Steelcase FY2025 EPS Forecast Decreased by Noble Financial

Steelcase Inc. (NYSE:SCS) – Stock analysts at Noble Financial dropped their FY2025 earnings estimates for Steelcase in a research note issued on Friday, December 20th. Noble Financial analyst J. Gomes now expects that the business services provider will post earnings per share of $0.94 for the year, down from their prior forecast of $0.99. Noble Financial currently has a “Outperform” rating and a $16.00 target price on the stock. The consensus estimate for Steelcase’s current full-year earnings is $1.00 per share. Noble Financial also issued estimates for Steelcase’s Q4 2025 earnings at $0.20 EPS, Q1 2026 earnings at $0.12 EPS, Q2 2026 earnings at $0.40 EPS, Q3 2026 earnings at $0.29 EPS, Q4 2026 earnings at $0.24 EPS and FY2026 earnings at $1.05 EPS.

Steelcase Stock Performance

Shares of SCS stock opened at $11.73 on Monday. The firm has a market cap of $1.34 billion, a PE ratio of 11.07, a P/E/G ratio of 1.29 and a beta of 1.35. Steelcase has a 12 month low of $11.47 and a 12 month high of $14.74. The company’s fifty day simple moving average is $12.95 and its 200-day simple moving average is $13.14. The company has a quick ratio of 1.23, a current ratio of 1.62 and a debt-to-equity ratio of 0.48.

Steelcase (NYSE:SCS) last issued its quarterly earnings data on Wednesday, December 18th. The business services provider reported $0.30 EPS for the quarter, topping analysts’ consensus estimates of $0.23 by $0.07. The business had revenue of $794.90 million for the quarter, compared to analyst estimates of $796.58 million. Steelcase had a net margin of 4.02% and a return on equity of 14.41%. The firm’s quarterly revenue was up 2.2% on a year-over-year basis. During the same period last year, the business posted $0.30 earnings per share.

Hedge Funds Weigh In On Steelcase

Hedge funds have recently bought and sold shares of the business. Innealta Capital LLC bought a new stake in shares of Steelcase in the second quarter valued at approximately $93,000. DekaBank Deutsche Girozentrale raised its holdings in Steelcase by 8.1% in the 2nd quarter. DekaBank Deutsche Girozentrale now owns 12,017 shares of the business services provider’s stock valued at $153,000 after acquiring an additional 897 shares in the last quarter. Centiva Capital LP acquired a new position in Steelcase in the 3rd quarter valued at $181,000. Creative Planning lifted its position in shares of Steelcase by 8.7% during the 3rd quarter. Creative Planning now owns 13,470 shares of the business services provider’s stock valued at $182,000 after acquiring an additional 1,075 shares during the period. Finally, Cannon Global Investment Management LLC acquired a new stake in shares of Steelcase during the 2nd quarter worth $259,000. 92.42% of the stock is owned by institutional investors.

Insider Transactions at Steelcase

In related news, VP Robert G. Krestakos sold 4,000 shares of Steelcase stock in a transaction dated Tuesday, October 15th. The shares were sold at an average price of $13.11, for a total transaction of $52,440.00. Following the completion of the sale, the vice president now owns 119,481 shares of the company’s stock, valued at approximately $1,566,395.91. The trade was a 3.24 % decrease in their position. The sale was disclosed in a filing with the SEC, which is accessible through the SEC website. 12.96% of the stock is owned by company insiders.

Steelcase Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Monday, January 13th. Investors of record on Monday, December 30th will be issued a dividend of $0.10 per share. The ex-dividend date is Monday, December 30th. This represents a $0.40 dividend on an annualized basis and a yield of 3.41%. Steelcase’s payout ratio is 41.67%.

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.