Somnigroup International (NYSE:SGI) Issues FY 2026 Earnings Guidance

Somnigroup International (NYSE:SGIGet Free Report) issued an update on its FY 2026 earnings guidance on Thursday morning. The company provided EPS guidance of 3.000-3.400 for the period, compared to the consensus EPS estimate of 3.240. The company issued revenue guidance of -.

Somnigroup International Stock Down 1.7%

Shares of NYSE:SGI traded down $1.23 during trading on Friday, reaching $69.44. The stock had a trading volume of 2,784,599 shares, compared to its average volume of 2,417,558. Somnigroup International has a 52 week low of $59.01 and a 52 week high of $98.56. The stock has a market capitalization of $14.61 billion, a price-to-earnings ratio of 38.79, a price-to-earnings-growth ratio of 1.23 and a beta of 1.25. The company has a debt-to-equity ratio of 1.47, a current ratio of 0.83 and a quick ratio of 0.42. The firm’s fifty day moving average is $78.29.

Somnigroup International (NYSE:SGIGet Free Report) last released its quarterly earnings results on Thursday, May 7th. The company reported $0.59 EPS for the quarter, beating analysts’ consensus estimates of $0.57 by $0.02. Somnigroup International had a net margin of 5.14% and a return on equity of 19.36%. The company had revenue of $1.80 billion for the quarter. During the same period in the prior year, the business earned $0.49 EPS. The company’s revenue for the quarter was up 12.3% compared to the same quarter last year. Somnigroup International has set its FY 2026 guidance at 3.000-3.400 EPS. On average, analysts forecast that Somnigroup International will post 3.25 EPS for the current year.

Somnigroup International Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Thursday, June 4th. Stockholders of record on Thursday, May 21st will be given a $0.17 dividend. The ex-dividend date of this dividend is Thursday, May 21st. This represents a $0.68 dividend on an annualized basis and a dividend yield of 1.0%. Somnigroup International’s dividend payout ratio (DPR) is currently 37.99%.

Wall Street Analysts Forecast Growth

Several equities research analysts have recently issued reports on SGI shares. Jefferies Financial Group upgraded shares of Somnigroup International from a “hold” rating to a “buy” rating and lowered their price objective for the stock from $90.00 to $88.00 in a research note on Thursday, March 26th. UBS Group lowered their price objective on shares of Somnigroup International from $115.00 to $110.00 and set a “buy” rating on the stock in a research note on Thursday, April 30th. Stephens restated an “equal weight” rating and issued a $89.00 price objective on shares of Somnigroup International in a research note on Tuesday, April 14th. Bank of America lowered their price objective on shares of Somnigroup International from $106.00 to $96.00 and set a “buy” rating on the stock in a research note on Tuesday, April 14th. Finally, Truist Financial raised their price objective on shares of Somnigroup International from $105.00 to $115.00 and gave the stock a “buy” rating in a research note on Thursday, March 5th. Four investment analysts have rated the stock with a Buy rating and three have issued a Hold rating to the company. Based on data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and an average target price of $99.60.

View Our Latest Research Report on SGI

Somnigroup International News Summary

Here are the key news stories impacting Somnigroup International this week:

Institutional Investors Weigh In On Somnigroup International

Hedge funds and other institutional investors have recently modified their holdings of the stock. Compound Planning Inc. boosted its stake in Somnigroup International by 15.8% during the fourth quarter. Compound Planning Inc. now owns 5,473 shares of the company’s stock worth $489,000 after buying an additional 748 shares in the last quarter. Invesco Ltd. boosted its stake in Somnigroup International by 14.4% during the fourth quarter. Invesco Ltd. now owns 1,639,022 shares of the company’s stock worth $146,332,000 after buying an additional 205,946 shares in the last quarter. Corient Private Wealth LLC acquired a new stake in Somnigroup International during the fourth quarter worth $433,000. Mercer Global Advisors Inc. ADV boosted its stake in Somnigroup International by 22.1% during the fourth quarter. Mercer Global Advisors Inc. ADV now owns 13,211 shares of the company’s stock worth $1,180,000 after buying an additional 2,389 shares in the last quarter. Finally, Empowered Funds LLC boosted its stake in Somnigroup International by 18.9% during the fourth quarter. Empowered Funds LLC now owns 40,965 shares of the company’s stock worth $3,657,000 after buying an additional 6,524 shares in the last quarter. Institutional investors and hedge funds own 99.86% of the company’s stock.

Somnigroup International Company Profile

(Get Free Report)

Somnigroup International Inc, together with its subsidiaries, designs, manufactures, distributes, and retails bedding products in the United States and internationally. It provides mattresses, foundations and adjustable foundations, and adjustable bases, as well as other products comprising pillows, mattress covers, sheets, cushions, and various other accessories and comfort products under the Tempur-Pedic, Sealy, Stearns & Foster, Sealy, and Cocoon by Sealy brand names. The company sells its products through approximately company-owned stores, online, and call centers; and third party retailers, including third party distribution, hospitality, and healthcare.

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