Lourenco Goncalves - Cleveland Cliffs Chairman
| CLF Stock | USD 20.83 0.38 1.79% |
Chairman
Mr. Lourenco Celso Goncalves is Chairman of the Board, President, Chief Executive Officer of the Company. Mr. Goncalves was Chairman, President and Chief Executive Officer of Metals USA Holdings Corporationration, an American manufacturer and processor of steel and other metals from May 2006 through April 2013 President, Chief Executive Officer and a director of Metals USA Inc. from February 2003 through April 2006. Prior to Metals USA, Mr. Goncalves served as President and Chief Executive Officer of California Steel Industries, Inc. from March 1998 to February 2003. Mr. Goncalves earned a Bachelor degree in Metallurgical Engineering from the Military Institute of Engineering in Rio de Janeiro, Brazil and a Masters of Science degree in Metallurgical Engineering from the Federal University of Minas Gerais in Belo Horizonte, Brazil. Mr. Goncalves was most recently recognized as a Distinguished Member and Fellow by the Association for Iron Steel Technology. since 2014.
| Age | 66 |
| Tenure | 10 years |
| Address | 200 Public Square, Cleveland, OH, United States, 44114-2315 |
| Phone | 216 694 5700 |
| Web | https://www.clevelandcliffs.com |
Latest Insider Transactions
Goncalves earned a Masters of Science degree in Metallurgical Engineering from the Federal University of Minas Gerais in Belo Horizonte, Brazil and a Bachelor degree in Metallurgical Engineering from the Military Institute of Engineering in Rio de Janeiro, Brazil. Chairman of the Board, President and Chief Executive Officer of the Company since August 2014; chairman, president and chief executive officer of Metals USA Holdings Corporationrationration, an American manufacturer and processor of steel and other metals from May 2006 through April 2013; president, chief executive officer and a director of Metals USA Inc. from February 2003 through April 2006. Prior to Metals USA, Mr. Goncalves served as president and chief executive officer of California Steel Industries, Inc. from March 1998 to February 2003.Lourenco Goncalves Latest Insider Activity
Tracking and analyzing the buying and selling activities of Lourenco Goncalves against Cleveland Cliffs stock is an integral part of due diligence when investing in Cleveland Cliffs. Lourenco Goncalves insider activity provides valuable insight into whether Cleveland Cliffs is net buyers or sellers over its current business cycle. Note, Cleveland Cliffs insiders must abide by specific rules, including filing SEC forms every time they buy or sell Cleveland Cliffs'shares to prevent insider trading or benefiting illegally from material non-public information that their positions give them access to.
Lourenco Goncalves over a month ago Acquisition by Lourenco Goncalves of 229851 shares of Cleveland Cliffs subject to Rule 16b-3 |
Cleveland Cliffs Management Efficiency
The company has Return on Asset of 0.0329 % which means that on every $100 spent on assets, it made $0.0329 of profit. This is way below average. In the same way, it shows a return on shareholders' equity (ROE) of 0.0556 %, implying that it generated $0.0556 on every 100 dollars invested. 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. At this time, Cleveland Cliffs' Return On Assets are most likely to increase slightly in the upcoming years. At this time, Cleveland Cliffs' Total Current Assets are most likely to increase significantly in the upcoming years. The Cleveland Cliffs' current Other Assets is estimated to increase to about 1.4 B, while Other Current Assets are projected to decrease to roughly 98.4 M.Similar Executives
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Management Performance
| Return On Equity | 0.0556 | ||||
| Return On Asset | 0.0329 |
Cleveland Cliffs Leadership Team
Elected by the shareholders, the Cleveland Cliffs' board of directors comprises two types of representatives: Cleveland Cliffs inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Cleveland. The board's role is to monitor Cleveland Cliffs' management team and ensure that shareholders' interests are well served. Cleveland Cliffs' inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, Cleveland Cliffs' outside directors are responsible for providing unbiased perspectives on the board's policies.
| Ann Harlan, Director | ||
| Maurice Harapiak, Executive Vice President - Human Resources, Chief Administrative Officer | ||
| Kimberly Floriani, Chief Accounting Officer, Vice President Corporate Controller | ||
| David Webb, Executive VP of Global Coal | ||
| Lourenco Goncalves, Chairman, CEO and President and Chairman of Strategy Committee | ||
| Eric Rychel, Independent Director | ||
| Terry Fedor, Executive Vice President, Chief Operating Officer, Steel Mills | ||
| James Graham, Executive Vice President, Secretary, Chief Legal Officer | ||
| Susan Green, Independent Director | ||
| Kelly Tompkins, CFO and Executive VP | ||
| William Gerber, Independent Director | ||
| Keith Koci, Executive Vice President, President - Cleveland-Cliffs Services | ||
| Wendell Carter, Executive Technology | ||
| M Harlan, Independent Director | ||
| John Baldwin, Independent Director | ||
| Janet Miller, Independent Director | ||
| Robert Fisher, Independent Director | ||
| Christopher Cebula, Chief Accounting Officer, Vice President Corporate Controller | ||
| James Sawyer, Director | ||
| Joseph Rutkowski, Independent Director | ||
| Arlene Yocum, Independent Director | ||
| R Cebula, Senior Vice President, Chief Administrative Officer - Steel Mills | ||
| Timothy Flanagan, Chief Accounting Officer, VP and Corporate Controller | ||
| William Boor, Senior Vice President - Global Ferroalloys | ||
| Terrence Mee, Senior Vice President - Global Iron Ore and Metallic Sales | ||
| Douglas Taylor, Lead Independent Director | ||
| Traci Forrester, Executive Vice President - Environmental and Sustainability | ||
| Paul Finan, IR Contact Officer | ||
| Clifford Smith, Executive Vice President, President - Cleveland-Cliffs Steel | ||
| Jessica Moran, Director - Investor Relations | ||
| Patricia Persico, Director Communications | ||
| Gabriel Stoliar, Independent Director | ||
| Ralph Michael, Independent Director | ||
| Michael Siegal, Independent Director | ||
| Celso Goncalves, Chief Financial Officer, Executive Vice President |
Cleveland Stock Performance Indicators
The ability to make a profit is the ultimate goal of any investor. But to identify the right stock is not an easy task. Is Cleveland Cliffs a good investment? Although profit is still the single most important financial element of any organization, multiple performance indicators can help investors identify the equity that they will appreciate over time.
| Return On Equity | 0.0556 | ||||
| Return On Asset | 0.0329 | ||||
| Profit Margin | 0.02 % | ||||
| Operating Margin | 0.01 % | ||||
| Current Valuation | 14.13 B | ||||
| Shares Outstanding | 475.46 M | ||||
| Shares Owned By Insiders | 1.63 % | ||||
| Shares Owned By Institutions | 72.44 % | ||||
| Number Of Shares Shorted | 31.19 M | ||||
| Price To Earning | 3.23 X |
Cleveland Cliffs Investors Sentiment
The influence of Cleveland Cliffs' investor sentiment on the probability of its price appreciation or decline could be a good factor in your decision-making process regarding taking a position in Cleveland. The overall investor sentiment generally increases the direction of a stock movement in a one-year investment horizon. However, the impact of investor sentiment on the entire stock market does not have solid backing from leading economists and market statisticians.
Investor biases related to Cleveland Cliffs' public news can be used to forecast risks associated with an investment in Cleveland. The trend in average sentiment can be used to explain how an investor holding Cleveland can time the market purely based on public headlines and social activities around Cleveland Cliffs. Please note that most equities that are difficult to arbitrage are affected by market sentiment the most.
Cleveland Cliffs' market sentiment shows the aggregated news analyzed to detect positive and negative mentions from the text and comments. The data is normalized to provide daily scores for Cleveland Cliffs' and other traded tickers. The bigger the bubble, the more accurate is the estimated score. Higher bars for a given day show more participation in the average Cleveland Cliffs' news discussions. The higher the estimated score, the more favorable is the investor's outlook on Cleveland Cliffs.
Cleveland Cliffs Implied Volatility | 92.59 |
Cleveland Cliffs' implied volatility exposes the market's sentiment of Cleveland Cliffs stock's possible movements over time. However, it does not forecast the overall direction of its price. In a nutshell, if Cleveland Cliffs' implied volatility is high, the market thinks the stock has potential for high price swings in either direction. On the other hand, the low implied volatility suggests that Cleveland Cliffs stock will not fluctuate a lot when Cleveland Cliffs' options are near their expiration.
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Cleveland Cliffs in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Cleveland Cliffs' short interest history, or implied volatility extrapolated from Cleveland Cliffs options trading.
Pair Trading with Cleveland Cliffs
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Cleveland Cliffs position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Cleveland Cliffs will appreciate offsetting losses from the drop in the long position's value.Moving together with Cleveland Stock
| 0.71 | AA | Alcoa Corp Financial Report 17th of July 2024 | PairCorr |
| 0.88 | KALU | Kaiser Aluminum Earnings Call This Week | PairCorr |
| 0.74 | CENX | Century Aluminum Financial Report 13th of May 2024 | PairCorr |
| 0.89 | CSTM | Constellium Nv Earnings Call This Week | PairCorr |
Moving against Cleveland Stock
| 0.79 | NC | NACCO Industries | PairCorr |
| 0.77 | VALE | Vale SA ADR Earnings Call This Week | PairCorr |
| 0.64 | X | United States Steel Earnings Call This Week | PairCorr |
The ability to find closely correlated positions to Cleveland Cliffs could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Cleveland Cliffs when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Cleveland Cliffs - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Cleveland Cliffs to buy it.
The correlation of Cleveland Cliffs is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Cleveland Cliffs moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Cleveland Cliffs moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Cleveland Cliffs can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.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 tightly coupled 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 Global Markets Map module to get a quick overview of global market snapshot using zoomable world map. Drill down to check world indexes.
Complementary Tools for Cleveland Stock analysis
When running Cleveland Cliffs' price analysis, check to measure Cleveland Cliffs' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Cleveland Cliffs is operating at the current time. Most of Cleveland Cliffs' value examination focuses on studying past and present price action to predict the probability of Cleveland Cliffs' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Cleveland Cliffs' price. Additionally, you may evaluate how the addition of Cleveland Cliffs to your portfolios can decrease your overall portfolio volatility.
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Is Cleveland Cliffs' industry 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 0.792 | Earnings Share 0.78 | Revenue Per Share 43.129 | Quarterly Revenue Growth 0.013 | Return On Assets 0.0329 |
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.