Noble Financial Weighs in on Steelcase Inc.'s Q3 2025 Earnings (NYSE:SCS)

Steelcase Inc. (NYSE:SCS - Free Report) - Equities research analysts at Noble Financial issued their Q3 2025 EPS estimates for Steelcase in a research report issued to clients and investors on Wednesday, October 9th. Noble Financial analyst J. Gomes expects that the business services provider will earn $0.22 per share for the quarter. 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 $1.02 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.

Separately, Benchmark lifted their price objective on Steelcase from $17.00 to $18.00 and gave the stock a "buy" rating in a research report on Friday, June 21st.

Steelcase Price Performance

Shares of NYSE:SCS traded up $0.08 during trading on Monday, hitting $12.99. 467,121 shares of the stock were exchanged, compared to its average volume of 705,053. The company has a fifty day moving average price of $13.25 and a two-hundred day moving average price of $13.06. The company has a market cap of $1.48 billion, a PE ratio of 12.25, a P/E/G 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. Steelcase has a 12-month low of $10.29 and a 12-month high of $14.74.

Steelcase (NYSE:SCS - Get Free Report) last announced its quarterly earnings data on Wednesday, September 18th. The business services provider reported $0.39 earnings per share for the quarter, beating analysts' consensus estimates of $0.37 by $0.02. The company had revenue of $855.80 million for the quarter, compared to analyst estimates of $864.17 million. Steelcase had a return on equity of 14.41% and a net margin of 4.02%. The firm's revenue for the quarter was up .1% compared to the same quarter last year. During the same quarter in the previous year, the company earned $0.31 EPS.

Steelcase Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Tuesday, October 15th. Stockholders of record on Monday, September 30th will be issued a dividend of $0.10 per share. The ex-dividend date is Monday, September 30th. This represents a $0.40 dividend on an annualized basis and a dividend yield of 3.08%. Steelcase's payout ratio is 37.74%.

Insider Transactions at Steelcase

In related news, CFO David C. Sylvester sold 73,184 shares of the company's stock in a transaction 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 completion of the sale, the chief financial officer now directly owns 551,592 shares of the company's stock, valued at approximately $7,634,033.28. This represents a 0.00 % decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. In other news, CFO David C. Sylvester sold 73,184 shares of the company'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 sale, the chief financial officer now owns 551,592 shares in the company, valued at approximately $7,634,033.28. This represents a 0.00 % decrease in their position. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, SVP Allan W. Smith, Jr. sold 70,444 shares of the company's stock in a transaction dated 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 sale, the senior vice president now owns 184,743 shares in the company, valued at approximately $2,556,843.12. This trade represents a 0.00 % decrease in their position. The disclosure for this sale can be found here. Insiders sold a total of 160,877 shares of company stock worth $2,228,248 in the last ninety days. Insiders own 12.96% of the company's stock.

Institutional Investors Weigh In On Steelcase

Institutional investors have recently modified their holdings of the stock. Virtu Financial LLC acquired a new stake in Steelcase during the fourth quarter worth about $190,000. Vanguard Group Inc. raised its stake in Steelcase by 4.9% during the fourth 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 period. First Hawaiian Bank raised its stake in Steelcase by 2.8% during the first quarter. First Hawaiian Bank now owns 76,004 shares of the business services provider's stock worth $994,000 after acquiring an additional 2,082 shares during the period. Green Alpha Advisors LLC raised its stake in Steelcase by 12.4% during the first quarter. Green Alpha Advisors LLC now owns 161,310 shares of the business services provider's stock worth $2,110,000 after acquiring an additional 17,826 shares during the period. Finally, S.A. Mason LLC raised its stake in Steelcase by 71.3% during the first quarter. S.A. Mason LLC now owns 46,358 shares of the business services provider's stock worth $606,000 after acquiring an additional 19,288 shares during the period. Institutional investors and hedge funds own 92.42% of the company's stock.

About Steelcase

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.