During the last session, Steelcase, Inc (NYSE:SCS)’s traded shares were 0.84 million, with the beta value of the company hitting 1.18. At the end of the trading day, the stock’s price was $10.59, reflecting an intraday loss of -2.93% or -$0.32. The 52-week high for the SCS share is $14.74, that puts it down -39.19 from that peak though still a striking 12.09% gain since the share price plummeted to a 52-week low of $9.31. The company’s market capitalization is $1.21B, and the average intraday trading volume over the past 10 days was 1.19 million shares, and the average trade volume was 813.49K shares over the past three months.
Steelcase, Inc (SCS) received a consensus recommendation of Buy from analysts. That translates to a mean rating of 1.00. SCS has a Sell rating from 0 analyst(s) out of 1 analysts who have looked at this stock. 0 analyst(s) recommend to Hold the stock while 0 suggest Overweight, and 1 recommend a Buy rating for it.
Steelcase, Inc (NYSE:SCS) trade information
Steelcase, Inc (SCS) registered a -2.93% downside in the last session and has traded in the red over the past 5 sessions. The stock plummet -2.93% in intraday trading to $10.59, hitting a weekly high. The stock’s 5-day price performance is -5.87%, and it has moved by -1.03% in 30 days. Based on these gigs, the overall price performance for the year is -10.41%. The short interest in Steelcase, Inc (NYSE:SCS) is 2.57 million shares and it means that shorts have 3.92 day(s) to cover.
An analysis of the company’s performance over the past 5 years shows that the company’s earnings shrunk an estimated -9.38%. While earnings are projected to return -4.46% in 2025.
SCS Dividends
Steelcase, Inc is due to release its next quarterly earnings on 2025-Jun-25. However, it is important to remember that the dividend yield ratio is merely an indicator meant to only serve as guidance. Investors should also take the other fundamental and operational aspects into account before investing in the stock. The forward dividend ratio for Steelcase, Inc is 0.40, with the dividend yield indicating at 3.78 percent, continuing the trend of increasing dividends in recent years. The average dividend yield of the company for the last 5 years is 4.15%.
Steelcase, Inc (NYSE:SCS)’s Major holders
Steelcase, Inc insiders own 12.92% of total outstanding shares while institutional holders control 96.56%, with the float percentage being 110.89%. VANGUARD GROUP INC is the largest shareholder of the company, while 338.0 institutions own stock in it. As of 2024-06-30, the company held over 10.24 million shares (or 8.924% of all shares), a total value of $132.77 million in shares.
The next largest institutional holding, with 8.26 million shares, is of BLACKROCK INC.’s that is approximately 7.191% of outstanding shares. At the market price on 2024-06-30, these shares were valued at $106.99 million.
Also, the Mutual Funds coming in first place with the largest holdings of Steelcase, Inc (SCS) shares are American Century ETF Trust-Avantis U.S. Small Cap Value ETF and VANGUARD INDEX FUNDS-Vanguard Total Stock Market Index Fund . Data provided on May 31, 2025 indicates that American Century ETF Trust-Avantis U.S. Small Cap Value ETF owns about 2.79 shares. This amounts to just over 2.92 percent of the company’s overall shares, with a $29.58 million market value. The same data shows that the other fund manager holds slightly less at 2.75, or about 2.87% of the stock, which is worth about $29.08 million.
