Q1 Earnings Forecast for CLF Issued By Seaport Res Ptn

Cleveland-Cliffs Inc. (NYSE:CLF) – Investment analysts at Seaport Res Ptn issued their Q1 2026 earnings estimates for shares of Cleveland-Cliffs in a note issued to investors on Tuesday, March 11th. Seaport Res Ptn analyst M. Englert expects that the mining company will post earnings per share of $0.25 for the quarter. The consensus estimate for Cleveland-Cliffs’ current full-year earnings is ($0.79) per share. Seaport Res Ptn also issued estimates for Cleveland-Cliffs’ Q3 2026 earnings at $0.26 EPS and Q4 2026 earnings at $0.22 EPS.

Other analysts have also recently issued reports about the stock. Glj Research decreased their target price on shares of Cleveland-Cliffs from $14.54 to $12.90 and set a “buy” rating on the stock in a research report on Thursday, February 27th. Citigroup cut their price target on shares of Cleveland-Cliffs from $12.50 to $11.00 and set a “neutral” rating on the stock in a 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 report on Monday, February 3rd. The Goldman Sachs Group cut their price target on shares of Cleveland-Cliffs from $17.00 to $15.00 and set a “buy” rating on the stock in a report on Tuesday, March 4th. Finally, B. Riley reiterated a “buy” rating on shares of Cleveland-Cliffs in a report on Tuesday, February 4th. Two equities research analysts have rated the stock with a sell rating, four have assigned a hold rating, four have issued a buy rating and one has assigned a strong buy rating to the company. According to data from MarketBeat.com, Cleveland-Cliffs currently has a consensus rating of “Hold” and a consensus target price of $16.43.

Cleveland-Cliffs Stock Down 0.6 %

Shares of NYSE CLF opened at $9.74 on Thursday. The firm’s 50-day moving average price is $10.38 and its 200-day moving average price is $11.46. The company has a current ratio of 1.85, a quick ratio of 0.55 and a debt-to-equity ratio of 0.53. The stock has a market capitalization of $4.81 billion, a price-to-earnings ratio of -10.04 and a beta of 1.94. Cleveland-Cliffs has a 12-month low of $8.50 and a 12-month high of $22.97.

Cleveland-Cliffs (NYSE:CLF) last announced its quarterly earnings data on Monday, February 24th. The mining company reported ($0.68) EPS for the quarter, missing the consensus estimate of ($0.65) by ($0.03). The firm had revenue of $4.33 billion for the quarter, compared to the consensus estimate of $4.46 billion. Cleveland-Cliffs had a negative net margin of 2.31% and a negative return on equity of 0.59%.

Insider Activity at Cleveland-Cliffs

In other Cleveland-Cliffs news, EVP Keith Koci purchased 9,500 shares of Cleveland-Cliffs stock in a transaction that occurred on Friday, February 28th. The stock was purchased at an average price of $10.81 per share, for a total transaction of $102,695.00. Following the transaction, the executive vice president now directly owns 543,475 shares in the company, valued at $5,874,964.75. This trade represents a 1.78 % increase in their ownership of the stock. The purchase was disclosed in a document filed with the SEC, which is accessible through the SEC website. Also, Director Jane M. Cronin acquired 10,000 shares of the business’s stock in a transaction on Friday, February 28th. The shares were purchased at an average price of $10.56 per share, with a total value of $105,600.00. Following the transaction, the director now owns 24,522 shares in the company, valued at $258,952.32. The trade was a 68.86 % increase in their position. The disclosure for this purchase can be found here. Over the last quarter, insiders acquired 23,500 shares of company stock worth $243,095. Corporate insiders own 1.76% of the company’s stock.

Institutional Investors Weigh In On Cleveland-Cliffs

A number of large investors have recently added to or reduced their stakes in the business. Strengthening Families & Communities LLC lifted its holdings in shares of Cleveland-Cliffs by 299.8% during the 3rd quarter. Strengthening Families & Communities LLC now owns 1,987 shares of the mining company’s stock worth $25,000 after acquiring an additional 1,490 shares during the period. Pinpoint Asset Management Ltd acquired a new stake in shares of Cleveland-Cliffs during the fourth quarter worth approximately $25,000. Darwin Wealth Management LLC acquired a new position in Cleveland-Cliffs in the third quarter worth $34,000. Truvestments Capital LLC acquired a new position in Cleveland-Cliffs in the third quarter worth $34,000. Finally, Estabrook Capital Management boosted its holdings in Cleveland-Cliffs by 207.7% in the fourth quarter. Estabrook Capital Management now owns 4,000 shares of the mining company’s stock worth $38,000 after purchasing an additional 2,700 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.