Analysts Offer Predictions for Signet Jewelers Q3 Earnings

Signet Jewelers Limited (NYSE:SIG) – Equities research analysts at Telsey Advisory Group lowered their Q3 2026 EPS estimates for Signet Jewelers in a research note issued to investors on Thursday, March 20th. Telsey Advisory Group analyst D. Telsey now forecasts that the company will post earnings per share of $0.21 for the quarter, down from their previous forecast of $0.35. Telsey Advisory Group has a “Market Perform” rating and a $55.00 price objective on the stock. The consensus estimate for Signet Jewelers’ current full-year earnings is $8.73 per share. Telsey Advisory Group also issued estimates for Signet Jewelers’ FY2027 earnings at $9.60 EPS.

SIG has been the subject of several other reports. UBS Group boosted their price objective on shares of Signet Jewelers from $85.00 to $89.00 and gave the company a “buy” rating in a research report on Thursday, March 20th. Wells Fargo & Company cut their price target on Signet Jewelers from $95.00 to $80.00 and set an “overweight” rating on the stock in a research note on Thursday, March 20th. Bank of America lowered their price objective on Signet Jewelers from $95.00 to $65.00 and set a “neutral” rating for the company in a research note on Wednesday, January 15th. Finally, StockNews.com downgraded shares of Signet Jewelers from a “buy” rating to a “hold” rating in a research report on Friday, December 6th. Three equities research analysts have rated the stock with a hold rating and three have issued a buy rating to the company’s stock. Based on data from MarketBeat.com, Signet Jewelers presently has a consensus rating of “Moderate Buy” and a consensus target price of $81.60.

Signet Jewelers Trading Up 5.7 %

SIG opened at $61.37 on Monday. The company has a 50-day simple moving average of $54.27 and a 200 day simple moving average of $78.18. The stock has a market capitalization of $2.67 billion, a price-to-earnings ratio of 7.06, a P/E/G ratio of 3.43 and a beta of 2.20. The company has a quick ratio of 0.25, a current ratio of 1.55 and a debt-to-equity ratio of 0.14. Signet Jewelers has a twelve month low of $45.55 and a twelve month high of $112.06.

Signet Jewelers (NYSE:SIG) last announced its earnings results on Wednesday, March 19th. The company reported $6.62 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $6.39 by $0.23. The firm had revenue of $2.35 billion for the quarter, compared to analyst estimates of $2.33 billion. Signet Jewelers had a net margin of 8.57% and a return on equity of 28.69%. The business’s revenue was down 5.8% compared to the same quarter last year. During the same quarter in the prior year, the business posted $6.73 EPS.

Signet Jewelers Increases Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Friday, May 23rd. Stockholders of record on Friday, April 25th will be issued a dividend of $0.32 per share. This is an increase from Signet Jewelers’s previous quarterly dividend of $0.29. The ex-dividend date of this dividend is Friday, April 25th. This represents a $1.28 annualized dividend and a dividend yield of 2.09%. Signet Jewelers’s payout ratio is currently -168.42%.

Insider Transactions at Signet Jewelers

In other Signet Jewelers news, Director Eugenia Ulasewicz sold 3,333 shares of the company’s stock in a transaction on Friday, February 21st. The shares were sold at an average price of $54.13, for a total transaction of $180,415.29. Following the transaction, the director now owns 22,752 shares in the company, valued at approximately $1,231,565.76. This represents a 12.78 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is accessible through this hyperlink. 3.26% of the stock is owned by insiders.

Institutional Inflows and Outflows

A number of hedge funds have recently made changes to their positions in the business. Cooper Creek Partners Management LLC raised its holdings in shares of Signet Jewelers by 1,046.3% in the 4th quarter. Cooper Creek Partners Management LLC now owns 1,889,413 shares of the company’s stock worth $152,495,000 after acquiring an additional 1,724,592 shares during the last quarter. Anomaly Capital Management LP increased its holdings in Signet Jewelers by 862.5% during the 4th quarter. Anomaly Capital Management LP now owns 1,762,523 shares of the company’s stock worth $142,253,000 after purchasing an additional 1,579,410 shares in the last quarter. Norges Bank purchased a new stake in shares of Signet Jewelers in the fourth quarter worth approximately $40,989,000. Schonfeld Strategic Advisors LLC lifted its stake in Signet Jewelers by 2,648.8% during the 4th quarter. Schonfeld Strategic Advisors LLC now owns 304,021 shares of the company’s stock valued at $24,538,000 after acquiring an additional 292,961 shares in the last quarter. Finally, Janus Henderson Group PLC boosted its holdings in Signet Jewelers by 37.4% during the 4th quarter. Janus Henderson Group PLC now owns 1,055,061 shares of the company’s stock worth $85,155,000 after acquiring an additional 286,974 shares during the last quarter.

About Signet Jewelers

Signet Jewelers Limited operates as a diamond jewelry retailer. It operates through three segments: North America, International, and Other. The North America segment operates jewelry stores in jewelry stores in malls, mall-based kiosks, and off-mall locations in the United States and Canada primarily under the Kay Jewelers, Kay Jewelers Outlet, Jared The Galleria Of Jewelry, Jared Vault, Zales Outlet, Zales Jewelers, Diamonds Direct, James Allen, Banter by Piercing Pagoda, and Peoples Jewellers names, as well as operates online through its digital banners, James Allen and Blue Nile.