Cliffs Natural Resources has a 5 year average dividend yield of 3.05% The 5 year historical dividend growth of Cliffs Natural Resources (CLF) is at the rate of -36.79% while the R-Squared dividend growth is 0.51. If the value of R-Square is close to one, it indicates a perfect fit and the higher value conforms to the regression line while data close to zero indicates the opposite.
Cliffs Natural Resources Inc. (NYSE:CLF) witnessed a decline in the market cap on Thursday as its shares dropped 2.11% or 0.25 points. After the session commenced at $11.92, the stock reached the higher end at $11.98 while it hit a low of $11.4. With the volume soaring to 25,662,612 shares, the last trade was called at $11.58. The company has a 52-week high of $12.37. The company has a market cap of $2,699 million and there are 233,074,090 shares in outstanding. The 52-week low of the share price is $1.72. Shares of Cliffs Natural Resources Inc. rose by 1.85% in the last five trading days and 22.8% for the last 4 weeks. Cliffs Natural Resources Inc. is up 53.78% in the last 3-month period. Year-to-Date the stock performance stands at 37.69%.
Currently the company Insiders own 4.52% of Cliffs Natural Resources Inc. shares according to the proxy statements. Institutional Investors own 58.73% of Cliffs Natural Resources Inc. shares. During last six month period, the net percent change held by insiders has seen a change of 9.43%. Company has reported several Insider transactions to the SEC, on Nov 4, 2016, Robert P Jr Fisher (director) purchased 4,000 shares at 5.66 per share price.On Nov 3, 2016, Eric M Rychel (director) purchased 5,000 shares at 5.55 per share price.On Nov 2, 2016, Susan Miranda Green (director) purchased 1,770 shares at 5.65 per share price.
Cliffs Natural Resources Inc Last issued its quarterly earnings results on Feb 9, 2017. The company reported $0.42 EPS for the quarter, beating the analyst consensus estimate by $ 0.16. Analyst had a consensus of $0.26. The company had revenue of $754.00 million for the quarter, compared to analysts expectations of $668.21 million. The companys revenue was up 58.4% compared to the same quarter last year. During the same quarter in the previous year, the company posted $-0.39 EPS.
CLIFFS NATURAL RESOURCES INC, formerly Cleveland-Cliffs Inc, is an international mining company, a producer of iron ore pellets in North America and a supplier of metallurgical coal to the global steelmaking industry. It operates six iron ore mines in Michigan, Minnesota and Eastern Canada, and three coking coal mines in West Virginia and Alabama. Cliffs also owns 80.4% of Portman, an iron ore mining company in Australia, serving the Asian iron ore markets with direct-shipping fines and lump ore. In addition, it has a 30% interest in the Amapa Project, a Brazilian iron ore project, and a 45% economic interest in the Sonoma Project, an Australian coking and thermal coal project.