What is Sidoti Csr’s Estimate for Steelcase FY2025 Earnings?

Steelcase Inc. (NYSE:SCS) – Equities research analysts at Sidoti Csr raised their FY2025 earnings estimates for shares of Steelcase in a research note issued on Friday, December 20th. Sidoti Csr analyst G. Burns now forecasts that the business services provider will post earnings of $1.05 per share for the year, up from their previous estimate of $1.02. The consensus estimate for Steelcase’s current full-year earnings is $1.00 per share. Sidoti Csr also issued estimates for Steelcase’s Q1 2026 earnings at $0.10 EPS, Q3 2026 earnings at $0.29 EPS, Q4 2026 earnings at $0.25 EPS, FY2026 earnings at $1.07 EPS, Q1 2027 earnings at $0.14 EPS, Q2 2027 earnings at $0.51 EPS, Q3 2027 earnings at $0.33 EPS and FY2027 earnings at $1.27 EPS.

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

Separately, Noble Financial initiated coverage on shares of Steelcase in a report on Wednesday, October 9th. They set an “outperform” rating and a $16.00 target price for the company.

Steelcase Price Performance

NYSE:SCS opened at $11.73 on Monday. The firm’s fifty day moving average is $12.95 and its two-hundred day moving average is $13.14. The firm has a market cap of $1.34 billion, a price-to-earnings ratio of 11.07, a PEG ratio of 1.29 and a beta of 1.35. The company has a debt-to-equity ratio of 0.48, a quick ratio of 1.23 and a current ratio of 1.62. Steelcase has a one year low of $11.47 and a one year high of $14.74.

Steelcase Dividend Announcement

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

Insider Transactions at Steelcase

In related news, VP Robert G. Krestakos sold 4,000 shares of the firm’s 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 directly owns 119,481 shares in the company, valued at approximately $1,566,395.91. This trade represents a 3.24 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Insiders own 12.96% of the company’s stock.

Institutional Inflows and Outflows

A number of large investors have recently bought and sold shares of SCS. Innealta Capital LLC acquired a new position in Steelcase during the second quarter worth $93,000. DekaBank Deutsche Girozentrale lifted its position in shares of Steelcase by 8.1% during the 2nd quarter. DekaBank Deutsche Girozentrale now owns 12,017 shares of the business services provider’s stock worth $153,000 after purchasing an additional 897 shares during the last quarter. Centiva Capital LP acquired a new position in shares of Steelcase during the third quarter worth $181,000. Creative Planning increased its holdings in shares of Steelcase by 8.7% in 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 last quarter. Finally, Cannon Global Investment Management LLC purchased a new position in Steelcase in the second quarter valued at approximately $259,000. 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.