CLF

Cleveland-Cliffs Inc.
NYSEUSDEQUITY Basic Materials DELAYED
Last price
12.31
▲ 0.11 (0.90%)
MARKET · —

Price

1D — H — L — Range — Vol —
Drag pan · Pinch zoom · Hold crosshair · pick a tool then drag to draw
Open
12.26
Prev close
12.20
Day high
12.88
Day low
12.13
Volume
12.08M
Market cap
$6.99B
P/E (TTM)
—
52W range
7.73 – 16.70

Day trading desk

Current session · delayed
Gap from prior close
+0.49%
Prior close 12.20
VWAP
12.33
-0.16% from price
Relative volume
0.58×
Quiet session
Session range
6.76%
12.13 – 12.95
Position in range
22%
Near session low
ATR (14D)
0.69
5.57% of price
Prior day high
12.57
PDH
Prior day low
11.36
PDL
Bid / ask spread
—
Quote not published
Session volume
10.82M
Avg 18.62M

VWAP and the session figures are computed from the delayed intraday series on this page, so they lag the live tape and will not match a broker's real-time VWAP exactly. Turn on Prior day H/L/C, Opening range and Volume profile in the chart's Studies menu to see these levels drawn on price.

Trailing performance

Price return · vs SPY
Returnvs SPY
1W
+11.26% +9.3%
1M
-2.00% -3.2%
3M
+28.81% +24.3%
6M
+40.64% +22.5%
YTD
-7.76% -22.0%
1Y
-3.92% -20.3%
3Y
-21.63% -103.9%
5Y
— —

Price return only. Dividends are not reinvested, so total return on a dividend payer will be higher than shown.

Unusual options activity

Account required
Nothing crossed the thresholds in the expiries we scanned.
That is the normal state — most contracts trade well inside their existing open interest.
Free account required

Contracts trading at or above their open interest, ranked by notional and where the print landed.

Free account

5 more panels on CLF open with an account.

Options chains and analytics, valuation ratios, insider filings, analyst targets and ownership. No card, no trial, nothing to cancel.

Insider net activity

6m · Form 4 rollup
Net shares
-113.81K
Net selling
Buy transactions
8
100.50K shares
Sell transactions
1
214.31K shares
Net transactions
+9
Buys less sells
Sell : buy shares
2.1 : 1
Mixed
Insider-held shares
4.90M
Total on file
Bought 100.50KSold 214.31K

Insider transactions

Account required
DateInsiderAction SharesValueHeld
Jul 1, 26
CRONIN JANE M.
Director
STOCK 4.25K $40.00K Direct
Jul 1, 26
BLOOM RON A.
Director
STOCK 4.25K $40.00K Direct
Jun 5, 26
GONCALVES CELSO L. JR.
Chief Financial Officer
SELL 214.31K $2.87M Direct
Apr 21, 26
MICHAEL RALPH S III
Director
STOCK 15.33K $0 Direct
Apr 21, 26
YOCUM ARLENE M
Director
STOCK 15.33K $0 Direct
Apr 21, 26
OREN BEN
Director
STOCK 15.33K $0 Direct
Apr 21, 26
CAMARA EDILSON
Director
STOCK 15.33K $0 Direct
Apr 21, 26
CRONIN JANE M.
Director
STOCK 15.33K $0 Direct
Apr 21, 26
BLOOM RON A.
Director
STOCK 15.33K $0 Direct
Apr 1, 26
CRONIN JANE M.
Director
STOCK 4.53K $37.50K Direct
Apr 1, 26
BLOOM RON A.
Director
STOCK 4.84K $40.00K Direct
Apr 1, 26
STOLIAR GABRIEL
Director
STOCK 2.42K $20.00K Direct
Feb 17, 26
SMITH CLIFFORD T.
Chief Operating Officer
SELL 200.00K $2.09M Direct
Feb 13, 26
CAMARA EDILSON
Director
BUY 19.70K $199.63K Direct
What this is, and what it is not

These are SEC Form 4 filings — officers, directors and 10% owners reporting their own trades in the company's stock. Filing is due within two business days of the transaction, so this lags reality by days, and the provider adds its own lag on top.

A sale is not automatically bearish. Executives sell on scheduled 10b5-1 plans, to cover tax on vesting equity, and to diversify. Purchases with cash are generally the more informative signal, and they are far rarer.

This does not include congressional or senate trading. That comes from STOCK Act disclosures filed with the Senate eFD system and the House Clerk, which this data source does not carry.

Free account required

Officer and director trades in their own stock, straight from Form 4 filings.

Insider holders

10 reporting
NameRelationShares heldLatest
FEDOR TERRY G
Officer 573.03K Stock Award(Grant)
FORRESTER TRACI L
Officer 209.78K Stock Award(Grant)
GONCALVES CELSO L. JR.
Chief Financial Officer 184.54K Sale
GONCALVES LOURENCO CELSO
Chief Executive Officer — Sale
GRAHAM JAMES D.
Officer 492.25K Sale
KOCI KEITH
Officer 543.48K Purchase
MICHAEL RALPH S III
Director 233.42K Stock Award(Grant)
SMITH CLIFFORD T.
Chief Operating Officer 660.63K Sale
STOLIAR GABRIEL
Director 288.35K Stock Award(Grant)
YOCUM ARLENE M
Director 136.47K Stock Award(Grant)

Fundamentals

TTM · reported
Market cap$6.99B
Enterprise value$14.86B
Revenue (TTM)$19.20B
Gross profit$-202.00M
EBITDA$515.00M
Net income$-866.00M
EPS (TTM)$-1.62
Free cash flow$6.13M
Total cash$70.00M
Total debt$7.72B
Book value / share$9.82
Shares outstanding570.54M
Float564.44M
Short % of float14.21%
Dividend yield0.00%
Beta (5Y)2.09

Valuation & profitability ratios

Account required
Trailing P/E—
Forward P/E14.28
PEG ratio0.43
Price / sales—
Price / book1.25
EV / revenue0.77
EV / EBITDA28.85
Gross margin-1.05%
Operating margin0.34%
Profit margin-4.56%
Return on equity-13.86%
Return on assets-1.71%
Debt / equity132.74
Current ratio1.89
Free account required

Fourteen ratios including P/E, PEG, EV/EBITDA, margins and return on equity.

Financial statements

As reported · 4 years · 6 quarters
Blank means not reported, not zero
Line item2025202420232022YoY
Total revenue $18.61B$19.18B$22.00B$22.99B -3.0%
Operating revenue $17.95B$18.53B$21.33B$22.38B -3.1%
Cost of revenue $19.47B$19.12B$20.62B$20.47B +1.8%
Gross profit -$860.00M$63.00M$1.37B$2.52B -1,465.1%
Selling, general & admin $543.00M$486.00M$577.00M$465.00M +11.7%
Total operating expense $593.00M$574.00M$577.00M$546.00M +3.3%
Operating income -$1.45B-$511.00M$796.00M$1.97B -184.3%
Net interest income -$594.00M-$370.00M-$289.00M-$276.00M -60.5%
Pre-tax income -$2.00B-$950.00M$579.00M$1.80B -110.9%
Tax provision -$581.00M-$236.00M$144.00M$423.00M -146.2%
Net income -$1.48B-$760.00M$385.00M$1.33B -94.5%
Net income to common -$1.48B-$760.00M$385.00M$1.33B -94.5%
Basic EPS -2.91-1.570.782.57 -85.4%
Diluted EPS -2.91-1.570.782.55 -85.4%
EBIT -$1.41B-$580.00M$868.00M$2.07B -143.1%
EBITDA -$175.00M$371.00M$1.84B$3.11B -147.2%
Basic shares 508.00M480.25M511.54M519.46M +5.8%
Diluted shares 508.00M480.25M511.54M523.53M +5.8%

Options analytics

Account required
Put / call volume
0.53
Call-heavy session
Put / call open interest
0.45
Positioning, not flow
Max pain
12.00
-2.0% from spot
ATM implied vol
81.3%
Nearest strike to spot
Skew (10% OTM)
+7.8%
Puts bid over calls
Call volume
4.63K
Contracts, this expiry
Put volume
2.44K
Contracts, this expiry
Heaviest call OI
13.00
4.11K contracts
Heaviest put OI
12.00
1.80K contracts

Max pain is the strike at which the largest dollar value of open contracts expires worthless. It describes current positioning; it is not a forecast and it moves as open interest changes.

Free account required

Put/call ratios, max pain, implied volatility skew and where open interest is concentrated.

Earnings

History & consensus estimates
Reported vs expected · EPS
QuarterEst.ActualSurprise
Jun 2026 -0.22-0.20 +7.2%
Mar 2026 -0.42-0.40 +3.9%
Dec 2025 -0.62-0.43 +30.1%
Sep 2025 -0.45-0.45 +0.5%
Forward consensus
PeriodEPSAnalystsRevenueGrowth
Current quarter 0.24 8 $5.72B +20.9%
Next quarter 0.31 8 $5.61B +30.0%
Current year -0.18 7 $21.53B +15.7%
Next year 0.93 10 $22.32B +3.7%

Analyst targets & ownership

Account required
Mean target$12.60
High target$15.00
Low target$10.00
Implied upside2.36%
Analyst count10
ConsensusHOLD
Strong buy / Buy0 / 2
Hold10
Sell / Strong sell0 / 1
Held by insiders0.86%
Held by institutions84.42%
Institutions holding730
Free account required

Price targets, consensus spread, insider and institutional ownership.

Moving averages & technicals

Computed from 2Y daily closes
SMA 10
11.80
+4.30% from price
SMA 20
11.97
+2.31% from price
SMA 50
11.91
+2.84% from price
SMA 100
11.60
+6.10% from price
SMA 200
11.37
+7.70% from price
EMA 12
11.85
+3.92% from price
EMA 26
11.87
+3.70% from price
EMA 50
11.75
+4.76% from price
RSI (14)
54.2
Neutral
MACD (12,26,9)
-0.03
Hist -0.03
ATR (14)
0.69
5.60% of price
Realised vol 30D
52.5%
Annualised
Bollinger upper
13.05
20, 2σ
Bollinger lower
10.90
20, 2σ
50 / 200 cross
Golden
11.91 vs 11.37
Trend bias
Above 200
+7.70%

Options chain

Account required
Expiry
Spot 12.31
Calls
StrikeLastBidAskVolOIIV
000.000.000.000.00000.0%
000.000.000.000.00000.0%
000.000.000.000.00000.0%
000.000.000.000.00000.0%
000.000.000.000.00000.0%
000.000.000.000.00000.0%
000.000.000.000.00000.0%
Puts
StrikeLastBidAskVolOIIV
000.000.000.000.00000.0%
000.000.000.000.00000.0%
000.000.000.000.00000.0%
000.000.000.000.00000.0%
000.000.000.000.00000.0%
000.000.000.000.00000.0%
000.000.000.000.00000.0%
Free account required

Every listed expiry, both sides of the book, with volume, open interest and implied volatility.

Risk profile

Daily returns · 1Y window
Beta vs SPY
2.24
More volatile than market
Correlation to SPY
0.42
Loosely linked
Realised vol 30D
52.5%
Annualised
Market vol 1Y
13.0%
SPY, annualised
Max drawdown 1Y
-51.7%
Peak to trough
Max drawdown 5Y
-82.4%
Peak to trough
ATR 14
0.69
5.60% of price
Beta (reported)
2.09
5Y monthly, from filing

Short interest

Semi-monthly exchange report · lags by ~2 weeks
Shares short
80.33M
Prior 81.12M
Change vs prior
-1.0%
Shorts covering
% of float
14.21%
Elevated
% of shares out
14.08%
Against total outstanding
Days to cover
5.7
Crowded exit
Float
564.44M
Freely tradeable shares

Exchanges publish short interest twice a month with a settlement lag, so this is roughly two weeks behind. Days to cover divides shares short by average daily volume — it estimates how long covering would take, not whether it will happen.

Rating changes

285 on file
DateFirm ActionFromTo
Oct 6, 26 Wells Fargo UPGRADE Equal-Weight Overweight
Sep 21, 26 GLJ Research MAINTAINED Buy Buy
Sep 18, 26 GLJ Research MAINTAINED Buy Buy
Sep 9, 26 JP Morgan MAINTAINED Neutral Neutral
Aug 24, 26 Wells Fargo MAINTAINED Equal-Weight Equal-Weight
Jul 24, 26 GLJ Research UPGRADE Neutral Buy
Jul 24, 26 Barclays MAINTAINED Underweight Underweight
Jul 24, 26 Wells Fargo MAINTAINED Equal-Weight Equal-Weight
Jul 15, 26 JP Morgan MAINTAINED Neutral Neutral
Jul 9, 26 B of A Securities MAINTAINED Neutral Neutral
Jul 9, 26 Wells Fargo MAINTAINED Equal-Weight Equal-Weight
Jul 7, 26 Citigroup MAINTAINED Neutral Neutral

Dividends & splits

Declared · from the issuer
Forward rate—
Forward yield0.00%
5-year avg yield4.34%
Payout ratio0.00%
Ex-dividend dateApr 2, 2020
Next pay dateApr 15, 2020
Last split2:1
Split dateMay 16, 2008

PRIVATE STRATEGY · BY QUALIFICATION

The same data. A different seat.

The research you are reading is the input layer for a discretionary options program we run for a small number of qualified investors. Minimum $1,000,000.