Cliffs Natural Resources Inc: (NYSE: CLF)

$18.45

-0.14 (-0.75%)

Volume 13,305,973

Jun 19 04:01 PM ET

Zacks Rank: 3-Hold

 
 
#3
 
 

Overview Quote

Get Overview Quote for:

Stock Activity

Day Low - High 18.06 - 19.00
52wk Low - High 16.74 - 53.13
Previous Close 18.59
Avg. Volume 10,642,709
Industry MINING -IRON
Market Cap 2.85 B
Div - Yield 0.60 - 3.23
Beta 2.30
P/E (F1) 7.01
Current Year Est. 2.65
Quarterly Earnings ESP NA

Premium research

Zacks Rank Short-Term: 1-3 Months

Zacks #1 Rank Strong Buys

3

Zacks Recommendation Long-Term: 6+ Months

All Outperform Rated Stocks

Neutral

Zacks Industry Rank

193 out of 265

Equity Research Report

Updated as of 06/13/2013

PREMIUM

( = Change in last 30 days)

Get all our stock ratings and recommendations with a Free Trial to Zacks Premium Start Free Trial

Key Earnings Data

P/E (F1) 7.01
PEG Ratio 1.40
Current Year Est. 2.65
Current Quarter Estimate 0.80
Most Accurate Estimate NA
Earnings ESP NA
Next Earnings Report Date 07-24-2013
EPS Last Year 3.43
Expected Earnings Growth 5.00%

Company Description

CLIFFS NATURAL RESOURCES INC, formerly Cleveland-Cliffs Inc, is an international mining company, a producer of iron ore pellets in North America and a supplier of metallurgical coal to the global steelmaking industry. It operates six iron ore mines in Michigan, Minnesota and Eastern Canada, and three coking coal mines in West Virginia and Alabama. Cliffs also owns 80.4% of Portman, an iron ore mining company in Australia, serving the Asian iron ore markets with direct-shipping fines and lump ore. In addition, it has a 30% interest in the Amapa Project, a Brazilian iron ore project, and a 45% economic interest in the Sonoma Project, an Australian coking and thermal coal project.

NYSE data is at least 20 minutes delayed.

NASDAQ data is at least 15 minutes delayed.

Interactive Java Charting | Fundamental Charts

Introducing Zacks Whisper Trader

Turn Earnings Surprises into quick profits.

 

CLF Chart by YCharts

Earnings Estimates

Current Qtr
(06/2013)
Next Qtr
(09/2013)
Current Year
(12/2013)
Next Year
(12/2014)
Average Estimate 0.80 0.71 2.65 1.87
Number of Estimates 11 9 11 11
Low Estimate 0.30 0.25 1.00 0.27
High Estimate 1.23 1.05 3.65 NA
Year Ago EPS 1.81 0.61 3.21 2.65
EPS Growth -55.70% 15.66% -17.36% -29.64%

Average Earnings Estimates for CLF

EPS Growth for CLF

Industry Analysis

Name Symbol Previous Close Zacks Rank Zacks Recommendation
CLIFFS NATURAL CLF 18.59
VALE SA VALE 14.31
ALDERON IRON AXX 0.98
MMX MINERACAO MMXMY 0.66
AFRICAN MINERAL AMLZF 3.65
KUMBA IRON ORE KIROY 15.78

Sector:Basic Materials>> Industry:MINING -IRON

COMPARE TICKER vs. Its Peers

Financials

EPS TTM 3.43
Sales 5,873
Net Income -1,168
Price/Earnings 5.42
Price/Book 0.48
Price/Cash Flow 1.30
Price/Sales 0.49

Zacks Research is Reported On:

Zacks Investment Research

is an A+ Rated BBB

Accredited Business.