Top MarketRank™ StocksTop MarketRank™NYSE:SCS Steelcase (SCS) Stock Price, News & Analysis $13.25 +0.04 (+0.30%) (As of 09/27/2024 08:51 PM ET) Add Compare Share Share Stock Analysis Stock AnalysisAnalyst ForecastsChartCompetitorsDividendEarningsFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestSustainabilityTrends Get Steelcase alerts: Email Address About Steelcase Stock (NYSE:SCS) 30 days 90 days 365 days Advanced Chart View Price History Chart DataSkip Price History Chart Get Steelcase alerts:Sign Up Key Stats Today's Range$13.22▼$13.5450-Day Range$12.27▼$14.4952-Week Range$10.29▼$14.74Volume437,200 shsAverage Volume714,752 shsMarket Capitalization$1.51 billionP/E Ratio17.43Dividend Yield3.02%Price Target$18.00Consensus RatingBuy Company OverviewSteelcase 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… Most people would never touch this orange powder… would you? (Ad)At first glance, it looks like some ordinary “orange” powder… But in reality, it is a scientific breakthrough in energy technology. One that could wipe out fossil fuel, coal, and even the “glorified” renewable energy in just a few years. And right now, governments, institutions, and the elites are jumping on this resource at record pace to the point where we’re starting to run out. The question is… Why are the top 1% piling in this much?Well, all the answers you need are right here Steelcase Stock Analysis - MarketRank™See Top Rated MarketRank™ Stocks100th Percentile Overall ScoreSCS MarketRank™: Steelcase scored higher than 100% of companies evaluated by MarketBeat, and ranked 2nd out of 356 stocks in the business services sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation. Analyst's Opinion3.5 / 5Analyst RatingBuy 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 received no research coverage in the past 90 days.Read more about Steelcase's stock forecast and price target. Earnings and Valuation3.1 / 5Proj. Earnings Growth16.67% Earnings GrowthEarnings for Steelcase are expected to grow by 16.67% in the coming year, from $1.02 to $1.19 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Steelcase is 17.43, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 129.76.Price to Earnings Ratio vs. SectorThe P/E ratio of Steelcase is 17.43, which means that it is trading at a less expensive P/E ratio than the Business Services sector average P/E ratio of about 38.61.Price to Earnings Growth RatioSteelcase has a PEG Ratio of 1.29. PEG Ratios above 1 indicate that a company could be overvalued.Price to Book Value per Share RatioSteelcase has a P/B Ratio of 1.62. 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. Short Interest5.0 / 5Short Interest LevelHealthy Percentage of Shares Shorted3.01% of the float of Steelcase has been sold short.Short Interest Ratio / Days to CoverSteelcase has a short interest ratio ("days to cover") of 3.8, which is generally considered an acceptable ratio of short interest to trading volume.Change versus previous monthShort interest in Steelcase has recently decreased by 11.68%, indicating that investor sentiment is improving significantly. Dividend2.5 / 5Dividend StrengthModerate Dividend YieldSteelcase pays a meaningful dividend of 3.03%, 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. Sustainability and ESG2.0 / 5Environmental Score-1.87 Percentage of Shares Shorted3.01% of the float of Steelcase has been sold short.Short Interest Ratio / Days to CoverSteelcase has a short interest ratio ("days to cover") of 3.8, which is generally considered an acceptable ratio of short interest to trading volume.Change versus previous monthShort interest in Steelcase has recently decreased by 11.68%, indicating that investor sentiment is improving significantly. News and Social Media3.0 / 5News Sentiment0.42 News SentimentSteelcase has a news sentiment score of 0.42. 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 0.64 average news sentiment score of Business Services companies.News Coverage This WeekMarketBeat has tracked 7 news articles for Steelcase this week, compared to 4 articles on an average week.Search Interest11 people have searched for SCS on MarketBeat in the last 30 days. This is an increase of 1,000% compared to the previous 30 days.MarketBeat Follows2 people have added Steelcase to their MarketBeat watchlist in the last 30 days. This is an increase of 100% compared to the previous 30 days. Company Ownership3.3 / 5Insider TradingSelling Shares 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 $2,228,248.00 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. 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 SCS Stock News HeadlinesSteelcase Store in Asia Pacific Introduces Steelcase Series™ 1 with CarbonNeutral® Product CertificationSeptember 26, 2024 | finance.yahoo.comSidoti Csr Weighs in on Steelcase Inc.'s Q3 2025 Earnings (NYSE:SCS)September 24, 2024 | americanbankingnews.comMost people would never touch this orange powder… would you? At first glance, it looks like some ordinary “orange” powder… But in reality, it is a scientific breakthrough in energy technology. One that could wipe out fossil fuel, coal, and even the “glorified” renewable energy in just a few years. And right now, governments, institutions, and the elites are jumping on this resource at record pace to the point where we’re starting to run out. The question is… Why are the top 1% piling in this much?September 30, 2024 | DTI (Ad)Steelcase 2024 Impact Report Spotlights New Net-Zero Commitment, Building Community and BelongingSeptember 23, 2024 | prnewswire.comBenchmark Co. Reaffirms Their Buy Rating on Steelcase (SCS)September 21, 2024 | markets.businessinsider.comSteelcase (NYSE:SCS) Shares Gap Down to $14.11September 21, 2024 | americanbankingnews.comSteelcase stock drops as FY25 profit forecast lags estimatesSeptember 20, 2024 | seekingalpha.comSteelcase Inc. (NYSE:SCS) Plans $0.10 Quarterly DividendSeptember 20, 2024 | americanbankingnews.comSee More Headlines SCS Stock Analysis - Frequently Asked Questions How have SCS shares performed this year? Steelcase's stock was trading at $13.52 at the beginning of the year. Since then, SCS stock has decreased by 2.0% and is now trading at $13.25. View the best growth stocks for 2024 here. How were Steelcase's earnings last quarter? Steelcase Inc. (NYSE:SCS) released its earnings results on Wednesday, September, 18th. The business services provider reported $0.39 EPS for the quarter, topping analysts' consensus estimates of $0.37 by $0.02. The business's revenue for the quarter was up .1% compared to the same quarter last year. 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 others. 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). Company Calendar Ex-Dividend for 7/15 Dividend7/03/2024Dividend Payable7/15/2024Last Earnings9/18/2024Today9/30/2024Ex-Dividend for 10/15 Dividend9/30/2024Dividend Payable10/15/2024Next Earnings (Estimated)12/17/2024Fiscal 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+35.8%Consensus RatingBuy Rating Score (0-4)3.00 Research Coverage1 Analysts Profitability EPS (Most Recent Fiscal Year)$0.76 Trailing P/E Ratio17.43 Forward P/E Ratio12.99 P/E Growth1.29Net Income$81.10 million Net Margins4.02% Pretax Margin5.33% Return on Equity14.41% Return on Assets5.79% Debt Debt-to-Equity Ratio0.48 Current Ratio1.62 Quick Ratio1.15 Sales & Book Value Annual Sales$3.14 billion Price / Sales0.48 Cash Flow$1.72 per share Price / Cash Flow7.71 Book Value$8.17 per share Price / Book1.62Miscellaneous Outstanding Shares114,133,000Free Float99,341,000Market Cap$1.51 billion OptionableOptionable Beta1.33 Social Links Metaverse Stocks And Why You Can't Ignore ThemThinking about investing in Meta, Roblox, or Unity? 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