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Cleveland-Cliffs Inc. (CLF)

NYSE - NYSE Delayed price. Currency in USD
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25.00+0.14 (+0.56%)
At close: 4:00PM EDT
24.98 -0.02 (-0.08%)
After hours: 07:59PM EDT
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Trade prices are not sourced from all markets
Previous close24.86
Bid24.91 x 1300
Ask25.04 x 3200
Day's range24.27 - 25.53
52-week range5.20 - 25.83
Avg. volume29,484,595
Market cap12.493B
Beta (5Y monthly)2.30
PE ratio (TTM)14.33
EPS (TTM)1.74
Earnings date21 Oct 2021 - 25 Oct 2021
Forward dividend & yieldN/A (N/A)
Ex-dividend date02 Apr 2020
1y target est26.42
  • Why Cleveland-Cliffs Stock Popped Today
    Motley Fool

    Why Cleveland-Cliffs Stock Popped Today

    Shares of iron ore mining company and steelmaker Cleveland-Cliffs (NYSE: CLF) closed 5.5% higher on Thursday, buoyed by news that it has bought back from ArcelorMittal (NYSE: MT) all of its Series B Participating Redeemable Preferred Stock. Management described the buyback as "a no-brainer," saying it was "highly accretive" for Cleveland-Cliffs shareholders, in that it will concentrate profits among fewer shares outstanding, shrinking the company's diluted share count by 10% "on a pro forma basis." Now, because Cleveland-Cliffs just finished reporting second-quarter earnings last week, it will be another several months before shareholders see the benefit of this transaction in dollars and cents.

  • Business Wire

    Cleveland-Cliffs Completes Redemption of All Outstanding Preferred Shares with $1.2 Billion in Cash, Reducing Diluted Share Count by 10%

    CLEVELAND, July 28, 2021--Cleveland-Cliffs Inc. (NYSE: CLF) announced today that it has completed the redemption of the entirety of its outstanding Series B Participating Redeemable Preferred Stock held by an affiliate of ArcelorMittal S.A. for approximately $1.2 billion, or $21.18 per common share for the equivalent of approximately 58 million common shares. The redemption was completed with existing liquidity. The elimination of the preferred shares from Cleveland-Cliffs’ capital structure red

  • Surging Earnings Estimates Signal Upside for Cleveland-Cliffs (CLF) Stock

    Surging Earnings Estimates Signal Upside for Cleveland-Cliffs (CLF) Stock

    Cleveland-Cliffs (CLF) shares have started gaining and might continue moving higher in the near term, as indicated by solid earnings estimate revisions.