Steelcase (SCS) Stock Forecast, Price & News

Steelcase (NYSE:SCS) Frequently Asked Questions

Are investors shorting Steelcase?

Steelcase saw a increase in short interest in the month of May. As of May 15th, there was short interest totaling 3,870,000 shares, an increase of 33.4% from the April 30th total of 2,900,000 shares. Based on an average trading volume of 781,900 shares, the days-to-cover ratio is currently 4.9 days. Currently, 4.8% of the company's shares are short sold.
View Steelcase's Short Interest.

When is Steelcase's next earnings date?

Steelcase is scheduled to release its next quarterly earnings announcement on Wednesday, June 22nd 2022.
View our earnings forecast for Steelcase.

How were Steelcase's earnings last quarter?

Steelcase Inc. (NYSE:SCS) announced its earnings results on Wednesday, March, 23rd. The business services provider reported ($0.02) earnings per share (EPS) for the quarter. The business services provider had revenue of $753.10 million for the quarter, compared to analyst estimates of $751.68 million. Steelcase had a net margin of 0.14% and a trailing twelve-month return on equity of 0.45%. Steelcase's revenue was up 11.2% on a year-over-year basis. During the same period last year, the firm earned $0.06 earnings per share.
View Steelcase's earnings history.

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

Steelcase declared a quarterly dividend on Wednesday, March 23rd. Stockholders of record on Monday, April 4th will be paid a dividend of $0.145 per share on Thursday, April 14th. This represents a $0.58 annualized dividend and a yield of 4.84%. The ex-dividend date is Friday, April 1st.
View Steelcase's dividend history.

Is Steelcase a good dividend stock?

Steelcase pays an annual dividend of $0.58 per share and currently has a dividend yield of 4.94%. SCS has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. Steelcase does not yet have a strong track record of dividend growth. The dividend payout ratio of Steelcase is 1,933.98%. Payout ratios above 75% are not desirable because they may not be sustainable.
View Steelcase's dividend history.

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

Steelcase issued an update on its FY 2023 earnings guidance on Wednesday, April, 20th. The company provided earnings per share (EPS) guidance of $0.500-$0.700 for the period, compared to the consensus estimate of $0.610. The company issued revenue guidance of -.

Who are Steelcase's key executives?

Steelcase's management team includes the following people:

• Ms. Sara E. Armbruster, Pres, CEO & Director (Age 51, Pay $688.98k)
• Mr. David C. Sylvester, Sr. VP, Principal Accounting Officer & CFO (Age 57, Pay $1.02M)
• Ms. Lizbeth S. O'Shaughnessy, Sr. VP, Chief Admin. Officer, Gen. Counsel & Sec. (Age 60, Pay $784.76k)
• Mr. Allan W. Smith Jr., Sr. VP & Chief Revenue Officer (Age 54, Pay $603.66k)
• Mr. Robert G. Krestakos, VP of Global Operations (Age 60)
• Mr. Steve Douglas Miller, VP & Chief Technology Officer
• Mr. Michael O'Meara, Director of Investor Relations & Financial Planning and Analysis
• Mr. Ulrich Hans Eberhard Gwinner, Pres of Asia Pacific (Age 58)
• Mr. Guillaume M. Alvarez, Sr. VP of EMEA (Age 62)
• Mr. Eddy F. Schmitt, Sr. VP of Americas (Age 50)

What is James P. Keane's approval rating as Steelcase's CEO?

248 employees have rated Steelcase CEO James P. Keane on Glassdoor.com. James P. Keane has an approval rating of 93% among Steelcase's employees. This puts James P. Keane in the top 30% of approval ratings compared to other CEOs of publicly-traded companies.

Who are some of Steelcase's key competitors?

Some companies that are related to Steelcase include Avery Dennison (AVY), MSA Safety (MSA), HNI (HNI), Interface (TILE), Pitney Bowes (PBI), ACCO Brands (ACCO), NL Industries (NL), Kimball International (KBAL), CompX International (CIX) and ARC Document Solutions (ARC).
View all of SCS's competitors.

What other stocks do shareholders of Steelcase own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Steelcase investors own include Pfizer (PFE), NVIDIA (NVDA), AT&T (T), Exact Sciences (EXAS), Intel (INTC), Micron Technology (MU), CVS Health (CVS), General Electric (GE), Gilead Sciences (GILD) and Steel Dynamics (STLD).

What is Steelcase's stock symbol?

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

Who are Steelcase's major shareholders?

Steelcase's stock is owned by many different retail and institutional investors. Top institutional investors include Pzena Investment Management LLC (7.04%), BlackRock Inc. (7.04%), Earnest Partners LLC (6.80%), Vanguard Group Inc. (6.09%), Dimensional Fund Advisors LP (3.69%) and Cooke & Bieler LP (3.16%). Company insiders that own Steelcase stock include Eddy F Schmitt, Guillaume M Alvarez, Jennifer C Niemann, Kate P Wolters and Robert G Krestakos.
View institutional ownership trends for Steelcase.

Which institutional investors are selling Steelcase stock?

SCS stock was sold by a variety of institutional investors in the last quarter, including Vanguard Group Inc., JPMorgan Chase & Co., BNP Paribas Arbitrage SA, State Street Corp, Northern Trust Corp, Earnest Partners LLC, Cooke & Bieler LP, and UBS Group AG. Company insiders that have sold Steelcase company stock in the last year include Guillaume M Alvarez, Jennifer C Niemann, and Kate P Wolters.
View insider buying and selling activity for Steelcase or view top insider-selling stocks.

Which institutional investors are buying Steelcase stock?

SCS stock was bought by a variety of institutional investors in the last quarter, including Pzena Investment Management LLC, Invesco Ltd., Russell Investments Group Ltd., Victory Capital Management Inc., Easterly Investment Partners LLC, BlackRock Inc., Advisors Asset Management Inc., and Douglas Lane & Associates LLC.
View insider buying and selling activity for Steelcase or or view top insider-buying stocks.

How do I buy shares of Steelcase?

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

What is Steelcase's stock price today?

One share of SCS stock can currently be purchased for approximately $11.98.

How much money does Steelcase make?

Steelcase has a market capitalization of $1.35 billion and generates $2.77 billion in revenue each year. The business services provider earns $4 million in net income (profit) each year or $0.029990 on an earnings per share basis.

How many employees does Steelcase have?

Steelcase employs 11,800 workers across the globe.

Does Steelcase have any subsidiaries?

The following companies are subsidiares of Steelcase: AF Steelcase S.A., AMQ Solutions LLC, Orangebox Group, PolyVision Corporation, Red Thread, Red Thread Spaces LLC, Smith System Manufacturing Company, Softcare Innovations, Steelcase AG, Steelcase Asia Pacific Limited, Steelcase Canada Limited, Steelcase Czech Republic s.r.o., Steelcase Financial Services Inc., Steelcase Furniture (Dongguan) Company Limited, Steelcase Limited, Steelcase Manufacturing Sdn. Bhd., Steelcase SAS, Steelcase Trading (Shanghai) Co., Ultra Group Company, and Viccarbe Habitat S.L..

When was Steelcase founded?

Steelcase was founded in 1912.

What is Steelcase's official website?

The official website for Steelcase is www.steelcase.com.

How can I contact Steelcase?

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, via email at [email protected], or via fax at 616-475-2270.