Superior Group of Companies, Inc. (SGC) To Go Ex-Dividend on August 14th

Superior Group of Companies, Inc. (NASDAQ:SGC) declared a quarterly dividend on Tuesday, August 4th. Investors of record on Friday, August 14th will be paid a dividend of 0.14 per share by the textile maker on Friday, August 28th. This represents a c) dividend on an annualized basis and a yield of 4.0%. The ex-dividend date is Friday, August 14th.

Superior Group of Companies has raised its dividend by an average of 0.1%per year over the last three years. Superior Group of Companies has a payout ratio of 67.5% indicating that its dividend is sufficiently covered by earnings. Equities analysts expect Superior Group of Companies to earn $0.96 per share next year, which means the company should continue to be able to cover its $0.56 annual dividend with an expected future payout ratio of 58.3%.

Superior Group of Companies Price Performance

Superior Group of Companies stock opened at $13.83 on Thursday. The company has a debt-to-equity ratio of 0.42, a quick ratio of 1.76 and a current ratio of 2.73. Superior Group of Companies has a 52 week low of $8.30 and a 52 week high of $14.59. The stock has a market capitalization of $216.16 million, a P/E ratio of 25.15, a price-to-earnings-growth ratio of 2.38 and a beta of 1.45. The stock has a fifty day moving average of $13.05 and a 200-day moving average of $11.48.

Superior Group of Companies (NASDAQ:SGC) last released its earnings results on Tuesday, August 4th. The textile maker reported $0.21 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.10 by $0.11. The firm had revenue of $147.84 million for the quarter, compared to analysts’ expectations of $142.87 million. Superior Group of Companies had a return on equity of 5.29% and a net margin of 1.44%.Superior Group of Companies has set its FY 2026 guidance at 0.540-0.660 EPS. On average, sell-side analysts expect that Superior Group of Companies will post 0.59 earnings per share for the current fiscal year.

Analyst Upgrades and Downgrades

A number of analysts have weighed in on SGC shares. Wall Street Zen raised shares of Superior Group of Companies from a “buy” rating to a “strong-buy” rating in a research note on Saturday, May 9th. Weiss Ratings raised Superior Group of Companies from a “hold (c)” rating to a “hold (c+)” rating in a research note on Monday, June 1st. Finally, DA Davidson raised their price objective on Superior Group of Companies from $15.00 to $18.00 and gave the stock a “buy” rating in a research report on Tuesday. Two analysts have rated the stock with a Buy rating and one has issued a Hold rating to the company’s stock. According to MarketBeat, the company currently has a consensus rating of “Moderate Buy” and an average price target of $17.00.

About Superior Group of Companies

Superior Group of Companies is a global developer and manufacturer of specialty packaging materials, including films, laminations and pressure-sensitive adhesives. Founded in 1969 and headquartered in Santa Fe Springs, California, the company combines advanced printing technologies with materials science expertise to deliver customized packaging solutions for industries such as food and beverage, healthcare, personal care and household products.

Through a network of manufacturing and distribution facilities across North America, Europe and Asia, Superior Group serves both multinational brand owners and regional producers.