What is KeyCorp’s Estimate for CLF FY2026 Earnings?

Cleveland-Cliffs Inc. (NYSE:CLF) – Equities researchers at KeyCorp issued their FY2026 earnings estimates for Cleveland-Cliffs in a research note issued on Monday, February 10th. KeyCorp analyst P. Gibbs expects that the mining company will post earnings per share of $0.27 for the year. The consensus estimate for Cleveland-Cliffs’ current full-year earnings is ($0.70) per share.

A number of other brokerages have also commented on CLF. Citigroup cut their price objective on shares of Cleveland-Cliffs from $12.50 to $11.00 and set a “neutral” rating on the stock in a research report on Thursday, December 19th. Morgan Stanley cut their price target on shares of Cleveland-Cliffs from $13.00 to $11.00 and set an “equal weight” rating on the stock in a research report on Monday, February 3rd. StockNews.com cut Cleveland-Cliffs from a “hold” rating to a “sell” rating in a report on Thursday, November 7th. Glj Research upgraded Cleveland-Cliffs from a “sell” rating to a “buy” rating and set a $14.27 target price on the stock in a report on Tuesday, January 7th. Finally, The Goldman Sachs Group assumed coverage on Cleveland-Cliffs in a research report on Monday, December 2nd. They set a “buy” rating and a $16.00 price target for the company. Three equities research analysts have rated the stock with a sell rating, four have issued a hold rating, four have issued a buy rating and one has issued a strong buy rating to the company’s stock. Based on data from MarketBeat, Cleveland-Cliffs has a consensus rating of “Hold” and an average target price of $16.68.

Cleveland-Cliffs Trading Up 7.9 %

NYSE CLF opened at $11.40 on Wednesday. Cleveland-Cliffs has a 52 week low of $8.99 and a 52 week high of $22.97. The company has a debt-to-equity ratio of 0.53, a quick ratio of 0.55 and a current ratio of 1.85. The stock’s 50 day moving average price is $10.20 and its two-hundred day moving average price is $11.85. The stock has a market capitalization of $5.63 billion, a price-to-earnings ratio of -11.75 and a beta of 1.96.

Institutional Inflows and Outflows

Institutional investors have recently made changes to their positions in the business. Altus Wealth Group LLC raised its holdings in Cleveland-Cliffs by 7.2% in the 3rd quarter. Altus Wealth Group LLC now owns 11,900 shares of the mining company’s stock valued at $152,000 after acquiring an additional 800 shares during the period. Ameritas Investment Partners Inc. increased its stake in shares of Cleveland-Cliffs by 1.0% during the fourth quarter. Ameritas Investment Partners Inc. now owns 96,956 shares of the mining company’s stock worth $911,000 after purchasing an additional 932 shares during the period. AllSquare Wealth Management LLC increased its stake in shares of Cleveland-Cliffs by 24.4% during the fourth quarter. AllSquare Wealth Management LLC now owns 5,100 shares of the mining company’s stock worth $48,000 after purchasing an additional 1,000 shares during the period. MRP Capital Investments LLC lifted its holdings in Cleveland-Cliffs by 10.0% during the 4th quarter. MRP Capital Investments LLC now owns 11,000 shares of the mining company’s stock worth $103,000 after purchasing an additional 1,000 shares during the last quarter. Finally, Jones Financial Companies Lllp boosted its stake in Cleveland-Cliffs by 21.3% in the 4th quarter. Jones Financial Companies Lllp now owns 6,723 shares of the mining company’s stock valued at $63,000 after purchasing an additional 1,182 shares during the period. 67.68% of the stock is owned by institutional investors and hedge funds.

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.