Steelcase Inc.
A contract office furniture manufacturer offering product design, customer service, and consulting services.
Stock Performance Snapshot
Analyst Rating
Analysts recommend buying Steelcase's stock with a target price of $16.67, indicating potential growth.
Financial Health
Steelcase is performing well with solid revenue and cash flow, though margins could improve.
Dividend
Steelcase offers an average dividend yield of 2.47%, appealing to those seeking some income from their investment. If you invested $1000 you would be paid $40 a year in dividends (based on the last 12 months).
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Explore BasketWhy You’ll Want to Watch This Stock
Workspace demand trends
Shifts in office occupancy and hybrid working influence product demand; a recovery in corporate spending could aid growth, though adoption remains uneven.
Global supply dynamics
Manufacturing, shipping and commodity costs affect margins; improvements in supply chains can help profitability, but disruptions remain a risk.
Product and services push
Innovation in flexible furniture and digital services adds diversification and potential margin uplift, though commercial uptake depends on corporate budgets.
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