Superior Group of Companies, Inc. (SGC) to Issue Quarterly Dividend of $0.14 on May 29th

Superior Group of Companies, Inc. (NASDAQ:SGC) declared a quarterly dividend on Monday, May 4th. Investors of record on Friday, May 15th will be paid a dividend of 0.14 per share by the textile maker on Friday, May 29th. This represents a c) annualized dividend and a yield of 4.8%. The ex-dividend date of this dividend is Friday, May 15th.

Superior Group of Companies has increased its dividend payment by an average of 0.1%annually over the last three years. Superior Group of Companies has a payout ratio of 67.5% meaning its dividend is sufficiently covered by earnings. Analysts expect Superior Group of Companies to earn $0.90 per share next year, which means the company should continue to be able to cover its $0.56 annual dividend with an expected future payout ratio of 62.2%.

Superior Group of Companies Stock Up 1.1%

SGC stock opened at $11.67 on Wednesday. The company has a market cap of $183.22 million, a price-to-earnings ratio of 20.47, a P/E/G ratio of 1.99 and a beta of 1.41. Superior Group of Companies has a twelve month low of $8.30 and a twelve month high of $13.78. The business has a 50 day moving average price of $10.53 and a two-hundred day moving average price of $10.07. The company has a quick ratio of 1.76, a current ratio of 2.66 and a debt-to-equity ratio of 0.45.

Superior Group of Companies (NASDAQ:SGC) last announced its quarterly earnings data on Monday, May 4th. The textile maker reported $0.06 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.02 by $0.04. The company had revenue of $140.88 million for the quarter, compared to analysts’ expectations of $138.21 million. Superior Group of Companies had a return on equity of 4.45% and a net margin of 1.51%.Superior Group of Companies has set its FY 2026 guidance at 0.540-0.660 EPS. Analysts anticipate that Superior Group of Companies will post 0.58 EPS for the current fiscal year.

Analyst Ratings Changes

Several research firms have issued reports on SGC. DA Davidson upped their price target on shares of Superior Group of Companies from $14.00 to $15.00 and gave the stock a “buy” rating in a research report on Tuesday. Wall Street Zen lowered shares of Superior Group of Companies from a “strong-buy” rating to a “buy” rating in a research note on Sunday, April 26th. Finally, Weiss Ratings reaffirmed a “hold (c)” rating on shares of Superior Group of Companies in a report on Tuesday, April 21st. Three equities research analysts have rated the stock with a Buy rating and one has given a Hold rating to the company’s stock. According to data from MarketBeat, Superior Group of Companies currently has a consensus rating of “Moderate Buy” and an average price target of $15.67.

Superior Group of Companies Company Profile

Superior Group of Companies is a global developer and manufacturer of specialty packaging materials, including films, laminations and pressure-sensitive adhesives. Founded in 1969 and headquartered in Santa Fe Springs, California, the company combines advanced printing technologies with materials science expertise to deliver customized packaging solutions for industries such as food and beverage, healthcare, personal care and household products.

Through a network of manufacturing and distribution facilities across North America, Europe and Asia, Superior Group serves both multinational brand owners and regional producers.