NYSE:SCS - Steelcase Stock Price, Price Target & More

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

Steelcase declared a quarterly dividend on Thursday, June 21st. Shareholders of record on Monday, July 2nd will be given a dividend of $0.135 per share on Tuesday, July 17th. This represents a $0.54 dividend on an annualized basis and a yield of 3.90%. The ex-dividend date of this dividend is Friday, June 29th. View Steelcase's Dividend History.

Steelcase Inc. (NYSE:SCS) issued its quarterly earnings results on Wednesday, June, 20th. The business services provider reported $0.14 earnings per share for the quarter, meeting the consensus estimate of $0.14. The business services provider earned $754 million during the quarter, compared to analysts' expectations of $754.17 million. Steelcase had a net margin of 2.59% and a return on equity of 13.38%. Steelcase's revenue for the quarter was up 2.6% on a year-over-year basis. During the same quarter in the previous year, the business posted $0.15 EPS. View Steelcase's Earnings History.

Steelcase is scheduled to release their next quarterly earnings announcement on Monday, September, 17th 2018. View Earnings Estimates for Steelcase.

Steelcase updated its second quarter earnings guidance on Wednesday, June, 20th. The company provided earnings per share guidance of $0.25-$0.30 for the period, compared to the Thomson Reuters consensus estimate of $0.28. The company issued revenue guidance of $865-$890 million, compared to the consensus revenue estimate of $813.10 million.

2 brokers have issued 12 month price targets for Steelcase's stock. Their predictions range from $16.00 to $16.00. On average, they expect Steelcase's stock price to reach $16.00 in the next year. This suggests a possible upside of 15.5% from the stock's current price. View Analyst Ratings for Steelcase.

2 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Steelcase in the last year. There are currently 2 hold ratings for the stock, resulting in a consensus recommendation of "Hold."

Some companies that are related to Steelcase include Xerox (XRX), Worldline (WWLNF), Morningstar (MORN), Stericycle (SRCL), Genpact (G), ManpowerGroup (MAN), INGENICO/ADR (INGIY), Renishaw (RNSHF), Oc Oerlikon Co. Pfaeffikon (OERLF), Dun & Bradstreet (DNB), HAVAS (HAVSF), Corelogic (CLGX), GDS (GDS), MAXIMUS (MMS) and Green Dot (GDOT).

Media coverage about SCS stock has trended somewhat positive this week, Accern Sentiment Analysis reports. The research group scores the sentiment of news coverage by monitoring more than 20 million news and blog sources in real-time. Accern ranks coverage of publicly-traded companies on a scale of -1 to 1, with scores closest to one being the most favorable. Steelcase earned a news sentiment score of 0.04 on Accern's scale. They also assigned news stories about the business services provider an impact score of 46.93 out of 100, meaning that recent news coverage is somewhat unlikely to have an impact on the stock's share price in the near term.

Steelcase's stock is owned by many different of institutional and retail investors. Top institutional investors include Deprince Race & Zollo Inc. (2.51%), State of Alaska Department of Revenue (0.08%), Cornerstone Wealth Management LLC (0.01%) and Hartford Investment Management Co. (0.01%). Company insiders that own Steelcase stock include Allan W Smith Jr, Jennifer C Niemann, Peter M Wege II and Sara E Armbruster. View Institutional Ownership Trends for Steelcase.

SCS stock was bought by a variety of institutional investors in the last quarter, including Deprince Race & Zollo Inc., State of Alaska Department of Revenue, Cornerstone Wealth Management LLC and Hartford Investment Management Co.. View Insider Buying and Selling for Steelcase.

Shares of SCS can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.

One share of SCS stock can currently be purchased for approximately $13.85.

Steelcase has a market capitalization of $1.62 billion and generates $3.06 billion in revenue each year. The business services provider earns $80.70 million in net income (profit) each year or $0.91 on an earnings per share basis. Steelcase employs 11,700 workers across the globe.

Steelcase's mailing address is 901 44TH STREET SE, GRAND RAPIDS MI, 49508. The business services provider can be reached via phone at 616-247-2710 or via email at [email protected]