Somnigroup International (NYSE:SGI – Get Free Report) updated its FY 2026 earnings guidance on Thursday morning. The company provided earnings per share guidance of 2.850-3.150 for the period, compared to the consensus EPS estimate of 3.150. The company issued revenue guidance of -.
Analyst Ratings Changes
SGI has been the topic of a number of research analyst reports. Weiss Ratings lowered shares of Somnigroup International from a “buy (b-)” rating to a “hold (c+)” rating in a report on Tuesday, May 26th. Truist Financial reduced their target price on Somnigroup International from $115.00 to $100.00 and set a “buy” rating on the stock in a report on Friday. Bank of America reduced their price objective on Somnigroup International from $106.00 to $96.00 and set a “buy” rating on the stock in a research note on Tuesday, April 14th. Zelman & Associates initiated coverage on shares of Somnigroup International in a report on Tuesday, June 23rd. They issued an “outperform” rating and a $99.00 price target on the stock. Finally, Morgan Stanley assumed coverage on shares of Somnigroup International in a research note on Monday, July 27th. They set an “overweight” rating and a $95.00 price objective for the company. Six research analysts have rated the stock with a Buy rating and three have issued a Hold rating to the company. Based on data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and an average target price of $96.00.
Check Out Our Latest Report on Somnigroup International
Somnigroup International Stock Down 0.2%
Somnigroup International (NYSE:SGI – Get Free Report) last announced its earnings results on Thursday, August 6th. The company reported $0.58 earnings per share (EPS) for the quarter, hitting analysts’ consensus estimates of $0.58. The business had revenue of $1.82 billion for the quarter. Somnigroup International had a return on equity of 19.62% and a net margin of 6.80%.The firm’s revenue was down 3.0% compared to the same quarter last year. During the same period in the previous year, the firm posted $0.53 earnings per share. Somnigroup International has set its FY 2026 guidance at 2.850-3.150 EPS. On average, research analysts predict that Somnigroup International will post 3.15 earnings per share for the current year.
Somnigroup International Announces Dividend
The business also recently declared a quarterly dividend, which will be paid on Thursday, September 3rd. Stockholders of record on Thursday, August 20th will be given a dividend of $0.17 per share. The ex-dividend date of this dividend is Thursday, August 20th. This represents a $0.68 dividend on an annualized basis and a dividend yield of 1.1%. Somnigroup International’s dividend payout ratio (DPR) is presently 27.76%.
Key Somnigroup International News
Here are the key news stories impacting Somnigroup International this week:
- Positive Sentiment: Somnigroup reported quarterly EPS of $0.58, matching analyst expectations and rising from $0.53 a year earlier. EPS increased 11%, while adjusted EPS grew 9%, and gross margins expanded. Somnigroup International Reports Second Quarter 2026 Results
- Positive Sentiment: Operating cash flow reached a record $236 million for the second quarter, supporting the company’s financial flexibility and ongoing synergy and efficiency initiatives. Somnigroup International Reports Second Quarter 2026 Results
- Positive Sentiment: The board declared a quarterly dividend of $0.17 per share, payable September 3 to shareholders of record August 20. The annualized payout is approximately $0.68 per share, representing a yield of about 1%. Somnigroup Announces Third Quarter Cash Dividend
- Neutral Sentiment: Brokerages maintain an overall “Moderate Buy” rating, indicating that analysts remain constructive despite near-term concerns. Somnigroup Receives Moderate Buy Rating
- Negative Sentiment: Revenue fell 3.0% year over year to $1.82 billion and was below analyst estimates. Management cited industry softness and inflationary pressure, which raised concerns about demand and near-term execution. Somnigroup International Q2 Earnings Snapshot
- Negative Sentiment: Somnigroup set fiscal 2026 EPS guidance at $2.85–$3.15, with the midpoint below the $3.15 analyst consensus. The cautious outlook appears to have outweighed the earnings, margin and cash-flow improvements. Somnigroup International Reports Second Quarter 2026 Results
Institutional Inflows and Outflows
Hedge funds have recently added to or reduced their stakes in the stock. Allworth Financial LP bought a new position in shares of Somnigroup International during the third quarter worth about $32,000. Kestra Advisory Services LLC acquired a new stake in shares of Somnigroup International during the 4th quarter valued at approximately $57,000. Los Angeles Capital Management LLC bought a new position in Somnigroup International during the fourth quarter worth $79,000. Quarry LP acquired a new position in Somnigroup International in the fourth quarter worth $83,000. Finally, UMB Bank n.a. increased its stake in Somnigroup International by 14.4% during the fourth quarter. UMB Bank n.a. now owns 2,563 shares of the company’s stock valued at $229,000 after purchasing an additional 322 shares during the last quarter. 99.86% of the stock is owned by institutional investors and hedge funds.
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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