Steelcase Inc. (SCS)

NYSE: SCS · IEX Real-Time Price · USD
11.96
0.23 (1.96%)
May 25, 2022 4:00 PM EDT - Market closed
Market Cap1.35B
Revenue (ttm)2.77B
Net Income (ttm)4.00M
Shares Out112.73M
EPS (ttm)0.03
PE Ratio398.67
Forward PE19.12
Dividend$0.58 (4.85%)
Ex-Dividend DateApr 1, 2022
Volume647,794
Open11.61
Previous Close11.73
Day's Range11.61 - 11.99
52-Week Range10.66 - 15.84
Beta1.18
AnalystsBuy
Price Target15.81 (+32.2%)
Earnings DateJun 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...

IndustryCommercial Services & Supplies
IPO DateFeb 19, 1998
CEOJames Keane
Employees11,600
Stock ExchangeNYSE
Ticker SymbolSCS
Full Company Profile

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 Statements

Analyst 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.

Price Target
$15.81
(32.19% upside)
Analyst Consensus: Buy
Stock Forecasts

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...

2 weeks ago - GlobeNewsWire

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...

2 months ago - GlobeNewsWire

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...

2 months ago - GlobeNewsWire

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

3 months ago - GlobeNewsWire

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.

5 months ago - Benzinga

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 ...

5 months ago - GlobeNewsWire

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.

5 months ago - Benzinga

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...

6 months ago - GlobeNewsWire

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...

6 months ago - GlobeNewsWire

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...

6 months ago - GlobeNewsWire

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...

7 months ago - Forbes

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

7 months ago - GlobeNewsWire

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...

8 months ago - GlobeNewsWire

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.

8 months ago - Benzinga

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...

8 months ago - GlobeNewsWire

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...

8 months ago - GlobeNewsWire

3 Stocks to Buy With Dividends Yielding More Than 4%

You don't have to venture into the historically high-yielding industries to find big payouts these days.

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9 months ago - The Motley Fool

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...

9 months ago - PRNewsWire

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 ...

9 months ago - Forbes

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...

11 months ago - Benzinga

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...

11 months ago - GlobeNewsWire

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.

11 months ago - Benzinga

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 ...

11 months ago - GlobeNewsWire

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...

11 months ago - GlobeNewsWire

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!

1 year ago - Fox Business