Somnigroup International (NYSE:SGI) Updates FY 2028 Earnings Guidance

Somnigroup International (NYSE:SGI) updated its FY 2028 earnings guidance on Wednesday. The company provided earnings per share (EPS) guidance of 5.150-5.150 for the period, compared to the consensus estimate of 4.800. The company issued revenue guidance of -.

Analyst Upgrades and Downgrades

SGI has been the subject of a number of research analyst reports. Zacks Research cut Somnigroup International from a “strong-buy” rating to a “hold” rating in a report on Tuesday, January 6th. Wall Street Zen raised Somnigroup International from a “hold” rating to a “buy” rating in a report on Friday, November 28th. Weiss Ratings reiterated a “hold (c)” rating on shares of Somnigroup International in a report on Monday, December 29th. Stephens began coverage on Somnigroup International in a research report on Tuesday, February 10th. They issued an “equal weight” rating and a $89.00 target price on the stock. Finally, UBS Group lowered their target price on Somnigroup International from $122.00 to $115.00 and set a “buy” rating on the stock in a research note on Wednesday, February 18th. One research analyst has rated the stock with a Buy rating and three have assigned a Hold rating to the company. According to MarketBeat, the stock currently has an average rating of “Hold” and a consensus price target of $102.00.

Somnigroup International Stock Performance

Shares of Somnigroup International stock traded down $0.36 during midday trading on Wednesday, hitting $85.77. 1,443,074 shares of the company traded hands, compared to its average volume of 1,788,945. The business has a fifty day simple moving average of $91.54. The stock has a market capitalization of $18.04 billion, a PE ratio of 47.92, a price-to-earnings-growth ratio of 1.19 and a beta of 1.28. The company has a debt-to-equity ratio of 1.47, a quick ratio of 0.42 and a current ratio of 0.83. Somnigroup International has a 12 month low of $53.10 and a 12 month high of $98.56.

Somnigroup International (NYSE:SGI) last released its quarterly earnings data on Tuesday, February 17th. The company reported $0.72 earnings per share for the quarter, meeting the consensus estimate of $0.72. The company had revenue of $1.87 billion for the quarter. Somnigroup International had a return on equity of 19.36% and a net margin of 5.14%.The company’s revenue was up 54.7% compared to the same quarter last year. During the same period last year, the business earned $0.60 EPS. Somnigroup International has set its FY 2026 guidance at 3.000-3.400 EPS.

Somnigroup International Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Thursday, March 19th. Investors of record on Thursday, March 5th will be issued a $0.17 dividend. This represents a $0.68 dividend on an annualized basis and a yield of 0.8%. The ex-dividend date is Thursday, March 5th. Somnigroup International’s dividend payout ratio (DPR) is 33.52%.

Institutional Investors Weigh In On Somnigroup International

Several institutional investors and hedge funds have recently made changes to their positions in SGI. Illinois Municipal Retirement Fund grew its stake in Somnigroup International by 0.5% in the fourth quarter. Illinois Municipal Retirement Fund now owns 32,172 shares of the company’s stock valued at $2,872,000 after acquiring an additional 172 shares during the period. Janney Montgomery Scott LLC increased its stake in Somnigroup International by 1.0% during the 4th quarter. Janney Montgomery Scott LLC now owns 18,115 shares of the company’s stock valued at $1,617,000 after purchasing an additional 173 shares in the last quarter. Principal Securities Inc. raised its holdings in Somnigroup International by 5.3% during the fourth quarter. Principal Securities Inc. now owns 3,573 shares of the company’s stock worth $319,000 after buying an additional 180 shares during the last quarter. Quadrant Capital Group LLC lifted its stake in shares of Somnigroup International by 1.1% in the fourth quarter. Quadrant Capital Group LLC now owns 18,768 shares of the company’s stock valued at $1,676,000 after buying an additional 212 shares in the last quarter. Finally, MML Investors Services LLC grew its holdings in shares of Somnigroup International by 0.7% during the fourth quarter. MML Investors Services LLC now owns 43,179 shares of the company’s stock valued at $3,855,000 after buying an additional 306 shares during the last quarter. Institutional investors and hedge funds own 99.86% of the company’s stock.

About Somnigroup International

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.