What is KeyCorp’s Estimate for CLF FY2026 Earnings?

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

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

Cleveland-Cliffs Price Performance

CLF stock opened at $11.29 on Wednesday. The stock’s 50 day simple moving average is $10.25 and its 200 day simple moving average is $11.86. The company has a quick ratio of 0.55, a current ratio of 1.85 and a debt-to-equity ratio of 0.53. Cleveland-Cliffs has a fifty-two week low of $8.99 and a fifty-two week high of $22.97.

Institutional Inflows and Outflows

Institutional investors have recently bought and sold shares of the business. Altus Wealth Group LLC raised its stake in shares of Cleveland-Cliffs by 7.2% during the 3rd quarter. Altus Wealth Group LLC now owns 11,900 shares of the mining company’s stock worth $152,000 after purchasing an additional 800 shares during the period. AllSquare Wealth Management LLC increased its holdings in 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 buying an additional 1,000 shares during the last quarter. MRP Capital Investments LLC raised its position in Cleveland-Cliffs by 10.0% in the fourth quarter. MRP Capital Investments LLC now owns 11,000 shares of the mining company’s stock worth $103,000 after acquiring an additional 1,000 shares during the period. Jones Financial Companies Lllp boosted its stake in Cleveland-Cliffs by 21.3% in the fourth quarter. Jones Financial Companies Lllp now owns 6,723 shares of the mining company’s stock valued at $63,000 after acquiring an additional 1,182 shares during the last quarter. Finally, DekaBank Deutsche Girozentrale grew its position in shares of Cleveland-Cliffs by 3.2% during the 3rd quarter. DekaBank Deutsche Girozentrale now owns 40,408 shares of the mining company’s stock valued at $515,000 after acquiring an additional 1,237 shares during the period. 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.