Cleveland-Cliffs Inc (NYSE: CLF) is -19.57% lower on its value in year-to-date trading and has touched a low of $5.63 and a high of $17.41 in the current 52-week trading range. The question becomes, what are the chances the stock will make a comeback and enjoy potential growth. Why not look at analysts view on what the future holds for the stock. The CLF stock was last observed hovering at around $7.18 in the last trading session, with the day’s gains setting it 0.38%.
Currently trading at $7.56, the stock is 5.78% and -1.07% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 100.28 million and changing 5.29% at the moment leaves the stock -28.12% off its SMA200. CLF registered -55.08% loss for a year compared to 6-month loss of -37.73%. The firm has a 50-day simple moving average (SMA 50) of $7.6416 and a 200-day simple moving average (SMA200) of $10.51755.
The stock witnessed a -14.86% gain in the last 1 month and extending the period to 3 months gives it a -20.17%, and is 18.50% up over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 10.28% over the week and 7.13% over the month.
Cleveland-Cliffs Inc (CLF) has around 30000 employees, a market worth around $3.74B and $18.61B in sales. Profit margin for the company is -6.35%. Distance from 52-week low is 34.28% and -56.58% from its 52-week high. The company has generated returns on investments over the last 12 months (-8.53%).
The EPS is expected to shrink by -152.51% this year.
Cleveland-Cliffs Inc (CLF) Top Institutional Holders
735.0 institutions hold shares in Cleveland-Cliffs Inc (CLF), with institutional investors hold 75.91% of the company’s shares. The shares outstanding are 494.49M, and float is at 485.48M with Short Float at 13.87%. Institutions hold 74.68% of the Float.
The top institutional shareholder in the company is BLACKROCK INC. with over 51.42 million shares valued at $791.31 million. The investor’s holdings represent 10.8704% of the CLF Shares outstanding. As of 2024-06-30, the second largest holder is VANGUARD GROUP INC with 46.89 million shares valued at $$721.69 million to account for 9.914 of the shares outstanding. The other top investors are STATE STREET CORP which holds 23.04 million shares representing 4.8719% and valued at over $354.65 million, while PACER ADVISORS, INC. holds 4.7611 of the shares totaling 22.52 million with a market value of $346.59 million.
Cleveland-Cliffs Inc (CLF) Insider Activity
The most recent transaction is an insider sale by Graham James D,the company’sEVP Chief Legal Admin & Sec. SEC filings show that Graham James D sold 120,000 shares of the company’s common stock on May 23 ’25 at a price of $6.85 per share for a total of $0.82 million. Following the sale, the insider now owns 0.49 million shares.
Still, SEC filings show that on Mar 10 ’25, BALDWIN JOHN T (Director) acquired 4,000 shares at an average price of $8.70 for $34800.0. The insider now directly holds 133,227 shares of Cleveland-Cliffs Inc (CLF).
