Steelcase Inc. (SCS)
| Market Cap | 1.53B |
| Revenue (ttm) | 3.14B |
| Net Income (ttm) | 87.60M |
| Shares Out | 114.13M |
| EPS (ttm) | 0.76 |
| PE Ratio | 17.67 |
| Forward PE | 13.55 |
| Dividend | $0.40 (2.98%) |
| Ex-Dividend Date | Jul 3, 2024 |
| Volume | 396,014 |
| Open | 13.42 |
| Previous Close | 13.34 |
| Day's Range | 13.25 - 13.55 |
| 52-Week Range | 8.66 - 14.74 |
| Beta | 1.31 |
| Analysts | Strong Buy |
| Price Target | 18.00 (+34.23%) |
| Earnings Date | Sep 18, 2024 |
About 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... [Read more]
Financial Performance
In 2023, Steelcase's revenue was $3.16 billion, a decrease of -2.26% compared to the previous year's $3.23 billion. Earnings were $78.00 million, an increase of 129.41%.
Financial StatementsAnalyst Forecast
According to one analyst, the rating for SCS stock is "Strong Buy" and the 12-month stock price forecast is $18.0.
News
Steelcase to Webcast Second Quarter Fiscal 2025 Conference Call
GRAND RAPIDS, Mich., Aug. 29, 2024 (GLOBE NEWSWIRE) -- Steelcase Inc. (NYSE: SCS) will webcast a discussion of its second quarter fiscal year 2025 financial results on Thursday, September 19, 2024 at ...
Steelcase and the Frank Lloyd Wright Foundation Launch Rockford and Galesburg Collections
The collections reintroduce and reinterpret the architect's mid-century Usonian designs with fine modern furniture for home and the workplace. GRAND RAPIDS, Mich.
Steelcase to Webcast Presentation at Noble Investor Conference
GRAND RAPIDS, Mich., June 25, 2024 (GLOBE NEWSWIRE) -- Steelcase Inc. (NYSE: SCS) announces that Dave Sylvester, Senior Vice President, Chief Financial Officer and Michael O'Meara, Director, Investor ...
Steelcase Inc. (SCS) Q1 2025 Earnings Call Transcript
Steelcase Inc. (NYSE:SCS) Q1 2025 Earnings Conference Call June 20, 2024 8:30 AM ET Company Participants Mike O'Meara - Investor Relations Sara Armbruster - President & Chief Executive Officer Dave S...
Steelcase Reports First Quarter Fiscal 2025 Results
GRAND RAPIDS, Mich., June 20, 2024 (GLOBE NEWSWIRE) -- Steelcase Inc. (NYSE: SCS) today reported first quarter revenue of $727.3 million, net income of $10.9 million, or $0.09 per share, and adjusted ...
Steelcase to Webcast First Quarter Fiscal 2025 Conference Call - Update
GRAND RAPIDS, Mich., June 17, 2024 (GLOBE NEWSWIRE) -- Steelcase Inc. (NYSE: SCS) will webcast a discussion of its first quarter fiscal year 2025 financial results on Thursday, June 20, 2024 at 8:30 a...
How To Earn $500 A Month From Steelcase Stock Ahead Of Q1 Earnings Report
Steelcase Inc. SCS is set to release earnings results for its first quarter, after the closing bell on Wednesday.
Steelcase and Logitech Introduce Extended Reality Experience Ocular™ View
Leaders in hybrid collaboration and technology create more realistic virtual connections for better meetings in the office. GRAND RAPIDS, MIich.
Steelcase Commits to a Net-Zero Future by 2050
Company unveils its industry-first transition plan to cut carbon emissions over 90% throughout its value chain. GRAND RAPIDS, Mich.
Steelcase to Webcast First Quarter Fiscal 2025 Conference Call
GRAND RAPIDS, Mich., May 30, 2024 (GLOBE NEWSWIRE) -- Steelcase Inc. (NYSE: SCS) will webcast a discussion of its first quarter fiscal year 2025 financial results on Thursday, June 20, 2024 at 8:30 a....
Steelcase Inc. (SCS) Q4 2024 Earnings Call Transcript
Steelcase Inc. (SCS) Q4 2024 Earnings Call Transcript
Steelcase Reports Fourth Quarter and Fiscal 2024 Results
GRAND RAPIDS, Mich., March 20, 2024 (GLOBE NEWSWIRE) -- Steelcase Inc. (NYSE: SCS) today reported fourth quarter revenue of $775.2 million, net income of $21.3 million, or $0.18 per share, and adjuste...
Steelcase: A Challenging Turnaround Case
Steelcase is undergoing a turnaround, with minimal revenue growth and declining returns over the past 11 years. The office furniture sector is not a high-growth industry, but Steelcase has managed to ...
Steelcase to Webcast Fourth Quarter and Fiscal 2024 Conference Call
GRAND RAPIDS, Mich., Feb. 29, 2024 (GLOBE NEWSWIRE) -- Steelcase Inc. (NYSE: SCS) will webcast a discussion of its fourth quarter and fiscal year 2024 financial results on Thursday, March 21, 2024 at ...
Steelcase Earns Top Score in Industry for Climate Change Disclosure From CDP
Ranking in the top 5% of 23,000+ participating companies, the organization has earned an A- for disclosing its best practice environmental strategy and actions. GRAND RAPIDS, Mich.
Steelcase Recognized as One of the World's Most Admired Companies by FORTUNE®, Named First in Home Equipment and Furnishings Category
GRAND RAPIDS, Mich. , Feb. 1, 2024 /PRNewswire/ -- Steelcase (NYSE: SCS) has been named among the world's leading brands on the FORTUNE® 2024 World's Most Admired Companies list for the 18th year and ...
Steelcase: Improving Profits And Strong Cash Flow Generation (Rating Upgrade)
Steelcase Inc. stock has increased by 105.69% in the past year but is still below historic levels. The company's Q3 earnings per share beat expectations by $0.70, but revenue fell short. Steelcase has...
Steelcase Inc. (SCS) Q3 2024 Earnings Call Transcript
Steelcase Inc. (SCS) Q3 2024 Earnings Call Transcript
Steelcase Reports Third Quarter Fiscal 2024 Results
GRAND RAPIDS, Mich., Dec. 19, 2023 (GLOBE NEWSWIRE) -- Steelcase Inc. (NYSE: SCS) today reported third quarter revenue of $777.9 million, net income of $30.8 million, or $0.26 per share, and adjusted ...
Steelcase to Webcast Third Quarter Fiscal 2024 Conference Call
GRAND RAPIDS, Mich., Nov. 29, 2023 (GLOBE NEWSWIRE) -- Steelcase Inc. (NYSE: SCS) will webcast a discussion of its third quarter fiscal year 2024 financial results on Wednesday, December 20, 2023 at 8...
Steelcase Black Friday (2023): Review of Early Offers Researched by Save Bubble
BOSTON--(BUSINESS WIRE)--Black Friday deals researchers at Save Bubble are reviewing any early Black Friday 2023 offers on Steelcase office chairs & adjustable height desks.
Steelcase 2023 Impact Report Announces Significant Progress Toward the Wellbeing of People and the Planet
New report demonstrates measurable progress toward building community and belonging for people and reducing environmental impact with ambitious climate goals. GRAND RAPIDS, Mich.
Steelcase Recognized for Advancing and Supporting Women
The organization ranks among only 7% of Fortune 1000 and S&P 500 companies with more than half of their board of directors comprised of women. GRAND RAPIDS, Mich.
Steelcase Black Friday (2023): Summary of Early Adjustable Height Desk, Office Chair & More Offers Researched by Spending Lab
BOSTON--(BUSINESS WIRE)--Spending Lab researchers share early Steelcase offers and deals for Black Friday 2023, including offers on Steelcase Series 2 & 1, Amia & Leap.
Steelcase Research Finds Leaders' Priorities Shift
GRAND RAPIDS, Mich., Oct. 24, 2023 (GLOBE NEWSWIRE) -- To help organizations achieve their sustainability and social responsibility goals, Steelcase, a global design and thought leader in the world of...