Steelcase Inc manufactures and sells integrated furniture settings, user-centered technologies, and interior architectural products. It operates through Americas, EMEA, and Other Category segments. The company's furniture portfolio includes panel, fence and beam-based furniture systems, storage products, fixed and height-adjustable desks, benches, and tables, as well as complementary products, including worktools.
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Industry, Sector and Symbol
Industry Office furniture, except wood
Sub-IndustryOffice Services & Supplies
SectorBusiness Services
Phone616-247-2710
Debt
Price-To-Earnings
Sales & Book Value
Annual Sales$3.44 billion
Profitability
Miscellaneous
Employees12,700
Next Earnings Date12/17/2019 (Estimated)
OptionableOptionable
Steelcase (NYSE:SCS) Frequently Asked Questions
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 declared a quarterly dividend on Thursday, September 19th. Investors of record on Monday, September 30th will be given a dividend of $0.145 per share on Monday, October 14th. This represents a $0.58 dividend on an annualized basis and a dividend yield of 3.20%. The ex-dividend date is Friday, September 27th. View Steelcase's Dividend History.
How were Steelcase's earnings last quarter?
Steelcase Inc. (NYSE:SCS) issued its earnings results on Friday, September, 20th. The business services provider reported $0.50 earnings per share (EPS) for the quarter, beating the Thomson Reuters' consensus estimate of $0.43 by $0.07. The business services provider earned $998 million during the quarter, compared to the consensus estimate of $980.87 million. Steelcase had a net margin of 3.80% and a return on equity of 18.13%. The business's revenue was up 14.0% on a year-over-year basis. During the same period last year, the company posted $0.36 EPS. View Steelcase's Earnings History.
When is Steelcase's next earnings date?
What guidance has Steelcase issued on next quarter's earnings?
Steelcase issued an update on its third quarter earnings guidance on Thursday, September, 19th. The company provided earnings per share guidance of $0.33-0.37 for the period, compared to the Thomson Reuters consensus EPS estimate of $0.35. The company issued revenue guidance of $920-945 million, compared to the consensus revenue estimate of $940.77 million.
What price target have analysts set for SCS?
2 brokerages have issued twelve-month target prices for Steelcase's stock. Their predictions range from $23.00 to $23.00. On average, they expect Steelcase's stock price to reach $23.00 in the next year. This suggests a possible upside of 26.8% from the stock's current price. View Analyst Price Targets for Steelcase.
What is the consensus analysts' recommendation 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." View Analyst Ratings for Steelcase.
Has Steelcase been receiving favorable news coverage?
News headlines about SCS stock have been trending somewhat positive this week, according to InfoTrie Sentiment. InfoTrie scores the sentiment of news coverage by analyzing more than six thousand blog and news sources in real-time. The firm ranks coverage of public companies on a scale of negative five to positive five, with scores closest to five being the most favorable. Steelcase earned a media sentiment score of 0.8 on InfoTrie's scale. They also gave media coverage about the business services provider a news buzz of 0.0 out of 10, indicating that recent news coverage is extremely unlikely to have an effect on the stock's share price in the near future. View News Stories for Steelcase.
Are investors shorting Steelcase?
Steelcase saw a increase in short interest in September. As of September 15th, there was short interest totalling 1,530,000 shares, an increase of 11.7% from the August 15th total of 1,370,000 shares. Based on an average daily trading volume, of 691,900 shares, the days-to-cover ratio is currently 2.2 days. Approximately 1.8% of the company's shares are short sold. View Steelcase's Current Options Chain.
Who are some of Steelcase's key competitors?
Some companies that are related to Steelcase include Worldline (WWLNF), Interpublic Group of Companies (IPG), SMITHS GRP PLC/S (SMGZY), DCC (DCCPF), Genpact (G), Nielsen (NLSN), Morningstar (MORN), WARTSILA OYJ/ADR (WRTBY), Robert Half International (RHI), Alliance Data Systems (ADS), INGENICO/ADR (INGIY), Elastic (ESTC), JCDecaux (JCDXF), ManpowerGroup (MAN) and GDS (GDS).
What other stocks do shareholders of Steelcase own?
Who are Steelcase's key executives?
Steelcase's management team includes the folowing people:
- Mr. James P. Keane, Pres, CEO & Director (Age 60)
- Mr. David C. Sylvester, CFO & Sr. VP (Age 54)
- Ms. Sara E. Armbruster, VP of Strategy of Research & Digital Transformation (Age 48)
- Ms. Lizbeth S. O'Shaughnessy, Chief Admin. Officer, Sr. VP, Gen. Counsel & Sec. (Age 57)
- Mr. Eddy F. Schmitt, Sr. VP of Americas (Age 47)
Who are Steelcase's major shareholders?
Steelcase's stock is owned by many different of institutional and retail investors. Top institutional shareholders include North Star Investment Management Corp. (0.07%), Envestnet Asset Management Inc. (0.06%), Zhang Financial LLC (0.03%), Campbell & CO Investment Adviser LLC (0.03%), Bailard Inc. (0.02%) and Nisa Investment Advisors LLC (0.01%). Company insiders that own Steelcase stock include Allan W Smith Jr, David C Sylvester, Eddy F Schmitt, James N Ludwig, James P Keane, Jennifer C Niemann, Lizbeth S O'shaughnessy, P Craig Welch Jr, Peter M Wege II, Robert C Pew III and Sara E Armbruster. 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 Meeder Asset Management Inc. and Zhang Financial LLC. Company insiders that have sold Steelcase company stock in the last year include Allan W Smith Jr, David C Sylvester, Eddy F Schmitt, James P Keane, Jennifer C Niemann, Lizbeth S O'shaughnessy, P Craig Welch Jr, Peter M Wege II, Robert C Pew III and Sara E Armbruster. View Insider Buying and Selling for Steelcase.
Which institutional investors are buying Steelcase stock?
SCS stock was bought by a variety of institutional investors in the last quarter, including Campbell & CO Investment Adviser LLC, Envestnet Asset Management Inc., Nisa Investment Advisors LLC, North Star Investment Management Corp. and Bailard Inc.. View Insider Buying and Selling for Steelcase.
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 Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity and Charles Schwab.
What is Steelcase's stock price today?
One share of SCS stock can currently be purchased for approximately $18.14.
How big of a company is Steelcase?
Steelcase has a market capitalization of $2.12 billion and generates $3.44 billion in revenue each year. The business services provider earns $126 million in net income (profit) each year or $1.20 on an earnings per share basis. Steelcase employs 12,700 workers across the globe.View Additional Information About Steelcase.
What is Steelcase's official website?
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 or via email at [email protected]
MarketBeat Community Rating for Steelcase (NYSE SCS)
MarketBeat's community ratings are surveys of what our community members think about Steelcase and other stocks. Vote "Outperform" if you believe SCS will outperform the S&P 500 over the long term. Vote "Underperform" if you believe SCS will underperform the S&P 500 over the long term. You may vote once every thirty days.
