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

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

Wall Street Analysts Forecast Growth

A number of research firms have commented on SGI. Zacks Research cut shares of Somnigroup International from a “strong-buy” rating to a “hold” rating in a research report on Tuesday, January 6th. Wall Street Zen upgraded Somnigroup International from a “hold” rating to a “buy” rating in a research report on Friday, November 28th. UBS Group decreased their price objective on Somnigroup International from $122.00 to $115.00 and set a “buy” rating on the stock in a research note on Wednesday, February 18th. Weiss Ratings reissued a “hold (c)” rating on shares of Somnigroup International in a research note on Monday, December 29th. Finally, 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 target price on the stock. One analyst has rated the stock with a Buy rating and three have issued a Hold rating to the stock. According to data from MarketBeat.com, the company has a consensus rating of “Hold” and a consensus target price of $102.00.

Somnigroup International Stock Performance

Shares of NYSE:SGI traded down $0.36 during midday trading on Wednesday, hitting $85.77. The company’s stock had a trading volume of 1,443,074 shares, compared to its average volume of 1,788,945. 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 stock’s 50 day moving average is $91.54. The firm has a market capitalization of $18.04 billion, a PE ratio of 47.92, a price-to-earnings-growth ratio of 1.19 and a beta of 1.28. Somnigroup International has a fifty-two week low of $53.10 and a fifty-two week high of $98.56.

Somnigroup International (NYSE:SGI) last issued its quarterly earnings results on Tuesday, February 17th. The company reported $0.72 EPS for the quarter, hitting the consensus estimate of $0.72. Somnigroup International had a return on equity of 19.36% and a net margin of 5.14%.The company had revenue of $1.87 billion for the quarter. During the same period in the prior year, the firm earned $0.60 earnings per share. The business’s quarterly revenue was up 54.7% on a year-over-year basis. Somnigroup International has set its FY 2026 guidance at 3.000-3.400 EPS.

Somnigroup International Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Thursday, March 19th. Shareholders of record on Thursday, March 5th will be issued a $0.17 dividend. This represents a $0.68 annualized dividend and a yield of 0.8%. The ex-dividend date of this dividend is Thursday, March 5th. Somnigroup International’s payout ratio is 33.52%.

Institutional Inflows and Outflows

A number of institutional investors have recently modified their holdings of SGI. JPMorgan Chase & Co. grew its holdings in Somnigroup International by 7.3% during the 4th quarter. JPMorgan Chase & Co. now owns 3,429,208 shares of the company’s stock worth $306,160,000 after acquiring an additional 232,953 shares during the period. Third Point LLC grew its stake in shares of Somnigroup International by 13.3% during the fourth quarter. Third Point LLC now owns 3,400,000 shares of the company’s stock worth $303,552,000 after purchasing an additional 400,000 shares during the period. Invesco Ltd. grew its stake in shares of Somnigroup International by 14.4% during the fourth quarter. Invesco Ltd. now owns 1,639,022 shares of the company’s stock worth $146,332,000 after purchasing an additional 205,946 shares during the period. Charles Schwab Investment Management Inc. increased its holdings in Somnigroup International by 0.3% in the fourth quarter. Charles Schwab Investment Management Inc. now owns 1,374,844 shares of the company’s stock valued at $122,746,000 after purchasing an additional 4,237 shares during the last quarter. Finally, Morgan Stanley lifted its stake in Somnigroup International by 10.1% in the fourth quarter. Morgan Stanley now owns 1,178,755 shares of the company’s stock valued at $105,239,000 after buying an additional 107,898 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.