Steelcase Inc. (SCS)
| Market Cap | 1.35B |
| Revenue (ttm) | 2.77B |
| Net Income (ttm) | 4.00M |
| Shares Out | 112.73M |
| EPS (ttm) | 0.03 |
| PE Ratio | 398.67 |
| Forward PE | 19.12 |
| Dividend | $0.58 (4.85%) |
| Ex-Dividend Date | Apr 1, 2022 |
| Volume | 647,794 |
| Open | 11.61 |
| Previous Close | 11.73 |
| Day's Range | 11.61 - 11.99 |
| 52-Week Range | 10.66 - 15.84 |
| Beta | 1.18 |
| Analysts | Buy |
| Price Target | 15.81 (+32.2%) |
| Earnings Date | Jun 22, 2022 |
About SCS
Steelcase Inc. provides a portfolio of furniture and architectural products in the United States and internationally. It operates through Americas, EMEA, and Other 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, and mobile power and screens. Its seating products comprise task chairs; seating for collaborative environments and casual settings; and specialty seating for specific v...
Financial Performance
In 2021, Steelcase's revenue was $2.77 billion, an increase of 6.80% compared to the previous year's $2.60 billion. Earnings were $4.00 million, a decrease of -84.67%.
Financial StatementsAnalyst Forecast
According to 7 analysts, the average rating for SCS stock is "Buy." The 12-month stock price forecast is 15.81, which is an increase of 32.19% from the latest price.
News
Steelcase to Acquire HALCON, Maker of Finely Crafted Wood Furniture for the Modern Workplace
Expected acquisition will add to the company's expanding community of brands, providing designers and customers with an extensive range of wood furnishings and fueling the growth of HALCON Expected acqu...
Steelcase Reports Fourth Quarter and Fiscal 2022 Results
GRAND RAPIDS, Mich., March 23, 2022 (GLOBE NEWSWIRE) -- Steelcase Inc. (NYSE: SCS) today reported fourth quarter revenue of $753.1 million and a net loss of $2.2 million, or $0.02 per share. In the prio...
Steelcase to Webcast Fourth Quarter and Fiscal 2022 Conference Call
GRAND RAPIDS, Mich., March 03, 2022 (GLOBE NEWSWIRE) -- Steelcase Inc. (NYSE: SCS) will webcast a discussion of its fourth quarter and fiscal year 2022 financial results on Thursday, March 24, 2022 at 8...
Steelcase Named One of the World's Most Admired Companies
For the 16th time, the company earned a place on Fortune Magazine's prestigious list For the 16th time, the company earned a place on Fortune Magazine's prestigious list
Recap: Steelcase Q3 Earnings
Steelcase (NYSE:SCS) reported its Q3 earnings results on Thursday, December 16, 2021 at 04:05 PM. Here's what investors need to know about the announcement.
Steelcase Reports Third Quarter Fiscal 2022 Results
GRAND RAPIDS, Mich., Dec. 16, 2021 (GLOBE NEWSWIRE) -- Steelcase Inc. (NYSE: SCS) today reported third quarter revenue of $738.2 million and net income of $9.6 million, or $0.08 per share. In the prior ...
Steelcase Earnings Preview
Steelcase (NYSE:SCS) is set to give its latest quarterly earnings report on Thursday, 2021-12-16. Here's what investors need to know before the announcement.
Steelcase to Webcast Third Quarter Conference Call
GRAND RAPIDS, Mich., Nov. 24, 2021 (GLOBE NEWSWIRE) -- Steelcase Inc. (NYSE: SCS) will webcast a discussion of its third quarter fiscal year 2022 financial results on Friday, December 17, 2021 at 8:30 a...
Steelcase to Participate in Water Tower Research Fireside Chat Series
GRAND RAPIDS, Mich., Nov. 01, 2021 (GLOBE NEWSWIRE) -- Steelcase, Inc. (NYSE: SCS) announces that Dave Sylvester, Senior Vice President, CFO and Allan Smith, Senior Vice President, Chief Revenue Officer...
Steelcase Acquires Spanish Design Company Viccarbe
Acquisition expected to drive strong global growth for Viccarbe and adds to Steelcase's growing portfolio of social and collaborative furnishings, supporting a strategy to provide the widest range of ae...
What's Next For Steelcase Stock?
We believe that Steelcase stock (NYSE: SCS), a designer, marketer, and manufacturer of office furniture and complementary products and services, is a good buying opportunity at the present time. SCS sto...
Sara Armbruster becomes Steelcase President and Chief Executive Officer
Armbruster is the 10th CEO in the 109-year history of Steelcase Armbruster is the 10th CEO in the 109-year history of Steelcase
Steelcase Reports Second Quarter Fiscal 2022 Results
GRAND RAPIDS, Mich., Sept. 22, 2021 (GLOBE NEWSWIRE) -- Steelcase Inc. (NYSE: SCS) today reported second quarter revenue of $724.8 million and net income of $24.7 million, or $0.21 per share. In the pri...
Preview: Steelcase's Earnings
SCS is set to give its latest quarterly earnings report on Wednesday , 2021-09-22. Here's what investors need to know before the announcement.
Steelcase Outlines ESG Goals and Priorities in Annual Impact Report
The fiscal 2021 Steelcase Impact Report shares key commitments and accomplishments around the company's environmental, social and governance efforts The fiscal 2021 Steelcase Impact Report shares key co...
Steelcase to Webcast Second Quarter Conference Call
GRAND RAPIDS, Mich., Sept. 01, 2021 (GLOBE NEWSWIRE) -- Steelcase Inc. (NYSE: SCS) will webcast a discussion of its second quarter fiscal year 2022 financial results on Thursday, September 23, 2021 at 8...
3 Stocks to Buy With Dividends Yielding More Than 4%
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Steelcase teams up with Kontrol Technologies to provide air quality monitoring and viral detection technology
GRAND RAPIDS, Mich., Aug. 16, 2021 /PRNewswire/ -- Steelcase (NYSE: SCS) today announces an exclusive agreement with Kontrol Technologies Corp. (NEO: KNR) (OTCQB: KNRLF) (FSE: 1K8) to offer customers in...
Is Steelcase Stock A Buy?
While the company's stock rallied 47% from levels of around $9 on March 23, 2020, when broader markets made the bottom, to levels of around $14 currently - SCS stock saw subdued performance compared to ...
Recap: Steelcase Q1 Earnings
Shares of Steelcase (NYSE:SCS) rose in after-market trading after the company reported Q1 results. Quarterly Results Earnings per share were down 33.33% over the past year to ($0.24), which beat the est...
Steelcase Reports First Quarter Fiscal 2022 Results
GRAND RAPIDS, Mich., June 23, 2021 (GLOBE NEWSWIRE) -- Steelcase Inc. (NYSE: SCS) today reported first quarter revenue of $556.6 million and a net loss of $28.1 million, or $0.24 per share. In the prior...
Earnings Preview for Steelcase
On Wednesday, June 23, Steelcase (NYSE:SCS) will release its latest earnings report. Here is Benzinga's outlook for the company.
Steelcase Recognized as One of America's 50 Most Community-Minded Companies
GRAND RAPIDS, Mich., June 16, 2021 (GLOBE NEWSWIRE) -- Today, Steelcase has been named a 2021 honoree of The Civic 50, an initiative of Points of Light. The company's expansive involvement in community ...
Steelcase to Webcast First Quarter Conference Call
GRAND RAPIDS, Mich., June 02, 2021 (GLOBE NEWSWIRE) -- Steelcase Inc. (NYSE: SCS) will webcast a discussion of its first quarter fiscal year 2022 financial results on Thursday, June 24, 2021 at 8:30 a.m...
Steelcase CEO on rising material costs as remote work continues
CEO Jim Keane discusses Steelcase's at-home office business surging since the beginning of the pandemic. Subscribe to Fox Business!