NYSE:SCS Steelcase (SCS) Stock Price, News & Analysis → His win rate puts Warren Buffett to shame… (From Investing Daily) (Ad) Free SCS Stock Alerts $12.07 +0.15 (+1.26%) (As of 04/26/2024 08:53 PM ET) Add Compare Share Share Today's Range$11.95▼$12.1550-Day Range$11.82▼$13.7452-Week Range$6.39▼$14.54Volume459,900 shsAverage Volume797,528 shsMarket Capitalization$1.38 billionP/E Ratio17.75Dividend Yield3.31%Price Target$11.00 Stock AnalysisStock AnalysisAnalyst ForecastsChartCompetitorsDividendEarningsFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestSocial MediaSustainabilityStock AnalysisAnalyst ForecastsChartCompetitorsDividendEarningsFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestSocial MediaSustainability Get Steelcase alerts: Email Address Steelcase MarketRank™ Stock AnalysisAnalyst Rating0.00 Rating ScoreUpside/Downside8.9% Downside$11.00 Price TargetShort InterestBearish4.01% of Float Sold ShortDividend StrengthModerateBased on Four FactorsSustainability-1.87Upright™ Environmental ScoreNews Sentiment0.00Based on 3 Articles This WeekInsider TradingSelling Shares$50,440 Sold Last QuarterProj. Earnings Growth21.74%From $0.92 to $1.12 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.2.52 out of 5 starsIndustrials Sector15th out of 24 stocksBusiness Equipment & Supplies Industry1st out of 1 stocks 0.0 Analyst's Opinion Amount of Analyst CoverageSteelcase has received no research coverage in the past 90 days. Previous Next 2.0 Short Interest Percentage of Shares Shorted4.01% of the float of Steelcase has been sold short.Short Interest Ratio / Days to CoverSteelcase has a short interest ratio ("days to cover") of 4.2.Change versus previous monthShort interest in Steelcase has recently increased by 33.99%, indicating that investor sentiment is decreasing significantly. Previous Next 2.5 Dividend Strength Dividend YieldSteelcase pays a meaningful dividend of 3.31%, 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 58.82%. This payout ratio is at a healthy, sustainable level, below 75%.Dividend SustainabilityBased on earnings estimates, Steelcase will have a dividend payout ratio of 35.71% next year. This indicates that Steelcase will be able to sustain or increase its 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 0.0 News and Social Media Coverage News Coverage This WeekMarketBeat has tracked 3 news articles for Steelcase this week, compared to 4 articles on an average week.Search InterestOnly 2 people have searched for SCS on MarketBeat in the last 30 days. This is a decrease of -78% 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 $50,440.00 in company stock.Percentage Held by Insiders12.72% 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. Previous Next 3.1 Earnings and Valuation Earnings GrowthEarnings for Steelcase are expected to grow by 21.74% in the coming year, from $0.92 to $1.12 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Steelcase is 17.75, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 141.42.Price to Earnings Ratio vs. SectorThe P/E ratio of Steelcase is 17.75, which means that it is trading at a less expensive P/E ratio than the Industrials sector average P/E ratio of about 390.36.Price to Earnings Growth RatioSteelcase has a PEG Ratio of 1.31. PEG Ratios above 1 indicate that a company could be overvalued.Price to Book Value per Share RatioSteelcase has a P/B Ratio of 1.56. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities. Previous Next See Top Rated MarketRank™ Stocks Here Ad Investing DailyHis win rate puts Warren Buffett to shame… Not long ago I joined Phil Ash for a private one-on-one interview. And during our time together I pulled the covers of my investing system that’s delivered 779 winners and 43,509% total profits since November of 2015… Without a single loss.Click here now for the full story. 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 HeadlinesApril 24, 2024 | investorplace.com3 Stocks That Wall Street Is Quietly Snapping Up Right NowApril 18, 2024 | nasdaq.comSteelcase Enters Oversold TerritoryApril 29, 2024 | Investing Daily (Ad)His win rate puts Warren Buffett to shame… Not long ago I joined Phil Ash for a private one-on-one interview. And during our time together I pulled the covers of my investing system that’s delivered 779 winners and 43,509% total profits since November of 2015… Without a single loss.April 14, 2024 | finance.yahoo.comIs Steelcase Inc.'s (NYSE:SCS) Stock On A Downtrend As A Result Of Its Poor Financials?April 11, 2024 | investorplace.comThe 3 Most Undervalued Stocks to Buy for Skyrocketing RichesApril 3, 2024 | investorplace.comThe 7 Most Undervalued Stocks Under $20 to Buy in April 2024April 1, 2024 | msn.comHerman Miller vs SteelcaseMarch 31, 2024 | investorplace.comApril Showers Bring Market Powers: 7 Stocks to Snatch Up This SpringApril 29, 2024 | Investing Daily (Ad)His win rate puts Warren Buffett to shame… Not long ago I joined Phil Ash for a private one-on-one interview. And during our time together I pulled the covers of my investing system that’s delivered 779 winners and 43,509% total profits since November of 2015… Without a single loss.March 28, 2024 | finance.yahoo.comSteelcase Inc. (NYSE:SCS) Is About To Go Ex-Dividend, And It Pays A 3.1% YieldMarch 26, 2024 | investorplace.comThe Rate Drop Jackpot: 3 Stocks to Snag on the Next Fed CutMarch 25, 2024 | finance.yahoo.comSteelcase's (NYSE:SCS) Dividend Will Be $0.10March 25, 2024 | msn.comAvoid These Losers: FIVE, FDS, SCS, and MoreMarch 22, 2024 | insidermonkey.comSteelcase Inc. (NYSE:SCS) Q4 2024 Earnings Call TranscriptMarch 22, 2024 | benzinga.comLatest News for Steelcase Stock (NYSE:SCS)March 22, 2024 | finance.yahoo.comQ4 2024 Steelcase Inc Earnings CallMarch 21, 2024 | marketwatch.comSteelcase Shares Fall 8.6% After 4Q Results, FY GuidanceMarch 21, 2024 | msn.comSteelcase declares $0.10 dividendMarch 21, 2024 | fool.comWhy Steelcase Stock Is Down TodayMarch 21, 2024 | seekingalpha.comSteelcase Inc. 2024 Q4 - Results - Earnings Call PresentationMarch 20, 2024 | investorplace.comSCS Stock Earnings: Steelcase Beats EPS, Misses Revenue for Q4 2024March 20, 2024 | finance.yahoo.comSteelcase Inc (SCS) Reports Robust Earnings Growth in Fiscal 2024March 20, 2024 | globenewswire.comSteelcase Reports Fourth Quarter and Fiscal 2024 ResultsMarch 19, 2024 | seekingalpha.comSteelcase Q4 2024 Earnings PreviewMarch 19, 2024 | benzinga.comEarnings Outlook For SteelcaseMarch 19, 2024 | msn.comCompetition: win a Steelcase Karman office chairMarch 9, 2024 | investorplace.comThe 3 Best-Kept Secrets on Wall Street to Invest In NowSee 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 Earnings3/20/2024Ex-Dividend for 4/15 Dividend4/02/2024Dividend Payable4/15/2024Today4/28/2024Next Earnings (Estimated)6/19/2024Fiscal Year End2/28/2025Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNYSE SectorIndustrials Industry Business Equipment & Supplies 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$11.00 High Stock Price Target$11.00 Low Stock Price Target$11.00 Potential Upside/Downside-8.9%Consensus Rating Rating Score (0-4)0.00 Research Coverage0 Analysts Profitability EPS (Most Recent Fiscal Year)$0.68 Trailing P/E Ratio17.75 Forward P/E Ratio13.12 P/E Growth1.31Net Income$81.10 million Net Margins2.57% Pretax Margin3.39% Return on Equity12.87% Return on Assets5.04% Debt Debt-to-Equity Ratio0.50 Current Ratio1.58 Quick Ratio1.20 Sales & Book Value Annual Sales$3.16 billion Price / Sales0.44 Cash Flow$1.70 per share Price / Cash Flow7.09 Book Value$7.73 per share Price / Book1.56Miscellaneous Outstanding Shares114,730,000Free Float100,135,000Market Cap$1.38 billion OptionableOptionable Beta1.35 Social Links 10 Best Cheap Stocks to Buy NowMarketBeat just released its list of 10 cheap stocks that have been overlooked by the market and may be seriously undervalued. Click the link below to see which companies made the list.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:HNICipher MiningNASDAQ:CIFRMatterportNASDAQ:MTTRNV5 GlobalNASDAQ:NVEEAvePointNASDAQ:AVPTView All CompetitorsInsiders & InstitutionsFifth Third BancorpSold 73,960 shares on 4/23/2024Ownership: 3.718%Diversified Trust CoSold 18,482 shares on 4/18/2024Ownership: 0.024%Allspring Global Investments Holdings LLCBought 12,579 shares on 4/18/2024Ownership: 0.011%Hennion & Walsh Asset Management Inc.Bought 15,366 shares on 4/17/2024Ownership: 0.013%Thompson Investment Management Inc.Sold 10,453 shares on 4/15/2024Ownership: 0.241%View All Insider TransactionsView All Institutional Transactions SCS Stock Analysis - Frequently Asked Questions What is Steelcase's stock price target for 2024? 0 analysts have issued 1 year target prices for Steelcase's stock. Their SCS share price targets range from $11.00 to $11.00. On average, they expect the company's share price to reach $11.00 in the next twelve months. This suggests that the stock has a possible downside of 8.9%. View analysts price targets for SCS or view top-rated stocks among Wall Street analysts. How have SCS shares performed in 2024? Steelcase's stock was trading at $13.52 on January 1st, 2024. Since then, SCS shares have decreased by 10.7% and is now trading at $12.07. View the best growth stocks for 2024 here. Are investors shorting Steelcase? Steelcase saw a increase in short interest during the month of April. As of April 15th, there was short interest totaling 3,390,000 shares, an increase of 34.0% from the March 31st total of 2,530,000 shares. Based on an average trading volume of 806,200 shares, the short-interest ratio is currently 4.2 days. Currently, 4.0% of the company's stock are short sold. View Steelcase's Short Interest. When is Steelcase's next earnings date? The company is scheduled to release its next quarterly earnings announcement on Wednesday, June 19th 2024. View our SCS earnings forecast. How were Steelcase's earnings last quarter? Steelcase Inc. (NYSE:SCS) issued its quarterly earnings data on Wednesday, March, 20th. The business services provider reported $0.23 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.21 by $0.02. The business services provider earned $775.20 million during the quarter, compared to the consensus estimate of $780.25 million. Steelcase had a trailing twelve-month return on equity of 12.87% and a net margin of 2.57%. The firm's quarterly revenue was down 3.3% on a year-over-year basis. During the same quarter in the prior year, the firm posted $0.19 earnings per share. How often does Steelcase pay dividends? What is the dividend yield for Steelcase? Steelcase declared a quarterly dividend on Wednesday, March 20th. Stockholders of record on Wednesday, April 3rd will be given a dividend of $0.10 per share on Monday, April 15th. This represents a $0.40 dividend on an annualized basis and a yield of 3.31%. The ex-dividend date is Tuesday, April 2nd. Read our dividend analysis for SCS. Is Steelcase a good dividend stock? Steelcase (NYSE:SCS) pays an annual dividend of $0.40 per share and currently has a dividend yield of 3.31%. The dividend payout ratio is 58.82%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, SCS will have a dividend payout ratio of 35.71% next year. This indicates that the company will be able to sustain or increase its dividend. Read our dividend analysis for SCS. What ETFs hold Steelcase's stock? ETFs with the largest weight of Steelcase (NYSE:SCS) stock in their portfolio include Cultivar ETF (CVAR), AXS Green Alpha ETF (NXTE), Hypatia Women CEO ETF (WCEO), Hartford Multifactor Small Cap ETF (ROSC), Invesco Russell 2000 Dynamic Multifactor ETF (OMFS) and EA Bridgeway Omni Small-Cap Value ETF (BSVO).Royce Quant Small-Cap Quality Value ETF (SQLV). What guidance has Steelcase issued on next quarter's earnings? Steelcase updated its first quarter 2025 earnings guidance on Wednesday, March, 20th. The company provided earnings per share guidance of 0.080-0.120 for the period, compared to the consensus estimate of 0.100. The company issued revenue guidance of $715.0 million-$740.0 million, compared to the consensus revenue estimate of $741.2 million. 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. 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). Who are Steelcase's major shareholders? Steelcase's stock is owned by a variety of institutional and retail investors. Top institutional investors include Fifth Third Bancorp (3.72%), Douglas Lane & Associates LLC (3.11%), Thompson Investment Management Inc. (0.24%), Green Alpha Advisors LLC (0.14%), First Hawaiian Bank (0.07%) and S.A. Mason LLC (0.04%). Insiders that own company stock include David C Sylvester, Guillaume M Alvarez, Jennifer C Niemann, Kate P Wolters, Lizbeth S O'shaughnessy, Nicole Cherie Mcgrath, Peter M Wege II, Robert G Krestakos and Sara E Armbruster. 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. 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..Read More This page (NYSE:SCS) was last updated on 4/29/2024 by MarketBeat.com Staff From Our PartnersConflict In Israel Sends Gold Soaring ???? Here’s How To Get Your ShareColonial MetalsHis win rate puts Warren Buffett to shame… Investing DailyHe Is Giving Away BitcoinCrypto Swap ProfitsThis AI Trade Machine Made 1,729%* (With 89% Wins)Prosper Trading AcademyThe A.I. story nobody is telling you (Read ASAP)TradeSmithBiden out June 13; Kamala won’t replace him?Paradigm PressGreat Crypto BullWeiss RatingsMan Who Predicted 2008: “This Will be Worse.”Altimetry Adding Choose a watchlist: Watchlist Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat All Access to add more stocks to your watchlist. Adding Steelcase Inc. Please log in to your account or sign up in order to add this asset to your watchlist. Get 30 Days of MarketBeat All Access Free Sign up for MarketBeat All Access to gain access to MarketBeat's full suite of research tools: Best-in-Class Portfolio Monitoring View the latest news, buy/sell ratings, SEC filings and insider transactions for your stocks. Compare your portfolio performance to leading indices and get personalized stock ideas based on your portfolio. Stock Ideas and Recommendations Get daily stock ideas from top-performing Wall Street analysts. Get short term trading ideas from the MarketBeat Idea Engine. View which stocks are hot on social media with MarketBeat's trending stocks report. Advanced Stock Screeners and Research Tools Identify stocks that meet your criteria using seven unique stock screeners. See what's happening in the market right now with MarketBeat's real-time news feed. Export data to Excel for your own analysis. Start Your 30-Day Free Trial Sign in to your free account to enjoy these benefits In-depth profiles and analysis for 20,000 public companies. Real-time analyst ratings, insider transactions, earnings data, and more. Our daily ratings and market update email newsletter. Sign in to your free account to enjoy all that MarketBeat has to offer. Sign In Create Account Your Email Address: Email Address Required Your Password: Password Required or Sign in with Facebook Sign in with Google Forgot your password? Your Email Address: Please enter your email address. Please enter a valid email address Choose a Password: Please enter your password. Your password must be at least 8 characters long and contain at least 1 number, 1 letter, and 1 special character. Create My Account (Free) or Sign in with Facebook Sign in with Google By creating a free account, you agree to our terms of service. This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.