Jefferies initiated coverage of Somnigroup International with a rating of Hold
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| Date | Price Target | Rating | Analyst |
|---|---|---|---|
| 2/21/2025 | Hold | Jefferies |
Jefferies initiated coverage of Somnigroup International with a rating of Hold
– Increases quarterly cash dividend 15% to $0.15 per share LEXINGTON, Ky., Feb. 20, 2025 /PRNewswire/ -- Somnigroup International Inc. (NYSE:SGI, ", Company", or ", Somnigroup", )) today announced that its Board of Directors has declared a first quarter cash dividend on its common stock of $0.15 per share. The dividend is payable on March 20, 2025 to shareholders of record as of March 6, 2025. Somnigroup Chairman and CEO Scott Thompson commented, "We are pleased to announce this increase to our quarterly dividend. Our Board of Directors increased the quarterly dividend to $0.15 per share based on the strength of the Company's market position and demonstrated ability to generate significan
- Fourth Quarter 2024 Net Sales increased 3% to $1.2 Billion- Strong Fourth Quarter Operating Income Growth - Fourth Quarter 2024 EPS of $0.40 and Adjusted EPS(1) of $0.60, increased 13%- Increased Quarterly Cash Dividend 15% to $0.15 per share- Issues 2025 Guidance and Perspective on Consolidated Long-Term Growth LEXINGTON, Ky., Feb. 20, 2025 /PRNewswire/ -- As previously announced, Tempur Sealy International, Inc. changed its name to Somnigroup International Inc. (NYSE:SGI, ", Company", )) effective February 18, 2025. The Company today announced financial results for the fourth quarter and year ended December 31, 2024. The Company also issued financial guidance for the full year 2025, whi
– Increases quarterly cash dividend 15% to $0.15 per share LEXINGTON, Ky., Feb. 20, 2025 /PRNewswire/ -- Somnigroup International Inc. (NYSE:SGI, ", Company", or ", Somnigroup", )) today announced that its Board of Directors has declared a first quarter cash dividend on its common stock of $0.15 per share. The dividend is payable on March 20, 2025 to shareholders of record as of March 6, 2025. Somnigroup Chairman and CEO Scott Thompson commented, "We are pleased to announce this increase to our quarterly dividend. Our Board of Directors increased the quarterly dividend to $0.15 per share based on the strength of the Company's market position and demonstrated ability to generate significan
- Fourth Quarter 2024 Net Sales increased 3% to $1.2 Billion- Strong Fourth Quarter Operating Income Growth - Fourth Quarter 2024 EPS of $0.40 and Adjusted EPS(1) of $0.60, increased 13%- Increased Quarterly Cash Dividend 15% to $0.15 per share- Issues 2025 Guidance and Perspective on Consolidated Long-Term Growth LEXINGTON, Ky., Feb. 20, 2025 /PRNewswire/ -- As previously announced, Tempur Sealy International, Inc. changed its name to Somnigroup International Inc. (NYSE:SGI, ", Company", )) effective February 18, 2025. The Company today announced financial results for the fourth quarter and year ended December 31, 2024. The Company also issued financial guidance for the full year 2025, whi