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 $6.99, down 4.25% from the previous day, and has decreased 66.47% in one year. It has underperformed other stocks in the Steel industry by 0.43 percentage points. Cleveland Cliffs stock is currently +13.25% from its 52-week low of $6.17, and -65.12% from its 52-week high of $20.04.
As of Apr 21, 2025, there are 494.48M CLF shares outstanding. The market cap of CLF is $3.46B. In the last 24 hours, 12.39M 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.
Our recommended brokerage: eToro
Based on our research, eToro is the best stock brokerage. eToro gives you:
- You can invest in stocks with 0% commissions: Invest without commissions.
- Buy fractional shares: Even if you don't have the money to buy a full share, you can still purchase the stock.
- Access to world markets: From Technology to Energy, New York to London (for US users, only US stocks are available) — you can fill your portfolio with stocks from the world's top stock exchanges.
- Social investing: eToro offers a community of more than 20 million users worldwide. Talk to, learn from, and copy the unique crypto portfolios of top investors.
- Security: eToro is a regulated and licensed fintech leader.
- Buy other assets: Such as ETFs and cryptocurrencies.
Get $10 towards your share purchase by signing up for an account with eToro now. This offer is only for US users.
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.
- Send your data by clicking the "Create Account" button. Get started with eToro today
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 0.52x, relative to Steel industry P/B ratio of 0.74x
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 5 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.
You can dive deeper into what analysts are saying on the Cleveland Cliffs stock forecast page.
CLF Momentum
CLF Performance Metrics
Last year, CLF revenue was $19.19B. Over the past five year, CLF's revenue has grown by 57.33% per year. This was faster than the Steel industry average of 4.91%.
Learn more about CLF's earnings and revenue performance here.
Are CLF executives and large shareholders buying or selling the stock?
In the last 12 months, executives and large shareholders at CLF have bought more shares than they have sold.
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.
Learn more about who owns CLF shares here.
Can I rely on CLF as an income stream?
No, Cleveland Cliffs doesn't provide an income stream by paying out dividends.
Get opinions from other investors
One of the biggest reasons eToro is our favorite brokerage is because of its social trading community.
Click below to find out what other investors have to say.
Step 5: Place your CLF trade
There are two main options:
- 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 fine for most investors. - Limit order: A limit order allows you to buy or sell a security at a specific price (or better).
If you want to ensure you're buying or selling at a specific price, place a limit order.
Press the Open Trade button and your broker will execute your order.
If you require more assistance buying stocks on eToro, watch the how to video below:
Step 6: Get updates on your investment in CLF
Now that you own some shares in CLF, you'll want to keep up with your investment.
Put CLF on a watchlist to keep tabs on your CLF stock.
CLF Feed
How to Buy Stock in Cleveland Cliffs
To summarize, here are the 6 steps you need to take to buy Cleveland Cliffs stock right now:
- 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 require a place to buy stocks, eToro is our recommended venue.
Get Started with eToro TodayIf you would like to track your new investment in Cleveland Cliffs, click below.
Trending Stock Buying Guides
FAQ
Company
AboutNewsBlogStock Investing FAQPlansPrivacy PolicyTerms of ServiceCancellation & RefundsPerformanceHelp GuidesContactTwitterYouTubeNewsletterInformation is provided 'as-is' and solely for informational purposes and is not advice. WallStreetZen does not bear any responsibility for any losses or damage that may occur as a result of reliance on this data.