Cleveland-Cliffs Inc. (CLF)Basic Materials | Steel | Cleveland, United States | NYSE
9.19 USD
-0.54
(-5.601%) ⇩
(April 21, 2026, 2:13 p.m.
EDT)
Short-term: ★★☆☆☆ | Long-term: ★☆☆☆☆ | Dividends: ☆☆☆☆☆ |
Hot Take | April 18, 2026, 11:36 p.m. EDT
Cleveland-Cliffs (CLF) is a deceptive short-term beta play with terrible long-term fundamentals. While the price has modestly recovered from the lows, the company remains unprofitable with negative free cash flow and an increased debt load, making any rising tide reliant entirely on volume cycles which are not currently data-supported. The options market is the only bright spot, showing renewed interest in an upside move, but the lack of deep fundamental support and lack of dividends make this a risky momentum trap that excludes almost all risk-averse capital. |
| Model | MAE |
|---|---|
| AutoETS ✓ | 0.346422 |
| AutoARIMA | 0.346423 |
| MSTL | 0.357510 |
| AutoTheta | 0.431179 |
Forecast horizon: 45 days | Selected: AutoETS
| Forecast Reliability | |
|---|---|
| Score | 47% |
| H-stat | 5.88 |
| Ljung-Box p | 0.000 |
| Jarque-Bera p | 0.153 |
| Excess Kurtosis | -0.73 |
| Attribute | Value |
|---|---|
| Sector | Basic Materials |
| Ex Dividend Date | 2020-04-01 |
| Last Dividend Date | 2020-04-01 |
| Debt to Equity Ratio | 128.975 |
| Revenue per Share | 36.073 |
| Market Cap | 5,239,092,736 |
| Forward P/E | 17.61 |
| Beta | 1.92 |
| Profit Margins | -6.44% |
| Website | https://www.clevelandcliffs.com |
As of April 18, 2026, 11:36 p.m. EDT: Options data reveals high uncertainty with a 'long' bias in Open Interest concentration, yet immediate short-term gamma exposure suggests a low floor. Call activity is heavily skewed toward putting at-the-money (ATM) calls (10.0 strike) acting as a resistance wall, while significant bid pressure exists at 11.0-12.0. A notable short squeeze signal is growing: in May ends, out-of-the-money (OTM) call volume significantly exceeds open interest (e.g., 10% at-mo calls), suggesting new long positioning that hints at a potential breakout attempt above current prices (~9.94). Conversely, put volume is moderate but heavy at lower strikes (8.0), indicating a defined floor around 7-8, but overall flow is mixed with no decisive directional narrative other than a preference for premium collection or speculation on a gap up.
| Date | Dividend | Yield % |
|---|---|---|
| 2020-04-02 | 0.060000 | 1.604278 |
| 2020-01-02 | 0.060000 | 0.777584 |
| 2019-10-03 | 0.100000 | 1.401853 |
| 2019-07-03 | 0.060000 | 0.565495 |
| 2019-04-04 | 0.050000 | 0.498261 |
| 2019-01-03 | 0.050000 | 0.687632 |
| 2014-11-12 | 0.150000 | 1.479055 |
| 2014-08-13 | 0.150000 | 0.922724 |
| 2014-05-21 | 0.150000 | 0.998275 |
| 2014-02-19 | 0.150000 | 0.744752 |
| 2013-11-20 | 0.150000 | 0.604579 |
| 2013-08-13 | 0.150000 | 0.692004 |
| 2013-05-15 | 0.150000 | 0.793088 |
| 2013-02-20 | 0.150000 | 0.614426 |
| 2012-11-20 | 0.625000 | 2.304154 |
| 2012-08-13 | 0.625000 | 1.651197 |
| 2012-04-25 | 0.625000 | 1.080403 |
| 2012-02-13 | 0.280000 | 0.456130 |
| 2011-11-16 | 0.280000 | 0.466702 |
| 2011-08-11 | 0.280000 | 0.447548 |
| 2011-04-27 | 0.140000 | 0.171791 |
| 2011-02-11 | 0.140000 | 0.189809 |
| 2010-11-17 | 0.140000 | 0.250512 |
| 2010-08-11 | 0.140000 | 0.287347 |
| 2010-05-12 | 0.140000 | 0.291421 |
| 2010-02-11 | 0.088000 | 0.229850 |
| 2009-11-18 | 0.088000 | 0.245143 |
| 2009-08-12 | 0.040000 | 0.175768 |
| 2009-05-20 | 0.040000 | 0.194219 |
| 2009-02-12 | 0.088000 | 0.392083 |
| 2008-11-12 | 0.088000 | 0.562754 |
| 2008-08-13 | 0.088000 | 0.114073 |
| 2008-05-21 | 0.044000 | 0.057512 |
| 2008-02-13 | 0.087500 | 0.182350 |
| 2007-11-20 | 0.062500 | 0.198505 |
| 2007-08-13 | 0.062500 | 0.223426 |
| 2007-05-16 | 0.062500 | 0.206421 |
| 2007-02-13 | 0.062500 | 0.278436 |
| 2006-11-21 | 0.062500 | 0.330728 |
| 2006-08-11 | 0.031500 | 0.222838 |
| 2006-05-17 | 0.062500 | 0.386965 |
| 2006-02-13 | 0.050000 | 0.263643 |
| 2005-11-10 | 0.050000 | 0.276633 |
| 2005-08-10 | 0.050000 | 0.325095 |
| 2005-05-18 | 0.025000 | 0.217767 |
| 2005-02-16 | 0.025000 | 0.175827 |
| 2004-11-17 | 0.025000 | 0.285299 |
| 2001-11-20 | 0.012500 | 0.752105 |
| 2001-08-14 | 0.012500 | 0.758805 |
| 2001-05-16 | 0.012500 | 0.660700 |
| 2001-02-09 | 0.012500 | 0.672208 |
| 2000-11-21 | 0.046875 | 2.371806 |
| 2000-08-10 | 0.046875 | 1.961317 |
| 2000-05-17 | 0.046875 | 2.026211 |
| 2000-02-14 | 0.046875 | 1.857716 |
| 1999-11-17 | 0.046875 | 1.784428 |
| 1999-08-11 | 0.046875 | 1.714281 |
| 1999-05-18 | 0.046875 | 1.413740 |
| 1999-02-12 | 0.046875 | 1.440140 |
| 1998-11-18 | 0.046875 | 1.406954 |
| 1998-08-11 | 0.046875 | 1.165835 |
| 1998-05-20 | 0.046875 | 0.989539 |
| 1998-02-13 | 0.040625 | 0.937005 |
| 1997-11-19 | 0.040625 | 1.129695 |
| 1997-08-08 | 0.040625 | 1.124869 |
| 1997-05-21 | 0.040625 | 1.151734 |
| 1997-02-18 | 0.040625 | 1.114395 |
| 1996-12-10 | 0.040625 | 1.129121 |
| 1996-08-16 | 0.040625 | 1.276567 |
| 1996-05-23 | 0.040625 | 1.235745 |
| 1996-02-14 | 0.040625 | 1.143372 |
| 1995-12-08 | 0.040625 | 1.266655 |
| 1995-08-16 | 0.040625 | 1.135532 |
| 1995-05-17 | 0.040625 | 1.286295 |
| 1995-02-13 | 0.040625 | 1.313063 |
| 1994-12-06 | 0.040625 | 1.520552 |
| 1994-08-15 | 0.037500 | 1.203388 |
| 1994-02-14 | 0.037500 | 1.155327 |
| 1993-12-07 | 0.037500 | 1.491422 |
| 1993-08-16 | 0.037500 | 1.563788 |
| 1993-07-14 | 0.335750 | 13.349382 |
| 1993-05-19 | 0.037500 | 1.618552 |
| 1993-02-16 | 0.037500 | 1.569140 |
| 1992-12-08 | 0.037500 | 1.462739 |
| 1992-08-17 | 0.037500 | 1.654411 |
| 1992-05-18 | 0.037500 | 1.644752 |
| 1992-02-18 | 0.034375 | 1.398617 |
| 1991-12-09 | 0.034375 | 1.536928 |
| 1991-08-16 | 0.034375 | 1.589942 |
| 1991-05-20 | 0.034375 | 1.754052 |
| 1991-02-19 | 0.525000 | 32.172211 |
| 1990-12-11 | 0.025000 | 1.791463 |
| 1990-08-17 | 0.025000 | 1.667487 |
| 1990-05-18 | 0.025000 | 1.491056 |
| 1990-02-20 | 0.025000 | 1.582934 |
| 1989-12-11 | 0.025000 | 1.535432 |
| 1989-08-21 | 0.025000 | 1.485113 |
| 1973-02-23 | 0.015000 | 1.793388 |
| Attribute | Value |
|---|---|
| 52 Week Change | 0.34392262 |
| Address1 | 200 Public Square |
| Address2 | Suite 3300 |
| All Time High | 121.95 |
| All Time Low | 0.75 |
| Ask | 9.2 |
| Ask Size | 3,900 |
| Audit Risk | 3 |
| Average Analyst Rating | 2.8 - Hold |
| Average Daily Volume10 Day | 13,677,930 |
| Average Daily Volume3 Month | 18,130,581 |
| Average Volume | 18,130,581 |
| Average Volume10Days | 13,677,930 |
| Beta | 1.919 |
| Bid | 9.19 |
| Bid Size | 5,600 |
| Board Risk | 5 |
| Book Value | 10.734 |
| City | Cleveland |
| Compensation As Of Epoch Date | 1,767,139,200 |
| Compensation Risk | 5 |
| Country | United States |
| Crypto Tradeable | 0 |
| Currency | USD |
| Current Price | 9.185 |
| Current Ratio | 2.019 |
| Custom Price Alert Confidence | HIGH |
| Date Short Interest | 1,774,915,200 |
| Day High | 9.77 |
| Day Low | 9.0601 |
| Debt To Equity | 128.975 |
| Display Name | Cleveland-Cliffs |
| Dividend Date | 1,586,908,800 |
| Earnings Call Timestamp End | 1,776,688,200 |
| Earnings Call Timestamp Start | 1,776,688,200 |
| Earnings Timestamp | 1,776,688,200 |
| Earnings Timestamp End | 1,784,550,600 |
| Earnings Timestamp Start | 1,784,550,600 |
| Ebitda | 176,000,000 |
| Ebitda Margins | 0.00931 |
| Enterprise To Ebitda | 74.653 |
| Enterprise To Revenue | 0.695 |
| Enterprise Value | 13,139,000,320 |
| Eps Current Year | -0.32429 |
| Eps Forward | 0.52167 |
| Eps Trailing Twelve Months | -2.32 |
| Esg Populated | 0 |
| Ex Dividend Date | 1,585,785,600 |
| Exchange | NYQ |
| Exchange Data Delayed By | 0 |
| Exchange Timezone Name | America/New_York |
| Exchange Timezone Short Name | EDT |
| Fifty Day Average | 9.732 |
| Fifty Day Average Change | -0.54699993 |
| Fifty Day Average Change Percent | -0.05620632 |
| Fifty Two Week Change Percent | 34.39226 |
| Fifty Two Week High | 16.7 |
| Fifty Two Week High Change | -7.5150003 |
| Fifty Two Week High Change Percent | -0.45 |
| Fifty Two Week Low | 5.63 |
| Fifty Two Week Low Change | 3.5550003 |
| Fifty Two Week Low Change Percent | 0.6314388 |
| Fifty Two Week Range | 5.63 - 16.7 |
| Financial Currency | USD |
| First Trade Date Milliseconds | 99,153,000,000 |
| Five Year Avg Dividend Yield | 4.7 |
| Float Shares | 551,142,428 |
| Forward Eps | 0.52167 |
| Forward P E | 17.606918 |
| Free Cashflow | -43,875,000 |
| Full Exchange Name | NYSE |
| Full Time Employees | 25,000 |
| Gmt Off Set Milliseconds | -14,400,000 |
| Governance Epoch Date | 1,775,001,600 |
| Gross Margins | -0.02888 |
| Gross Profits | -546,000,000 |
| Has Pre Post Market Data | 1 |
| Held Percent Insiders | 0.00877 |
| Held Percent Institutions | 0.81921 |
| Implied Shares Outstanding | 570,396,523 |
| Industry | Steel |
| Industry Disp | Steel |
| Industry Key | steel |
| Ir Website | http://ir.cliffsnaturalresources.com/ |
| Is Earnings Date Estimate | 1 |
| 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 | 5,239,092,736 |
| Market State | REGULAR |
| Max Age | 86,400 |
| Message Board Id | finmb_261738 |
| Most Recent Quarter | 1,774,915,200 |
| Net Income To Common | -1,208,999,936 |
| Next Fiscal Year End | 1,798,675,200 |
| Non Diluted Market Cap | 5,549,958,168 |
| Number Of Analyst Opinions | 9 |
| Open | 9.78 |
| Operating Cashflow | -436,000,000 |
| Operating Margins | -0.030269999 |
| Overall Risk | 4 |
| Payout Ratio | 0.0 |
| Phone | 216 694 5700 |
| Previous Close | 9.73 |
| Price Eps Current Year | -28.323416 |
| Price Hint | 2 |
| Price To Book | 0.8556922 |
| Price To Sales Trailing12 Months | 0.27715668 |
| Profit Margins | -0.064380005 |
| Quick Ratio | 0.58 |
| Quote Source Name | Nasdaq Real Time Price |
| Quote Type | EQUITY |
| Recommendation Key | hold |
| Recommendation Mean | 2.83333 |
| Region | US |
| Regular Market Change | -0.5449991 |
| Regular Market Change Percent | -5.6012244 |
| Regular Market Day High | 9.77 |
| Regular Market Day Low | 9.0601 |
| Regular Market Day Range | 9.0601 - 9.77 |
| Regular Market Open | 9.78 |
| Regular Market Previous Close | 9.73 |
| Regular Market Price | 9.185 |
| Regular Market Time | 1,776,795,180 |
| Regular Market Volume | 14,931,732 |
| Return On Assets | -0.02762 |
| Return On Equity | -0.18604 |
| Revenue Growth | 0.063 |
| Revenue Per Share | 36.073 |
| Sand P52 Week Change | 0.34445214 |
| Sector | Basic Materials |
| Sector Disp | Basic Materials |
| Sector Key | basic-materials |
| Share Holder Rights Risk | 4 |
| Shares Outstanding | 570,396,523 |
| Shares Percent Shares Out | 0.14729999 |
| Shares Short | 84,011,902 |
| Shares Short Previous Month Date | 1,772,150,400 |
| Shares Short Prior Month | 73,523,362 |
| Short Name | Cleveland-Cliffs Inc. |
| Short Percent Of Float | 0.1487 |
| Short Ratio | 4.43 |
| Source Interval | 15 |
| State | OH |
| Symbol | CLF |
| Target High Price | 16.8 |
| Target Low Price | 8.2 |
| Target Mean Price | 11.66667 |
| Target Median Price | 10.0 |
| Total Cash | 45,000,000 |
| Total Cash Per Share | 0.081 |
| Total Debt | 7,762,999,808 |
| Total Revenue | 18,902,999,040 |
| Tradeable | 0 |
| Trailing Annual Dividend Rate | 0.0 |
| Trailing Annual Dividend Yield | 0.0 |
| Trailing Eps | -2.32 |
| Trailing Peg Ratio | None |
| Triggerable | 1 |
| Two Hundred Day Average | 11.40695 |
| Two Hundred Day Average Change | -2.2219496 |
| Two Hundred Day Average Change Percent | -0.19478911 |
| Type Disp | Equity |
| Volume | 14,931,732 |
| Website | https://www.clevelandcliffs.com |
| Zip | 44,114-2315 |