Steelcase (NYSE:SCS) Releases Q1 2026 Earnings Guidance

Steelcase (NYSE:SCS) updated its first quarter 2026 earnings guidance on Wednesday. The company provided earnings per share (EPS) guidance of 0.130-0.170 for the period, compared to the consensus estimate of 0.120. The company issued revenue guidance of $760.0 million-$785.0 million, compared to the consensus revenue estimate of $745.3 million. Steelcase also updated its Q1 guidance to $0.13-0.17 EPS.

Steelcase Price Performance

Shares of NYSE SCS opened at $11.30 on Friday. The company has a current ratio of 1.57, a quick ratio of 1.21 and a debt-to-equity ratio of 0.48. The company has a market capitalization of $1.28 billion, a price-to-earnings ratio of 11.77, a price-to-earnings-growth ratio of 1.25 and a beta of 1.33. Steelcase has a twelve month low of $10.30 and a twelve month high of $14.74. The business has a 50 day simple moving average of $11.61 and a 200-day simple moving average of $12.36.

Steelcase (NYSE:SCS) last issued its earnings results on Wednesday, March 26th. The business services provider reported $0.26 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.20 by $0.06. Steelcase had a net margin of 3.63% and a return on equity of 14.20%. The firm had revenue of $788.00 million for the quarter, compared to analysts’ expectations of $790.90 million. During the same quarter last year, the company posted $0.23 earnings per share. Steelcase’s revenue was up 1.7% on a year-over-year basis. As a group, equities research analysts expect that Steelcase will post 1 earnings per share for the current year.

Steelcase Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Monday, April 21st. Shareholders of record on Monday, April 7th will be given a dividend of $0.10 per share. The ex-dividend date is Monday, April 7th. This represents a $0.40 dividend on an annualized basis and a yield of 3.54%. Steelcase’s dividend payout ratio (DPR) is presently 41.67%.

Insiders Place Their Bets

In related news, VP Robert G. Krestakos sold 5,000 shares of Steelcase stock in a transaction dated Wednesday, January 22nd. The stock was sold at an average price of $11.74, for a total transaction of $58,700.00. Following the transaction, the vice president now directly owns 114,481 shares of the company’s stock, valued at $1,344,006.94. The trade was a 4.18 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. 12.96% of the stock is owned by insiders.

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.