What is Seaport Res Ptn’s Forecast for CLF Q1 Earnings?

Cleveland-Cliffs Inc. (NYSE:CLF) – Investment analysts at Seaport Res Ptn issued their Q1 2026 earnings per share (EPS) estimates for Cleveland-Cliffs in a note issued to investors on Tuesday, March 11th. Seaport Res Ptn analyst M. Englert expects that the mining company will post earnings per share of $0.25 for the quarter. The consensus estimate for Cleveland-Cliffs’ current full-year earnings is ($0.79) per share. Seaport Res Ptn also issued estimates for Cleveland-Cliffs’ Q3 2026 earnings at $0.26 EPS and Q4 2026 earnings at $0.22 EPS.

A number of other analysts also recently weighed in on the stock. B. Riley reissued a “buy” rating on shares of Cleveland-Cliffs in a research report on Tuesday, February 4th. The Goldman Sachs Group dropped their target price on shares of Cleveland-Cliffs from $17.00 to $15.00 and set a “buy” rating on the stock in a report on Tuesday, March 4th. Glj Research dropped their price objective on Cleveland-Cliffs from $14.54 to $12.90 and set a “buy” rating on the stock in a research note on Thursday, February 27th. Citigroup lowered their target price on Cleveland-Cliffs from $12.50 to $11.00 and set a “neutral” rating for the company in a report on Thursday, December 19th. Finally, Morgan Stanley dropped their price objective on shares of Cleveland-Cliffs from $13.00 to $11.00 and set an “equal weight” rating on the stock in a report on Monday, February 3rd. Two investment analysts have rated the stock with a sell rating, four have assigned a hold rating, four have given a buy rating and one has issued a strong buy rating to the stock. According to data from MarketBeat.com, the company has a consensus rating of “Hold” and an average target price of $16.43.

Cleveland-Cliffs Trading Up 8.6 %

NYSE CLF opened at $9.80 on Thursday. Cleveland-Cliffs has a 12 month low of $8.50 and a 12 month high of $22.97. The company has a current ratio of 1.85, a quick ratio of 0.55 and a debt-to-equity ratio of 0.53. The firm has a market capitalization of $4.84 billion, a PE ratio of -10.10 and a beta of 1.94. The business’s 50-day moving average price is $10.37 and its two-hundred day moving average price is $11.47.

Cleveland-Cliffs (NYSE:CLF) last issued its quarterly earnings results on Monday, February 24th. The mining company reported ($0.68) EPS for the quarter, missing analysts’ consensus estimates of ($0.65) by ($0.03). The business had revenue of $4.33 billion for the quarter, compared to analyst estimates of $4.46 billion. Cleveland-Cliffs had a negative return on equity of 0.59% and a negative net margin of 2.31%.

Insider Activity

In other news, EVP Keith Koci purchased 9,500 shares of the company’s stock in a transaction dated Friday, February 28th. The shares were purchased at an average price of $10.81 per share, with a total value of $102,695.00. Following the transaction, the executive vice president now directly owns 543,475 shares of the company’s stock, valued at approximately $5,874,964.75. This represents a 1.78 % increase in their ownership of the stock. The purchase was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Also, Director Jane M. Cronin bought 10,000 shares of the business’s stock in a transaction on Friday, February 28th. The shares were acquired at an average price of $10.56 per share, with a total value of $105,600.00. Following the transaction, the director now directly owns 24,522 shares of the company’s stock, valued at approximately $258,952.32. This trade represents a 68.86 % increase in their ownership of the stock. The disclosure for this purchase can be found here. Insiders acquired a total of 23,500 shares of company stock valued at $243,095 in the last ninety days. 1.76% of the stock is currently owned by insiders.

Institutional Inflows and Outflows

Institutional investors have recently made changes to their positions in the company. Jefferies Financial Group Inc. increased its stake in Cleveland-Cliffs by 1,151.4% in the 4th quarter. Jefferies Financial Group Inc. now owns 150,037 shares of the mining company’s stock worth $1,410,000 after acquiring an additional 138,047 shares during the last quarter. Pinnacle Wealth Planning Services Inc. purchased a new stake in Cleveland-Cliffs in the fourth quarter valued at approximately $407,000. Toronto Dominion Bank lifted its position in Cleveland-Cliffs by 9,170.9% during the fourth quarter. Toronto Dominion Bank now owns 69,995 shares of the mining company’s stock valued at $658,000 after purchasing an additional 69,240 shares during the last quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC grew its stake in Cleveland-Cliffs by 22.9% in the 4th quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 1,298,868 shares of the mining company’s stock worth $12,209,000 after buying an additional 242,386 shares in the last quarter. Finally, Wexford Capital LP grew its stake in Cleveland-Cliffs by 1,212.0% in the 4th quarter. Wexford Capital LP now owns 1,018,950 shares of the mining company’s stock worth $9,578,000 after buying an additional 941,284 shares in the last quarter. Institutional investors own 67.68% of the company’s stock.

Cleveland-Cliffs Company Profile

Cleveland-Cliffs is the largest flat-rolled steel company and the largest iron ore pellet producer in North America. The company is vertically integrated from mining through iron making, steelmaking, rolling, finishing and downstream with hot and cold stamping of steel parts and components. The company was formerly known as Cliffs Natural Resources Inc and changed its name to Cleveland-Cliffs Inc in August 2017.