Previous Close | 20.81 |
Open | 20.72 |
Bid | 0.00 x 1100 |
Ask | 0.00 x 1300 |
Day's Range | 20.52 - 21.15 |
52 Week Range | 13.61 - 22.97 |
Volume | |
Avg. Volume | 8,394,012 |
Market Cap | 9.913B |
Beta (5Y Monthly) | 2.04 |
PE Ratio (TTM) | 26.73 |
EPS (TTM) | 0.78 |
Earnings Date | Apr 23, 2024 |
Forward Dividend & Yield | N/A (N/A) |
Ex-Dividend Date | Apr 02, 2020 |
1y Target Est | 21.96 |
Company Announces $1.5 Billion Share Repurchase Program
Cleveland-Cliffs (CLF) delivered earnings and revenue surprises of -5.26% and 1.79%, respectively, for the quarter ended March 2024. Do the numbers hold clues to what lies ahead for the stock?
(Bloomberg) -- Cleveland-Cliffs Inc.’s top boss says buying back shares make more sense than takeovers — a view that underpins the US steelmaker’s decision to repurchase as much as $1.5 billion in stock.Most Read from BloombergTrump Has Only $6.8 Million for Legal Fees With Trial UnderwayRay Dalio’s Famous Trade Is Sputtering, Investors BailingStocks Climb as US Earnings Kick Into High Gear: Markets WrapRussians Transform Dubai as They Flee Putin’s War: Photo EssaySea Billionaire’s Wife to Buy S