Steelcase Company Profile (NYSE:SCS)

About Steelcase (NYSE:SCS)

Steelcase logoSteelcase Inc. provides an integrated portfolio of furniture settings, user-centered technologies and interior architectural products. The Company's segments include Americas, EMEA and Other Category. The Company's furniture portfolio includes panel-based and freestanding furniture systems and complementary products, such as storage, tables and ergonomic worktools. Its seating products include task chairs, which are ergonomic seating that can be used in collaborative or casual settings and specialty seating for specific vertical markets, such as healthcare and education. Its technology solutions support group collaboration by integrating furniture and technology. Its interior architectural products include full and partial height walls and doors. It also offers services, which include workplace strategy consulting, lease origination services, furniture and asset management and hosted spaces. Its family of brands includes Steelcase, Coalesse, Designtex, PolyVision and Turnstone.

Industry, Sector and Symbol:
  • Sector: Business Services
  • Industry: Business Equipment
  • Sub-Industry: Office Services & Supplies
  • Symbol: NYSE:SCS
  • CUSIP: 85815520
  • Web:
  • Market Cap: $1.98 billion
  • Outstanding Shares: 118,001,000
Average Prices:
  • 50 Day Moving Avg: $16.68
  • 200 Day Moving Avg: $16.43
  • 52 Week Range: $12.67 - $18.14
  • Trailing P/E Ratio: 16.31
  • Foreward P/E Ratio: 12.44
  • P/E Growth: 1.52
Sales & Book Value:
  • Annual Revenue: $3.03 billion
  • Price / Sales: 0.65
  • Book Value: $6.53 per share
  • Price / Book: 2.57
  • Annual Dividend: $0.48
  • Dividend Yield: 3.1%
  • EBIDTA: $265.6 million
  • Net Margins: 5.85%
  • Return on Equity: 17.60%
  • Return on Assets: 7.49%
  • Debt-to-Equity Ratio: 0.40%
  • Current Ratio: 1.63%
  • Quick Ratio: 1.29%
  • Average Volume: 624,586 shs.
  • Beta: 1.16
  • Short Ratio: 5.88

Frequently Asked Questions for Steelcase (NYSE:SCS)

What is Steelcase's stock symbol?

Steelcase trades on the New York Stock Exchange (NYSE) under the ticker symbol "SCS."

How often does Steelcase pay dividends? What is the dividend yield for Steelcase?

Steelcase announced a quarterly dividend on Wednesday, March 22nd. Shareholders of record on Friday, March 31st will be paid a dividend of $0.1275 per share on Friday, April 14th. This represents a $0.51 dividend on an annualized basis and a yield of 3.04%. The ex-dividend date is Wednesday, March 29th. This is a boost from Steelcase's previous quarterly dividend of $0.12. View Steelcase's Dividend History.

How were Steelcase's earnings last quarter?

Steelcase Inc. (NYSE:SCS) released its earnings results on Tuesday, March, 21st. The company reported $0.22 EPS for the quarter, missing the Thomson Reuters' consensus estimate of $0.23 by $0.01. The firm earned $769.10 million during the quarter, compared to analysts' expectations of $750.83 million. Steelcase had a net margin of 5.85% and a return on equity of 17.60%. Steelcase's revenue was up 2.8% compared to the same quarter last year. During the same period in the prior year, the company earned $0.22 EPS. View Steelcase's Earnings History.

When will Steelcase make its next earnings announcement?

Steelcase is scheduled to release their next quarterly earnings announcement on Tuesday, June, 20th 2017. View Earnings Estimates for Steelcase.

What guidance has Steelcase issued on next quarter's earnings?

Steelcase updated its first quarter earnings guidance on Tuesday, March, 21st. The company provided EPS guidance of $0.16-0.20 for the period, compared to the Thomson Reuters consensus earnings per share estimate of $0.23. The company issued revenue guidance of $725-750 million, compared to the consensus revenue estimate of $745.70 million.

Where is Steelcase's stock going? Where will Steelcase's stock price be in 2017?

2 brokerages have issued twelve-month price objectives for Steelcase's shares. Their predictions range from $19.00 to $19.00. On average, they anticipate Steelcase's stock price to reach $19.00 in the next year. View Analyst Ratings for Steelcase.

Who are some of Steelcase's key competitors?

Who owns Steelcase stock?

Steelcase's stock is owned by a number of of institutional and retail investors. Top institutional shareholders include Vanguard Group Inc. (6.43%), BlackRock Inc. (4.79%), Wellington Management Group LLP (4.22%), Bank of New York Mellon Corp (3.77%), Dimensional Fund Advisors LP (2.81%) and Channing Capital Management LLC (2.59%). Company insiders that own Steelcase stock include Allan W Smith Jr, David C Sylvester and Sara E Armbruster. View Institutional Ownership Trends for Steelcase.

Who sold Steelcase stock? Who is selling Steelcase stock?

Steelcase's stock was sold by a variety of institutional investors in the last quarter, including Dalton Greiner Hartman Maher & Co., Wells Fargo & Company MN, Walthausen & Co. LLC, Wedge Capital Management L L P NC, Hodges Capital Management Inc., Morgan Stanley, Cipher Capital LP and Channing Capital Management LLC. Company insiders that have sold Steelcase stock in the last year include Allan W Smith Jr and Sara E Armbruster. View Insider Buying and Selling for Steelcase.

Who bought Steelcase stock? Who is buying Steelcase stock?

Steelcase's stock was acquired by a variety of institutional investors in the last quarter, including BlackRock Inc., Wellington Management Group LLP, LSV Asset Management, Vanguard Group Inc., Gotham Asset Management LLC, WBI Investments Inc., Dimensional Fund Advisors LP and BNP Paribas Arbitrage SA. View Insider Buying and Selling for Steelcase.

How do I buy Steelcase stock?

Shares of Steelcase can be purchased through any online brokerage account. Popular online brokerages include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.

How much does a share of Steelcase stock cost?

One share of Steelcase stock can currently be purchased for approximately $16.80.

Analyst Ratings

Consensus Ratings for Steelcase (NYSE:SCS) (?)
Ratings Breakdown: 1 Hold Rating, 1 Strong Buy Rating
Consensus Rating:Buy (Score: 3.00)
Consensus Price Target: $19.00 (13.10% upside)

Analysts' Ratings History for Steelcase (NYSE:SCS)
DateFirmActionRatingPrice TargetImpact on Share PriceDetails
3/23/2017Raymond James Financial, Inc.UpgradeMarket Perform -> Strong-Buy$19.00HighView Rating Details
11/4/2016Seaport Global SecuritiesInitiated CoverageNeutralN/AView Rating Details
(Data available from 5/25/2015 forward)


Earnings History for Steelcase (NYSE:SCS)
Earnings by Quarter for Steelcase (NYSE:SCS)
Earnings History by Quarter for Steelcase (NYSE:SCS)
DateQuarterConsensus EstimateActual EPSRevenue EstimateActual RevenueRelease LinkConference CallDetails
3/21/2017Q4 2017$0.23$0.22$750.83 million$769.10 millionViewN/AView Earnings Details
12/20/2016Q317$0.31$0.34$787.25 million$786.50 millionViewN/AView Earnings Details
9/21/2016Q217$0.32$0.32$785.30 million$758.00 millionViewN/AView Earnings Details
3/22/2016Q4$0.21$0.64$737.80 million$747.90 millionViewListenView Earnings Details
12/21/2015Q316$0.33$0.30$813.20 million$787.60 millionViewN/AView Earnings Details
9/23/2015Q216$0.32$0.35$794.50 million$819.00 millionViewListenView Earnings Details
6/24/2015Q216$0.15$0.17$706.50 million$705.50 millionViewN/AView Earnings Details
3/24/2015Q415$0.20$0.21$769.07 million$749.90 millionViewN/AView Earnings Details
12/22/2014Q315$0.26$0.29$826.80 million$800.00 millionViewN/AView Earnings Details
9/23/2014Q215$0.23$0.27$782.00 million$786.70 millionViewN/AView Earnings Details
6/26/2014Q115$0.16$0.12$728.73 million$723.10 millionViewN/AView Earnings Details
3/25/2014Q414$0.17$0.18$773.77 million$779.40 millionViewN/AView Earnings Details
12/18/2013Q3$0.26$0.18$781.27 million$784.80 millionViewListenView Earnings Details
9/18/2013Q2 2014$0.26$0.22$773.33 million$757.60 millionViewN/AView Earnings Details
6/19/2013Q1 2014$0.13$0.10$689.93 million$667.10 millionViewN/AView Earnings Details
3/27/2013Q4 2013$0.19$0.19$709.47 million$721.40 millionViewN/AView Earnings Details
12/19/2012Q3 2013$0.21$0.22$722.10 million$727.20 millionViewN/AView Earnings Details
9/19/2012Q213$0.19$0.25$728.30 million$744.90 millionViewN/AView Earnings Details
6/20/2012$0.13$0.13ViewN/AView Earnings Details
3/22/2012$0.16$0.14ViewN/AView Earnings Details
12/21/2011$0.19$0.19ViewN/AView Earnings Details
9/21/2011$0.17$0.15ViewN/AView Earnings Details
6/22/2011$0.05$0.10ViewN/AView Earnings Details
3/23/2011$0.08$0.11ViewN/AView Earnings Details
12/16/2010$0.14$0.18$644.27 million$672.60 millionViewN/AView Earnings Details
(Data available from 1/1/2011 forward)


Earnings Estimates for Steelcase (NYSE:SCS)
2017 EPS Consensus Estimate: $0.55
2018 EPS Consensus Estimate: $1.20
QuarterNumber of EstimatesLow EstimateHigh EstimateAverage Estimate
Q3 20171$0.31$0.31$0.31
Q4 20171$0.24$0.24$0.24
Q1 20181$0.18$0.18$0.18
Q2 20181$0.37$0.37$0.37
Q3 20181$0.34$0.34$0.34
Q4 20181$0.31$0.31$0.31
(Data provided by Zacks Investment Research)


Current Dividend Information for Steelcase (NYSE:SCS)
Most Recent Dividend:4/14/2017
Annual Dividend:$0.48
Dividend Yield:2.86%
Dividend Growth:16.30% (3 Year Average)
Payout Ratio:33.57% (Trailing 12 Months of Earnings)
40.34% (Based on This Year's Estimates)
35.56% (Based on Next Year's Estimates)
Track Record:6 Years of Consecutive Dividend Growth
Dividend Payments by Quarter for Steelcase (NYSE:SCS)

Dividend History by Quarter for Steelcase (NYSE:SCS)
AnnouncedPeriodAmountYieldEx-Dividend DateRecord DatePayable Date
(Data available from 1/1/2013 forward)

Insider Trades

Insider Trading and Institutional Ownership History for Steelcase (NYSE:SCS)
Insider Ownership Percentage: 18.68%
Institutional Ownership Percentage: 67.60%
Insider Trades by Quarter for Steelcase (NYSE:SCS)
Institutional Ownership by Quarter for Steelcase (NYSE:SCS)
Insider Trades by Quarter for Steelcase (NYSE:SCS)
Transaction DateInsider NameTitleBuy/SellNumber of SharesAverage Share PriceTotal TransactionDetails
12/23/2016Allan W Smith JrVPSell5,632$17.55$98,841.60View SEC Filing  
6/29/2016Sara E ArmbrusterVPSell14,000$13.50$189,000.00View SEC Filing  
6/29/2015David C SylvesterCFOSell32,413$19.52$632,701.76View SEC Filing  
10/9/2014R David HooverDirectorBuy5,000$15.31$76,550.00View SEC Filing  
10/1/2014Sara E ArmbrusterVPSell15,000$15.90$238,500.00View SEC Filing  
7/15/2014James P HackettDirectorSell3,000$15.29$45,870.00View SEC Filing  
(Data available from 1/1/2013 forward)


Headline Trends for Steelcase (NYSE:SCS)
Latest Headlines for Steelcase (NYSE:SCS)
DateHeadline logoFord Names New CEO - May 24 at 8:14 PM logoThe Zacks Analyst Blog Highlights: Ford Motor, Steelcase and Tesla - May 23 at 7:07 PM logoFord's new CEO promises a fit _ but fun _ company - May 23 at 7:07 PM
News IconThere's a simple reason why Ford's CEO was pushed out — and it has nothing to do with self-driving cars - Business Insider - May 23 at 11:10 AM logoFord Reveals a Huge Problem With Its Culture That May Be Eating the Company From the Inside Out - May 23 at 9:27 AM logoCEO Who Sold Furniture to Steve Jobs Now Aims Ford at the Future - May 23 at 9:27 AM logo[$$] Ford Looks to New CEO Jim Hackett for ‘Tech-Savvy Energy’ - May 23 at 9:27 AM logoWhy The Auto Industry C-Suite Should Be Nervous About Ford's New Design Thinking CEO - May 23 at 9:27 AM logoHere’s how much Ford stock lost under Mark Fields - May 22 at 6:48 PM logo[$$] Ford chooses self-drive chief to spearhead turnround - May 22 at 6:48 PM logoKey events under former Ford CEO Mark Fields - May 22 at 5:19 PM logoWas Mark Fields Given Enough Time To Lead Ford? Cramer Doesn't Think So - May 22 at 12:50 PM logoFord confirms Jim Hackett will replace CEO Mark Fields - May 22 at 9:07 AM logoFord Fires CEO Mark Fields; Former Steelcase Chief Jim Hackett To Take Over - May 22 at 9:07 AM logoA new 3D printer uses vats of gel to create objects in a matter of minutes - May 22 at 9:07 AM logo[$$] Ford Replaces CEO Amid Pressure on Profit, Share Price - May 22 at 9:07 AM logoThe Wall Street Journal: Ford to replace CEO Mark Fields with Jim Hackett amid pressure on profit - May 22 at 6:49 AM logoSteelcase, Inc. breached its 50 day moving average in a Bearish Manner : SCS-US : May 15, 2017 - May 15 at 6:57 PM logoSteelcase Inc. (SCS) Expected to Post Quarterly Sales of $744.6 Million - May 11 at 12:42 PM logoZacks: Analysts Expect Steelcase Inc. (SCS) Will Announce Earnings of $0.19 Per Share - May 9 at 8:10 AM logoETFs with exposure to Steelcase, Inc. : May 8, 2017 - May 8 at 7:09 PM logoSteelcase (SCS) Getting Somewhat Positive News Coverage, Report Finds - May 3 at 3:28 PM logoVery Positive Press Coverage Very Likely to Affect Steelcase (SCS) Stock Price - April 29 at 9:44 AM logoETFs with exposure to Steelcase, Inc. : April 28, 2017 - April 28 at 8:58 PM logoSteelcase, Inc. :SCS-US: Earnings Analysis: Q4, 2017 By the Numbers : April 27, 2017 - April 27 at 8:09 PM logoSteelcase (SCS) Receives Daily Coverage Optimism Score of 0.44 - April 26 at 4:26 PM logoTomorrow’s office furniture will be rapidly 3D-printed in pools of goo - April 24 at 11:37 AM logoSteelcase (SCS) Getting Somewhat Positive Media Coverage, Study Shows - April 23 at 7:21 PM logoSteelcase, Inc. breached its 50 day moving average in a Bullish Manner : SCS-US : April 21, 2017 - April 21 at 7:30 PM logoSteelcase (SCS) Getting Somewhat Negative News Coverage, Study Finds - April 20 at 3:38 PM logo Brokerages Expect Steelcase Inc. (SCS) to Announce $0.19 Earnings Per Share - April 18 at 9:42 AM logoSomewhat Positive Press Coverage Somewhat Unlikely to Affect Steelcase (SCS) Share Price - April 17 at 7:25 PM logoSomewhat Favorable Press Coverage Very Likely to Impact Steelcase (SCS) Share Price - April 14 at 10:22 PM logoSteelcase Inc (SCS) Files 10-K for the Fiscal Year Ended on February 28, 2017 - April 14 at 7:11 PM logoSteelcase Nominates Jenny Niemann for Election to Board of Directors - April 14 at 12:17 PM logoSteelcase, Inc. – Value Analysis (NYSE:SCS) : April 12, 2017 - April 12 at 6:15 PM logoSteelcase, Inc. : SCS-US: Dividend Analysis : March 31st, 2017 (record date) : By the numbers : April 11, 2017 - April 11 at 7:30 PM logoSteelcase, Inc. breached its 50 day moving average in a Bullish Manner : SCS-US : April 11, 2017 - April 11 at 9:47 AM logoResearch Reports on Business Equipment Equities -- Pitney Bowes, VeriFone Systems, Avery Dennison, and Steelcase - April 3 at 8:39 AM logoSteelcase Inc. (SCS) Expected to Earn Q3 2018 Earnings of $0.34 Per Share - March 29 at 12:52 PM logoSteelcase Inc. to Post Q1 2018 Earnings of $0.18 Per Share, Seaport Global Securities Forecasts (SCS) - March 28 at 10:23 AM logoSteelcase Inc. (SCS) Ex-Dividend Date Scheduled for March 29, 2017 - Nasdaq - March 28 at 9:28 AM logo4 Dividend Increases: March 20-24, 2017 - March 25 at 7:20 PM logoSteelcase Inc. (SCS) Upgraded to "Strong-Buy" by Raymond James Financial, Inc. - March 23 at 11:16 AM logo Steelcase Inc. (SCS) Given $18.00 Consensus Target Price by Analysts - March 23 at 10:32 AM logoSteelcase Inc. (SCS) Downgraded by Zacks Investment Research - March 23 at 8:26 AM logoEdited Transcript of SCS earnings conference call or presentation 22-Mar-17 12:30pm GMT - March 23 at 12:41 AM logoSteelcase's (SCS) CEO James Keane on Q4 2017 Results - Earnings Call Transcript - March 22 at 7:38 PM logoSteelcase Inc. (SCS) Raises Dividend to $0.13 Per Share - March 22 at 6:25 PM logoSteelcase Inc. (SCS) Posts Quarterly Earnings Results, Misses Expectations By $0.01 EPS - March 22 at 9:17 AM



Steelcase (SCS) Chart for Thursday, May, 25, 2017

This page was last updated on 5/25/2017 by Staff