I'm LongbridgeAI, I can summarize articles.Steelcase (NYSE:SCS) will release its Q3 2026 earnings on December 17, with analysts expecting $0.26 per share. The earnings call is scheduled for December 18. Steelcase's stock opened at $16.16, with a market cap of $1.85 billion. The company declared a quarterly dividend of $0.10 per share. Institutional investors hold 92.42% of the stock. Analysts have downgraded Steelcase to a 'hold' rating. Steelcase provides furniture and architectural products globally.
Steelcase (NYSE:SCS - Get Free Report) is projected to post its Q3 2026 results before the market opens on Wednesday, December 17th. Analysts expect the company to announce earnings of $0.26 per share for the quarter. Parties are encouraged to explore the company's upcoming Q3 2026 earning overview page for the latest details on the call scheduled for Thursday, December 18, 2025 at 8:30 AM ET.
- 3 Stocks to Gain From Trump’s Return-to-Office Mandate
Steelcase (NYSE:SCS - Get Free Report) last released its quarterly earnings results on Friday, June 2nd. The business services provider reported $0.23 earnings per share (EPS) for the quarter. The firm had revenue of $724.80 million for the quarter. Steelcase had a return on equity of 13.00% and a net margin of 2.92%. On average, analysts expect Steelcase to post $1 EPS for the current fiscal year and $1 EPS for the next fiscal year.
Steelcase Stock Up 0.2%
SCS stock opened at $16.16 on Wednesday. The company has a debt-to-equity ratio of 0.44, a current ratio of 1.66 and a quick ratio of 1.18. The stock has a market capitalization of $1.85 billion, a P/E ratio of 15.69, a P/E/G ratio of 1.47 and a beta of 1.26. Steelcase has a fifty-two week low of $9.31 and a fifty-two week high of $17.40. The business has a 50-day moving average of $16.28 and a 200-day moving average of $14.35.
Steelcase Dividend Announcement
- High-Yield MillerKnoll, Inc.: Value or Value Trap?
The company also recently declared a quarterly dividend, which was paid on Monday, October 20th. Shareholders of record on Monday, October 6th were given a dividend of $0.10 per share. The ex-dividend date of this dividend was Monday, October 6th. This represents a $0.40 dividend on an annualized basis and a yield of 2.5%. Steelcase's dividend payout ratio is 38.83%.
Hedge Funds Weigh In On Steelcase
Institutional investors have recently added to or reduced their stakes in the company. Jones Financial Companies Lllp increased its stake in shares of Steelcase by 3,634.2% during the 1st quarter. Jones Financial Companies Lllp now owns 2,950 shares of the business services provider's stock worth $32,000 after purchasing an additional 2,871 shares during the last quarter. EverSource Wealth Advisors LLC grew its holdings in Steelcase by 1,279.8% during the second quarter. EverSource Wealth Advisors LLC now owns 3,546 shares of the business services provider's stock worth $37,000 after purchasing an additional 3,289 shares during the period. Caitong International Asset Management Co. Ltd acquired a new position in Steelcase during the third quarter worth approximately $41,000. Johnson Financial Group Inc. bought a new stake in Steelcase in the third quarter valued at approximately $69,000. Finally, Canada Pension Plan Investment Board bought a new stake in Steelcase in the second quarter valued at approximately $89,000. 92.42% of the stock is currently owned by institutional investors and hedge funds.
Analyst Ratings Changes
- Steelcase Makes the Case for the Taking Longs
A number of analysts have recently issued reports on SCS shares. Zacks Research downgraded shares of Steelcase from a "strong-buy" rating to a "hold" rating in a report on Tuesday, November 25th. Weiss Ratings reaffirmed a "hold (c+)" rating on shares of Steelcase in a research report on Friday, October 31st. Four research analysts have rated the stock with a Hold rating, Based on data from MarketBeat, the company presently has a consensus rating of "Hold".
View Our Latest Analysis on SCS
Steelcase Company Profile
(Get Free Report)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.
Further Reading
- Five stocks we like better than Steelcase
- How to Use High Beta Stocks to Maximize Your Investing Profits
- Consumers Got Coal, But Santa Dropped Off Big Gains for These 2 Retailers
- High Flyers: 3 Natural Gas Stocks for March 2022
- 10X Gains? These 3 Robotics Stocks Could Explode by 2035
- Stock Splits, Do They Really Impact Investors?
- Anheuser-Busch Buys BeatBox to Win Over Younger Drinkers
This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.
Should You Invest $1,000 in Steelcase Right Now?
Before you consider Steelcase, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Steelcase wasn't on the list.
While Steelcase currently has a Hold rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here