | -553,812 | 20.19 | -27,430 | evp & president, cc steel |
Mar 06, 2024 | goncalves lourenco | acquired | 1,440,950 | 7.7 | 187,136 | chairman, president & ceo |
Which funds bought or sold CLF recently?
View All DetailsDatesorted ascending | Fund Name | Type | % Chg | $ Change | $ Held | % Portfolio |
---|---|---|---|---|---|---|
Mar 22, 2024 | PNC FINANCIAL SERVICES GROUP, INC. | reduced | -3.17 | 1,174,730 | 5,605,940 | -% |
Mar 21, 2024 | HEALTHCARE OF ONTARIO PENSION PLAN TRUST FUND | new | - | 2,285,550 | 2,285,550 | 0.01% |
Mar 15, 2024 | B. Riley Wealth Advisors, Inc. | reduced | -15.49 | 353,562 | 3,749,340 | 0.10% |
Mar 11, 2024 | VANGUARD GROUP INC | reduced | -0.54 | 235,619,000 | 1,022,450,000 | 0.02% |
Mar 05, 2024 | Fisher Asset Management, LLC | reduced | -16.1 | 11,634,300 | 132,665,000 | 0.07% |
Mar 05, 2024 | True Vision MN LLC | new | - | 495,818 | 495,818 | 0.40% |
Mar 04, 2024 | Fortis Group Advisors, LLC | unchanged | - | - | 406,916 | 0.10% |
Mar 01, 2024 | GOLDMAN SACHS GROUP INC | added | 304 | 31,424,500 | 38,751,400 | -% |
Mar 01, 2024 | Creekmur Asset Management LLC | new | - | 44,985 | 44,985 | 0.01% |
Mar 01, 2024 | Pineridge Advisors LLC | new | - | 56,849 | 56,849 | 0.02% |
Unveiling Cleveland-Cliffs Inc's Major ShareHolders
Date Filed | Name of Filer | Percent of Class | No. of Shares | Form Type | |
---|---|---|---|---|---|
Stocks Marked 'Very Cheap' by Grufity's Fair Value Model Have Outperformed Russell 2000 Index
Small Caps and Mid Caps are mostly overlooked by investors as all the focus goes to Magnificent 7. These stocks that are not part of the beauty contest require a deeper look. However, all large cap stocks were once small caps. Grufity's Fair Value model opens up this unverse as it separates high-performing, rewarding stocks from low-performing risky stocks. <b>Russell 2000 stocks that were marked 'Very Cheap' by the model doubled in three years while the index was flat.</b>
Returns of $10,000 invested in:
Very Cheap Stocks: $21,859
Russell 2000 Index: $10,334
Very Expensive Stocks: $8,224
Russell 2000 stocks considered 'Very Cheap' by the model greatly outperformed Russell 2000 index and the 'Very Expensive' bucket over past three years.
Peers (Alternatives to Cleveland-Cliffs Inc)
Name | Mkt Capsorted ascending | Revenue | Price %, 1M | Returns, 1Y | P/E | P/S | Rev 1-Yr | Inc 1-Yr |
---|---|---|---|---|---|---|---|---|
LARGE-CAP | ||||||||
SCCO | 80.7B | 9.9B | 33.13 | 8.15 | ||||
FCX | 65.8B | 22.9B | 17.55 | 2.88 | ||||
NUE | 47.8B | 34.7B | 10.56 | 1.38 | ||||
NEM | 40.7B | 11.8B | -16.3 | 3.44 | ||||
RS | 19.4B | 14.8B | 14.45 | 1.31 | ||||
CLF | 11.0B | 22.0B | 24.52 | 0.5 | ||||
MID-CAP | ||||||||
CMC | 6.7B | 8.4B | 9.87 | 0.8 | ||||
AA | 6.0B | 10.6B | -9.02 | 0.57 | ||||
MTRN | 2.9B | 1.7B | 29.99 | 1.72 | ||||
HL | 2.8B | 720.2M | -33.4 | 3.91 | ||||
SMALL-CAP | ||||||||
CDE | 1.4B | 821.2M | -13.31 | 1.68 | ||||
CENX | 1.4B | 2.2B | -31.79 | 0.63 | ||||
CMP | 640.7M | 1.2B | -10.96 | 0.54 | ||||
AUMN | 4.1M | 12.0M | -0.44 | 0.34 | ||||
GLG | 966.8K | 24.0M | -0.26 | 0.04 |
Cleveland-Cliffs Inc News
Income Statement (Quarterly) | ||||||||||||||||||||||
Description | (%) Q/Q | 2023Q4 | 2023Q3 | 2023Q2 | 2023Q1 | 2022Q4 | 2022Q3 | 2022Q2 | 2022Q1 | 2021Q4 | 2021Q3 | 2021Q2 | 2021Q1 | 2020Q4 | 2020Q3 | 2020Q2 | 2020Q1 | 2019Q4 | 2019Q3 | 2019Q2 | 2019Q1 | 2018Q4 |
Revenue | -8.8% | 5,112 | 5,605 | 5,984 | 5,295 | 5,044 | 5,653 | 6,337 | 5,955 | 5,346 | 6,004 | 5,045 | 4,049 | 2,256 | 1,646 | 1,093 | 359 | 534 | 556 | 743 | 157 | 696 |
Gross Profit | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 127 | 155 | 263 | 31.00 | 202 |
Costs and Expenses | -1.3% | 5,212 | 5,280 | 5,501 | 5,326 | 5,226 | 5,466 | 5,497 | 4,861 | 4,227 | 4,355 | 3,978 | 3,872 | 2,149 | 1,608 | 1,301 | 438 | 453 | 434 | 516 | 158 | - |
Operating Expenses | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 45.00 | 33.00 | 36.00 | 32.00 | 39.00 |
S&GA Expenses | 9.0% | 157 | 144 | 149 | 127 | 112 | 124 | 107 | 122 | 93.00 | 116 | 105 | 108 | 95.00 | 59.00 | 62.00 | 28.00 | 31.00 | 26.00 | 29.00 | 27.00 | 33.00 |
EBITDA Margin | 3.8% | 0.08* | 0.08* | 0.07* | 0.09* | 0.13* | 0.19* | 0.25* | 0.27* | 0.24* | 0.22* | 0.15* | 0.08* | - | - | - | - | - | - | - | - | - |
Interest Expenses | -10.0% | 54.00 | 60.00 | 63.00 | 79.00 | 48.00 | 68.00 | 68.00 | 65.00 | 68.00 | 83.00 | 73.00 | 75.00 | 53.00 | 50.00 | 37.00 | 30.00 | 26.00 | 39.00 | -26.10 | 39.00 | 199 |
Income Taxes | 3.4% | 30.00 | 29.00 | 102 | -13.00 | 19.00 | 10.00 | 157 | 237 | 214 | 334 | 216 | 9.00 | -13.00 | -22.00 | -25.00 | -51.00 | -5.10 | 5.00 | 22.00 | -3.70 | -489 |
Earnings Before Taxes | -135.6% | -108 | 303 | 458 | -56.00 | -186 | 175 | 757 | 1,050 | 1,112 | 1,615 | 1,010 | 66.00 | 60.00 | -20.00 | -132 | -101 | 59.00 | 97.00 | 183 | -25.80 | 135 |
EBT Margin | 14.7% | 0.03* | 0.02* | 0.02* | 0.03* | 0.08* | 0.13* | 0.19* | 0.21* | 0.19* | 0.16* | 0.09* | 0.00* | - | - | - | - | - | - | - | - | - |
Net Income | -150.5% | -139 | 275 | 356 | -42.00 | -204 | 165 | 601 | 814 | 899 | 1,282 | 795 | 57.00 | 74.00 | 2.00 | -108 | -49.00 | 63.00 | 91.00 | 161 | -22.10 | 610 |
Net Income Margin | 16.5% | 0.02* | 0.02* | 0.01* | 0.02* | 0.06* | 0.11* | 0.15* | 0.17* | 0.15* | 0.13* | 0.07* | 0.00* | - | - | - | - | - | - | - | - | - |
Free Cashflow | -19.5% | 487 | 605 | 756 | -227 | 262 | 288 | 633 | 297 | 905 | 1,341 | 349 | -515 | - | - | - | - | - | - | - | - | - |
Balance Sheet | ||||||||||||||||||||||
Description | (%) Q/Q | 2023Q4 | 2023Q3 | 2023Q2 | 2023Q1 | 2022Q4 | 2022Q3 | 2022Q2 | 2022Q1 | 2021Q4 | 2021Q3 | 2021Q2 | 2021Q1 | 2020Q4 | 2020Q3 | 2020Q2 | 2020Q1 | 2019Q4 | 2019Q3 | 2019Q2 | 2019Q1 | 2018Q4 |
Assets | -2.9% | 17,537 | 18,059 | 18,303 | 18,652 | 18,755 | 19,688 | 20,039 | 19,768 | 18,975 | 18,066 | 17,746 | 17,215 | 16,771 | 8,481 | 8,491 | 8,912 | 3,504 | 3,491 | 3,393 | 3,306 | 3,530 |
Current Assets | -4.4% | 6,636 | 6,941 | 7,165 | 7,444 | 7,422 | 8,325 | 8,768 | 8,559 | 7,653 | 7,146 | 6,574 | 5,861 | 5,298 | 2,629 | 2,642 | 3,066 | 898 | 1,065 | 1,119 | 1,126 | 1,480 |
Cash Equivalents | 538.7% | 198 | 31.00 | 34.00 | 59.00 | 26.00 | 56.00 | 47.00 | 35.00 | 48.00 | 42.00 | 73.00 | 110 | 112 | 56.00 | 74.00 | 187 | 353 | 399 | 377 | 430 | 823 |
Inventory | -2.9% | 4,460 | 4,592 | 4,727 | 4,923 | 5,130 | 5,542 | 5,784 | 5,562 | 5,188 | 4,505 | 4,280 | 3,932 | 3,828 | 1,795 | 1,934 | 2,149 | 317 | - | 219 | 313 | 181 |
Net PPE | 0.7% | 8,895 | 8,837 | 8,878 | 8,950 | 9,070 | 9,030 | 9,047 | 9,012 | 9,186 | 8,974 | 8,982 | 9,014 | 8,743 | 4,551 | 4,548 | 4,550 | 1,929 | 1,770 | 1,597 | 1,410 | 1,286 |
Goodwill | -11.1% | 1,005 | 1,130 | 1,130 | 1,130 | 1,130 | 1,141 | 1,149 | 1,127 | 1,116 | 1,072 | 1,070 | 174 | 1,406 | 144 | 139 | 141 | 2.00 | - | - | - | - |
Liabilities | -3.9% | 9,415 | 9,795 | 10,259 | 10,859 | 10,713 | 12,420 | 13,045 | 13,160 | 13,201 | 13,776 | 13,467 | 13,758 | 13,692 | 7,357 | 7,373 | 7,681 | 3,146 | 3,131 | 3,108 | 3,045 | 3,105 |
Current Liabilities | 6.5% | 3,508 | 3,294 | 3,408 | 3,460 | 3,549 | 3,580 | 3,987 | 3,751 | 3,561 | 3,279 | 2,986 | 2,933 | 2,929 | 1,214 | 1,038 | 1,371 | 409 | 459 | 437 | 394 | 468 |
Long Term Debt | -9.3% | 3,137 | 3,458 | 3,963 | 4,559 | 4,249 | 4,475 | 4,668 | 5,028 | 5,238 | 5,350 | 5,368 | 5,734 | 5,390 | 4,310 | 4,452 | 4,357 | 2,114 | 2,109 | 2,105 | 2,087 | 2,093 |
LT Debt, Non Current | -9.3% | 3,137 | 3,458 | 3,963 | 4,559 | 4,249 | 4,475 | 4,668 | 5,028 | 5,238 | 5,350 | 5,368 | 5,734 | 5,390 | 4,310 | 4,452 | 4,357 | 2,114 | 2,109 | 2,105 | 2,087 | 2,093 |
Shareholder's Equity | -1.7% | 7,887 | 8,020 | 8,044 | 7,793 | 7,791 | 7,268 | 6,994 | 6,608 | 5,774 | 4,290 | 3,541 | 2,719 | 2,341 | 1,124 | 1,118 | 1,231 | 358 | 360 | 286 | 262 | 424 |
Retained Earnings | -8.2% | 1,733 | 1,888 | 1,624 | 1,277 | 1,334 | 1,548 | 1,396 | 800 | -1.00 | -894 | -2,168 | -2,948 | -2,989 | -3,052 | -3,042 | -2,918 | -2,842 | -2,889 | -2,952 | -3,096 | -3,060 |
Additional Paid-In Capital | 0.2% | 4,861 | 4,850 | 4,841 | 4,832 | 4,871 | 4,864 | 4,855 | 4,848 | 4,892 | 4,887 | 5,491 | 5,487 | 5,431 | 4,446 | 4,444 | 4,450 | 3,873 | 3,868 | 3,864 | 3,860 | 3,917 |
Shares Outstanding | 0.0% | 505 | 505 | 509 | 515 | 513 | 515 | 517 | 525 | 500 | 500 | 500 | 499 | - | - | - | - | - | - | - | - | - |
Minority Interest | -3.7% | 235 | 244 | 242 | 247 | 251 | 260 | 265 | 269 | 284 | 294 | 308 | 330 | 323 | 313 | 325 | 328 | - | - | - | - | - |
Float | - | - | - | 8,391 | - | - | - | 7,844 | - | - | - | 10,636 | - | - | - | 2,171 | - | - | - | 2,840 | - | - |
Cashflow (Quarterly) | ||||||||||||||||||||||
Description | (%) Q/Q | 2023Q4 | 2023Q3 | 2023Q2 | 2023Q1 | 2022Q4 | 2022Q3 | 2022Q2 | 2022Q1 | 2021Q4 | 2021Q3 | 2021Q2 | 2021Q1 | 2020Q4 | 2020Q3 | 2020Q2 | 2020Q1 | 2019Q4 | 2019Q3 | 2019Q2 | 2019Q1 | 2018Q4 |
Cashflow From Operations | -15.0% | 652 | 767 | 887 | -39.00 | 489 | 536 | 865 | 533 | 1,137 | 1,516 | 511 | -379 | -207 | 247 | -134 | -164 | 180 | 237 | 262 | -111 | 290 |
Cashflow From Investing | 24.4% | -121 | -160 | -125 | -185 | -209 | -260 | -232 | -235 | -965 | -172 | -107 | -135 | -802 | -88.00 | -145 | -1,007 | -194 | -157 | -166 | -125 | -99.30 |
Cashflow From Financing | 40.3% | -364 | -610 | -787 | 257 | -310 | -267 | -621 | -311 | -166 | -1,375 | -441 | 512 | 1,065 | -177 | 166 | 1,005 | -27.10 | -59.00 | -150 | -157 | -268 |
Dividend Payments | - | - | - | - | - | - | - | - | - | - | - | - | - | 0.00 | - | 24.00 | 17.00 | 27.00 | 16.00 | 14.00 | 15.00 | - |
Buy Backs | -101.7% | -1.00 | 59.00 | 95.00 | - | 30.00 | 34.00 | 157 | 19.00 | - | - | - | - | - | - | - | - | 0.00 | - | 129 | 124 | 48.00 |
Statements Of Consolidated Operations - USD ($) $ in Millions | 12 Months Ended | ||
---|---|---|---|
Dec. 31, 2023 | Dec. 31, 2022 | Dec. 31, 2021 | |
Income Statement [Abstract] | |||
Revenues | $ 21,996 | $ 22,989 | $ 20,444 |
Operating costs: | |||
Cost of goods sold | (20,605) | (20,471) | (15,910) |
Selling, general and administrative expenses | (577) | (465) | (422) |
Acquisition-related costs | (12) | (4) | (20) |
Goodwill impairment | (125) | 0 | 0 |
Miscellaneous – net | 0 | (110) | (80) |
Total operating costs | (21,319) | (21,050) | (16,432) |
Operating income | 677 | 1,939 | 4,012 |
Other income (expense): | |||
Interest expense, net | (289) | (276) | (337) |
Loss on extinguishment of debt | 0 | (75) | (88) |
Net periodic benefit credits other than service cost component | 204 | 212 | 210 |
Other non-operating income (loss) | 5 | (4) | 6 |
Total other expense | (80) | (143) | (209) |
Income from continuing operations before income taxes | 597 | 1,796 | 3,803 |
Income tax expense | (148) | (423) | (773) |
Income from continuing operations | 449 | 1,373 | 3,030 |
Income from discontinued operations, net of tax | 1 | 3 | 3 |
Net income | 450 | 1,376 | 3,033 |
Net income attributable to noncontrolling interests | (51) | (41) | (45) |
Net income attributable to Cliffs shareholders | $ 399 | $ 1,335 | $ 2,988 |
Earnings per common share attributable to Cliffs shareholders - basic | |||
Continuing operations (in dollars per share) | $ 0.78 | $ 2.57 | $ 5.62 |
Discontinued operations (in dollars per share) | 0 | 0 | 0.01 |
Earnings (loss) per common share attributable to Cliffs common shareholders - basic (in dollars per share) | 0.78 | 2.57 | 5.63 |
Earnings per common share attributable to Cliffs shareholders - diluted | |||
Continuing operations (in dollars per share) | 0.78 | 2.55 | 5.35 |
Discontinued operations (in dollars per share) | 0 | 0 | 0.01 |
Earnings (loss) per common share attributable to Cliffs common shareholders - diluted (in dollars per share) | $ 0.78 | $ 2.55 | $ 5.36 |
Statements of Consolidated Financial Position - USD ($) $ in Millions | Dec. 31, 2023 | Dec. 31, 2022 |
---|---|---|
Current assets: | ||
Cash and cash equivalents | $ 198 | $ 26 |
Accounts receivable, net | 1,840 | 1,960 |
Inventories | 4,460 | 5,130 |
Other current assets | 138 | 306 |
Total current assets | 6,636 | 7,422 |
Non-current assets: | ||
Property, plant and equipment, net | 8,895 | 9,070 |
Goodwill | 1,005 | 1,130 |
Pension and OPEB assets | 329 | 356 |
Other non-current assets | 672 | 777 |
TOTAL ASSETS | 17,537 | 18,755 |
Current liabilities: | ||
Accounts payable | 2,099 | 2,186 |
Accrued employment costs | 511 | 429 |
Accrued expenses | 380 | 383 |
Other current liabilities | 518 | 551 |
Total current liabilities | 3,508 | 3,549 |
Non-current liabilities: | ||
Long-term debt | 3,137 | 4,249 |
Pension and OPEB liabilities | 821 | 1,058 |
Deferred income taxes | 639 | 590 |
Other non-current liabilities | 1,310 | 1,267 |
TOTAL LIABILITIES | 9,415 | 10,713 |
Commitments and contingencies (See NOTE 20) | ||
Equity: | ||
Common Shares - par value $0.125 per share | 66 | 66 |
Capital in excess of par value of shares | 4,861 | 4,871 |
Retained earnings | 1,733 | 1,334 |
Cost of 26,164,757 common shares in treasury (2022 - 17,710,751 shares) | (430) | (310) |
Accumulated other comprehensive income | 1,657 | 1,830 |
Total Cliffs shareholders' equity | 7,887 | 7,791 |
Noncontrolling interests | 235 | 251 |
TOTAL EQUITY | 8,122 | 8,042 |
TOTAL LIABILITIES AND EQUITY | $ 17,537 | $ 18,755 |