SCS icon

Steelcase

11.08 USD
-0.22
1.95%
At close Mar 12, 4:00 PM EDT
After hours
11.08
+0.00
0.00%
1 day
-1.95%
5 days
-2.72%
1 month
-7.12%
3 months
-14.37%
6 months
-17.38%
Year to date
-4.97%
1 year
-12.41%
5 years
-3.82%
10 years
-40.17%
 

About: Steelcase Inc is a furniture company based in the United States. Its brands such as Steelcase, AMQ, Coalesse, Designtex, and others offer a portfolio of furniture and architectural products and services designed to help customers create workplaces. It markets its products and services to businesses and organizations predominantly through a network of dealers and also sells to consumers in markets around the world through web-based and retail distribution channels. The company's reportable segments include the Americas which generates key revenue, and International.

Employees: 12,480

0
Funds holding %
of 7,363 funds
Analysts bullish %

Fund manager confidence

Based on 2024 Q4 regulatory filings by fund managers ($100M+ AUM)

32% more first-time investments, than exits

New positions opened: 37 | Existing positions closed: 28

11% more repeat investments, than reductions

Existing positions increased: 84 | Existing positions reduced: 76

2% more funds holding

Funds holding: 222 [Q3] → 227 (+5) [Q4]

1% more call options, than puts

Call options by funds: $673K | Put options by funds: $667K

0.43% less ownership

Funds ownership: 87.77% [Q3] → 87.34% (-0.43%) [Q4]

13% less capital invested

Capital invested by funds: $1.11B [Q3] → $971M (-$142M) [Q4]

Research analyst outlook

We haven’t received any recent analyst ratings for SCS.

Financial journalist opinion

Neutral
GlobeNewsWire
6 days ago
Steelcase to Webcast Fourth Quarter and Fiscal 2024 Conference Call
GRAND RAPIDS, Mich., March 06, 2025 (GLOBE NEWSWIRE) -- Steelcase Inc. (NYSE: SCS) will webcast a discussion of its fourth quarter and fiscal year 2025 financial results on Thursday, March 27, 2025 at 8:30 a.m. ET. A link to the webcast will be available at http://ir.steelcase.com and a replay of the webcast will be available shortly after the call concludes. The news release detailing the financial results will be issued the previous day, March 26, 2025, after the market closes.
Steelcase to Webcast Fourth Quarter and Fiscal 2024 Conference Call
Neutral
PRNewsWire
3 weeks ago
Steelcase Announces New Chief Legal Officer and Secretary
GRAND RAPIDS, Mich. , Feb. 19, 2025 /PRNewswire/ -- Steelcase (NYSE: SCS), a global design, research and thought leader in the world of work, announced today Megan Blazina has been appointed as vice president, chief legal officer and secretary, effective March 17, 2025.
Steelcase Announces New Chief Legal Officer and Secretary
Positive
MarketBeat
1 month ago
3 Stocks to Gain From Trump's Return-to-Office Mandate
On day one as the 47th President of the United States, Donald Trump signed an executive order mandating all federal employees to return to the office for work “as soon as practicable.” Administration officials released more directives aimed at ending remote work.
3 Stocks to Gain From Trump's Return-to-Office Mandate
Positive
Seeking Alpha
1 month ago
Steelcase: Boring Value For A Hot Market
The return to office and revenue growth in office furniture has yet to really play out. Steelcase has improved margins and its balance sheet considerably anyway, appears to be taking market share, and its stock is cheap. Should a return to growth materialize, the stock will do very well.
Steelcase: Boring Value For A Hot Market
Neutral
Seeking Alpha
2 months ago
Steelcase: Trying To Position Away From Corporate Offices
Steelcase reported stronger growth in Q3 due to stronger shipment timings, but expects to return back to weak organic growth in Q4. The company is trying to diversify its customer base away from corporate customers, as remote work seems to have taken share of Steelcase's market. SCS stock is priced with a fair margin of safety even with expectations of mediocre earnings growth.
Steelcase: Trying To Position Away From Corporate Offices
Neutral
Seeking Alpha
2 months ago
Steelcase Inc. (SCS) Q3 2025 Earnings Call Transcript
Steelcase Inc. (NYSE:SCS ) Q3 2025 Earnings Conference Call December 19, 2024 8:30 AM ET Company Participants Mike O'Meara - IR Sara Armbruster - President & CEO David Sylvester - SVP & CFO Conference Call Participants Reuben Garner - Benchmark Steven Ramsey - Thompson Research Group Gregory Burns - Sidoti Joseph Gomes - NOBLE Capital Markets Operator Good morning. My name is Rob, and I will be your conference operator today.
Steelcase Inc. (SCS) Q3 2025 Earnings Call Transcript
Positive
Zacks Investment Research
2 months ago
Steelcase (SCS) Q3 Earnings and Revenues Surpass Estimates
Steelcase (SCS) came out with quarterly earnings of $0.30 per share, beating the Zacks Consensus Estimate of $0.23 per share. This compares to earnings of $0.30 per share a year ago.
Steelcase (SCS) Q3 Earnings and Revenues Surpass Estimates
Neutral
GlobeNewsWire
2 months ago
Steelcase Reports Third Quarter Fiscal 2025 Results
GRAND RAPIDS, Mich., Dec. 18, 2024 (GLOBE NEWSWIRE) -- Steelcase Inc. (NYSE: SCS) today reported third quarter revenue of $794.9 million, net income of $19.1 million, or $0.16 per share, and adjusted earnings per share of $0.30. In the prior year, Steelcase reported revenue of $777.9 million and net income of $30.8 million, or $0.26 per share, and had adjusted earnings per share of $0.29.
Steelcase Reports Third Quarter Fiscal 2025 Results
Neutral
GlobeNewsWire
3 months ago
Steelcase to Webcast Third Quarter Fiscal 2025 Conference Call
GRAND RAPIDS, Mich., Nov. 27, 2024 (GLOBE NEWSWIRE) -- Steelcase Inc. (NYSE: SCS) will webcast a discussion of its third quarter fiscal year 2025 financial results on Thursday, December 19, 2024 at 8:30 a.m. ET. A link to the webcast will be available at http://ir.steelcase.com and a replay of the webcast will be available shortly after the call concludes. The news release detailing the financial results will be issued the previous day, December 18, 2024, after the market closes.
Steelcase to Webcast Third Quarter Fiscal 2025 Conference Call
Positive
Zacks Investment Research
4 months ago
Is Steelcase (SCS) Stock Undervalued Right Now?
Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.
Is Steelcase (SCS) Stock Undervalued Right Now?
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