Cleveland Cliffs Net Worth

Cleveland Cliffs Net Worth Breakdown

  CLF
The net worth of Cleveland Cliffs is the difference between its total assets and liabilities. Cleveland Cliffs' net worth represents the value of the company's equity or ownership interest. In other words, it is the amount of money that would be left over if all of Cleveland Cliffs' assets were sold and all of its debts were paid off. Net worth is sometimes referred to as shareholder's equity or book value. Cleveland Cliffs' net worth can be used as a measure of its financial health and stability which can help investors to decide if Cleveland Cliffs is a good investment. It is also essential in determining the company's creditworthiness and ability to secure financing before investing in Cleveland Cliffs stock.

Cleveland Cliffs Net Worth Analysis

Cleveland Cliffs' net worth analysis, or its valuation, is the process of determining the total value of the company. This involves assessing a range of factors, including Cleveland Cliffs' financial performance, assets, liabilities, and potential for growth. The ultimate goal is to provide a clear understanding of Cleveland Cliffs' overall worth, which can help investors make informed investment decisions. There are several methods that can be used to perform Cleveland Cliffs' net worth analysis. One common approach is to calculate Cleveland Cliffs' market capitalization.Another approach is to use the price-to-earnings ratio (P/E ratio), which compares Cleveland Cliffs' stock price to its earnings per share (EPS). Discounted cash flow (DCF) analysis is another popular method for assessing Cleveland Cliffs' net worth. This approach calculates the present value of Cleveland Cliffs' future cash flows, taking into account factors such as growth rate, profitability, and risk. By comparing the present value of Cleveland Cliffs' cash flows to its current stock price, investors can gain a better understanding of the company's overall value. Finally, investors may use comparable company analysis to evaluate Cleveland Cliffs' net worth. This involves comparing Cleveland Cliffs' financial metrics to similar companies in the same industry. By identifying companies with similar financial characteristics, investors can gain insight into Cleveland Cliffs' net worth relative to its peers.

Enterprise Value

253.11 Million

To determine if Cleveland Cliffs is a good investment, evaluating the company's potential for future growth is also very important. This may include expanding into new markets, launching new products or services, or improving operational efficiency. Companies with strong growth prospects can be more attractive investments. This aspect of the research should be conducted in the context of the overall market and industry in which the company operates and should include an analysis of growth potential, competitive landscape, and any regulatory or economic factors that could impact the business. Some of the essential points regarding Cleveland Cliffs' net worth research are outlined below:
Cleveland Cliffs is way too risky over 90 days horizon
Cleveland Cliffs appears to be risky and price may revert if volatility continues
The company reported the last year's revenue of 19.18 B. Reported Net Loss for the year was (708 M) with loss before taxes, overhead, and interest of (606 M).
Cleveland Cliffs has a poor financial position based on the latest SEC disclosures
About 74.0% of the company shares are held by institutions such as insurance companies
Latest headline from prnewswire.com: Rosen Law Firm Encourages Cleveland-Cliffs Inc. Investors to Inquire About Securities Class Action Investigation - CLF
Cleveland Cliffs uses earnings reports to provide investors with an update of all three financial statements, including the income statement, the balance sheet, and the cash flow statement. Therefore, it is also crucial when considering investing in Cleveland Cliffs. Every quarterly earnings report provides investors with an overview of sales, expenses, and net income for the most recent period. It also may provide a comparison to Cleveland Cliffs' previous reporting period. The quarterly earnings reports are usually disseminated to the public via Form 10-Q, which is a legal document filed with the Securities and Exchange Commission every quarter.
29th of January 2024
Upcoming Quarterly Report
View
22nd of April 2024
Next Financial Report
View
31st of December 2023
Next Fiscal Quarter End
View
29th of January 2024
Next Fiscal Year End
View
30th of September 2023
Last Quarter Report
View
31st of December 2022
Last Financial Announcement
View

Cleveland Cliffs Target Price Consensus

Cleveland target price is determined by taking all analyst projections and averaging them out. There is no one specific way to measure analysts' performance other than comparing it to past results via a very sophisticated attribution analysis. Cleveland Cliffs' target price projections below should be used in combination with other traditional price prediction techniques such as stock price forecasting, investor sentiment analysis, technical analysis, earnings estimate, and various momentum models.
   12  Buy
Most Cleveland analysts issue ratings four times a year, at intervals of three months. Ratings are usually accompanied by a target price to help potential investors understand Cleveland stock's fair price compared to its market value. Analysts arrive at stock ratings after researching the public financial statements of Cleveland Cliffs, talking to its executives and customers, or listening to those companies' conference calls.
Macroaxis Advice   Exposure   Valuation

Cleveland Cliffs Target Price Projection

Cleveland Cliffs' current and average target prices are 9.14 and 9.69, respectively. The current price of Cleveland Cliffs is the price at which Cleveland Cliffs is currently trading. On the other hand, Cleveland Cliffs' target price is what analysts think the stock is worth or could sell for in the future. The more significant the discrepancy between the two prices, the more it stimulates investors to act.

Current Price

Cleveland Cliffs Market Quote on 18th of July 2025

Low Price8.69Odds
High Price9.21Odds

9.14

Target Price

Analyst Consensus On Cleveland Cliffs Target Price

Low Estimate8.81Odds
High Estimate10.75Odds

9.686

Historical Lowest Forecast  8.81 Target Price  9.69 Highest Forecast  10.75
Note that most analysts generally publish their price targets in research reports on specific companies, along with recommendations for the company's stock.Although price targets are often quoted in the financial news media, there could be a delay between the publication of the latest analyst outlook on Cleveland Cliffs and the information provided on this page.

Know Cleveland Cliffs' Top Institutional Investors

Have you ever been surprised when a price of an equity instrument such as Cleveland Cliffs is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading Cleveland Cliffs backward and forwards among themselves. Cleveland Cliffs' institutional investor refers to the entity that pools money to purchase Cleveland Cliffs' securities or originate loans. Institutional investors include commercial and private banks, credit unions, insurance companies, pension funds, hedge funds, endowments, and mutual funds. Operating companies that invest excess capital in these types of assets may also be included in the term and may influence corporate governance by exercising voting rights in their investments.
Shares
Ubs Group Ag2025-03-31
4.8 M
Charles Schwab Investment Management Inc2025-03-31
4.6 M
Bank Of America Corp2025-03-31
4.5 M
Drexel Morgan & Company, Llc2025-03-31
4.4 M
Deutsche Bank Ag2025-03-31
4.1 M
Northern Trust Corp2025-03-31
M
Millennium Management Llc2025-03-31
3.9 M
Neuberger Berman Group Llc2025-03-31
3.9 M
Susquehanna International Group, Llp2025-03-31
3.8 M
Blackrock Inc2025-03-31
48.4 M
Vanguard Group Inc2025-03-31
48 M
Note, although Cleveland Cliffs' institutional investors appear to be way more sophisticated than retail investors, it remains unclear if professional active investment managers can reliably enhance risk-adjusted returns by an amount that exceeds fees and expenses.

Follow Cleveland Cliffs' market capitalization trends

The company currently falls under 'Mid-Cap' category with a total capitalization of 4.64 B.

Market Cap

267.04 Million

Project Cleveland Cliffs' profitablity

Last ReportedProjected for Next Year
Return On Tangible Assets(0.05)(0.04)
Return On Capital Employed(0.04)(0.04)
Return On Assets(0.04)(0.03)
Return On Equity(0.11)(0.11)
The company has Net Profit Margin of (0.06) %, which means that it does not effectively control expenditures or properly executes on its pricing strategies. This is way below average. In the same way, it shows Net Operating Margin of (0.1) %, which entails that for every $100 of revenue, it lost $0.1.
When accessing Cleveland Cliffs' net worth, it's important to look at multiple sources and consider different scenarios. For example, gross profit margin measures Cleveland Cliffs' profitability after accounting for the cost of goods sold, while net profit margin measures profitability after accounting for all expenses. Other important metrics include return on assets, return on equity, and free cash flow. By reviewing multiple sources and metrics, you can gain a complete picture of Cleveland Cliffs' profitability and make more informed investment decisions.

Evaluate Cleveland Cliffs' management efficiency

Cleveland Cliffs has Return on Asset of (0.0304) % which means that on every $100 spent on assets, it lost $0.0304. This is way below average. In the same way, it shows a return on shareholders' equity (ROE) of (0.1634) %, meaning that it generated no profit with money invested by stockholders. Cleveland Cliffs' management efficiency ratios could be used to measure how well Cleveland Cliffs manages its routine affairs as well as how well it operates its assets and liabilities. The Cleveland Cliffs' current Return On Tangible Assets is estimated to increase to -0.04. The Cleveland Cliffs' current Return On Capital Employed is estimated to increase to -0.04. At this time, Cleveland Cliffs' Non Currrent Assets Other are most likely to increase significantly in the upcoming years. The Cleveland Cliffs' current Total Current Assets is estimated to increase to about 7.3 B, while Return On Tangible Assets are forecasted to increase to (0.04).
Last ReportedProjected for Next Year
Book Value Per Share 14.37  15.09 
Tangible Book Value Per Share 5.23  6.04 
Enterprise Value Over EBITDA 30.48  32.01 
Price Book Value Ratio 0.68  1.18 
Enterprise Value Multiple 30.48  32.01 
Price Fair Value 0.68  1.18 
Enterprise Value174.6 M253.1 M
The decision-making processes within Cleveland Cliffs are key to its success in a competitive market. By evaluating these processes, we assess the stock's potential for future gains.
Enterprise Value Revenue
0.6574
Revenue
18.6 B
Quarterly Revenue Growth
(0.11)
Revenue Per Share
38.721
Return On Equity
(0.16)
Some recent studies suggest that insider trading raises the cost of capital for securities issuers and decreases overall economic growth. Trading by specific Cleveland Cliffs insiders, such as employees or executives, is commonly permitted as long as it does not rely on Cleveland Cliffs' material information that is not in the public domain. Local jurisdictions usually require such trading to be reported in order to monitor insider transactions. In many U.S. states, trading conducted by corporate officers, key employees, directors, or significant shareholders must be reported to the regulator or publicly disclosed, usually within a few business days of the trade. In these cases Cleveland Cliffs insiders are required to file a Form 4 with the U.S. Securities and Exchange Commission (SEC) when buying or selling shares of their own companies.
 
Traci Forrester over a month ago
Acquisition by Traci Forrester of 28991 shares of Cleveland Cliffs subject to Rule 16b-3
 
James Graham over a month ago
Disposition of 120000 shares by James Graham of Cleveland Cliffs at 6.8503 subject to Rule 16b-3
 
Lourenco Goncalves over a month ago
Disposition of 187136 shares by Lourenco Goncalves of Cleveland Cliffs at 7.7 subject to Rule 16b-3
 
John Baldwin over three months ago
Acquisition by John Baldwin of 4000 shares of Cleveland Cliffs at 8.7 subject to Rule 16b-3
 
Oren Ben over three months ago
Acquisition by Oren Ben of 7467 shares of Cleveland Cliffs subject to Rule 16b-3
 
Kimberly Floriani over three months ago
Acquisition by Kimberly Floriani of 4441 shares of Cleveland Cliffs subject to Rule 16b-3
 
Bloom Ron A. over six months ago
Acquisition by Bloom Ron A. of 4255 shares of Cleveland Cliffs at 9.4 subject to Rule 16b-3
 
Bloom Ron A. over six months ago
Disposition of 1554 shares by Bloom Ron A. of Cleveland Cliffs at 11.7651 subject to Rule 16b-3
 
Lourenco Goncalves over six months ago
Acquisition by Lourenco Goncalves of 137670 shares of Cleveland Cliffs subject to Rule 16b-3
 
John Baldwin over six months ago
Acquisition by John Baldwin of 8000 shares of Cleveland Cliffs at 14.53 subject to Rule 16b-3
 
John Baldwin over a year ago
Acquisition by John Baldwin of 7500 shares of Cleveland Cliffs at 14.7029 subject to Rule 16b-3
 
James Graham over a year ago
Disposition of 24154 shares by James Graham of Cleveland Cliffs at 20.19 subject to Rule 16b-3

Cleveland Cliffs Corporate Filings

F4
3rd of July 2025
The report filed by a party regarding the acquisition or disposition of a company's common stock, as well as derivative securities such as options, warrants, and convertible securities
ViewVerify
30th of May 2025
Other Reports
ViewVerify
8K
21st of May 2025
Report filed with the SEC to announce major events that shareholders should know about
ViewVerify
10Q
8th of May 2025
Quarterly performance report mandated by Securities and Exchange Commission (SEC), to be filed by publicly traded corporations
ViewVerify
Cleveland Cliffs time-series forecasting models is one of many Cleveland Cliffs' stock analysis techniques aimed to predict future share value based on previously observed values. Time-series forecasting models ae widely used for non-stationary data. Non-stationary data are called the data whose statistical properties e.g. the mean and standard deviation are not constant over time but instead, these metrics vary over time. These non-stationary Cleveland Cliffs' historical data is usually called time-series. Some empirical experimentation suggests that the statistical forecasting models outperform the models based exclusively on fundamental analysis to predict the direction of the market movement and maximize returns from investment trading.

Cleveland Cliffs Earnings Estimation Breakdown

The calculation of Cleveland Cliffs' earning per share is based on the data from the past 12 consecutive months, used for reporting the company's financial figures. The next projected EPS of Cleveland Cliffs is estimated to be -0.490625 with the future projection ranging from a low of -0.55 to a high of -0.46. Please be aware that this consensus of annual earnings estimates for Cleveland Cliffs is based on EPS before non-recurring items and includes expenses related to employee stock options.
Last Reported EPS
0.0
-0.55
Lowest
Expected EPS
-0.490625
-0.46
Highest

Cleveland Cliffs Earnings Projection Consensus

Suppose the current estimates of Cleveland Cliffs' value are higher than the current market price of the Cleveland Cliffs stock. In this case, investors may conclude that Cleveland Cliffs is overpriced and will exhibit bullish sentiment. On the other hand, if the present value is lower than the stock price, analysts may conclude that the market undervalues the equity. These scenarios may suggest that the market is not as efficient as it should be at the estimation time, and Cleveland Cliffs' stock will quickly adjusts to the new information provided by the consensus estimate.
Number of AnalystsHistorical AccuracyLast Reported EPSEstimated EPS for 31st of December 2025Current EPS (TTM)
1265.35%
0.0
-0.490625
-2.43

Cleveland Cliffs Earnings per Share Projection vs Actual

Actual Earning per Share of Cleveland Cliffs refers to what the company shows during its earnings calls or quarterly reports. The Expected EPS is what analysts covering Cleveland Cliffs predict the company's earnings will be in the future. The higher the earnings per share of Cleveland Cliffs, the better is its profitability. While calculating the Earning per Share, we use the weighted ratio, as the number of shares outstanding can change over time.

Cleveland Cliffs Estimated Months Earnings per Share

For an investor who is primarily interested in generating an income out of investing in entities such as Cleveland Cliffs, the EPS ratio can tell if the company is intending to increase its current dividend. Although EPS is an essential tool for investors, it should not be used in isolation. EPS of Cleveland Cliffs should always be considered in relation to other companies to make a more educated investment decision.

Cleveland Quarterly Analyst Estimates and Surprise Metrics

Earnings surprises can significantly impact Cleveland Cliffs' stock price both in the short term and over time. Negative earnings surprises usually result in a price decline. However, it has been seen that positive earnings surprises lead to an immediate rise in a stock's price and a gradual increase over time. This is why we often hear news about some companies beating earning projections. Financial analysts spend a large amount of time predicting earnings per share (EPS) along with other important future indicators. Many analysts use forecasting models, management guidance, and additional fundamental information to derive an EPS estimate.
Reported
Fiscal Date
Estimated EPS
Reported EPS
Surprise
null
nullnullnullnull
null
nullnullnullnull
2025-04-21
2025-03-31-0.83-0.92-0.0910 
2025-01-27
2024-12-31-0.6733-0.68-0.0067
2024-10-21
2024-09-30-0.23-0.52-0.29126 
2024-07-22
2024-06-30-0.020.00420.0242121 
2024-04-22
2024-03-310.220.18-0.0418 
2024-01-29
2023-12-31-0.06-0.050.0116 
2023-10-23
2023-09-300.430.520.0920 
2023-07-24
2023-06-300.690.67-0.02
2023-04-24
2023-03-31-0.19-0.110.0842 
2023-02-13
2022-12-31-0.3-0.41-0.1136 
2022-10-25
2022-09-300.550.29-0.2647 
2022-07-22
2022-06-301.321.13-0.1914 
2022-04-22
2022-03-311.411.50.09
2022-02-11
2021-12-312.121.69-0.4320 
2021-10-22
2021-09-302.262.330.07
2021-07-22
2021-06-301.521.32-0.213 
2021-04-22
2021-03-310.330.19-0.1442 
2021-02-25
2020-12-310.220.04-0.1881 
2020-10-23
2020-09-30-0.09-0.030.0666 
2020-07-30
2020-06-30-0.5-0.280.2244 
2020-05-11
2020-03-31-0.16-0.19-0.0318 
2020-02-20
2019-12-310.240.250.01
2019-10-23
2019-09-300.240.330.0937 
2019-07-19
2019-06-300.520.570.05
2019-04-25
2019-03-31-0.14-0.070.0750 
2019-02-08
2018-12-310.61.981.38230 
2018-10-19
2018-09-300.660.64-0.02
2018-07-20
2018-06-300.520.550.03
2018-04-20
2018-03-31-0.22-0.210.01
2018-01-25
2017-12-310.170.230.0635 
2017-10-20
2017-09-300.320.18-0.1443 
2017-07-27
2017-06-300.170.11-0.0635 
2017-04-27
2017-03-310.17-0.11-0.28164 
2017-02-09
2016-12-310.230.340.1147 
2016-10-27
2016-09-300.17-0.12-0.29170 
2016-07-28
2016-06-300.020.070.05250 
2016-04-28
2016-03-31-0.1-0.33-0.23230 
2016-01-27
2015-12-31-0.26-0.140.1246 
2015-10-29
2015-09-30-0.23-0.35-0.1252 
2015-07-29
2015-06-30-0.11-0.21-0.190 
2015-04-28
2015-03-31-0.190.020.21110 
2015-02-02
2014-12-310.141.00.86614 
2014-10-27
2014-09-30-0.04-0.23-0.19475 
2014-07-23
2014-06-30-0.08-0.010.0787 
2014-04-24
2014-03-31-0.24-0.54-0.3125 
2014-02-13
2013-12-310.780.2-0.5874 
2013-10-24
2013-09-300.710.66-0.05
2013-07-25
2013-06-300.591.140.5593 
2013-04-24
2013-03-310.340.60.2676 
2013-02-12
2012-12-310.530.41-0.1222 
2012-10-24
2012-09-301.050.61-0.4441 
2012-07-25
2012-06-301.771.63-0.14
2012-04-25
2012-03-311.10.85-0.2522 
2012-02-15
2011-12-311.521.42-0.1
2011-10-27
2011-09-303.684.070.3910 
2011-07-27
2011-06-303.712.92-0.7921 
2011-04-28
2011-03-312.223.110.8940 
2011-02-16
2010-12-312.162.820.6630 
2010-10-28
2010-09-302.582.18-0.415 
2010-07-28
2010-06-302.061.92-0.14
2010-04-28
2010-03-310.520.550.03
2010-02-17
2009-12-310.390.750.3692 
2009-10-29
2009-09-30-0.030.450.481600 
2009-07-29
2009-06-30-0.33-0.080.2575 
2009-04-29
2009-03-31-0.14-0.070.0750 
2009-02-25
2008-12-311.231.710.4839 
2008-10-29
2008-09-302.272.13-0.14
2008-07-30
2008-06-301.992.570.5829 
2008-05-05
2008-03-310.50.16-0.3468 
2008-02-21
2007-12-310.830.890.06
2007-11-01
2007-09-300.760.54-0.2228 
2007-07-26
2007-06-300.840.83-0.01
2007-06-08
2007-03-310.420.31-0.1126 
2007-02-21
2006-12-310.760.80.04
2006-10-25
2006-09-300.860.84-0.02
2006-07-26
2006-06-300.670.770.114 
2006-04-26
2006-03-310.260.340.0830 
2006-02-15
2005-12-310.690.70.01
2005-10-26
2005-09-300.70.770.0710 
2005-07-27
2005-06-300.780.90.1215 
2005-04-27
2005-03-310.260.21-0.0519 
2005-02-16
2004-12-310.330.26-0.0721 
2004-10-27
2004-09-300.380.34-0.0410 
2004-07-28
2004-06-300.240.30.0625 
2004-04-28
2004-03-310.06-0.0201-0.0801133 
2004-02-04
2003-12-31-0.17-0.130.0423 
2003-07-30
2003-06-30-0.11-0.26-0.15136 
2003-04-23
2003-03-31-0.040.030.07175 
2003-01-29
2002-12-310.050.060.0120 
2002-10-23
2002-09-300.060.04-0.0233 
2002-07-24
2002-06-30-0.040.010.05125 
2002-04-24
2002-03-31-0.06-0.16-0.1166 
2002-01-30
2001-12-31-0.1-0.070.0330 
2001-10-24
2001-09-30-0.06-0.020.0466 
2001-07-25
2001-06-300.01-0.19-0.22000 
2001-04-25
2001-03-31-0.04-0.12-0.08200 
2001-01-31
2000-12-31-0.020.05320.0732366 
2000-10-25
2000-09-300.070.080.0114 
2000-07-26
2000-06-300.080.090.0112 
2000-04-19
2000-03-31-0.03-0.04-0.0133 
2000-01-20
1999-12-310.010.060.05500 
1999-10-20
1999-09-300.09-0.12-0.21233 
1999-07-21
1999-06-300.110.09-0.0218 
1999-04-21
1999-03-31-0.010.030.04400 
1999-01-21
1998-12-310.170.220.0529 
1998-10-21
1998-09-300.210.220.01
1998-07-22
1998-06-300.180.190.01
1998-04-20
1998-03-310.020.01-0.0150 
1998-01-23
1997-12-310.190.190.0
1997-10-23
1997-09-300.190.17-0.0210 
1997-07-22
1997-06-300.170.11-0.0635 
1997-04-17
1997-03-310.030.030.0
1997-01-21
1996-12-310.20.20.0
1996-10-22
1996-09-300.210.230.02
1996-07-18
1996-06-300.170.180.01
1996-04-17
1996-03-310.050.04-0.0120 
1996-01-25
1995-12-310.180.190.01

Cleveland Cliffs Corporate Directors

Eric RychelIndependent DirectorProfile
Susan GreenIndependent DirectorProfile
William GerberIndependent DirectorProfile
John BaldwinIndependent DirectorProfile
When determining whether Cleveland Cliffs is a strong investment it is important to analyze Cleveland Cliffs' competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Cleveland Cliffs' future performance. For an informed investment choice regarding Cleveland Stock, refer to the following important reports:
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Cleveland Cliffs. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of economic analysis.
For more detail on how to invest in Cleveland Stock please use our How to Invest in Cleveland Cliffs guide.
You can also try the Equity Analysis module to research over 250,000 global equities including funds, stocks and ETFs to find investment opportunities.
Is Metals & Mining space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Cleveland Cliffs. If investors know Cleveland will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Cleveland Cliffs listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
(0.99)
Earnings Share
(2.43)
Revenue Per Share
38.721
Quarterly Revenue Growth
(0.11)
Return On Assets
(0.03)
The market value of Cleveland Cliffs is measured differently than its book value, which is the value of Cleveland that is recorded on the company's balance sheet. Investors also form their own opinion of Cleveland Cliffs' value that differs from its market value or its book value, called intrinsic value, which is Cleveland Cliffs' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Cleveland Cliffs' market value can be influenced by many factors that don't directly affect Cleveland Cliffs' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Cleveland Cliffs' value and its price as these two are different measures arrived at by different means. Investors typically determine if Cleveland Cliffs is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Cleveland Cliffs' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.