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Cleveland-Cliffs Inc (CLF)

Upturn stock ratingUpturn stock rating
$7.24
Delayed price
upturn advisory
PASS
  • BUY Advisory
  • SELL Advisory (Profit)​
  • SELL Advisory (Loss)​
  • Profit
  • Loss
  • Pass (Skip investing)
Upturn Stock infoUpturn Stock info Stock price based on last close
*as per simulation
(see disclosures)
Time period over
  • ALL
  • YEAR
  • MONTH
  • WEEK

Upturn Advisory Summary

04/22/2025: CLF (1-star) is currently NOT-A-BUY. Pass it for now.

Upturn Star Rating

ratingratingratingratingrating

Not Recommended Performance

These Stocks/ETFs, based on Upturn Advisory, consistently fall short of market performance, signaling caution before investing.

Analysis of Past Performance

Type Stock
Historic Profit -39.37%
Avg. Invested days 31
Today’s Advisory PASS
Upturn Star Rating Upturn stock ratingUpturn stock rating
Upturn Advisory Performance Upturn Advisory Performance 2.0
Stock Returns Performance Upturn Returns Performance 1.0
Upturn Profits based on simulationUpturn Profits based on simulation Profits based on simulation
Upturn Profits based on simulationUpturn Profits based on simulation Last Close 04/22/2025

Key Highlights

Company Size Mid-Cap Stock
Market Capitalization 3.91B USD
Price to earnings Ratio -
1Y Target Price 10.91
Price to earnings Ratio -
1Y Target Price 10.91
Volume (30-day avg) 23349306
Beta 1.92
52 Weeks Range 6.17 - 18.20
Updated Date 04/24/2025
52 Weeks Range 6.17 - 18.20
Updated Date 04/24/2025
Dividends yield (FY) -
Basic EPS (TTM) -1.57

Analyzing Revenue: Products, Geography and Growth

Revenue by Products

Product revenue - Year on Year

Revenue by Geography

Geography revenue - Year on Year

Earnings Date

Report Date 2025-04-21
When Before Market
Estimate -
Actual -

Profitability

Profit Margin -3.93%
Operating Margin (TTM) -8.65%

Management Effectiveness

Return on Assets (TTM) -0.84%
Return on Equity (TTM) -9.43%

Valuation

Trailing PE -
Forward PE 13.44
Enterprise Value 10739418935
Price to Sales(TTM) 0.2
Enterprise Value 10739418935
Price to Sales(TTM) 0.2
Enterprise Value to Revenue 0.56
Enterprise Value to EBITDA 28.41
Shares Outstanding 494484992
Shares Floating 485160303
Shares Outstanding 494484992
Shares Floating 485160303
Percent Insiders 1.64
Percent Institutions 74.19

Analyst Ratings

Rating 3.36
Target Price 10.78
Buy 1
Strong Buy 3
Buy 1
Strong Buy 3
Hold 5
Sell 1
Strong Sell 1
Strong Sell 1

ai summary icon Upturn AI SWOT

Cleveland-Cliffs Inc

stock logo

Company Overview

overview logo History and Background

Cleveland-Cliffs Inc. was founded in 1847. Initially focused on iron ore mining, it has evolved into a major steel producer through acquisitions and strategic shifts.

business area logo Core Business Areas

  • Steelmaking: Produces flat-rolled carbon, stainless, and electrical steel products.
  • Iron Ore: Mines and processes iron ore for use in steelmaking, supplying both internal needs and external customers.
  • Tooling and Stamping: Provides engineered solutions, tooling, and hot and cold stamped components.

leadership logo Leadership and Structure

The company is led by Chairman, President, and CEO, Lourenco Goncalves. The organizational structure comprises various operational and functional departments reporting to executive leadership.

Top Products and Market Share

overview logo Key Offerings

  • Hot-Rolled Steel: A versatile steel product used in various applications. Competitors include U.S. Steel, Nucor, and ArcelorMittal. Market share data not readily available.
  • Cold-Rolled Steel: Steel that has been further processed to improve its surface finish and dimensional accuracy. Competitors include U.S. Steel, Nucor, and ArcelorMittal. Market share data not readily available.
  • Stainless Steel: Steel that contains chromium, making it resistant to corrosion. Competitors include Allegheny Technologies Incorporated. Market share data not readily available.
  • Iron Ore Pellets: Agglomerated iron ore used in steelmaking. Predominantly used internally but sold to external customers. Market share data not readily available.

Market Dynamics

industry overview logo Industry Overview

The steel industry is cyclical and sensitive to economic conditions, facing pressures from global competition and raw material prices.

Positioning

Cleveland-Cliffs Inc. is a major integrated steel producer in North America, controlling a significant portion of its iron ore supply, which provides a cost advantage. It is well-positioned to be a supplier of Automotive and Infrastructure sectors.

Total Addressable Market (TAM)

The global steel market is estimated to be worth hundreds of billions of dollars annually. Cleveland-Cliffs is positioned to capture a significant share of the North American market.

Upturn SWOT Analysis

Strengths

  • Integrated operations from iron ore mining to steel production
  • Significant market share in the North American steel market
  • Long-term relationships with automotive and infrastructure customers
  • Control over raw material supply (iron ore)

Weaknesses

  • High debt levels
  • Exposure to cyclical steel market fluctuations
  • High labor costs
  • Dependence on the automotive industry

Opportunities

  • Infrastructure spending in the US
  • Growth in electric vehicle production
  • Expansion into new steel product markets
  • Acquisition of smaller steel producers

Threats

  • Increased steel imports
  • Fluctuations in raw material prices
  • Economic downturns
  • Environmental regulations

Competitors and Market Share

competitor logo Key Competitors

  • X
  • NUE
  • MT

Competitive Landscape

Cleveland-Cliffs Inc. benefits from its integrated operations and control over iron ore supply, giving it a cost advantage over competitors. However, competitors may have stronger financial positions or more diversified product portfolios.

Major Acquisitions

AK Steel

  • Year: 2020
  • Acquisition Price (USD millions): 1100
  • Strategic Rationale: Expanded steel production capabilities and market share.

ArcelorMittal USA

  • Year: 2020
  • Acquisition Price (USD millions): 1400
  • Strategic Rationale: Further increased steel production capacity and expanded geographic reach.

Growth Trajectory and Initiatives

Historical Growth: Cleveland-Cliffs Inc.'s growth has been driven by acquisitions and expansions in steel production.

Future Projections: Analyst projections suggest continued growth in revenue and earnings, driven by infrastructure spending and automotive demand.

Recent Initiatives: Recent initiatives include investments in new steelmaking technologies and strategic acquisitions.

Summary

Cleveland-Cliffs is a major integrated steel producer, benefiting from its control over iron ore. High debt and cyclical market exposure are weaknesses. Infrastructure spending and EV growth offer opportunities, while imports and economic downturns pose threats. The company's strategic acquisitions have positioned it well, but financial discipline is crucial.

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Sources and Disclaimers

Data Sources:

  • SEC Filings
  • Company Website
  • Analyst Reports
  • Industry Publications

Disclaimers:

The data and analysis provided are for informational purposes only and should not be considered investment advice. Market conditions and company performance can change rapidly.

Upturn AI SummarizationUpturn AI Summarization AI Summarization is directionally correct and might not be accurate.

Upturn AI SummarizationUpturn AI Summarization Summarized information shown could be a few years old and not current.

Upturn AI SummarizationUpturn AI Summarization Fundamental Rating based on AI could be based on old data.

Upturn AI SummarizationUpturn AI Summarization AI-generated summaries may have inaccuracies (hallucinations). Please verify the information before taking action.

About Cleveland-Cliffs Inc

Exchange NYSE
Headquaters Cleveland, OH, United States
IPO Launch date 1987-11-05
Chairman, President & CEO Mr. C. Lourenco Goncalves
Sector Basic Materials
Industry Steel
Full time employees 30000
Full time employees 30000

Cleveland-Cliffs Inc. operates as a flat-rolled steel producer in the United States, Canada, and internationally. The company offers hot-rolled, cold-rolled, electrogalvanized, hot-dip galvanized and galvannealed, aluminized, galvalume, enameling, and advanced high-strength steel products; austenitic, martensitic, duplex, precipitation hardening, and ferritic stainless-steel products; steel plates; and grain oriented and non-oriented electrical steel products, as well as slab, rail, scrap, iron ore, coal, coke, and tool and die, stamped components. It also provides tubular components, including carbon steel, stainless steel, and electric resistance welded tubing products. In addition, the company offers tin mill products; hot and cold stamp assembly, tooling, and sampling solutions; ingots, rolled blooms, and cast blooms; and hot-briquetted iron products. Further, it owns five iron ore mines in Minnesota and Michigan. The company serves automotive, infrastructure, and manufacturing industries; and 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.

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