Noble Financial Issues Negative Estimate for SGC Earnings

Key Points

• Noble Financial has lowered its Q3 2025 earnings per share forecast for Superior Group of Companies from $0.23 to $0.22, maintaining an "Outperform" rating with a price target of $16.00.
• The company's stock has seen an increase of 18.5%, opening at $11.35, as it is affected by a mix of analyst ratings including a downgrade to "hold" from "buy" by Wall Street Zen.
• Superior Group of Companies announced a quarterly dividend of $0.14, representing a 4.9% annual yield, despite a high dividend payout ratio of 109.80%.

Superior Group of Companies, Inc. (NASDAQ:SGC - Free Report) - Equities research analysts at Noble Financial lowered their Q3 2025 EPS estimates for shares of Superior Group of Companies in a report released on Wednesday, August 6th. Noble Financial analyst M. Kupinski now expects that the textile maker will post earnings per share of $0.22 for the quarter, down from their prior forecast of $0.23. Noble Financial currently has a "Outperform" rating and a $16.00 price target on the stock. The consensus estimate for Superior Group of Companies' current full-year earnings is $0.77 per share.

Superior Group of Companies (NASDAQ:SGC - Get Free Report) last posted its earnings results on Tuesday, August 5th. The textile maker reported $0.10 earnings per share for the quarter, topping the consensus estimate of $0.05 by $0.05. Superior Group of Companies had a net margin of 1.44% and a return on equity of 4.22%. The company had revenue of $144.05 million for the quarter, compared to analyst estimates of $133.32 million.

Several other brokerages also recently issued reports on SGC. Barrington Research lowered their price objective on shares of Superior Group of Companies from $18.00 to $15.00 and set an "outperform" rating for the company in a research report on Tuesday, May 13th. Wall Street Zen downgraded Superior Group of Companies from a "buy" rating to a "hold" rating in a research note on Saturday, April 19th.

Superior Group of Companies Trading Down 1.8%

Superior Group of Companies stock traded down $0.21 during mid-day trading on Thursday, hitting $11.21. 32,255 shares of the company's stock were exchanged, compared to its average volume of 43,264. The company's 50 day simple moving average is $10.49 and its 200-day simple moving average is $11.47. The company has a quick ratio of 1.85, a current ratio of 2.71 and a debt-to-equity ratio of 0.49. The firm has a market capitalization of $179.02 million, a P/E ratio of 21.98, a PEG ratio of 2.54 and a beta of 1.45. Superior Group of Companies has a fifty-two week low of $9.11 and a fifty-two week high of $18.48.

Institutional Investors Weigh In On Superior Group of Companies

Hedge funds and other institutional investors have recently added to or reduced their stakes in the business. Two Sigma Advisers LP raised its holdings in shares of Superior Group of Companies by 16.7% in the 4th quarter. Two Sigma Advisers LP now owns 18,900 shares of the textile maker's stock valued at $312,000 after purchasing an additional 2,700 shares during the period. Dimensional Fund Advisors LP boosted its stake in shares of Superior Group of Companies by 4.5% during the 4th quarter. Dimensional Fund Advisors LP now owns 932,310 shares of the textile maker's stock worth $15,411,000 after acquiring an additional 39,894 shares during the period. Wells Fargo & Company MN increased its holdings in shares of Superior Group of Companies by 0.9% during the 4th quarter. Wells Fargo & Company MN now owns 252,237 shares of the textile maker's stock worth $4,169,000 after acquiring an additional 2,320 shares during the last quarter. BNP Paribas Financial Markets raised its stake in Superior Group of Companies by 344.4% in the 4th quarter. BNP Paribas Financial Markets now owns 12,340 shares of the textile maker's stock valued at $204,000 after acquiring an additional 9,563 shares during the period. Finally, Arrowstreet Capital Limited Partnership lifted its holdings in Superior Group of Companies by 36.8% during the 4th quarter. Arrowstreet Capital Limited Partnership now owns 182,888 shares of the textile maker's stock valued at $3,023,000 after purchasing an additional 49,156 shares during the last quarter. 33.75% of the stock is currently owned by institutional investors and hedge funds.

Superior Group of Companies Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Friday, August 29th. Shareholders of record on Monday, August 18th will be paid a $0.14 dividend. This represents a $0.56 annualized dividend and a yield of 5.0%. The ex-dividend date is Monday, August 18th. Superior Group of Companies's payout ratio is presently 109.80%.

About Superior Group of Companies

Superior Group of Companies, Inc manufactures and sells apparel and accessories in the United States and internationally. It operates through three segments: Branded Products, Healthcare Apparel, and Contact Centers. The Branded Products segment produces and sells customized merchandising solutions, promotional products, and branded uniform to chain retailer, food service, entertainment, technology, transportation, and other industries under BAMKO and HPI brands.