Tempur Sealy International - TPX Stock Forecast, Price & News

9 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Tempur Sealy International in the last twelve months. There are currently 3 hold ratings, 5 buy ratings and 1 strong buy rating for the stock. The consensus among Wall Street equities research analysts is that investors should "buy" TPX shares.
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9 Wall Street research analysts have issued 12 month target prices for Tempur Sealy International's stock. Their TPX share price forecasts range from $35.00 to $48.00. On average, they expect the company's stock price to reach $42.67 in the next twelve months. This suggests a possible upside of 14.9% from the stock's current price.
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Tempur Sealy International's stock was trading at $34.33 at the beginning of 2023. Since then, TPX stock has increased by 8.2% and is now trading at $37.14.
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The company is scheduled to release its next quarterly earnings announcement on Thursday, April 27th 2023.
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Tempur Sealy International, Inc. (NYSE:TPX) released its quarterly earnings results on Thursday, February, 9th. The company reported $0.54 earnings per share for the quarter, beating the consensus estimate of $0.52 by $0.02. The company had revenue of $1.19 billion for the quarter, compared to analyst estimates of $1.22 billion. Tempur Sealy International had a negative trailing twelve-month return on equity of 402.92% and a net margin of 9.26%. The firm's revenue was down 12.7% compared to the same quarter last year. During the same quarter last year, the firm posted $0.88 earnings per share.

Tempur Sealy International announced a quarterly dividend on Thursday, February 9th. Investors of record on Thursday, February 23rd will be given a dividend of $0.11 per share on Thursday, March 9th. This represents a $0.44 dividend on an annualized basis and a dividend yield of 1.18%. The ex-dividend date is Wednesday, February 22nd. This is an increase from the stock's previous quarterly dividend of $0.10.
Read our dividend analysis for TPX.

ETFs with the largest weight of Tempur Sealy International (NYSE:TPX) stock in their portfolio include Adaptiv Select ETF (ADPV), Invesco DWA Consumer Cyclicals Momentum ETF (PEZ), SPDR S&P Homebuilders ETF (XHB), Argent Mid Cap ETF (AMID), Pacer Lunt MidCap Multi-Factor Alternator ETF (PAMC), Fidelity Small-Mid Cap Opportunities ETF (FSMO), Invesco S&P MidCap 400 Pure Growth ETF (RFG) and Hoya Capital Housing ETF (HOMZ).

Tempur Sealy International (NYSE:TPX) pays an annual dividend of $0.44 per share and currently has a dividend yield of 1.14%. The company has been increasing its dividend for 3 consecutive year(s), indicating that it does not yet have a strong track record of dividend growth. The dividend payout ratio is 17.46%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, TPX will have a dividend payout ratio of 13.62% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for TPX.

Tempur Sealy International shares split on the morning of Tuesday, November 24th 2020. The 4-1 split was announced on Thursday, October 29th 2020. The newly issued shares were distributed to shareholders after the closing bell on Monday, November 23rd 2020. An investor that had 100 shares of stock prior to the split would have 400 shares after the split.

Tempur Sealy International updated its FY23 earnings guidance on Thursday, February, 9th. The company provided earnings per share guidance of $2.60-$2.80 for the period, compared to the consensus estimate of $2.76.

82 employees have rated Tempur Sealy International Chief Executive Officer Scott L. Thompson on Glassdoor.com. Scott L. Thompson has an approval rating of 79% among the company's employees.

Based on aggregate information from My MarketBeat watchlists, some companies that other Tempur Sealy International investors own include NVIDIA (NVDA), Advanced Micro Devices (AMD), Intel (INTC), Home Depot (HD), Lululemon Athletica (LULU), Micron Technology (MU), QUALCOMM (QCOM), Alibaba Group (BABA), Bank of America (BAC) and CVS Health (CVS).

Tempur Sealy International trades on the New York Stock Exchange (NYSE) under the ticker symbol "TPX."

Tempur Sealy International's stock is owned by many different retail and institutional investors. Top institutional shareholders include Boston Partners (6.61%), Browning West LP (6.38%), Select Equity Group L.P. (5.64%), Timucuan Asset Management Inc. FL (2.56%), Eminence Capital LP (2.28%) and Dimensional Fund Advisors LP (1.45%). Insiders that own company stock include Arik W Ruchim, Bhaskar Rao, David Montgomery, Evelyn S Dilsaver, H Clifford Buster III, Robert B Trussell Jr, Scott L Thompson, Scott Vollet, Steven H Rusing and Steven H Rusing.
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Shares of TPX stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
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One share of TPX stock can currently be purchased for approximately $37.14.

Tempur Sealy International (NYSE:TPX) has a market capitalization of $6.39 billion and generates $4.92 billion in revenue each year. The company earns $455.70 million in net income (profit) each year or $2.52 on an earnings per share basis.

The company employs 12,000 workers across the globe.

Tempur Sealy International's mailing address is 1000 TEMPUR WAY, LEXINGTON KY, 40511. The official website for the company is www.tempursealy.com. The company can be reached via phone at (800) 878-8889, via email at investor.relations@tempursealy.com, or via fax at 859-514-4422.