Q1 2025 EPS Estimates for Cleveland-Cliffs Inc. (NYSE:CLF) Cut by Analyst

Cleveland-Cliffs Inc. (NYSE:CLF) – Zacks Research decreased their Q1 2025 earnings per share estimates for Cleveland-Cliffs in a report released on Tuesday, April 16th. Zacks Research analyst A. Barman now expects that the mining company will post earnings of $0.37 per share for the quarter, down from their prior estimate 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.

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

A number of other equities analysts have also weighed in on CLF. Morgan Stanley reaffirmed an “equal weight” rating and issued a $20.00 price objective on shares of Cleveland-Cliffs in a research note on Tuesday, March 26th. Argus downgraded Cleveland-Cliffs from a “buy” rating to a “hold” rating in a report on Thursday, February 8th. BNP Paribas cut Cleveland-Cliffs from a “neutral” rating to an “underperform” rating and set a $16.50 target price on the stock. in a research report on Wednesday, February 28th. Citigroup cut Cleveland-Cliffs from a “buy” rating to a “neutral” rating and set a $22.00 target price on the stock. in a research report on Wednesday, March 13th. Finally, TheStreet cut Cleveland-Cliffs from a “b-” rating to a “c” rating in a research report on Tuesday, January 30th. Two research analysts have rated the stock with a sell rating, five have issued a hold rating and one has assigned a buy rating to the company’s stock. According to data from MarketBeat.com, Cleveland-Cliffs has a consensus rating of “Hold” and a consensus price target of $19.92.

Cleveland-Cliffs Stock Up 0.8 %

Cleveland-Cliffs stock opened at $21.21 on Wednesday. The stock has a fifty day moving average of $20.90 and a 200 day moving average of $18.83. Cleveland-Cliffs has a one year low of $13.61 and a one year high of $22.97. The company has a debt-to-equity ratio of 0.39, a quick ratio of 0.62 and a current ratio of 1.89. The stock has a market cap of $10.08 billion, a PE ratio of 27.54, a price-to-earnings-growth ratio of 0.75 and a beta of 2.03.

Insider Buying and Selling

In related news, Director Arlene M. Yocum acquired 2,000 shares of Cleveland-Cliffs stock in a transaction on Wednesday, March 6th. The stock was acquired at an average price of $20.02 per share, for a total transaction of $40,040.00. Following the purchase, the director now owns 94,887 shares of the company’s stock, valued at approximately $1,899,637.74. The acquisition was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. In related news, Director Susan Miranda Green sold 6,500 shares of Cleveland-Cliffs stock in a transaction dated Wednesday, March 13th. The stock was sold at an average price of $20.40, for a total value of $132,600.00. Following the completion of the transaction, the director now owns 90,286 shares in the company, valued at approximately $1,841,834.40. The sale was disclosed in a document filed with the SEC, which is available through the SEC website. Also, Director Arlene M. Yocum purchased 2,000 shares of the business’s stock in a transaction that occurred on Wednesday, March 6th. The stock was acquired at an average price of $20.02 per share, with a total value of $40,040.00. Following the purchase, the director now owns 94,887 shares in the company, valued at $1,899,637.74. The disclosure for this purchase can be found here. Insiders sold 221,066 shares of company stock worth $4,464,688 in the last 90 days. Insiders own 1.76% of the company’s stock.

Hedge Funds Weigh In On Cleveland-Cliffs

Institutional investors and hedge funds have recently modified their holdings of the business. Exchange Traded Concepts LLC purchased a new position in shares of Cleveland-Cliffs in the 3rd quarter valued at about $29,000. Anchor Investment Management LLC acquired a new stake in Cleveland-Cliffs in the 4th quarter worth about $31,000. Lindbrook Capital LLC boosted its holdings in Cleveland-Cliffs by 83.7% in the 4th quarter. Lindbrook Capital LLC now owns 1,571 shares of the mining company’s stock worth $32,000 after buying an additional 716 shares during the last quarter. Rise Advisors LLC boosted its holdings in Cleveland-Cliffs by 2,858.0% in the 1st quarter. Rise Advisors LLC now owns 1,479 shares of the mining company’s stock worth $34,000 after buying an additional 1,429 shares during the last quarter. Finally, HighMark Wealth Management LLC acquired a new stake in Cleveland-Cliffs in the 4th quarter worth about $35,000. Hedge funds and other institutional investors own 67.68% of the company’s stock.

About Cleveland-Cliffs

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.