Q3 EPS Estimate for Signet Jewelers Decreased by Analyst

Signet Jewelers Limited (NYSE:SIG) – Telsey Advisory Group cut their Q3 2026 earnings per share estimates for Signet Jewelers in a report issued on Thursday, March 20th. Telsey Advisory Group analyst D. Telsey now forecasts that the company will post earnings of $0.21 per share for the quarter, down from their prior forecast of $0.35. Telsey Advisory Group currently has a “Market Perform” rating and a $55.00 price target 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.

A number of other analysts also recently weighed in on the company. StockNews.com downgraded Signet Jewelers from a “buy” rating to a “hold” rating in a research note on Friday, December 6th. UBS Group lifted their price objective on Signet Jewelers from $85.00 to $89.00 and gave the stock a “buy” rating in a report on Thursday. Bank of America reduced their price objective on Signet Jewelers from $95.00 to $65.00 and set a “neutral” rating for the company in a report on Wednesday, January 15th. Finally, Wells Fargo & Company reduced their price objective on Signet Jewelers from $95.00 to $80.00 and set an “overweight” rating for the company in a report on Thursday. Three research analysts have rated the stock with a hold rating and three have assigned a buy rating to the company. According to data from MarketBeat.com, Signet Jewelers has an average rating of “Moderate Buy” and an average price target of $81.60.

Signet Jewelers Stock Up 3.8 %

Signet Jewelers stock opened at $58.46 on Monday. The company has a debt-to-equity ratio of 0.14, a current ratio of 1.55 and a quick ratio of 0.25. Signet Jewelers has a 1-year low of $45.55 and a 1-year high of $112.06. The company has a market cap of $2.54 billion, a PE ratio of 6.73, a price-to-earnings-growth ratio of 3.43 and a beta of 2.20. The stock’s 50 day moving average price is $54.52 and its 200 day moving average price is $78.29.

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

Hedge Funds Weigh In On Signet Jewelers

Institutional investors have recently made changes to their positions in the stock. Smartleaf Asset Management LLC raised its holdings in shares of Signet Jewelers by 149.3% in the fourth quarter. Smartleaf Asset Management LLC now owns 703 shares of the company’s stock worth $57,000 after acquiring an additional 421 shares during the last quarter. Erste Asset Management GmbH acquired a new position in shares of Signet Jewelers in the third quarter worth $77,000. Sterling Capital Management LLC increased its stake in Signet Jewelers by 832.9% in the fourth quarter. Sterling Capital Management LLC now owns 1,362 shares of the company’s stock valued at $110,000 after purchasing an additional 1,216 shares during the last quarter. CIBC Private Wealth Group LLC increased its stake in Signet Jewelers by 32.9% in the fourth quarter. CIBC Private Wealth Group LLC now owns 1,656 shares of the company’s stock valued at $123,000 after purchasing an additional 410 shares during the last quarter. Finally, KBC Group NV increased its stake in Signet Jewelers by 34.6% in the fourth quarter. KBC Group NV now owns 1,740 shares of the company’s stock valued at $140,000 after purchasing an additional 447 shares during the last quarter.

Insider Transactions at Signet Jewelers

In other news, Director Eugenia Ulasewicz sold 3,333 shares of the business’s stock in a transaction on Friday, February 21st. The stock was sold at an average price of $54.13, for a total value of $180,415.29. Following the completion of the transaction, the director now directly owns 22,752 shares of the company’s stock, valued at $1,231,565.76. The trade was a 12.78 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available through the SEC website. Insiders own 3.26% of the company’s stock.

Signet Jewelers Increases Dividend

The business also recently declared a quarterly dividend, which will be paid on Friday, May 23rd. Stockholders of record on Friday, April 25th will be issued a $0.32 dividend. This represents a $1.28 dividend on an annualized basis and a dividend yield of 2.19%. This is a boost from Signet Jewelers’s previous quarterly dividend of $0.29. The ex-dividend date of this dividend is Friday, April 25th. Signet Jewelers’s payout ratio is -168.42%.

Signet Jewelers Company Profile

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.