CLF vs. STLD, RS, X, ATI, CMC, CRS, WOR, HAYN, ZEUS, and RDUS
Should you be buying Cleveland-Cliffs stock or one of its competitors? The main competitors of Cleveland-Cliffs include Steel Dynamics (STLD), Reliance (RS), United States Steel (X), ATI (ATI), Commercial Metals (CMC), Carpenter Technology (CRS), Worthington Enterprises (WOR), Haynes International (HAYN), Olympic Steel (ZEUS), and Radius Recycling (RDUS). These companies are all part of the "steel" industry.
Steel Dynamics (NASDAQ:STLD) and Cleveland-Cliffs (NYSE:CLF) are both basic materials companies, but which is the better business? We will compare the two businesses based on the strength of their institutional ownership, analyst recommendations, valuation, profitability, risk, dividends, media sentiment, community ranking and earnings.
Steel Dynamics pays an annual dividend of $1.84 per share and has a dividend yield of 1.4%. Cleveland-Cliffs pays an annual dividend of $0.24 per share and has a dividend yield of 1.4%. Steel Dynamics pays out 12.6% of its earnings in the form of a dividend. Cleveland-Cliffs pays out 32.4% of its earnings in the form of a dividend. Both companies have healthy payout ratios and should be able to cover their dividend payments with earnings for the next several years. Steel Dynamics has raised its dividend for 12 consecutive years.
Steel Dynamics has a net margin of 12.89% compared to Steel Dynamics' net margin of 1.78%. Cleveland-Cliffs' return on equity of 27.62% beat Steel Dynamics' return on equity.
Steel Dynamics received 126 more outperform votes than Cleveland-Cliffs when rated by MarketBeat users. Likewise, 68.30% of users gave Steel Dynamics an outperform vote while only 53.39% of users gave Cleveland-Cliffs an outperform vote.
Steel Dynamics has a beta of 1.47, indicating that its stock price is 47% more volatile than the S&P 500. Comparatively, Cleveland-Cliffs has a beta of 2.1, indicating that its stock price is 110% more volatile than the S&P 500.
In the previous week, Cleveland-Cliffs had 7 more articles in the media than Steel Dynamics. MarketBeat recorded 13 mentions for Cleveland-Cliffs and 6 mentions for Steel Dynamics. Cleveland-Cliffs' average media sentiment score of 1.32 beat Steel Dynamics' score of 1.07 indicating that Steel Dynamics is being referred to more favorably in the media.
Steel Dynamics presently has a consensus price target of $125.29, suggesting a potential downside of 6.41%. Cleveland-Cliffs has a consensus price target of $20.64, suggesting a potential upside of 19.46%. Given Steel Dynamics' stronger consensus rating and higher probable upside, analysts plainly believe Cleveland-Cliffs is more favorable than Steel Dynamics.
Steel Dynamics has higher earnings, but lower revenue than Cleveland-Cliffs. Steel Dynamics is trading at a lower price-to-earnings ratio than Cleveland-Cliffs, indicating that it is currently the more affordable of the two stocks.
82.4% of Steel Dynamics shares are owned by institutional investors. Comparatively, 67.7% of Cleveland-Cliffs shares are owned by institutional investors. 6.0% of Steel Dynamics shares are owned by insiders. Comparatively, 1.8% of Cleveland-Cliffs shares are owned by insiders. Strong institutional ownership is an indication that large money managers, endowments and hedge funds believe a stock is poised for long-term growth.
Summary
Steel Dynamics beats Cleveland-Cliffs on 13 of the 21 factors compared between the two stocks.
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This chart shows the number of new MarketBeat users adding CLF and its top 5 competitors to their watchlist. Each company is represented with a line over a 90 day period.
This chart shows the average media sentiment of NYSE and its competitors over the past 90 days as caculated by MarketBeat. The averaged score is equivalent to the following: Very Negative Sentiment <= -1.5, Negative Sentiment > -1.5 and <= -0.5, Neutral Sentiment > -0.5 and < 0.5, Positive Sentiment >= 0.5 and < 1.5, and Very Positive Sentiment >= 1.5.
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