Steelcase (SCS) Expected to Announce Quarterly Earnings on Wednesday

Steelcase (NYSE:SCS) is expected to be issuing its Q2 2026 results before the market opens on Wednesday, September 17th. Analysts expect the company to announce earnings of $0.37 per share and revenue of $878.7330 million for the quarter. Steelcase has set its Q2 2026 guidance at 0.360-0.400 EPS.Parties are encouraged to explore the company’s upcoming Q2 2026 earningoverview page for the latest details on the call scheduled for Thursday, September 18, 2025 at 8:30 AM ET.

Steelcase (NYSE:SCS) last released its earnings results on Wednesday, June 25th. The business services provider reported $0.20 earnings per share for the quarter, topping the consensus estimate of $0.12 by $0.08. The firm had revenue of $779.00 million during the quarter, compared to analysts’ expectations of $759.90 million. Steelcase had a return on equity of 14.49% and a net margin of 3.84%.The company’s quarterly revenue was up 7.1% on a year-over-year basis. During the same period in the prior year, the company earned $0.16 earnings per share. On average, analysts expect Steelcase to post $1 EPS for the current fiscal year and $1 EPS for the next fiscal year.

Steelcase Stock Down 1.9%

Shares of NYSE:SCS opened at $16.89 on Wednesday. The company has a fifty day moving average of $13.77 and a 200-day moving average of $11.70. The company has a market capitalization of $1.94 billion, a PE ratio of 16.39, a price-to-earnings-growth ratio of 1.64 and a beta of 1.26. The company has a debt-to-equity ratio of 0.46, a quick ratio of 1.15 and a current ratio of 1.65. Steelcase has a 52-week low of $9.31 and a 52-week high of $17.25.

Steelcase Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Monday, July 21st. Stockholders of record on Monday, July 7th were issued a dividend of $0.10 per share. The ex-dividend date was Monday, July 7th. This represents a $0.40 annualized dividend and a dividend yield of 2.4%. Steelcase’s dividend payout ratio is 38.83%.

Insiders Place Their Bets

In other Steelcase news, VP Robert G. Krestakos sold 12,000 shares of the stock in a transaction dated Friday, July 11th. The stock was sold at an average price of $10.63, for a total transaction of $127,560.00. Following the completion of the sale, the vice president directly owned 127,912 shares in the company, valued at approximately $1,359,704.56. This trade represents a 8.58% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is accessible through this link. Insiders own 6.75% of the company’s stock.

Institutional Trading of Steelcase

Several large investors have recently made changes to their positions in the company. Osaic Holdings Inc. grew its stake in shares of Steelcase by 918.8% in the 2nd quarter. Osaic Holdings Inc. now owns 10,789 shares of the business services provider’s stock valued at $113,000 after buying an additional 9,730 shares during the period. Tower Research Capital LLC TRC lifted its position in Steelcase by 744.9% in the 2nd quarter. Tower Research Capital LLC TRC now owns 16,704 shares of the business services provider’s stock valued at $174,000 after acquiring an additional 14,727 shares in the last quarter. Vident Advisory LLC bought a new position in Steelcase in the 2nd quarter valued at about $452,000. Lazard Asset Management LLC lifted its position in Steelcase by 11.4% in the 2nd quarter. Lazard Asset Management LLC now owns 297,044 shares of the business services provider’s stock valued at $3,097,000 after acquiring an additional 30,404 shares in the last quarter. Finally, Brevan Howard Capital Management LP bought a new position in Steelcase in the 2nd quarter valued at about $219,000. 92.42% of the stock is currently owned by institutional investors and hedge funds.

Analysts Set New Price Targets

Several research analysts have recently issued reports on the stock. Wall Street Zen downgraded shares of Steelcase from a “buy” rating to a “hold” rating in a report on Saturday, August 9th. Noble Financial downgraded Steelcase from a “strong-buy” rating to a “hold” rating in a report on Tuesday, August 5th. Two analysts have rated the stock with a Hold rating, According to MarketBeat.com, the stock has a consensus rating of “Hold” and an average target price of $16.00.

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.