Analysts See $0.69 EPS for Cleveland-Cliffs Inc. (CLF)

September 25, 2018 - By Russell Jones

Cleveland-Cliffs Inc. (NYSE:CLF) Logo

Analysts expect Cleveland-Cliffs Inc. (NYSE:CLF) to report $0.69 EPS on October, 19.They anticipate $0.33 EPS change or 91.67 % from last quarter’s $0.36 EPS. CLF’s profit would be $205.61M giving it 4.49 P/E if the $0.69 EPS is correct. After having $0.76 EPS previously, Cleveland-Cliffs Inc.’s analysts see -9.21 % EPS growth. The stock increased 1.97% or $0.24 during the last trading session, reaching $12.4. About 8.54 million shares traded. Cleveland-Cliffs Inc. (NYSE:CLF) has risen 45.49% since September 25, 2017 and is uptrending. It has outperformed by 29.87% the S&P500.

Cleveland-Cliffs Inc. (NYSE:CLF) Ratings Coverage

Among 6 analysts covering Cleveland-Cliffs Inc (NYSE:CLF), 5 have Buy rating, 0 Sell and 1 Hold. Therefore 83% are positive. Cleveland-Cliffs Inc had 10 analyst reports since April 17, 2018 according to SRatingsIntel. The firm has “Buy” rating by Seaport Global given on Wednesday, May 9. The stock of Cleveland-Cliffs Inc. (NYSE:CLF) has “Overweight” rating given on Monday, July 23 by JP Morgan. Citigroup initiated Cleveland-Cliffs Inc. (NYSE:CLF) on Wednesday, June 6 with “Buy” rating. The rating was maintained by Morgan Stanley on Friday, June 29 with “Equal-Weight”. FBR Capital maintained the shares of CLF in report on Monday, July 23 with “Buy” rating. As per Monday, July 23, the company rating was maintained by Citigroup. Morgan Stanley maintained Cleveland-Cliffs Inc. (NYSE:CLF) rating on Tuesday, April 24. Morgan Stanley has “Equal-Weight” rating and $7.5 target. The rating was maintained by Jefferies on Friday, April 20 with “Buy”. As per Tuesday, April 17, the company rating was maintained by FBR Capital. Morgan Stanley maintained Cleveland-Cliffs Inc. (NYSE:CLF) on Friday, July 27 with “Equal-Weight” rating.

Cleveland-Cliffs Inc., a mining and natural resources company, produces and supplies iron ore. The company has market cap of $3.70 billion. The firm operates four iron ore mines in Michigan and Minnesota; and Koolyanobbing iron ore mining complex located in Western Australia. It has a 8.37 P/E ratio. It sells its products to integrated steel companies and steel producers in the United States and the Asia Pacific.

More news for Cleveland-Cliffs Inc. (NYSE:CLF) were recently published by:, which released: “Cleveland-Cliffs to help launch ad campaign praising Trump tariffs” on September 14, 2018.‘s article titled: “Cleveland-Cliffs: Next Target $15.00” and published on September 20, 2018 is yet another important article.

Cleveland-Cliffs Inc. (NYSE:CLF) Ratings Chart

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