Steelcase Inc. (NYSE:SCS) to Post Q2 2025 Earnings of $0.37 Per Share, Sidoti Csr Forecasts

Steelcase Inc. (NYSE:SCS) – Equities research analysts at Sidoti Csr raised their Q2 2025 earnings per share estimates for Steelcase in a research report issued on Friday, June 21st. Sidoti Csr analyst G. Burns now anticipates that the business services provider will earn $0.37 per share for the quarter, up from their prior forecast of $0.32. The consensus estimate for Steelcase’s current full-year earnings is $0.92 per share. Sidoti Csr also issued estimates for Steelcase’s Q3 2025 earnings at $0.24 EPS, Q4 2025 earnings at $0.23 EPS, FY2025 earnings at $1.00 EPS, Q1 2026 earnings at $0.14 EPS, Q2 2026 earnings at $0.46 EPS, Q3 2026 earnings at $0.31 EPS, Q4 2026 earnings at $0.27 EPS and FY2026 earnings at $1.19 EPS.

A number of other research analysts also recently weighed in on the company. StockNews.com raised Steelcase from a “buy” rating to a “strong-buy” rating in a report on Friday, March 29th. Benchmark raised their price objective on Steelcase from $17.00 to $18.00 and gave the stock a “buy” rating in a research note on Friday.

Steelcase Trading Up 9.1 %

Shares of NYSE:SCS opened at $13.29 on Monday. The company has a market cap of $1.52 billion, a P/E ratio of 17.49, a PEG ratio of 1.32 and a beta of 1.35. The company has a debt-to-equity ratio of 0.50, a current ratio of 1.58 and a quick ratio of 1.20. Steelcase has a 1 year low of $7.10 and a 1 year high of $14.54. The stock’s fifty day moving average price is $12.71 and its 200-day moving average price is $12.84.

Steelcase (NYSE:SCS) last announced its quarterly earnings results on Thursday, June 20th. The business services provider reported $0.16 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.10 by $0.06. The firm had revenue of $727.30 million for the quarter, compared to the consensus estimate of $729.05 million. Steelcase had a return on equity of 13.66% and a net margin of 2.89%. The company’s quarterly revenue was down 3.3% on a year-over-year basis. During the same period in the prior year, the company posted $0.09 earnings per share.

Institutional Trading of Steelcase

Several institutional investors have recently made changes to their positions in the business. ProShare Advisors LLC grew its position in shares of Steelcase by 8.5% during the first quarter. ProShare Advisors LLC now owns 16,656 shares of the business services provider’s stock worth $218,000 after purchasing an additional 1,311 shares in the last quarter. QRG Capital Management Inc. grew its position in shares of Steelcase by 13.9% during the fourth quarter. QRG Capital Management Inc. now owns 11,548 shares of the business services provider’s stock worth $156,000 after purchasing an additional 1,406 shares in the last quarter. Prime Capital Investment Advisors LLC grew its position in shares of Steelcase by 8.6% during the fourth quarter. Prime Capital Investment Advisors LLC now owns 18,680 shares of the business services provider’s stock worth $253,000 after purchasing an additional 1,476 shares in the last quarter. Swiss National Bank grew its position in shares of Steelcase by 1.0% during the third quarter. Swiss National Bank now owns 185,200 shares of the business services provider’s stock worth $2,069,000 after purchasing an additional 1,900 shares in the last quarter. Finally, USA Financial Formulas purchased a new stake in shares of Steelcase during the fourth quarter worth about $28,000. Hedge funds and other institutional investors own 92.42% of the company’s stock.

Steelcase Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Monday, July 15th. Stockholders of record on Wednesday, July 3rd will be paid a $0.10 dividend. This represents a $0.40 annualized dividend and a dividend yield of 3.01%. The ex-dividend date is Wednesday, July 3rd. Steelcase’s dividend payout ratio (DPR) is currently 52.63%.

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.