Cleveland-Cliffs Inc. (NYSE:CLF) Expected to Post Q1 2025 Earnings of $0.37 Per Share

Cleveland-Cliffs Inc. (NYSE:CLF) – Equities researchers at Zacks Research reduced their Q1 2025 EPS estimates for shares of Cleveland-Cliffs in a research note issued on Tuesday, April 16th. Zacks Research analyst A. Barman now forecasts that the mining company will earn $0.37 per share for the quarter, down from their prior forecast of $0.45. The consensus estimate for Cleveland-Cliffs’ current full-year earnings is $1.63 per share. Zacks Research also issued estimates for Cleveland-Cliffs’ Q3 2025 earnings at $0.60 EPS, FY2025 earnings at $2.31 EPS, Q1 2026 earnings at $0.42 EPS and FY2026 earnings at $2.63 EPS.

Several other research analysts have also recently commented on the company. TheStreet cut Cleveland-Cliffs from a “b-” rating to a “c” rating in a research report on Tuesday, January 30th. BNP Paribas downgraded Cleveland-Cliffs from a “neutral” rating to an “underperform” rating and set a $16.50 price target for the company. in a research report on Wednesday, February 28th. Morgan Stanley reissued an “equal weight” rating and issued a $20.00 price objective on shares of Cleveland-Cliffs in a report on Tuesday, March 26th. Citigroup cut Cleveland-Cliffs from a “buy” rating to a “neutral” rating and set a $22.00 price target on the stock. in a research note on Wednesday, March 13th. Finally, Wolfe Research reiterated an “underperform” rating and set a $18.00 price objective on shares of Cleveland-Cliffs in a research report on Tuesday, April 9th. Two research analysts have rated the stock with a sell rating, four have given a hold rating and two have given a buy rating to the company. According to data from MarketBeat, Cleveland-Cliffs presently has a consensus rating of “Hold” and a consensus price target of $19.92.

Cleveland-Cliffs Trading Down 1.8 %

Shares of CLF stock opened at $20.83 on Wednesday. Cleveland-Cliffs has a 12 month low of $13.61 and a 12 month high of $22.97. The company has a quick ratio of 0.62, a current ratio of 1.89 and a debt-to-equity ratio of 0.39. The business’s 50 day moving average is $20.93 and its two-hundred day moving average is $18.85. The company has a market cap of $9.90 billion, a PE ratio of 27.05, a price-to-earnings-growth ratio of 0.74 and a beta of 2.03.

Cleveland-Cliffs (NYSE:CLF) last posted its quarterly earnings results on Tuesday, January 30th. The mining company reported ($0.05) earnings per share (EPS) for the quarter, hitting analysts’ consensus estimates of ($0.05). Cleveland-Cliffs had a net margin of 1.81% and a return on equity of 6.79%. The business had revenue of $5.11 billion during the quarter, compared to analyst estimates of $5.16 billion. During the same period in the prior year, the firm earned ($0.30) earnings per share. The firm’s revenue was up 1.3% compared to the same quarter last year.

Institutional Inflows and Outflows

Several institutional investors have recently bought and sold shares of the business. Wealth Enhancement Advisory Services LLC grew its stake in shares of Cleveland-Cliffs by 1.9% in the 1st quarter. Wealth Enhancement Advisory Services LLC now owns 25,053 shares of the mining company’s stock worth $570,000 after acquiring an additional 476 shares in the last quarter. Hexagon Capital Partners LLC grew its position in Cleveland-Cliffs by 41.7% during the first quarter. Hexagon Capital Partners LLC now owns 1,700 shares of the mining company’s stock valued at $39,000 after buying an additional 500 shares during the period. Stonebridge Capital Advisors LLC grew its position in Cleveland-Cliffs by 20.0% during the fourth quarter. Stonebridge Capital Advisors LLC now owns 3,600 shares of the mining company’s stock valued at $58,000 after buying an additional 600 shares during the period. Dorsey & Whitney Trust CO LLC grew its position in Cleveland-Cliffs by 2.3% during the third quarter. Dorsey & Whitney Trust CO LLC now owns 27,337 shares of the mining company’s stock valued at $427,000 after buying an additional 609 shares during the period. Finally, Mitsubishi UFJ Asset Management Co. Ltd. grew its position in Cleveland-Cliffs by 0.3% during the fourth quarter. Mitsubishi UFJ Asset Management Co. Ltd. now owns 216,359 shares of the mining company’s stock valued at $4,249,000 after buying an additional 612 shares during the period. Institutional investors and hedge funds own 67.68% of the company’s stock.

Insider Activity at Cleveland-Cliffs

In other news, CEO Lourenco Goncalves sold 187,136 shares of the firm’s stock in a transaction dated Wednesday, March 6th. The stock was sold at an average price of $20.19, for a total transaction of $3,778,275.84. Following the completion of the transaction, the chief executive officer now directly owns 2,699,089 shares in the company, valued at $54,494,606.91. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. In related news, CEO Lourenco Goncalves sold 187,136 shares of the business’s stock in a transaction on Wednesday, March 6th. The shares were sold at an average price of $20.19, for a total transaction of $3,778,275.84. Following the transaction, the chief executive officer now owns 2,699,089 shares in the company, valued at approximately $54,494,606.91. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, Director Arlene M. Yocum acquired 2,000 shares of the stock in a transaction on Wednesday, March 6th. The shares were acquired at an average price of $20.02 per share, for a total transaction of $40,040.00. Following the acquisition, the director now owns 94,887 shares of the company’s stock, valued at approximately $1,899,637.74. The disclosure for this purchase can be found here. Insiders have sold 221,066 shares of company stock valued at $4,464,688 over the last ninety days. 1.76% of the stock is owned by corporate insiders.

Cleveland-Cliffs Company Profile

Cleveland-Cliffs is the largest flat-rolled steel company and the largest iron ore pellet producer in North America. The company is vertically integrated from mining through iron making, steelmaking, rolling, finishing and downstream with hot and cold stamping of steel parts and components. The company was formerly known as Cliffs Natural Resources Inc and changed its name to Cleveland-Cliffs Inc in August 2017.