How to Buy Cleveland Cliffs Stock
Cleveland Cliffs Inc
Cleveland Cliffs is a steel company located in Ohio, United States, which is part of the Basic Materials sector, and is traded under the ticker CLF on the NYSE exchange.
Cleveland Cliffs stock last closed at $8.24, down 2.02% from the previous day, and has decreased 51.24% in one year. It has underperformed other stocks in the Steel industry by 0.4 percentage points. Cleveland Cliffs stock is currently +33.51% from its 52-week low of $6.17, and -54.48% from its 52-week high of $18.10.
As of Apr 30, 2025, there are 494.48M CLF shares outstanding. The market cap of CLF is $4.07B. In the last 24 hours, 15.15M CLF shares were traded.
How to Buy Cleveland Cliffs Stock
Not sure how to invest in Cleveland Cliffs stock? Here's how.
- Figure out where to buy Cleveland Cliffs stock: You need to decide on an online brokerage, but don't worry - we've sifted through dozens of online brokerages and apps to help you figure out where to buy Cleveland Cliffs stock.
- Sign up for a brokerage account: Sign up for 0% fee trading with the highest-rated brokerage we've selected.
- Deposit funds into your investment account: Select your method of payment and add your information.
- Evaluate Cleveland Cliffs stock: The Cleveland Cliffs ticker symbol is CLF. Is Cleveland Cliffs stock a good investment? Should you buy shares of CLF? How do CLF's underlying business fundamentals look? Do top analysts think Cleveland Cliffs is a good buy? Why has CLF's stock price moved recently? (Hint: Our stock analysis website can help you figure out if CLF is a good stock to buy).
- Place your CLF trade: Decide if you will purchase CLF shares at the current market price or use a limit order to buy CLF shares at a given price.
- Get updates on your investment in CLF: Create a watchlist to monitor your position in Cleveland Cliffs shares.
Step 1: Figure out where to buy Cleveland Cliffs stock
You will need an online brokerage account to access the NYSE market and buy CLF shares.
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Open eToro AccountStep 2: Sign up for a brokerage account
Now that you've chosen the right brokerage, you'll need to fill out some personal information so you can invest in CLF stock today.
How to Create a New Investment Account on eToro
- Click here to get started.eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.
- Enter your personal details to start your new brokerage account.
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Step 3: Deposit funds into your investment account
Now that you have finished signing up on one of the most highly reviewed stock apps, you can securely and quickly fund your account:
Watch the video below to see the process of transferring money into your new brokerage account.
Step 4: Evaluate Cleveland Cliffs stock
After you have selected the best place to buy Cleveland Cliffs stock, it's critical to evaluate their stock before you invest, so you can understand the risk as well as the upside.
Cleveland Cliffs shares data
CLF Fundamentals
WallStreetZen was designed to help everyday investors perform better fundamental analysis.
You can view all of the due diligence checks on CLF's stock page.
Is CLF stock undervalued?
Investors use a variety of different financial metrics, analyses, models, and charts to gauge CLF's true value.
Using relative valuations methods:
- CLF could be undervalued based on its P/B ratio of 0.61x, relative to Steel industry P/B ratio of 0.81x
You can access more valuation research on CLF's stock here.
CLF Financial Health
Passed Health Checks:
- Total CLF debt is lower than 5 years ago, relative to shareholder equity.
- There are more short-term assets than short-term liabilities on the CLF balance sheet.
- CLF has $54.00M in cash and short term investments. This is enough to cover its annual cash burn of $590.00M.
Failed Health Checks:
- There are more long-term liabilities than short-term assets on the CLF balance sheet.
- CLF has a relatively high debt to equity ratio of 2.11.
- CLF profit margin has gone down from 1.8% to -3.9% in the past year.
- CLF has cash burn of 590000000. It does not have sufficient cash and short-term investments to cover this.
Do analysts think it's a good time to buy Cleveland Cliffs stock
Out of 6 Equities analysts who give forecasts on CLF, the consensus analyst rating on Cleveland Cliffs is a Buy
It's important to note that analyst ratings are not recommendations, nor are they financial advice.
Most Recent CLF Analyst Recommendations
Alexander Hacking, a top 13% analyst from Citigroup maintains CLF with a hold rating and lowers their CLF price target from $12.50 to $11.00, on Dec 19, 2024.
You can dive deeper into what analysts are saying on the Cleveland Cliffs stock forecast page.
Metrics for Advanced CLF Traders
Is CLF Making Money?
Last year, CLF revenue was $19.19B. During the past 5 year, CLF's revenue has increased by 57.33% per year. This was faster than the Steel industry average of 5.01%.
You can research CLF's earnings and revenue performance here.
Who is buying/selling CLF?
In the last 12 months, insiders at CLF have sold more shares than they have bought.
Ron A. Bloom, Director of CLF, was the latest CLF insider to buy. They bought $39,997.80 worth of CLF stock on Apr 1, 2025.
Get more info about who owns CLF shares here.
Does CLF provide a stable income stream?
No, Cleveland Cliffs doesn't provide an income stream by paying out dividends.
Get opinions from other investors
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Step 5: Place your CLF trade
You have two primary order types:
- Market order: A market order is an order to buy or sell a security at the best price on the market.
Market orders are mostly the best for newer investors. - Limit order: A limit order is an order to buy or sell a stock at a specific price (or better).
If you want to ensure you're buying or selling at a given dollar amount limit, use a limit order.
Click the Open Trade button and your broker will execute your order.
If you require more help with buying stocks on eToro, click the helpful video below:
Step 6: Get updates on your investment in CLF
Now that you own some CLF shares, you'll want to keep up with your investment.
Put CLF on a watchlist to monitor your CLF stock.
CLF Feed
How to Buy Stock in Cleveland Cliffs
To summarize, here are the 6 steps to buy stock in Cleveland Cliffs:
- Figure out where to buy Cleveland Cliffs stock
- Sign up for a brokerage account
- Deposit funds into your investment account
- Evaluate Cleveland Cliffs stock
- Place your CLF trade
- Get updates on your investment in CLF
If you are looking for a online brokerage, eToro is our recommended option.
Get Started with eToro TodayIf you want to monitor your new investment in Cleveland Cliffs, create your watchlist below.
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