Cleveland-Cliffs (CLF) Expected to Announce Quarterly Earnings on Monday

Cleveland-Cliffs (NYSE:CLF) is expected to announce its Q1 2026 results before the market opens on Monday, April 20th. Analysts expect the company to announce earnings of ($0.3669) per share and revenue of $4.8412 billion for the quarter. Investors can find conference call details on the company’s upcoming Q1 2026 earning report page for the latest details on the call scheduled for Monday, April 20, 2026 at 8:30 AM ET.

Cleveland-Cliffs (NYSE:CLF) last announced its quarterly earnings data on Monday, February 9th. The mining company reported ($0.43) EPS for the quarter, beating the consensus estimate of ($0.62) by $0.19. Cleveland-Cliffs had a negative return on equity of 18.94% and a negative net margin of 7.91%.The business had revenue of $4.31 billion for the quarter, compared to the consensus estimate of $4.60 billion. During the same period in the previous year, the business earned ($0.68) earnings per share. The business’s revenue was down .3% on a year-over-year basis. On average, analysts expect Cleveland-Cliffs to post $-1 EPS for the current fiscal year and $0 EPS for the next fiscal year.

Cleveland-Cliffs Price Performance

Shares of Cleveland-Cliffs stock opened at $9.91 on Friday. The stock has a 50 day moving average of $9.61 and a 200 day moving average of $11.80. Cleveland-Cliffs has a 12 month low of $5.63 and a 12 month high of $16.70. The firm has a market cap of $5.65 billion, a PE ratio of -3.39 and a beta of 1.91. The company has a current ratio of 1.95, a quick ratio of 0.50 and a debt-to-equity ratio of 1.15.

Insider Buying and Selling at Cleveland-Cliffs

In other Cleveland-Cliffs news, COO Clifford T. Smith sold 200,000 shares of the company’s stock in a transaction that occurred on Tuesday, February 17th. The stock was sold at an average price of $10.46, for a total transaction of $2,092,000.00. Following the sale, the chief operating officer directly owned 560,529 shares in the company, valued at $5,863,133.34. This represents a 26.30% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available at this link. Also, Director Edilson Camara acquired 19,700 shares of the firm’s stock in a transaction on Friday, February 13th. The shares were bought at an average price of $10.13 per share, for a total transaction of $199,561.00. Following the completion of the transaction, the director owned 41,983 shares of the company’s stock, valued at approximately $425,287.79. This trade represents a 88.41% increase in their ownership of the stock. The disclosure for this purchase is available in the SEC filing. Company insiders own 0.95% of the company’s stock.

Institutional Investors Weigh In On Cleveland-Cliffs

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in CLF. Los Angeles Capital Management LLC purchased a new stake in Cleveland-Cliffs during the fourth quarter valued at approximately $25,000. Larson Financial Group LLC raised its position in Cleveland-Cliffs by 819.2% during the third quarter. Larson Financial Group LLC now owns 2,684 shares of the mining company’s stock valued at $33,000 after purchasing an additional 2,392 shares during the period. CIBC Private Wealth Group LLC raised its position in Cleveland-Cliffs by 306.1% during the fourth quarter. CIBC Private Wealth Group LLC now owns 2,461 shares of the mining company’s stock valued at $33,000 after purchasing an additional 1,855 shares during the period. Caitong International Asset Management Co. Ltd raised its position in Cleveland-Cliffs by 94.0% during the fourth quarter. Caitong International Asset Management Co. Ltd now owns 2,505 shares of the mining company’s stock valued at $33,000 after purchasing an additional 1,214 shares during the period. Finally, Johnson Financial Group Inc. raised its position in Cleveland-Cliffs by 2,935.8% during the fourth quarter. Johnson Financial Group Inc. now owns 3,309 shares of the mining company’s stock valued at $44,000 after purchasing an additional 3,200 shares during the period. 67.68% of the stock is currently owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

A number of equities analysts recently commented on CLF shares. Citigroup increased their price target on Cleveland-Cliffs from $11.00 to $13.00 and gave the company a “neutral” rating in a research note on Monday, February 9th. The Goldman Sachs Group started coverage on Cleveland-Cliffs in a research note on Wednesday, April 1st. They set a “neutral” rating and a $9.00 price target for the company. KeyCorp started coverage on Cleveland-Cliffs in a research note on Wednesday, March 25th. They set a “sector weight” rating for the company. Wells Fargo & Company dropped their price target on Cleveland-Cliffs from $12.00 to $9.00 and set an “equal weight” rating for the company in a research note on Thursday, March 19th. Finally, Wall Street Zen raised Cleveland-Cliffs from a “sell” rating to a “hold” rating in a research note on Saturday, February 14th. Two analysts have rated the stock with a Buy rating, seven have issued a Hold rating and two have given a Sell rating to the stock. According to data from MarketBeat.com, the company presently has a consensus rating of “Hold” and an average price target of $12.69.

About Cleveland-Cliffs

Cleveland-Cliffs Inc is a leading North American producer of iron ore pellets and flat-rolled steel products. Tracing its roots to 1847, the company has evolved from an iron-ore mining concern in the Great Lakes region into a fully integrated steelmaker. Today, Cleveland-Cliffs operates iron ore mining complexes in Michigan and Minnesota as well as steelmaking and finishing facilities across the United States.

The company’s integrated platform begins with direct control of key raw materials, including iron ore and scrap, and extends through every stage of steel production.