STEELCASE, INC (SCS)

EARNINGS RELEASE WEDNESDAY- JUNE 19 (AMC)

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Avg Daily Volume: 671,022    Market Cap: 1.99B 
Sector: Consumer Goods    Short Interest: 1.96

EARNINGS EXPECTATIONS:  

     THIS QTR:   EPS:   .18/share    REV:  839.07/M
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     LAST QTR:  EPS:   .26/share    ACTUAL:  .29/share  (BEAT)
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     NEXT QTR:  EPS:   .41/share     REV: 948.9/M
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     FULL YR:     EPS:   1.29/share     REV: 3,710/M
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*These are the base metrics we will be watching against the actual release numbers
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BEAT/MISS HISTORY: 55% OF THE TIME THEY BEAT ESTIMATES

PRIOR ‘JUMP ZONE’ MOVES (LAST 3 QTRS %) -14.13, 9.01, 19.81

POTENTIAL JUMP MOVE:  10-15%

Links To Latest News and Headlines

18 Jan, 2021 @ 12:27 by Yahoo! Finance

While it may not be enough for some shareholders, we think it is good to see the Steelcase Inc. ( NYSE:SCS ) share…

Steelcase recognized among top 400 U.S. companies for giving to communities in which they operateGRAND RAPIDS, Mich., Jan. 06, 2021 (GLOBE NEWSWIRE) — Steelcase (NYSE:SCS) has been named to Newsweek’s 2021 list of America’s “Most Responsible Companies” for positive efforts in environmental stewardship, social impact and corporate governance. This is the second year Steelcase has received national recognition on Newsweek’s list, which started in 2020. “We’re delighted to be recognized for the work we’ve done and progress we continue to make through our environmental, social and governance efforts,” said Jim Keane, President and CEO of Steelcase. “We use our business as a force for good, and this designation reflects our commitment.”Newsweek’s announcement is especially meaningful, as this year Steelcase announced the company has achieved carbon neutrality for its own operations and set ambitious carbon goals validated by the Science Based Targets initiative. These new targets position Steelcase as one of fewer than 200 organizations worldwide in line with a 1.5°C climate scenario by 2030. To accomplish this over the next decade, Steelcase plans to improve energy usage, reduce operations waste and align company behavior and decisions to support this strategy. Steelcase also plans to work with suppliers to set their targets. These latest targets are a part of Steelcase’s holistic approach and ongoing commitment to using our business to make a difference.In a four-phase process, Statista Inc., a global business data group, and Newsweek teamed up to identify 2,000 prominent companies, headquartered in the United States, to create their initial candidate pool. They then scored candidates’ corporate social responsibility as indicated by publicly available documents, key performance indicators and conducted an independent survey of 7,500 U.S. citizens to finalize their list of 400 winners. Steelcase placed 152nd overall and 14th in the category of “Consumer Goods.”Steelcase is a global company whose exploration of the workplace helps it understand how work is changing and how those changes impact people. By applying user-centered research to imagine new possibilities, Steelcase designs and manufactures products for the world’s leading organizations so people have better experiences at work. The company partners with other leading brands to enrich its portfolio, increasing the range of options it offers to help customers work, learn and heal.To see Newsweek’s full list, visit https://www.newsweek.com/americas-most-responsible-companies-2021To learn more about Steelcase ESG initiatives, visit www.steelcase.com/discover/steelcase/sustainability/About Steelcase Inc. For over 108 years, Steelcase Inc. has helped create great experiences for the world’s leading organizations, across industries. We demonstrate this through our family of brands – including Steelcase®, Coalesse®, Designtex®, Smith System®, Orangebox® and AMQ®. Together, they offer a comprehensive portfolio of architecture, furniture and technology products and services designed to unlock human promise and support social, economic, and environmental sustainability. We are globally accessible through a network of channels, including over 800 Steelcase dealer locations. Steelcase is a global, industry-leading, and publicly traded company with fiscal 2020 revenue of $3.7 billion.  www.steelcase.comContact:Kayla Hansonkhanson@steelcase.com616-389-9733

23 Dec, 2020 @ 15:11 by Yahoo! Finance

On December 17, 2020, Steelcase (NYSE:SCS) declared a dividend payable on January 11, 2021 to its shareholders. Steelcase also announced that shareholders on the company’s books on or before December 28, 2020 are entitled to the dividend. The stock will then go ex-dividend 2 business day(s) before the record date. Steelcase has an ex-dividend date planned for December 24, 2020. The company’s current dividend payout sits at $0.1. That equates to a dividend yield of 2.93% at current price levels.What Are Ex-Dividend Dates? Ex-dividend dates are when company shares stop trading with their current dividend payouts in preparation for those companies to announce new ones. Usually, a company’s ex-dividend date falls one business day before its record date. Investors should keep this in mind when purchasing stocks because buying them on or after ex-dividend dates does not qualify them to receive the declared payment. Newly declared dividends go to shareholders who have owned that stock before the ex-dividend date. Most ex-dividend dates operate on a quarterly basis.Steelcase’s Dividend Performance Over the past year, Steelcase has experienced an overall downward trend regarding its dividend payouts and yields. Last year on December 26, 2019 the company’s payout was $0.14, which has since decreased by $0.04. Similarly, Steelcase’s dividend yield last year was 3.04%, which has since declined by 0.11%. Companies use dividend yields in different strategic ways. Some companies may opt to not give yields altogether to reinvest in themselves. Other companies may opt to increase or decrease their yield amounts to control how their shares circulate throughout the stock market.To read more news on Steelcase click here.See more from Benzinga * Click here for options trades from Benzinga * 9 Industrials Stocks Moving In Monday’s Intraday Session * 12 Industrials Stocks Moving In Friday’s Pre-Market Session(C) 2020 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.

Readers hoping to buy Steelcase Inc. ( NYSE:SCS ) for its dividend will need to make their move shortly, as the stock…

19 Dec, 2020 @ 20:54 by Yahoo! Finance

How do you pick the next stock to invest in? One way would be to spend days of research browsing through thousands of publicly traded companies. However, an easier way is to look at the stocks that smart money investors are collectively bullish on. Hedge funds and other institutional investors usually invest large amounts of […]

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