Somnigroup International Inc. (SGI) to Issue Quarterly Dividend of $0.17 on September 3rd

Somnigroup International Inc. (NYSE:SGI) announced a quarterly dividend on Wednesday, August 5th. Stockholders of record on Thursday, August 20th will be paid a dividend of 0.17 per share on Thursday, September 3rd. This represents a c) dividend on an annualized basis and a dividend yield of 1.0%. The ex-dividend date of this dividend is Thursday, August 20th.

Somnigroup International Stock Performance

Shares of NYSE:SGI opened at $65.27 on Friday. Somnigroup International has a 1 year low of $60.39 and a 1 year high of $98.56. The stock has a market capitalization of $13.73 billion, a price-to-earnings ratio of 26.64, a price-to-earnings-growth ratio of 1.30 and a beta of 1.20. The company has a debt-to-equity ratio of 1.41, a current ratio of 0.78 and a quick ratio of 0.38. The company’s 50 day simple moving average is $72.37 and its 200 day simple moving average is $77.66.

Somnigroup International (NYSE:SGI) last issued its earnings results on Thursday, August 6th. The company reported $0.58 earnings per share for the quarter, meeting analysts’ consensus estimates of $0.58. Somnigroup International had a return on equity of 19.62% and a net margin of 6.80%.The firm had revenue of $1.82 billion for the quarter. During the same period in the prior year, the business posted $0.53 EPS. The company’s revenue for the quarter was down 3.0% compared to the same quarter last year. Somnigroup International has set its FY 2026 guidance at 2.850-3.150 EPS. As a group, research analysts predict that Somnigroup International will post 3.15 EPS for the current fiscal year.

Institutional Inflows and Outflows

A number of institutional investors have recently made changes to their positions in the company. Core Wealth Advisors LLC purchased a new stake in Somnigroup International in the 4th quarter worth about $30,000. Allworth Financial LP bought a new position in Somnigroup International during the third quarter worth about $32,000. Elyxium Wealth LLC purchased a new position in shares of Somnigroup International in the fourth quarter worth about $35,000. First Horizon Corp grew its stake in Somnigroup International by 93.3% in the 4th quarter. First Horizon Corp now owns 464 shares of the company’s stock valued at $41,000 after buying an additional 224 shares in the last quarter. Finally, Mirae Asset Global Investments Co. Ltd. bought a new stake in Somnigroup International during the 4th quarter valued at $42,000. Hedge funds and other 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.