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Are you looking to buy Cleveland-Cliffs stocks? Chech our BAMagazine with an in-depth review, check prices, statistics and see if buying this stock is interesting right now. This article will help you buy NYSE:CLF! and analyze the company to see if this stock might be an interesting option to invest in. We will enlighten you about Cleveland-Cliffs stocks and how to buy and use them. Click on the button to start reading the review right now or scroll down for real time statistics about this company.
Cleveland-Cliffs Inc. operates as an iron ore mining company in the United States. The company operates four iron ore mines in Michigan and Minnesota. It sells its products to integrated steel companies and steel producers in the United States and the Asia Pacific. The company was formerly known as Cliffs Natural Resources Inc. and changed its name to Cleveland-Cliffs Inc. in August 2017. Cleveland-Cliffs Inc. was founded in 1847 and is headquartered in Cleveland, Ohio.
Average volume
13.80 million shs
MARKET CAP
$6.82 billion
Stock exchange
NYSE
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- Stephen Johnson
- October 15, 2021
- No Comments
How to buy Cleveland-Cliffs stocks?
Below is a quick guide on how to buy NYSE:CLF stocks safe, fast and around the world in less than five minutes.
Step 1: Open an account with eToro – eToro is the best broker to buy Cleveland-Cliffs shares in the world as you won’t pay any commissions. To do this, visit the eToro website and open an account, it is 100% safe and they offer a huge amount of stocks.
Step 2: Upload your ID – As per KYC regulations eToro will ask you to upload a copy of your passport or driver’s license.
Step 3: Deposit Funds – Deposit some money into your newly created eToro account. You can choose between wire transfer, e-wallet or debit/credit card or Paypal.
Step 4: Buy Cleveland-Cliffs – Search for “”NYSE:CLF”” and click on the “”Trade”” button. Enter the total amount of your investment (minimum $50) and confirm the order by clicking the “”Open Trade”” button. And that’s it: you have just bought Cleveland-Cliffs stocks with 0% commission!.
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Is Cleveland-Cliffs a buy right now?
9 Wall Street equities research analysts have issued “buy,” “hold,” and “sell” ratings for Cleveland-Cliffs in the last twelve months. There are currently 4 hold ratings, 4 buy ratings and 1 strong buy rating for the stock. The consensus among Wall Street equities research analysts is that investors should “buy” Cleveland-Cliffs stock.
What stocks does BAMagazine like better than Cleveland-Cliffs?
Wall Street analysts have given Cleveland-Cliffs a “Buy” rating, but there may be better short-term opportunities in the market. Some of BAMagazine’s past winning trading ideas have resulted in 5-15% weekly gains. BAMagazine just released five new trading ideas, but Cleveland-Cliffs wasn’t one of them. BAMagazine thinks five stocks may be even better buys in the how to buy stocks guide.
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How to buy Cleveland-Cliffs stocks step by step guide
It can be difficult to navigate through all the outdated and incorrect information related to purchasing NYSE:CLF stocks. We believe that stocks should be accessible for all, which is why we’ve created this handy guide on where to buy Cleveland-Cliffs stocks with a step by step approach.
Step 1: Open an Account with a Broker
You’ll need to register with a broker, in these times you can’t go without once and it’s crucial to use a regulated broker that’s allowed to operate there, otherwise, you risk losing funds. eToro is one such broker, and one of the best brokers to buy Cleveland-Cliffs stocks with 0% comission, to sign up just click on open account in the following table or compare other options.
Step 2: Verify your Account
Because eToro is a regulated platform, you’ll need to complete the KYC process, this is standard practice and only takes a couple of minutes. You’ll need to provide a photo ID (passport, driving licence) and proof of address (utility bill, bank statement).
Step 3: Fund your eToro Account
Once you’ve signed up and verified your account, you’ll need to deposit funds. eToro accepts credit/debit cards, bank transfers, and also e-wallets. So whatever your preference there will be something for you.
Step 4: Search for Cleveland-Cliffs stocks
Now that you’ve funded your eToro account, just type “NYSE:CLF stocks” into the search bar at the top of the screen and press “trade”.
Step 5: Buy NYSE:CLF
All that’s left is to buy some NYSE:CLF stock. Simply enter the amount you want to purchase and hit the “buy” button. The amount you bought will be automatically credited to your account where you can monitor its performance.
How And Where To Buy Stocks Conclusion
All in all, NYSE:CLF is an incredibly interesting company that has the potential to solve some major issues in the business space. After reading this guide you should know how to buy this investment using the best broker or platform. We recommend eToro to anyone looking for a regulated, easy-to-use, fully-featured broker to buy Cleveland-Cliffs stocks. As with any broker or online platform, it’s crucial you set up 2FA when using their tools as it ensures your funds are completely safe.
When is Cleveland-Cliffs’ next earnings date?
Cleveland-Cliffs is scheduled to release its next quarterly earnings announcement on Thursday, February 25th 2021.
View our earnings forecast for Cleveland-Cliffs.
How can I listen to Cleveland-Cliffs’ earnings call?
Cleveland-Cliffs will be holding an earnings conference call on Thursday, February 25th at 12:00 AM Eastern. Interested parties can register for or listen to the call using this link or dial in at Not Available.
How were Cleveland-Cliffs’ earnings last quarter?
Cleveland-Cliffs Inc (NYSE:CLF) announced its quarterly earnings results on Friday, October, 23rd. The mining company reported ($0.02) earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of ($0.10) by $0.08. The mining company had revenue of $1.65 billion for the quarter, compared to analysts’ expectations of $1.67 billion. Cleveland-Cliffs had a negative trailing twelve-month return on equity of 2.69% and a negative net margin of 3.38%. The firm’s quarterly revenue was up 196.3% on a year-over-year basis. During the same quarter in the prior year, the business earned $0.33 EPS.
View Cleveland-Cliffs’ earnings history.
How has Cleveland-Cliffs’ stock price been impacted by COVID-19 (Coronavirus)?
Cleveland-Cliffs’ stock was trading at $4.49 on March 11th, 2020 when COVID-19 (Coronavirus) reached pandemic status according to the World Health Organization (WHO). Since then, CLF stock has increased by 281.7% and is now trading at $17.14.
Where to Buy Cleveland-Cliffs Stocks Broker Reviews
Launched in 2006, eToro is, in our opinion, without a doubt the best broker for buying NYSE:CLF stocks in the world. The onboarding process is simple, it’s designed to make sure even those new to the stock market are ready to start investing the shortest amount of time possible. As a regulated platform you gain several benefits, most importantly, you know they’re not going to run off with your hard-earned money./
- eToro takes pride in keeping their customers safe, they follow strict data protection rules to keep access to sensitive information to a minimum. Any of the information you provide eToro is even protected by SSL encryption, this ensures that even if someone were to gain access to the servers all your data remains safe.
Over 95% of client funds are kept offline, in cold storage, which is crucial for any broker that manages your assets. Regardless of how secure a platform is meant to be, we recommend using 2FA to add an additional layer of security to your account.
Excellent for both new and experienced traders
eToro offers users a range of features to start investing as quickly as possible. They have a relatively unique feature called copy trading, which lets you earn a passive income by mirroring experienced traders, this allows you to start earning profit quickly, and gives you a better understanding of the strategies used by professionals. Additionally, eToro allows users to invest in managed portfolios, a managed portfolio being a variety of similar assets grouped together, allowing you to diversify your account, reducing any potential risk. For those with previous trading experience, you can invest in markets outside of stocks, as eToro allows users to trade ETFs, commodities, crypto and indices. If you already invest outside of the stock market space this can be very useful, as it allows you to manage all your investments in just one place.
How often does Cleveland-Cliffs pay dividends? What is the dividend yield for Cleveland-Cliffs?
Cleveland-Cliffs announced a quarterly dividend on Tuesday, February 18th. Investors of record on Friday, April 3rd will be given a dividend of $0.06 per share on Wednesday, April 15th. This represents a $0.24 annualized dividend and a dividend yield of 1.40%. The ex-dividend date of this dividend is Thursday, April 2nd.
View Cleveland-Cliffs’ dividend history.
What guidance has Cleveland-Cliffs issued on next quarter’s earnings?
Cleveland-Cliffs issued an update on its fourth quarter 2020 Pre-Market earnings guidance on Monday, January, 25th. The company provided earnings per share guidance of for the period. The company issued revenue guidance of $2.2-2.3 billion, compared to the consensus revenue estimate of $1.82 billion.
Compliance
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 68% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work, and whether you can afford to take the high risk of losing your money.
What price target have analysts set for CLF?
9 brokerages have issued twelve-month price objectives for Cleveland-Cliffs’ shares. Their forecasts range from $4.00 to $22.30. On average, they expect Cleveland-Cliffs’ stock price to reach $11.69 in the next twelve months. This suggests that the stock has a possible downside of 31.8%.
View analysts’ price targets for Cleveland-Cliffs or view top-rated stocks among Wall Street analysts.
Who are Cleveland-Cliffs’ key executives?
Cleveland-Cliffs’ management team includes the following people:
Mr. C. Lourenco Goncalves, Chairman, Pres & CEO (Age 60)
Mr. Timothy K. Flanagan, Exec. VP & CFO (Age 40)
Mr. Clifford T. Smith, Exec. VP of Bus. Devel. (Age 58)
Mr. Terry G. Fedor, Exec. VP of United States Iron Ore (Age 53)
Mr. R. Christopher Cebula, VP, Corp. Controller & Chief Accounting Officer (Age 47)
What is Lourenco Goncalves’ approval rating as Cleveland-Cliffs’ CEO?
38 employees have rated Cleveland-Cliffs CEO Lourenco Goncalves on Glassdoor.com. Lourenco Goncalves has an approval rating of 87% among Cleveland-Cliffs’ employees.
Who are some of Cleveland-Cliffs’ key competitors?
Some companies that are related to Cleveland-Cliffs include Nucor (NUE), Steel Dynamics (STLD), Reliance Steel & Aluminum (RS), United States Steel (X), Worthington Industries (WOR), Commercial Metals (CMC), Allegheny Technologies (ATI), Carpenter Technology (CRS), Schnitzer Steel Industries (SCHN), Haynes International (HAYN), Olympic Steel (ZEUS) and Universal Stainless & Alloy Products (USAP).
View all of CLF’s competitors.
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What other stocks do shareholders of Cleveland-Cliffs own?
Based on aggregate information from BAMagazine watchlists, some companies that other Cleveland-Cliffs investors own include Freeport-McMoRan (FCX), Bank of America (BAC), Rite Aid (RAD), Advanced Micro Devices (AMD), Micron Technology (MU), General Electric (GE), AT&T (T), Ford Motor (F), Cisco Systems (CSCO) and Intel (INTC).
What is Cleveland-Cliffs’ stock symbol?
Cleveland-Cliffs trades on the New York Stock Exchange (NYSE) under the ticker symbol “CLF.”
Who are Cleveland-Cliffs’ major shareholders?
Cleveland-Cliffs’ stock is owned by many different institutional and retail investors. Top institutional investors include Fisher Asset Management LLC (4.30%), Victory Capital Management Inc. (0.71%), SFE Investment Counsel (0.30%), California Public Employees Retirement System (0.22%), Creative Planning (0.16%) and Hodges Capital Management Inc. (0.16%). Company insiders that own Cleveland-Cliffs stock include Eric M Rychel, John T Baldwin, Keith Koci, Lourenco Goncalves, M Ann Harlan, Michael D Siegal, Robert P Fisher Jr and Susan Miranda Green.
View institutional ownership trends for Cleveland-Cliffs.
Which institutional investors are selling Cleveland-Cliffs stock?
CLF stock was sold by a variety of institutional investors in the last quarter, including Drexel Morgan & Co., SG Americas Securities LLC, Fisher Asset Management LLC, Hodges Capital Management Inc., SFE Investment Counsel, Russell Investments Group Ltd., First Dallas Securities Inc., and State of New Jersey Common Pension Fund D.
View insider buying and selling activity for Cleveland-Cliffs or view top insider-selling stocks.
Which institutional investors are buying Cleveland-Cliffs stock?
CLF stock was acquired by a variety of institutional investors in the last quarter, including Monarch Partners Asset Management LLC, Savior LLC, Creative Planning, Victory Capital Management Inc., Kestra Advisory Services LLC, NN Investment Partners Holdings N.V., Strs Ohio, and First Hawaiian Bank. Company insiders that have bought Cleveland-Cliffs stock in the last two years include Eric M Rychel, John T Baldwin, Keith Koci, Lourenco Goncalves, M Ann Harlan, Michael D Siegal, and Robert P Fisher Jr.
View insider buying and selling activity for Cleveland-Cliffs or or view top insider-buying stocks.
How do I buy shares of Cleveland-Cliffs?
Shares of CLF can be purchased through any online brokerage account. Popular online brokerages with access to the stock market include Interactive Brokers Review, eToro Review, DEGiro Review, AvaTrade Review, IG Markets Review, IC Markets Review, CMC Markets Review, Admiral Markets Review and many more. Read one of the reviews to find out everything about the broker and start buying stocks now.
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Frequently asked questions
How to buy Cleveland-Cliffs stocks?
The safest and easiest way to buy NYSE:CLF stocks is by using a regulated broker like eToro or DEGiro. You can open an account with the platform, make a deposit and buy this stock in under 5 minutes from start to finish.
Opening an account with one of these brokers is a smart move, they have been active for more then 10 years, are very safe to use and they have the best platform for novice and experienced traders. If you want to learn more then we suggest you to read our eToro or DeGiro guides.
Where to buy Cleveland-Cliffs stock?
You will first want to find a licensed broker that supports Cleveland-Cliffs stock. One of our favourite brokers, eToro for example, allows you to make investments into this asset from just $25 and only charges you the spread. Another option is using a regulated broker like DEGIRO or Interactive Brokers. You can open an account with these brokers and start buying or trading NYSE:CLF stocks in a safe and complete environment.
Is NYSE:CLF stock a good investment?
As with any other asset, there is an element of risk associated with buying NYSE:CLF stocks. Therefore, you will want to study the market and make a decision based on your financial standing and the risk you are willing to take.
Is Cleveland-Cliffs stock safe to invest in?
All stocks are volatile, or affected by market circumstances. The case with NYSE:CLF is no different, with its price fluctuating dramatically within short periods. As such, if the market goes against you, then you will end up facing a loss. We advice you to do research first before investing in Cleveland-Cliffs stock.
How do you trade Cleveland-Cliffs stocks?
You can trade stocks by first opening an account with a regulated platform and making a deposit in US dollars, EUROs or other currency. Next, search for Cleveland-Cliffs stock and choose from a buy or sell order – depending on whether you think the stock asset will rise or fall in value. If you speculated on NYSE:CLF stocks correctly, you will have made a profit. The size of your trading profit will ultimately be determined by your stake and at what percentage your position grew.
How to sell Cleveland-Cliffs stock?
To sell your NYSE:CLF stocks investment, you can sign in to your broker account and cash out directly from within your portfolio. If you have stored the stocks elsewhere, you will first have to transfer them to a third-party provider or broker to cash out.
What is the best Cleveland-Cliffs stock trading platform?
eToro, is a top-rated platform for beginners, albeit, it charges significantly lower fees. For example, there are no fees to deposit with a debit/credit card and you only need to cover the spread when trading NYSE:CLF stock.
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Stephen Johnson
Stephen knows a lot about financial products and in particular has a great passion for the stock markets and its participants. We hope that the information provided will help you. Something not quite clear? Please leave your questions or comments at the bottom of the page.
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