Somnigroup International Inc. (NYSE:SGI) Receives $106.33 Consensus Target Price from Brokerages

Shares of Somnigroup International Inc. (NYSE:SGI) have been given a consensus recommendation of “Hold” by the five research firms that are currently covering the company, MarketBeat.com reports. Three research analysts have rated the stock with a hold recommendation and two have issued a buy recommendation on the company. The average 12-month target price among brokers that have issued a report on the stock in the last year is $106.3333.

A number of research firms have issued reports on SGI. Weiss Ratings reiterated a “hold (c)” rating on shares of Somnigroup International in a research report on Monday, December 29th. UBS Group lowered their price target on shares of Somnigroup International from $122.00 to $115.00 and set a “buy” rating on the stock in a report on Wednesday, February 18th. Wall Street Zen raised shares of Somnigroup International from a “hold” rating to a “buy” rating in a research note on Friday, November 28th. Stephens started coverage on Somnigroup International in a report on Tuesday, February 10th. They set an “equal weight” rating and a $89.00 price objective for the company. Finally, Zacks Research cut Somnigroup International from a “strong-buy” rating to a “hold” rating in a research report on Tuesday, January 6th.

Institutional Inflows and Outflows

Several hedge funds have recently modified their holdings of SGI. Brown Miller Wealth Management LLC boosted its stake in shares of Somnigroup International by 2.4% during the 4th quarter. Brown Miller Wealth Management LLC now owns 4,820 shares of the company’s stock worth $430,000 after acquiring an additional 113 shares in the last quarter. HB Wealth Management LLC boosted its position in Somnigroup International by 1.0% during the fourth quarter. HB Wealth Management LLC now owns 11,885 shares of the company’s stock worth $1,061,000 after purchasing an additional 115 shares during the period. Sanctuary Advisors LLC grew its holdings in Somnigroup International by 5.1% during the fourth quarter. Sanctuary Advisors LLC now owns 2,912 shares of the company’s stock valued at $260,000 after purchasing an additional 141 shares during the last quarter. PNC Financial Services Group Inc. grew its holdings in Somnigroup International by 1.3% during the fourth quarter. PNC Financial Services Group Inc. now owns 10,926 shares of the company’s stock valued at $975,000 after purchasing an additional 142 shares during the last quarter. Finally, Fifth Third Bancorp grew its holdings in Somnigroup International by 8.1% during the fourth quarter. Fifth Third Bancorp now owns 1,974 shares of the company’s stock valued at $176,000 after purchasing an additional 148 shares during the last quarter. Institutional investors and hedge funds own 99.86% of the company’s stock.

Somnigroup International Stock Down 3.0%

NYSE SGI opened at $80.07 on Thursday. The business has a fifty day moving average of $91.16. The firm has a market capitalization of $16.84 billion, a PE ratio of 44.73, a price-to-earnings-growth ratio of 1.09 and a beta of 1.28. The company has a debt-to-equity ratio of 1.47, a quick ratio of 0.42 and a current ratio of 0.83. 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 released its earnings results on Tuesday, February 17th. The company reported $0.72 earnings per share for the quarter, meeting the consensus estimate of $0.72. The company had revenue of $1.87 billion for the quarter. Somnigroup International had a return on equity of 19.36% and a net margin of 5.14%.The company’s revenue was up 54.7% compared to the same quarter last year. During the same period last year, the firm earned $0.60 EPS. Somnigroup International has set its FY 2026 guidance at 3.000-3.400 EPS.

Somnigroup International Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Thursday, March 19th. Investors of record on Thursday, March 5th will be given a dividend of $0.17 per share. 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 dividend payout ratio (DPR) is presently 37.99%.

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.