Cleveland-Cliffs Inc. (CLF)Basic Materials | Steel | Cleveland, United States | NYSE
12.12 USD
-0.03
(-0.247%) ⇩
(Oct. 16, 2026, 4 p.m.
EDT)
After hours: 12.08 -0.04 (-0.040%) ⇩ (Oct. 16, 2026, 7:59 p.m. EDT) |
Hot Take ↕ | Oct. 10, 2026, 11:01 a.m. EDT
The immediate catalyst here is the recent earnings beat and optimistic guidance, which has successfully ignited a short-term bullish narrative. However, the fundamental reality is starkly different: the company is currently losing money, with negative profit margins and a massive debt load relative to equity. While the stock trades at a low multiple compared to sales, the negative return on equity and operating cash flow suggest the business is struggling to generate sustainable capital. The options market reflects this tension; traders are betting on a volatile bounce around the current price but are not aggressively pricing in a massive expansion of value yet. The statistical forecasting model offers no help, showing a weak signal amidst noisy price action. Consequently, while the momentum is temporarily positive due to the earnings surprise, the underlying business quality does not support a high-conviction long-term buy at this time. |
| Model | MAE |
|---|---|
| AutoETS ✓ | 0.037720 |
| AutoARIMA | 0.038528 |
| AutoTheta | 0.050327 |
| MSTL | 0.096563 |
Forecast horizon: 45 days | Selected: AutoETS
| Forecast Reliability | |
|---|---|
| Score | 38% |
| H-stat | 1.89 |
| Ljung-Box p | 0.000 |
| Jarque-Bera p | 0.342 |
| Excess Kurtosis | -0.80 |
| Attribute | Value |
|---|---|
| Sector | Basic Materials |
| Ex Dividend Date | 2020-04-01 |
| Last Dividend Date | 2020-04-01 |
| Debt to Equity Ratio | 132.743 |
| Revenue per Share | 35.156 |
| Market Cap | 6,914,945,024 |
| Forward P/E | 12.76 |
| Beta | 2.09 |
| Profit Margins | -4.56% |
| Website | https://www.clevelandcliffs.com |
As of Oct. 10, 2026, 11:01 a.m. EDT: Speculators are positioning for continued volatility rather than a clear directional breakout. Call open interest is heavily concentrated at the $13 strike, acting as a major resistance wall, while put volume remains robust near the money ($11-$12 strikes). The skew shows significant hedging activity (high IV on deep OTM puts) alongside speculative buying of near-the-money calls, suggesting traders expect the stock to oscillate within a tight range rather than surge immediately. The lack of massive volume spikes in deep ITM calls indicates limited conviction in an immediate parabolic move.
| Date | Dividend | Yield % |
|---|---|---|
| 2020-04-02 | 0.060000 | 1.604278 |
| 2020-01-02 | 0.060000 | 0.765306 |
| 2019-10-03 | 0.100000 | 1.369863 |
| 2019-07-03 | 0.060000 | 0.544465 |
| 2019-04-04 | 0.050000 | 0.477099 |
| 2019-01-03 | 0.050000 | 0.655308 |
| 2014-11-12 | 0.150000 | 1.400560 |
| 2014-08-13 | 0.150000 | 0.861574 |
| 2014-05-21 | 0.150000 | 0.924214 |
| 2014-02-19 | 0.150000 | 0.683060 |
| 2013-11-20 | 0.150000 | 0.550863 |
| 2013-08-13 | 0.150000 | 0.627090 |
| 2013-05-15 | 0.150000 | 0.714286 |
| 2013-02-20 | 0.150000 | 0.549652 |
| 2012-11-20 | 0.625000 | 2.050525 |
| 2012-08-13 | 0.625000 | 1.443418 |
| 2012-04-25 | 0.625000 | 0.931307 |
| 2012-02-13 | 0.280000 | 0.389484 |
| 2011-11-16 | 0.280000 | 0.396994 |
| 2011-08-11 | 0.280000 | 0.379250 |
| 2011-04-27 | 0.140000 | 0.145003 |
| 2011-02-11 | 0.140000 | 0.159982 |
| 2010-11-17 | 0.140000 | 0.210812 |
| 2010-08-11 | 0.140000 | 0.241296 |
| 2010-05-12 | 0.140000 | 0.244158 |
| 2010-02-11 | 0.088000 | 0.192098 |
| 2009-11-18 | 0.088000 | 0.204461 |
| 2009-08-12 | 0.040000 | 0.146306 |
| 2009-05-20 | 0.040000 | 0.161420 |
| 2009-02-12 | 0.088000 | 0.325323 |
| 2008-11-12 | 0.088000 | 0.465362 |
| 2008-08-13 | 0.088000 | 0.093947 |
| 2008-05-21 | 0.044000 | 0.047317 |
| 2008-02-13 | 0.087500 | 0.149957 |
| 2007-11-20 | 0.062500 | 0.162994 |
| 2007-08-13 | 0.062500 | 0.183150 |
| 2007-05-16 | 0.062500 | 0.168896 |
| 2007-02-13 | 0.062500 | 0.227438 |
| 2006-11-21 | 0.062500 | 0.269513 |
| 2006-08-11 | 0.031500 | 0.181087 |
| 2006-05-17 | 0.062500 | 0.313913 |
| 2006-02-13 | 0.050000 | 0.213220 |
| 2005-11-10 | 0.050000 | 0.223264 |
| 2005-08-10 | 0.050000 | 0.261780 |
| 2005-05-18 | 0.025000 | 0.174886 |
| 2005-02-16 | 0.025000 | 0.140944 |
| 2004-11-17 | 0.025000 | 0.228363 |
| 2001-11-20 | 0.012500 | 0.600601 |
| 2001-08-14 | 0.012500 | 0.602410 |
| 2001-05-16 | 0.012500 | 0.521376 |
| 2001-02-09 | 0.012500 | 0.527704 |
| 2000-11-21 | 0.046875 | 1.851852 |
| 2000-08-10 | 0.046875 | 1.503759 |
| 2000-05-17 | 0.046875 | 1.530612 |
| 2000-02-14 | 0.046875 | 1.382488 |
| 1999-11-17 | 0.046875 | 1.310044 |
| 1999-08-11 | 0.046875 | 1.242236 |
| 1999-05-18 | 0.046875 | 1.011804 |
| 1999-02-12 | 0.046875 | 1.020408 |
| 1998-11-18 | 0.046875 | 0.986842 |
| 1998-08-11 | 0.046875 | 0.809717 |
| 1998-05-20 | 0.046875 | 0.681818 |
| 1998-02-13 | 0.040625 | 0.641184 |
| 1997-11-19 | 0.040625 | 0.768094 |
| 1997-08-08 | 0.040625 | 0.759124 |
| 1997-05-21 | 0.040625 | 0.771513 |
| 1997-02-18 | 0.040625 | 0.740741 |
| 1996-12-10 | 0.040625 | 0.744986 |
| 1996-08-16 | 0.040625 | 0.836013 |
| 1996-05-23 | 0.040625 | 0.802469 |
| 1996-02-14 | 0.040625 | 0.736544 |
| 1995-12-08 | 0.040625 | 0.809969 |
| 1995-08-16 | 0.040625 | 0.720222 |
| 1995-05-17 | 0.040625 | 0.809969 |
| 1995-02-13 | 0.040625 | 0.820189 |
| 1994-12-06 | 0.040625 | 0.942029 |
| 1994-08-15 | 0.037500 | 0.738462 |
| 1994-02-14 | 0.037500 | 0.703812 |
| 1993-12-07 | 0.037500 | 0.902256 |
| 1993-08-16 | 0.037500 | 0.937500 |
| 1993-07-14 | 0.335750 | 7.929151 |
| 1993-05-19 | 0.037500 | 0.888889 |
| 1993-02-16 | 0.037500 | 0.854093 |
| 1992-12-08 | 0.037500 | 0.789474 |
| 1992-08-17 | 0.037500 | 0.885609 |
| 1992-05-18 | 0.037500 | 0.872727 |
| 1992-02-18 | 0.034375 | 0.735786 |
| 1991-12-09 | 0.034375 | 0.802920 |
| 1991-08-16 | 0.034375 | 0.823970 |
| 1991-05-20 | 0.034375 | 0.901639 |
| 1991-02-19 | 0.525000 | 16.390244 |
| 1990-12-11 | 0.025000 | 0.780488 |
| 1990-08-17 | 0.025000 | 0.720721 |
| 1990-05-18 | 0.025000 | 0.640000 |
| 1990-02-20 | 0.025000 | 0.675105 |
| 1989-12-11 | 0.025000 | 0.650407 |
| 1989-08-21 | 0.025000 | 0.625000 |
| 1973-02-23 | 0.015000 | 0.750000 |
| Attribute | Value |
|---|---|
| 52 Week Change | -0.2509271 |
| Address1 | 200 Public Square |
| Address2 | Suite 3300 |
| All Time High | 121.95 |
| All Time Low | 0.75 |
| Ask | 12.03 |
| Ask Size | 10,700 |
| Audit Risk | 8 |
| Average Analyst Rating | 2.8 - Hold |
| Average Daily Volume10 Day | 19,480,230 |
| Average Daily Volume3 Month | 18,849,264 |
| Average Volume | 18,849,264 |
| Average Volume10Days | 19,480,230 |
| Beta | 2.093 |
| Bid | 12.07 |
| Bid Size | 5,600 |
| Board Risk | 4 |
| Book Value | 9.822 |
| City | Cleveland |
| Compensation As Of Epoch Date | 1,767,139,200 |
| Compensation Risk | 2 |
| Country | United States |
| Crypto Tradeable | 0 |
| Currency | USD |
| Current Price | 12.12 |
| Current Ratio | 1.89 |
| Custom Price Alert Confidence | HIGH |
| Date Short Interest | 1,790,726,400 |
| Day High | 12.69 |
| Day Low | 11.98 |
| Debt To Equity | 132.743 |
| Display Name | Cleveland-Cliffs |
| Dividend Date | 1,586,908,800 |
| Dividend Yield | 0.0 |
| Earnings Call Timestamp End | 1,792,440,000 |
| Earnings Call Timestamp Start | 1,792,440,000 |
| Earnings Timestamp | 1,792,413,000 |
| Earnings Timestamp End | 1,792,413,000 |
| Earnings Timestamp Start | 1,792,413,000 |
| Ebitda | 515,000,000 |
| Ebitda Margins | 0.02683 |
| Enterprise To Ebitda | 28.703 |
| Enterprise To Revenue | 0.77 |
| Enterprise Value | 14,781,945,856 |
| Eps Current Year | -0.17292 |
| Eps Forward | 0.95009 |
| Eps Trailing Twelve Months | -1.61 |
| Esg Populated | 0 |
| Ex Dividend Date | 1,585,785,600 |
| Exchange | NYQ |
| Exchange Data Delayed By | 20 |
| Exchange Timezone Name | America/New_York |
| Exchange Timezone Short Name | EDT |
| Fifty Day Average | 12.0102 |
| Fifty Day Average Change | 0.10980034 |
| Fifty Day Average Change Percent | 0.009142257 |
| Fifty Two Week Change Percent | -25.092709 |
| Fifty Two Week High | 16.7 |
| Fifty Two Week High Change | -4.580001 |
| Fifty Two Week High Change Percent | -0.27425155 |
| Fifty Two Week Low | 7.73 |
| Fifty Two Week Low Change | 4.39 |
| Fifty Two Week Low Change Percent | 0.56791717 |
| Fifty Two Week Range | 7.73 - 16.7 |
| Financial Currency | USD |
| First Trade Date Milliseconds | 99,153,000,000 |
| Five Year Avg Dividend Yield | 4.34 |
| Float Shares | 564,435,268 |
| Forward Eps | 0.95009 |
| Forward P E | 12.756686 |
| Free Cashflow | 6,125,000 |
| Full Exchange Name | NYSE |
| Full Time Employees | 25,000 |
| Fullday Change | -0.069999695 |
| Fullday Change Percent | -0.5761292 |
| Fullday Price | 12.12 |
| Gmt Off Set Milliseconds | -14,400,000 |
| Governance Epoch Date | 1,790,812,800 |
| Gross Margins | -0.01052 |
| Gross Profits | -202,000,000 |
| Has Pre Post Market Data | 1 |
| Held Percent Insiders | 0.00858 |
| Held Percent Institutions | 0.83928 |
| Implied Shares Outstanding | 570,540,047 |
| Industry | Steel |
| Industry Disp | Steel |
| Industry Key | steel |
| Ir Website | http://ir.cliffsnaturalresources.com/ |
| Is Earnings Date Estimate | 0 |
| Language | en-US |
| Last Dividend Date | 1,585,785,600 |
| Last Dividend Value | 0.06 |
| Last Fiscal Year End | 1,767,139,200 |
| Last Split Date | 1,210,896,000 |
| Last Split Factor | 2:1 |
| Long Business Summary | Cleveland-Cliffs Inc. operates as a steel producer in the United States and Canada. It offers hot-rolled, cold-rolled, and coated products, such as aluminized, electrogalvanized, and galvalume products, as well as galvanneal and hot-dipped galvanized products; stainless and electrical products, including GOES, NOES, and auto chrome; plate products; and slab and other steel products. The company also provides non- steelmaking products comprising stamped components, tool and die, and tubing; and scrap, iron ore, HBI, coal, and coke products. It also provides tubular components, including carbon steel, stainless steel, and electric resistance welded tubing products. In addition, the company is involved in the mining of iron ore; production of pellets and direct reduced iron; and processing of ferrous scrap through primary steelmaking and downstream finishing, stamping, tooling, and tubing. It serves direct automotive, infrastructure and manufacturing, distributors and converters, and steel producers. The company was formerly known as Cliffs Natural Resources Inc. and changed its name to Cleveland-Cliffs Inc. in August 2017. Cleveland-Cliffs Inc. was founded in 1847 and is headquartered in Cleveland, Ohio. |
| Long Name | Cleveland-Cliffs Inc. |
| Market | us_market |
| Market Cap | 6,914,945,024 |
| Market State | CLOSED |
| Max Age | 86,400 |
| Message Board Id | finmb_261738 |
| Most Recent Quarter | 1,782,777,600 |
| Net Income To Common | -866,000,000 |
| Next Fiscal Year End | 1,798,675,200 |
| Non Diluted Market Cap | 7,342,850,404 |
| Number Of Analyst Opinions | 10 |
| Open | 12.07 |
| Operating Cashflow | -251,000,000 |
| Operating Margins | 0.0034400001 |
| Overall Risk | 3 |
| Payout Ratio | 0.0 |
| Peg Ratio | 0.43 |
| Phone | 216 694 5700 |
| Post Market Change | -0.03999996 |
| Post Market Change Percent | -0.3300327 |
| Post Market Price | 12.08 |
| Post Market Time | 1,792,195,199 |
| Previous Close | 12.15 |
| Price Eps Current Year | -70.09021 |
| Price Hint | 2 |
| Price To Book | 1.2339646 |
| Price To Sales Trailing12 Months | 0.3602472 |
| Profit Margins | -0.045640003 |
| Quick Ratio | 0.586 |
| Quote Source Name | Nasdaq Real Time Price |
| Quote Type | EQUITY |
| Recommendation Key | hold |
| Recommendation Mean | 2.76923 |
| Region | US |
| Regular Market Change | -0.0299997 |
| Regular Market Change Percent | -0.246911 |
| Regular Market Day High | 12.69 |
| Regular Market Day Low | 11.98 |
| Regular Market Day Range | 11.98 - 12.69 |
| Regular Market Open | 12.07 |
| Regular Market Previous Close | 12.15 |
| Regular Market Price | 12.12 |
| Regular Market Time | 1,792,180,802 |
| Regular Market Volume | 24,906,473 |
| Return On Assets | -0.01706 |
| Return On Equity | -0.13862 |
| Revenue Growth | 0.059 |
| Revenue Per Share | 35.156 |
| Sand P52 Week Change | 0.13723719 |
| Sector | Basic Materials |
| Sector Disp | Basic Materials |
| Sector Key | basic-materials |
| Share Holder Rights Risk | 4 |
| Shares Outstanding | 570,540,047 |
| Shares Percent Shares Out | 0.1376 |
| Shares Short | 78,521,009 |
| Shares Short Previous Month Date | 1,788,134,400 |
| Shares Short Prior Month | 79,602,385 |
| Short Name | Cleveland-Cliffs Inc. |
| Short Percent Of Float | 0.1389 |
| Short Ratio | 5.64 |
| Source Interval | 15 |
| State | OH |
| Symbol | CLF |
| Target High Price | 15.0 |
| Target Low Price | 10.0 |
| Target Mean Price | 12.6 |
| Target Median Price | 12.25 |
| Total Cash | 70,000,000 |
| Total Cash Per Share | 0.123 |
| Total Debt | 7,722,999,808 |
| Total Revenue | 19,195,000,832 |
| Tradeable | 0 |
| Trailing Annual Dividend Rate | 0.0 |
| Trailing Annual Dividend Yield | 0.0 |
| Trailing Eps | -1.61 |
| Trailing Peg Ratio | None |
| Triggerable | 1 |
| Two Hundred Day Average | 11.3324 |
| Two Hundred Day Average Change | 0.78759956 |
| Two Hundred Day Average Change Percent | 0.0694998 |
| Type Disp | Equity |
| Volume | 24,906,473 |
| Website | https://www.clevelandcliffs.com |
| Zip | 44,114-2315 |