Somnigroup International (NYSE:SGI – Get Free Report) updated its FY 2026 earnings guidance on Thursday. The company provided earnings per share (EPS) guidance of 3.000-3.400 for the period, compared to the consensus estimate of 3.240. The company issued revenue guidance of -.
Analyst Ratings Changes
Several research firms have recently issued reports on SGI. Stephens restated an “equal weight” rating and set a $89.00 price objective on shares of Somnigroup International in a report on Tuesday, April 14th. Bank of America lowered their target price on shares of Somnigroup International from $106.00 to $96.00 and set a “buy” rating for the company in a report on Tuesday, April 14th. UBS Group cut their target price on Somnigroup International from $110.00 to $105.00 and set a “buy” rating on the stock in a research report on Friday. Jefferies Financial Group upgraded Somnigroup International from a “hold” rating to a “buy” rating and cut their price objective for the stock from $90.00 to $88.00 in a report on Thursday, March 26th. Finally, Truist Financial raised their price target on shares of Somnigroup International from $105.00 to $115.00 and gave the company a “buy” rating in a report 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. According to MarketBeat.com, Somnigroup International currently has a consensus rating of “Moderate Buy” and a consensus price target of $98.60.
View Our Latest Stock Analysis on SGI
Somnigroup International Price Performance
Somnigroup International (NYSE:SGI – Get Free Report) last issued its quarterly earnings data on Thursday, May 7th. The company reported $0.59 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.57 by $0.02. Somnigroup International had a net margin of 6.80% and a return on equity of 19.62%. The company had revenue of $1.80 billion during the quarter. During the same period last year, the business earned $0.49 EPS. The firm’s revenue 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 expect that Somnigroup International will post 3.25 EPS for the current fiscal year.
Somnigroup International Announces Dividend
The company also recently declared a quarterly dividend, which will be paid on Thursday, June 4th. Investors of record on Thursday, May 21st will be paid a dividend of $0.17 per share. The ex-dividend date of this dividend is Thursday, May 21st. This represents a $0.68 annualized dividend and a yield of 1.0%. Somnigroup International’s payout ratio is 27.76%.
Somnigroup International News Summary
Here are the key news stories impacting Somnigroup International this week:
- Positive Sentiment: Somnigroup posted first-quarter adjusted EPS of $0.59, topping Wall Street estimates, while revenue rose 12.3% year over year to $1.80 billion and operating cash flow hit a record $246 million. Somnigroup International Inc. Reports First Quarter 2026 Results
- Positive Sentiment: The board declared a quarterly cash dividend of $0.17 per share, underscoring continued shareholder returns. Somnigroup Announces Second Quarter Cash Dividend
- Neutral Sentiment: Management reaffirmed full-year 2026 EPS guidance of $3.00 to $3.40, which matched expectations closely but did not provide an upside surprise. Somnigroup International Inc. Reports First Quarter 2026 Results
- Negative Sentiment: Investors appear concerned about softness in bedding demand and profitability pressure at Mattress Firm, with commentary pointing to promotional activity and margin compression. SGI Q1 deep dive: Margin expansion amid challenging bedding market and demand pressures
- Negative Sentiment: Some market coverage framed the stock’s decline as a reaction to the earnings report, with scrutiny on guidance, retail margins, and deal-related uncertainty tied to the proposed Leggett & Platt acquisition. Somnigroup (SGI) falls after Q1 report, as guidance and retail margins draw scrutiny
Hedge Funds Weigh In On Somnigroup International
Institutional investors and hedge funds have recently made changes to their positions in the business. Allworth Financial LP acquired a new stake in Somnigroup International in the third quarter valued at $32,000. Kestra Advisory Services LLC acquired a new stake in shares of Somnigroup International in the 4th quarter valued at about $57,000. Los Angeles Capital Management LLC bought a new position in shares of Somnigroup International during the fourth quarter worth about $79,000. Quarry LP bought a new position in shares of Somnigroup International during the fourth quarter worth about $83,000. Finally, UMB Bank n.a. grew its stake in Somnigroup International by 14.4% in the fourth quarter. UMB Bank n.a. now owns 2,563 shares of the company’s stock worth $229,000 after purchasing an additional 322 shares in the last quarter. 99.86% of the stock is currently owned by hedge funds and other institutional investors.
Somnigroup International Company Profile
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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