Steelcase Company Profile (NYSE:SCS)

About Steelcase

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
  • Exchange: NYSE
  • Symbol: SCS
  • CUSIP: 85815520
Key Metrics:
  • Previous Close: $16.10
  • 50 Day Moving Average: $16.41
  • 200 Day Moving Average: $15.23
  • 52-Week Range: $12.34 - $18.14
  • Trailing P/E Ratio: 11.08
  • Foreward P/E Ratio: 12.36
  • P/E Growth: 1.65
  • Market Cap: $1.87B
  • Outstanding Shares: 117,318,000
  • Beta: 1.16
Profitability:
  • Net Margins: 5.85%
  • Return on Equity: 17.60%
  • Return on Assets: 7.49%
Debt:
  • Debt-to-Equity Ratio: 0.40%
  • Current Ratio: 1.63%
  • Quick Ratio: 1.29%
Additional Links:
Companies Related to Steelcase:

Analyst Ratings

Consensus Ratings for Steelcase (NYSE:SCS) (?)
Ratings Breakdown: 1 Hold Rating
Consensus Rating:Hold (Score: 2.00)
Consensus Price Target: N/A

Analysts' Ratings History for Steelcase (NYSE:SCS)
Show:
DateFirmActionRatingPrice TargetDetails
11/4/2016Seaport Global SecuritiesInitiated CoverageNeutralView Rating Details
12/28/2015Raymond James Financial, Inc.Reiterated RatingStrong-Buy -> BuyView Rating Details
(Data available from 2/25/2015 forward)

Earnings

Earnings History for Steelcase (NYSE:SCS)
DateQuarterConsensus EstimateActual EPSRevenue EstimateActual RevenueRelease LinkConference CallDetails
3/20/2017        
12/20/2016Q317$0.31$0.34$786.50 millionViewN/AView Earnings Details
9/21/2016Q217$0.32$0.32$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$787.60 millionViewN/AView Earnings Details
9/23/2015Q216$0.32$0.35$819.00 millionViewListenView Earnings Details
6/24/2015Q216$0.15$0.17$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$800.00 millionViewN/AView Earnings Details
9/23/2014Q215$0.23$0.27$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)

Estimates

Earnings Estimates for Steelcase (NYSE:SCS)
Current Year EPS Consensus Estimate: $1.04 EPS
Next Year EPS Consensus Estimate: $1.29 EPS
QuarterNumber of EstimatesLow EstimateHigh EstimateAverage Estimate
Q1 20161$0.22$0.22$0.22
Q3 20171$0.31$0.31$0.31
Q4 20171$0.24$0.24$0.24
Q1 20181$0.24$0.24$0.24
Q2 20181$0.41$0.41$0.41
Q3 20181$0.35$0.35$0.35
Q4 20181$0.30$0.30$0.30
(Data provided by Zacks Investment Research)

Dividends

Current Dividend Information for Steelcase (NYSE:SCS)
Annual Dividend:$0.48
Dividend Yield:3.01%
Dividend Growth:16.30% (3 Year Average)
Payout Ratio:33.57% (Based on Trailing 12 Months of Earnings)
46.15% (Based on Current Year Consensus EPS Estimate)
37.21% (Based on Next Year Consensus EPS Estimate)
Track Record:6 Years of Consecutive Dividend Growth

Dividend History for Steelcase (NYSE:SCS)
AnnouncedPeriodAmountYieldEx-Dividend DateRecord DatePayable Date
12/21/2016quarterly$0.122.71%12/29/20161/3/20171/13/2017
9/21/2016Quarterly$0.123.31%9/30/201610/4/201610/14/2016
6/23/2016quarterly$0.123.32%6/30/20167/5/20167/15/2016
3/23/2016quarterly$0.123.16%3/31/20164/4/20164/14/2016
12/22/2015quarterly$0.113.09%1/5/20161/7/20161/15/2016
9/23/2015quarterly$0.112.47%10/1/201510/5/201510/15/2015
6/24/2015quarterly$0.112.31%7/1/20157/6/20157/15/2015
3/25/2015quarterly$0.112.28%4/1/20154/6/20154/15/2015
12/23/2014quarterly$0.112.32%12/30/20141/2/20151/15/2015
9/25/2014quarterly$0.112.51%10/2/201410/6/201410/16/2014
6/26/2014quarterly$0.112.71%7/2/20147/7/20147/16/2014
3/26/2014quarterly$0.112.58%4/2/20144/4/20144/14/2014
12/18/2013quarterly$0.102.49%12/26/201312/30/20131/13/2014
9/19/2013quarterly$0.102.54%9/26/20139/30/201310/11/2013
6/20/2013quarterly$0.102.84%6/27/20137/1/20137/12/2013
3/29/2013quarterly$0.102.72%4/4/20134/8/20134/15/2013
12/9/2012quarterly$0.093.13%12/13/201212/17/201212/28/2012
(Data available from 1/1/2013 forward)

Insider Trades

Insider Trading History for Steelcase (NYSE:SCS)
Insider Ownership Percentage: 18.68%
Institutional Ownership Percentage: 67.60%
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)

Headlines

Latest Headlines for Steelcase (NYSE:SCS)
DateHeadline
News IconNumbers in Review on Shares of Steelcase Inc (SCS) - Providence Standard (NYSE:SCS)
providencestandard.com - February 24 at 5:38 AM
News IconStock Spotlight: Zooming in on Shares of Steelcase Inc. (NYSE:SCS) - The Standard (NYSE:SCS)
6milestandard.com - February 24 at 5:38 AM
finance.yahoo.com logoCEOs love the corner office, but research says it's overrated (NYSE:SCS)
finance.yahoo.com - February 23 at 7:52 PM
News IconUnknowns cloud 2017 outlook for West Michigan office furniture makers (NYSE:SCS)
mibiz.com - February 19 at 6:41 PM
realistinvestor.com logoDeferred Tax Assets Of Steelcase Inc. (NYSE:SCS) At $50 Millions - RealistInvestor.com (NYSE:SCS)
www.realistinvestor.com - February 6 at 7:50 PM
News IconAmazon Com INC (AMZN) Holder Comerica Bank Has Upped Its Position by $5.65 Million as Valuation Rose (NYSE:SCS)
randolphguide.com - February 4 at 12:51 AM
News IconBrokerages mixed on Colgate-Palmolive post Q3 numbers (NYSE:SCS)
viveremilano.biz - January 31 at 2:23 AM
News IconAs Dana Holding Corp (DAN) Stock Value Rose, Holder Wedge Capital Management L LP Has Cut by $7.05 Million Its Position (NYSE:SCS)
randolphguide.com - January 30 at 9:23 PM
News IconMore References of Windows 10 Cloud Appear in the New Build 15019 (NYSE:SCS)
mundoaguaysaneamiento.net - January 30 at 9:23 PM
News IconKeeping Tabs on Levels for Steelcase Inc. (NYSE:SCS) - The Tribune (NYSE:SCS)
lakecitytribune.com - January 30 at 1:13 AM
News IconTechnical Buzz on Steelcase Inc. (NYSE:SCS) - The Tribune (NYSE:SCS)
lakecitytribune.com - January 29 at 12:51 AM
News IconCrunching the Numbers for Steelcase Inc. (SCS) - Sherwood Daily (NYSE:SCS)
sherwooddaily.com - January 29 at 12:51 AM
News IconChecking the Metrics on Shares of Steelcase Inc. (NYSE:SCS) - The Tribune (NYSE:SCS)
lakecitytribune.com - January 28 at 6:20 AM
News IconGoing The Extra Mile: Stock With Track Record & Upside: Steelcase Inc. (NYSE:SCS) - Wall Street Beacon (NYSE:SCS)
wsbeacon.com - January 27 at 2:55 AM
News IconActive Trading Watch on Shares of Steelcase Inc. (SCS) - Springdale Times (NYSE:SCS)
springdaletimes.com - January 27 at 2:55 AM
News IconF-Score in Review on Shares of Steelcase Inc. (NYSE:SCS) - The Tribune (NYSE:SCS)
lakecitytribune.com - January 25 at 4:36 AM
News IconTechnical Level Spotcheck on Shares of Steelcase Inc. (SCS) - Springdale Times (NYSE:SCS)
springdaletimes.com - January 25 at 4:36 AM
4-traders.com logoSteelcase : Technical Reports on Business Equipment Equities -- Pitney Bowes, VeriFone Systems, Avery Dennison, and Steelcase (NYSE:SCS)
www.4-traders.com - January 23 at 8:50 AM
News IconHigh-Density Storage. Product Environmental Profile (PEP) Americas (NYSE:SCS)
docplayer.net - January 22 at 12:29 AM
News IconWatching the Technicals on Shares of Steelcase Inc. (SCS) - Sherwood Daily (NYSE:SCS)
sherwooddaily.com - January 21 at 5:17 AM
News IconSteady As She Goes, Accelerated Growth Puts Stock in Focus: Steelcase Inc. (NYSE:SCS) - Wall Street Beacon (NYSE:SCS)
wsbeacon.com - January 20 at 6:40 AM
capitalcube.com logoETFs with exposure to Steelcase, Inc. : January 19, 2017 (NYSE:SCS)
www.capitalcube.com - January 20 at 6:40 AM
capitalcube.com logoSteelcase, Inc. breached its 50 day moving average in a Bearish Manner : SCS-US : January 18, 2017 (NYSE:SCS)
www.capitalcube.com - January 18 at 9:36 PM
realistinvestor.com logoQuarterly Deferred Tax Assets Of Steelcase Inc. (NYSE:SCS) At $50 Millions (NYSE:SCS)
www.realistinvestor.com - January 15 at 7:14 PM
stocksdaily.net logoSteelcase Inc. (NYSE:SCS) Quarterly Accrued Expenses At $223.6 Millions (NYSE:SCS)
www.stocksdaily.net - January 10 at 10:26 PM
News IconInvestor Corner: Checking the Numbers on Steelcase Inc. (NYSE:SCS) - Wall Street Beacon (NYSE:SCS)
wsbeacon.com - January 10 at 2:48 AM
News IconInvestor Update: Checking on Shares of Steelcase Inc. (NYSE:SCS) - Wall Street Beacon (NYSE:SCS)
wsbeacon.com - January 7 at 3:02 AM
News IconDirector of Steelcase Inc (NYSE:SCS), Welch P Craig Jr, sells 18,000 shares worth $323,100 (NYSE:SCS)
empowerednews.net - January 6 at 3:37 AM
News IconFY2017 Earnings Forecast for Steelcase Inc. Issued By Seaport Global Securities (SCS) (NYSE:SCS)
larampadinapoli.com - December 29 at 7:41 PM
marketexclusive.com logoInsider Trading Activity Steelcase Inc. (NYSE:SCS) – VP Sold 5632 shares of Stock - Market Exclusive (NYSE:SCS)
marketexclusive.com - December 29 at 8:29 AM
finance.yahoo.com logoSTEELCASE INC Financials (NYSE:SCS)
finance.yahoo.com - December 28 at 7:37 PM
nasdaq.com logoSteelcase Inc. (SCS) Ex-Dividend Date Scheduled for December 29 ... - Nasdaq (NYSE:SCS)
www.nasdaq.com - December 28 at 9:24 AM
capitalcube.com logoETFs with exposure to Steelcase, Inc. : December 27, 2016 (NYSE:SCS)
www.capitalcube.com - December 27 at 7:22 PM
seekingalpha.com logoSteelcase Not Worth The Premium - Seeking Alpha (NYSE:SCS)
seekingalpha.com - December 25 at 7:01 PM
capitalcube.com logoSteelcase, Inc. :SCS-US: Earnings Analysis: Q3, 2017 By the Numbers : December 23, 2016 (NYSE:SCS)
www.capitalcube.com - December 23 at 7:53 PM
News IconThe Steelcase Inc. (SCS) to Release Quarterly Earnings on Tuesday (NYSE:SCS)
www.xboxonezone.com - December 23 at 1:08 AM
streetinsider.com logoSteelcase (SCS) Names Steelcase (SCS) to Board of Directors - StreetInsider.com (NYSE:SCS)
www.streetinsider.com - December 22 at 8:06 PM
News IconSteelcase (SCS) Catches Eye: Stock Adds 5.4% in Session - Yahoo News (NYSE:SCS)
www.yahoo.com - December 22 at 8:06 PM
News IconSteelcase Inc. (SCS) Is Pulling Back After Q3 Report (NYSE:SCS)
larampadinapoli.com - December 22 at 3:49 AM
finance.yahoo.com logoEdited Transcript of SCS earnings conference call or presentation 21-Dec-16 1:30pm GMT (NYSE:SCS)
finance.yahoo.com - December 21 at 10:47 PM
biz.yahoo.com logoSTEELCASE INC Files SEC form 10-Q, Quarterly Report (NYSE:SCS)
biz.yahoo.com - December 21 at 10:47 PM
streetinsider.com logoSteelcase (SCS) Names Steelcase (SCS) to Board of Directors (NYSE:SCS)
www.streetinsider.com - December 21 at 10:42 AM
biz.yahoo.com logoSTEELCASE INC Files SEC form 8-K, Results of Operations and Financial Condition, Change in Directors or Principal Off (NYSE:SCS)
us.rd.yahoo.com - December 21 at 10:42 AM
sg.finance.yahoo.com logoSteelcase posts 3Q profit (NYSE:SCS)
us.rd.yahoo.com - December 21 at 10:42 AM
publicnow.com logoSteelcase Welcomes IDEO CEO Tim Brown to Board of Directors (NYSE:SCS)
us.rd.yahoo.com - December 21 at 10:42 AM
publicnow.com logoSteelcase Reports Third Quarter Results (NYSE:SCS)
us.rd.yahoo.com - December 21 at 10:42 AM
investorplace.com logo3 Stocks to Watch on Wednesday: FedEx Corporation (FDX), Steelcase Inc. (SCS) and Nike Inc (NKE) (NYSE:SCS)
investorplace.com - December 21 at 9:31 AM
globenewswire.com logoSteelcase Reports Third Quarter Results - GlobeNewswire (press release) (NYSE:SCS)
globenewswire.com - December 20 at 8:35 PM
rttnews.com logoSteelcase Inc. (SCS) Is Pulling Back After Q3 Report - RTT News (NYSE:SCS)
www.rttnews.com - December 20 at 8:35 PM
News IconF-Score in Review on Shares of Steelcase Inc. (NYSE:SCS) - The Business Journal (NYSE:SCS)
belmontbusinessjournal.com - December 20 at 2:33 PM

Social

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, December 21st. Stockholders of record on Tuesday, January 3rd will be paid a dividend of $0.12 per share on Friday, January 13th. This represents a $0.48 annualized dividend and a dividend yield of 3.01%. The ex-dividend date is Thursday, December 29th.

When will Steelcase announce their earnings?

Steelcase is scheduled to release their next quarterly earnings announcement on Monday, March, 20th 2017.

Who owns Steelcase stock?

Steelcase's stock is owned by many different of institutional and retail investors. Top institutional shareholders include Dimensional Fund Advisors LP (2.64%), Thompson Siegel & Walmsley LLC (2.10%), Fifth Third Bancorp (2.07%), Prudential PLC (1.78%), Royce & Associates LP (1.50%) and State Street Corp (1.43%). Company insiders that own Steelcase stock include Allan W Smith Jr, David C Sylvester and Sara E Armbruster.

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 Thompson Siegel & Walmsley LLC, Franklin Resources Inc., Skyline Asset Management LP, Two Sigma Investments LP, GSA Capital Partners LLP, Hodges Capital Management Inc., AQR Capital Management LLC and Comerica Bank. Company insiders that have sold Steelcase stock in the last year include Allan W Smith Jr and Sara E Armbruster.

Who bought Steelcase stock? Who is buying Steelcase stock?

Steelcase's stock was bought by a variety of institutional investors in the last quarter, including Prudential PLC, Royce & Associates LP, Dimensional Fund Advisors LP, Menta Capital LLC, Trexquant Investment LP, DZ BANK AG Deutsche Zentral Genossenschafts Bank Frankfurt am Main, State Street Corp and Sicart Associates LLC.

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 $15.95.

Steelcase (NYSE:SCS) Chart for Saturday, February, 25, 2017


Institutional Ownership Chart

Institutional Ownership by Quarter for Steelcase (NYSE:SCS)

Earnings History Chart

Earnings by Quarter for Steelcase (NYSE:SCS)

Dividend History Chart

Dividend Payments by Quarter for Steelcase (NYSE:SCS)

Last Updated on 2/25/2017 by MarketBeat.com Staff