Top MarketRank™ StocksTop MarketRank™NYSE:SCS Steelcase (SCS) Stock Price, News & Analysis $14.02 +0.19 (+1.37%) (As of 07/26/2024 ET) Add Compare Share Share Today's Range$13.70▼$14.0450-Day Range$12.18▼$14.1052-Week Range$8.20▼$14.54Volume563,555 shsAverage Volume750,065 shsMarket Capitalization$1.60 billionP/E Ratio18.45Dividend Yield2.85%Price Target$18.00 Stock AnalysisStock AnalysisAnalyst ForecastsChartCompetitorsDividendEarningsFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestSustainabilityTrendsStock AnalysisAnalyst ForecastsChartCompetitorsDividendEarningsFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestSustainabilityTrends Get Steelcase alerts: Email Address Steelcase MarketRank™ Stock AnalysisAnalyst RatingBuy3.00 Rating ScoreUpside/Downside28.4% Upside$18.00 Price TargetShort InterestHealthy2.69% of Float Sold ShortDividend StrengthModerateBased on Four FactorsSustainability-1.87Upright™ Environmental ScoreNews Sentiment0.41Based on 16 Articles This WeekInsider TradingSelling Shares$2.41 M Sold Last QuarterProj. Earnings Growth19.00%From $1.00 to $1.19 Per ShareSee Full Details Hide Full Details Overall MarketRank™New Rank-Based ScoringMarketRank™ is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.4.98 out of 5 starsBusiness Services Sector4th out of 317 stocksOffice Furniture, Except Wood Industry1st out of 2 stocks 3.5 Analyst's Opinion Consensus RatingSteelcase has received a consensus rating of Buy. The company's average rating score is 3.00, and is based on 1 buy rating, no hold ratings, and no sell ratings.Amount of Analyst CoverageSteelcase has only been the subject of 1 research reports in the past 90 days.Read more about Steelcase's stock forecast and price target. Previous Next 5.0 Short Interest Percentage of Shares Shorted2.69% of the float of Steelcase has been sold short.Short Interest Ratio / Days to CoverSteelcase has a short interest ratio ("days to cover") of 3.4, which is generally considered an acceptable ratio of short interest to trading volume.Change versus previous monthShort interest in Steelcase has recently decreased by 13.86%, indicating that investor sentiment is improving significantly. Previous Next 2.5 Dividend Strength Dividend YieldSteelcase pays a meaningful dividend of 2.95%, higher than the bottom 25% of all stocks that pay dividends.Dividend GrowthSteelcase does not have a long track record of dividend growth.Dividend CoverageThe dividend payout ratio of Steelcase is 52.63%. This payout ratio is at a healthy, sustainable level, below 75%.Dividend SustainabilityBased on earnings estimates, Steelcase will have a dividend payout ratio of 33.61% next year. This indicates that Steelcase will be able to sustain or increase its dividend.Read more about Steelcase's dividend. Previous Next 2.0 Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScoreSteelcase has received a -0.71% net impact score from Upright. The largest negative impact of Steelcase in category "GHG emissions" seems to be driven mostly by its "Glass mirrors", "Acoustics engineering of offices", "Wooden tables", "Stainless steel storage bins", "Wooden storage bins", and "Retail of lighting" products. See details.Environmental SustainabilityThe Environmental Impact score for Steelcase is -1.87. Previous Next 3.0 News and Social Media Coverage News SentimentSteelcase has a news sentiment score of 0.41. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a lower news sentiment than the 0.57 average news sentiment score of Business Services companies.News Coverage This WeekMarketBeat has tracked 16 news articles for Steelcase this week, compared to 4 articles on an average week.Search Interest5 people have searched for SCS on MarketBeat in the last 30 days. This is an increase of 67% compared to the previous 30 days.MarketBeat Follows6 people have added Steelcase to their MarketBeat watchlist in the last 30 days. This is an increase of 500% compared to the previous 30 days. Previous Next 3.3 Company Ownership Insider Buying vs. Insider SellingIn the past three months, Steelcase insiders have sold more of their company's stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $2,410,861.00 in company stock.Percentage Held by Insiders12.96% of the stock of Steelcase is held by insiders. A high percentage of insider ownership can be a sign of company health.Percentage Held by Institutions92.42% of the stock of Steelcase is held by institutions. High institutional ownership can be a signal of strong market trust in this company.Read more about Steelcase's insider trading history. Previous Next 3.1 Earnings and Valuation Earnings GrowthEarnings for Steelcase are expected to grow by 19.00% in the coming year, from $1.00 to $1.19 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Steelcase is 18.45, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 143.45.Price to Earnings Ratio vs. SectorThe P/E ratio of Steelcase is 18.45, which means that it is trading at a less expensive P/E ratio than the Business Services sector average P/E ratio of about 21.53.Price to Earnings Growth RatioSteelcase has a PEG Ratio of 1.36. PEG Ratios above 1 indicate that a company could be overvalued.Price to Book Value per Share RatioSteelcase has a P/B Ratio of 1.83. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.Read more about Steelcase's valuation and earnings. Previous Next See Top Rated MarketRank™ Stocks Here Ad Unstoppable Prosperity“Generational Bull Run” IncomingLIVE Cash Flow Workshop Event / Hosted Virtually Weds @ 7PM EST Everyone who attends will also receive 3 special FREE Gifts during the event.You can find out what they are by clicking here now. About Steelcase Stock (NYSE:SCS)Steelcase Inc. provides a portfolio of furniture and architectural products and services in the United States and internationally. It operates through Americas and International segments. The company's furniture portfolio includes furniture systems, seating, storage, fixed and height-adjustable desks, benches, and tables, as well as complementary products, such as work accessories, lighting, mobile power, and screens. Its seating products comprise task chairs; seating for collaborative environments and casual settings; and specialty seating for specific vertical markets, including education and healthcare. The company's interior architectural products comprise full and partial height walls and architectural pods. It also provides textiles and surface imaging products for architects and designers; and workplace strategy consulting, lease origination, and furniture and asset management services. The company markets and sells its products to corporate, government, healthcare, education, and retail customers under the Steelcase, AMQ, Coalesse, Designtex, HALCON, Orangebox, Smith System, and Viccarbe brands. It distributes its products and services through a network of independent and company-owned dealers, as well as directly to end-use customers. The company was incorporated in 1912 and is headquartered in Grand Rapids, Michigan.Read More SCS Stock Price History View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart SCS Stock News HeadlinesJuly 26 at 6:22 AM | insidertrades.comDavid C. Sylvester Sells 73,184 Shares of Steelcase Inc. (NYSE:SCS) StockJuly 25 at 7:06 AM | insidertrades.comSteelcase Inc. (NYSE:SCS) CAO Sells $20,895.00 in StockJuly 26, 2024 | Crypto Swap Profits (Ad)625,000% GainImagine swapping your daily coffee expense for a future free of financial worries. It might seem far-fetched, but results like this are within reach with the right knowledge and timing in the altcoin market. Plus, you’ll get $10 in real Bitcoin when you stay to the end of the call and take a short quiz.July 24 at 5:34 AM | insidertrades.comSteelcase Inc. (NYSE:SCS) CAO Sells 15,749 SharesJune 27, 2024 | insidertrades.comDonna K. Flynn Sells 13,310 Shares of Steelcase Inc. (NYSE:SCS) StockJuly 25 at 11:36 PM | finance.yahoo.comInsider Sale: SVP, CFO David Sylvester Sells 75,000 Shares of Steelcase Inc (SCS)July 25 at 8:24 AM | finance.yahoo.comInvesting in Steelcase (NYSE:SCS) a year ago would have delivered you a 67% gainJuly 25 at 5:40 AM | americanbankingnews.comAllan W. Smith, Jr. Sells 70,444 Shares of Steelcase Inc. (NYSE:SCS) StockJuly 26, 2024 | Crypto Swap Profits (Ad)625,000% GainImagine swapping your daily coffee expense for a future free of financial worries. It might seem far-fetched, but results like this are within reach with the right knowledge and timing in the altcoin market. Plus, you’ll get $10 in real Bitcoin when you stay to the end of the call and take a short quiz.July 24 at 9:54 AM | americanbankingnews.comSteelcase Inc. (NYSE:SCS) CAO Nicole Cherie Mcgrath Sells 15,749 SharesJuly 13, 2024 | investorplace.com3 Value Stocks Set for Stratospheric ReturnsJune 25, 2024 | globenewswire.comSteelcase to Webcast Presentation at Noble Investor ConferenceJune 21, 2024 | investing.comSteelcase shares target raised by Benchmark on positive earnings outlookJune 20, 2024 | investorplace.comSCS Stock Earnings: Steelcase Beats EPS, Misses Revenue for Q1 2025June 20, 2024 | seekingalpha.comSteelcase Inc. 2025 Q1 - Results - Earnings Call PresentationJune 20, 2024 | gurufocus.comSteelcase Inc. Q1 Fiscal 2025 Earnings: EPS Meets Expectations, Revenue Slightly Misses, Order ...June 20, 2024 | globenewswire.comSteelcase Reports First Quarter Fiscal 2025 ResultsJune 17, 2024 | globenewswire.comSteelcase to Webcast First Quarter Fiscal 2025 Conference Call - UpdateSee More Headlines Receive SCS Stock News and Ratings via Email Sign-up to receive the latest news and ratings for Steelcase and its competitors with MarketBeat's FREE daily newsletter. Email Address Company Calendar Last Earnings6/20/2024Ex-Dividend for 7/15 Dividend7/03/2024Dividend Payable7/15/2024Today7/26/2024Next Earnings (Estimated)9/17/2024Fiscal Year End2/28/2025Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNYSE SectorBusiness Services Industry Office furniture, except wood Sub-IndustryOffice Services & Supplies Current SymbolNYSE:SCS CUSIP85815520 CIK1050825 Webwww.steelcase.com Phone(616) 247-2710Fax616-475-2270Employees11,300Year Founded1912Price Target and Rating Average Stock Price Target$18.00 High Stock Price Target$18.00 Low Stock Price Target$18.00 Potential Upside/Downside+29.9%Consensus RatingBuy Rating Score (0-4)3.00 Research Coverage1 Analysts Profitability EPS (Most Recent Fiscal Year)$0.76 Trailing P/E Ratio18.24 Forward P/E Ratio13.86 P/E Growth1.36Net Income$81.10 million Net Margins2.89% Pretax Margin3.77% Return on Equity13.66% Return on Assets5.41% Debt Debt-to-Equity Ratio0.51 Current Ratio1.61 Quick Ratio1.15 Sales & Book Value Annual Sales$3.16 billion Price / Sales0.50 Cash Flow$1.74 per share Price / Cash Flow7.98 Book Value$7.65 per share Price / Book1.81Miscellaneous Outstanding Shares114,130,000Free Float99,341,000Market Cap$1.58 billion OptionableOptionable Beta1.34 Social Links 10 Best Stocks to Own in 2024Click the link below and we'll send you MarketBeat's list of the 10 best stocks to own in 2024 and why they should be in your portfolio. Get This Free Report Key ExecutivesMs. Sara E. Armbruster (Age 53)President, CEO & Director Comp: $1.8MMr. David C. Sylvester (Age 59)Senior VP & CFO Comp: $1.12MMr. Robert G. Krestakos (Age 62)VP & COO Comp: $668.01kMs. Lizbeth S. O'Shaughnessy (Age 62)Senior VP, Chief Administrative Officer, General Counsel & Secretary Comp: $827.83kMr. Allan W. Smith Jr. (Age 56)Senior VP, President of Americas & Chief Product Officer Comp: $1.03MMs. Nicole C. Mcgrath (Age 47)VP, Corporate Controller & Chief Accounting Officer Mr. Steven Douglas Miller (Age 49)VP & CTO Mr. Michael O'MearaDirector of Investor Relations & Financial Planning and AnalysisMs. Gale Moutrey (Age 65)Vice President of Global Brand and Corporate Communications Mr. Terrence J. Lenhardt (Age 64)Senior Vice President of Marketing & Customer Verticals More ExecutivesKey CompetitorsHNINYSE:HNIPitney BowesNYSE:PBIInterfaceNASDAQ:TILEACCO BrandsNYSE:ACCONL IndustriesNYSE:NLView All CompetitorsInsiders & InstitutionsBank of New York Mellon CorpBought 60,951 shares on 7/26/2024Ownership: 0.872%David C SylvesterSold 73,184 sharesTotal: $1.01 M ($13.84/share)Nicole Cherie McgrathSold 15,749 sharesTotal: $219,541.06 ($13.94/share)Fifth Third BancorpSold 926,668 shares on 7/22/2024Ownership: 2.926%Allan W Smith JrSold 70,444 sharesTotal: $974,944.96 ($13.84/share)View All Insider TransactionsView All Institutional Transactions SCS Stock Analysis - Frequently Asked Questions How have SCS shares performed this year? Steelcase's stock was trading at $13.52 on January 1st, 2024. Since then, SCS stock has increased by 3.7% and is now trading at $14.02. View the best growth stocks for 2024 here. How were Steelcase's earnings last quarter? Steelcase Inc. (NYSE:SCS) posted its quarterly earnings data on Thursday, June, 20th. The business services provider reported $0.16 earnings per share for the quarter, topping the consensus estimate of $0.10 by $0.06. The business's revenue for the quarter was down 3.3% on a year-over-year basis. What is James P. Keane's approval rating as Steelcase's CEO? 248 employees have rated Steelcase Chief Executive Officer James P. Keane on Glassdoor.com. James P. Keane has an approval rating of 93% among the company's employees. This puts James P. Keane in the top 30% of approval ratings compared to other CEOs of publicly-traded companies. Does Steelcase have any subsidiaries? Steelcase subsidiaries include these companies: Viccarbe Habitat S.L., Orangebox Group, Red Thread, Ultra Group Company, Softcare Innovations, PolyVision Corporation, AF Steelcase S.A., and more. Who are Steelcase's major shareholders? Top institutional shareholders of Steelcase include Douglas Lane & Associates LLC (2.97%), Fifth Third Bancorp (2.93%), Bank of New York Mellon Corp (0.87%) and Thompson Investment Management Inc. (0.24%). Insiders that own company stock include David C Sylvester, Sara E Armbruster, Lizbeth S O'shaughnessy, Peter M Wege II, Allan W Smith Jr, Robert G Krestakos, Donna K Flynn, Jennifer C Niemann and Nicole Cherie Mcgrath. View institutional ownership trends. How do I buy shares of Steelcase? Shares of SCS stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services. Compare Top Brokerages Here. What other stocks do shareholders of Steelcase own? Based on aggregate information from My MarketBeat watchlists, some other companies that Steelcase investors own include Pfizer (PFE), NVIDIA (NVDA), AT&T (T), Exact Sciences (EXAS), Intel (INTC), Micron Technology (MU) and CVS Health (CVS). This page (NYSE:SCS) was last updated on 7/26/2024 by MarketBeat.com Staff From Our Partners625,000% GainImagine swapping your daily coffee expense for a future free of financial worries. It might seem far-fetche...Crypto Swap Profits | Sponsored“Generational Bull Run” IncomingLIVE Cash Flow Workshop Event / Hosted Virtually Weds @ 7PM EST Everyone who attends will also receive 3 sp...Unstoppable Prosperity | SponsoredThis student turned $1,300 into $45,000 in just 4 Months!With the help of S.A.M. 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