Somnigroup International (NYSE:SGI – Get Free Report) issued an update on its FY 2026 earnings guidance on Monday morning. The company provided earnings per share guidance of 2.850-2.950 for the period, compared to the consensus estimate of 3.110.
Analyst Upgrades and Downgrades
SGI has been the topic of several analyst reports. UBS Group dropped their target price on Somnigroup International from $102.00 to $87.00 and set a “buy” rating on the stock in a report on Tuesday. Piper Sandler restated an “overweight” rating and set a $100.00 price target (up from $95.00) on shares of Somnigroup International in a report on Thursday, September 3rd. KeyCorp lowered their price target on Somnigroup International from $105.00 to $100.00 and set an “overweight” rating for the company in a research report on Tuesday. Truist Financial dropped their price target on shares of Somnigroup International from $115.00 to $100.00 and set a “buy” rating on the stock in a research note on Friday, August 7th. Finally, Wall Street Zen upgraded shares of Somnigroup International from a “sell” rating to a “hold” rating in a research note on Saturday, September 5th. Nine investment analysts have rated the stock with a Buy rating and two have given a Hold rating to the company’s stock. According to data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and an average price target of $93.33.
Somnigroup International Price Performance
Somnigroup International (NYSE:SGI – Get Free Report) last issued its earnings results on Monday, November 9th. The company reported $1.04 EPS for the quarter, missing the consensus estimate of $1.06 by ($0.02). The business had revenue of $2.35 billion for the quarter. Somnigroup International had a net margin of 6.62% and a return on equity of 17.84%. The company’s revenue was up 10.8% on a year-over-year basis. During the same quarter last year, the company posted $0.95 EPS. Somnigroup International has set its FY 2026 guidance at 2.850-2.950 EPS. As a group, equities research analysts anticipate that Somnigroup International will post 3.09 earnings per share for the current fiscal year.
Somnigroup International Dividend Announcement
The firm also recently declared a quarterly dividend, which will be paid on Monday, December 7th. Stockholders of record on Monday, November 23rd will be issued a dividend of $0.17 per share. This represents a $0.68 dividend on an annualized basis and a dividend yield of 1.1%. The ex-dividend date of this dividend is Monday, November 23rd. Somnigroup International’s dividend payout ratio is presently 27.20%.
Insider Activity at Somnigroup International
In other Somnigroup International news, CEO Scott Thompson acquired 30,000 shares of the company’s stock in a transaction that occurred on Thursday, August 27th. The shares were bought at an average cost of $62.84 per share, with a total value of $1,885,200.00. Following the completion of the transaction, the chief executive officer directly owned 4,123,634 shares of the company’s stock, valued at approximately $259,129,160.56. This represents a 0.73% increase in their position. The purchase was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this hyperlink. 3.99% of the stock is owned by company insiders.
Key Somnigroup International News
Here are the key news stories impacting Somnigroup International this week:
- Positive Sentiment: Somnigroup reported record Q3 net sales of about $2.4 billion, up 11% year over year. Adjusted EPS rose 9.5% to $1.04, and cash flow from operations was $349 million. Q3 results
- Positive Sentiment: The company declared a quarterly cash dividend of $0.17 per share, payable December 7 to shareholders of record November 23. Dividend announcement
- Neutral Sentiment: UBS, Morgan Stanley and KeyCorp lowered their price targets, but each maintained a positive rating (Buy or Overweight), indicating continued confidence in longer-term upside. UBS rating and target
- Negative Sentiment: Adjusted EPS of $1.04 missed the $1.06 consensus estimate, while the company cut 2026 EPS guidance to $2.85–$2.95 from analyst expectations of about $3.11. Reports cited Dreams-related disruption and weak Mattress Firm demand as key headwinds—likely the main reasons for investor concern. Q3 earnings and demand pressures
Somnigroup International Company Profile
Somnigroup International, Inc. is a bedding company that designs, manufactures, distributes and sells mattresses and related sleep products. Its offerings include adjustable bases, pillows and other bedding accessories, marketed under brands such as Tempur-Pedic, Sealy and Stearns & Foster. The company also operates Mattress Firm, a mattress retailer with stores across the United States. Through its brands, retail business and other sales channels, Somnigroup serves customers in the U.S. and international markets.
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