Steelcase Inc. (NYSE:SCS) Expected to Earn Q3 2025 Earnings of $0.22 Per Share

Steelcase Inc. (NYSE:SCS) – Equities research analysts at Noble Financial issued their Q3 2025 earnings per share (EPS) estimates for Steelcase in a report released on Wednesday, October 9th. Noble Financial analyst J. Gomes forecasts that the business services provider will earn $0.22 per share for the quarter. Noble Financial has a “Outperform” rating and a $16.00 price target on the stock. The consensus estimate for Steelcase’s current full-year earnings is $1.02 per share. Noble Financial also issued estimates for Steelcase’s Q4 2025 earnings at $0.22 EPS, FY2025 earnings at $0.99 EPS, Q1 2026 earnings at $0.13 EPS, Q2 2026 earnings at $0.44 EPS, Q3 2026 earnings at $0.26 EPS, Q4 2026 earnings at $0.27 EPS and FY2026 earnings at $1.11 EPS.

Steelcase (NYSE:SCS) last released its earnings results on Wednesday, September 18th. The business services provider reported $0.39 EPS for the quarter, beating analysts’ consensus estimates of $0.37 by $0.02. Steelcase had a return on equity of 14.41% and a net margin of 4.02%. The business had revenue of $855.80 million for the quarter, compared to analysts’ expectations of $864.17 million. During the same quarter in the prior year, the firm earned $0.31 earnings per share. The firm’s revenue was up .1% on a year-over-year basis.

Separately, Benchmark raised their target price on Steelcase from $17.00 to $18.00 and gave the stock a “buy” rating in a research note on Friday, June 21st.

Steelcase Stock Up 0.6 %

Shares of NYSE:SCS opened at $12.99 on Monday. The stock’s 50-day moving average price is $13.25 and its 200-day moving average price is $13.06. Steelcase has a 12-month low of $10.29 and a 12-month high of $14.74. The stock has a market capitalization of $1.48 billion, a P/E ratio of 12.25, a price-to-earnings-growth ratio of 1.24 and a beta of 1.32. The company has a current ratio of 1.62, a quick ratio of 1.23 and a debt-to-equity ratio of 0.48.

Hedge Funds Weigh In On Steelcase

Several large investors have recently made changes to their positions in the business. Vanguard Group Inc. raised its holdings in Steelcase by 4.9% in the 4th quarter. Vanguard Group Inc. now owns 9,765,893 shares of the business services provider’s stock worth $132,035,000 after acquiring an additional 452,494 shares during the last quarter. Victory Capital Management Inc. grew its position in shares of Steelcase by 129.9% during the 2nd quarter. Victory Capital Management Inc. now owns 522,956 shares of the business services provider’s stock valued at $6,778,000 after acquiring an additional 295,482 shares during the period. American Century Companies Inc. grew its position in shares of Steelcase by 13.5% during the 2nd quarter. American Century Companies Inc. now owns 2,450,799 shares of the business services provider’s stock valued at $31,762,000 after acquiring an additional 291,070 shares during the period. Jupiter Asset Management Ltd. grew its position in shares of Steelcase by 370.7% during the 1st quarter. Jupiter Asset Management Ltd. now owns 337,839 shares of the business services provider’s stock valued at $4,419,000 after acquiring an additional 266,070 shares during the period. Finally, Dimensional Fund Advisors LP lifted its stake in shares of Steelcase by 4.2% during the 2nd quarter. Dimensional Fund Advisors LP now owns 5,297,183 shares of the business services provider’s stock valued at $68,652,000 after buying an additional 215,729 shares in the last quarter. 92.42% of the stock is currently owned by hedge funds and other institutional investors.

Insider Buying and Selling

In other Steelcase news, CFO David C. Sylvester sold 73,184 shares of the firm’s stock in a transaction dated Wednesday, July 24th. The shares were sold at an average price of $13.84, for a total value of $1,012,866.56. Following the completion of the sale, the chief financial officer now directly owns 551,592 shares in the company, valued at $7,634,033.28. This trade represents a 0.00 % decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available at this link. In other news, SVP Allan W. Smith, Jr. sold 70,444 shares of Steelcase stock in a transaction that occurred on Monday, July 22nd. The shares were sold at an average price of $13.84, for a total transaction of $974,944.96. Following the completion of the transaction, the senior vice president now directly owns 184,743 shares in the company, valued at approximately $2,556,843.12. This trade represents a 0.00 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Also, CFO David C. Sylvester sold 73,184 shares of Steelcase stock in a transaction that occurred on Wednesday, July 24th. The shares were sold at an average price of $13.84, for a total transaction of $1,012,866.56. Following the transaction, the chief financial officer now owns 551,592 shares of the company’s stock, valued at $7,634,033.28. The trade was a 0.00 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold 160,877 shares of company stock valued at $2,228,248 over the last ninety days. 12.96% of the stock is owned by insiders.

Steelcase Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Tuesday, October 15th. Investors of record on Monday, September 30th will be paid a $0.10 dividend. The ex-dividend date of this dividend is Monday, September 30th. This represents a $0.40 annualized dividend and a dividend yield of 3.08%. Steelcase’s payout ratio is presently 37.74%.

Steelcase Company Profile

Steelcase Inc provides a portfolio of furniture and architectural products and services in the United States and internationally. It operates through Americas and International 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, mobile power, and screens.