Somnigroup International Inc. (NYSE:SGI) Plans $0.17 Quarterly Dividend

Key Points

• Somnigroup declared a $0.17 quarterly dividend payable June 4 to shareholders of record on May 21, which annualizes to a yield of about 1.0%.
• Q1 results beat estimates: the company reported $0.59 EPS vs. $0.57 expected and revenue of $1.80 billion (up 12.3% YoY), and set FY2026 guidance of $3.00–$3.40 EPS (sell-side 3.25 consensus).
• Shares fell sharply on heavy volume: the stock dropped $8.15 to $70.47 with volume ~7.27M (avg ~2.42M); the company trades at a P/E of 39.37 and has a $14.82 billion market cap.

Somnigroup International Inc. (NYSE:SGI - Get Free Report) declared a quarterly dividend on Thursday, May 7th. Shareholders of record on Thursday, May 21st will be paid a dividend of 0.17 per share on Thursday, June 4th. This represents a c) dividend on an annualized basis and a yield of 1.0%. The ex-dividend date of this dividend is Thursday, May 21st.

Somnigroup International Price Performance

Shares of NYSE SGI traded down $8.15 on Thursday, hitting $70.47. The company's stock had a trading volume of 7,271,960 shares, compared to its average volume of 2,422,505. The company has a 50 day simple moving average of $78.65. The stock has a market cap of $14.82 billion, a P/E ratio of 39.37, a price-to-earnings-growth ratio of 1.16 and a beta of 1.25. Somnigroup International has a 12-month low of $56.15 and a 12-month high of $98.56. The company has a debt-to-equity ratio of 1.47, a current ratio of 0.83 and a quick ratio of 0.42.

Somnigroup International (NYSE:SGI - Get Free Report) last issued its quarterly earnings data on Thursday, May 7th. The company reported $0.59 earnings per share for the quarter, topping analysts' consensus estimates of $0.57 by $0.02. Somnigroup International had a net margin of 5.14% and a return on equity of 19.36%. The business had revenue of $1.80 billion during the quarter. During the same period last year, the business earned $0.49 earnings per share. The company's revenue for the quarter was up 12.3% on a year-over-year basis. Somnigroup International has set its FY 2026 guidance at 3.000-3.400 EPS. Sell-side analysts expect that Somnigroup International will post 3.25 EPS for the current fiscal year.

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.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.