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

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

Wall Street Analyst Weigh In

Several equities analysts have commented on SGI shares. Weiss Ratings reissued a “hold (c)” rating on shares of Somnigroup International in a research report on Monday, December 29th. Truist Financial increased their price target on shares of Somnigroup International from $105.00 to $115.00 and gave the stock a “buy” rating in a research note on Thursday. UBS Group dropped their price objective on shares of Somnigroup International from $122.00 to $115.00 and set a “buy” rating on the stock in a research note on Wednesday, February 18th. Stephens began coverage on shares of Somnigroup International in a report on Tuesday, February 10th. They issued an “equal weight” rating and a $89.00 price objective on the stock. Finally, Zacks Research lowered shares of Somnigroup International from a “strong-buy” rating to a “hold” rating in a report on Tuesday, January 6th. Two investment analysts have rated the stock with a Buy rating and three have assigned a Hold rating to the company. According to data from MarketBeat, the stock currently has an average rating of “Hold” and a consensus target price of $106.33.

Somnigroup International Stock Down 3.7%

Shares of NYSE SGI opened at $82.55 on Friday. The stock has a market cap of $17.36 billion, a price-to-earnings ratio of 46.12, a P/E/G ratio of 1.16 and a beta of 1.28. Somnigroup International has a twelve month low of $53.10 and a twelve month high of $98.56. The company has a debt-to-equity ratio of 1.47, a quick ratio of 0.42 and a current ratio of 0.83. The stock has a 50 day moving average price of $91.39.

Somnigroup International (NYSE:SGI) last posted its earnings results on Tuesday, February 17th. The company reported $0.72 EPS for the quarter, hitting analysts’ consensus estimates of $0.72. The business had revenue of $1.87 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 54.7% on a year-over-year basis. During the same period in the previous year, the business posted $0.60 EPS. Somnigroup International has set its FY 2026 guidance at 3.000-3.400 EPS.

Somnigroup International Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Thursday, March 19th. Shareholders of record on Thursday, March 5th will be given a $0.17 dividend. This represents a $0.68 dividend on an annualized basis and a yield of 0.8%. The ex-dividend date of this dividend is Thursday, March 5th. Somnigroup International’s payout ratio is 37.99%.

Hedge Funds Weigh In On Somnigroup International

Institutional investors have recently made changes to their positions in the business. Allworth Financial LP purchased a new position in shares of Somnigroup International in the third quarter worth approximately $32,000. Kestra Advisory Services LLC bought a new position in Somnigroup International in the fourth quarter worth approximately $57,000. Los Angeles Capital Management LLC bought a new position in Somnigroup International in the fourth quarter worth approximately $79,000. Quarry LP purchased a new position in shares of Somnigroup International during the 4th quarter worth $83,000. Finally, UMB Bank n.a. grew its position in shares of Somnigroup International by 14.4% during the 4th quarter. UMB Bank n.a. now owns 2,563 shares of the company’s stock valued at $229,000 after acquiring an additional 322 shares during the period. 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.