Does CLF pay a dividend?

Cleveland-Cliffs (NYSE: CLF) does not pay a dividend.

What does CLF company do?

Cleveland-Cliffs Inc. operates as a flat-rolled steel producer in North America. It also manufactures iron ore pellets. The company is vertically integrated from mined raw materials and direct reduced iron to primary steelmaking and downstream finishing, stamping, tooling, and tubing.

Is Cleveland-Cliffs a public company?

Cleveland-Cliffs Inc….Cleveland-Cliffs.

Type Public company
Traded as NYSE: CLF S&P 400 Index component
Industry Iron ore Direct reduced iron Steel
Founded 1847 as Cleveland Iron Company in Cleveland, Ohio

Why is CLF tanking?

Cleveland-Cliffs stock (NYSE: CLF) dropped more than 8% over the last one week (five trading days). This was due to overall weakness in the steel market. This is also expected to put pressure on iron ore prices, affecting CLF’s entire business – steel as well as iron ore segments.

Is CLF stock a buy?

Valuation metrics show that ClevelandCliffs Inc. may be undervalued. Its Value Score of B indicates it would be a good pick for value investors. The financial health and growth prospects of CLF, demonstrate its potential to outperform the market.

Is AK Steel still in business?

AK Steel delisted from NYSE after closing $3B acquisition deal. AK Steel Holding Corp. AK Steel, the West Chester Township-based producer of flat rolled carbon and steel products, is now a wholly owned subsidiary of Cliffs and will retain its branding and corporate identity.

Is Cleveland-Cliffs a buy or sell?

Cleveland-Cliffs has received a consensus rating of Buy. The company’s average rating score is 2.64, and is based on 7 buy ratings, 4 hold ratings, and no sell ratings.

Is CLF a buy or sell?

(CLF) – Zacks….(Delayed Data from NYSE)

Zacks Rank Definition Annualized Return
1 Strong Buy 25.60%
2 Buy 19.21%
3 Hold 10.85%
4 Sell 6.62%

Why is CLF dropping?

The primary reason for the drop has been volatility in commodity prices amidst a resurgence in Covid-positive cases. We believe that there is an equal (50%) chance of a rise in CLF stock over the next month (21 trading days) based on our machine learning analysis of trends in the stock price over the last ten years.

Is the stock price of CLF overvalued?

Steel is one of the few spots in the market that isn’t overvalued. $CLF: The long term trend is positive and the short term trend is neutral. Lets see where this goes.…

What’s the stock price of Cleveland Cliffs Inc?

Cliffs Is Shaking Up the Steel Business in the U.S. It Might Not Be Enough. Has ClevelandCliffs (CLF) Outpaced Other Basic Materials Stocks This Year? What Should You Do With the Meme Stock ContextLogic (WISH)? Will Cleveland-Cliffs Stock Fall from its Cliff?

Is it a good time to buy CLF?

$CLF… $CLF No one is going to rush in and buy any stock right now regardless of earnings until the dust has settled regarding the whole market selloff as the market doesn’t sell off in individual names, it’s sold in mutual funds and ETFs.

What are the lead times for CLF steel?

$CLF $X $NUE $STLD HRC lead times are 12-weeks. Coated lead times are 16-weeks, end of year. If you need steel for January 2022, you should probably start negotiating those contracts now.