Somnigroup International Inc. (NYSE:SGI) Declares $0.17 Quarterly Dividend

Somnigroup International Inc. (NYSE:SGI) announced a quarterly dividend on Thursday, May 7th. Stockholders of record on Thursday, May 21st will be given a dividend of 0.17 per share on Thursday, June 4th. This represents a c) dividend on an annualized basis and a dividend yield of 1.0%. The ex-dividend date of this dividend is Thursday, May 21st.

Somnigroup International Stock Performance

SGI opened at $70.47 on Friday. Somnigroup International has a fifty-two week low of $56.15 and a fifty-two week high of $98.56. The company has a quick ratio of 0.42, a current ratio of 0.83 and a debt-to-equity ratio of 1.47. The firm has a market capitalization of $14.82 billion, a P/E ratio of 39.37, a P/E/G ratio of 1.23 and a beta of 1.25. The stock’s fifty day moving average price is $78.29.

Somnigroup International (NYSE:SGI) last posted 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. The business had revenue of $1.80 billion during the quarter. Somnigroup International had a return on equity of 19.36% and a net margin of 5.14%.The firm’s revenue for the quarter was up 12.3% compared to the same quarter last year. During the same period last year, the firm earned $0.49 EPS. Somnigroup International has set its FY 2026 guidance at 3.000-3.400 EPS. On average, equities research analysts predict that Somnigroup International will post 3.25 earnings per share for the current fiscal year.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently bought and sold shares of the business. Core Wealth Advisors LLC bought a new position in Somnigroup International in the fourth quarter valued at about $30,000. Allworth Financial LP bought a new position in Somnigroup International in the third quarter valued at about $32,000. Elyxium Wealth LLC bought a new position in Somnigroup International in the fourth quarter valued at about $35,000. First Horizon Corp grew its position in Somnigroup International by 93.3% in the fourth quarter. First Horizon Corp now owns 464 shares of the company’s stock valued at $41,000 after acquiring an additional 224 shares during the last quarter. Finally, Mirae Asset Global Investments Co. Ltd. bought a new position in Somnigroup International in the fourth quarter valued at about $42,000. Institutional investors 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.